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$395,000

Beds
3
Baths
2.0
sq ft
3,020

23354 Benton Rd, Deal Island, MD 21821

23354 Benton Rd

DEAL ISLAND, MD 21821

  • 149 days on market
    • Price drop $64,000↓
Your adventure awaits with this extraordinary five-acre waterfront property on historic Deal Island, featuring a beautifully renovated two-story home and additional dwellings. Possible owner financing option. The main home has been thoughtfully renovated and includes a large, inviting kitchen perfect for culinary creations. Adjacent to the kitchen is a sunroom offering breathtaking water views. The dining room, with its charming brick layered floors, provides access to a cozy library, ideal for quiet reading or work. The living room is perfect for family gatherings, and the home includes one bedroom and two full bathrooms on the first floor. Upstairs, you will find two large bedrooms and an attic that offers ample storage space. Outdoor spaces include a large deck for entertaining and a back deck overlooking the serene waters, perfect for morning coffee or reading. The property also includes a mobile home featuring two bedrooms, one full bathroom, a combined living and dining area, and a small office area. Additionally, there is a third home on the property with two bedrooms that requires interior renovation due to a fire but holds great potential for rehabilitation. The listing includes all 4 lots, tax map parcels 27, 29, 30 and 31. Embrace the serenity of Deal Island with activities such as fishing, crabbing, kayaking, swimming, or simply enjoying the natural beauty around you. This property offers the perfect blend of adventure and relaxation. Don’t miss this unique opportunity to own a piece of paradise.

Details

Property type

Single Family Residence

Est. home value

$217,870

Lot size

5.13 acres

Price per sq ft

$131

Year built

1905

Annual property taxes

$1,427

HOA

No

Price History

10/17/2024
Bright

Bright #MDSO2004854

Price change
$395,000
-13.94%
07/26/2024
Bright

Bright #MDSO2004854

Listed
$459,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

SOMERSET COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$313,661
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$49,739
Cash to seller
$313,661

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Audrey Wiiliams

Loan start date

October 2023

Original loan amount

$75,000

Est. remaining balance

$49,739

Interest rate

7.12%

Loan type

Not Provided, 3 year

Seller

Helen June Butler

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 6:15 AM

Listing updated: 12/20/2024 at 5:14 PM

Listed by: C.D. Hall, Hall Realty Phone #: (410) 957-1888

MLS: Bright #MDSO2004854

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