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301 S Commerce Street
Centreville, MD 21617
$599,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
3440
Property Description
Price Improvement...Owners Ready To Sell! This renovated circa 1860 Victorian home has a clean, COASTAL vibe and is located in downtown Historic Centreville on Maryland's beautiful and relaxing Eastern Shore! The Town's square features one of the oldest courthouses in the State (from 1796) which is a short distance to the Town's waterfront wharf. In this EXCEPTIONAL home, the past has been merged with modern, coastal touches! A favorite home by many who visit, with it's generous-sized living spaces, is situated on nearly an acre which is rare in the Town. If you like Holiday parades, this property is on the Town's Holiday parade route and the current owners have hosted large lawn parties to watch the festivities! Short walks from the home will take you to restaurants, the town's library and Town Square, the wharf, walking trails, and parks! Since purchasing the home in 2020, the owners have made a large investment to transform it! The kitchen and two full baths have been gutted and redone and a powder room was added. So much more was done which includes paint, lighting, new attic insulation, equipment for 2 (of 3) HVAC zones replaced, buried electrical line from the street, additional electric panel, foundation bricks pointed up, added woodburning fireplace insert and pointed up brick chimney, exterior painted the shutters/side room/front-side porch decking, 4 new storm doors, new family room slider, rear entry completely redone with new door and siding, new floors in all bathrooms, kitchen and 3rd floor, ceilings redone in 2nd floor office and 3rd floor bedroom, upper gutters replaced, and much more! The kitchen's "WOW Factor" includes a custom built-in booth made from recycled horse fences, quartz countertops, shiplap, GE Cafe 6 burner gas stove and more. Another favorite room is the living room with high ceilings, brick mantle with fireplace and original plaster ceiling moulding trim. The large, spacious dining room can easily accommodate a table for 10 + and impressive foyer and living room featuring gorgeous hardwood floors with parquet borders displaying the craftmanship of yesteryear. 10' ceilings in the LR/FR/DR and Foyer as well. A captivating feature of the home is the foyer staircase with original wood railings leading to the 2nd floor where you'll find period pine floors. Rounding out the first floor is a large family room overlooking Commerce Street and the front/side and back yards. The 2nd floor features 4 rooms all with hardwood floors (3 used as bedrooms and 1 an office but could easily be 4 bedrooms) and a full bath and ample closet space. For a little fun venture up to the 3rd floor for the 4th bedroom with new flooring/ceiling, a large walk-in cedar closet and access to the attic. Outside an almost month-long project in 2021 of new steps/pavers leading from the front sidewalk to front door around to the side porch and also a back door path/steps/landing. Also added were flower beds with many perennials on the front/side and back of home and a new shed in 2021 (there are 2 sheds total with part of one having a workshop). The owners have taken great pride and have seeded and taken care of the lawn which garners many compliments! In Fall 2023 five new trees were planted. This is a home that is a combination of the new features mixed with the old warmth and is both cozy and impressive all wrapped in one. Please note that a June 2020 appraisal has home's total square footage to be 306 gross square feet more than what is recorded in tax record. Metro-areas like Annapolis, Baltimore or DC are commutable as well all the Chesapeake Bay area has to offer with boating, dining, hunting or just relaxing. Make your appointment today for this "ONE-OF-A-KIND" 1860s home! Spring 2023 the Sellers had Architectural drawings for a first floor in-law suite. Note: the listing agent is also one of the owners.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
1860
MLS Number
MDQA2008688
Location
Address
301 S COMMERCE STREET
City
CENTREVILLE
State
MD
Zip Code
21617
County
QUEEN ANNE`S
Listing
Provider
Chaney Homes, LLC, original listing
Name
Chaney Homes, LLC
Phone
(410) 739-0242
Office Name
Chaney Homes, LLC
Office Phone
(443) 249-7653
Agent Name
Jeanne Kent

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.