319 N Liberty St · Centreville, MD 21617

$225,000

3 bd · 1.0 ba · 1,362 sqft · SingleFamily public records · 60 Days on market

Built 1900 3,600 sqft lot Est $372k · 39% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.1/30.0
• ARV discount +15.0/15.0
• DSCR +4.6/10.0
• Livability +3.8/5.0
• 1% rule +3.5/10.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Why rent when you can own this home! Wonderful opportunity for a first time home buyer! With a little love, this 3 bedroom, 1 bath could be a beautiful home. Tax assessment value of $135,333, Also a great opportunity for an investor with the potential to earn $1,200 in monthly rent. Located in the heart of Centreville, you’ll be close to restaurants grocery, schools parks, and boat launch! Don’t miss this opportunity!

Key facts

• 3,600 sq ft lot
• Built 1900
• Listed 60 days

Property features AI

Finance

• Other: Fee simple ownership

Exterior

• Parking: Driveway parking; On-street parking
• Utilities: Public water; Public sewer; Electric service
• Home design: Detached property; Effective remodel year 2024
• Construction: Wood siding; Asphalt roof; Crawl space foundation
• Exterior features: Property is within city limits; No tidal water

Interior

• Kitchen: Kitchen included
• Bedrooms: Three bedrooms on the upper level
• Bathrooms: One full bathroom
• Heating & cooling: Heat pump(s); Multi-unit ductless / mini-split cooling; Electric heating fuel; Electric hot water
• Interior features: Living room; Dining room; Kitchen; No basement

🏷️ Possibly a rental listed for sale. The $225,000 price doesn't fit this home's estimated sale value (~$371,826) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $76 ($909/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $192k (14.6% below list).
• Recommended offer: $192k (14.6% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 2.0% in Centreville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#102 in MD, #3,915 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: cost of living D+, amenities F, commute F.
• Queen Anne'S County Public Schools (rural): math 22% / reading 39% proficiency, ranked #7 of 24 in MD (top 29%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Centreville Elementary School (560 students, 33% FRL); Centreville Middle School (math 12% / reading 40%, grade F, #91 of 225 statewide, top 42%, 481 students, 33% FRL); Queen Anne'S County High School (math 56% / reading 66%, grade C+, #65 of 222 statewide, top 31%, 1,209 students, 37% FRL).
• Zoned-school proficiency averages 44% at this address vs 30% district-wide (+13 pts) — the actual schools serving this property are materially stronger than the Queen Anne'S County Public Schools average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 86 active listings in the ZIP; 320 units permitted in Queen Anne's County in 2024 (56 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 60 days — a 3% lower offer ($218k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 12y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $72k; list at $225k implies a 212% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 65% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $192,117 (14.6% below list)

Questions for the listing agent

1. It's been on market 60 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.85% ✗
• Cap rate: 6.70%
• Cash-on-cash: 1.44%
• DSCR: 1.06
• GRM: 9.8

CMA / ARV

• ARV (on-the-fly): $371,826
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
106 Turpins Ln	0.14mi	3/2.0	1,257 (-8%)	6mo	$389,900	$310	71
708 Church Hill Rd	0.35mi	3/1.5	1,454 (+7%)	1mo	$365,000	$251	69
114 S Commerce St	0.31mi	2/2.0 (-1)	1,392 (+2%)	5mo	$200,000	$144	69
332 Holly St	0.55mi	3/1.0	1,336 (-2%)	9mo	$365,000	$273	63
110 Holton St	0.63mi	3/2.5	1,296 (-5%)	2mo	$360,000	$278	55
304 Commerce N	0.09mi	2/1.0 (-1)	1,206 (-12%)	23mo	$138,000	$114	53
105 Chestnut St	0.42mi	3/1.5	1,260 (-8%)	20mo	$399,950	$317	50
308 Oak St	0.57mi	3/2.5	1,450 (+6%)	9mo	$380,000	$262	49
132 Spring St	0.62mi	3/2.5	1,522 (+12%)	3mo	$425,000	$279	43
109 Hammond St	0.59mi	4/1.0 (+1)	1,268 (-7%)	18mo	$245,000	$193	41
362 Kidwell Ave	0.65mi	3/2.0	1,490 (+9%)	23mo	$409,900	$275	30

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -14.0%
• Equity multiple: 0.50×
• Total profit: $-31,673
• Equity at exit: $33,548

10-year hold

• IRR: -5.2%
• Equity multiple: 0.66×
• Total profit: $-21,529
• Equity at exit: $19,454

Cash invested: $63,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Maryland: 27 Tenant-Leaning · D+14
• County: — inherits STATE
• City: — inherits STATE

Failure-to-pay is dismissed if cured before judgment; Baltimore has just-cause; strict deposit rules.

Methodology + full state rankings →

ZIP-level market 21617

• Home prices YoY: -9.0%
• Active inventory: 86
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,921 medium
• Mortgage (P&I): −$1,180
• Tax from tax record: −$168 /mo · $2,019/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$403
• Net cashflow: $76

Break-even live

Break-even rent $1,825

Max offer price $225,000

Occupancy floor 91%

Sensitivity live

Price	-10% $203	-5% $139	+0% $76	+5% $12	+10% $-52
Rent	-10% $-76	-5% $0	+0% $76	+5% $152	+10% $228
Rate	-1.0pp $189	-0.5pp $133	base $76	+0.5pp $17	+1.0pp $-42

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Listing history 37 events

1. 2026-06-21
   days on market $225,000 Active 60 DOM
2. 2026-06-18
   days on market $225,000 Active 57 DOM
3. 2026-06-17
   days on market $225,000 Active 56 DOM
4. 2026-06-16
   days on market $225,000 Active 55 DOM
5. 2026-06-15
   days on market $225,000 Active 54 DOM
6. 2026-06-13
   days on market $225,000 Active 52 DOM
7. 2026-06-09
   days on market $225,000 Active 48 DOM
8. 2026-06-08
   days on market $225,000 Active 47 DOM
9. 2026-06-07
   days on market $225,000 Active 46 DOM
10. 2026-06-04
    days on market $225,000 Active 43 DOM
11. 2026-06-03
    days on market $225,000 Active 42 DOM
12. 2026-06-02
    days on market $225,000 Active 41 DOM
13. 2026-06-01
    days on market $225,000 Active 40 DOM
14. 2026-05-31
    days on market $225,000 Active 39 DOM
15. 2026-04-23
    status Active
16. 2026-04-10
    historical
17. 2026-04-10
    listed $225,000 Active
18. 2026-03-26
    historical $225,000
19. 2022-07-20
    soldstatus $72,000
20. 2022-07-02
    price $72,000 438-char remark

    Show marketing remark (438 chars)

    Why rent when you can own this home! Wonderful opportunity for a first time home buyer! With a little love, this 3 bedroom, 1 bath could be a beautiful home. Tax assessment value of $135,333, Also a great opportunity for an investor with the potential to earn $1,200 in monthly rent. Located in the heart of Centreville, you’ll be close to restaurants grocery, schools parks, and boat launch! Don’t miss this opportunity!

21. 2022-07-01
    soldstatus $72,000 Closed 438-char remark

    Show marketing remark (438 chars)

    Why rent when you can own this home! Wonderful opportunity for a first time home buyer! With a little love, this 3 bedroom, 1 bath could be a beautiful home. Tax assessment value of $135,333, Also a great opportunity for an investor with the potential to earn $1,200 in monthly rent. Located in the heart of Centreville, you’ll be close to restaurants grocery, schools parks, and boat launch! Don’t miss this opportunity!

22. 2022-05-07
    historical Active Under Contract 438-char remark

    Show marketing remark (438 chars)

    Why rent when you can own this home! Wonderful opportunity for a first time home buyer! With a little love, this 3 bedroom, 1 bath could be a beautiful home. Tax assessment value of $135,333, Also a great opportunity for an investor with the potential to earn $1,200 in monthly rent. Located in the heart of Centreville, you’ll be close to restaurants grocery, schools parks, and boat launch! Don’t miss this opportunity!

23. 2022-04-28
    price $79,500 438-char remark

    Show marketing remark (438 chars)

    Why rent when you can own this home! Wonderful opportunity for a first time home buyer! With a little love, this 3 bedroom, 1 bath could be a beautiful home. Tax assessment value of $135,333, Also a great opportunity for an investor with the potential to earn $1,200 in monthly rent. Located in the heart of Centreville, you’ll be close to restaurants grocery, schools parks, and boat launch! Don’t miss this opportunity!

24. 2022-04-26
    status Active 438-char remark

    Show marketing remark (438 chars)

    Why rent when you can own this home! Wonderful opportunity for a first time home buyer! With a little love, this 3 bedroom, 1 bath could be a beautiful home. Tax assessment value of $135,333, Also a great opportunity for an investor with the potential to earn $1,200 in monthly rent. Located in the heart of Centreville, you’ll be close to restaurants grocery, schools parks, and boat launch! Don’t miss this opportunity!

25. 2022-04-24
    historical Active Under Contract 438-char remark

    Show marketing remark (438 chars)

    Why rent when you can own this home! Wonderful opportunity for a first time home buyer! With a little love, this 3 bedroom, 1 bath could be a beautiful home. Tax assessment value of $135,333, Also a great opportunity for an investor with the potential to earn $1,200 in monthly rent. Located in the heart of Centreville, you’ll be close to restaurants grocery, schools parks, and boat launch! Don’t miss this opportunity!

26. 2022-04-14
    price $89,500 438-char remark

    Show marketing remark (438 chars)

    Why rent when you can own this home! Wonderful opportunity for a first time home buyer! With a little love, this 3 bedroom, 1 bath could be a beautiful home. Tax assessment value of $135,333, Also a great opportunity for an investor with the potential to earn $1,200 in monthly rent. Located in the heart of Centreville, you’ll be close to restaurants grocery, schools parks, and boat launch! Don’t miss this opportunity!

27. 2022-03-31
    price $99,500 438-char remark

    Show marketing remark (438 chars)

    Why rent when you can own this home! Wonderful opportunity for a first time home buyer! With a little love, this 3 bedroom, 1 bath could be a beautiful home. Tax assessment value of $135,333, Also a great opportunity for an investor with the potential to earn $1,200 in monthly rent. Located in the heart of Centreville, you’ll be close to restaurants grocery, schools parks, and boat launch! Don’t miss this opportunity!

28. 2022-03-01
    price $109,900 438-char remark

    Show marketing remark (438 chars)

    Why rent when you can own this home! Wonderful opportunity for a first time home buyer! With a little love, this 3 bedroom, 1 bath could be a beautiful home. Tax assessment value of $135,333, Also a great opportunity for an investor with the potential to earn $1,200 in monthly rent. Located in the heart of Centreville, you’ll be close to restaurants grocery, schools parks, and boat launch! Don’t miss this opportunity!

29. 2022-01-11
    status Active 438-char remark

    Show marketing remark (438 chars)

    Why rent when you can own this home! Wonderful opportunity for a first time home buyer! With a little love, this 3 bedroom, 1 bath could be a beautiful home. Tax assessment value of $135,333, Also a great opportunity for an investor with the potential to earn $1,200 in monthly rent. Located in the heart of Centreville, you’ll be close to restaurants grocery, schools parks, and boat launch! Don’t miss this opportunity!

30. 2021-11-18
    historical Active Under Contract 438-char remark

    Show marketing remark (438 chars)

    Why rent when you can own this home! Wonderful opportunity for a first time home buyer! With a little love, this 3 bedroom, 1 bath could be a beautiful home. Tax assessment value of $135,333, Also a great opportunity for an investor with the potential to earn $1,200 in monthly rent. Located in the heart of Centreville, you’ll be close to restaurants grocery, schools parks, and boat launch! Don’t miss this opportunity!

31. 2021-11-05
    price $119,500 438-char remark

    Show marketing remark (438 chars)

    Why rent when you can own this home! Wonderful opportunity for a first time home buyer! With a little love, this 3 bedroom, 1 bath could be a beautiful home. Tax assessment value of $135,333, Also a great opportunity for an investor with the potential to earn $1,200 in monthly rent. Located in the heart of Centreville, you’ll be close to restaurants grocery, schools parks, and boat launch! Don’t miss this opportunity!

32. 2021-10-08
    listed $139,500 Active 438-char remark

    Show marketing remark (438 chars)

    Why rent when you can own this home! Wonderful opportunity for a first time home buyer! With a little love, this 3 bedroom, 1 bath could be a beautiful home. Tax assessment value of $135,333, Also a great opportunity for an investor with the potential to earn $1,200 in monthly rent. Located in the heart of Centreville, you’ll be close to restaurants grocery, schools parks, and boat launch! Don’t miss this opportunity!

33. 2015-08-01
    historical Expired
34. 2015-08-01
    historical
35. 2014-01-15
    listed Active
36. 2014-01-15
    listed $109,900
37. 2005-03-03
    soldstatus $80,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MD · Partial reset (capped growth)

• Current annual tax: $2,019 · $168/mo
• Projected year-2 tax: $2,236 · $186/mo
• Expected delta: +$217/yr (+$18/mo · 10.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥105°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 65% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,054
• − Mortgage interest: −$12,603
• − Property taxes: −$2,019
• − Insurance: −$1,125
• − Repairs & maintenance: −$1,844
• − Management: −$1,844
• − Depreciation: −$6,545
• Taxable loss: −$2,928
• Est. tax savings @ 24.0%: +$703
• After-tax cash flow: $1,612/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Queen Anne'S County Public Schools
• NCES district ID: 2400540
• Math proficiency: 22% ▼ -30.00%
• Reading proficiency: 39% ▼ -22.00%
• Median HH income: $84,577
• Composite: 29.86/100
• National rank: #6406
• State rank: #7 of 24 in MD

Livability — Centreville

• Score: 75/100
• State rank: #102
• US rank: #3915

Category grades

Amenities F Commute F Cost of living D+ Crime A- Employment A+ Housing A+ Health & safety A+ User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Centreville, MD
• Population (ZIP): 10,614

Population outlook (Queen Anne's County) Hauer SSP2

• Today (2025): 51,149 people
• By 2030: 51,979 · +1.6%
• By 2040: 52,728 · +3.1%
• By 2050: 51,828 · +1.3%
• By 2075: 50,169 · -1.9%
• By 2100: 44,442 · -13.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Black 7% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Italian 3% Romanian 2% Slovak 2%
• Foreign-born: 3% · China, Canada
• Languages at home: 97% English-only · Spanish 1%

Political lean MEDSL · Queen Anne's

• 2024 margin: Strong R (+27.8) · D 35.1% · R 62.9% · Other 2.1%
• 2008→2024 swing: -0.7pp no change · 2008: -27.1pp · 2024: -27.8pp
• All cycles: 2024: R+27.8 2020: R+26.5 2016: R+36.1 2012: R+30.1 2008: R+27.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -24.68%
• Current HPI: 248.7802
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.97%
• F500 in state: 12

Industry mix (Fortune 500 HQ in MD)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	1	$71B
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

+181.2% since first listed

23 events — show timeline

• 2026-04-23 Relisted — BRIGHT MLS
• 2026-04-10 Listing Removed — BRIGHT MLS
• 2026-04-10 Listed $225,000 BRIGHT MLS
• 2026-03-26 Coming Soon $225,000 BRIGHT MLS
• 2022-07-20 Sold (Public Records) $72,000 Public Records
• 2022-07-02 Price Changed $72,000 BRIGHT MLS
• 2022-07-01 Sold (MLS) $72,000 BRIGHT MLS
• 2022-05-07 Contingent — BRIGHT MLS
• 2022-04-28 Price Changed $79,500 BRIGHT MLS
• 2022-04-26 Relisted — BRIGHT MLS
• 2022-04-24 Contingent — BRIGHT MLS
• 2022-04-14 Price Changed $89,500 BRIGHT MLS
• 2022-03-31 Price Changed $99,500 BRIGHT MLS
• 2022-03-01 Price Changed $109,900 BRIGHT MLS
• 2022-01-11 Relisted — BRIGHT MLS
• 2021-11-18 Contingent — BRIGHT MLS
• 2021-11-05 Price Changed $119,500 BRIGHT MLS
• 2021-10-08 Listed $139,500 BRIGHT MLS
• 2015-08-01 Listing Removed — BRIGHT MLS
• 2015-08-01 Delisted — MRIS
• 2014-01-15 Listed — MRIS
• 2014-01-15 Listed $109,900 BRIGHT MLS
• 2005-03-03 Sold (Public Records) $80,000 Public Records

Property tax history

+1.4%/yr

Latest (2025): $2,019 · +4.2% YoY. Source: county tax records.