Historic, Garage, Victorian
1915 Pocomoke City Victorian, 3 Floors, 6 Beds, Original Moldings — $139,900
7
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 9 | 3-story Victorian, 6 beds, original moldings, rear staircase, detached garage, formal rooms |
| Condition | 25% | 5 | As-is, deferred maintenance acknowledged; conventional financing possible softens risk |
| Price / Sq Ft | 15% | 10 | $47/sqft vs $173/sqft zip median — 73% below; thin 7-comp data but directionally strong |
| Price vs. Market | 5% | 9 | $139,900 vs $279,379 median — 50% below zip median; strong value signal |
| Market Conditions | 5% | 6 | DOM 41 median vs 29 here; 35.1% price drops, 96.5% sale-to-list — mild buyer's market |
Three thousand square feet of 1915 Victorian for $47 a square foot. That number is the starting point, because in a zip code where the median price per square foot runs $173, this house is priced at roughly a quarter of that. The median sale price in this market is $279,379. This one is $139,900. That gap has to go somewhere, and it goes into condition — but the scale of what you get before you account for any of that is hard to ignore.
The house runs three full stories. The first floor has a formal foyer, living room, dining room, family room, kitchen, eat-in kitchen area, mud room, and utility room, plus a half bath and an unfinished full bath. That is a lot of house on one level alone. The second floor holds four bedrooms and a full bath. Two more bedrooms on the third. There is a rear staircase that runs from the kitchen up to the second floor, which is the kind of detail that tells you something about how this house was originally designed to function. The original three-story staircase and moldings are still there.
Out back there is a private yard and a detached garage. The listing says it is a short walk to downtown and to the Pocomoke River.
Now the honest part. This house is being sold as-is, and the agent acknowledges deferred maintenance directly in the listing. The fact that conventional financing through a local lender is described as possible rather than standard tells you something about the condition. You will need to go in with eyes open and cash or a renovation plan, or both. The gap between this price and market median exists for a reason, and the reason is work.
What the price makes possible is getting into a genuine Victorian with original details, six bedrooms, and three floors in a small Maryland river town for less than the cost of a new midsize truck. If you have the appetite for a project, the math here is hard to find elsewhere.
