NOT LISTED FOR SALE

10 Ericsson Ave Unit 22 Betterton, MD 21610

Estimated Value: $300,522 - $337,000

2 Beds
2 Baths
1,520 Sq Ft
$345/mo HOA Fee

Last Sold March 15, 2022

Last sale price $260,000 $171 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,357/month

Highlights

  • 1 Dock Slip
  • Water Access
  • Community Pool
  • Home fronts navigable water
  • Traditional Architecture
  • 2-minute walk to Betterton Beach Park

About This Home

As of March 2022

Welcome to maintenance free living with a spectacular view of the Chesapeake Bay! This 2nd floor condo is move in ready for its new owners featuring 2 bedrooms and 2 full bathrooms. As you enter the unit you will find a very open and spacious floor plan featuring hardwood flooring that runs through out the entire unit. Large kitchen features stainless steel appliances and granite countertops. Living room with a slider leads to the large covered deck with views of Betterton Beach area and the Chesapeake. Primary bedroom features a private bathroom with a double vanity, walk in closet, and a slider to the deck. In unit laundry features a stackable washer and dryer. This property would make a great primary residence, vacation home to get away or VRBO/ Air BNB. Included is deeded slip #38 with a lift at the end of the pier and most likely in the deepest water available. When your looking for somewhere to relax during the warm summer months, try the community pool! Under the unit is a large storage unit perfect for storing your beach and water toys! Put this on your tour list today!

Last Agent to Sell the Property

Jason Duncan

(302) 242-7906 jason@thejasonduncanteam.com Foraker Realty Co. License #676568 Listed on: 01/29/2022

Last Buyer's Agent

Frank Bozzonetti

(301) 704-3418 frank@charisrealty.com Charis Realty Group License #660752

Charis Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,956

Year Built

  • Built in 1991

Lot Details

  • Home fronts navigable water
  • Property is in excellent condition

HOA Fees

  • $345 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Frame Construction

Interior Spaces

  • 1,520 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Outdoor Features

  • Water Access
  • Property near a bay
  • Electric Hoist or Boat Lift
  • Physical Dock Slip Conveys
  • 1 Dock Slip

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 1503027120

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, pier/dock maintenance, pool(s), snow removal
  • Low-Rise Condominium
  • Rigbie Bluff Subdivision

Recreation

  • Boat Dock
  • Pier or Dock
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,956

Year Built

Built in 1991

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 2
  • Flooring Type: Laminate Plank
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1520
  • Living Area Sq Ft: 1520
  • Price Per Sq Ft: 171.05
  • Above Grade Finished Sq Ft: 1520
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 345.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Pier/Dock, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Pier/Dock Maintenance, Pool(s), Snow Removal
  • HOA: No
  • Senior Community: No

Schools

  • School District: KENT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139164602
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Land Use Code: 110
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: C-1
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2956.00
  • Assessor Parcel Number: 1503027120
  • Tax Lot: 22
  • Tax Total Finished Sq Ft: 1520
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/15/2022

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Sep 6, 2019
Sold by
Berfield Bradley A and Berfield Margare R
Bought by
Fratangelo Laura
Seller's Agent
Nancy McGuire
Maryland Heritage Properties
Buyer's Agent
Jennifer Mobley
Coldwell Banker Chesapeake Real Estate Company
List Price
$229,900
Sold Price
$229,900
Current Estimated Value
$321,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,231
Avg. Annual Appreciation
5.64%
Original Mortgage
$218,405
Outstanding Balance
$191,697
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$129,434

Purchase Details

Listed on
Mar 2, 2013
Closed on
Jan 23, 2015
Sold by
Elliott Raymond P
Bought by
Berfield Bradley A and Berfield Margaret R
Seller's Agent
Ashton Kelley
Gunther-McClary Real Estate
Buyer's Agent
Ashton Kelley
Gunther-McClary Real Estate
List Price
$215,000
Sold Price
$167,000
Premium/Discount to List
-$48,000
-22.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Apr 17, 2008
Sold by
Elliott Raymond P
Bought by
Elliott Raymond P Trustee

Purchase Details

Closed on
Apr 7, 2008
Sold by
Elliott Raymond P
Bought by
Elliott Raymond P Trustee

Purchase Details

Closed on
Jul 23, 2001
Sold by
Elliott Raymond P
Bought by
Elliott Raymond P

Purchase Details

Closed on
Oct 21, 1991
Sold by
Hall Creek Land Co Inc.
Bought by
Elliott Raymond P and Lillian Wallace
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fratangelo Laura $229,900 Newlyn Ttl Assurance Co Inc
Berfield Bradley A $167,000 None Available
Elliott Raymond P Trustee -- --
Elliott Raymond P Trustee -- --
Elliott Raymond P $80,000 --
Elliott Raymond P $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fratangelo Laura $218,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2022 03/15/22 Sold $260,000 0.0% $171 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $260,000 +13.1% $171 / Sq Ft
09/06/2019 09/06/19 Sold $229,900 0.0% $151 / Sq Ft View Prior Sale
08/01/2019 08/01/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $229,900 +37.7% $151 / Sq Ft
01/23/2015 01/23/15 Sold $167,000 -6.7% $110 / Sq Ft View Prior Sale
11/19/2014 11/19/14 Pending -- -- --
10/03/2014 10/03/14 Price Changed $179,000 -10.1% $118 / Sq Ft
05/12/2014 05/12/14 Price Changed $199,000 -7.4% $131 / Sq Ft
03/02/2013 03/02/13 For Sale $215,000 -- $141 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,630 $250,000 $150,000 $100,000
2024 $3,438 $236,767 $0 $0
2023 $3,246 $223,533 $0 $0
2022 $3,033 $210,300 $130,000 $80,300
2021 $2,989 $206,967 $0 $0
2020 $2,957 $203,633 $0 $0
2019 $11,634 $200,300 $130,000 $70,300
2018 $5,817 $200,300 $130,000 $70,300
2017 $2,912 $200,300 $0 $0
2016 -- $200,300 $0 $0
2015 $2,923 $200,300 $0 $0
2014 $2,923 $200,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDKE2000940

Bright MLS

APN: 03-027120