NOT LISTED FOR SALE

10 Ericsson Ave Unit 37 Betterton, MD 21610

Estimated Value: $328,005 - $355,000

2 Beds
2 Baths
1,620 Sq Ft
$300/ mo HOA Fee

Last Sold January 18, 2019

Last sale price $220,000 $136 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,350/month

269 Days on Market

Highlights

  • 1 Dock Slip
  • Beach
  • Water Access
  • Water Views
  • Home fronts navigable water
  • 2-minute walk to Betterton Beach Park

About This Home

As of January 2019

Lovely light flows through this open floor plan with a wrapped deck overlooking Betterton Beach. The deck is partially covered and provides unlimited water view, glorious sunsets, plenty of room for outdoor entertaining! About a block to the beach, you also have a dedicated slip, 14,000 lb boat lift. Can be sold with interior furniture (minus personal effects/pictures/etc.

Last Agent to Sell the Property

Retha Arrabal

(410) 810-0010 rarrabal@hotmail.com Doug Ashley Realtors, LLC License #107285 Listed on: 02/01/2018

Last Buyer's Agent

Helen McAdory

(410) 778-9319 nmcguire@mdheritage.properties Maryland Heritage Properties License #627438

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,912

Year Built

  • Built in 1991

Lot Details

  • Home fronts navigable water
  • 1 Common Wall
  • Property is in very good condition

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Stove
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Front Basement Entry

Parking

  • Parking Space Number Location: 37
  • Driveway

Outdoor Features

  • Private Pool
  • Water Access
  • Property near a bay
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Schools

  • Kent County High School

Utilities

  • Central Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 1503027295

Community Details

Overview

  • Association fees include insurance, lawn maintenance, exterior building maintenance, pier/dock maintenance, snow removal, trash
  • Low-Rise Condominium
  • Rigbie Bluff Phase 4 Condos
  • Rigbie Bluff Phase 4 Community
  • Rigbie Bluff Subdivision

Recreation

  • Community Boat Dock
  • Beach
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,912

Year Built

Built in 1991

Lot Details

1,481 Sq Ft Lot

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Home Warranty: No
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1991
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Stove, Refrigerator, Range Hood, Washer, Dryer
  • Interior Amenities: Kitchen - Table Space, Combination Dining/Living, Kitchen - Eat-In, Primary Bath(s), Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: Yes
  • Basement Type: Front Entrance, Unfinished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 1620
  • Living Area Sq Ft: 1620
  • Price Per Sq Ft: 135.74
  • Above Grade Finished Sq Ft: 1620
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Wood Siding
  • Dock Type: Single Slip
  • Pool Private: Yes
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY/SASSAFRAS RIVER
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Parking Space Number Assigned: 37
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 300.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Rigbie Bluff Phase 4
  • HOA Condo Co-Op Amenities: Beach, Boat Dock/Slip, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Insurance, Lawn Maintenance, Ext Bldg Maint, Pier/Dock Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • High School: KENT COUNTY

Lot Info

  • Improvement Assessed Value: 70300.00
  • Land Assessed Value: 130000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: C-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 2912.36
  • Assessor Parcel Number: 1503027295
  • Tax Lot: 37
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Dock Slip Conveyance: Deeded

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Jan 18, 2019
Sold by
Bankert Jeffrey S and Bankert Melissa C
Bought by
Sanders Helen J
Seller's Agent
Retha Arrabal
Doug Ashley Realtors, LLC
Buyer's Agent
Helen McAdory
Maryland Heritage Properties
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%
Current Estimated Value
$343,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,751
Avg. Annual Appreciation
6.51%
Original Mortgage
$160,000
Outstanding Balance
$139,816
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$203,935

Purchase Details

Closed on
Jul 8, 2008
Sold by
Bonifacino Jeffrey T
Bought by
Bankert Jeffrey S and Bankert Melissa C.

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2008
Sold by
Bonifacino Jeffrey T
Bought by
Bankert Jeffrey S and Bankert Melissa C.

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2008
Sold by
Bonifacino Jeffrey T
Bought by
Bankert Jeffrey S and Bankert Melissa C.

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2005
Sold by
Urban John
Bought by
Bonifacino Jeffrey T

Purchase Details

Closed on
Jul 11, 2003
Sold by
Eisenhardt Robert G
Bought by
Urban John

Purchase Details

Closed on
Apr 24, 2000
Sold by
Edelstein Gerald
Bought by
Eisenhardt Robert G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Sanders Helen J $220,000 Liberty Title & Escrow Of Ma
Bankert Jeffrey S $307,500 --
Bankert Jeffrey S $307,500 --
Bankert Jeffrey S $307,500 --
Bonifacino Jeffrey T $279,000 --
Urban John $200,000 --
Eisenhardt Robert G $126,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Helen J $160,000
Previous Owner Bankert Jeffrey S $61,500
Previous Owner Bankert Jeffrey S $230,625
Previous Owner Bankert Jeffrey S $230,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $220,000 0.0% $136 / Sq Ft
10/28/2018 10/28/18 Pending -- -- --
10/23/2018 10/23/18 Price Changed $219,900 -2.2% $136 / Sq Ft
02/01/2018 02/01/18 For Sale $224,900 -- $139 / Sq Ft
Source: Bright MLS

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 $3,344 $230,300 $150,000 $80,300
2024 $3,247 $223,633 $0 $0
2023 $3,151 $216,967 $0 $0
2022 $3,033 $210,300 $130,000 $80,300
2020 $2,957 $203,633 $0 $0
2019 $2,909 $200,300 $130,000 $70,300
2018 $2,909 $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: 1005914181

Bright MLS

APN: 03-027295

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