NOT LISTED FOR SALE

111 Ericsson Ave Unit 1 Betterton, MD 21610

Estimated Value: $183,418 - $206,000

2 Beds
1 Bath
1,045 Sq Ft
$145/mo HOA Fee

Last Sold June 30, 2023

Last sale price $165,000 $158 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,374/month

14 Days on Market

Highlights

  • Home fronts navigable water
  • Property fronts the bay but unit may not have water views
  • Main Floor Bedroom
  • Water Access
  • Backs to Trees or Woods
  • 5-minute walk to Betterton Beach Park

About This Home

As of June 2023

Easy living by Betterton Beach! A short walk will have you to the beach in minutes where you can enjoy the Chesapeake Bay and opening of the Sassafras River. Exterior maintenance is covered by the association and allows you to travel frequently, not worry about maintenance and leaves time for other life events! Need an office, second living room, play area or exercise room? This home has an enclosed patio and a den for all your needs! There is a covered patio as well for outdoor entertaining! Brand new carpet was recently installed throughout! A shed is designated and owned by this unit where you can store kayak’s, paddle board’s etc. Welcome to easy & affordable living!

Last Agent to Sell the Property

Kristina Hyland

(410) 725-9225 kristina@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company Listed on: 05/15/2023

Coldwell Banker Chesapeake Real Estate Company

Last Buyer's Agent

Dale Hunter

(443) 829-5828 dalehunterjr@gmail.com Bayside Realty License #519849

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,586

Year Built

  • Built in 2008

Lot Details

  • Property fronts the bay but unit may not have water views
  • Home fronts navigable water
  • 1 Common Wall
  • Landscaped
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Converted Dwelling
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,045 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Recessed Lighting

Kitchen

  • Stove
  • Built-In Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Driveway
  • Parking Lot

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • Property near a bay
  • Enclosed Patio or Porch
  • Shed
  • Outbuilding

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1503003892

Community Details

Overview

  • Association fees include common area maintenance, insurance, lawn maintenance, trash, snow removal
  • 3 Units
  • Building Winterized
  • Low-Rise Condominium
  • 111 Condominium Condos
  • Betterton Beach Subdivision

Amenities

  • Common Area
  • Community Storage Space

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,586

Year Built

Built in 2008

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Converted Dwelling
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Inclusions: Shed, remaining furniture
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2008
  • Year Renovated: 2008
  • Building Winterized: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dryer, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Entry Level Bedroom, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 1045
  • Living Area Sq Ft: 1045
  • Price Per Sq Ft: 171.29
  • Above Grade Finished Sq Ft: 1045
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 111

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Outbuilding(s), Sidewalks
  • Roof: Shingle
  • Water Access: Yes
  • Water Body Name: Chesapeake Bay/ Sassafras River
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Parking Lot
  • Parking Lot Number Of Spaces: 5

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 145.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 111 Condominium
  • HOA Condo Co-Op Amenities: Common Grounds, Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Lawn Maintenance, Trash, 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

  • Land Use Code: U
  • Lot Features: Backs To Trees, Landscaping, Level
  • Outdoor Living Structures: Patio(s), Enclosed
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 1586.00
  • Assessor Parcel Number: 1503003892
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1045
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/30/2023

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 22, 2020
Sold by
Young Robert W and Young Joan D
Bought by
Bell Vernon B and Bell Brigitte L
Seller's Agent
Mike McGavisk
Empower Real Estate, LLC
Buyer's Agent
Jennifer Mobley
Coldwell Banker Chesapeake Real Estate Company
List Price
$149,000
Sold Price
$150,000
Premium/Discount to List
$1,000
0.67%
Current Estimated Value
$195,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,605
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Sep 8, 2010
Sold by
Erisson Developers Llc
Bought by
Young Robert W and Young Joan D

Purchase Details

Closed on
Mar 28, 2008
Sold by
Curtis Davis F and Curtis
Bought by
Ericsson Developers Llc

Purchase Details

Closed on
Feb 20, 2008
Sold by
Curtis Davis F and Curtis
Bought by
Ericsson Developers Llc

Purchase Details

Closed on
Apr 11, 2006
Sold by
Watts Valarie S
Bought by
Curtis Davis F and Curtis

Purchase Details

Closed on
Apr 5, 2006
Sold by
Watts Valarie S
Bought by
Curtis Davis F and Curtis

Purchase Details

Closed on
Apr 16, 2004
Sold by
Morgan Ashley A
Bought by
Watts Valarie S

Purchase Details

Closed on
Jun 27, 2002
Sold by
Webb Tammie E
Bought by
Morgan Ashley A and Morgan Sally L

Purchase Details

Closed on
Jun 1, 1995
Sold by
Webb Carl and Elizabeth Boyd
Bought by
Webb Tammie E
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
Bell Vernon B $150,000 Newlyn Ttl Assurance Co Inc
Young Robert W $113,000 --
Ericsson Developers Llc -- --
Ericsson Developers Llc -- --
Curtis Davis F $168,000 --
Curtis Davis F $168,000 --
Watts Valarie S $115,000 --
Morgan Ashley A $80,000 --
Webb Tammie E $25,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2023 06/30/23 Sold $165,000 -7.8% $158 / Sq Ft
05/15/2023 05/15/23 For Sale $179,000 +19.3% $171 / Sq Ft
09/22/2020 09/22/20 Sold $150,000 +0.7% $144 / Sq Ft View Prior Sale
08/05/2020 08/05/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $149,000 -0.7% $143 / Sq Ft
07/24/2020 07/24/20 Off Market $150,000 -- --
07/24/2020 07/24/20 For Sale $149,000 -- $143 / 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 $2,251 $155,000 $50,000 $105,000
2024 $2,033 $140,000 $0 $0
2023 $908 $125,000 $0 $0
2022 $1,586 $110,000 $35,000 $75,000
2021 $1,588 $110,000 $35,000 $75,000
2020 $1,597 $110,000 $35,000 $75,000
2019 $1,597 $110,000 $35,000 $75,000
2018 $1,597 $110,000 $35,000 $75,000
2017 $1,599 $110,000 $0 $0
2016 -- $110,000 $0 $0
2015 $1,599 $110,000 $0 $0
2014 $1,599 $110,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDKE2002706

Bright MLS

APN: 03-003892