NOT LISTED FOR SALE

11540 Lynch Rd Lynch, MD 21678

Estimated Value: $151,584

3 Beds
2 Baths
1,860 Sq Ft
$81/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $140,000 $75 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $976/month

158 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Laundry Room
  • 1 Fireplace
  • Living Room
  • Dining Room

About This Home

As of May 2023

Newly renovated double wide home located not far from Chestertown, MD in a small town called Lynch, MD. Three bedrooms and two full baths. The front recently renovated building that used to be a small store can be used for storage or office. Great investment property, with detached office.

Last Agent to Sell the Property

John Burke

(443) 206-3727 jburke57@gmail.com Gunther-McClary Real Estate Listed on: 10/28/2022

Last Buyer's Agent

John Burke

(443) 206-3727 jburke57@gmail.com Gunther-McClary Real Estate Listed on: 10/28/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,477

Year Built

  • Built in 1984

Lot Details

  • 0.4 Acre Lot
  • Property is zoned CR

Home Design

  • Rambler Architecture
  • Pillar, Post or Pier Foundation
  • Modular or Manufactured Materials

Interior Spaces

  • 1,860 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Gravel Driveway

Utilities

  • Heat Pump System
  • Well
  • Oil Water Heater
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Lynch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1503000354

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,477

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-10-28
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pillar/Post/Pier
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry, Bathroom 1
  • Basement: No
  • Total Sq Ft: 1860
  • Living Area Sq Ft: 1860
  • Price Per Sq Ft: 91.40
  • Above Grade Finished Sq Ft: 1860
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Modular/Manufactured
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 85200.00
  • Land Assessed Value: 104500.00
  • Lot Size Acres: 0.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17420.00
  • Zoning: CR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 7264228
  • Tax Annual Amount: 1477.00
  • Assessor Parcel Number: 1503000354
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
May 15, 2023
Sold by
Lawson Robert M and Lawson Marilyn L
Bought by
Energywise Llc
Seller's Agent
John Burke
Gunther-McClary Real Estate
Buyer's Agent
John Burke
Gunther-McClary Real Estate
List Price
$185,000
Sold Price
$140,000
Premium/Discount to List
-$45,000
-24.32%
Views
105
Current Estimated Value
$151,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,584
Avg. Annual Appreciation
3.00%
Original Mortgage
$120,000
Outstanding Balance
$68,651
Interest Rate
6.28%
Mortgage Type
Seller Take Back
Estimated Equity
$82,933

Purchase Details

Closed on
Jul 12, 2019
Sold by
Coleman Barbara P
Bought by
Lawson Robert M and Lawson Marilyn L

Purchase Details

Closed on
Sep 4, 1997
Sold by
Freeman Ruth Ann
Bought by
Coleman Larry R
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Energywise Llc $140,000 None Listed On Document
Lawson Robert M $30,000 None Available
Coleman Larry R $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Energywise Llc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2023 05/15/23 Sold $140,000 -17.6% $75 / Sq Ft
01/25/2023 01/25/23 Price Changed $170,000 -8.1% $91 / Sq Ft
11/27/2022 11/27/22 For Sale $185,000 +32.1% $99 / Sq Ft
11/27/2022 11/27/22 Off Market $140,000 -- --
10/28/2022 10/28/22 For Sale $198,000 -- $106 / 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 $2,271 $189,700 $104,500 $85,200
2024 $2,051 $170,267 $0 $0
2023 $1,830 $150,833 $0 $0
2022 $1,597 $131,400 $104,500 $26,900
2020 $1,610 $131,400 $104,500 $26,900
2019 $1,777 $135,500 $104,500 $31,000
2018 $1,777 $135,500 $104,500 $31,000
2017 $1,720 $135,500 $0 $0
2016 -- $141,100 $0 $0
2015 -- $141,200 $0 $0
2014 $1,666 $141,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDKE2002070

Bright MLS

APN: 03-000354