NOT LISTED FOR SALE

12 Terrace Rd Essex, MD 21221

Estimated Value: $162,000 - $280,000

3 Beds
1.5 Baths
1,080 Sq Ft
$224/Sq Ft Est. Value

Last Sold January 10, 2013

Last sale price $75,000 $69 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $1,516/month

10 Days on Market

Highlights

  • Attic
  • Bungalow
  • Ceiling Fan
  • No HOA
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of January 2013

HUD Owned Home, sold "as is" HUD Case # 241-503567. FHA insurable with repair escrow of $550.00. Adorable bungalow nestled in the heart of popular Eastern Terrace. Enjoy nice room sizes, full basement, and nice yard. Walk to shops on Eastern Avenue and easily access I-95, 695, and Downtown Baltimore!

Last Agent to Sell the Property

Gina Gargeu

(410) 929-1271 Gina@C21DT.com Century 21 Downtown Listed on: 11/06/2012

Century 21 Downtown

Last Buyer's Agent

Gina Gargeu

(410) 929-1271 Gina@C21DT.com Century 21 Downtown Listed on: 11/06/2012

Century 21 Downtown

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 6,399 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Dining Area
  • Unfinished Basement
  • Connecting Stairway
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1.5 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Eastern Terrace Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 04151516001590

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1942
  • Remarks Public: HUD Owned Home, sold "as is" HUD Case # 241-503567. FHA insurable with repair escrow of $550.00. Adorable bungalow nestled in the heart of popular Eastern Terrace. Enjoy nice room sizes, full basement, and nice yard. Walk to shops on Eastern Avenue and easily access I-95, 695, and Downtown Baltimore!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Attic, Dining Area
  • Fireplace: No
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Unfinished
  • Living Area Units: Square Feet
  • Street Number Modifier: 12

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 6399
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6399.00
  • Year Assessed: 2012

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2531.78
  • Assessor Parcel Number: 04151516001590
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1080
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 01/10/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2017
Sold by
Schech Alex M
Bought by
Schech Alex M and Schech Natalie N
Current Estimated Value
$241,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$118,418
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$131,466

Purchase Details

Closed on
Nov 14, 2017
Sold by
Schech Alex Michael and Schech Michael J
Bought by
Schech Alex M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$118,418
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$131,466

Purchase Details

Listed on
Nov 6, 2012
Closed on
Jan 9, 2013
Sold by
Schech Alex Michael
Bought by
Schech Alex Michael and Schech Michael J
Seller's Agent
Gina Gargeu
Century 21 Downtown
Buyer's Agent
Gina Gargeu
Century 21 Downtown
List Price
$78,000
Sold Price
$75,000
Premium/Discount to List
-$3,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%

Purchase Details

Listed on
Nov 6, 2012
Closed on
Dec 31, 2012
Sold by
Department Of Housing & Urban Developmen
Bought by
Schech Alex Michael
Seller's Agent
Gina Gargeu
Century 21 Downtown
Buyer's Agent
Gina Gargeu
Century 21 Downtown
List Price
$78,000
Sold Price
$75,000
Premium/Discount to List
-$3,000
-3.85%

Purchase Details

Closed on
Oct 17, 2012
Sold by
Whitkaer James F and Whitaker Carol A
Bought by
United States Secretary Of Housing & Urb

Purchase Details

Closed on
May 15, 2012
Sold by
The United States Of America
Bought by
Midfirst Bank

Purchase Details

Closed on
Oct 6, 2003
Sold by
Whitaker James F and Whitaker Carol A
Bought by
Whitaker Timothy J

Purchase Details

Closed on
Jul 31, 1998
Sold by
Patton William J
Bought by
Whitaker James F and Whitaker Carol A
Source: Public Records

Range of Values:

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Average Value
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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
Schech Alex M $140,000 Guaranteed Trust Title Llc
Schech Alex M -- Guaranteed Turst Tilte Llc
Schech Alex Michael -- Metropolitan Title Co Inc
Schech Alex Michael $75,000 Metropolitan Title Co Inc
United States Secretary Of Housing & Urb $74,000 None Available
Midfirst Bank -- Accurate Title Recordings
Whitaker Timothy J -- --
Whitaker James F $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schech Alex M $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2013 01/10/13 Sold $75,000 -3.8% $69 / Sq Ft
11/16/2012 11/16/12 Pending -- -- --
11/06/2012 11/06/12 For Sale $78,000 -- $72 / 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 $2,735 $167,000 -- --
2024 $2,735 $155,700 $0 $0
2023 $1,299 $144,400 $54,100 $90,300
2022 $2,385 $139,433 $0 $0
2021 $2,225 $134,467 $0 $0
2020 $2,830 $129,500 $54,100 $75,400
2019 $1,561 $128,800 $0 $0
2018 $2,530 $128,100 $0 $0
2017 $2,443 $127,400 $0 $0
2016 $1,847 $125,267 $0 $0
2015 $1,847 $123,133 $0 $0
2014 $1,847 $121,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004216400

Bright MLS

APN: 15-1516001590