NOT LISTED FOR SALE

120 Riverside Dr Elkton, MD 21921

Estimated Value: $641,000 - $715,000

5 Beds
4.5 Baths
4,224 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $610,000 $144 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,004/month

27 Days on Market

Highlights

  • 1.73 Acre Lot
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • 1 Fireplace
  • Breakfast Area or Nook

About This Home

As of December 2023

Rare opportunity... This Custom Built 5300+ sq ft. 5 / 6-bedroom 4.5 bath home is situated on a beautifully landscaped 1.73-acre lot in sought after Gilpin Farms. Featuring a first-floor "owners retreat" that boasts an adjacent walk-in dressing room with beautiful built- ins, a 4-piece bath, a nursery or spare bedroom, another full bathroom and a great space for an in-home office. There is a wonderfully appointed gourmet kitchen with all the bells and whistles and a breakfast room that's flooded with natural light due to the floor to ceiling windows. Just off the breakfast room lies an expansive patio. The cozy family room with abundant shelves and a wood burning fireplace also has access to the patio and opens to the kitchen. This dynamic space flows perfectly, and certainly lends itself to hours of entertaining:!! The first floor also features a spacious living room and a formal dining room that has wainscoting and crown molding accents. There are gorgeous hardwood floors, a convenient first floor laundry just off the powder room and an easy inside garage access for those rainy days when unloading groceries. There are four generous sized bedrooms upstairs. One bedroom has a bonus finished walk-in closet / added attic storage area and one sports its own private bath. There is also a traditional shared hallway bathroom and plenty of hallway closet space. A partially finished basement and detached garage are available for all your storage needs. This Estate Sale Property is being offered in "as-is" condition. Check out the immense side yard and dream of all the possibilities that await... Come see it today as it could be gone tomorrow!!

Last Agent to Sell the Property

Timothy Lukk

(302) 367-8310 tlukk@remax.net VRA Realty Listed on: 10/13/2023

Last Buyer's Agent

Ned Bates

(302) 898-3480 nbates@psre.com Foraker Realty Co. License #RS0038554

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,799

Year Built

  • Built in 1978 | Remodeled in 2019

Lot Details

  • 1.73 Acre Lot
  • Property is in very good condition
  • Property is zoned UR

Parking

  • 3 Garage Spaces | 2 Direct Access and 1 Detached
  • 12 Driveway Spaces
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Partially Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Soaking Tub

Utilities

  • Forced Air Heating and Cooling System
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Gilpin Farms Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0803064557

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,799

Year Built

Built in 1978 | Remodeled in 2019

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: All appliances, window treatments
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-10-13
  • Federal Flood Zone: No
  • Year Built: 1978
  • Year Renovated: 2019
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Island, Soaking Tub, Wainscotting, Walk-In Closet(s), Water Treat System, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Improved, Partially Finished
  • Total Sq Ft: 5340
  • Living Area Sq Ft: 4224
  • Price Per Sq Ft: 147.96
  • Above Grade Finished Sq Ft: 4224
  • Below Grade Sq Ft: 1116
  • Total Below Grade Sq Ft: 1116
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 120

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Stucco
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 15
  • Type Of Parking: Attached Garage, Detached Garage, Driveway
  • Number of Spaces in Driveway: 12

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Natural Gas Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • School District Key: 121139799812
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 1.73
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 75359.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: UR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4799.00
  • Assessor Parcel Number: 0803064557
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 4224
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/20/2023

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Dec 20, 2023
Sold by
120 Riverside Drive Llc
Bought by
Wallace Meghan and Wallace William Curtis
Seller's Agent
Timothy Lukk
VRA Realty
Buyer's Agent
Ned Bates
Foraker Realty Co.
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%
Views
182
Current Estimated Value
$674,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,603
Avg. Annual Appreciation
5.56%
Original Mortgage
$488,000
Outstanding Balance
$479,007
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$195,596

Purchase Details

Closed on
Dec 7, 2012
Sold by
Palumbo C John
Bought by
120 Riverside Drive Llc

Purchase Details

Closed on
Jan 30, 1979
Sold by
Weed Raymond B
Bought by
Palumbo C John
Source: Public Records

Range of Values:

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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
Wallace Meghan $610,000 None Listed On Document
120 Riverside Drive Llc -- None Available
Palumbo C John $75,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Meghan $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2023 12/20/23 Sold $610,000 -2.4% $144 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $625,000 -- $148 / 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 $5,467 $494,033 $0 $0
2024 $5,169 $466,800 $109,000 $357,800
2023 $4,961 $443,800 $0 $0
2022 $4,799 $420,800 $0 $0
2021 $4,595 $397,800 $109,000 $288,800
2020 $4,559 $390,033 $0 $0
2019 $4,469 $382,267 $0 $0
2018 $4,379 $374,500 $139,000 $235,500
2017 $4,379 $374,500 $0 $0
2016 $4,234 $374,500 $0 $0
2015 $4,234 $378,500 $0 $0
2014 $4,388 $378,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC2010732

Bright MLS

APN: 03-064557