NOT LISTED FOR SALE

122 Cherry Tree Ln Elkton, MD 21921

Estimated Value: $231,261 - $259,000

2 Beds
2.5 Baths
1,296 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $153,000 $118 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,512/month

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of August 2020

Don't miss your chance to live in the sought after well established community of Washington Woods! This townhouse features a double master bedroom layout - each bedroom is large and has a master bath and double closets! Spacious living room with half bath, Large eat-in kitchen with pantry and sliders to deck and a fully finished basement with walk out to back yard - ready for you to call home! New water heater in 2016. One year home warranty included!

Last Agent to Sell the Property

Tabitha Bathgate

(443) 553-9109 tbathgate@kw.com Empower Real Estate, LLC License #531823 Listed on: 07/23/2020

Empower Real Estate, LLC

Last Buyer's Agent

Brenda Jolly

(410) 905-4838 bjolly@zoominternet.net Integrity Real Estate License #613650

Integrity Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,301

Year Built

  • Built in 1995

Lot Details

  • 2,003 Sq Ft Lot
  • Property is in average condition

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,296 Sq Ft Home
  • Property has 3 Levels
  • Carpet
  • Basement

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Thomson Estates Elementary School
  • Elkton Middle School
  • Elkton High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 180
  • Assessor Parcel Number 0803099660

Community Details

Overview

  • Association fees include common area maintenance
  • Washington Woods Subdivision

Amenities

  • Common Area

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,301

Year Built

Built in 1995

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Refrigerator, Stove, dishwasher
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-08-01
  • Federal Flood Zone: No
  • Year Built: 1995
  • Building Winterized: No
  • Remarks Public: Don't miss your chance to live in the sought after well established community of Washington Woods! This townhouse features a double master bedroom layout - each bedroom is large and has a master bath and double closets! Spacious living room with half bath, Large eat-in kitchen with pantry and sliders to deck and a fully finished basement with walk out to back yard - ready for you to call home! New water heater in 2016. One year home warranty included!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove, Water Heater
  • Flooring Type: Carpet
  • Fireplace: No
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 1296
  • Living Area Sq Ft: 1296
  • Price Per Sq Ft: 121.91
  • Above Grade Finished Sq Ft: 1296
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 122

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 132.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • Elementary School: THOMSON ESTATES
  • Middle School: ELKTON
  • High School: ELKTON
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121139799812
  • School District Source: 3rd Party
  • Elementary School: THOMSON ESTATES
  • High School: ELKTON
  • Middle Or Junior School: ELKTON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 93600.00
  • Land Assessed Value: 40000.00
  • Land Use Code: 110
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2003.00
  • Property Condition: Average
  • Year Assessed: 2020
  • Zoning: R3
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 4455067
  • Tax Annual Amount: 2301.00
  • Assessor Parcel Number: 0803099660
  • Tax Lot: 180
  • Tax Total Finished Sq Ft: 1296
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/28/2020

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Aug 28, 2020
Sold by
Frontera Gina R
Bought by
Schmidt Melissa M and Bean Jacob
Seller's Agent
Tabitha Bathgate
Empower Real Estate, LLC
Buyer's Agent
Brenda Jolly
Integrity Real Estate
List Price
$158,000
Sold Price
$153,000
Premium/Discount to List
-$5,000
-3.16%
Current Estimated Value
$246,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,315
Avg. Annual Appreciation
9.67%
Original Mortgage
$145,350
Outstanding Balance
$128,749
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$117,566

Purchase Details

Closed on
Mar 17, 2009
Sold by
Netz Jesse E
Bought by
Frontera Gina R

Purchase Details

Closed on
Oct 4, 2005
Sold by
Sundance Investments Llc
Bought by
Netz Jesse E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,185
Interest Rate
5.78%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2005
Sold by
Sundance Investments Llc
Bought by
Netz Jesse E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,185
Interest Rate
5.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 2004
Sold by
Steele John E Kim M
Bought by
Sundance Investments Llc
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
Schmidt Melissa M $153,000 Kirsh Title Services Inc
Frontera Gina R $164,000 --
Netz Jesse E $167,500 --
Netz Jesse E $167,500 Ardent Title Co Llc
Netz Jesse E $167,500 --
Sundance Investments Llc -- --
Steele John E Kim M $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Melissa M $145,350
Previous Owner Netz Jesse E $166,185
Previous Owner Netz Jesse E $166,185
Closed Frontera Gina R --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $153,000 -3.2% $118 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $158,000 0.0% $122 / Sq Ft
10/11/2019 10/11/19 Rented $1,250 0.0% --
10/08/2019 10/08/19 Under Contract -- -- --
09/09/2019 09/09/19 For Rent $1,250 0.0% --
08/04/2018 08/04/18 Rented $1,250 0.0% --
07/26/2018 07/26/18 Under Contract -- -- --
06/22/2018 06/22/18 For Rent $1,250 0.0% --
04/01/2017 04/01/17 Rented $1,250 0.0% --
03/27/2017 03/27/17 Under Contract -- -- --
02/06/2017 02/06/17 For Rent $1,250 +2.0% --
03/31/2016 03/31/16 Rented $1,225 -2.0% --
03/31/2016 03/31/16 Under Contract -- -- --
10/10/2015 10/10/15 For Rent $1,250 -- --
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 $2,505 $155,867 $0 $0
2024 $2,017 $136,800 $40,000 $96,800
2023 $1,662 $135,733 $0 $0
2022 $2,373 $134,667 $0 $0
2021 $2,325 $133,600 $40,000 $93,600
2020 $2,346 $131,133 $0 $0
2019 $2,302 $128,667 $0 $0
2018 $2,258 $126,200 $40,000 $86,200
2017 $2,132 $126,200 $0 $0
2016 $2,151 $126,200 $0 $0
2015 $2,151 $127,400 $0 $0
2014 $2,182 $127,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC170140

Bright MLS

APN: 03-099660