NOT LISTED FOR SALE

12707 Loretto Rd Princess Anne, MD 21853

Estimated Value: $294,290 - $355,000

3 Beds
2 Baths
1,248 Sq Ft
$262/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $179,900 $144 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,953/month

87 Days on Market

Highlights

  • 2.8 Acre Lot
  • Rambler Architecture
  • No HOA
  • Deck
  • Main Floor Bedroom
  • 1 Car Attached Garage

About This Home

As of August 2018

If private country setting is what you are seeking, here it is! 3BR, 2BA. With a Master suite. Gorgeous maple cabinetry with stainless steel appliances. A attic floor for storage with lighting. Also attic storage above Garage & a shed. Fenced yard with plenty of sunshine to grow a garden. Sun and Moon rise in back along with great southern exposure in the winter and shaded in summer. Best well water on the Eastern Shore. No traffic although 2 miles off RT 13. 30 minutes from Chincoteague and 50 min from OC. Only 15 minutes from Shopping in Salisbury. 1 mile from UMES driving range open to public. There's a boat ramp 5 miles away giving access to the Tangier Sounds best fishing and crabbing. And if you like to hunt the remaining 2 acres are full of turkey and deer.

Last Agent to Sell the Property

Holly Worthington

Worthington Realty Group, LLC License #0225265879 Listed on: 05/04/2018

Last Buyer's Agent

Austin Whitehead

Whitehead Real Estate Exec. License #RS-0024325

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,288

Year Built

  • Built in 2006

Lot Details

  • 2.8 Acre Lot
  • Cleared Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Living Room
  • Dining Room
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Greenwood Elementary School
  • Washington Academy And High School

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Additional Features

  • More Than Two Accessible Exits
  • Deck

Community Details

  • No Home Owners Association
  • Complex Is Fenced

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 15-002964

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,288

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2006
  • Remarks Public: If private country setting is what you are seeking, here it is! 3BR, 2BA. With a Master suite. Gorgeous maple cabinetry with stainless steel appliances. A attic floor for storage with lighting. Also attic storage above Garage & a shed. Fenced yard with plenty of sunshine to grow a garden. Sun and Moon rise in back along with great southern exposure in the winter and shaded in summer. Best well water on the Eastern Shore. No traffic although 2 miles off RT 13. 30 minutes from Chincoteague and 50 min from OC. Only 15 minutes from Shopping in Salisbury. 1 mile from UMES driving range open to public. There's a boat ramp 5 miles away giving access to the Tangier Sounds best fishing and crabbing. And if you like to hunt the remaining 2 acres are full of turkey and deer.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Insulated, Screens
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1248
  • Living Area Sq Ft: 1248
  • Price Per Sq Ft: 144.15
  • Above Grade Finished Sq Ft: 1248
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12707

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: Vinyl Siding
  • Construction Completed: No
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Private/Community Water

Condo/Co-op/Association

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

Schools

  • School District: SOMERSET COUNTY PUBLIC SCHOOLS
  • Elementary School: GREENWOOD
  • High School: WASHINGTON ACADEMY AND
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 121138759568
  • School District Source: Listing Agent
  • Elementary School: GREENWOOD
  • High School: WASHINGTON ACADEMY AND

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 2.80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 121968.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2017
  • Zoning: A
  • Zoning Description: A
  • In City Limits: No

Building Info

  • Building Features: Fencing

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12572528
  • Tax Annual Amount: 1288.00
  • Assessor Parcel Number: 15-002964
  • Tax Lot: 50
  • Tax Total Finished Sq Ft: 1248
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 08/29/2018

MLS Schools

  • School District Name: SOMERSET COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Aug 29, 2018
Sold by
Layman Christopher and Layman Mary
Bought by
Rudman Aaron K
Seller's Agent
Holly Worthington
Worthington Realty Group, LLC
Buyer's Agent
Austin Whitehead
Whitehead Real Estate Exec.
List Price
$184,900
Sold Price
$179,900
Premium/Discount to List
-$5,000
-2.7%
Current Estimated Value
$327,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,423
Avg. Annual Appreciation
8.69%
Original Mortgage
$181,717
Outstanding Balance
$160,084
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$162,206

Purchase Details

Closed on
Jun 28, 2006
Sold by
J & F Contractors Llc
Bought by
Layman Christopher and Layman Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,900
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2006
Sold by
J & F Contractors Llc
Bought by
Layman Christopher and Layman Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,900
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2005
Sold by
Gray Properties Llc
Bought by
J & F Contractors Llc

Purchase Details

Closed on
Sep 21, 2005
Sold by
Lee Rogers Kenneth A and Lee Nancy
Bought by
Gray Properties Llc

Purchase Details

Closed on
Jan 21, 2005
Sold by
Elzey Alice Heirs
Bought by
Lee Rogers Kenneth A and Lee Nancy
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
Rudman Aaron K $179,900 Delmarva Titleco
Layman Christopher $189,900 --
Layman Christopher $189,900 --
J & F Contractors Llc $60,000 --
Gray Properties Llc $41,500 --
Lee Rogers Kenneth A $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rudman Aaron K $181,717
Previous Owner Layman Christopher $143,100
Previous Owner Layman Christopher $153,000
Previous Owner Layman Christopher $149,900
Previous Owner Layman Christopher $149,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2018 08/29/18 Sold $179,900 0.0% $144 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
06/27/2018 06/27/18 Price Changed $179,900 -2.7% $144 / Sq Ft
05/03/2018 05/03/18 For Sale $184,900 -- $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
2024 $2,026 $210,333 $0 $0
2023 $1,857 $174,900 $35,600 $139,300
2022 $1,704 $154,600 $0 $0
2021 $3,408 $134,300 $0 $0
2020 $1,438 $114,000 $31,600 $82,400
2019 $1,353 $114,000 $31,600 $82,400
2018 $1,296 $114,000 $31,600 $82,400
2017 $1,445 $115,800 $0 $0
2016 $1,262 $114,667 $0 $0
2015 $1,262 $113,533 $0 $0
2014 $766 $112,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001562968

Bright MLS

APN: 15-002964