NOT LISTED FOR SALE

131 Horseshoe Cir Warwick, MD 21912

Estimated Value: $505,000 - $530,000

3 Beds
2.5 Baths
2,000 Sq Ft
$257/Sq Ft Est. Value

Last Sold July 25, 2025

Last sale price $500,000 $250 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,039/month

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Brick Front
  • Ceiling Fan

About This Home

As of July 2025

Discover the charm and potential of this 3-bedroom, 2.5-bath home nestled on a peaceful parcel in Warwick, Maryland. Perfect for horse lovers—offering space to make your equestrian dreams a reality. While the home is in need of a little TLC, it offers a unique opportunity to add your personal touch and build equity. Surrounded by nature and tranquility, this property provides a welcome retreat from the hustle of daily life. 3 Spacious Bedrooms | 2.5 Baths Roof (2011) | HVAC (2014) | Water Conditioner (2024)
Sold As-Is, Where-Is. Minutes to Delaware.

Last Agent to Sell the Property

Tinamarie Reamy

(443) 309-1722 Tinamariereamy@gmail.com Coldwell Banker Chesapeake Real Estate License #535043 Listed on: 07/08/2025

Coldwell Banker Chesapeake Real Estate

Last Buyer's Agent

Brittany Lombardi

(302) 766-0455 brittanylombardi33@gmail.com Coldwell Banker Chesapeake Real Estate License #RSR004716

Coldwell Banker Chesapeake Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,831

Year Built

  • Built in 1998

Lot Details

  • 5.14 Acre Lot
  • Property is zoned RR

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Cecilton Elementary School
  • Bohemia Manor Middle School
  • Bohemia Manor High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bridle Run Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 0802038005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,831

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 250.00
  • Above Grade Finished Sq Ft: 2000
  • Below Grade Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: CECILTON
  • High School: BOHEMIA MANOR
  • Middle Or Junior School: BOHEMIA MANOR

Lot Info

  • Lot Size Acres: 5.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 223898.00
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3831.00
  • Assessor Parcel Number: 0802038005
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2025
Closed on
Jul 25, 2025
Sold by
Kratzer Dean Wallace and Kratzer Tara L
Bought by
Weir Pennie Diane
Seller's Agent
Tinamarie Reamy
Coldwell Banker Chesapeake Real Estate
Buyer's Agent
Brittany Lombardi
Coldwell Banker Chesapeake Real Estate
List Price
$500,000
Sold Price
$500,000
Views
7
Current Estimated Value
$513,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,870
Avg. Annual Appreciation
8.13%
Original Mortgage
$350,000
Outstanding Balance
$349,406
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$164,464

Purchase Details

Closed on
Oct 26, 1998
Sold by
Liborio Iii Ltd
Bought by
Kratzer Dean W
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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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
Weir Pennie Diane $500,000 Terrain Title
Weir Pennie Diane $500,000 Terrain Title
Kratzer Dean W $183,730 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weir Pennie Diane $350,000
Closed Weir Pennie Diane $350,000
Closed Kratzer Dean W --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2025 07/25/25 Sold $500,000 0.0% $250 / Sq Ft
07/08/2025 07/08/25 Pending -- -- --
07/08/2025 07/08/25 For Sale $500,000 -- $250 / 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 $3,999 $373,500 $0 $0
2024 $3,481 $344,600 $172,200 $172,400
2023 $3,074 $336,300 $0 $0
2022 $3,754 $328,000 $0 $0
2021 $3,679 $319,700 $172,200 $147,500
2020 $3,689 $314,633 $0 $0
2019 $3,630 $309,567 $0 $0
2018 $3,572 $304,500 $190,500 $114,000
2017 $3,572 $304,500 $0 $0
2016 $3,441 $304,500 $0 $0
2015 $3,441 $306,600 $0 $0
2014 $3,349 $306,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC2018202

Bright MLS

APN: 02-038005