NOT LISTED FOR SALE

1506 Nicolay Way Essex, MD 21221

Estimated Value: $189,000 - $204,000

3 Beds
2 Baths
1,152 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 13, 2018

Last sale price $140,000 $122 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,334/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • Dining Area
  • No HOA

About This Home

As of September 2018

Lovely and well-maintained home in Country Ridge. Home features 3 BEDROOMS, 2 FULL BATHROOMS, beautiful wood floors, updated kitchen, new bathroom, tiled floors, screened porch, fully finished basement, 1 car parking pad, lots of storage space, 1500+ sq ft of finished living space, gas furnace, gas stove, gas water heater and lots more!

Last Listed By

Aldo Figueroa

RE/MAX Components Listed on: 08/07/2018

RE/MAX Components

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,891

Year Built

  • Built in 1957

Lot Details

  • 2,070 Sq Ft Lot
  • Two or More Common Walls
  • Ground Rent of $96 per year

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Dining Area

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Rear Basement Entry

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

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

Community Details

  • No Home Owners Association
  • Country Ridge Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 04151516601290

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,891

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Ground Rent
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1957
  • Remarks Public: Lovely and well-maintained home in Country Ridge. Home features 3 BEDROOMS, 2 FULL BATHROOMS, beautiful wood floors, updated kitchen, new bathroom, tiled floors, screened porch, fully finished basement, 1 car parking pad, lots of storage space, 1500+ sq ft of finished living space, gas furnace, gas stove, gas water heater and lots more!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Dining Area
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Outside Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 1506

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street, Off Street

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: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 76400.00
  • Land Assessed Value: 40000.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 2070
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2070.00
  • Year Assessed: 2018

Rental Info

  • Ground Rent Amt: 96.00
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11915994
  • Tax Annual Amount: 1891.26
  • Assessor Parcel Number: 04151516601290
  • Tax Lot: 28
  • Tax Total Finished Sq Ft: 1152
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 09/13/2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2012
Closed on
Oct 12, 2012
Sold by
Chavez Marie T
Bought by
Luna Jeanette Cecilia and Moran Melvin Antonio Luna
Seller's Agent
Kristy League
Cummings & Co. Realtors
Buyer's Agent
Aldo Figueroa
RE/MAX Components
List Price
$109,900
Sold Price
$95,000
Premium/Discount to List
-$14,900
-13.56%
Total Days on Market
7
Current Estimated Value
$198,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,804
Avg. Annual Appreciation
6.07%
Original Mortgage
$93,279
Interest Rate
3.56%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2001
Sold by
Chavez Harry A
Bought by
Chavez Marie T

Purchase Details

Closed on
Jan 27, 1989
Sold by
Poole Leroy A 3Rd
Bought by
Chavez Harry A

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
Luna Jeanette Cecilia $95,000 Marvel Title & Escrow Llc
Chavez Marie T -- --
Chavez Harry A $62,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ware Lamar M $112,000
Previous Owner Luna Jeanette Cecilia $93,279
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2018 09/13/18 Sold $140,000 +0.1% $122 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $139,900 +47.3% $121 / Sq Ft
10/12/2012 10/12/12 Sold $95,000 -4.9% $82 / Sq Ft
07/21/2012 07/21/12 Pending -- -- --
06/19/2012 06/19/12 Price Changed $99,900 -9.1% $87 / Sq Ft
05/17/2012 05/17/12 For Sale $109,900 -- $95 / 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 $2,657 $151,400 $0 $0
2023 $2,918 $138,200 $40,000 $98,200
2022 $2,561 $130,933 $0 $0
2021 $1,411 $123,667 $0 $0
2020 $2,535 $116,400 $40,000 $76,400
2019 $1,375 $113,433 $0 $0
2018 $1,992 $110,467 $0 $0
2017 $1,827 $107,500 $0 $0
2016 -- $105,800 $0 $0
2015 $1,766 $104,100 $0 $0
2014 $1,766 $102,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005971889

Bright MLS

APN: 15-1516601290