NOT LISTED FOR SALE

16 Terrace Rd Essex, MD 21221

Estimated Value: $207,000 - $274,509

3 Beds
2 Baths
1,128 Sq Ft
$221/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $130,950 $116 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,459/month

112 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Workshop
  • Traditional Floor Plan
  • Sun or Florida Room
  • No HOA

About This Home

As of March 2018

Great location and property with size and many extras. If you're handy this place is for you! The property is dated but in really good usable shape. Very little work to be done to potentially pass FHA financing. Home is to be sold strictly "As Is" and shouldn't last long. Super potential with existing woodwork, trim and wood flooring!

Last Agent to Sell the Property

Luke Reeder

RE/MAX Advantage Realty License #625355 Listed on: 10/07/2017

Last Buyer's Agent

David Kidd

Core Maryland Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,881

Year Built

  • Built in 1942

Lot Details

  • 6,090 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Combination Foundation
  • Plaster Walls
  • Wood Walls
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Shingle Siding
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Vinyl Clad Windows
  • Insulated Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Game Room
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Connecting Stairway
  • Rear Basement Entry
  • Shelving
  • Workshop
  • Basement Windows

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Essex Elementary School
  • Stemmers Run Middle School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Eastern Terrace Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 04151513201990

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,881

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1942
  • Remarks Public: Great location and property with size and many extras. If you're handy this place is for you! The property is dated but in really good usable shape. Very little work to be done to potentially pass FHA financing. Home is to be sold strictly "As Is" and shouldn't last long. Super potential with existing woodwork, trim and wood flooring!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dryer, Refrigerator, Stove, Washer, Water Heater
  • Interior Amenities: Kitchen - Galley, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Window Features: Insulated, Vinyl Clad
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls, Dry Wall, Wood Walls
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Game Room, Bedroom 1, Sun/Florida Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Combination, Daylight, Partial, Improved, Partially Finished, Shelving, Windows, Workshop
  • Living Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Frame, Metal Siding, Shingle Siding, Vinyl Siding, Wood Siding
  • Exterior Features: Sidewalks
  • Pool Private: No
  • Roof: Asphalt
  • 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
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Oil, Natural Gas
  • Heating Type: Radiator
  • 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

Schools

  • School District: BALTIMORE COUNTY PUBLIC SCHOOLS
  • Elementary School: ESSEX
  • Middle School: STEMMERS RUN
  • School District Key: 121140087473
  • Elementary School: ESSEX
  • Middle Or Junior School: STEMMERS RUN

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 78500.00
  • Land Assessed Value: 54000.00
  • Lot Size Acres: 0.14
  • Lot Size Area: 6090
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6090.00
  • Outdoor Living Structures: Screened, Enclosed, Patio(s)
  • Property Attached Yn: No
  • Year Assessed: 2017

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11902964
  • Tax Annual Amount: 2881.36
  • Assessor Parcel Number: 04151513201990
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 1128
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 03/16/2018

MLS Schools

  • School District Name: BALTIMORE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2017
Closed on
Mar 16, 2018
Sold by
May James W
Bought by
Givaonani Heather
Seller's Agent
Luke Reeder
RE/MAX Advantage Realty
Buyer's Agent
David Kidd
Core Maryland Real Estate LLC
List Price
$139,000
Sold Price
$130,950
Premium/Discount to List
-$8,050
-5.79%
Current Estimated Value
$248,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,927
Avg. Annual Appreciation
8.56%
Original Mortgage
$117,855
Outstanding Balance
$101,648
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$139,861

Purchase Details

Closed on
Feb 17, 2005
Sold by
May James W
Bought by
May James W
Source: Public Records

Range of Values:

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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
Givaonani Heather $130,950 None Available
May James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Givaonani Heather $117,855
Closed Givaonani Heather $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2018 03/16/18 Sold $130,950 -5.8% $116 / Sq Ft
01/27/2018 01/27/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $139,000 0.0% $123 / Sq Ft
11/18/2017 11/18/17 Pending -- -- --
11/07/2017 11/07/17 Price Changed $139,000 -6.7% $123 / Sq Ft
10/25/2017 10/25/17 Price Changed $149,000 -0.6% $132 / Sq Ft
10/07/2017 10/07/17 For Sale $149,900 -- $133 / 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 $1,230 $178,633 -- --
2024 $1,230 $166,267 $0 $0
2023 $1,356 $153,900 $54,000 $99,900
2022 $2,589 $147,467 $0 $0
2021 $2,648 $141,033 $0 $0
2020 $2,174 $134,600 $54,000 $80,600
2019 $1,623 $133,900 $0 $0
2018 $2,090 $133,200 $0 $0
2017 $2,867 $132,500 $0 $0
2016 -- $130,333 $0 $0
2015 -- $128,167 $0 $0
2014 -- $126,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001414669

Bright MLS

APN: 15-1513201990