NOT LISTED FOR SALE

188 Lance Ct Elkton, MD 21921

Estimated Value: $531,821 - $580,000

4 Beds
2.5 Baths
2,369 Sq Ft
$234/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $400,000 $169 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,262/month

Highlights

  • Boat Dock
  • Home fronts navigable water
  • View of Trees or Woods
  • Beach
  • Private Water Access
  • 2.15 Acre Lot

About This Home

As of April 2021

Sold before processing, for comp purposes only

Last Agent to Sell the Property

Kristin Lewis

(443) 350-6737 kristinshomes@hotmail.com Integrity Real Estate Listed on: 03/15/2021

Integrity Real Estate

Co-Listed By

Follow My Heels

(410) 920-0053 followmyheels@gmail.com Integrity Real Estate License #RSR003750

Last Buyer's Agent

RHONDA SHIN

(302) 563-1331 rhonda.shin@foxroach.com BHHS Fox & Roach - Hockessin License #680222

BHHS Fox & Roach - Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,679

Year Built

  • Built in 1993

Lot Details

  • 2.15 Acre Lot
  • Home fronts navigable water
  • Property is in excellent condition
  • Property is zoned LDR

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Property Views

  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,369 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Improved Basement
  • Connecting Stairway

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Private Water Access
  • River Nearby

Schools

  • Elk Neck Elementary School
  • North East Middle School
  • North East High School

Utilities

  • Central Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Well
  • Propane Water Heater
  • Gravity Septic Field

Listing and Financial Details

  • Tax Lot 20G
  • Assessor Parcel Number 0805095905

Community Details

Overview

  • Association fees include common area maintenance, pier/dock maintenance
  • Pembrey Subdivision

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Boat Dock
  • Pier or Dock
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,679

Year Built

Built in 1993

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: alarm system, ceiling fan(s), clothes washer, clothes dryer, dishwasher, drapery/curtain rods, exhaust fan, existing wall to wall carpet, garage door opener, refrigerator(s), screens, shades/blinds, stove/range, water treatment
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Improved
  • Total Sq Ft: 2369
  • Living Area Sq Ft: 2369
  • Price Per Sq Ft: 176.87
  • Above Grade Finished Sq Ft: 2369
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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: Vinyl Siding
  • Roof: Shingle
  • View: Trees/Woods, Garden/Lawn
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 275.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Dock/Slip, Common Grounds, Pier/Dock, Picnic Area
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: ELK NECK
  • High School: NORTH EAST
  • Middle Or Junior School: NORTH EAST

Lot Info

  • Improvement Assessed Value: 165600.00
  • Land Assessed Value: 148200.00
  • Lot Size Acres: 2.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 93654.00
  • Property Condition: Excellent
  • Zoning: LDR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4467683
  • Tax Annual Amount: 3679.00
  • Assessor Parcel Number: 0805095905
  • Tax Lot: 20G
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Apr 23, 2021
Sold by
Gorman Daniel M and Gorman Dale M
Bought by
Bennett Jeffrey Day
Seller's Agent
Kristin Lewis
Integrity Real Estate
Buyer's Agent
RHONDA SHIN
BHHS Fox & Roach - Hockessin
List Price
$419,000
Sold Price
$400,000
Premium/Discount to List
-$19,000
-4.53%
Current Estimated Value
$553,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,205
Avg. Annual Appreciation
7.44%
Original Mortgage
$300,000
Outstanding Balance
$271,296
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$281,909

Purchase Details

Closed on
Jan 3, 1992
Sold by
Pembrey Partnership
Bought by
Gorman Daniel M and Gorman Dale M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
8.24%
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
Bennett Jeffrey Day $400,000 Kirsh Title Services Inc
Gorman Daniel M $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Jeffrey Day $300,000
Previous Owner Gorman Daniel M $59,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $400,000 -4.5% $169 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $419,000 -- $177 / 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 $4,117 $375,600 $0 $0
2024 $3,605 $355,900 $0 $0
2023 $3,073 $336,200 $148,200 $188,000
2022 $3,763 $328,733 $0 $0
2021 $3,687 $321,267 $0 $0
2020 $3,679 $313,800 $148,200 $165,600
2019 $3,619 $313,800 $148,200 $165,600
2018 $3,679 $313,800 $148,200 $165,600
2017 $3,528 $317,500 $0 $0
2016 $3,490 $314,267 $0 $0
2015 $3,490 $311,033 $0 $0
2014 $3,784 $307,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC173356

Bright MLS

APN: 05-095905