NOT LISTED FOR SALE

2 Nichols Way Elkton, MD 21921

Estimated Value: $562,000 - $653,000

4 Beds
4 Baths
2,576 Sq Ft
$232/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $315,000 $122 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,616/month

17 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Upgraded Countertops
  • Colonial Architecture
  • No HOA
  • Breakfast Area or Nook

About This Home

As of October 2016

Colonial on 2 acres with 4 br. 2 full bathrooms, 2 half baths, kitchen remodeled in 2015, bathroom enlarged with Jacuzzi, separate shower and double sinks. Full basement. Deck overlooking pond and in ground pool. Full basement and 2 car garage.

Last Agent to Sell the Property

Helen Boyer

Patterson-Schwartz-Newark Listed on: 07/25/2016

Patterson-Schwartz-Newark

Last Buyer's Agent

Donna M Mitchell

EXIT Preferred Realty License #532574

EXIT Preferred Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,019

Year Built

  • Built in 1992

Lot Details

  • 2 Acre Lot
  • Property is zoned RR

Home Design

  • Colonial Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Window Screens
  • Sliding Doors
  • Family Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Parking

  • Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • Cooling System Utilizes Bottled Gas
  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Ponds Edge Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 1
  • Assessor Parcel Number 0804027272

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,019

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1992
  • Remarks Public: Colonial on 2 acres with 4 br. 2 full bathrooms, 2 half baths, kitchen remodeled in 2015, bathroom enlarged with Jacuzzi, separate shower and double sinks. Full basement. Deck overlooking pond and in ground pool. Full basement and 2 car garage.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Oven/Range - Electric, Refrigerator, Water Heater
  • Interior Amenities: Breakfast Area, Dining Area, Primary Bath(s), Upgraded Countertops
  • Window Features: Screens
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Laundry
  • Basement: Yes
  • Basement Type: Outside Entrance, Sump Pump, Full
  • Living Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway, Paved Driveway
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Central
  • 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

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • School District Key: 121139799812

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 154600.00
  • Land Assessed Value: 119200.00
  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Year Assessed: 2016
  • Zoning: RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4458973
  • Tax Annual Amount: 3019.19
  • Assessor Parcel Number: 0804027272
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 2576
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 10/07/2016

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2016
Closed on
Oct 7, 2016
Sold by
Wright Ronald Barry and Wright Lorretta A
Bought by
Wade Sean and Mitchell Wade Hope
Seller's Agent
Helen Boyer
Patterson-Schwartz-Newark
Buyer's Agent
Donna M Mitchell
EXIT Preferred Realty
List Price
$319,900
Sold Price
$315,000
Premium/Discount to List
-$4,900
-1.53%
Current Estimated Value
$598,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,514
Avg. Annual Appreciation
7.48%
Original Mortgage
$252,000
Outstanding Balance
$202,440
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$396,074

Purchase Details

Closed on
Nov 13, 1996
Sold by
Dunn Dennis D and Dunn Andrea D
Bought by
Wright Ronald Barry and Wright Lorretta A

Purchase Details

Closed on
May 18, 1992
Sold by
Nichols Stephen J and Nichols Charlene R
Bought by
Dunn Dennis D and Dunn Andrea D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.64%

Purchase Details

Closed on
Apr 14, 1988
Sold by
Brady William H and Brady Deborah J
Bought by
Nichols Stephen J and Nichols Charlene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
10.19%
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
Wade Sean $315,000 Kirsh Title Services Inc
Wright Ronald Barry $200,000 --
Dunn Dennis D $54,000 --
Nichols Stephen J $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wade Sean $252,000
Previous Owner Wright Ronald Barry $205,000
Previous Owner Wright Ronald Barry $100,000
Previous Owner Wright Ronald Barry $152,577
Previous Owner Wright Ronald Barry $96,000
Previous Owner Dunn Dennis D $50,000
Previous Owner Nichols Stephen J $95,000
Closed Wright Ronald Barry --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2016 10/07/16 Sold $315,000 -1.5% $122 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $319,900 +1.6% $124 / Sq Ft
07/29/2016 07/29/16 Off Market $315,000 -- --
07/25/2016 07/25/16 For Sale $319,900 -- $124 / 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 $4,345 $391,500 $102,800 $288,700
2024 $3,750 $371,933 $0 $0
2023 $3,252 $352,367 $0 $0
2022 $3,808 $332,800 $102,800 $230,000
2021 $3,732 $321,733 $0 $0
2020 $3,643 $310,667 $0 $0
2019 $3,516 $299,600 $102,800 $196,800
2018 $3,416 $291,000 $0 $0
2017 $3,317 $282,400 $0 $0
2016 $3,079 $273,800 $0 $0
2015 $3,079 $273,800 $0 $0
2014 $2,941 $273,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001672709

Bright MLS

APN: 04-027272