NOT LISTED FOR SALE

222 Magnolia Dr Elkton, MD 21921

Estimated Value: $467,000 - $581,000

4 Beds
4 Baths
3,331 Sq Ft
$157/Sq Ft Est. Value

Last Sold January 23, 2015

Last sale price $294,000 $88 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,804/month

Highlights

  • Colonial Architecture
  • Den
  • 2 Car Attached Garage
  • 1 Fireplace
  • Breakfast Room
  • Living Room

About This Home

As of January 2015

This house is owned by the Secretary of Veterans Affairs. There are no warranties implied or written. The house is sold in AS Is condition. Stunning home!! Amazing opportunity to own this gorgeous home at a great price! Shows like a model and offers Neutral decor, Hardwood floors throughout all 1st level, office, family rm w/gas fp, large sunroom, spacious kitchen w/granite, Stainless steel applia

Last Agent to Sell the Property

Richard Marcus

(302) 275-4600 rimlmm123@gmail.com Partners Realty LLC License #RB-0002005 Listed on: 08/12/2014

Last Buyer's Agent

Charlotte Lowe

(410) 398-0660 charlotte@mris.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,960

Year Built

  • Built in 2009

Lot Details

  • 0.34 Acre Lot
  • Property is zoned R4

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,331 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry

Utilities

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

Community Details

  • Ridgely Forest Subdivision

Listing and Financial Details

  • Tax Lot 188
  • Assessor Parcel Number 0805131812

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,960

Year Built

Built in 2009

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2009
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Breakfast Room, Bedroom 1, Study
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Full, Unfinished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 3331
  • Living Area Sq Ft: 3331
  • Price Per Sq Ft: 84.06
  • Above Grade Finished Sq Ft: 3331
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • 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
  • Parking Features: Garage
  • Parking Space Number Assigned: 2
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

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

  • HOA Fees: 31.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 283400.00
  • Land Assessed Value: 93200.00
  • Lot Size Acres: 0.34
  • Lot Size Area: 14645
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14645.00
  • Zoning: R4
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4871933
  • Tax Annual Amount: 5960.45
  • Assessor Parcel Number: 0805131812
  • Tax Lot: 188
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2014
Closed on
Jan 13, 2015
Sold by
The Secretary Of Veterans Affairs
Bought by
Hooks Latonya
Seller's Agent
Richard Marcus
Partners Realty LLC
Buyer's Agent
Charlotte Lowe
Long & Foster Real Estate, Inc.
List Price
$290,000
Sold Price
$294,000
Premium/Discount to List
$4,000
1.38%
Current Estimated Value
$521,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,869
Avg. Annual Appreciation
5.47%
Original Mortgage
$300,321
Interest Rate
3.84%
Mortgage Type
VA

Purchase Details

Closed on
May 12, 2014
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Feb 15, 2014
Sold by
Smith Troy O and Smith Ellen I
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 16, 2009
Sold by
Nvr Inc
Bought by
Smith Troy O and Smith Ellen I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,900
Interest Rate
5.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2009
Sold by
Nvr Inc
Bought by
Smith Troy O and Smith Ellen I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,900
Interest Rate
5.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2008
Sold by
Ct Ridgely Forest Business Trust
Bought by
Nvr Inc

Purchase Details

Closed on
Sep 2, 2008
Sold by
Ct Ridgely Forest Business Trust
Bought by
Nvr Inc
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
Hooks Latonya $294,000 Pinnacle Title
The Secretary Of Veterans Affairs $369,139 First American Title Ins Co
Wells Fargo Bank Na $369,139 None Available
Smith Troy O $422,601 --
Smith Troy O $422,601 --
Nvr Inc $123,325 --
Nvr Inc $123,325 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hooks Latonya $300,321
Previous Owner Smith Troy O $380,900
Previous Owner Smith Troy O $380,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2015 01/23/15 Sold $294,000 +5.0% $88 / Sq Ft
12/26/2014 12/26/14 Pending -- -- --
12/18/2014 12/18/14 Price Changed $280,000 -3.4% $84 / Sq Ft
12/18/2014 12/18/14 For Sale $290,000 0.0% $87 / Sq Ft
09/23/2014 09/23/14 Pending -- -- --
09/17/2014 09/17/14 Price Changed $290,000 -3.3% $87 / Sq Ft
08/12/2014 08/12/14 For Sale $300,000 -- $90 / 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 $335 $397,633 $0 $0
2024 $322 $376,967 $0 $0
2023 $309 $356,300 $92,000 $264,300
2022 $273 $353,133 $0 $0
2021 $268 $349,967 $0 $0
2020 $212 $346,800 $92,000 $254,800
2019 $206 $346,800 $92,000 $254,800
2018 $5,865 $346,800 $92,000 $254,800
2017 $5,876 $347,800 $0 $0
2016 $6,171 $347,800 $0 $0
2015 $6,171 $380,600 $0 $0
2014 $6,792 $376,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003158192

Bright MLS

APN: 05-131812