NOT LISTED FOR SALE

223 Rhett Ln Elkton, MD 21921

Estimated Value: $380,000 - $415,000

4 Beds
2.5 Baths
2,172 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $345,000 $159 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,354/month

43 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of August 2024

4 bedroom, 2 1/2 bath Colonial with 2 car garage in popular Tara next to Glen Farms, convenient to the University of Delaware, shopping and dining yet tucked away on a private, wooded half acre lot! Beautiful double door entry, spacious living room, family room with brick hearth wood burning fireplace and slider leading to the yard. Spacious eat-in kitchen with lots of cabinet space. Convenient first floor laundry. Needs TLC, but a similar house on Rhett Lane just sold for $420,000. Being sold as is to settle an estate.

Last Agent to Sell the Property

Norman Wehner

(443) 553-2206 norm@rtarealty.com Real-Trust-Associates, LLC. Listed on: 06/13/2024

Co-Listed By

Lisa Wehner

(410) 287-1260 lisa@rtarealty.com Real-Trust-Associates, LLC. License #516313

Last Buyer's Agent

Nikolina Novakovic

(302) 598-3661 nikolina@c21gk.com Century 21 Gold Key Realty License #666524

Century 21 Gold Key Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,870

Year Built

  • Built in 1977

Lot Details

  • 0.56 Acre Lot
  • Property is zoned LDR

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on main level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Tara Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 0804023730

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,870

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3456
  • Living Area Sq Ft: 2172
  • Price Per Sq Ft: 165.75
  • Above Grade Finished Sq Ft: 2172
  • Below Grade Sq Ft: 1284
  • Total Below Grade Sq Ft: 1284
  • 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: Frame
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.56
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24393.00
  • Zoning: LDR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2870.00
  • Assessor Parcel Number: 0804023730
  • Tax Lot: 17
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Aug 30, 2024
Sold by
Kress Peter E and Mattson Mazie
Bought by
Ayers Judy A and Harrup Mark R
Seller's Agent
Norman Wehner
Real-Trust-Associates, LLC.
Buyer's Agent
Nikolina Novakovic
Century 21 Gold Key Realty
List Price
$360,000
Sold Price
$345,000
Premium/Discount to List
-$15,000
-4.17%
Views
159
Current Estimated Value
$400,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,312
Avg. Annual Appreciation
12.42%
Original Mortgage
$276,000
Outstanding Balance
$272,897
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$127,415

Purchase Details

Closed on
Oct 23, 1979
Sold by
Versteegen Versteegen H and Versteegen Virginia M
Bought by
Kress Peter Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
11.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ayers Judy A $345,000 Kirsh Title
Ayers Judy A $345,000 Kirsh Title
Kress Peter Edward $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayers Judy A $276,000
Closed Ayers Judy A $276,000
Previous Owner Kress Peter Edward $71,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $345,000 -4.2% $159 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/20/2024 07/20/24 For Sale $360,000 0.0% $166 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $360,000 -- $166 / 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 $2,971 $268,700 $76,600 $192,100
2024 $2,543 $261,567 $0 $0
2023 $2,140 $254,433 $0 $0
2022 $2,815 $247,300 $76,600 $170,700
2021 $2,759 $235,067 $0 $0
2020 $2,600 $222,833 $0 $0
2019 $2,429 $210,600 $76,600 $134,000
2018 $2,430 $208,100 $0 $0
2017 $2,401 $205,600 $0 $0
2016 $2,270 $203,100 $0 $0
2015 $2,270 $203,100 $0 $0
2014 $2,246 $203,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC2013284

Bright MLS

APN: 04-023730