NOT LISTED FOR SALE

24 Chatham Ln Elkton, MD 21921

Estimated Value: $175,000 - $272,000

2 Beds
1 Bath
888 Sq Ft
$259/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $80,000 $90 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,341/month

Highlights

  • 1.57 Acre Lot
  • No HOA
  • Shed
  • Rambler Architecture
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of April 2019

2 BEDROOM, 1 FULL BATH RANCH ON 1.57 ACRES. CRAWL SPACE. LARGE SHED WITH GARAGE DOOR AND REGULAR SHED. PUBLIC SEWER, WELL. SOLD STRICTLY AS-IS. CASH/203K RENOVATION LOAN

Last Agent to Sell the Property

Tinamarie Reamy

(443) 309-1722 Tinamariereamy@gmail.com Coldwell Banker Chesapeake Real Estate License #535043 Listed on: 08/30/2018

Coldwell Banker Chesapeake Real Estate

Last Buyer's Agent

Dennis Bolen

(410) 515-2000 dbolen@CBMove.com Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,483

Year Built

  • Built in 1950

Lot Details

  • 1.57 Acre Lot
  • Property is zoned DR

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture

Interior Spaces

  • 888 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Charlestown Elementary School
  • Perryville Middle School
  • Perryville High School

Utilities

  • Electric Baseboard Heater
  • 200+ Amp Service
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0805058511

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,483

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Table Space
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 888
  • Living Area Sq Ft: 888
  • Price Per Sq Ft: 100.23
  • Above Grade Finished Sq Ft: 888
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed, Storage Barn/Shed
  • Construction Materials: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School: CHARLESTOWN
  • High School: PERRYVILLE
  • Middle Or Junior School: PERRYVILLE

Lot Info

  • Improvement Assessed Value: 47200.00
  • Land Assessed Value: 77400.00
  • Lot Size Acres: 1.57
  • Lot Size Area: 68389
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 68389.00
  • Zoning: DR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4465203
  • Tax Annual Amount: 1483.27
  • Assessor Parcel Number: 0805058511
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Apr 19, 2019
Sold by
Hollermann Wanda Sue and Estate Of Bonnie Sue Wright
Bought by
Norman Marcus
Seller's Agent
Tinamarie Reamy
Coldwell Banker Chesapeake Real Estate
Buyer's Agent
Dennis Bolen
Coldwell Banker Realty
List Price
$120,000
Sold Price
$80,000
Premium/Discount to List
-$40,000
-33.33%
Current Estimated Value
$230,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,432
Avg. Annual Appreciation
17.59%
Original Mortgage
$77,600
Outstanding Balance
$68,085
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$162,347

Purchase Details

Closed on
Feb 2, 2015
Sold by
Wright Bonnie Sue and Wright Tina Marie
Bought by
Wright Bonnie Sue and Wright Tina Marie

Purchase Details

Closed on
Oct 26, 2012
Sold by
Wright Fred A
Bought by
Neall Carol and Wright Fred A

Purchase Details

Closed on
Oct 26, 2011
Sold by
Wright Fred A
Bought by
Wright Ricky L

Purchase Details

Closed on
Sep 29, 2010
Sold by
Wright Fred A and Wright Mae L
Bought by
Wright Ricky L
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
Norman Marcus $80,000 Sage Title Group Llc
Wright Bonnie Sue -- None Available
Neall Carol -- None Available
Wright Ricky L -- None Available
Wright Ricky L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norman Marcus $77,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2019 04/19/19 Sold $80,000 -10.1% $90 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
03/03/2019 03/03/19 Price Changed $89,000 -15.2% $100 / Sq Ft
01/08/2019 01/08/19 Price Changed $105,000 -6.3% $118 / Sq Ft
11/05/2018 11/05/18 Price Changed $112,000 -2.6% $126 / Sq Ft
10/18/2018 10/18/18 Price Changed $115,000 -4.2% $130 / Sq Ft
10/06/2018 10/06/18 For Sale $120,000 +50.0% $135 / Sq Ft
09/28/2018 09/28/18 Off Market $80,000 -- --
09/21/2018 09/21/18 Price Changed $120,000 -7.0% $135 / Sq Ft
08/30/2018 08/30/18 For Sale $129,000 -- $145 / 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 $1,549 $141,567 $0 $0
2024 $1,120 $134,333 $0 $0
2023 $704 $127,100 $77,400 $49,700
2022 $1,422 $126,267 $0 $0
2021 $1,394 $125,433 $0 $0
2020 $1,437 $124,600 $77,400 $47,200
2019 $1,437 $124,600 $77,400 $47,200
2018 $1,543 $124,600 $77,400 $47,200
2017 $1,404 $128,600 $0 $0
2016 $1,389 $127,267 $0 $0
2015 $1,389 $125,933 $0 $0
2014 $1,457 $124,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002346160

Bright MLS

APN: 05-058511