NOT LISTED FOR SALE

240 Independence Dr Elkton, MD 21921

Elkton Area

Estimated Value: $387,629

4 Beds
2.5 Baths
2,040 Sq Ft
$190/Sq Ft Est. Value

Sale Details

Date Sold: July 28, 2023

Last sale price $320,000 $157 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,511 / mo

8 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1 Car Attached Garage
  • Deck
  • Eat-In Country Kitchen
  • Living Room

About This Home

As of July 2023

This property presents a fantastic investment opportunity for those willing to give it some tender loving care. With a fenced backyard, this home offers privacy and security for you and your loved ones. Located just minutes away from Newark, I-95, and Elkton, this residence enjoys convenient access to major transportation routes.

While the property requires some TLC, it holds immense potential for investors looking to add value and transform it into a desirable living space. With your personal touch and renovations, this property can be turned into a charming home that meets your unique vision.

Don't miss out on this chance to create a valuable investment in a great location. Seize this opportunity and schedule a viewing today!

Last Agent to Sell the Property

Dustin Oldfather

(410) 849-7055 holly@compass.com Compass License #647315 Listed on: 06/16/2023

Compass

Co-Listed By

Samantha Jackson

(302) 360-0300 sjackson637@gmail.com Keller Williams Realty License #5011535

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,945

Year Built

  • Built in 2002

Lot Details

  • 10,499 Sq Ft Lot
  • Back Yard Fenced
  • Property is zoned R3

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Country Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Sump Pump

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Washington Woods Subdivision

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 0803107779

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,945

Year Built

Built in 2002

Lot Details

10,499 Sq Ft Lot

HOA Fees

$11 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 2023-06-16
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Microwave, Oven/Range - Electric, Range Hood
  • Interior Amenities: Kitchen - Country, Kitchen - Table Space, Dining Area, Primary Bath(s), Wood Floors
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Connecting Stairway, Sump Pump, Full
  • Total Sq Ft: 3054
  • Living Area Sq Ft: 2040
  • Price Per Sq Ft: 156.81
  • Above Grade Finished Sq Ft: 2040
  • Below Grade Sq Ft: 1014
  • Total Below Grade Sq Ft: 1014
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, On Street, 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: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 130.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Rear
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10499.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2944.51
  • Assessor Parcel Number: 0803107779
  • Tax Lot: 43
  • County Tax Payment Frequency: Annually
  • Tax Year: 2005

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 18, 2023
Sold by
Bought by
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Dustin Oldfather
Compass
List Price
$319,900
Sold Price
$320,000
Premium/Discount to List
$100
0.03%
Views
196
Current Estimated Value
$387,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,629
Avg. Annual Appreciation
6.47%
Original Mortgage
$272,000
Outstanding Balance
$263,060
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$124,569

Purchase Details

Closed on
Dec 1, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,656
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2006
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$320,000 Key Title
$290,000 --
$280,000 --
$189,000 --
$173,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $272,000
Previous Owner $303,738
Previous Owner $276,656
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $320,000 0.0% $157 / Sq Ft
06/16/2023 06/16/23 For Sale $319,900 -- $157 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,431 $283,600 $0 $0
2025 $4,431 $256,100 $0 $0
2024 $3,605 $228,600 $61,700 $166,900
2023 $3,242 $226,533 $0 $0
2022 $3,955 $224,467 $0 $0
2021 $3,875 $222,400 $61,700 $160,700
2020 $3,913 $218,733 $0 $0
2019 $3,847 $215,067 $0 $0
2018 $3,782 $211,400 $71,700 $139,700
2017 $3,659 $204,500 $0 $0
2016 $3,220 $197,600 $0 $0
2015 $3,220 $190,700 $0 $0
2014 $3,122 $190,700 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: MDCC2009296

Bright MLS

APN: 03-107779

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