R
Seller's Agent in 2021
Robert Medicus
BHHS Fox & Roach
2505 Oldfield Point Rd Elkton, MD 21921
Estimated Value: $371,000 - $507,133
5
Beds
2.5
Baths
3,584
Sq Ft
$120/Sq Ft
Est. Value
Highlights
- 7.35 Acre Lot
- No HOA
- Living Room
- 2 Fireplaces
- 2 Car Detached Garage
- En-Suite Primary Bedroom
About This Home
As of June 2021Way off the road, up a gentle hill, this Italianate-style 19th century homestead awaits its new owner. The house is three full stories with 11 foot ceilings downstairs. Three bedrooms share the second floor, and 2 more are up top on the third. Climb the ladder up to the decked widows walk, then savor the sweeping views of lawns and mature hardwood trees. The Elk River comes into view after the leaves drop. There is a detached two-car garage and springhouse. Solid stone foundation with wine cellar in basement. Over seven acres of quiet beauty that cannot be subdivided. The house needs major work and is to be sold in "as-is" condition. Great location just two minutes south of US RT 40. BRAND NEW SEPTIC SYSTEM ! Please contact agent for details. New owner required to continue annual maintenance contract for BAT tank. " Home inspection report available for review after any showing" Contact listing agent for details.
Last Agent to Sell the Property
Robert Medicus
(302) 368-1621 robert.medicus@foxroach.com BHHS Fox & Roach-Christiana Listed on: 05/05/2020
Last Buyer's Agent
(239) 888-6833 kelly.remaxchesapeake@gmail.com RE/MAX Chesapeake License #SL3586314
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,505
Year Built
- Built in 1800
Lot Details
- 7.35 Acre Lot
- Property is in below average condition
Parking
- 2 Car Detached Garage
- 8 Open Parking Spaces
- Dirt Driveway
Home Design
- Wood Siding
Interior Spaces
- 3,584 Sq Ft Home
- Property has 3 Levels
- 2 Fireplaces
- Family Room
- Living Room
- Basement
- Laundry in Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
Utilities
- Heating System Uses Oil
- Hot Water Heating System
- 150 Amp Service
- Well
- Applied For Permit
Community Details
- No Home Owners Association
- Nondevelope Subdivision
Listing and Financial Details
- Assessor Parcel Number 03-009025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2020
Closed on
Jun 2, 2021
Sold by
Ott Joann
Bought by
Chang Alden and Chang Elina
Seller's Agent
Robert Medicus
BHHS Fox & Roach-Christiana
Buyer's Agent
Kelly Bainbridge
RE/MAX Chesapeake
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,533
Avg. Annual Appreciation
12.38%
Original Mortgage
$247,000
Outstanding Balance
$223,628
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$207,905
Purchase Details
Closed on
Aug 11, 2003
Sold by
Ott Joann P and Ott Edward K
Bought by
Ott Daniel E and Ott Joann P
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chang Alden | $260,000 | Stewart Title Guaranty Co | |
| Ott Daniel E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chang Alden | $247,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2021 06/02/21 | Sold | $260,000 | -10.0% | $73 / Sq Ft |
| 11/02/2020 11/02/20 | Pending | -- | -- | -- |
| 10/05/2020 10/05/20 | Price Changed | $289,000 | -5.2% | $81 / Sq Ft |
| 09/21/2020 09/21/20 | Price Changed | $305,000 | -9.0% | $85 / Sq Ft |
| 08/13/2020 08/13/20 | Price Changed | $335,000 | -1.2% | $93 / Sq Ft |
| 05/05/2020 05/05/20 | Price Changed | $339,000 | +13.0% | $95 / Sq Ft |
| 05/05/2020 05/05/20 | For Sale | $299,900 | -- | $84 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,807 | $262,067 | $0 | $0 |
| 2024 | $2,367 | $249,500 | $131,100 | $118,400 |
| 2023 | $1,956 | $238,500 | $0 | $0 |
| 2022 | $2,622 | $227,500 | $0 | $0 |
| 2021 | $2,569 | $216,500 | $131,100 | $85,400 |
| 2020 | $2,505 | $212,000 | $0 | $0 |
| 2019 | $2,393 | $207,500 | $0 | $0 |
| 2018 | $2,401 | $203,000 | $146,100 | $56,900 |
| 2017 | $2,300 | $203,000 | $0 | $0 |
| 2016 | $2,298 | $203,000 | $0 | $0 |
| 2015 | $2,298 | $203,000 | $0 | $0 |
| 2014 | $2,270 | $203,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Kelly Bainbridge
Buyer's Agent in 2021
Kelly Bainbridge
RE/MAX
(239) 888-6833
9 in this area
22 Total Sales
Map
Source: Bright MLS
MLS Number: MDCC169256
APN: 03-009025
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