NOT LISTED FOR SALE

269 Sycamore Rd Elkton, MD 21921

Estimated Value: $272,000 - $372,055

-- Bed
1 Bath
1,944 Sq Ft
$163/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $225,000 $116 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,030/month

Highlights

  • Second Kitchen
  • Main Floor Bedroom
  • No Interior Steps
  • Open Floorplan
  • No HOA
  • Forced Air Heating System

About This Home

As of March 2021

Excellent Rental Income Opportunity - Duplex available now! Built-in 2016 this duplex offers an amazing opportunity to live in the 3BR / 2Bath front unit which is currently vacant and has just been freshly updated with paint, vinyl flooring, and carpet. Move right in and have the second unit provide rental income, currently rented to a long-term tenant. The front unit previously rented at $1100 per month, back unit currently rented at $900 per month. Each unit is metered separately. A generously sized lot offers plenty of parking in the asphalt driveway. The rear yard backs to farmland. Recent updates and all new systems in 2016 when the home was built provides a low maintenance investment. Don't miss this rare opportunity.

Last Listed By

Kathy Blakey

Century 21 Gold Key Realty License #657813 Listed on: 01/30/2021

Century 21 Gold Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,001

Year Built

  • Built in 2015

Lot Details

  • 8,842 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • 1,944 Sq Ft Home
  • Open Floorplan
  • Crawl Space
  • Fire Sprinkler System
  • Second Kitchen

Flooring

  • Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces

Accessible Home Design

  • No Interior Steps
  • Level Entry For Accessibility

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 0803084973

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 1-Story Building

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,001

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Accessibility Features: Level Entry - Main, No Stairs
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2021-01-30
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Remarks Public: Excellent Rental Income Opportunity - Duplex available now! Built-in 2016 this duplex offers an amazing opportunity to live in the 3BR / 2Bath front unit which is currently vacant and has just been freshly updated with paint, vinyl flooring, and carpet. Move right in and have the second unit provide rental income, currently rented to a long-term tenant. The front unit previously rented at $1100 per month, back unit currently rented at $900 per month. Each unit is metered separately. A generously sized lot offers plenty of parking in the asphalt driveway. The rear yard backs to farmland. Recent updates and all new systems in 2016 when the home was built provides a low maintenance investment. Don't miss this rare opportunity.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: 2nd Kitchen, Carpet, Entry Level Bedroom, Floor Plan - Open, Sprinkler System
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Total Sq Ft: 1944
  • Living Area Sq Ft: 1944
  • Price Per Sq Ft: 115.74
  • Above Grade Finished Sq Ft: 1944
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 269

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • 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: No

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • School District Key: 121139799812
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 146000.00
  • Land Assessed Value: 49200.00
  • Land Use Code: 110
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8842.00
  • Year Assessed: 2021
  • Zoning: UR
  • In City Limits: No

Rental Info

  • Existing Lease Type: Yearly
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4453821
  • Tax Annual Amount: 2001.00
  • Assessor Parcel Number: 0803084973
  • Tax Lot: 30
  • Tax Total Finished Sq Ft: 1944
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/08/2021

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2021
Closed on
Mar 8, 2021
Sold by
Benner Property Group Llc
Bought by
Reynolds Evan C and Reynolds Bethany
Seller's Agent
Kathy Blakey
Century 21 Gold Key Realty
Buyer's Agent
Joanna Chaffee
EXP Realty, LLC
List Price
$225,000
Sold Price
$225,000
Total Days on Market
0
Current Estimated Value
$317,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,264
Avg. Annual Appreciation
11.67%
Original Mortgage
$168,750
Outstanding Balance
$152,981
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$205,148

Purchase Details

Listed on
Jun 16, 2013
Closed on
Feb 11, 2014
Sold by
Atwood Junior V and Atwood Barbara A
Bought by
Benner Property Group Llc
Seller's Agent
Joseph A Zang III
RE/MAX Chesapeake
Buyer's Agent
Joseph A Zang III
RE/MAX Chesapeake
List Price
$50,000
Sold Price
$36,000
Premium/Discount to List
-$14,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.59%

Purchase Details

Closed on
Aug 27, 1987
Sold by
Montgomery Montgomery H and Montgomery Deborah S
Bought by
Atwood Junior and Atwood Barbara A

Range of Values:

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Average Value
Not Available
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
Reynolds Evan C $225,000 Ardent Title Company Llc
Benner Property Group Llc $36,000 Ardent Title Company Llc
Atwood Junior $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Evan C $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $225,000 0.0% $116 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $225,000 +525.0% $116 / Sq Ft
02/11/2014 02/11/14 Sold $36,000 -28.0% $33 / Sq Ft
01/12/2014 01/12/14 Pending -- -- --
06/16/2013 06/16/13 For Sale $50,000 -- $46 / 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
2024 $3,046 $278,367 $0 $0
2023 $543 $137,033 $0 $0
2022 $2,199 $195,200 $49,200 $146,000
2021 $2,102 $184,367 $0 $0
2020 $2,002 $173,533 $0 $0
2019 $1,877 $162,700 $49,200 $113,500
2018 $1,865 $161,733 $0 $0
2017 $651 $160,767 $0 $0
2016 $651 $59,000 $0 $0
2015 $651 $59,000 $0 $0
2014 $1,628 $59,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathy Blakey

    Seller's Agent in 2021

    Kathy Blakey

    Century 21 Gold Key Realty

    (302) 383-5424

    78 Total Sales

    Kathy Blakey
    Section Image
  • Joanna Chaffee

    Buyer's Agent in 2021

    Joanna Chaffee

    EXP Realty, LLC

    (443) 907-9001

    94 Total Sales

    Joanna Chaffee
    Section Image
  • Joseph A Zang III

    Seller's Agent in 2014

    Joseph A Zang III

    RE/MAX

    (443) 553-0960

    86 Total Sales

    Joseph A Zang III
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDCC173072

Bright MLS

APN: 03-084973

Maryland Cecil County Elkton 21921

269 Sycamore Rd, Elkton, MD

Homes for Sale in Elkton, MD

This home is located at 269 Sycamore Rd, Elkton, MD 21921 since 30 January 2021 and is currently estimated at $317,264, approximately $163 per square foot. This property was built in 2015. 269 Sycamore Rd is a home located in Cecil County with nearby schools including Cecil Manor Elementary School, Elkton Middle School, and Elkton High School.

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