NOT LISTED FOR SALE

2902 Augustine Herman Hwy Chesapeake City, MD 21915

Estimated Value: $239,000 - $362,815

3 Beds
3 Baths
1,624 Sq Ft
$179/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $155,000 $95 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,763/month

61 Days on Market

Highlights

  • Second Kitchen
  • No HOA
  • Forced Air Heating and Cooling System
  • Rambler Architecture
  • 2 Car Attached Garage

About This Home

As of March 2020

Chesapeake City home with inlaw suite. Amenities include 2 car attached garage, 2 decks, covered porch, and an outbuiding with carport. Close to Chesapeake City shops and restaurants. HUD Case # 241-963715 sold as is. This home is approved for purchase with an FHA mortgage (IE). Submit all offers on HUDHomestore site. Managed by Olympus AMS .

Last Agent to Sell the Property

Aaron Butler

Real Estate Consultants License #524396 Listed on: 11/21/2019

Last Buyer's Agent

Nicole Helm

Integrity Real Estate License #668872

Integrity Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,961

Year Built

  • Built in 1950

Lot Details

  • 0.51 Acre Lot
  • Property is zoned RR

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Rambler Architecture

Interior Spaces

  • 1,624 Sq Ft Home
  • Property has 3 Levels
  • Partial Basement
  • Second Kitchen

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0802020793

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,961

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1950
  • Remarks Public: Chesapeake City home with inlaw suite. Amenities include 2 car attached garage, 2 decks, covered porch, and an outbuiding with carport. Close to Chesapeake City shops and restaurants. HUD Case # 241-963715 sold as is. This home is approved for purchase with an FHA mortgage (IE). Submit all offers on HUDHomestore site. Managed by Olympus AMS .
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 2nd Kitchen
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1624
  • Living Area Sq Ft: 1624
  • Price Per Sq Ft: 98.52
  • Above Grade Finished Sq Ft: 1624
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2902

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: 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: 77500.00
  • Land Assessed Value: 96000.00
  • Land Use Code: 110
  • Lot Size Acres: 0.51
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22084.00
  • Year Assessed: 2020
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4445643
  • Tax Annual Amount: 1961.00
  • Assessor Parcel Number: 0802020793
  • Tax Total Finished Sq Ft: 1624
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 03/10/2020

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Mar 10, 2020
Sold by
Department Of Housing & Urban Dev
Bought by
Rice Donald H
Seller's Agent
Aaron Butler
Real Estate Consultants
Buyer's Agent
Nicole Helm
Integrity Real Estate
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%
Current Estimated Value
$289,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,954
Avg. Annual Appreciation
11.69%
Original Mortgage
$153,311
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 2019
Sold by
Artisans Bank
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 20, 2018
Sold by
Derosa David
Bought by
Artisans Bank

Purchase Details

Closed on
Nov 28, 2011
Sold by
Derosa David and Fitch Krystle L
Bought by
Derosa David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,700
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2010
Sold by
Benner Wayne A
Bought by
Derosa David and Fitch Krystle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,424
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 1983
Sold by
Walls Walls C and Walls Rhoda
Bought by
Benner Wayne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
12.73%
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
Rice Donald H $155,000 Commonwealth Land Ttl Ins Co
Secretary Of Housing & Urban Development -- Accommodation
Artisans Bank $136,800 None Available
Derosa David -- Kirsh Title Services Inc
Derosa David $132,000 --
Benner Wayne A $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Donald H $153,600
Closed Rice Donald H $153,311
Previous Owner Derosa David $171,700
Previous Owner Derosa David $150,424
Previous Owner Benner Wayne A $58,678
Previous Owner Benner Wayne A $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Sold $155,000 -3.1% $95 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $160,000 +3.2% $99 / Sq Ft
12/17/2019 12/17/19 Pending -- -- --
12/09/2019 12/09/19 Off Market $155,000 -- --
11/21/2019 11/21/19 For Sale $160,000 -- $99 / 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 $2,242 $199,400 $0 $0
2024 $1,815 $192,300 $96,000 $96,300
2023 $1,415 $186,033 $0 $0
2022 $2,025 $179,767 $0 $0
2021 $2,043 $173,500 $96,000 $77,500
2020 $4,023 $169,200 $0 $0
2019 $1,902 $164,900 $0 $0
2018 $1,912 $160,600 $96,000 $64,600
2017 $1,832 $160,600 $0 $0
2016 $1,849 $160,600 $0 $0
2015 $1,849 $162,200 $0 $0
2014 $1,879 $162,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Aaron Butler

    Real Estate Consultants

    (410) 620-4359

    115 Total Sales

    Aaron Butler
    Section Image
  • Nicole Helm

    Buyer's Agent in 2020

    Nicole Helm

    Integrity Real Estate

    (443) 904-6670

    31 Total Sales

    Nicole Helm
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDCC167096

Bright MLS

APN: 02-020793

Maryland Cecil County Chesapeake City 21915

2902 Augustine Herman Hwy, Chesapeake City, MD

This home is located at 2902 Augustine Herman Hwy, Chesapeake City, MD 21915 since 21 November 2019 and is currently estimated at $289,954, approximately $178 per square foot. This property was built in 1950. 2902 Augustine Herman Hwy is a home located in Cecil County with nearby schools including Chesapeake City Elementary School, Bohemia Manor Middle School, and Bohemia Manor High School.

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