NOT LISTED FOR SALE

308 Ericsson Ave Betterton, MD 21610

Estimated Value: $322,000 - $386,000

3 Beds
2 Baths
1,768 Sq Ft
$199/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $242,500 $137 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,193/month

127 Days on Market

Highlights

  • Traditional Floor Plan
  • Farmhouse Style Home
  • Attic
  • Wood Flooring
  • Whirlpool Bathtub
  • No HOA

About This Home

As of August 2016

Great Buy!! This beautiful property is located in the charming waterfront town of Betterton. The home had a major renovation in 2009 to include a large addition, new hvac, porches, kitchen, bathrooms, master bedroom, hardwood floors, and finished attic area. Short walking distance to the beach. The property is being sold As-Is.

Last Agent to Sell the Property

Peter Heller

(410) 708-3301 pheller@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company Listed on: 03/09/2016

Coldwell Banker Chesapeake Real Estate Company

Last Buyer's Agent

Peter Heller

(410) 708-3301 pheller@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company Listed on: 03/09/2016

Coldwell Banker Chesapeake Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 1900

Lot Details

  • 9,516 Sq Ft Lot
  • Property is zoned R-2

Parking

  • Gravel Driveway

Home Design

  • Farmhouse Style Home
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Wood Flooring
  • Attic
  • Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Kent County High School

Utilities

  • 90% Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Betterton Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1503019004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,788

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2016-03-15
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Water Heater
  • Interior Amenities: Kitchen - Island, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Built-Ins, Chair Railings, Upgraded Countertops, Crown Moldings, Window Treatments, Whirlpool/Hottub, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Basement, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Shed Shop, Storage Barn/Shed
  • Other Structures List: Shed Shop, Storage Barn/Shed
  • Construction Materials: Metal Siding, Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air, Central, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: KENT COUNTY

Lot Info

  • Improvement Assessed Value: 69200.00
  • Land Assessed Value: 105800.00
  • Lot Size Acres: 0.22
  • Lot Size Area: 9516
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9516.00
  • Property Attached Yn: No
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4503396
  • Tax Annual Amount: 2787.80
  • Assessor Parcel Number: 1503019004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
Aug 29, 2016
Sold by
Heller Shelley Luann and Herman Shelley Luann
Bought by
Clements John R and Clements Eileen T
Seller's Agent
Peter Heller
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
Peter Heller
Coldwell Banker Chesapeake Real Estate Company
List Price
$265,000
Sold Price
$242,500
Premium/Discount to List
-$22,500
-8.49%
Current Estimated Value
$352,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,130
Avg. Annual Appreciation
4.07%
Original Mortgage
$194,000
Outstanding Balance
$155,208
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$197,422

Purchase Details

Closed on
Jan 23, 2013
Sold by
Pratt Thomas F
Bought by
Herman Shelley Luan

Purchase Details

Closed on
May 16, 2007
Sold by
Fahrman Timothy Eric
Bought by
Pratt Thomas F

Purchase Details

Closed on
May 11, 2007
Sold by
Fahrman Timothy Eric
Bought by
Pratt Thomas F

Purchase Details

Closed on
Mar 28, 2006
Sold by
Yiannakis Florence Jean
Bought by
Fahrman Timothy Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2005
Sold by
Yiannakis Florence Jean
Bought by
Fahrman Timothy Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2003
Sold by
Yiannakis James T and Yiannakis Florence J
Bought by
Yiannakis Florence Jean and Yiannakis Florence Jean James E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Clements John R $242,500 Attorney
Herman Shelley Luan -- None Available
Pratt Thomas F $200,000 --
Pratt Thomas F $200,000 --
Fahrman Timothy Eric $142,700 --
Fahrman Timothy Eric $142,700 --
Yiannakis Florence Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clements John R $194,000
Previous Owner Fahrman Timothy Eric $149,000
Previous Owner Fahrman Timothy Eric $149,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2016 08/29/16 Sold $242,500 -4.9% $137 / Sq Ft
07/15/2016 07/15/16 Pending -- -- --
05/02/2016 05/02/16 Price Changed $255,000 -3.8% $144 / Sq Ft
03/09/2016 03/09/16 For Sale $265,000 -- $150 / 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 $4,202 $289,400 $96,800 $192,600
2024 $4,021 $276,900 $0 $0
2023 $3,839 $264,400 $0 $0
2022 $3,633 $251,900 $96,800 $155,100
2021 $3,658 $251,900 $96,800 $155,100
2020 $3,658 $251,900 $96,800 $155,100
2019 $3,759 $258,900 $105,800 $153,100
2018 $3,475 $239,300 $0 $0
2017 $3,194 $219,700 $0 $0
2016 -- $200,100 $0 $0
2015 $1,910 $191,733 $0 $0
2014 $1,910 $183,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000479821

Bright MLS

APN: 03-019004