NOT LISTED FOR SALE

31 Cherry Ln Elkton, MD 21921

Estimated Value: $234,000 - $264,000

3 Beds
1 Bath
912 Sq Ft
$276/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $73,000 $80 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $1,474/month

Highlights

  • Rambler Architecture
  • Eat-In Kitchen
  • Heat Pump System
  • No HOA
  • Central Air

About This Home

As of June 2015

Affordable 3 bedroom one bath rancher with fenced yard and shed. Located close to Newark and I95. Build equity with your renovation. Good starter home or investor purchase. No Home Owners association. Cecil County School District.

Last Agent to Sell the Property

Aaron Butler

(410) 620-4359 abutlerrec@gmail.com Real Estate Consultants License #524396 Listed on: 01/29/2015

Last Buyer's Agent

Ronald McNeal

ron.mcneal@longandfoster.com Empower Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,296

Year Built

  • Built in 1984

Lot Details

  • 7,840 Sq Ft Lot
  • Property is zoned RM

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Partially Finished Basement
  • Connecting Stairway
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Meadowview Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 0803075818

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,296

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1984
  • Remarks Public: Affordable 3 bedroom one bath rancher with fenced yard and shed. Located close to Newark and I95. Build equity with your renovation. Good starter home or investor purchase. No Home Owners association. Cecil County School District.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Partially Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 31

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • School District Key: 121139799812

Lot Info

  • Improvement Assessed Value: 68200.00
  • Land Assessed Value: 49300.00
  • Lot Size Acres: 0.18
  • Lot Size Area: 7840
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7840.00
  • Year Assessed: 2014
  • Zoning: RM

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4453129
  • Tax Annual Amount: 1295.67
  • Assessor Parcel Number: 0803075818
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 912
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 06/30/2015

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2015
Closed on
Jun 22, 2015
Sold by
Cp Srmof Ii 2012-A Trust U S Bank Trust
Bought by
Old Mailbox Properties Llc
Seller's Agent
Aaron Butler
Real Estate Consultants
Buyer's Agent
Ronald McNeal
Empower Real Estate, LLC
List Price
$74,900
Sold Price
$73,000
Premium/Discount to List
-$1,900
-2.54%
Current Estimated Value
$251,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,264
Avg. Annual Appreciation
12.83%

Purchase Details

Listed on
Jan 29, 2015
Closed on
Jun 8, 2015
Sold by
Maxwell Dennis C and Maxwell Suzanne L
Bought by
Cp Srmof Ii 2012-A Trust and U S Bank Trust National Association
Seller's Agent
Aaron Butler
Real Estate Consultants
Buyer's Agent
Ronald McNeal
Empower Real Estate, LLC
List Price
$74,900
Sold Price
$73,000
Premium/Discount to List
-$1,900
-2.54%

Purchase Details

Closed on
Aug 27, 2007
Sold by
Diehl Suzanne L
Bought by
Maxwell Suzanne L and Maxwell Dennis C

Purchase Details

Closed on
Jun 13, 2007
Sold by
Diehl Suzanne L
Bought by
Maxwell Suzanne L and Maxwell Dennis C

Purchase Details

Closed on
Jun 27, 2006
Sold by
Diehl Suzanne L
Bought by
Diehl Suzanne L and Maxwell Dennis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,400
Interest Rate
9.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 14, 2006
Sold by
Diehl Suzanne L
Bought by
Diehl Suzanne L and Maxwell Dennis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,400
Interest Rate
9.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 1, 2005
Sold by
Sinopoli Angelo D
Bought by
Diehl Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 4, 2005
Sold by
Sinopoli Angelo D
Bought by
Diehl Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 19, 2005
Sold by
Sinopoli Angelo D
Bought by
Sinopoli Angelo D

Purchase Details

Closed on
Apr 5, 2005
Sold by
Sinopoli Angelo D and Proffit Audrey D
Bought by
Sinopolo Angelo D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
7.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Old Mailbox Properties Llc $73,000 None Available
Cp Srmof Ii 2012-A Trust $99,000 Attorney
Maxwell Suzanne L -- --
Maxwell Suzanne L -- --
Diehl Suzanne L -- --
Diehl Suzanne L -- --
Diehl Suzanne L $152,000 --
Diehl Suzanne L $152,000 None Available
Diehl Suzanne L $152,000 --
Sinopoli Angelo D -- --
Sinopolo Angelo D -- Ticor Title Co Of Calicofrni
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maxwell Dennis C $180,133
Previous Owner Maxwell Dennis C $178,350
Previous Owner Diehl Suzanne L $165,600
Previous Owner Diehl Suzanne L $153,400
Previous Owner Diehl Suzanne L $153,400
Previous Owner Diehl Suzanne L $136,800
Previous Owner Diehl Suzanne L $136,800
Previous Owner Sinopoll Angelo D $87,750
Closed Sinopoli Angelo D --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $73,000 -2.5% $80 / Sq Ft
02/26/2015 02/26/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $74,900 -- $82 / 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 $1,769 $161,600 $39,500 $122,100
2024 $1,679 $153,433 $0 $0
2023 $1,604 $145,267 $0 $0
2022 $1,544 $137,100 $39,500 $97,600
2021 $1,514 $132,833 $0 $0
2020 $1,483 $128,567 $0 $0
2019 $1,434 $124,300 $39,500 $84,800
2018 $1,408 $122,033 $0 $0
2017 $1,381 $119,767 $0 $0
2016 $1,296 $117,500 $0 $0
2015 $1,296 $117,500 $0 $0
2014 -- $117,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002529926

Bright MLS

APN: 03-075818