NOT LISTED FOR SALE

351 Old Chestnut Rd Elkton, MD 21921

Estimated Value: $403,000 - $443,000

3 Beds
2 Baths
1,698 Sq Ft
$248/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $240,293 $142 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,441/month

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Private Pool
  • Boat or Launch Ramp
  • Water Access
  • 1.78 Acre Lot

About This Home

As of October 2014

Beautiful rancher with 3 bdrm, 2 bath in the Elkmore community sits on 1.78 acre. Many upgrades including sunroom & above ground pool. Water access, boat ramp, playground & pavilion. Wonderful starter home and will not last long.

Last Agent to Sell the Property

Donnie Horton

(302) 593-0262 remaxoffice21921@gmail.com RE/MAX Chesapeake License #RB0020335 Listed on: 06/18/2014

RE/MAX Chesapeake

Last Buyer's Agent

Thomas Holleran

(302) 598-3478 hthomasj07@gmail.com RE/MAX Chesapeake License #MRIS:121916

RE/MAX Chesapeake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,318

Year Built

  • Built in 1970

Lot Details

  • 1.78 Acre Lot
  • Home fronts navigable water
  • Property is in very good condition
  • Property is zoned SR

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Brick Front

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Family Room
  • Sun or Florida Room
  • Partially Finished Basement
  • Side Basement Entry
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Water Access
  • Property near a bay
  • Available By Lease
  • Boat or Launch Ramp
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Shared Waterfront
  • Waterfront Park
  • Shed

Schools

  • Elk Neck Elementary School
  • North East Middle School
  • North East High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 169
  • Assessor Parcel Number 0805030412

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,318

Year Built

Built in 1970

Lot Details

0

HOA Fees

$3 per month

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, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Family Room, Sun/Florida Room
  • Basement: Yes
  • Basement Type: Side Entrance, Partially Finished
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Brick Front
  • Dock Type: Single Slip
  • Roof: Asphalt
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 40.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: ELK NECK
  • High School: NORTH EAST
  • Middle Or Junior School: NORTH EAST

Lot Info

  • Improvement Assessed Value: 90700.00
  • Land Assessed Value: 119500.00
  • Lot Size Acres: 1.78
  • Lot Size Area: 77537
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 77537.00
  • Property Condition: Very Good
  • Zoning: SR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4462851
  • Tax Annual Amount: 2317.88
  • Assessor Parcel Number: 0805030412
  • Tax Lot: 169
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Dock Slip Conveyance: Available By Lease
  • Waterfront Features: Boat/Launch Ramp, Park, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2014
Closed on
Oct 31, 2014
Sold by
Reider Louis W and Rieder Barbara J
Bought by
Ellingsworth Jason M and Ellingsworth Sharon E
Seller's Agent
Donnie Horton
RE/MAX Chesapeake
Buyer's Agent
Thomas Holleran
RE/MAX Chesapeake
List Price
$239,900
Sold Price
$240,294
Premium/Discount to List
$394
0.16%
Current Estimated Value
$420,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,627
Avg. Annual Appreciation
5.23%
Original Mortgage
$231,503
Outstanding Balance
$179,918
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$241,003

Purchase Details

Closed on
Aug 18, 1978
Sold by
Hickman William D and Hickman Christine
Bought by
Rieder Louis W and Rieder Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
9.78%
Source: Public Records

Range of Values:

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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
Ellingsworth Jason M $239,900 Kirsh Title Services Inc
Rieder Louis W $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellingsworth Jason M $231,503
Previous Owner Rieder Louis W $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold $240,294 +0.2% $142 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $239,900 -- $141 / 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 $2,825 $261,300 $0 $0
2024 $2,364 $247,000 $0 $0
2023 $1,930 $232,700 $94,500 $138,200
2022 $2,653 $230,233 $0 $0
2021 $2,600 $227,767 $0 $0
2020 $2,659 $225,300 $94,500 $130,800
2019 $2,609 $221,000 $0 $0
2018 $2,559 $216,700 $0 $0
2017 $2,510 $212,400 $0 $0
2016 $2,386 $211,667 $0 $0
2015 $2,386 $210,933 $0 $0
2014 $2,493 $210,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donnie Horton

    Seller's Agent in 2014

    Donnie Horton

    RE/MAX

    (302) 593-0262

    45 in this area

    113 Total Sales

    Donnie Horton
    Section Image

  • T

    Buyer's Agent in 2014

    Thomas Holleran

    RE/MAX

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003064730

Bright MLS

APN: 05-030412

Maryland Cecil County Elkton 21921

351 Old Chestnut Rd, Elkton, MD

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