NOT LISTED FOR SALE

364 Old Chestnut Rd Elkton, MD 21921

Estimated Value: $344,000 - $376,000

3 Beds
1.5 Baths
1,684 Sq Ft
$213/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $249,990 $148 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,070/month

Highlights

  • Home fronts navigable water
  • 0.57 Acre Lot
  • No HOA
  • Public Water Access
  • Raised Ranch Architecture
  • Paneling

About This Home

As of November 2021

Excellent opportunity. This 3 Bed 1.5 Bath home sits on a fabulous homesite a short distance to the Elk River where your will find a private community beach and boat slips for rent. This home has an open floorplan perfect for entertaining, large bedrooms, a fabulous screened in porch, and a basement that is partially done and ready to be finished. The home is in need of many cosmetic repairs and updates, but has a new septic tank and new carpet throughout. Lending options may be restricted based on the the repairs needed. Sold strictly AS IS, but inspections are allowed. Bring your boats and finish out the Summer here.

Last Agent to Sell the Property

Jeremy Martin

(410) 430-9989 jeremy.martin@cbmove.com Coldwell Banker Realty License #RS0037679 Listed on: 08/05/2021

Coldwell Banker Realty

Last Buyer's Agent

Jakia Ray

(410) 340-8551 jakiaray@kw.com American Premier Realty, LLC License #5003606

American Premier Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,089

Year Built

  • Built in 1973

Lot Details

  • 0.57 Acre Lot
  • Home fronts navigable water
  • Rural Setting

Home Design

  • Raised Ranch Architecture
  • Rambler Architecture
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,684 Sq Ft Home
  • Property has 1 Level
  • Paneling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Partially Finished Basement

  • Laundry in Basement
  • Basement Windows

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces

Outdoor Features

  • Public Water Access
  • River Nearby
  • Shed

Location

  • Flood Risk

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Elkmore Subdivision

Listing and Financial Details

  • Tax Lot 162
  • Assessor Parcel Number 0805035406

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,089

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler, Raised Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: As Is
  • Historic: No
  • Home Warranty: No
  • Inclusions: As Is
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-08-06
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Windows
  • Laundry Type: Basement
  • Total Sq Ft: 1684
  • Living Area Sq Ft: 1684
  • Price Per Sq Ft: 148.45
  • Above Grade Finished Sq Ft: 1684
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Roof: Shingle
  • Water Access Features: Public Access
  • Water Access: Yes
  • Water Body Name: Elk River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: ELK NECK
  • High School: NORTH EAST
  • Middle Or Junior School: NORTH EAST

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 109700.00
  • Land Assessed Value: 77400.00
  • Lot Size Acres: 0.57
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24829.00
  • Zoning: RESIDENTIAL
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 4463268
  • Tax Annual Amount: 2089.00
  • Assessor Parcel Number: 0805035406
  • Tax Lot: 162
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Nov 15, 2021
Sold by
Family First Restoration Llc
Bought by
Dunn Milton
Seller's Agent
Jeremy Martin
Coldwell Banker Realty
Buyer's Agent
Jakia Ray
American Premier Realty, LLC
List Price
$249,990
Sold Price
$249,990
Current Estimated Value
$358,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,704
Avg. Annual Appreciation
9.57%
Original Mortgage
$245,461
Outstanding Balance
$224,923
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$133,771

Purchase Details

Closed on
Mar 24, 2021
Sold by
Mid Island Mortgage Corp
Bought by
Family First Restoration Llc

Purchase Details

Closed on
Aug 19, 2020
Sold by
Clouser William and Esbin Christie L
Bought by
Mid Island Mortgate Corp

Purchase Details

Closed on
Dec 30, 2019
Sold by
Clouser William and Esbin Christine L
Bought by
Clouser William Lantz

Purchase Details

Closed on
Jun 8, 2007
Sold by
Moore William C and Moore Mary Alice
Bought by
Clouser William and Esbin Christie L

Purchase Details

Closed on
Jun 5, 2007
Sold by
Moore William C and Moore Mary Alice
Bought by
Clouser William and Esbin Christie L

Purchase Details

Closed on
Mar 21, 2005
Sold by
Moore William C and Moore Phyllis A
Bought by
Moore William C and Moore Mary Alice

Purchase Details

Closed on
Mar 18, 2005
Sold by
Moore William C
Bought by
Moore Willaim C and Moore Mary Alice
Source: Public Records

Range of Values:

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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
Dunn Milton $249,990 Passport Title Svcs Llc
Family First Restoration Llc $172,962 Solidifi
Mid Island Mortgate Corp $167,960 None Available
Clouser William Lantz -- Kirsh Title Services
Clouser William $212,000 --
Clouser William $212,000 --
Moore William C -- --
Moore Willaim C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn Milton $245,461
Closed Dunn Milton $8,750
Closed Clouser William --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2021 11/15/21 Sold $249,990 0.0% $148 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/23/2021 08/23/21 Price Changed $249,990 +8.7% $148 / Sq Ft
08/11/2021 08/11/21 Price Changed $229,990 -8.0% $137 / Sq Ft
08/05/2021 08/05/21 For Sale $249,990 -- $148 / 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 $2,301 $225,633 $0 $0
2024 $1,852 $206,367 $0 $0
2023 $1,426 $187,100 $77,400 $109,700
2022 $2,145 $185,133 $0 $0
2021 $2,148 $183,167 $0 $0
2020 $4,283 $181,200 $77,400 $103,800
2019 $2,073 $179,733 $0 $0
2018 $2,116 $178,267 $0 $0
2017 $2,011 $176,800 $0 $0
2016 $2,010 $176,800 $0 $0
2015 $2,010 $176,800 $0 $0
2014 $2,264 $177,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC2000734

Bright MLS

APN: 05-035406