NOT LISTED FOR SALE

365 River Rd Elkton, MD 21921

Estimated Value: $973,000 - $1,181,000

4 Beds
2.5 Baths
928 Sq Ft
$1,146/Sq Ft Est. Value

Last Sold December 08, 2016

Last sale price $735,000 $792 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,198/month

49 Days on Market

Highlights

  • 72 Feet of Waterfront
  • Pier
  • River View
  • 1 Dock Slip
  • Eat-In Gourmet Kitchen
  • Open Floorplan

About This Home

As of December 2016

Exquisite River Front built in 2012 River Views all around!! 100ft pier with lift and floating dock. Expansive outdoor entertaining w/covered deck.Beautiful family room opens to an eat in gourmet kitchen and formal dining room. Main level master bedroom with breathtaking views and huge master bath. Upper level 3 bdrms & loft w/ bath. Elevator shaft. Additional lot included w/ deeded water rights.

Last Agent to Sell the Property

Lori Lukeman

(443) 206-2476 lori@lorilukeman.com Empower Real Estate, LLC License #0641348 Listed on: 08/29/2016

Empower Real Estate, LLC

Last Buyer's Agent

Terry Mulkins

(302) 584-7300 tmulkins@psre.com Patterson-Schwartz-Newark

Patterson-Schwartz-Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,272

Year Built

  • Built in 2012

Lot Details

  • 0.29 Acre Lot
  • 72 Feet of Waterfront
  • Home fronts navigable water
  • Additional Land
  • Property is in very good condition
  • Property is zoned RR

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Heatilator
  • Fireplace With Glass Doors
  • Window Treatments
  • Dining Area
  • Wood Flooring
  • River Views
  • Flood Lights

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Shower
  • Pier
  • Water Access
  • River Nearby
  • Sun Deck
  • Rip-Rap
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Deck
  • Patio
  • Porch

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Vented Exhaust Fan
  • Well
  • Tankless Water Heater
  • Bottled Gas Water Heater
  • Water Conditioner is Owned
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 0802015005

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,272

Year Built

Built in 2012

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Oven/Range - Gas, Six Burner Stove, Washer, Water Conditioner - Owned, Water Heater - Tankless
  • Interior Amenities: Kitchen - Gourmet, Dining Area, Kitchen - Table Space, Kitchen - Eat-In, Primary Bath(s), Chair Railings, Upgraded Countertops, Crown Moldings, Window Treatments, Wood Floors, Floor Plan - Open, Floor Plan - Traditional
  • Fireplace Features: Equipment, Fireplace - Glass Doors, Heatilator
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Exterior Features: Flood Lights, Outside Shower
  • Roof: Shingle
  • View: Water, River
  • Water Access: Yes
  • Water Body Name: ELK RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 72

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Garage
  • Parking Space Number Assigned: 6+
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Tankless, Bottled Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 279700.00
  • Land Assessed Value: 280400.00
  • Lot Features: Additional Lot(s), Rip-Rapped
  • Lot Size Acres: 0.29
  • Lot Size Area: 12529
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12529.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Condition: Very Good
  • Zoning: RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4445174
  • Tax Annual Amount: 6272.16
  • Assessor Parcel Number: 0802015005
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: Deeded
  • Waterfront Features: Rip-Rap, Private Dock Site

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2016
Closed on
Dec 8, 2016
Sold by
Wallace Barbara S
Bought by
Russell Scott Lee and Russell Heather Lynn
Seller's Agent
Lori Lukeman
Empower Real Estate, LLC
Buyer's Agent
Terry Mulkins
Patterson-Schwartz-Newark
List Price
$799,000
Sold Price
$735,000
Premium/Discount to List
-$64,000
-8.01%
Current Estimated Value
$1,063,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,272
Avg. Annual Appreciation
4.17%
Original Mortgage
$596,820
Outstanding Balance
$488,065
Interest Rate
3.94%
Mortgage Type
VA
Estimated Equity
$575,207

Purchase Details

Closed on
Mar 25, 1998
Sold by
Newlin Alma T
Bought by
Wallace James H and Wallace Barbara S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Russell Scott Lee $735,000 Kirsh Title Services
Wallace James H $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Scott Lee $596,820
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2016 12/08/16 Sold $735,000 -4.2% $792 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
09/30/2016 09/30/16 Price Changed $767,000 -4.0% $827 / Sq Ft
08/29/2016 08/29/16 For Sale $799,000 -- $861 / 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 $7,255 $657,400 $0 $0
2024 $5,978 $572,700 $265,600 $307,100
2023 $5,385 $572,700 $265,600 $307,100
2022 $6,510 $572,700 $265,600 $307,100
2021 $6,379 $574,000 $265,600 $308,400
2020 $6,627 $569,367 $0 $0
2019 $6,574 $564,733 $0 $0
2018 $6,520 $560,100 $280,400 $279,700
2017 $6,520 $560,100 $0 $0
2016 $6,332 $560,100 $0 $0
2015 $6,332 $568,800 $0 $0
2014 $3,057 $543,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002476556

Bright MLS

APN: 02-015005