NOT LISTED FOR SALE

38 Locust St Earleville, MD 21919

Estimated Value: $165,000 - $200,000

2 Beds
1 Bath
800 Sq Ft
$231/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $116,000 $145 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,107/month

52 Days on Market

Highlights

  • Home fronts navigable water
  • No HOA
  • Paneling
  • Water Access
  • Cottage
  • Central Air

About This Home

As of November 2020

Affordable 4 season cottage by the bay!! BRING THE BOAT! Have you been searching for that perfect beach house without the extremely high costs? Then this cute cottage is just for you! In the last 3 years it has had new floor, new paint, a finished insulated sun room, new kitchen counters, sink, and new plumbing. Each room has been finished! It literally welcomes you when you walk in the door. It has NEW AC & NEW HEAT, New porch, newer appliances and a washer/dryer hook up. All the work has been done for you. Its just waiting for you to move in. You can come stay in the summer or live there year around!! No property rent, no HOA! There is a private beach with a private boat slip for only $400.00 a year or you can access the public beach for free! Bring your golf cart, there is even a parking spot for it! Your only a short walk from the water. Vacationing by the shore has never been more affordable. Why spend your money renting a beach house, when you can own one?

Last Agent to Sell the Property

Katherine Morefield

EXP Realty, LLC License #0679386 Listed on: 08/06/2020

EXP Realty, LLC

Last Buyer's Agent

Amber Durand

Cross Street Realtors Chesapeake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $788

Year Built

  • Built in 1935

Lot Details

  • 3,218 Sq Ft Lot
  • Home fronts navigable water
  • Property is zoned RR

Parking

  • Driveway

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 800 Sq Ft Home
  • Property has 1 Level
  • Paneling

Kitchen

  • Cooktop
  • Built-In Microwave

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Property near a bay

Utilities

  • Central Air
  • Heat Pump System
  • 60+ Gallon Tank
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Crystal Beach Subdivision

Listing and Financial Details

  • Tax Lot 294
  • Assessor Parcel Number 0801016180

Home Details

Home Type

Single Family

Est. Annual Taxes

$788

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Exclusions: drapery/curtains
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-08-07
  • Federal Flood Zone: No
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Remarks Public: Affordable 4 season cottage by the bay!! BRING THE BOAT! Have you been searching for that perfect beach house without the extremely high costs? Then this cute cottage is just for you! In the last 3 years it has had new floor, new paint, a finished insulated sun room, new kitchen counters, sink, and new plumbing. Each room has been finished! It literally welcomes you when you walk in the door. It has NEW AC & NEW HEAT, New porch, newer appliances and a washer/dryer hook up. All the work has been done for you. Its just waiting for you to move in. You can come stay in the summer or live there year around!! No property rent, no HOA! There is a private beach with a private boat slip for only $400.00 a year or you can access the public beach for free! Bring your golf cart, there is even a parking spot for it! Your only a short walk from the water. Vacationing by the shore has never been more affordable. Why spend your money renting a beach house, when you can own one?
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Refrigerator
  • Flooring Type: Laminated, Vinyl
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 800
  • Living Area Sq Ft: 800
  • Price Per Sq Ft: 149.38
  • Above Grade Finished Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

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: 60+ Gallon Tank
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • 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
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 43700.00
  • Land Assessed Value: 28900.00
  • Land Use Code: 110
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3218.00
  • Year Assessed: 2020
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 4439519
  • Tax Annual Amount: 788.00
  • Assessor Parcel Number: 0801016180
  • Tax Lot: 294
  • Tax Total Finished Sq Ft: 652
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 11/13/2020

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Nov 13, 2020
Sold by
Stalfire Nicole and Stalfire Frank
Bought by
Fraatz Joseph and Fraatz Monica
Seller's Agent
Katherine Morefield
EXP Realty, LLC
Buyer's Agent
Amber Durand
Cross Street Realtors Chesapeake
List Price
$119,500
Sold Price
$116,000
Premium/Discount to List
-$3,500
-2.93%
Current Estimated Value
$185,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,027
Avg. Annual Appreciation
10.00%
Original Mortgage
$92,800
Outstanding Balance
$83,515
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$98,559

Purchase Details

Listed on
Mar 3, 2017
Closed on
May 8, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Stalfire Nicole and Stalfire Frank
Seller's Agent
John Carroll
Village Real Estate Company LLC
Buyer's Agent
Carolyn Shoop
Streett Hopkins Real Estate, LLC
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.55%

Purchase Details

Closed on
Aug 20, 2004
Sold by
Matheson Neil H and Matheson Adele M
Bought by
Sarno Steven M and Sarno Deborah K
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
Fraatz Joseph $116,000 Kirsh Title Services Inc
Stalfire Nicole $35,000 None Available
Sarno Steven M $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraatz Joseph $92,800
Previous Owner Sarno Steven M $110,000
Closed Sarno Steven M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $116,000 -2.9% $145 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $119,500 0.0% $149 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $119,500 0.0% $149 / Sq Ft
07/27/2020 07/27/20 Price Changed $119,500 +241.4% $149 / Sq Ft
05/10/2017 05/10/17 Sold $35,000 -12.3% $54 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $39,900 -- $61 / 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
2024 $1,131 $103,300 $28,900 $74,400
2023 $1,012 $91,667 $0 $0
2022 $901 $80,033 $0 $0
2021 $780 $68,400 $28,900 $39,500
2020 $1,578 $68,400 $28,900 $39,500
2019 $789 $68,400 $28,900 $39,500
2018 $837 $72,600 $28,900 $43,700
2017 $801 $72,600 $0 $0
2016 $810 $72,600 $0 $0
2015 $810 $73,500 $0 $0
2014 $885 $73,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC170364

Bright MLS

APN: 01-016180