NOT LISTED FOR SALE

38 Palomino Place Elkton, MD 21921

Estimated Value: $219,000 - $292,000

3 Beds
1 Bath
1,050 Sq Ft
$256/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $149,900 $143 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,607/month

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of May 2017

Very well maintained 3 Bedroom 1 bath home with beautiful yard! Full basement ready to be finished. All appliances convey. Close to U of D, Rte 40, and I-95.

Last Agent to Sell the Property

Tracy McCullough

Remax Vision Listed on: 02/24/2017

Remax Vision

Last Buyer's Agent

Robin Jones

RE/MAX Excellence - Kennett Square License #5000346

RE/MAX Excellence - Kennett Square

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 1991

Lot Details

  • 6,577 Sq Ft Lot
  • Property is zoned RM

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Dining Area
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Shared Spring
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Meadowview/West Creek V Subdivision

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 0804033817

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,426

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1991
  • Remarks Public: Very well maintained 3 Bedroom 1 bath home with beautiful yard! Full basement ready to be finished. All appliances convey. Close to U of D, Rte 40, and I-95.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Living Area Units: Square Feet
  • Street Number Modifier: 38

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: Combination, Brick
  • Pool Private: 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
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Shared Spring, 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: 92800.00
  • Land Assessed Value: 35600.00
  • Lot Size Acres: 0.15
  • Lot Size Area: 6577
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6577.00
  • Property Attached Yn: No
  • Year Assessed: 2017
  • Zoning: RM

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4459454
  • Tax Annual Amount: 1425.59
  • Assessor Parcel Number: 0804033817
  • Tax Lot: 41
  • Tax Total Finished Sq Ft: 1050
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 05/05/2017

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2017
Closed on
May 5, 2017
Sold by
Stockhouse Llc
Bought by
Bradley Thomas J
Seller's Agent
Tracy McCullough
Remax Vision
Buyer's Agent
Robin Jones
RE/MAX Excellence - Kennett Square
List Price
$149,900
Sold Price
$149,900
Current Estimated Value
$268,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,639
Avg. Annual Appreciation
7.21%
Original Mortgage
$147,184
Outstanding Balance
$123,581
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$144,958

Purchase Details

Closed on
Dec 10, 2004
Sold by
Rase Brian E
Bought by
Stockhouse Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
5.71%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 9, 2004
Sold by
Wyatt Shirley S and Wyatt Lisa D
Bought by
Rase Brian E
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
Bradley Thomas J $149,900 Kirsh Title Services
Stockhouse Llc $132,000 --
Rase Brian E $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley Thomas J $147,184
Previous Owner Stockhouse Llc $131,000
Closed Rase Brian E --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $149,900 0.0% $143 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $149,900 -- $143 / 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 $2,109 $192,700 $60,200 $132,500
2024 $1,662 $183,800 $0 $0
2023 $1,232 $174,900 $0 $0
2022 $1,870 $166,000 $60,200 $105,800
2021 $0 $153,467 $0 $0
2020 $1,626 $140,933 $0 $0
2019 $1,481 $128,400 $35,600 $92,800
2018 $1,481 $128,400 $35,600 $92,800
2017 $1,481 $128,400 $0 $0
2016 $1,425 $129,200 $0 $0
2015 $1,425 $129,200 $0 $0
2014 $1,555 $129,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001674311

Bright MLS

APN: 04-033817