NOT LISTED FOR SALE

389 W Main St Elkton, MD 21921

Estimated Value: $184,000 - $234,000

4 Beds
2 Baths
1,624 Sq Ft
$130/Sq Ft Est. Value

Last Sold November 03, 2016

Last sale price $39,000 $24 Per Sq Ft

Est. 440% increase in value since last sale

Current estimated payment $1,318/month

Highlights

  • Colonial Architecture
  • Country Kitchen
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of November 2016

**Price Reduction..Agents bring your Buyers....Show and Sell** Detached home is being offered "As Is" "Where IS" with no warranties expressed or implied. Sold property is subject to seller approval.

Last Agent to Sell the Property

Penelope Mars

(410) 961-0550 marsrealtygroup@outlook.com Mars Realty Group INC License #518403 Listed on: 02/23/2016

Last Buyer's Agent

Junie Seward

(302) 598-9267 junieseward@remax.net RE/MAX Associates - Newark

RE/MAX Associates - Newark

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 8,000 Sq Ft Lot
  • Property is zoned R3

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Country Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Gilpin Manor Elementary School
  • Elkton Middle School
  • Elkton High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Elkton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0803050246

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1915
  • Remarks Public: **Price Reduction..Agents bring your Buyers....Show and Sell** Detached home is being offered "As Is" "Where IS" with no warranties expressed or implied. Sold property is subject to seller approval.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Country
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 389

Beds/Baths

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

Exterior Features

  • Construction Materials: Aluminum Siding
  • 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: On 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: Public

Condo/Co-op/Association

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

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • Elementary School: GILPIN MANOR
  • Middle School: ELKTON
  • High School: ELKTON
  • School District Key: 121139799812
  • Elementary School: GILPIN MANOR
  • High School: ELKTON
  • Middle Or Junior School: ELKTON

Lot Info

  • Improvement Assessed Value: 63900.00
  • Land Assessed Value: 60800.00
  • Lot Size Acres: 0.18
  • Lot Size Area: 8000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8000.00
  • Property Attached Yn: No
  • Year Assessed: 2015
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4451546
  • Tax Annual Amount: 2105.31
  • Assessor Parcel Number: 0803050246
  • Tax Total Finished Sq Ft: 1624
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 11/03/2016

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2016
Closed on
Oct 29, 2016
Sold by
Jpmorgan Chase Bank Na
Bought by
Buckingham Chris
Seller's Agent
Penelope Mars
Mars Realty Group INC
Buyer's Agent
Junie Seward
RE/MAX Associates - Newark
List Price
$67,000
Sold Price
$39,000
Premium/Discount to List
-$28,000
-41.79%
Current Estimated Value
$210,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,479
Avg. Annual Appreciation
20.68%

Purchase Details

Listed on
Feb 23, 2016
Closed on
Sep 6, 2016
Sold by
Szilagyi Michael and Marziano Emily
Bought by
Jpmorgan Chase Bank National Association
Seller's Agent
Penelope Mars
Mars Realty Group INC
Buyer's Agent
Junie Seward
RE/MAX Associates - Newark
List Price
$67,000
Sold Price
$39,000
Premium/Discount to List
-$28,000
-41.79%

Purchase Details

Closed on
Sep 13, 2006
Sold by
Larson Lee D
Bought by
Szilagyi Michael and Marziano Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,800
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2006
Sold by
Larson Lee D
Bought by
Szilagyi Michael and Marziano Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,800
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2003
Sold by
Larson Lee D and Larson Elizabeth M
Bought by
Larson Lee D & Life Estate and Larson , Elizabeth M & Life Estate

Purchase Details

Closed on
Aug 16, 1994
Sold by
Reedy
Bought by
Larson Lee D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.52%
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
Buckingham Chris $39,000 Servicelink
Jpmorgan Chase Bank National Association $77,000 Attorney
Szilagyi Michael $190,000 --
Szilagyi Michael $190,000 --
Larson Lee D & Life Estate -- --
Larson Lee D $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Szilagyi Michael $193,800
Previous Owner Szilagyi Michael $193,800
Previous Owner Larson Lee D $84,000
Closed Larson Lee D $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2016 11/03/16 Sold $39,000 0.0% $24 / Sq Ft
09/05/2016 09/05/16 Pending -- -- --
09/02/2016 09/02/16 Price Changed $39,000 -29.1% $24 / Sq Ft
08/01/2016 08/01/16 Price Changed $55,000 -3.5% $34 / Sq Ft
07/25/2016 07/25/16 Price Changed $57,000 -8.1% $35 / Sq Ft
06/20/2016 06/20/16 Price Changed $62,000 -7.5% $38 / Sq Ft
05/20/2016 05/20/16 Price Changed $67,000 0.0% $41 / Sq Ft
05/20/2016 05/20/16 For Sale $67,000 +71.8% $41 / Sq Ft
05/20/2016 05/20/16 Off Market $39,000 -- --
05/19/2016 05/19/16 For Sale $72,000 +84.6% $44 / Sq Ft
05/18/2016 05/18/16 Off Market $39,000 -- --
04/16/2016 04/16/16 Price Changed $72,000 -6.5% $44 / Sq Ft
02/23/2016 02/23/16 For Sale $77,000 -- $47 / 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 $2,461 $142,267 $0 $0
2024 $2,353 $136,000 $50,500 $85,500
2023 $2,311 $132,800 $0 $0
2022 $2,283 $129,600 $0 $0
2021 $2,244 $126,400 $50,500 $75,900
2020 $2,261 $126,400 $50,500 $75,900
2019 $2,261 $126,400 $50,500 $75,900
2018 $2,329 $130,200 $63,500 $66,700
2017 $2,296 $128,367 $0 $0
2016 $2,105 $126,533 $0 $0
2015 $2,105 $124,700 $0 $0
2014 $2,130 $124,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001671219

Bright MLS

APN: 03-050246