NOT LISTED FOR SALE

4 Illini Way Rising Sun, MD 21911

Estimated Value: $362,595 - $430,000

3 Beds
3 Baths
2,100 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $270,000 $129 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,384/month

Highlights

  • Contemporary Architecture
  • Game Room
  • Level Entry For Accessibility
  • 1 Fireplace
  • Den
  • Picnic Area

About This Home

As of July 2018

Don't miss this beautiful home at great price. Contemporary house w/ fenced yard, long driveway, storage shed and flat back yard. Inside find granite counters, hardwood floors, beautiful fireplace in vaulted living room, picture windows and huge deck with view of nature. 3 full baths w/ ceramic tile and potential 4th bedroom. Dry Walk out basement. Quality appliances. New Hi Tech Hot Water Heater.

Last Agent to Sell the Property

Al Peteraf

(443) 742-3352 integrityhdg@gmail.com Integrity Real Estate Listed on: 04/27/2018

Integrity Real Estate

Last Buyer's Agent

Stacy May

(443) 619-7355 stacymayremax@gmail.com RE/MAX Chesapeake License #656559

RE/MAX Chesapeake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,317

Year Built

  • Built in 1982

Lot Details

  • 0.66 Acre Lot
  • Property is in very good condition
  • Property is zoned RR

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Game Room
  • Finished Basement
  • Side Basement Entry

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Level Entry For Accessibility
  • Shed

Listing and Financial Details

  • Tax Lot 220
  • Assessor Parcel Number 0808005206

Community Details

Overview

  • Octoraro Lakes Subdivision

Amenities

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,317

Year Built

Built in 1982

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-04-27
  • Year Built: 1982
  • Remarks Public: Don't miss this beautiful home at great price. Contemporary house w/ fenced yard, long driveway, storage shed and flat back yard. Inside find granite counters, hardwood floors, beautiful fireplace in vaulted living room, picture windows and huge deck with view of nature. 3 full baths w/ ceramic tile and potential 4th bedroom. Dry Walk out basement. Quality appliances. New Hi Tech Hot Water Heater.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Oven/Range - Electric, Washer
  • Interior Amenities: Combination Kitchen/Dining
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Game Room, Family Room, Study
  • Basement: Yes
  • Basement Type: Side Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 4

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Wood Siding
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 40.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Picnic Area
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • School District Key: 121139799812

Lot Info

  • Improvement Assessed Value: 146200.00
  • Land Assessed Value: 66300.00
  • Lot Size Acres: 0.66
  • Lot Size Area: 28793
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28793.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4479349
  • Tax Annual Amount: 2317.18
  • Assessor Parcel Number: 0808005206
  • Tax Lot: 220
  • Tax Total Finished Sq Ft: 1500
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/20/2018

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2018
Closed on
Jul 20, 2018
Sold by
Salzano Ethan J and Salzano Sharon M
Bought by
Williams Bryce
Seller's Agent
Al Peteraf
Integrity Real Estate
Buyer's Agent
Stacy May
RE/MAX Chesapeake
List Price
$269,900
Sold Price
$270,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$402,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,399
Avg. Annual Appreciation
5.65%
Original Mortgage
$272,727
Outstanding Balance
$236,359
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$166,040

Purchase Details

Listed on
Jul 23, 2013
Closed on
Oct 25, 2013
Sold by
Lehmer Thomas E
Bought by
Salzano Ethan J and Woodall Sharon M
Seller's Agent
Norman Wehner
Real-Trust-Associates, LLC.
Buyer's Agent
Al Peteraf
Integrity Real Estate
List Price
$234,900
Sold Price
$230,000
Premium/Discount to List
-$4,900
-2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%
Original Mortgage
$234,945
Interest Rate
4.36%
Mortgage Type
VA

Purchase Details

Closed on
Mar 11, 2002
Sold by
Sumwalt Eric G
Bought by
Lehmer Thomas E

Purchase Details

Closed on
Mar 25, 1996
Sold by
Sumwalt Eric G and Sumwalt Niicole L
Bought by
Sumwalt Eric G

Purchase Details

Closed on
Dec 13, 1994
Sold by
Sec Hud
Bought by
Sumwait Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,900
Interest Rate
9%
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
Williams Bryce $270,000 Liberty Title Services Llc
Salzano Ethan J $230,000 Venus Title Llc
Lehmer Thomas E $117,900 --
Sumwalt Eric G -- --
Sumwait Eric $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Bryce $272,727
Previous Owner Salzano Ethan J $234,945
Previous Owner Sumwait Eric $84,900
Closed Sumwalt Eric G --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2018 07/20/18 Sold $270,000 +3.9% $129 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
06/04/2018 06/04/18 Price Changed $259,900 -3.7% $124 / Sq Ft
05/26/2018 05/26/18 Price Changed $269,900 0.0% $129 / Sq Ft
05/26/2018 05/26/18 For Sale $269,900 +3.8% $129 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $259,900 +13.0% $124 / Sq Ft
10/25/2013 10/25/13 Sold $230,000 -2.1% $110 / Sq Ft View Prior Sale
09/15/2013 09/15/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $234,900 -- $112 / 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 $3,042 $304,200 $66,300 $237,900
2024 $2,573 $288,100 $0 $0
2023 $2,132 $272,000 $0 $0
2022 $2,771 $255,900 $66,300 $189,600
2021 $2,716 $241,433 $0 $0
2020 $2,616 $226,967 $0 $0
2019 $2,451 $212,500 $66,300 $146,200
2018 $2,444 $206,700 $0 $0
2017 $2,213 $200,900 $0 $0
2016 $2,211 $195,100 $0 $0
2015 $2,211 $195,100 $0 $0
2014 $2,115 $195,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000426018

Bright MLS

APN: 08-005206