NOT LISTED FOR SALE

40 Lance Ct Elkton, MD 21921

Estimated Value: $545,000 - $610,000

3 Beds
1.5 Baths
2,724 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $350,000 $128 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,434/month

Highlights

  • 5 Dock Slips
  • Home fronts navigable water
  • Sandy Beach
  • Boat or Launch Ramp
  • Water Access
  • Private Pool

About This Home

As of May 2018

*FOR COMPS PURPOSES ONLY*

Last Agent to Sell the Property

Kristin Lewis

(443) 350-6737 kristinshomes@hotmail.com Integrity Real Estate Listed on: 05/09/2018

Integrity Real Estate

Last Buyer's Agent

Brian Zack

(302) 893-3508 brian@diamondhomegroup.com Garceau Realty

Garceau Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,856

Year Built

  • Built in 1990

Lot Details

  • 1.65 Acre Lot
  • Home fronts navigable water
  • Sandy Beach
  • Property is in very good condition
  • Property is zoned SR

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area
  • Loft
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Private Pool
  • Water Access
  • River Nearby
  • Boat or Launch Ramp
  • Physical Dock Slip Conveys
  • 5 Dock Slips
  • Stream or River on Lot
  • Shared Waterfront

Utilities

  • Cooling System Utilizes Bottled Gas
  • Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Pembrey Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 0805091381

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,856

Year Built

Built in 1990

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Kitchen - Table Space
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Loft
  • Basement: Yes
  • Basement Type: Full
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Dock Type: Multiple Slip
  • Water Access: Yes
  • Water Body Name: ELK RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway, Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane, Electric
  • Heating Type: Heat Pump(s), Central, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 275.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 183000.00
  • Land Assessed Value: 143200.00
  • Lot Size Acres: 1.65
  • Lot Size Area: 71874
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 71874.00
  • Property Condition: Very Good
  • Zoning: SR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4467337
  • Tax Annual Amount: 3855.82
  • Assessor Parcel Number: 0805091381
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Dock Slip Conveyance: First Come - First Served
  • Waterfront Features: Shared, Sandy Beach, Boat/Launch Ramp

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
May 31, 2018
Sold by
Moore Clifford A and Moore Virginia S
Bought by
Mcdonough Matthew J and Mcdonough Brooke L
Seller's Agent
Kristin Lewis
Integrity Real Estate
Buyer's Agent
Brian Zack
Garceau Realty
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$585,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,315
Avg. Annual Appreciation
7.18%
Original Mortgage
$332,500
Outstanding Balance
$287,557
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$297,758

Purchase Details

Closed on
Jul 26, 1991
Sold by
Davitt Baldwin, Inc.
Bought by
Moore Clifford

Purchase Details

Closed on
Mar 1, 1990
Sold by
Davitt Michael
Bought by
Davitt Baldwin, Inc.

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
10.31%
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
Mcdonough Matthew J $350,000 None Available
Moore Clifford $115,100 --
Davitt Baldwin, Inc. $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonough Matthew J $332,500
Previous Owner Davitt Baldwin, Inc. $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $350,000 0.0% $128 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $349,900 -- $128 / 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 $4,159 $387,367 $0 $0
2024 $3,644 $366,133 $0 $0
2023 $3,169 $344,900 $143,200 $201,700
2022 $3,874 $338,667 $0 $0
2021 $3,797 $332,433 $0 $0
2020 $3,822 $326,200 $143,200 $183,000
2019 $3,762 $326,200 $143,200 $183,000
2018 $3,822 $326,200 $143,200 $183,000
2017 $3,709 $334,300 $0 $0
2016 $3,666 $330,667 $0 $0
2015 $3,666 $327,033 $0 $0
2014 $3,911 $323,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000868246

Bright MLS

APN: 05-091381