Seller's Agent in 2022
Kim Simpson
Thyme Real Estate Co LLC
(302) 690-0245
189 Total Sales
4626 Cedar Place Preston, MD 21655
Estimated Value: $229,000 - $280,000
3
Beds
1
Bath
1,008
Sq Ft
$250/Sq Ft
Est. Value
Highlights
- Rambler Architecture
- Stainless Steel Appliances
- Forced Air Heating and Cooling System
- No HOA
About This Home
As of December 2022Welcome to this charming ranch home. Are you looking to downsize? Or maybe you are purchasing your first home? Or looking for an investment property? Then this is the home for you. Many updates include the galley kitchen opening to the breakfast nook. The kitchen features new cabinets, stainless steel appliances, and new flooring. New carpet throughout the home and a brand new tub surround in the bathroom. This charmer offers newer windows, HVAC, and a roof installed within the last several years. This home features a large backyard with an outdoor brick grill.
CONCERNED ABOUT INCREASING INTEREST RATES, DO NOT WORRY, THIS OWNER IS WILLING TO HELP YOU BUY DOWN YOUR RATE!!
This could be the one!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,443
Year Built
- Built in 1973
Lot Details
- 0.57 Acre Lot
- Property is zoned R1
Parking
- Driveway
Home Design
- Rambler Architecture
Interior Spaces
- 1,008 Sq Ft Home
- Property has 1 Level
Kitchen
- Electric Oven or Range
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Cedar Lane Subdivision
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 0604006399
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2022
Closed on
Dec 28, 2022
Sold by
Brown Corrine C
Bought by
Lee Erica M and Lee Garrett E
Seller's Agent
Kim Simpson
Thyme Real Estate Co LLC
Buyer's Agent
Gary Lucks
Keller Williams Realty
List Price
$229,000
Sold Price
$197,000
Premium/Discount to List
-$32,000
-13.97%
Total Days on Market
156
Views
84
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,646
Avg. Annual Appreciation
10.98%
Original Mortgage
$178,275
Outstanding Balance
$173,671
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$77,975
Purchase Details
Closed on
Apr 14, 1993
Sold by
Watson Stuart H
Bought by
Brown Corrine C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,400
Interest Rate
7.57%
Purchase Details
Closed on
Aug 21, 1992
Sold by
Eddy William F and Eddy Jean L
Bought by
Watson Stuart H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
7.87%
Purchase Details
Closed on
Apr 28, 1989
Sold by
Porter Deborah Jean
Bought by
Eddy William F and Eddy Jean L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,400
Interest Rate
11.03%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Erica M | $197,000 | Community Title Network | |
| Brown Corrine C | $67,000 | -- | |
| Watson Stuart H | $70,200 | -- | |
| Eddy William F | $69,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Erica M | $178,275 | |
| Previous Owner | Brown Corrine C | $140,250 | |
| Previous Owner | Brown Corrine C | $120,000 | |
| Previous Owner | Brown Corrine C | $67,400 | |
| Previous Owner | Watson Stuart H | $69,500 | |
| Previous Owner | Eddy William F | $69,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2022 12/30/22 | Sold | $197,000 | -12.4% | $195 / Sq Ft |
| 12/19/2022 12/19/22 | Pending | -- | -- | -- |
| 08/27/2022 08/27/22 | Price Changed | $224,900 | 0.0% | $223 / Sq Ft |
| 07/29/2022 07/29/22 | Price Changed | $225,000 | -1.7% | $223 / Sq Ft |
| 07/15/2022 07/15/22 | For Sale | $229,000 | -- | $227 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,717 | $151,767 | $0 | $0 |
| 2023 | $1,495 | $131,400 | $52,000 | $79,400 |
| 2022 | $1,443 | $126,633 | $0 | $0 |
| 2021 | $1,339 | $121,867 | $0 | $0 |
| 2020 | $1,339 | $117,100 | $52,000 | $65,100 |
| 2019 | $1,278 | $111,533 | $0 | $0 |
| 2018 | $1,217 | $105,967 | $0 | $0 |
| 2017 | $1,156 | $100,400 | $0 | $0 |
| 2016 | -- | $100,400 | $0 | $0 |
| 2015 | $1,157 | $100,400 | $0 | $0 |
| 2014 | $1,157 | $109,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Simpson
-
Gary Lucks
G
Buyer's Agent in 2022
Gary Lucks
Keller Williams Realty
(410) 251-0985
25 Total Sales
Map
Source: Bright MLS
MLS Number: MDCM2001984
APN: 04-006399
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