NOT LISTED FOR SALE

502 Mace Ave Essex, MD 21221

Estimated Value: $302,440 - $326,000

3 Beds
2 Baths
1,535 Sq Ft
$206/Sq Ft Est. Value

Last Sold November 08, 2012

Last sale price $160,000 $104 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,006/month

72 Days on Market

Highlights

  • Cape Cod Architecture
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Deck
  • Space For Rooms
  • No HOA

About This Home

As of November 2012

This beautifully updated brick cape cod is better than new! Updated kitchen feature granite counters, breakfast bar, & spacious dining area. Attractive double doors open to a large deck & fenced yard. Large living room & 2 bedrooms on main floor make this a perfect home for one-floor living. Main floor bath completely redone, unfinished lower level w/ full bath & laundry area.Driveway & garage.

Last Agent to Sell the Property

Michele Reid

Cummings & Co. Realtors License #500722 Listed on: 07/25/2012

Cummings & Co. Realtors

Last Buyer's Agent

Barbara Bissett

Coldwell Banker Realty License #MRIS:89294

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,824

Year Built

  • Built in 1947

Lot Details

  • 5,000 Sq Ft Lot
  • Back Yard Fenced
  • Property is in very good condition

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Window Treatments
  • Atrium Doors
  • Six Panel Doors
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Connecting Stairway
  • Sump Pump
  • Space For Rooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 7
  • Assessor Parcel Number 04151523750130

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,824

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Kitchen - Eat-In, Window Treatments, Entry Level Bedroom, Upgraded Countertops, Floor Plan - Traditional
  • Fireplace: No
  • Door Features: Atrium, Six Panel
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1
  • Basement: Yes
  • Basement Type: Connecting Stairway, Sump Pump, Space For Rooms, Unfinished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 88100.00
  • Land Assessed Value: 73000.00
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2012

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11909182
  • Tax Annual Amount: 2823.89
  • Assessor Parcel Number: 04151523750130
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 1535
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 11/08/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2012
Closed on
Nov 8, 2012
Sold by
Jones Bradley W and Paul Judy A
Bought by
Malabanan Lorena and Malabanan Jayson
Seller's Agent
Michele Reid
Cummings & Co. Realtors
Buyer's Agent
Barbara Bissett
Coldwell Banker Realty
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Current Estimated Value
$316,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,110
Avg. Annual Appreciation
5.50%
Original Mortgage
$157,102
Interest Rate
3.42%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2001
Sold by
Jones Bradley W
Bought by
Jones Bradley W

Purchase Details

Closed on
Sep 7, 1999
Sold by
Chase Manhattan Bank
Bought by
Jones Bradley W

Purchase Details

Closed on
Jun 3, 1999
Sold by
Shaffer William Lee
Bought by
Chase Manhattan Bank

Purchase Details

Closed on
Mar 6, 1997
Sold by
Shaffer William Lee
Bought by
Shaffer William Lee
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
Malabanan Lorena $160,000 None Available
Jones Bradley W -- --
Jones Bradley W $74,900 --
Chase Manhattan Bank $74,974 --
Shaffer William Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malabanan Lorena $152,500
Closed Malabanan Lorena $161,731
Closed Malabanan Lorena $157,102
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2012 11/08/12 Sold $160,000 -3.0% $104 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
08/21/2012 08/21/12 Price Changed $165,000 -5.7% $107 / Sq Ft
07/25/2012 07/25/12 For Sale $175,000 -- $114 / 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 $3,401 $220,667 -- --
2024 $3,401 $202,933 $0 $0
2023 $1,774 $185,200 $73,000 $112,200
2022 $3,282 $180,267 $0 $0
2021 $3,056 $175,333 $0 $0
2020 $2,756 $170,400 $73,000 $97,400
2019 $2,065 $170,400 $73,000 $97,400
2018 $3,540 $170,400 $73,000 $97,400
2017 $2,787 $170,400 $0 $0
2016 $1,869 $167,300 $0 $0
2015 $1,869 $164,200 $0 $0
2014 $1,869 $161,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004091366

Bright MLS

APN: 15-1523750130