NOT LISTED FOR SALE

511 Ricketts Mill Rd Elkton, MD 21921

Estimated Value: $968,000 - $1,335,105

5 Beds
3.5 Baths
3,882 Sq Ft
$317/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $820,000 $211 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,081/month

Highlights

  • Guest House
  • In Ground Pool
  • Colonial Architecture
  • Horses Allowed On Property
  • 29.05 Acre Lot
  • 1 Fireplace

About This Home

As of July 2016

ricketts mill. steeped in cecil county history. 29+/- acres with river that gracefully meanders around this stunning country setting. long landscaped drive leads to renovated manor house. complete with pool, barn, fenced pasture & guest house with 6th br & 4th ba. ideal for fishing, duck hunting, horses & listening to the river. drive in and decompress. 30 min to wilmington & 50 to baltimore.

Last Agent to Sell the Property

Heidi Krauss

(410) 935-6881 heidi@krauss.house Krauss Real Property Brokerage License #525124 Listed on: 09/29/2015

Last Buyer's Agent

William Heath

(443) 553-3646 billheathbroker@gmail.com Remax Vision License #RMR002640

Remax Vision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,155

Year Built

  • Built in 1760

Lot Details

  • 29.05 Acre Lot
  • Privacy Fence
  • Property is zoned DR

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Basement
  • Walk-Up Access

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3.5 Bathrooms

Parking

  • Off-Street Parking
  • Surface Parking

Outdoor Features

  • In Ground Pool
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Guest House
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Elkton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0803023060

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,155

Year Built

Built in 1760

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1760
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Walkout Stairs
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Guest House
  • Other Structures List: Guest House
  • Construction Materials: Brick, Frame
  • Pool Features: In Ground
  • Pool Private: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Surface
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Cooling: Yes
  • Heating Fuel: Electric, Oil
  • Heating Type: Baseboard, Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Fencing: Privacy
  • Horse Amenities: Horses Allowed
  • Improvement Assessed Value: 321400.00
  • Land Assessed Value: 236800.00
  • Lot Size Acres: 29.05
  • Lot Size Area: 1265418
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1265418.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Zoning: DR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4449225
  • Tax Annual Amount: 6155.27
  • Assessor Parcel Number: 0803023060
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2015
Closed on
Jul 15, 2016
Sold by
Wittstadt Gerard Wm and Wittstadt Lynn B
Bought by
Wallace Frederick Morgan
Seller's Agent
Heidi Krauss
Krauss Real Property Brokerage
Buyer's Agent
William Heath
Remax Vision
List Price
$997,500
Sold Price
$820,000
Premium/Discount to List
-$177,500
-17.79%
Current Estimated Value
$1,228,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,776
Avg. Annual Appreciation
4.45%
Original Mortgage
$656,000
Outstanding Balance
$523,010
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$705,766

Purchase Details

Closed on
Jul 26, 2006
Sold by
Hislop Donald H
Bought by
Wittstadt Gerard Wm and Wittstadt Lynn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2006
Sold by
Hislop Donald H
Bought by
Wittstadt Gerard Wm and Wittstadt Lynn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2005
Sold by
Hislop Donald H and Hislop Loretta A
Bought by
Hislop Donald H and Hislop Loretta A

Purchase Details

Closed on
Sep 14, 2005
Sold by
Hislop Loretta A
Bought by
Hislop Loretta A

Purchase Details

Closed on
Nov 9, 2001
Sold by
Najera Rolando A
Bought by
Hislop Donald H and Hislop Loretta A

Purchase Details

Closed on
Mar 4, 1996
Sold by
Najera Rolando A and Najera Nancy
Bought by
Najera Rolando A
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
Wallace Frederick Morgan $820,000 Liberty Title Services Llc
Wittstadt Gerard Wm $1,100,000 --
Wittstadt Gerard Wm $1,100,000 --
Hislop Donald H -- --
Hislop Donald H -- --
Hislop Donald H -- --
Hislop Loretta A -- None Available
Hislop Donald H -- None Available
Hislop Doanld H -- None Available
Hislop Donald H $475,000 --
Najera Rolando A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Frederick Morgan $656,000
Previous Owner Wittstadt Gerard Wm $700,000
Previous Owner Wittstadt Gerard Wm $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $820,000 -3.4% $211 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/05/2016 04/05/16 Price Changed $849,000 -10.6% $219 / Sq Ft
03/25/2016 03/25/16 Price Changed $949,800 -2.3% $245 / Sq Ft
03/14/2016 03/14/16 Price Changed $972,500 -2.5% $251 / Sq Ft
09/29/2015 09/29/15 For Sale $997,500 -- $257 / 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 $7,421 $909,067 $0 $0
2024 $6,702 $841,700 $135,700 $706,000
2023 $5,701 $793,367 $0 $0
2022 $6,422 $745,033 $0 $0
2021 $6,293 $808,900 $247,900 $561,000
2020 $6,904 $705,700 $0 $0
2019 $6,357 $602,500 $0 $0
2018 $5,819 $499,300 $150,200 $349,100
2017 $6,797 $584,067 $0 $0
2016 $6,215 $571,133 $0 $0
2015 $6,215 $558,200 $0 $0
2014 $5,154 $558,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heidi Krauss

    Seller's Agent in 2016

    Heidi Krauss

    Krauss Real Property Brokerage

    (410) 935-6881

    298 Total Sales

    Heidi Krauss
    Section Image
  • William Heath

    Buyer's Agent in 2016

    William Heath

    RE/MAX

    (443) 553-3646

    50 in this area

    129 Total Sales

    William Heath
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001670027

Bright MLS

APN: 03-023060

Maryland Cecil County Elkton 21921

511 Ricketts Mill Rd, Elkton, MD

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