NOT LISTED FOR SALE

56 Racine Rd North East, MD 21901

Estimated Value: $394,000 - $486,000

3 Beds
2 Baths
1,824 Sq Ft
$233/Sq Ft Est. Value

Last Sold September 05, 2019

Last sale price $275,000 $151 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,612/month

39 Days on Market

Highlights

  • Home fronts navigable water
  • Upgraded Countertops
  • 2 Car Direct Access Garage
  • Private Water Access
  • Screened Porch
  • Eat-In Kitchen

About This Home

As of September 2019

Situated in the water front community of Chesapeake Isle. Beautifully updated 3 bedroom home features living room dining room combo with vaulted ceilings. Large eat-in kitchen with plenty of natural light and oversized walk in pantry, granite counter tops, backsplash and stainless steel appliances. The generous sized master bedroom has a brand new bathroom and a private screened in porch. The lower level has two additional bedrooms, one with a connecting full bathroom. It has a family room with access to the back deck and rear yard. The unfinished basement is great for storage as well as the 2-car garage. The wrap around deck has breath taking views of the Elk River! Don't miss your opportunity to live where you play! Community has a private beach, swimming, great for boating and kayaks! Conveniently located to Turkey Point Lighthouse, Elk Neck State Park and the town of North East. Updates include fresh paint, new flooring, kitchen, master bathroom, interior doors and whole house water filter.

Last Agent to Sell the Property

Angela Allen

Patterson-Schwartz-Hockessin License #RA-0031073 Listed on: 06/25/2019

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Sara Hayes

Samson Properties License #503910

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 1977

Lot Details

  • 0.46 Acre Lot
  • Home fronts navigable water
  • Property is zoned RR

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Split Foyer
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,824 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch
  • Carpet
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Upgraded Countertops

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Outdoor Features

  • Private Water Access
  • River Nearby
  • Swimming Allowed

Schools

  • North East Elementary And Middle School
  • North East High School

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Well
  • On Site Septic

Community Details

  • Rolling Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-025400

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,400

Year Built

Built in 1977

Lot Details

0

HOA Fees

$16 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Inclusions: See Inclusion List
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1977
  • Remarks Public: Situated in the water front community of Chesapeake Isle. Beautifully updated 3 bedroom home features living room dining room combo with vaulted ceilings. Large eat-in kitchen with plenty of natural light and oversized walk in pantry, granite counter tops, backsplash and stainless steel appliances. The generous sized master bedroom has a brand new bathroom and a private screened in porch. The lower level has two additional bedrooms, one with a connecting full bathroom. It has a family room with access to the back deck and rear yard. The unfinished basement is great for storage as well as the 2-car garage. The wrap around deck has breath taking views of the Elk River! Don't miss your opportunity to live where you play! Community has a private beach, swimming, great for boating and kayaks! Conveniently located to Turkey Point Lighthouse, Elk Neck State Park and the town of North East. Updates include fresh paint, new flooring, kitchen, master bathroom, interior doors and whole house water filter.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-Ins, Carpet, Combination Dining/Living, Kitchen - Eat-In, Primary Bath(s), Upgraded Countertops
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Screened Porch
  • Basement: Yes
  • Basement Type: Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1824
  • Living Area Sq Ft: 1824
  • Price Per Sq Ft: 156.25
  • Above Grade Finished Sq Ft: 1824
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 56

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Metal
  • Water Access Features: Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Elk River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 188.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • Elementary School: NORTH EAST
  • Middle School: NORTH EAST
  • High School: NORTH EAST
  • School District Key: 121139799812
  • School District Source: Listing Agent
  • Elementary School: NORTH EAST
  • High School: NORTH EAST
  • Middle Or Junior School: NORTH EAST

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19994.00
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4462437
  • Tax Annual Amount: 2400.00
  • Assessor Parcel Number: 05-025400
  • Tax Year: 2019
  • Close Date: 09/05/2019

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Sep 5, 2019
Sold by
Quillen Robert P
Bought by
Mitrani Doris Lea and Thon Richard Mcmichael
Seller's Agent
Angela Allen
Patterson-Schwartz-Hockessin
Buyer's Agent
Sara Hayes
Samson Properties
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Current Estimated Value
$425,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,505
Avg. Annual Appreciation
7.58%

Purchase Details

Listed on
Jan 17, 2018
Closed on
Aug 2, 2018
Sold by
Strickland Deborah Tenaro and Strickland Paul E
Bought by
Quillen Robert P
Seller's Agent
Sara Hayes
Samson Properties
Buyer's Agent
Angela Allen
Patterson-Schwartz-Hockessin
List Price
$278,500
Sold Price
$255,000
Premium/Discount to List
-$23,500
-8.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$242,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2014
Closed on
Jun 10, 2015
Sold by
Duckenfield Shirley J
Bought by
Strickland Deborah Tenaro and Strickland Paul E
Seller's Agent
Ed Campbell
Beiler-Campbell Realtors-Oxford
Buyer's Agent
Ed Campbell
Beiler-Campbell Realtors-Oxford
List Price
$219,900
Sold Price
$209,000
Premium/Discount to List
-$10,900
-4.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$138,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 15, 1982
Sold by
Frazier Jack W and Mary Ellen
Bought by
Duckenfield James A and Duckenfield Shirley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
17.19%

Purchase Details

Closed on
Sep 12, 1980
Sold by
Fulton Jeni J
Bought by
Frazier Jack W and Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
13.08%
Source: Public Records

Range of Values:

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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
Mitrani Doris Lea $275,000 Kirsh Title Services Inc
Quillen Robert P $255,000 Kirsh Title Services
Strickland Deborah Tenaro $209,000 Kirsh Title Services Inc
Duckenfield James A $69,500 --
Frazier Jack W $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quillen Robert P $242,250
Previous Owner Strickland Paul E $187,000
Previous Owner Strickland Deborah Tenaro $138,000
Previous Owner Duckenfield James A $34,000
Previous Owner Frazier Jack W $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2019 09/05/19 Sold $275,000 -3.5% $151 / Sq Ft
08/03/2019 08/03/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $285,000 +11.8% $156 / Sq Ft
08/01/2018 08/01/18 Sold $255,000 -1.4% $129 / Sq Ft
06/24/2018 06/24/18 Pending -- -- --
03/12/2018 03/12/18 Price Changed $258,500 -7.2% $130 / Sq Ft
01/17/2018 01/17/18 For Sale $278,500 0.0% $140 / Sq Ft
12/29/2017 12/29/17 Price Changed $278,500 +33.3% $140 / Sq Ft
06/25/2015 06/25/15 Sold $209,000 0.0% $111 / Sq Ft
04/18/2015 04/18/15 Pending -- -- --
03/07/2015 03/07/15 Price Changed $209,000 -5.0% $111 / Sq Ft
09/25/2014 09/25/14 For Sale $219,900 -- $117 / 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 $3,328 $298,600 $0 $0
2024 $3,146 $282,000 $0 $0
2023 $2,991 $265,400 $107,000 $158,400
2022 $2,847 $247,467 $0 $0
2021 $2,676 $229,533 $0 $0
2020 $2,501 $211,600 $90,000 $121,600
2019 $2,400 $208,100 $0 $0
2018 $2,420 $204,600 $0 $0
2017 $2,279 $201,100 $0 $0
2016 $2,278 $201,100 $0 $0
2015 $2,278 $201,100 $0 $0
2014 $2,474 $209,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC164900

Bright MLS

APN: 05-025400