NOT LISTED FOR SALE

66 Casparus Way Elkton, MD 21921

Estimated Value: $639,000 - $754,000

5 Beds
3.5 Baths
3,462 Sq Ft
$204/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $575,000 $166 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,218/month

Highlights

  • Home fronts navigable water
  • In Ground Pool
  • Post and Beam
  • Water Access
  • 3.34 Acre Lot
  • 1 Fireplace

About This Home

As of October 2021

***REDUCED PRICE***
This beautiful home is located in a water oriented neighborhood on the Elk River. Amenities in this neighborhood include a marina, beach with floating dock and deeded boat slips. The North East river, as well as several marinas are also located just minutes away!
You will instantly fall in love with this 3 story post and beam custom built home the moment you walk in the front door. The soaring two-story foyer is filled with lots of natural sunlight that beams through the Palladium window. The stunning two-story fireplace is the perfect place to relax in the winters. The open floor plan as well as two outside decks are perfect for entertaining. The second floor has a large master bedroom with ensuite, laundry room, two additional bedrooms and another full bathroom. The full finished basement can be used as an in-law suite or an apartment. It includes a kitchen, sitting area, full bathroom and two bedrooms that were all updated in 2020.
The backyard is a homeowners paradise with lush rolling hill views, as well as a fenced in pool area that includes a 20x40 salt water pool with tanning shelf, a large pool deck and a fire pit.
Updates: Sump pump 2020, new A/C coil, well pressure tank, water softener and reverse osmosis system, new appliances, new doors, some new windows, new carpet, new tiles and new Trex deck.
Pest inspection was done March 2021 for refinance.

Last Agent to Sell the Property

Leslie Mathias

(443) 877-0072 lmathias@kw.com American Premier Realty, LLC Listed on: 07/28/2021

American Premier Realty, LLC

Last Buyer's Agent

Alex Modaressi

(240) 498-0289 connectalexm@gmail.com RE/MAX Distinctive Real Estate, Inc.

RE/MAX Distinctive Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,553

Year Built

  • Built in 1991

Lot Details

  • 3.34 Acre Lot
  • Home fronts navigable water
  • Property is zoned LDR

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Post and Beam

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Water Access
  • River Nearby

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Well
  • Propane Water Heater
  • Private Sewer

Community Details

  • St. Johns Manor Subdivision

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 0805072042

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,553

Year Built

Built in 1991

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Post & Beam
  • Ownership: Fee Simple
  • Exclusions: Washer & Dryer
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-07-31
  • Federal Flood Zone: No
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Remarks Public: ***REDUCED PRICE*** This beautiful home is located in a water oriented neighborhood on the Elk River. Amenities in this neighborhood include a marina, beach with floating dock and deeded boat slips. The North East river, as well as several marinas are also located just minutes away! You will instantly fall in love with this 3 story post and beam custom built home the moment you walk in the front door. The soaring two-story foyer is filled with lots of natural sunlight that beams through the Palladium window. The stunning two-story fireplace is the perfect place to relax in the winters. The open floor plan as well as two outside decks are perfect for entertaining. The second floor has a large master bedroom with ensuite, laundry room, two additional bedrooms and another full bathroom. The full finished basement can be used as an in-law suite or an apartment. It includes a kitchen, sitting area, full bathroom and two bedrooms that were all updated in 2020. The backyard is a homeowners paradise with lush rolling hill views, as well as a fenced in pool area that includes a 20x40 salt water pool with tanning shelf, a large pool deck and a fire pit. Updates: Sump pump 2020, new A/C coil, well pressure tank, water softener and reverse osmosis system, new appliances, new doors, some new windows, new carpet, new tiles and new Trex deck. Pest inspection was done March 2021 for refinance.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3733
  • Living Area Sq Ft: 3462
  • Price Per Sq Ft: 224.53
  • Above Grade Finished Sq Ft: 2650
  • Below Grade Finished Sq Ft: 812
  • Below Grade Sq Ft: 271
  • Total Below Grade Sq Ft: 1083
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 66

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Pool Features: Fenced, In Ground
  • 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
  • Garage Features: Garage - Side Entry
  • 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
  • Heating Fuel: Propane - Owned
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Private Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • School District Key: 121139799812
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 281800.00
  • Land Assessed Value: 134900.00
  • Land Use Code: 110
  • Lot Size Acres: 3.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 145490.00
  • Year Assessed: 2021
  • Zoning: LDR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4466028
  • Tax Annual Amount: 4553.00
  • Assessor Parcel Number: 0805072042
  • Tax Lot: 53
  • Tax Total Finished Sq Ft: 3462
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/08/2021

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Oct 8, 2021
Sold by
Sheaffer Naithan A and Sheaffer Tawnya
Bought by
Jennings Charles and Jennings Mallory
Seller's Agent
Leslie Mathias
American Premier Realty, LLC
Buyer's Agent
Alex Modaressi
RE/MAX Distinctive Real Estate, Inc.
List Price
$650,000
Sold Price
$575,000
Premium/Discount to List
-$75,000
-11.54%
Current Estimated Value
$707,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,024
Avg. Annual Appreciation
5.30%
Original Mortgage
$588,771
Outstanding Balance
$536,904
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$170,120

Purchase Details

Listed on
Nov 28, 2016
Closed on
Jan 11, 2017
Sold by
Adams Austin R
Bought by
Sheaffer Tawnya and Sheaffer Naithan A
Seller's Agent
Tinamarie Reamy
Coldwell Banker Chesapeake Real Estate
Buyer's Agent
Michael Haritos
EXP Realty, LLC
List Price
$407,999
Sold Price
$395,000
Premium/Discount to List
-$12,999
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$395,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 1999
Sold by
Adams Austin R and Adams Lauren C
Bought by
Adams Austin R

Purchase Details

Closed on
Oct 7, 1988
Sold by
Smith Dorothy M
Bought by
Adams Austin R and Adams Lauren C

Purchase Details

Closed on
Apr 11, 1981
Sold by
Lockhart Leonard H
Bought by
Smith Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
15.5%
Source: Public Records

Range of Values:

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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
Jennings Charles $575,000 Kirsh Title Services Inc
Sheaffer Tawnya $395,000 Global Title Inc
Adams Austin R -- --
Adams Austin R $58,900 --
Smith Dorothy M $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennings Charles $588,771
Previous Owner Sheaffer Tawnya $395,000
Previous Owner Smith Dorothy M $7,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $575,000 -3.4% $166 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
09/02/2021 09/02/21 Price Changed $595,000 -4.8% $172 / Sq Ft
08/19/2021 08/19/21 Price Changed $625,000 -3.8% $181 / Sq Ft
07/28/2021 07/28/21 For Sale $650,000 +64.6% $188 / Sq Ft
01/12/2017 01/12/17 Sold $395,000 -3.2% $149 / Sq Ft View Prior Sale
11/28/2016 11/28/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $407,999 -- $154 / 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 $5,571 $503,567 $0 $0
2024 $4,746 $460,133 $0 $0
2023 $3,962 $416,700 $134,900 $281,800
2022 $4,652 $407,667 $0 $0
2021 $4,558 $398,633 $0 $0
2020 $8,987 $389,600 $134,900 $254,700
2019 $4,374 $379,200 $0 $0
2018 $4,314 $368,800 $0 $0
2017 $4,001 $358,400 $0 $0
2016 $4,001 $357,133 $0 $0
2015 $4,001 $355,867 $0 $0
2014 $4,214 $354,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC2000446

Bright MLS

APN: 05-072042