NOT LISTED FOR SALE

7 Illini Way Rising Sun, MD 21911

Estimated Value: $324,494 - $345,000

3 Beds
2 Baths
1,500 Sq Ft
$223/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $295,000 $197 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,943/month

Highlights

  • Gourmet Kitchen
  • Backs to Trees or Woods
  • Main Floor Bedroom
  • Open Floorplan
  • Wood Flooring
  • Mud Room

About This Home

As of July 2020

Welcome to 7 Illini Way situated in the quiet and secluded neighborhood of Octaria Lake. You will fall in love with this very unique property. Relax in the second story sun room, or on one of the three composite decks to watch the wildlife in the forest. Home backs to trees with a large front yard featuring two grape arbors. It's a double lot and one of the largest in the neighborhood. It's a landscapers dream with rock formations and unlimited potential. The interior has been beautifully restored and tastefully decorated and painted in soft greys. New stainless steel appliances and granite countertops highlight the lovely new grey cabinets in the kitchen. Home features two first floor bedrooms, and two first floor bathrooms. Third bedroom on second floor has wonderful view of wooded lot. The lower level features a Vermont casting Vigilant Wood Stove and and an amazing custom built in hutch. A slider leads to a great view from one of the 3 decks. Garage has 11.5 foot ceilings to accommodate plenty of overhead storage, kayaks, or bikes. $80 optional neighborhood association fee gives owner ability to book the pavilion for private functions, access the 3 ponds, walking trails, and Octaria Creek for tubing or viewing. There is an ice cream truck that drives through the neighborhood 9 months out the year which gives it a real home town feel. Please come see the special home, I think you will fall in love!

Last Agent to Sell the Property

Jennifer Ingool

(410) 236-5661 jen.ingool@compass.com Compass Listed on: 06/04/2020

Compass

Last Buyer's Agent

Jill Ingram

(410) 591-6897 jillisyourrealtor@gmail.com Cummings & Co. Realtors License #662477

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,871

Year Built

  • Built in 1972 | Remodeled in 2020

Lot Details

  • 0.95 Acre Lot
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned RR

Parking

  • 1 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Driveway

Home Design

  • Bungalow
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Municipal Trash
  • On Site Septic

Community Details

  • No Home Owners Association
  • Octoraro Lakes Subdivision

Listing and Financial Details

  • Tax Lot 133
  • Assessor Parcel Number 0808001448

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,871

Year Built

Built in 1972 | Remodeled in 2020

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-06-07
  • Federal Flood Zone: No
  • Year Built: 1972
  • Year Renovated: 2020
  • Building Winterized: No
  • Remarks Public: Welcome to 7 Illini Way situated in the quiet and secluded neighborhood of Octaria Lake. You will fall in love with this very unique property. Relax in the second story sun room, or on one of the three composite decks to watch the wildlife in the forest. Home backs to trees with a large front yard featuring two grape arbors. It's a double lot and one of the largest in the neighborhood. It's a landscapers dream with rock formations and unlimited potential. The interior has been beautifully restored and tastefully decorated and painted in soft greys. New stainless steel appliances and granite countertops highlight the lovely new grey cabinets in the kitchen. Home features two first floor bedrooms, and two first floor bathrooms. Third bedroom on second floor has wonderful view of wooded lot. The lower level features a Vermont casting Vigilant Wood Stove and and an amazing custom built in hutch. A slider leads to a great view from one of the 3 decks. Garage has 11.5 foot ceilings to accommodate plenty of overhead storage, kayaks, or bikes. $80 optional neighborhood association fee gives owner ability to book the pavilion for private functions, access the 3 ponds, walking trails, and Octaria Creek for tubing or viewing. There is an ice cream truck that drives through the neighborhood 9 months out the year which gives it a real home town feel. Please come see the special home, I think you will fall in love!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Built-In Microwave, Energy Star Refrigerator, Exhaust Fan, Oven/Range - Electric, Stainless Steel Appliances, Water Heater, Dryer, Washer
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Carpet, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Wood Floors, Ceiling Fan(s)
  • Fireplace: No
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Mud Room
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 1836
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 236.38
  • Above Grade Finished Sq Ft: 1248
  • Below Grade Finished Sq Ft: 252
  • Below Grade Sq Ft: 336
  • Total Below Grade Sq Ft: 588
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Metal
  • Spa: 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
  • Garage Features: Additional Storage Area, Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • 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: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 97300.00
  • Land Assessed Value: 63600.00
  • Land Use Code: 110
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.95
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 41382.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RR
  • Zoning Description: Residential
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4479037
  • Tax Annual Amount: 1871.00
  • Assessor Parcel Number: 0808001448
  • Tax Lot: 133
  • Tax Total Finished Sq Ft: 1500
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/24/2020

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 24, 2020
Sold by
Ingool Ronald J and Ingool Vera G
Bought by
Baker Katelynn and Baker Levi
Seller's Agent
Jennifer Ingool
Compass
Buyer's Agent
Jill Ingram
Cummings & Co. Realtors
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$334,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,874
Avg. Annual Appreciation
2.44%
Original Mortgage
$286,150
Outstanding Balance
$253,739
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$81,135

Purchase Details

Listed on
Jan 7, 2019
Closed on
Feb 5, 2019
Sold by
Pnc Bank National Association
Bought by
Ingool Ronald J and Ingool Vera G
Seller's Agent
Mike McGavisk
Empower Real Estate, LLC
Buyer's Agent
Jennifer Ingool
Compass
List Price
$69,825
Sold Price
$66,500
Premium/Discount to List
-$3,325
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
189.83%

Purchase Details

Closed on
Sep 20, 2018
Sold by
Irvine Christopher K and Martin Barbara
Bought by
Pnc Bank Na

Purchase Details

Closed on
Jun 1, 2005
Sold by
Martin Barbara and Martin Christopher
Bought by
Martin Barbara
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
Baker Katelynn $295,000 Real Estate Setmnt & Escrow
Ingool Ronald J $66,500 None Available
Pnc Bank Na $63,750 None Available
Martin Barbara -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Katelynn $286,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2020 07/24/20 Sold $295,000 0.0% $197 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $295,000 +343.6% $197 / Sq Ft
03/01/2019 03/01/19 Sold $66,500 -4.8% $44 / Sq Ft View Prior Sale
01/23/2019 01/23/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $69,825 -- $47 / 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 $2,072 $208,500 $63,600 $144,900
2024 $1,635 $192,633 $0 $0
2023 $1,219 $176,767 $0 $0
2022 $1,872 $160,900 $63,600 $97,300
2021 $1,835 $159,633 $0 $0
2020 $1,887 $158,367 $0 $0
2019 $1,812 $157,100 $63,600 $93,500
2018 $1,845 $154,800 $0 $0
2017 $1,717 $152,500 $0 $0
2016 $1,716 $150,200 $0 $0
2015 $1,716 $150,200 $0 $0
2014 $1,699 $150,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC169246

Bright MLS

APN: 08-001448