NOT LISTED FOR SALE

7 Schoolhouse Ln Georgetown, MD 21930

Estimated Value: $89,000 - $182,729

3 Beds
1 Bath
990 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $120,000 $121 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $814/month

3 Days on Market

Highlights

  • No HOA
  • Bungalow
  • East Facing Home
  • Living Room
  • 90% Forced Air Heating and Cooling System

About This Home

As of May 2023

Cozy bungalow in the quaint village of Fredricktown - very close to the Sassafras River and it's marinas and restaurants. Main floor bedroom and bath with two additional bedrooms on the second floor. Recent improvements include a well, heat pump with air conditioning, retaining wall with safety railing.

Last Agent to Sell the Property

Steve Parker

(443) 309-1042 Steve@LCParkerrealestate.com L. C. Parker Real Estate License #22156 Listed on: 05/12/2023

Last Buyer's Agent

Joe Avampato

(410) 652-2848 josephavampato@gmail.com Alberti Realty, LLC License #RS-0037117

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $948

Year Built

  • Built in 1935

Lot Details

  • 8,640 Sq Ft Lot
  • East Facing Home
  • Property is zoned VR

Home Design

  • Bungalow
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 990 Sq Ft Home
  • Property has 1.5 Levels
  • Living Room
  • Electric Oven or Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Full Bathroom

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Schools

  • Cecilton Elementary School
  • Bo Manor Middle School
  • Bo Manor High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0801022393

Home Details

Home Type

Single Family

Est. Annual Taxes

$948

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Remarks Public: Cozy bungalow in the quaint village of Fredricktown - very close to the Sassafras River and it's marinas and restaurants. Main floor bedroom and bath with two additional bedrooms on the second floor. Recent improvements include a well, heat pump with air conditioning, retaining wall with safety railing.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 1.5
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 3
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 990
  • Living Area Sq Ft: 990
  • Price Per Sq Ft: 136.36
  • Above Grade Finished Sq Ft: 990
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • Elementary School: CECILTON
  • Middle School: BO MANOR
  • High School: BO MANOR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139799812
  • School District Source: Listing Agent
  • Elementary School: CECILTON
  • High School: BO MANOR
  • Middle Or Junior School: BO MANOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 46900.00
  • Land Assessed Value: 34500.00
  • Land Use Code: R
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8640.00
  • Year Assessed: 2023
  • Zoning: VR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4440059
  • Tax Annual Amount: 948.00
  • Assessor Parcel Number: 0801022393
  • Tax Total Finished Sq Ft: 990
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/23/2023

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
May 23, 2023
Sold by
Sassafras Group Properties Llc
Bought by
Mce Properties Llc
Seller's Agent
Steve Parker
L. C. Parker Real Estate
Buyer's Agent
Joe Avampato
Alberti Realty, LLC
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%
Views
48
Current Estimated Value
$136,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,932
Avg. Annual Appreciation
5.65%
Original Mortgage
$130,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2021
Sold by
Miller Danielle E and Miller Derric S
Bought by
Sassafras Group Properties Llc

Purchase Details

Closed on
Dec 21, 2020
Sold by
Hodge Elizabeth W
Bought by
Miller Danielle E and Miller Derrick S

Purchase Details

Listed on
May 19, 2014
Closed on
Feb 13, 2015
Sold by
Jpmorgan Chase Bank National Association
Bought by
Hodge Elizabeth W
Seller's Agent
Aaron Butler
Real Estate Consultants
Buyer's Agent
Steve Parker
L. C. Parker Real Estate
List Price
$44,900
Sold Price
$25,000
Premium/Discount to List
-$19,900
-44.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.33%

Purchase Details

Closed on
Dec 9, 2013
Sold by
Young Aretha R and Young Robert F
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Oct 30, 1997
Sold by
Young Robert F
Bought by
Young Robert F and Young Aretha R
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
Mce Properties Llc $120,000 Fidelity National Title
Sassafras Group Properties Llc -- None Available
Miller Danielle E -- None Available
Hodge Elizabeth W $25,000 Advantage Title Company
Jpmorgan Chase Bank National Association $63,690 None Available
Young Robert F -- --
Young Robert F -- --
Young Robert F & P R Of Estate -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mce Properties Llc $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2023 05/23/23 Sold $120,000 -11.1% $121 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $135,000 +440.0% $136 / Sq Ft
02/25/2015 02/25/15 Sold $25,000 -16.4% -- View Prior Sale
01/15/2015 01/15/15 Pending -- -- --
12/12/2014 12/12/14 Price Changed $29,900 -25.1% --
09/27/2014 09/27/14 Price Changed $39,900 -11.1% --
09/23/2014 09/23/14 For Sale $44,900 +79.6% --
09/16/2014 09/16/14 Off Market $25,000 -- --
08/19/2014 08/19/14 Price Changed $44,900 -8.4% --
07/10/2014 07/10/14 Price Changed $49,000 -13.2% --
05/19/2014 05/19/14 For Sale $56,430 -- --
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 $1,077 $92,900 $0 $0
2024 $951 $81,400 $34,500 $46,900
2023 $945 $80,100 $0 $0
2022 $948 $78,800 $0 $0
2021 $943 $77,500 $34,500 $43,000
2020 $954 $77,500 $34,500 $43,000
2019 $894 $77,500 $34,500 $43,000
2018 $1,084 $88,800 $48,900 $39,900
2017 $1,040 $88,800 $0 $0
2016 $1,179 $88,800 $0 $0
2015 $1,179 $101,500 $0 $0
2014 $1,201 $101,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC2009006

Bright MLS

APN: 01-022393