NOT LISTED FOR SALE

700 Gray Mount Cir Elkton, MD 21921

Estimated Value: $253,000 - $346,000

3 Beds
2 Baths
1,248 Sq Ft
$242/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $130,000 $104 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,887/month

Highlights

  • Rambler Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • En-Suite Primary Bedroom
  • Combination Dining and Living Room

About This Home

As of March 2017

3 bedroom, 2 bath ranch. Master bedroom has full bath. Stone Fireplace in the Living Rm with vaulted ceilings. Located close to Route 40, shopping and restaurants. This is a Department of Housing and Urban Development. The property is being sold strictly "As-Is" without any guarantee or warranty, Property is (IN) Insured for FHA financing.

Last Agent to Sell the Property

Cathy Verne

(302) 561-0724 CVerne@PSRE.com Patterson-Schwartz-Newark Listed on: 12/22/2016

Patterson-Schwartz-Newark

Last Buyer's Agent

Len Wilson

(443) 553-2256 len@key147.com Key Realty, Incorporated License #101424

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,846

Year Built

  • Built in 1991

Lot Details

  • 0.26 Acre Lot
  • Property is zoned R3

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Grays Hill Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 0803089665

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,846

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Dining/Living
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: Yes
  • Basement Type: Outside Entrance, Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 1248
  • Living Area Sq Ft: 1248
  • Price Per Sq Ft: 111.78
  • Above Grade Finished Sq Ft: 1248
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stone
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 99300.00
  • Land Assessed Value: 72200.00
  • Lot Size Acres: 0.26
  • Lot Size Area: 11456
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11456.00
  • Property Attached Yn: No
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4454237
  • Tax Annual Amount: 2845.97
  • Assessor Parcel Number: 0803089665
  • Tax Lot: 22
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2016
Closed on
Mar 29, 2017
Sold by
Secretary Department Of Hud
Bought by
Pugh Mark Alexander and Pugh Janice Lynn
Seller's Agent
Cathy Verne
Patterson-Schwartz-Newark
Buyer's Agent
Len Wilson
Key Realty, Incorporated
List Price
$155,000
Sold Price
$130,000
Premium/Discount to List
-$25,000
-16.13%
Current Estimated Value
$302,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,052
Avg. Annual Appreciation
10.32%
Original Mortgage
$97,500
Outstanding Balance
$81,023
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$221,029

Purchase Details

Closed on
Jun 16, 2016
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Feb 22, 2016
Sold by
Sides Barbara June and Sides Pannell Debra Renee
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 19, 2007
Sold by
Pugh Mark A and Pugh Janice L
Bought by
Side

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,157
Interest Rate
6.24%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2007
Sold by
Pugh Mark A and Pugh Janice L
Bought by
Side

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,157
Interest Rate
6.24%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 1991
Sold by
Grays Hill Development Co Inc.
Bought by
Pugh Mark A and Pugh Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
9.36%
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
Pugh Mark Alexander $130,000 Ardent Title Co Llc
The Secretary Of Hud -- None Available
The Secretary Of Housing And Urbad Devlo -- None Available
Wells Fargo Bank Na $153,940 None Available
Side $229,000 --
Side $229,000 --
Pugh Mark A $104,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pugh Mark Alexander $97,500
Previous Owner Side $227,157
Previous Owner Side $227,157
Previous Owner Pugh Mark A $73,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $130,000 0.0% $104 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
02/10/2017 02/10/17 Off Market $130,000 -- --
02/07/2017 02/07/17 Price Changed $139,500 -10.0% $112 / Sq Ft
12/22/2016 12/22/16 For Sale $155,000 -- $124 / 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 $3,668 $212,000 $0 $0
2024 $3,360 $194,200 $56,200 $138,000
2023 $3,314 $190,433 $0 $0
2022 $3,289 $186,667 $0 $0
2021 $3,247 $182,900 $56,200 $126,700
2020 $3,204 $179,100 $0 $0
2019 $3,136 $175,300 $0 $0
2018 $3,068 $171,500 $72,200 $99,300
2017 $3,041 $170,000 $0 $0
2016 $2,819 $168,500 $0 $0
2015 $2,819 $167,000 $0 $0
2014 $2,813 $167,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001673753

Bright MLS

APN: 03-089665