Seller's Agent in 2020
Lauren Bunting
Keller Williams Realty Delmarva
(410) 422-9899
7 in this area
172 Total Sales
7139 Arcadia Cir Newark, MD 21841
Estimated Value: $310,000 - $341,000
2
Beds
2
Baths
1,196
Sq Ft
$273/Sq Ft
Est. Value
Highlights
- New Construction
- Open Floorplan
- Main Floor Bedroom
- Snow Hill Elementary School Rated A
- Cape Cod Architecture
- Stainless Steel Appliances
About This Home
As of February 2020New construction at an affordable price in Worcester County! Great location in Newark, Maryland, just 6 miles from Berlin, 10 miles from Snow Hill and 15 minutes to Ocean City area. Home is in the appealing Arcadia Village development offering public water and sewer, yet no city taxes!! Cape Cod architectural style offers 2 bedrooms and 2 baths, kitchen and living room on first floor. Home offers lots of natural light, open floor plan, kitchen island, plus eat-in dining area. Second floor offers additional unfinished 620 square feet for you to complete to meet your needs--some options include 2 bedrooms/1 bath or 1 bedroom/1 bath and family room. Once the upstairs is finished, the home will total 1816 square feet. Space for approximately 24x24 garage in future. Homeowners association just $200 per year. Modular construction by Eagle River Homes and qualifies for many "low to no" money down mortgage options such as FHA and USDA loans. Open house on Saturdays from 10 am to noon.
Last Agent to Sell the Property
Keller Williams Realty Delmarva License #581537 Listed on: 12/13/2019
Property Details
Home Type
- Modular Prefabricated Home
Est. Annual Taxes
- $1,870
Year Built
- Built in 2019 | New Construction
Lot Details
- 8,027 Sq Ft Lot
- East Facing Home
- No Through Street
- Cleared Lot
- Back Yard
- Property is in excellent condition
HOA Fees
- $17 Monthly HOA Fees
Home Design
- Cape Cod Architecture
- Block Foundation
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Open Floorplan
- Ceiling Fan
- Window Treatments
- Living Room
- Combination Kitchen and Dining Room
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Parking
- Driveway
- On-Street Parking
- Off-Street Parking
Schools
- Snow Hill Elementary And Middle School
- Snow Hill High School
Utilities
- Central Air
- Heat Pump System
- Underground Utilities
- Propane
- Electric Water Heater
Community Details
- Association fees include common area maintenance
- Arcadia Development Llc HOA
- Built by UTR Ventures,LLC (Modular by Eagle River Homes)
- Arcadia Village Subdivision
Listing and Financial Details
- Tax Lot 37
- Assessor Parcel Number 04-010655
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 13, 2019
Closed on
Feb 7, 2020
Sold by
Utr Ventures Llc
Bought by
Lee Lenore R
Seller's Agent
Lauren Bunting
Keller Williams Realty Delmarva
Buyer's Agent
David Dypsky
Newport Bay Realty
List Price
$204,900
Sold Price
$199,900
Premium/Discount to List
-$5,000
-2.44%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,604
Avg. Annual Appreciation
9.29%
Original Mortgage
$179,910
Outstanding Balance
$160,385
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$165,817
Purchase Details
Closed on
Apr 25, 2019
Sold by
Arcadia Development Llc
Bought by
Utr Ventures Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Lenore R | $199,900 | Acquest Title Services Inc | |
| Utr Ventures Llc | $240,000 | Resort Land T&E Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Lenore R | $179,910 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2020 02/07/20 | Sold | $199,900 | -2.4% | $167 / Sq Ft |
| 01/11/2020 01/11/20 | Pending | -- | -- | -- |
| 12/13/2019 12/13/19 | For Sale | $204,900 | -- | $171 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,048 | $270,500 | $59,600 | $210,900 |
| 2024 | $2,048 | $246,767 | $0 | $0 |
| 2023 | $1,971 | $223,033 | $0 | $0 |
| 2022 | $1,899 | $199,300 | $59,600 | $139,700 |
| 2021 | $1,895 | $198,000 | $0 | $0 |
| 2020 | $1,882 | $196,700 | $0 | $0 |
| 2019 | $436 | $45,600 | $45,600 | $0 |
| 2018 | $430 | $45,600 | $45,600 | $0 |
| 2017 | $432 | $45,600 | $0 | $0 |
| 2016 | -- | $45,600 | $0 | $0 |
| 2015 | $321 | $45,600 | $0 | $0 |
| 2014 | $321 | $45,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
David Dypsky
Newport Bay Realty
(410) 726-5020
1 in this area
53 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO110844
APN: 04-010655
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