NOT LISTED FOR SALE

78 Oldfield Point Rd Elkton, MD 21921

Estimated Value: $614,000 - $740,000

4 Beds
2.5 Baths
2,325 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $545,000 $234 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,936/month

Highlights

  • Home fronts navigable water
  • Second Garage
  • 5.67 Acre Lot
  • Water Access
  • Bay View
  • Open Floorplan

About This Home

As of May 2022

This one checks all the boxes! Custom built home, tucked away on this nearly 6 acre lot. Loads of privacy and exposure to nature! 4 bedrooms and 2.5 baths in an almost pristine home! So many updates and "pluses" here. From the wrap around porch with an outdoor shower in the back to clean off after a day on the water (or in the woods) to the second, oversized 2 vehicle garage for RV, boats or cars, this exterior is one of a kind. And don't forget you have the Minnow Point Farms community water access located within a very short drive. Inside it's just a dream. Cathedral ceiling, beautiful hardwood floors, and the skylights let in so much natural light!. The kitchen is complete with nearly new SS appliances, granite countertops. You have a huge loft area overlooking the living room, perfect for an office or exercise area. The main level has the primary bedroom with its full, updated bath and huge closet. Upstairs, 3 nice sized bedrooms and another full bath. In the lower level you have plenty of space to finish to your liking! So much here to list. A worry free AHS home warranty is include too. You better hurry!

Last Agent to Sell the Property

Bob Kimball

(410) 262-2100 mdfindahome@gmail.com Redfin Corp License #508153 Listed on: 04/08/2022

Redfin Corp

Last Buyer's Agent

J. Aaron Falkenstein

(302) 598-7989 integritywithaaron@gmail.com Integrity Real Estate License #RS-0026250

Integrity Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,807

Year Built

  • Built in 2002

Lot Details

  • 5.67 Acre Lot
  • Home fronts navigable water
  • Landscaped
  • Property is in very good condition
  • Property is zoned NAR

Parking

  • 4 Garage Spaces | 2 Attached and 2 Detached
  • Second Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Bay
  • River
  • Woods
  • Garden

Home Design

  • Cape Cod Architecture
  • Permanent Foundation
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Vaulted Ceiling
  • Skylights
  • Fireplace With Glass Doors
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Great Room

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Room
  • Gas Oven or Range
  • Stove
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Outdoor Features

  • Water Access
  • River Nearby
  • Stream or River on Lot
  • Powered Boats Permitted
  • Porch

Schools

  • Elk Neck Elementary School
  • North East Middle School
  • North East High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Vented Exhaust Fan
  • Well
  • Propane Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Minnow Point Farms Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0805066301

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,807

Year Built

Built in 2002

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-04-08
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: This one checks all the boxes! Custom built home, tucked away on this nearly 6 acre lot. Loads of privacy and exposure to nature! 4 bedrooms and 2.5 baths in an almost pristine home! So many updates and "pluses" here. From the wrap around porch with an outdoor shower in the back to clean off after a day on the water (or in the woods) to the second, oversized 2 vehicle garage for RV, boats or cars, this exterior is one of a kind. And don't forget you have the Minnow Point Farms community water access located within a very short drive. Inside it's just a dream. Cathedral ceiling, beautiful hardwood floors, and the skylights let in so much natural light!. The kitchen is complete with nearly new SS appliances, granite countertops. You have a huge loft area overlooking the living room, perfect for an office or exercise area. The main level has the primary bedroom with its full, updated bath and huge closet. Upstairs, 3 nice sized bedrooms and another full bath. In the lower level you have plenty of space to finish to your liking! So much here to list. A worry free AHS home warranty is include too. You better hurry!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stove, Trash Compactor, Washer, Washer/Dryer Hookups Only
  • Interior Amenities: Breakfast Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Country, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Window Treatments
  • Window Features: Screens, Skylights
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: 2 Story Ceilings, Dry Wall, Vaulted Ceilings
  • Foundation Details: Permanent
  • Levels Count: 3
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Breakfast Room, Great Room, Laundry, Bathroom 1, Bathroom 2, Half Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 3721
  • Living Area Sq Ft: 2325
  • Price Per Sq Ft: 225.81
  • Above Grade Finished Sq Ft: 2325
  • Below Grade Sq Ft: 1396
  • Total Below Grade Sq Ft: 1396
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 78

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd Garage
  • Construction Materials: Stone, Vinyl Siding
  • Roof: Asphalt
  • View: Bay, Garden/Lawn, River, Trees/Woods
  • Water Access Features: Boat - Powered
  • Water Access: Yes
  • Water Body Name: Elk River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Paved Parking
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Detached 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: Propane
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • Elementary School: ELK NECK
  • Middle School: NORTH EAST
  • High School: NORTH EAST
  • 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: ELK NECK
  • High School: NORTH EAST
  • Middle Or Junior School: NORTH EAST

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 270000.00
  • Land Assessed Value: 157000.00
  • Land Use Code: R
  • Lot Features: Landscaping
  • Lot Size Acres: 5.67
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 246985.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: NAR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4465644
  • Tax Annual Amount: 4807.00
  • Assessor Parcel Number: 0805066301
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 2325
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 05/26/2022

Multi Family

  • Mean Low Water Feet: 1

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 26, 2022
Sold by
Brannan Steven M
Bought by
Ferguson Chad and Myura Candy
Seller's Agent
Bob Kimball
Redfin Corp
Buyer's Agent
J. Aaron Falkenstein
Integrity Real Estate
List Price
$525,000
Sold Price
$545,000
Premium/Discount to List
$20,000
3.81%
Current Estimated Value
$665,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,261
Avg. Annual Appreciation
6.00%
Original Mortgage
$557,535
Outstanding Balance
$529,230
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$136,031

Purchase Details

Closed on
May 18, 2018
Sold by
Brannan Steven M and Brannan Rebecca J
Bought by
Brannan Steven M

Purchase Details

Listed on
Jun 10, 2017
Closed on
Aug 1, 2017
Sold by
Cummings Francis X and Cummings Mary H
Bought by
Brannan Steven M and Brannan Rebecca J
Seller's Agent
Wanda Jackson
RE/MAX Chesapeake
Buyer's Agent
Keith Herrington
RE/MAX Excellence - Kennett Square
List Price
$425,000
Sold Price
$418,000
Premium/Discount to List
-$7,000
-1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%

Purchase Details

Closed on
Nov 15, 2005
Sold by
Pinder David T and Pinder Judith A
Bought by
Cummings Francis X and Cummings Mary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2005
Sold by
County Of Cecil
Bought by
County Of Cecil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 1987
Sold by
Eder Francis J and Eder Susan G
Bought by
Pinder David T and Pinder Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
10.27%
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
Ferguson Chad $545,000 None Listed On Document
Brannan Steven M -- None Available
Brannan Steven M $418,000 Liberty Title Services Llc
Cummings Francis X $535,000 --
County Of Cecil $535,000 None Available
Pinder David T $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Chad $557,535
Previous Owner Cummings Francis X $400,000
Previous Owner County Of Cecil $400,000
Previous Owner Pinder David T $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2022 05/26/22 Sold $545,000 0.0% $234 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/11/2022 04/11/22 Off Market $545,000 -- --
04/08/2022 04/08/22 For Sale $525,000 +25.6% $226 / Sq Ft
08/01/2017 08/01/17 Sold $418,000 -1.6% $200 / Sq Ft View Prior Sale
06/13/2017 06/13/17 Pending -- -- --
06/10/2017 06/10/17 For Sale $425,000 -- $203 / 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 $5,360 $484,267 $0 $0
2024 $4,696 $455,633 $0 $0
2023 $4,076 $427,000 $157,000 $270,000
2022 $4,810 $421,733 $0 $0
2021 $4,713 $416,467 $0 $0
2020 $9,431 $411,200 $157,000 $254,200
2019 $4,580 $397,067 $0 $0
2018 $4,477 $382,933 $0 $0
2017 $4,126 $368,800 $0 $0
2016 $4,120 $368,500 $0 $0
2015 $4,120 $368,200 $0 $0
2014 $4,821 $367,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC2004256

Bright MLS

APN: 05-066301