NOT LISTED FOR SALE

788 Oldfield Point Rd Elkton, MD 21921

Estimated Value: $519,000 - $595,000

4 Beds
2.5 Baths
2,280 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 05, 2014

Last sale price $254,000 $111 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,268/month

Highlights

  • Home fronts navigable water
  • Private Pool
  • Contemporary Architecture
  • Private Water Access
  • 1 Acre Lot
  • Stream or River on Lot

About This Home

As of August 2014

Beautiful contemporary in the Pembey Subdivision. Open floor plan - all hardwood floors - deck overlooking an inground pool from the master bedroom - screened in rear porch - the list goes on and on - come and take a look at this freshly painted home.

Last Agent to Sell the Property

Ruth Hosgood

(410) 725-4945 ruth.hosgood@lnf.com Long & Foster Real Estate, Inc. Listed on: 10/15/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Betty Klepetka

(443) 350-4980 bklepetka@gmail.com Keller Williams Gateway LLC License #611766

Keller Williams Gateway LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,353

Year Built

  • Built in 1992

Lot Details

  • 1 Acre Lot
  • Home fronts navigable water
  • Property is zoned SR

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Outdoor Features

  • Private Pool
  • Private Water Access
  • River Nearby
  • Stream or River on Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Oil Water Heater
  • Septic Tank

Community Details

  • Pembrey Subdivision

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 0805087317

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,353

Year Built

Built in 1992

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: NORTH EAST RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 225.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 187900.00
  • Land Assessed Value: 116200.00
  • Lot Size Acres: 1.00
  • Lot Size Area: 43560
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Zoning: SR

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3353.31
  • Assessor Parcel Number: 0805087317
  • Tax Lot: 37
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2013
Closed on
Aug 5, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Baker Dana M
Seller's Agent
Ruth Hosgood
Long & Foster Real Estate, Inc.
Buyer's Agent
Betty Klepetka
Keller Williams Gateway LLC
List Price
$299,900
Sold Price
$254,000
Premium/Discount to List
-$45,900
-15.31%
Current Estimated Value
$552,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,434
Avg. Annual Appreciation
7.16%
Original Mortgage
$249,399
Outstanding Balance
$191,156
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$361,278

Purchase Details

Closed on
May 8, 2013
Sold by
Small Eric M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 11, 2005
Sold by
Brown Thomas M and Brown Roberta S
Bought by
Small Eric R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 15, 2004
Sold by
Brown Thoams M and Brown Roberta S
Bought by
Small Eric R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 1991
Sold by
Heritage Bay Builders, Inc.
Bought by
Brown Thomas M and Brown Roberta S
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 Dana M $254,000 Kirsh Title Services Inc
Federal Home Loan Mortgage Corporation $275,000 None Available
Small Eric R $390,000 --
Small Eric R $390,000 None Available
Brown Thomas M $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Dana M $249,399
Previous Owner Small Eric R $312,000
Previous Owner Small Eric R $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2014 08/05/14 Sold $254,000 -15.3% $111 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $299,900 +18.1% $132 / Sq Ft
05/27/2014 05/27/14 Off Market $254,000 -- --
02/22/2014 02/22/14 Price Changed $299,900 -3.2% $132 / Sq Ft
02/06/2014 02/06/14 For Sale $309,900 +22.0% $136 / Sq Ft
02/04/2014 02/04/14 Off Market $254,000 -- --
01/12/2014 01/12/14 Price Changed $309,900 -4.6% $136 / Sq Ft
11/21/2013 11/21/13 Price Changed $324,900 -4.4% $143 / Sq Ft
10/15/2013 10/15/13 For Sale $339,900 -- $149 / 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 $4,291 $386,633 $0 $0
2024 $3,703 $364,867 $0 $0
2023 $3,149 $343,100 $136,700 $206,400
2022 $3,836 $335,233 $0 $0
2021 $3,759 $327,367 $0 $0
2020 $3,745 $319,500 $136,700 $182,800
2019 $3,688 $314,533 $0 $0
2018 $3,631 $309,567 $0 $0
2017 $3,573 $304,600 $0 $0
2016 $3,415 $304,433 $0 $0
2015 $3,415 $304,267 $0 $0
2014 $3,714 $304,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003744950

Bright MLS

APN: 05-087317