NOT LISTED FOR SALE

863 E Old Philadelphia Rd Elkton, MD 21921

Estimated Value: $304,000 - $348,101

3 Beds
2 Baths
1,000 Sq Ft
$321/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $331,000 $331 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,831/month

4 Days on Market

Highlights

  • 0.54 Acre Lot
  • No HOA
  • Back Up Electric Heat Pump System
  • Rambler Architecture
  • Central Air

About This Home

As of June 2024

Opportunity awaits in this newly renovated gem boasting 3 bedrooms, 2 bathrooms, on just over half an acre of land. Nestled in a prime location with the vibrant dining and entertainment scene of North East's main street mere miles away, convenience meets comfort seamlessly. The extensive updates in 2023 include a new heat pump, modern kitchen with new appliances, luxurious bathrooms, a new roof, new asphalt driveway and a picturesque stamped concrete patio.

Last Agent to Sell the Property

James Perry

(443) 309-2554 jamesdevonperry@gmail.com Real Estate Consultants Listed on: 05/17/2024

Last Buyer's Agent

Carolyn Quelly

(302) 489-4763 carolyn@hqme.co Integrity Real Estate License #APP-000062765

Integrity Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,611

Year Built

  • Built in 1977

Lot Details

  • 0.54 Acre Lot
  • Property is zoned RM

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0805062187

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,611

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Dishwasher, Refrigerator and range.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Laminate Plank
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Price Per Sq Ft: 324.90
  • Above Grade Finished Sq Ft: 1000
  • 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, Below Grade
  • Construction Materials: Vinyl Siding, Asphalt
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.54
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23522.00
  • Zoning: RM
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1611.00
  • Assessor Parcel Number: 0805062187
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jun 21, 2024
Sold by
Devon Construction Inc
Bought by
Farnkopf April Dawn and Farnkopf Walter Charles
Seller's Agent
James Perry
Real Estate Consultants
Buyer's Agent
Carolyn Quelly
Integrity Real Estate
List Price
$324,900
Sold Price
$331,000
Premium/Discount to List
$6,100
1.88%
Views
23
Current Estimated Value
$321,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,725
Avg. Annual Appreciation
-2.18%
Original Mortgage
$16,250
Outstanding Balance
$16,057
Interest Rate
7.02%
Estimated Equity
$305,218

Purchase Details

Closed on
Feb 11, 2021
Sold by
Kendall Larry R and Kendall Patricia K
Bought by
Devon Construction Inc
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
Farnkopf April Dawn $331,000 Kirsh Title
Farnkopf April Dawn $331,000 Kirsh Title
Devon Construction Inc $89,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farnkopf April Dawn $16,250
Closed Farnkopf April Dawn $16,250
Open Farnkopf April Dawn $325,004
Closed Farnkopf April Dawn $325,004
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2024 06/21/24 Sold $331,000 +1.9% $331 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $324,900 -- $325 / 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 $1,796 $163,600 $0 $0
2024 $1,723 $152,000 $0 $0
2023 $1,611 $140,400 $61,700 $78,700
2022 $1,625 $138,967 $0 $0
2021 $1,628 $137,533 $0 $0
2020 $1,630 $136,100 $61,700 $74,400
2019 $1,551 $134,433 $0 $0
2018 $1,591 $132,767 $0 $0
2017 $1,484 $131,100 $0 $0
2016 $1,460 $129,033 $0 $0
2015 $1,460 $126,967 $0 $0
2014 $1,594 $124,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    James Perry

    Real Estate Consultants

    (443) 309-2554

    1 in this area

    3 Total Sales

    James Perry
    Section Image
  • Carolyn Quelly

    Buyer's Agent in 2024

    Carolyn Quelly

    Integrity Real Estate

    (302) 489-4763

    18 in this area

    95 Total Sales

    Carolyn Quelly
    Section Image
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Map

Source: Bright MLS

MLS Number: MDCC2012950

Bright MLS

APN: 05-062187

Maryland Cecil County Elkton 21921

863 E Old Philadelphia Rd, Elkton, MD

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