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$399,073Estimated home value

Beds
4
Baths
2.5
sq ft
2,488

100 Rhett Ct, Elkton, MD 21921

100 Rhett Ct

ELKTON, MD 21921

  • Off market
    • Price drop $10,000↓
Minutes from Newark in a private rural setting in Tara, this 4 bed 2.5 bath 2 story home on a large corner lot has much to offer! The first floor of this home features a center hall foyer, large living room with hardwoods, formal dining room, gourmet kitchen with breakfast area, and a family room with a recently updated stone fireplace façade. Access the large, 2 car garage off of the kitchen area, and the rear deck and screened in porch. The 2nd floor features 4 bedrooms with a primary bedroom suite with full bath and walk-in closet. The lower level offers 3 rooms with an additional large family room area, utility room, and an additional exercise room, and an additional bedroom if needed. Additional features include: Anderson windows, New Roof in 2021, New Interior Stone Fireplace Façade in 2021, Exterior Chimney & Crown Reappointed in 2021, New Water Heater 2022, New Well Bladder Tank in 2023, New Sump Pump in 2023.

Details

Property type

Single Family Residence

Est. home value

$399,073

Lot size

0.66 acres

Price per sq ft

$177

Year built

1972

Annual property taxes

$2,936

HOA

No

Price History

10/14/2024
Bright

Bright #MDCC2013946

Removed
$439,900
09/25/2024
Bright

Bright #MDCC2013946

Pending
$439,900
09/20/2024
Bright

Bright #MDCC2013946

Price change
$439,900
-2.22%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

ELKTON

School district: 

CECIL COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$144,372
Asking price
$439,900
Closing costs (~8% of asking)
-$35,192
Est. remaining loan balance
-$260,336
Cash to seller
$144,372

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Meridian Bank

Loan start date

July 2020

Original loan amount

$286,053

Est. remaining balance

$260,336

Interest rate

3.24%

Loan type

New Conventional, 30 year

Seller

Reinaldo Velazquez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 11/03/2024 at 8:55 AM

Listing updated: 09/25/2024 at 1:52 PM

Listed by: Michael A Walton, BHHS Fox & Roach - Hockessin Phone #: (302) 999-9999

MLS: Bright #MDCC2013946

Bright logo

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