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$380,000

Beds
3
Baths
1.5
sq ft
2,400

106 Locust Ln, Elkton, MD 21921

106 Locust Ln

ELKTON, MD 21921

  • 110 days on market
    • Price drop $19,900↓
Charming Home in the Heart of Elkton! Step into this enchanting 1920’s-era 3-bedroom, 1.5-bath home that captures endless charm and craftsmanship. This home is perfect for those who appreciate history, elegance, and a sense of community. Enjoy the convenience of being within walking distance to the hospital, downtown boutiques, charming restaurants, local parks, and more. The fenced backyard offers a private oasis for entertaining or relaxing, with a spacious deck and patio surrounded by mature landscaping. Inside, the beauty of original hardwood floors, custom built-ins, and intricate millwork make each room a delight to explore. Enter through the inviting foyer, where the classic center-hall staircase welcomes you, flanked by a cozy living room (with an original fireplace, currently inoperable) and a formal dining room. The first floor also features a lovely den, a mudroom, a laundry/powder room, and a warm, character-filled kitchen. Upstairs, you’ll find a spacious main bedroom with a walk-in closet and private access to the second-floor bath, along with two additional bedrooms that are full of charm. Perfectly situated for outdoor enthusiasts, this home is close to scenic state parks, hiking trails, horseback riding paths, marinas, and waterfront restaurants—ideal for weekends spent exploring the beauty of the Cecil County area and just minutes to tax-free shopping in Delaware. With easy access to major routes and easy commuting to New York, New Jersey, Philadelphia, Baltimore, and Washington, D.C. Close proximity to world-class hospitals, this gem is ready to welcome you home. Schedule your personal showing to experience the charm of this unique property in person!

Details

Property type

Single Family Residence

Est. home value

$295,261

Lot size

8,250 sq ft

Price per sq ft

$159

Year built

1927

Annual property taxes

$3,149

HOA

No

Price History

11/23/2024
Bright

Bright #MDCC2015050

Price change
$380,000
-4.98%
11/16/2024
Bright

Bright #MDCC2015050

Listed
$399,900
+23.05%
06/08/2024
Bright

Bright #MDCC2012254

Removed
$325,000

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

$156,372
Asking price
$380,000
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$193,228
Cash to seller
$156,372

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

Seller’s Loan History

Lender

Pike Creek Mortgage Services Inc

Loan start date

May 2020

Original loan amount

$215,033

Est. remaining balance

$193,228

Interest rate

3.36%

Loan type

FHA, 30 year

Seller

Molly Stapleton Bradley and Colin Stapleton Bradley

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: Active

Tomo last checked: 03/04/2025 at 2:35 AM

Listing updated: 11/22/2024 at 8:34 PM

Listed by: Nicole M Strahorn, Gregg Team Realty Phone #: (410) 885-7105

MLS: Bright #MDCC2015050

Bright logo

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