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$390,000

Beds
3
Baths
1.5
sq ft
2,352

963 Shady Beach Rd, Elkton, MD 21921

963 Shady Beach Rd

ELKTON, MD 21921

  • 4 days on market
    • Open house Jan 05
Welcome to your new home, nestled on a spacious private lot! As you approach via the long paved driveway, you'll be welcomed by a beautifully renovated ranch-style home and an over-sized pole barn with a loft. Step into the home and discover a spacious living room featuring luxury vinyl flooring, vaulted ceilings, and an abundance of natural light streaming through newer windows. As you move toward the back of the home, you'll find a spacious, updated kitchen featuring stainless steel appliances, granite counter tops, modernized cabinets, and a welcoming dining area with french doors to the wrap around deck. The remainder of the upstairs includes a primary bedroom with a walk-in closet, two additional bedrooms, and a beautifully renovated full bathroom featuring a tiled tub/shower, luxury vinyl flooring and modern vanity. Heading into the fully finished basement, you'll discover a versatile office or gym space, along with a spacious family room featuring an egress window and walk-out—perfect for relaxing with family and friends or even serving as an additional bedroom. A convenient half-bath is located just off the family room. The utility/laundry room has been recently waterproofed. The entire home was renovated between 2022 and 2023, including updates to the HVAC, windows, siding, deck, flooring, paint, kitchen, and more. The heated pole barn provides ample space for storage and parking, along with a loft that can be used as an office or an awesome hangout area. Positioned between Elkton and North East, this location offers easy access to a variety of attractions, including excellent restaurants, delightful shops, hiking trails, fishing spots, boating opportunities, and so much more to explore! Schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$373,434

Lot size

0.85 acres

Price per sq ft

$166

Year built

1988

Annual property taxes

$2,944

HOA

No

Price History

01/03/2025
Bright

Bright #MDCC2015366

Listed
$390,000
+5.69%
03/20/2023
Bright

Bright #MDCC2008014

Sold
$369,000
+158.95%
10/21/2022
Bright

Bright #MDCC2006700

Sold
$142,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$28,196
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$330,604
Cash to seller
$28,196

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

March 2023

Original loan amount

$337,911

Est. remaining balance

$330,604

Interest rate

6.09%

Loan type

FHA, 30 year

Seller

Gary E Bunch

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: 01/05/2025 at 4:05 AM

Listing updated: 01/03/2025 at 9:45 PM

Listed by: Kara Chapman, Remax Vision Phone #: (410) 287-3629

MLS: Bright #MDCC2015366

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