NOT LISTED FOR SALE

120 W Main St Elkton, MD 21921

Estimated Value: $245,617

-- Bed
-- Bath
5,440 Sq Ft
$45/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $168,000 $31 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,689/month

Highlights

  • Traditional Architecture
  • No HOA
  • Heating Available

About This Home

As of July 2019

Mixed Use Building in "Elkton", Online Auction Only! Bidding begins Sunday, May 19th & ends Friday, May 24th at 12:00pm. Partially leased building configured as 4 unit plus basement. There are 3 apartments on the upper levels and a storefront on the main level. The building contains approximately 5,440 +/- SF plus a basement. The property is zoned C-1. Seller recently made improvements to the building.

Last Agent to Sell the Property

Larry Cooper

(410) 977-4708 Larry@alexcooper.com Alex Cooper Auctioneers, Inc. Listed on: 04/23/2019

Last Buyer's Agent

Donald Feazell

dfeaz888@gmail.com Garceau Realty License #76453

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,775

Year Built

  • Built in 1945

Lot Details

  • 2,222 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 5,440 Sq Ft Home
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 1 Vacant Unit

Listing and Financial Details

  • Assessor Parcel Number 03-052494

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,775

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Over Storefront
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1945
  • Remarks Public: Mixed Use Building in "Elkton", Online Auction Only! Bidding begins Sunday, May 19th & ends Friday, May 24th at 12:00pm. Partially leased building configured as 4 unit plus basement. There are 3 apartments on the upper levels and a storefront on the main level. The building contains approximately 5,440 +/- SF plus a basement. The property is zoned C-1. Seller recently made improvements to the building.
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 5440
  • Living Area Sq Ft: 5440
  • Price Per Sq Ft: 9.19
  • Above Grade Finished Sq Ft: 5440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 120

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • School District Key: 121139799812
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 104
  • Lot Size Acres: 0.05
  • Lot Dimensions: x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2222.00
  • Year Assessed: 2019
  • Zoning: C1
  • In City Limits: No

Rental Info

  • Number Of Units Month To Month: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4451743
  • Tax Annual Amount: 2775.00
  • Assessor Parcel Number: 03-052494
  • Tax Total Finished Sq Ft: 5440
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/15/2019

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2019
Closed on
Jul 15, 2019
Sold by
Trinity Partners Ltd
Bought by
Wintz Thomas
Seller's Agent
Larry Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
Donald Feazell
Garceau Realty
List Price
$50,000
Sold Price
$168,000
Premium/Discount to List
$118,000
236%
Current Estimated Value
$245,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,617
Avg. Annual Appreciation
6.31%

Purchase Details

Closed on
Apr 20, 2018
Sold by
Worry Free Investments Llc
Bought by
Trinity Partners Ltd

Purchase Details

Closed on
Nov 13, 2006
Sold by
Green Oaks Llc
Bought by
Worry Free Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.33%

Purchase Details

Closed on
Oct 31, 2006
Sold by
Green Oaks Llc
Bought by
Worry Free Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.33%

Purchase Details

Closed on
Dec 24, 1996
Sold by
Stanley Helen M
Bought by
Green Oaks Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wintz Thomas $168,000 Key Title Inc
Trinity Partners Ltd $155,000 None Available
Worry Free Investments Llc $325,000 --
Worry Free Investments Llc $325,000 --
Green Oaks Llc $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Worry Free Investments Llc $335,000
Previous Owner Worry Free Investments Llc $335,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2019 07/15/19 Sold $168,000 +236.0% $31 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $50,000 -- $9 / 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 $4,578 $264,633 $0 $0
2024 $3,685 $213,000 $51,900 $161,100
2023 $3,059 $175,833 $0 $0
2022 $2,443 $138,667 $0 $0
2021 $0 $101,500 $51,900 $49,600
2020 $3,632 $101,500 $51,900 $49,600
2019 $1,816 $101,500 $51,900 $49,600
2018 $2,773 $155,000 $51,900 $103,100
2017 $3,709 $219,600 $0 $0
2016 $4,618 $219,600 $0 $0
2015 $4,618 $273,500 $0 $0
2014 $4,269 $273,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC163652

Bright MLS

APN: 03-052494