NOT LISTED FOR SALE

123 W Main St Elkton, MD 21921

Estimated Value: $476,543

-- Bed
-- Bath
6,831 Sq Ft
$70/Sq Ft Est. Value

Last Sold April 19, 2016

Last sale price $282,500 $41 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,002/month

About This Home

As of April 2016

Mixed use commercial building with 2 storefront units, one office , two apartments and one unfinished unit. Five units currently rented. Offstreet parking and detached garage in rear. Brick building with rubber roof.

Last Agent to Sell the Property

Aaron Butler

(410) 620-4359 abutlerrec@gmail.com Real Estate Consultants License #524396 Listed on: 11/30/2015

Last Buyer's Agent

Barry Godfrey

(302) 275-9412 bgodfrey@exclusivebuyer.com Home Finders Real Estate Company License #R1-0002457

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,536

Year Built

  • Built in 1857

Lot Details

  • 5,940

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction

Schools

  • Thomson Estates Elementary School
  • Elkton Middle School
  • Elkton High School

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Exterior Basement Entry
  • 5,940 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 0803052516

Community Details

Overview

  • Property has a Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $14,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,536

Year Built

Built in 1857

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1857
  • Remarks Public: Mixed use commercial building with 2 storefront units, one office , two apartments and one unfinished unit. Five units currently rented. Offstreet parking and detached garage in rear. Brick building with rubber roof.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished
  • Price Per Sq Ft: 43.90
  • Street Number Modifier: 123

Exterior Features

  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA: No

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • Elementary School: THOMSON ESTATES
  • Middle School: ELKTON
  • High School: ELKTON
  • School District Key: 121139799812
  • Elementary School: THOMSON ESTATES
  • High School: ELKTON
  • Middle Or Junior School: ELKTON

Lot Info

  • Improvement Assessed Value: 217900.00
  • Land Assessed Value: 110000.00
  • Lot Size Acres: 0.14
  • Lot Size Area: 5940
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5940.00
  • Property Attached Yn: Yes
  • Year Assessed: 2015
  • Zoning: C1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4451745
  • Tax Annual Amount: 5535.94
  • Assessor Parcel Number: 0803052516
  • Tax Total Finished Sq Ft: 6831
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 04/19/2016

Multi Family

  • Gross Income: 48000.00
  • Operating Expense: 14500.00

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2015
Closed on
Apr 19, 2016
Sold by
Hdg Properties Llc
Bought by
Salem Hvac Llc
Seller's Agent
Aaron Butler
Real Estate Consultants
Buyer's Agent
Barry Godfrey
Home Finders Real Estate Company
List Price
$299,900
Sold Price
$282,500
Premium/Discount to List
-$17,400
-5.8%
Current Estimated Value
$476,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,043
Avg. Annual Appreciation
5.67%
Original Mortgage
$290,000
Interest Rate
3.71%

Purchase Details

Closed on
Dec 3, 2004
Sold by
Stanley Philip J
Bought by
Hdg Properties Llc
Source: Public Records

Range of Values:

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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
Salem Hvac Llc $282,500 None Available
Hdg Properties Llc $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salem Hvac Llc $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2016 04/19/16 Sold $282,500 -5.8% $41 / Sq Ft
02/13/2016 02/13/16 Pending -- -- --
11/30/2015 11/30/15 For Sale $299,900 -- $44 / 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 $5,584 $322,800 $0 $0
2024 $4,188 $242,100 $80,100 $162,000
2023 $4,213 $242,100 $80,100 $162,000
2022 $4,264 $242,100 $80,100 $162,000
2021 $2,499 $276,000 $80,100 $195,900
2020 $4,863 $271,833 $0 $0
2019 $4,788 $267,667 $0 $0
2018 $4,714 $263,500 $80,100 $183,400
2017 $4,714 $263,500 $0 $0
2016 $5,536 $263,500 $0 $0
2015 $5,536 $327,900 $0 $0
2014 $5,316 $327,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Aaron Butler

    Real Estate Consultants

    (410) 620-4359

    40 in this area

    111 Total Sales

    Aaron Butler
    Section Image
  • Barry Godfrey

    Buyer's Agent in 2016

    Barry Godfrey

    Home Finders Real Estate Company

    (302) 275-9412

    6 in this area

    217 Total Sales

    Barry Godfrey
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001670665

Bright MLS

APN: 03-052516

Maryland Cecil County Elkton 21921

123 W Main St, Elkton, MD

This home is located at 123 W Main St, Elkton, MD 21921 since 30 November 2015 and is currently estimated at $476,543, approximately $69 per square foot. This property was built in 1857. 123 W Main St is a home located in Cecil County with nearby schools including Thomson Estates Elementary School, Elkton Middle School, and Elkton High School.

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