NOT LISTED FOR SALE

125 River Rd Elkton, MD 21921

Estimated Value: $221,000 - $600,000

0.18 Acre
$2,262,417 Price per Acre
7,927 Sq Ft Lot

Last Sold February 12, 2025

Last sale price $210,000 $148 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,470/month

57 Days on Market

Highlights

  • 100 Feet of Waterfront
  • River View
  • No HOA

About This Lot

As of February 2025

Opportunity for Investor or Developer! Have you always dreamed of owning property on the water? Here is your chance to have beautiful views of the Elk River.

Last Agent to Sell the Property

Rachel Krall

(443) 318-8800 broker@kwgatewayhomes.com Keller Williams Gateway LLC License #671747 Listed on: 11/27/2024

Keller Williams Gateway LLC

Last Buyer's Agent

Peggy Deare

(302) 351-5000 maggie@lnf.com Long & Foster Real Estate, Inc. License #5014447

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,868

Lot Details

  • 7,927 Sq Ft Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned RR

Additional Features

  • River Views
  • Private Sewer

Listing and Financial Details

  • Tax Lot 14A
  • Assessor Parcel Number 0802021153

Community Details

Overview

  • No Home Owners Association
  • Locust Point Subdivision

Recreation

  • Water Access
  • River Nearby

Property Details

Property Type

Land

Est. Annual Taxes

$3,868

Lot Details

7,927 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Expected On Market: 2024-11-27
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 25.10

Exterior Features

  • Construction Completed: No
  • View: Water, River
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7927.00
  • Zoning: RR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3868.00
  • Assessor Parcel Number: 0802021153
  • Tax Lot: 14A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2024
Closed on
Feb 11, 2025
Sold by
Patriot Brothers Rehabs Llc
Bought by
Kyritsis Bartley Marilynn
Seller's Agent
Rachel Krall
Keller Williams Gateway LLC
Buyer's Agent
Peggy Deare
Long & Foster Real Estate, Inc.
List Price
$199,000
Sold Price
$210,000
Premium/Discount to List
$11,000
5.53%
Views
43
Current Estimated Value
$407,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,235
Avg. Annual Appreciation
84.64%

Purchase Details

Closed on
Jul 19, 2023
Sold by
Sexton Teal M
Bought by
Patriot Brothers Rehabs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,250
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2009
Sold by
Welch Melvin H and Welch Olive W
Bought by
Welch Kenneth R and Welch Tracy M

Purchase Details

Closed on
Jun 6, 2003
Sold by
Welch Melvin H and Welch Olive W
Bought by
Welch Melvin H and Welch Olive W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kyritsis Bartley Marilynn $210,000 Wolfe Title
Bartley Marilynn Kyritsis $210,000 Wolfe Title
Patriot Brothers Rehabs Llc $210,000 Fidelity National Title
Welch Tracy Marie $210,000 None Listed On Document
Welch Tracy Marie $210,000 None Listed On Document
Welch Kenneth R -- --
Welch Melvin H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welch Tracy Marie $291,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2025 02/12/25 Sold $210,000 +5.5% $148 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
11/27/2024 11/27/24 For Sale $199,000 -5.2% $140 / Sq Ft
02/24/2023 02/24/23 Sold $210,000 -6.7% $148 / Sq Ft View Prior Sale
01/27/2023 01/27/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $225,000 -- $158 / Sq Ft
Source: Bright MLS

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 $4,482 $404,033 $0 $0
2024 $3,834 $344,800 $254,100 $90,700
2023 $3,868 $344,800 $254,100 $90,700
2022 $3,943 $344,800 $254,100 $90,700
2021 $3,864 $344,900 $254,100 $90,800
2020 $3,969 $338,933 $0 $0
2019 $3,900 $332,967 $0 $0
2018 $3,832 $327,000 $254,100 $72,900
2017 $3,832 $327,000 $0 $0
2016 $3,683 $327,000 $0 $0
2015 $3,683 $328,600 $0 $0
2014 $3,548 $328,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC2015146

Bright MLS

APN: 02-021153

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