157 Farah Dr Elkton, MD 21921
Estimated Value: $374,312 - $415,000
5
Beds
3
Baths
1,366
Sq Ft
$292/Sq Ft
Est. Value
About This Home
This home is located at 157 Farah Dr, Elkton, MD 21921 and is currently estimated at $398,828, approximately $291 per square foot. 157 Farah Dr is a home located in Cecil County with nearby schools including Leeds Elementary School, Cherry Hill Middle School, and Rising Sun High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 27, 2018
Sold by
Richardson Richard C and Richardson Kathleen B
Bought by
Hofmann Andrew D and Hofmann Tanya
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,600
Outstanding Balance
$189,760
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$209,068
Purchase Details
Closed on
Feb 18, 1997
Sold by
Romagnoli Adelmo A and Romagnoli Lynn G
Bought by
Richardson Richard C and Richardson Kathleen
Purchase Details
Closed on
Aug 1, 1989
Sold by
Heintzelman William W and Heintzelman Diane L
Bought by
Romagnoli Adelmo A and Romagnoli Lynn G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
9.81%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hofmann Andrew D | $272,000 | Key Title Inc | |
| Richardson Richard C | $119,500 | -- | |
| Romagnoli Adelmo A | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hofmann Andrew D | $217,600 | |
| Previous Owner | Romagnoli Adelmo A | $117,000 | |
| Closed | Richardson Richard C | -- |
Source: Public Records
Tax History Compared to Growth
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 | $3,461 | $310,800 | $70,000 | $240,800 |
| 2024 | $2,934 | $294,567 | $0 | $0 |
| 2023 | $2,434 | $278,333 | $0 | $0 |
| 2022 | $3,012 | $262,100 | $70,000 | $192,100 |
| 2021 | $2,951 | $250,733 | $0 | $0 |
| 2020 | $2,821 | $239,367 | $0 | $0 |
| 2019 | $2,630 | $228,000 | $70,000 | $158,000 |
| 2018 | $2,568 | $217,467 | $0 | $0 |
| 2017 | $2,227 | $206,933 | $0 | $0 |
| 2016 | $2,226 | $196,400 | $0 | $0 |
| 2015 | $2,226 | $196,400 | $0 | $0 |
| 2014 | $2,106 | $196,400 | $0 | $0 |
Source: Public Records
Map
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