1637 E Old Philadelphia Rd Elkton, MD 21921
Estimated Value: $3,115,409
--
Bed
2
Baths
7,800
Sq Ft
$399/Sq Ft
Est. Value
About This Home
This home is located at 1637 E Old Philadelphia Rd, Elkton, MD 21921 and is currently estimated at $3,115,409, approximately $399 per square foot. 1637 E Old Philadelphia Rd is a home located in Cecil County with nearby schools including Elk Neck Elementary School, North East Middle School, and North East High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 30, 2023
Sold by
Quality Enterprises General Contractors
Bought by
Glacier Enterprises Llc
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
$2,800,000
Outstanding Balance
$2,638,365
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$477,044
Purchase Details
Closed on
Mar 2, 1992
Sold by
Genesis Land Development, Inc.
Bought by
Quality Enterprises General
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,900
Interest Rate
8.83%
Purchase Details
Closed on
Jan 26, 1988
Sold by
Owensby Joseph V
Bought by
Genesis Land Development, Inc.
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
10.34%
Purchase Details
Closed on
Apr 26, 1984
Sold by
Kincaid Vernon H
Bought by
Owensby Joseph
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Glacier Enterprises Llc | $2,800,000 | None Listed On Document | |
| Quality Enterprises General | $140,000 | -- | |
| Genesis Land Development, Inc. | $130,000 | -- | |
| Owensby Joseph | $25,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Glacier Enterprises Llc | $2,800,000 | |
| Previous Owner | Quality Enterprises General | $94,900 | |
| Previous Owner | Genesis Land Development, Inc. | $97,500 |
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 | $14,282 | $1,299,500 | $0 | $0 |
| 2024 | $6,931 | $627,800 | $413,000 | $214,800 |
| 2023 | $6,993 | $627,800 | $413,000 | $214,800 |
| 2022 | $7,071 | $627,800 | $413,000 | $214,800 |
| 2021 | $6,929 | $653,900 | $413,000 | $240,900 |
| 2020 | $14,374 | $629,900 | $0 | $0 |
| 2019 | $6,988 | $605,900 | $0 | $0 |
| 2018 | $6,653 | $581,900 | $341,600 | $240,300 |
| 2017 | $6,254 | $571,633 | $0 | $0 |
| 2016 | $6,137 | $561,367 | $0 | $0 |
| 2015 | $6,137 | $551,100 | $0 | $0 |
| 2014 | $7,082 | $551,100 | $0 | $0 |
Source: Public Records
Map
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