NOT LISTED FOR SALE

220 Old Route 40 Hancock, MD 21750

Estimated Value: $73,000 - $100,000

0.56 Acre
$154,464 Price per Acre
24,394 Sq Ft Lot

Last Sold May 23, 2024

Last sale price $15,000

Est. 477% increase in value since last sale

Current estimated payment $493/month

296 Days on Market

About This Lot

As of May 2024

This home is located at 220 Old Route 40, Hancock, MD 21750 since 14 July 2023 and is currently estimated at $86,500. 220 Old Route 40 is a home located in Washington County with nearby schools including Hancock Elementary School and Hancock Middle Senior High School.

Last Agent to Sell the Property

Mary Beth Herrera

Sullivan Select, LLC. License #612596 Listed on: 07/14/2023

Last Buyer's Agent

Cynthia Sullivan

Sullivan Select, LLC.

Property Details

Property Type

  • Land

Lot Details

  • 0.56 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 2205005418

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Expected On Market: 2023-07-14
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.60
  • Street Number Modifier: 220

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • School District Key: 121138761341
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Size Acres: 0.56
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24396.00
  • Year Assessed: 2024
  • Zoning: U
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 442.00
  • Assessor Parcel Number: 2205005418
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 05/23/2024

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
May 17, 2024
Sold by
Brookes House Inc
Bought by
Luke Coulter Developers Llc
Seller's Agent
Mary Beth Herrera
Sullivan Select, LLC.
Buyer's Agent
Cynthia Sullivan
Sullivan Select, LLC.
List Price
$39,000
Sold Price
$15,000
Premium/Discount to List
-$24,000
-61.54%
Views
237
Current Estimated Value
$86,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,500
Avg. Annual Appreciation
297.33%

Purchase Details

Closed on
Dec 31, 2020
Sold by
Badger Certificates Llc
Bought by
Brookes House Inc

Purchase Details

Closed on
Feb 1, 2019
Sold by
County Of Washington
Bought by
Badger Cerificates Llc

Purchase Details

Closed on
Apr 2, 2007
Sold by
Golden Family Properties Inc
Bought by
Adams Marty L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2007
Sold by
Golden Family Properties Inc
Bought by
Adams Marty L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2003
Sold by
Shives Kelli L
Bought by
Golden Family Properties Inc

Purchase Details

Closed on
Nov 18, 2002
Sold by
Mccusker Roland H and Mccusker Kelli L
Bought by
Shives Kelli L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Luke Coulter Developers Llc $15,000 Lincoln Title
Brookes House Inc -- None Available
Badger Cerificates Llc $3,500 None Available
Adams Marty L $95,000 --
Adams Marty L $95,000 --
Golden Family Properties Inc $65,000 --
Shives Kelli L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Marty L $85,500
Previous Owner Adams Marty L $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Off Market $39,000 -- --
05/23/2024 05/23/24 Sold $15,000 -61.5% --
07/14/2023 07/14/23 For Sale $39,000 -- --
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 $281 $30,800 $30,800 $0
2024 $281 $30,800 $30,800 $0
2023 $281 $30,800 $30,800 $0
2022 $281 $30,800 $30,800 $0
2021 $288 $30,800 $30,800 $0
2020 $287 $30,800 $30,800 $0
2019 $288 $30,800 $30,800 $0
2018 $373 $30,800 $30,800 $0
2017 $281 $30,800 $0 $0
2016 -- $30,033 $0 $0
2015 -- $29,267 $0 $0
2014 $313 $28,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Beth Herrera

    Seller's Agent in 2024

    Mary Beth Herrera

    Sullivan Select, LLC.

    (301) 991-1471

    96 Total Sales

    Mary Beth Herrera
    Section Image
  • Cynthia Sullivan

    Buyer's Agent in 2024

    Cynthia Sullivan

    Sullivan Select, LLC.

    (301) 745-5500

    291 Total Sales

    Cynthia Sullivan
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWA2016266

Bright MLS

APN: 05-005418

Maryland Washington County Hancock 21750

220 Old Route 40, Hancock, MD

This home is located at 220 Old Route 40, Hancock, MD 21750 since 14 July 2023 and is currently estimated at $86,500. 220 Old Route 40 is a home located in Washington County with nearby schools including Hancock Elementary School and Hancock Middle Senior High School.

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