NOT LISTED FOR SALE

235 Nottingham Rd Elkton, MD 21921

Estimated Value: $284,000 - $1,303,674

99.54 Acres
$8,421 Price per Acre
4,335,962 Sq Ft Lot

Last Sold March 28, 2014

Last sale price $350,000 $187 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $5,023/month

Highlights

  • Greenhouse
  • 99.54 Acre Lot
  • No HOA

About This Lot

As of March 2014

PRICED REDUCED ($5,400/acre) Beautiful 93+/acre property located near Rt.40 in Elkton, MD. This property could fill an equestrian use due to the proximity to Fair Hill Nature Center, maybe a Nursery, or likely considered for its Subdivision Potential (enclosed is a engineered "concept plan"). ESTATE says "BRING OFFERS" Property Already Appraised and Engineer Sub-Div. Concept on File.

Last Agent to Sell the Property

Jim Lacey

(302) 593-6284 landfinds@yahoo.com RE/MAX Associates - Newark License #RS-0022030 Listed on: 01/09/2014

RE/MAX Associates - Newark

Last Buyer's Agent

Jim Lacey

(302) 593-6284 landfinds@yahoo.com RE/MAX Associates - Newark License #RS-0022030 Listed on: 01/09/2014

RE/MAX Associates - Newark

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,188

Lot Details

  • 99.54 Acre Lot
  • Property is zoned SR

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0803026507

Community Details

Overview

  • No Home Owners Association

Recreation

  • Greenhouse

Property Details

Property Type

Land

Est. Annual Taxes

$2,188

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.12

Exterior Features

  • Other Structures List: Greenhouse
  • 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: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 66900.00
  • Lot Size Acres: 99.54
  • Lot Size Area: 4335962
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4335962.00
  • Possible Use: Agriculture, Residential
  • Zoning: SR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4449512
  • Tax Annual Amount: 2187.51
  • Assessor Parcel Number: 0803026507
  • Tax Page Number: 1008
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2017
Sold by
Eder Farm Llc
Bought by
Eder Farm Llc
Current Estimated Value
$838,225

Purchase Details

Listed on
Jan 9, 2014
Closed on
Mar 28, 2014
Sold by
Racine Elisa and Estate Of Margit Quist
Bought by
Eder Farm Llc
Seller's Agent
Jim Lacey
RE/MAX Associates - Newark
Buyer's Agent
Jim Lacey
RE/MAX Associates - Newark
List Price
$499,982
Sold Price
$350,000
Premium/Discount to List
-$149,982
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$245,000
Outstanding Balance
$186,456
Interest Rate
4.37%
Mortgage Type
Amount Keyed Is An Aggregate Amount
Estimated Equity
$651,769

Purchase Details

Closed on
Jan 20, 2004
Sold by
Quist Margit E and Forrester Denver
Bought by
Vorrester Denver and Forrester Rebecca J

Purchase Details

Closed on
Oct 22, 1981
Sold by
Quist Margit E and Quist Gunnar H
Bought by
Quist Margit E
Source: Public Records

Range of Values:

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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
Eder Farm Llc -- Kirsh Title Services Inc
Eder Farm Llc $350,000 Bayside Title Settlement Ser
Vorrester Denver $37,000 None Available
Quist Margit E $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eder Farm Llc $245,000
Closed Eder Farm Llc $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2014 03/28/14 Sold $350,000 -30.0% $187 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $499,982 -- $267 / 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 $7,366 $719,300 $0 $0
2024 $6,565 $660,700 $127,600 $533,100
2023 $5,784 $649,200 $0 $0
2022 $6,725 $637,700 $0 $0
2021 $6,591 $626,200 $127,800 $498,400
2020 $6,361 $580,767 $0 $0
2019 $6,033 $535,333 $0 $0
2018 $2,682 $227,300 $117,800 $109,500
2017 $2,350 $198,533 $0 $0
2016 $1,620 $170,167 $0 $0
2015 $1,620 $141,500 $0 $0
2014 $2,230 $203,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Lacey

    Seller's Agent in 2014

    Jim Lacey

    RE/MAX

    (302) 593-6284

    132 Total Sales

    Jim Lacey
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002795086

Bright MLS

APN: 03-026507

Maryland Cecil County Elkton 21921

235 Nottingham Rd, Elkton, MD

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