NOT LISTED FOR SALE

245 Middle Rd Elkton, MD 21921

Estimated Value: $1,065,640

1 Bed
1 Bath
-- Sq Ft
35.23 Acres

Last Sold November 27, 2020

Last sale price $775,000

Est. 38% increase in value since last sale

Current estimated payment $5,820/month

Highlights

  • Stables
  • 35.23 Acre Lot
  • 20 Acres of Pasture
  • View of Trees or Woods
  • No HOA
  • Receding Pocket Doors

About This Home

As of November 2020

Equestrian Farm is a truly remarkable property located in the picturesque historic area of Fair Hill, Maryland. A tree-lined lane guides you to the peaceful expanse of 245 Middle Rd, where you will be greeted with 35.23 acres of pure tranquility. This captivating equestrian farm features many wonderful amenities, including 24 horse stalls and 10 paddocks, four with run-in sheds. Three wells provide a ready supply of water to the paddocks and buildings. A circular track useful for exercise is a feature along with an exercise enclosure. Fair Hill is located in beautiful Cecil County, which has earned an enviable reputation in horse breeding, training, and equestrian events throughout the Mid-Atlantic Region. There is an Equine Veterinary Care Facility within minutes of this location. This is a great property in a highly sought-after area located conveniently between Virginia and New York with easy access to I-95. This property has amazing potential and should not be overlooked!

Last Agent to Sell the Property

Donna Hollifield

(302) 598-9077 donnahollifield@comcast.net Remax Vision License #RSR001166 Listed on: 10/08/2020

Remax Vision

Last Buyer's Agent

LAURIE KREIDER

(717) 368-1224 lauriek@rogunlimited.com Realty ONE Group Unlimited

Realty ONE Group Unlimited

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,648

Year Built

  • Built in 2000

Lot Details

  • 35.23 Acre Lot
  • Dirt Road
  • Rural Setting
  • Wood Fence
  • Property is zoned AGRICULTURAL, NAR

Property Views

  • Woods
  • Pasture

Home Design

  • Farm
  • Metal Roof
  • Wood Siding
  • Aluminum Siding
  • Metal Siding

Flooring

  • Concrete
  • Dirt

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Private Parking
  • Gravel Driveway
  • Dirt Driveway
  • Parking Lot

Outdoor Features

  • Exterior Lighting
  • Shed
  • Outbuilding

Farming

  • 20 Acres of Pasture
  • Horse Farm

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks
  • Stables

Utilities

  • Underground Utilities
  • Propane
  • Well
  • Electric Water Heater

Additional Features

  • Property has 1 Level
  • Receding Pocket Doors

Community Details

  • No Home Owners Association
  • Nondev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04018680

Property Details

Property Type

Other

Est. Annual Taxes

$1,648

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Farm
  • Accessibility Features: Doors - Recede
  • Habitable Residence: Yes
  • Ownership: Fee Simple
  • Exclusions: equipement, & weathervane
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Remarks Public: Equestrian Farm is a truly remarkable property located in the picturesque historic area of Fair Hill, Maryland. A tree-lined lane guides you to the peaceful expanse of 245 Middle Rd, where you will be greeted with 35.23 acres of pure tranquility. This captivating equestrian farm features many wonderful amenities, including 24 horse stalls and 10 paddocks, four with run-in sheds. Three wells provide a ready supply of water to the paddocks and buildings. A circular track useful for exercise is a feature along with an exercise enclosure. Fair Hill is located in beautiful Cecil County, which has earned an enviable reputation in horse breeding, training, and equestrian events throughout the Mid-Atlantic Region. There is an Equine Veterinary Care Facility within minutes of this location. This is a great property in a highly sought-after area located conveniently between Virginia and New York with easy access to I-95. This property has amazing potential and should not be overlooked!
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring Type: Dirt, Concrete
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 245

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Block, Combination, Concrete, Metal Siding, Mixed Plumbing, Wood Siding
  • Exterior Features: Exterior Lighting, Outbuilding(s), Secure Storage
  • Road Surface Type: Gravel, Dirt
  • Roof: Metal
  • View: Pasture, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone, Dirt Driveway, Gravel Driveway, Private
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Hot Water: Electric
  • Utilities: Electric Available, Propane, Under Ground
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • School District Key: 121139799812
  • School District Source: Listing Agent

Lot Info

  • Wooded Acres: 9.83
  • Horses: Yes
  • Additional Parcels: No
  • Agricultural Tax Fee: Yes
  • Crops Included: No
  • Farm Features: Shed(s)
  • Farm Land Area Units: Acres
  • Farm Operation: Horse
  • Fencing: Wood
  • Horse Amenities: Horses Allowed, Paddock, Stable(s)
  • Land Assessed Value: 136100.00
  • Lot Size Acres: 35.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1534618.80
  • Pasture Acres: 20.00
  • Remarks Farm: 9.83 acres of woodland, that has been identified as forest retention areas shown as Forest Conservation
  • Year Assessed: 2020
  • Zoning: AGRICULTURAL
  • Zoning Description: NAR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1648.23
  • Assessor Parcel Number: 04018680
  • Tax Page Number: 4365
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/27/2020

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Nov 27, 2020
Sold by
Walton Mary L
Bought by
Kauffman Joseph F and Kauffman Linda B
Seller's Agent
Donna Hollifield
Remax Vision
Buyer's Agent
LAURIE KREIDER
Realty ONE Group Unlimited
List Price
$850,000
Sold Price
$775,000
Premium/Discount to List
-$75,000
-8.82%
Current Estimated Value
$1,065,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,640
Avg. Annual Appreciation
6.72%
Original Mortgage
$620,000
Outstanding Balance
$502,479
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$563,161

Purchase Details

Listed on
Oct 8, 2020
Closed on
Nov 9, 2020
Sold by
Walton Mary L
Bought by
Walton Mary L and The Mary L Walton 2016 Trust
Seller's Agent
Donna Hollifield
Remax Vision
Buyer's Agent
LAURIE KREIDER
Realty ONE Group Unlimited
List Price
$850,000
Sold Price
$775,000
Premium/Discount to List
-$75,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$502,479
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$563,161

Purchase Details

Closed on
Feb 7, 2019
Sold by
Walton Mary L
Bought by
Walton Mary L and The Mary L Walton 2016 Trust
Source: Public Records

Range of Values:

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Average Value
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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
Kauffman Joseph F $775,000 None Available
Walton Mary L -- None Available
Walton Mary L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kauffman Joseph F $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2020 11/27/20 Sold $775,000 -8.8% --
10/16/2020 10/16/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $850,000 -- --
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 $2,243 $199,500 $25,000 $174,500
2024 $2,083 $184,867 $0 $0
2023 $1,940 $170,233 $0 $0
2022 $1,813 $155,600 $25,000 $130,600
2021 $1,760 $149,100 $0 $0
2020 $1,570 $137,700 $0 $0
2019 $1,570 $136,100 $10,300 $125,800
2018 $1,630 $136,100 $10,300 $125,800
2017 $1,562 $136,100 $0 $0
2016 $1,561 $136,100 $0 $0
2015 $1,561 $136,100 $0 $0
2014 $1,596 $136,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC171394

Bright MLS

APN: 04-018680