NOT LISTED FOR SALE

248 Mike Dr Elkton, MD 21921

Estimated Value: $248,738 - $256,000

3 Beds
2 Baths
1,296 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 248 Mike Dr, Elkton, MD 21921 and is currently estimated at $251,935, approximately $194 per square foot. 248 Mike Dr is a home located in Cecil County with nearby schools including Gilpin Manor Elementary School, Elkton Middle School, and Elkton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2021
Sold by
First State Realty Llc
Bought by
Ganga Holdings Llc
Current Estimated Value
$251,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Outstanding Balance
$841,709
Interest Rate
2.96%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$589,774
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Ganga Holdings Llc $1,700,000 Kirsh Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganga Holdings Llc $1,360,000
Source: Public Records

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 $2,714 $156,900 $0 $0
2024 $2,507 $144,900 $40,000 $104,900
2023 $2,388 $137,267 $0 $0
2022 $2,284 $129,633 $0 $0
2021 $2,166 $122,000 $40,000 $82,000
2020 $2,172 $121,400 $0 $0
2019 $2,161 $120,800 $0 $0
2018 $2,150 $120,200 $40,000 $80,200
2017 $2,030 $120,200 $0 $0
2016 $2,051 $120,200 $0 $0
2015 $2,051 $121,500 $0 $0
2014 $2,230 $121,500 $0 $0
Source: Public Records

Map

Maryland Cecil County Elkton 21921

248 Mike Dr, Elkton, MD

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