NOT LISTED FOR SALE

359 W Main St Elkton, MD 21921

Estimated Value: $211,000 - $228,602

-- Bed
2 Baths
2,044 Sq Ft
$108/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $155,000 $76 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,369/month

Highlights

  • Colonial Architecture
  • Shed
  • Ceiling Fan
  • No HOA
  • 90% Forced Air Heating System
  • Electric Baseboard Heater

About This Home

As of February 2021

Great opportunity to own duplex in the town of Elkton. 2 Unit Duplex with 2 bedroom each. Lead Free Certification from MDE. Carpets and some flooring have been replaced as well as ceiling tiles on first level. Electric has been updated, along with newer roof and 1st Floor furnace. Each Unit has private drives and shed.

Last Agent to Sell the Property

Jennifer Sprout

(410) 920-3256 jsprout@rtarealty.com Integrity Real Estate Listed on: 12/04/2020

Integrity Real Estate

Last Buyer's Agent

Matt Beers

(443) 466-8649 matthew.beers@mail.com Spring Hill Real Estate, LLC.

Spring Hill Real Estate, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 1918

Lot Details

  • 7,492 Sq Ft Lot
  • Open Lot
  • Cleared Lot
  • Back Yard
  • Property is in average condition

Home Design

  • Duplex
  • Colonial Architecture
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,044 Sq Ft Home
  • Ceiling Fan
  • Basement
  • Exterior Basement Entry
  • Electric Oven or Range

Laundry

  • Electric Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Shed

Utilities

  • Window Unit Cooling System
  • 90% Forced Air Heating System
  • Electric Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 0803052796

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,175

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1918
  • Automatically Close On Close Date: No
  • Remarks Public: Great opportunity to own duplex in the town of Elkton. 2 Unit Duplex with 2 bedroom each. Lead Free Certification from MDE. Carpets and some flooring have been replaced as well as ceiling tiles on first level. Electric has been updated, along with newer roof and 1st Floor furnace. Each Unit has private drives and shed.
  • Special Features: None

Interior Features

  • Appliances: Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Total Sq Ft: 2044
  • Living Area Sq Ft: 2044
  • Price Per Sq Ft: 80.48
  • Above Grade Finished Sq Ft: 2044
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 359

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard - Electric, 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 62700.00
  • Land Assessed Value: 60500.00
  • Land Use Code: 110
  • Lot Features: Cleared, Open, Rear Yard
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7492.00
  • Property Condition: Average
  • Year Assessed: 2020
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Long Term, Yearly
  • Owner Pays: Sewer, Water
  • Rent Control: No
  • Total Actual Rent: 19440.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4451771
  • Tax Annual Amount: 2175.00
  • Assessor Parcel Number: 0803052796
  • Tax Total Finished Sq Ft: 2044
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/19/2021

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Feb 17, 2021
Sold by
Gillan Bradley Frederick
Bought by
Beers Matthew
Seller's Agent
Jennifer Sprout
Integrity Real Estate
Buyer's Agent
Matt Beers
Spring Hill Real Estate, LLC.
List Price
$164,500
Sold Price
$155,000
Premium/Discount to List
-$9,500
-5.78%
Current Estimated Value
$219,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,901
Avg. Annual Appreciation
7.78%
Original Mortgage
$115,500
Outstanding Balance
$103,302
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$116,599

Purchase Details

Listed on
Nov 11, 2011
Closed on
Nov 14, 2012
Sold by
Gillis Joseph C and Gillis Mary L
Bought by
Gillan Bradley Frederick
Seller's Agent
Norman Wehner
Real-Trust-Associates, LLC.
Buyer's Agent
Kathy McNally
Gold Key Realty
List Price
$149,500
Sold Price
$139,500
Premium/Discount to List
-$10,000
-6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.28%
Original Mortgage
$142,499
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Closed on
Jan 3, 2006
Sold by
Foley Richard
Bought by
Gillis Joseph C Mary L

Purchase Details

Closed on
Dec 30, 2005
Sold by
Foley Richard
Bought by
Gillis Joseph C Mary L

Purchase Details

Closed on
Sep 17, 1981
Sold by
Sturgill Robert E and Sturgill Bernice P
Bought by
Foley Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
18.22%
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
Beers Matthew $154,000 Liberty Title Se
Gillan Bradley Frederick $139,500 Kirsh Title Services Inc
Gillis Joseph C Mary L $163,700 --
Gillis Joseph C Mary L $163,700 --
Foley Richard $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beers Matthew $115,500
Previous Owner Gillan Bradley Frederick $142,499
Previous Owner Foley Richard $27,000
Closed Gillis Joseph C Mary L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2021 02/19/21 Sold $155,000 0.0% $76 / Sq Ft
02/19/2021 02/19/21 Sold $155,000 -5.8% $76 / Sq Ft View Prior Sale
01/14/2021 01/14/21 Pending -- -- --
01/14/2021 01/14/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $164,500 0.0% $80 / Sq Ft
11/24/2020 11/24/20 For Sale $164,500 +17.9% $80 / Sq Ft
11/14/2012 11/14/12 Sold $139,500 -6.7% $68 / Sq Ft View Prior Sale
10/15/2012 10/15/12 Pending -- -- --
11/11/2011 11/11/11 For Sale $149,500 -- $73 / 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 $2,485 $143,667 $0 $0
2024 $2,360 $136,400 $50,200 $86,200
2023 $2,288 $131,467 $0 $0
2022 $2,229 $126,533 $0 $0
2021 $2,159 $121,600 $48,200 $73,400
2020 $2,175 $121,600 $48,200 $73,400
2019 $2,175 $121,600 $48,200 $73,400
2018 $2,204 $123,200 $60,500 $62,700
2017 $2,011 $121,133 $0 $0
2016 $1,975 $119,067 $0 $0
2015 $1,975 $117,000 $0 $0
2014 $2,034 $117,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC172520

Bright MLS

APN: 03-052796