NOT LISTED FOR SALE

38465 Laurel Ridge Ct Mechanicsville, MD 20659

Estimated Value: $387,407 - $434,000

-- Bed
1 Bath
1,104 Sq Ft
$367/Sq Ft Est. Value

About This Home

This home is located at 38465 Laurel Ridge Ct, Mechanicsville, MD 20659 and is currently estimated at $405,102, approximately $366 per square foot. 38465 Laurel Ridge Ct is a home located in St. Mary's County with nearby schools including White Marsh Elementary School, Margaret Brent Middle School, and Chopticon High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2021
Sold by
Mcelhaney Kevin D
Bought by
Christensen Wesley Cordes
Current Estimated Value
$405,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$242,237
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$134,233

Purchase Details

Closed on
Jul 10, 2000
Sold by
Carter Merritt B
Bought by
Mcelhaney Kevin D

Purchase Details

Closed on
Sep 14, 1994
Sold by
Leddy Mp
Bought by
Carter Merritt B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,990
Interest Rate
8.38%

Purchase Details

Closed on
Jul 18, 1988
Sold by
Swarey Israel Z
Bought by
Leddy Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,400
Interest Rate
10.44%
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
Christensen Wesley Cordes $325,000 First American Mortgage Sln
Mcelhaney Kevin D $115,990 --
Carter Merritt B $104,990 --
Leddy Michael P $68,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christensen Wesley Cordes $260,000
Previous Owner Mcelhaney Kevin D $178,500
Previous Owner Mcelhaney Kevin D $155,350
Previous Owner Mcelhaney Kevin D $163,590
Previous Owner Mcelhaney Kevin D $161,000
Previous Owner Carter Merritt B $104,990
Previous Owner Leddy Michael P $67,400
Closed Mcelhaney Kevin D --
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 $3,416 $331,567 $0 $0
2024 $3,416 $312,700 $108,000 $204,700
2023 $3,114 $287,067 $0 $0
2022 $2,843 $261,433 $0 $0
2021 $2,572 $235,800 $108,000 $127,800
2020 $2,543 $233,200 $0 $0
2019 $2,514 $230,600 $0 $0
2018 $2,471 $228,000 $103,000 $125,000
2017 $2,403 $228,000 $0 $0
2016 -- $228,000 $0 $0
2015 $1,852 $236,600 $0 $0
2014 $1,852 $236,600 $0 $0
Source: Public Records

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