NOT LISTED FOR SALE

40 Canal Dr Elkton, MD 21921

Estimated Value: $966,000 - $1,102,000

3 Beds
2.5 Baths
4,700 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $900,000 $191 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,098/month

19 Days on Market

Highlights

  • 125 Feet of Waterfront
  • 1 Dock Slip
  • Access to Tidal Water
  • Primary bedroom faces the bay
  • Parking available for a boat
  • Fishing Allowed

About This Home

As of May 2023

Fabulous waterfront property located on Back Creek/ C & D Canal. Be mesmerized by the different vessels as they pass by or know ahead by the maritime app. This 3 bedroom 2.5 bath contemporary has had some very nice upgrades as new dock with 15k lb boat lift, & two jet ski lifts, new decking with gazebo, trex decking for balconies on second floor, new metal roof, & new metal shed, 32'x32'. A community boat ramp is located at the end of the street for small boats.
Inside new maintenance free vinyl plank flooring, new kitchen counter tops and appliances. Extra space above the garage and conditioned space off one of the 2 bedrooms on the second floor. Along with a great boating area, the land location is ideal for commuting north or south.

Last Agent to Sell the Property

Ashton Kelley

(410) 275-2118 realestate@gunthermcclary.com Gunther-McClary Real Estate Listed on: 03/23/2023

Last Buyer's Agent

Jennifer Vernon

(410) 287-8080 integritynortheast@gmail.com Integrity Real Estate License #675839

Integrity Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,929

Year Built

  • Built in 1973 | Remodeled in 2019

Lot Details

  • 0.74 Acre Lot
  • 125 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Cul-De-Sac
  • Property is Fully Fenced
  • Wood Fence
  • Landscaped
  • Property is in very good condition
  • Property is zoned RR

Parking

  • 4 Garage Spaces | 2 Direct Access and 2 Detached
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Parking available for a boat

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Metal Roof
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Stone Fireplace
  • Great Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Hobby Room
  • Canal Views
  • Attic

Kitchen

  • Butlers Pantry
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Access to Tidal Water
  • Private Water Access
  • Property is near a canal
  • Personal Watercraft
  • Bulkhead
  • Rip-Rap
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Balcony
  • Deck
  • Exterior Lighting
  • Gazebo
  • Office or Studio
  • Outbuilding
  • Breezeway
  • Rain Gutters

Utilities

  • Dehumidifier
  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Back Up Oil Heat Pump System
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Water Conditioner
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0802016621

Community Details

Overview

  • No Home Owners Association
  • Deerhaven Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,929

Year Built

Built in 1973 | Remodeled in 2019

Lot Details

0.74 Acres

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: Chicken houses to be removed
  • Inclusions: Generator, 3 boat lifts
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1973
  • Year Renovated: 2019
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Refrigerator, Water Conditioner - Owned, Built-In Range, Washer, Dryer
  • Interior Amenities: Butlers Pantry, Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Pantry, Primary Bedroom - Bay Front, Upgraded Countertops, Walk-In Closet(s), Water Treat System
  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Dining Room, Kitchen, Basement, Great Room, Laundry, Attic, Bonus Room, Hobby Room
  • Basement: Yes
  • Basement Type: Full, Interior Access
  • Laundry Type: Main Floor
  • Total Sq Ft: 4700
  • Living Area Sq Ft: 4700
  • Price Per Sq Ft: 282.20
  • Above Grade Finished Sq Ft: 3366
  • Below Grade Finished Sq Ft: 1334
  • Total Below Grade Sq Ft: 1334
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Gazebo, Office/Studio
  • Construction Materials: Cedar
  • Exterior Features: Boat Storage, Outbuilding(s), Exterior Lighting, Gutter System
  • Roof: Metal
  • Spa: No
  • View: Canal
  • Water Access Features: Private Access, Boat - Powered, Fishing Allowed, Personal Watercraft (PWC)
  • Water Access: Yes
  • Water Body Name: Back Creek & C&D Canal
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 125

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Dehumidifier, Heat Pump(s)
  • Heating Fuel: Oil
  • Heating Type: Heat Pump - Oil Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well, Conditioner

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Fencing: Fully, Wood
  • Improvement Assessed Value: 312500.00
  • Land Assessed Value: 361700.00
  • Lot Features: Bulkheaded, Cul-De-Sac, Landscaping
  • Lot Size Acres: 0.74
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32234.00
  • Outdoor Living Structures: Balcony, Breezeway, Deck(s)
  • Property Condition: Very Good
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4445311
  • Tax Annual Amount: 6929.00
  • Assessor Parcel Number: 0802016621
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Waterfront Features: Rip-Rap

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
May 22, 2023
Sold by
Croft Charles W
Bought by
Mcnaughton Kenneth C
Seller's Agent
Ashton Kelley
Gunther-McClary Real Estate
Buyer's Agent
Jennifer Vernon
Integrity Real Estate
List Price
$949,900
Sold Price
$900,000
Premium/Discount to List
-$49,900
-5.25%
Views
104
Current Estimated Value
$1,029,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,695
Avg. Annual Appreciation
4.85%
Original Mortgage
$600,000
Outstanding Balance
$580,232
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$449,463

Purchase Details

Closed on
Mar 3, 2023
Sold by
Croft Charles W and Croft Kathleen F
Bought by
Croft Charles W and Croft Kathleen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2021
Sold by
Croft Charles W and Croft Kathleen F
Bought by
Croft Charles W and Croft Kathleen F

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 13, 2018
Sold by
Viars Eileen S and The Estate Of Bonnie Zoe Bartl
Bought by
Four C Sun Farm Llc
Seller's Agent
Michele Burch
Patterson-Schwartz-Middletown
Buyer's Agent
Dan Carson
American Premier Realty, LLC
List Price
$490,000
Sold Price
$488,000
Premium/Discount to List
-$2,000
-0.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%

Purchase Details

Closed on
Nov 19, 2012
Sold by
Davis Kathryn Ann and Davis Kathryn M
Bought by
Bartlett Bonnie Zoe

Purchase Details

Closed on
Oct 23, 1979
Sold by
Raybuck William B and Raybuck Mervin F
Bought by
Davis Richard K and Davis Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
11.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Mcnaughton Kenneth C $900,000 Equitable Title
Mcnaughton Kenneth C $900,000 Equitable Title
Croft Charles W -- Equitable Title
Croft Charles W -- Equitable Title
Croft Charles W -- None Available
Four C Sun Farm Llc $448,000 Gete Title Group Llc
Bartlett Bonnie Zoe $546,300 None Available
Davis Richard K $124,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnaughton Kenneth C $600,000
Closed Mcnaughton Kenneth C $600,000
Previous Owner Croft Charles W $326,000
Previous Owner Davis Richard K $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2023 05/22/23 Sold $900,000 -5.3% $191 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $949,900 +94.7% $202 / Sq Ft
09/13/2018 09/13/18 Sold $488,000 -0.4% $126 / Sq Ft View Prior Sale
08/27/2018 08/27/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $490,000 -- $126 / Sq Ft
Source: Bright MLS

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 $8,180 $741,967 $0 $0
2024 $7,088 $674,200 $361,700 $312,500
2023 $6,151 $642,033 $0 $0
2022 $6,929 $609,867 $0 $0
2021 $6,790 $577,700 $361,700 $216,000
2020 $16 $545,567 $0 $0
2019 $5,922 $513,433 $0 $0
2018 $5,611 $481,300 $311,700 $169,600
2017 $4,769 $454,033 $0 $0
2016 $4,465 $426,767 $0 $0
2015 $4,465 $399,500 $0 $0
2014 $3,503 $399,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC2008124

Bright MLS

APN: 02-016621

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