40 Commerce Ln Prince Frederick, MD 20678
Estimated Value: $2,448,573
Studio
--
Bath
23,277
Sq Ft
$105/Sq Ft
Est. Value
About This Home
This home is located at 40 Commerce Ln, Prince Frederick, MD 20678 and is currently estimated at $2,448,573, approximately $105 per square foot. 40 Commerce Ln is a home located in Calvert County with nearby schools including Calvert Elementary School, Calvert Middle School, and Calvert High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 30, 2024
Sold by
Bijal Investment Llc
Bought by
Sat Kaiwal Iv Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,571,988
Interest Rate
6.66%
Mortgage Type
Seller Take Back
Estimated Equity
$907,325
Purchase Details
Closed on
Apr 9, 2019
Sold by
Bijal Investment Llc
Bought by
State Highway Admin Of Dept Of Trans
Purchase Details
Closed on
Feb 3, 2009
Sold by
Prince Frederick Lodging Inc
Bought by
Bijal Investment Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sat Kaiwal Iv Llc | $2,219,000 | None Listed On Document | |
| State Highway Admin Of Dept Of Trans | $11,611,500 | None Available | |
| Bijal Investment Llc | $3,215,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sat Kaiwal Iv Llc | $1,600,000 |
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 | $28,012 | $2,625,667 | $0 | $0 |
| 2024 | $28,012 | $2,581,600 | $735,000 | $1,846,600 |
| 2023 | $26,813 | $2,580,700 | $0 | $0 |
| 2022 | $26,804 | $2,579,800 | $0 | $0 |
| 2021 | $26,955 | $2,578,900 | $735,000 | $1,843,900 |
| 2020 | $26,304 | $2,543,200 | $0 | $0 |
| 2019 | $26,304 | $2,507,500 | $0 | $0 |
| 2018 | $25,929 | $2,471,800 | $850,200 | $1,621,600 |
| 2017 | $25,439 | $2,385,233 | $0 | $0 |
| 2016 | -- | $2,298,667 | $0 | $0 |
| 2015 | -- | $2,212,100 | $0 | $0 |
| 2014 | -- | $2,212,100 | $0 | $0 |
Source: Public Records
Map
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