NOT LISTED FOR SALE

40 Industrial Rd North East, MD 21901

Estimated Value: $4,471,929

-- Bed
-- Bath
50,000 Sq Ft
$89/Sq Ft Est. Value

About This Home

This home is located at 40 Industrial Rd, North East, MD 21901 and is currently priced at $4,471,929, approximately $89 per square foot. 40 Industrial Rd is a home located in Cecil County with nearby schools including Bay View Elementary School, North East Middle School, and North East High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2022
Sold by
40 Industrial Drive Llc
Bought by
40 Industrial Sd Llc
Current Estimated Value
$4,471,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2021
Sold by
Regent Cabinets Llc
Bought by
40 Industrial Drive Llc

Purchase Details

Closed on
Dec 29, 2016
Sold by
The Maryland Foof Bank Inc
Bought by
Regent Cabintes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,040,000
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2015
Sold by
Peninsula Holdings Ii Llc
Bought by
The Maryland Food Bank Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage
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

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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
40 Industrial Sd Llc $4,000,000 New Title Company Name
40 Industrial Drive Llc -- Madison Title Agency Llc
Regent Cabintes Llc $2,400,000 None Available
The Maryland Food Bank Inc $2,515,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 40 Industrial Sd Llc $1,900,000
Previous Owner Regent Cabintes Llc $2,040,000
Previous Owner The Maryland Food Bank Inc $2,500,000
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 $1,291 $118,000 $118,000 $0
2024 $1,351 $118,000 $118,000 $0
2023 $24,556 $2,218,000 $118,000 $2,100,000
2022 $24,864 $2,202,267 $0 $0
2021 $24,362 $2,186,533 $0 $0
2020 $46,376 $2,170,800 $118,000 $2,052,800
2019 $21,218 $1,839,633 $0 $0
2018 $13,639 $1,508,467 $0 $0
2017 $13,050 $1,177,300 $0 $0
2016 $13,050 $1,177,300 $0 $0
2015 $13,050 $1,177,300 $0 $0
2014 -- $1,188,300 $0 $0
Source: Public Records

Map

Maryland Cecil County North East 21901

40 Industrial Rd, North East, MD

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