NOT LISTED FOR SALE

40 Montrose Ln Elkton, MD 21921

Estimated Value: $345,697 - $435,000

3 Beds
2 Baths
2,021 Sq Ft
$187/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $275,000 $136 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,199/month

Highlights

  • Rambler Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of November 2021

House went under contract while processing listing.

Last Agent to Sell the Property

Sheila Tome

(443) 907-2185 sheilatomerealtor@gmail.com Empower Real Estate, LLC License #650793 Listed on: 07/08/2021

Empower Real Estate, LLC

Last Buyer's Agent

Sheila Tome

(443) 907-2185 sheilatomerealtor@gmail.com Empower Real Estate, LLC License #650793 Listed on: 07/08/2021

Empower Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,075

Year Built

  • Built in 1975

Lot Details

  • 0.64 Acre Lot
  • Property is zoned RR

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 2,021 Sq Ft Home
  • Property has 1 Level
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0804009274

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,075

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Remarks Public: House went under contract while processing listing.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: Yes
  • Total Sq Ft: 2021
  • Living Area Sq Ft: 2021
  • Price Per Sq Ft: 141.02
  • Above Grade Finished Sq Ft: 2021
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: 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: 124700.00
  • Land Assessed Value: 72000.00
  • Land Use Code: 110
  • Lot Size Acres: 0.64
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28096.00
  • Year Assessed: 2021
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4457499
  • Tax Annual Amount: 2075.00
  • Assessor Parcel Number: 0804009274
  • Tax Total Finished Sq Ft: 2021
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/01/2021

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Nov 1, 2021
Sold by
Laird Jones Sara R
Bought by
Vannoy John A
Seller's Agent
Sheila Tome
Empower Real Estate, LLC
Buyer's Agent
Sheila Tome
Empower Real Estate, LLC
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Current Estimated Value
$378,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,924
Avg. Annual Appreciation
8.37%
Original Mortgage
$233,750
Outstanding Balance
$214,251
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$164,673

Purchase Details

Closed on
Apr 22, 2005
Sold by
Jones David A
Bought by
Jones David A

Purchase Details

Closed on
Apr 13, 2005
Sold by
Jones David A
Bought by
Jones David A and Laird Jones Sara R

Purchase Details

Closed on
May 24, 2001
Sold by
Jones David A and Jones Deborah E
Bought by
Jones David A
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
Vannoy John A $275,000 Stewart Title Guaranty Compa
Jones David A -- --
Jones David A -- None Available
Jones David A -- --
Jones David A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vannoy John A $233,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2021 11/01/21 Sold $275,000 -3.5% $136 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $285,000 -- $141 / 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 $2,577 $230,000 $72,000 $158,000
2024 $2,106 $218,900 $0 $0
2023 $1,655 $207,800 $0 $0
2022 $2,275 $196,700 $72,000 $124,700
2021 $2,230 $185,733 $0 $0
2020 $2,108 $174,767 $0 $0
2019 $1,889 $163,800 $72,000 $91,800
2018 $1,949 $163,800 $72,000 $91,800
2017 $1,910 $163,800 $0 $0
2016 $1,893 $167,700 $0 $0
2015 $1,893 $166,233 $0 $0
2014 $1,717 $164,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC2000378

Bright MLS

APN: 04-009274