40 Tower Point Rd Chesapeake City, MD 21915
Estimated Value: $370,000 - $407,000
4
Beds
2
Baths
1,168
Sq Ft
$333/Sq Ft
Est. Value
About This Home
This home is located at 40 Tower Point Rd, Chesapeake City, MD 21915 and is currently estimated at $388,567, approximately $332 per square foot. 40 Tower Point Rd is a home located in Cecil County with nearby schools including Chesapeake City Elementary School, Bohemia Manor Middle School, and Bohemia Manor High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 2008
Sold by
Platter William C and Platter Lynne
Bought by
Smith Mark A and Smith Valerie A
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
$209,907
Outstanding Balance
$137,788
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$250,779
Purchase Details
Closed on
Oct 24, 2008
Sold by
Platter William C and Platter Lynne
Bought by
Smith Mark A and Smith Valerie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,907
Outstanding Balance
$137,788
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$250,779
Purchase Details
Closed on
Aug 19, 1997
Sold by
Daniel Bruce W and Daniel Patrice M
Bought by
Platter William C and Platter Lynne
Purchase Details
Closed on
Jun 21, 1989
Sold by
Dow David C and Dow Lucille C
Bought by
Daniel Bruce W and Daniel Patrice M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,500
Interest Rate
10.04%
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Mark A | $246,950 | -- | |
| Smith Mark A | $246,950 | -- | |
| Platter William C | $125,750 | -- | |
| Daniel Bruce W | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Mark A | $209,907 | |
| Closed | Smith Mark A | $209,907 | |
| Previous Owner | Daniel Bruce W | $113,500 | |
| Closed | Platter William C | -- |
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 | $2,552 | $227,767 | $0 | $0 |
| 2024 | $2,106 | $218,900 | $101,200 | $117,700 |
| 2023 | $1,719 | $213,600 | $0 | $0 |
| 2022 | $2,406 | $208,300 | $0 | $0 |
| 2021 | $2,358 | $203,000 | $101,200 | $101,800 |
| 2020 | $2,330 | $196,800 | $0 | $0 |
| 2019 | $2,258 | $190,600 | $0 | $0 |
| 2018 | $2,187 | $184,400 | $111,200 | $73,200 |
| 2017 | $2,187 | $184,400 | $0 | $0 |
| 2016 | $2,110 | $184,400 | $0 | $0 |
| 2015 | $2,110 | $185,900 | $0 | $0 |
| 2014 | $2,141 | $185,900 | $0 | $0 |
Source: Public Records
Map
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