NOT LISTED FOR SALE

40 Wright Ave Elk Mills, MD 21920

Estimated Value: $249,000 - $336,000

Studio
2 Baths
2,040 Sq Ft
$138/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $205,000 $100 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,663/month

29 Days on Market

Highlights

  • Craftsman Architecture
  • Porch
  • Central Heating
  • No HOA
  • Shed

About This Home

As of December 2021

Back on the Market due to a financing fall through. TURN KEY investment! Live in one and rent the other! Nice duplex just outside Elkton, Maryland. Two similar units with two bedrooms and a den on the second level. House is serviced by well, newly installed holding tanks, and has oil heat. There is a newly paved driveway for each unit. Ample storage in the attic. USDA eligible area.

Last Agent to Sell the Property

Jeremy Martin

(410) 515-2000 christy.adkins@cbmove.com Coldwell Banker Realty License #RS0037679 Listed on: 08/06/2021

Coldwell Banker Realty

Last Buyer's Agent

Heather Ptaszynski

(410) 879-8080 mikes@lnf.com Long & Foster Real Estate, Inc. License #602780

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,553

Year Built

  • Built in 1930

Lot Details

  • 8,755 Sq Ft Lot
  • Rural Setting
  • Property is in good condition

Home Design

  • Duplex
  • Craftsman Architecture
  • Side-by-Side
  • Aluminum Siding

Interior Spaces

  • 2,040 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces

Outdoor Features

  • Shed
  • Porch

Utilities

  • Central Heating
  • Heating System Uses Oil
  • Well
  • Oil Water Heater
  • Sewer Holding Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 0803007952

Community Details

Overview

  • No Home Owners Association
  • Elk Mills Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,553

Year Built

Built in 1930

Lot Details

8,755 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side, Craftsman
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2040
  • Living Area Sq Ft: 2040
  • Price Per Sq Ft: 97.99
  • Above Grade Finished Sq Ft: 2040
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Holding Tank
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Well
  • Municipal Trash: No
  • Internet Services: Broadband

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8755.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: ST
  • In City Limits: No

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1553.00
  • Assessor Parcel Number: 0803007952
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Dec 3, 2021
Sold by
Coles Seth M
Bought by
Adjanor Tammy Jo
Seller's Agent
Jeremy Martin
Coldwell Banker Realty
Buyer's Agent
Heather Ptaszynski
Long & Foster Real Estate, Inc.
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Current Estimated Value
$281,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,756
Avg. Annual Appreciation
7.68%
Original Mortgage
$174,250
Outstanding Balance
$159,010
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$122,746

Purchase Details

Listed on
Oct 1, 2019
Closed on
May 1, 2020
Sold by
Ceccotti Santino
Bought by
Coles Seth M
Seller's Agent
Jim Pettit
RE/MAX Elite
Buyer's Agent
Jeremy Martin
Coldwell Banker Realty
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.05%
Original Mortgage
$132,554
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2014
Sold by
Ceccotti Federico S and Ceccotti Liliana
Bought by
Ceccotti Santino

Purchase Details

Closed on
Sep 10, 2007
Sold by
Consiglio Rew
Bought by
Ceccotti Federico S and Ceccotti Liliana

Purchase Details

Closed on
Feb 1, 2005
Sold by
Janemar Llc
Bought by
Consiglio Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2005
Sold by
Janemar Llc
Bought by
Consiglio Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2003
Sold by
Hughes Ray A and Hughes Mary E
Bought by
Hughes Ray A and Hughes Mary E

Purchase Details

Closed on
Jan 10, 2003
Sold by
Hughes Ray A and Hughes Mary E
Bought by
Hughes Ray A and Hughes Mary E

Purchase Details

Closed on
Sep 12, 1994
Sold by
Zale
Bought by
Hughes Ray A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.54%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Adjanor Tammy Jo $205,000 Sage Title Group Llc
Coles Seth M $135,000 Kirsh Title Services Inc
Ceccotti Santino -- Attorney
Ceccotti Federico S $172,500 --
Consiglio Andrew $150,000 --
Consiglio Andrew $150,000 None Available
Hughes Ray A -- --
Janemar Llc -- --
Hughes Ray A -- --
Hughes Ray A $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adjanor Tammy Jo $174,250
Closed Adjanor Tammy Jo $174,250
Previous Owner Coles Seth M $132,554
Previous Owner Consiglio Andrew $130,000
Previous Owner Hughes Ray A $50,000
Closed Janemar Llc --
Closed Hughes Ray A $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2021 12/03/21 Sold $205,000 +2.6% $100 / Sq Ft
10/08/2021 10/08/21 Price Changed $199,900 0.0% $98 / Sq Ft
10/08/2021 10/08/21 For Sale $199,900 -3.4% $98 / Sq Ft
09/05/2021 09/05/21 Price Changed $207,000 +1.0% $101 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
08/30/2021 08/30/21 Off Market $205,000 -- --
08/15/2021 08/15/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $199,990 +48.1% $98 / Sq Ft
05/01/2020 05/01/20 Sold $135,000 -3.5% $66 / Sq Ft View Prior Sale
10/01/2019 10/01/19 For Sale $139,900 -- $69 / 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 $2,177 $193,400 $34,100 $159,300
2024 $1,631 $175,500 $0 $0
2023 $1,101 $157,600 $0 $0
2022 $1,633 $139,700 $34,100 $105,600
2021 $1,601 $134,600 $0 $0
2020 $3,107 $129,500 $0 $0
2019 $1,435 $124,400 $34,100 $90,300
2018 $1,487 $123,700 $0 $0
2017 $1,409 $123,000 $0 $0
2016 $1,395 $122,300 $0 $0
2015 $1,395 $121,033 $0 $0
2014 $1,254 $119,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC2001060

Bright MLS

APN: 03-007952

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