NOT LISTED FOR SALE

40646 Loretta Ln Mechanicsville, MD 20659

Estimated Value: $464,000 - $527,000

-- Bed
1 Bath
2,424 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 40646 Loretta Ln, Mechanicsville, MD 20659 and is currently estimated at $493,777, approximately $203 per square foot. 40646 Loretta Ln is a home located in St. Mary's County with nearby schools including Oakville Elementary School, Leonardtown Middle School, and Chopticon High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2007
Sold by
Alvey Carroll Louis
Bought by
Alvey William R and Alvey Stacey Alvey
Current Estimated Value
$493,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2007
Sold by
Alvey Carroll Louis
Bought by
Alvey William R and Alvey Stacey Alvey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.27%
Mortgage Type
Purchase Money 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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Alvey William R $375,000 --
Alvey William R $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvey William R $280,500
Closed Alvey William R $390,000
Closed Alvey William R $390,000
Previous Owner Alvey Carroll L $155,000
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 $4,546 $442,900 $118,400 $324,500
2024 $4,546 $415,967 $0 $0
2023 $4,260 $389,033 $0 $0
2022 $3,931 $362,100 $118,400 $243,700
2021 $3,854 $354,933 $0 $0
2020 $3,778 $347,767 $0 $0
2019 $3,701 $340,600 $113,400 $227,200
2018 $3,671 $337,833 $0 $0
2017 $3,623 $335,067 $0 $0
2016 -- $332,300 $0 $0
2015 $3,065 $316,900 $0 $0
2014 $3,065 $301,500 $0 $0
Source: Public Records

Map

Maryland St Marys County Mechanicsville 20659

40646 Loretta Ln, Mechanicsville, MD

This home is located at 40646 Loretta Ln, Mechanicsville, MD 20659 and is currently estimated at $493,777, approximately $203 per square foot. 40646 Loretta Ln is a home located in St. Mary's County with nearby schools including Oakville Elementary School, Leonardtown Middle School, and Chopticon High School.

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