NOT LISTED FOR SALE

550 Red Hill Rd Elkton, MD 21921

Estimated Value: $178,000 - $319,965

3 Beds
2 Baths
1,536 Sq Ft
$160/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $165,000 $107 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,647/month

165 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Living Room
  • 1 Fireplace
  • 1 Car Detached Garage
  • En-Suite Primary Bedroom

About This Home

As of May 2024

Elkton three bedroom two bath rancher with detached garage. Amenities include a fireplace, wood floors,fenced yard and full basement with exterior entrance, and backs to woods . Located at the Delaware state line with easy access to major commuting routes. Property will require cash or a renovation loan due to condition.

Last Agent to Sell the Property

Aaron Butler

Real Estate Consultants License #524396 Listed on: 10/19/2023

Last Buyer's Agent

Mr. Leonard Tehrani

Empower Real Estate, LLC License #AB069180

Empower Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,446

Year Built

  • Built in 1964

Lot Details

  • 0.46 Acre Lot
  • Property is zoned DR

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Frame Construction

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0803021300

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,446

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Remarks Public: Elkton three bedroom two bath rancher with detached garage. Amenities include a fireplace, wood floors,fenced yard and full basement with exterior entrance, and backs to woods . Located at the Delaware state line with easy access to major commuting routes. Property will require cash or a renovation loan due to condition.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3072
  • Living Area Sq Ft: 1536
  • Price Per Sq Ft: 113.87
  • Above Grade Finished Sq Ft: 1536
  • Below Grade Sq Ft: 1536
  • Total Below Grade Sq Ft: 1536
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 550

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: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • 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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20037.60
  • Year Assessed: 2023
  • Zoning: DR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3446.00
  • Assessor Parcel Number: 0803021300
  • Tax Total Finished Sq Ft: 1536
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 05/31/2024

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
May 31, 2024
Sold by
Vrmtg Asset Trust and Us Bank Trust Na
Bought by
Sejas Salguero Maria Eugenia
Seller's Agent
Aaron Butler
Real Estate Consultants
Buyer's Agent
Mr. Leonard Tehrani
Empower Real Estate, LLC
List Price
$184,900
Sold Price
$165,000
Premium/Discount to List
-$19,900
-10.76%
Views
581
Current Estimated Value
$245,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,491
Avg. Annual Appreciation
21.81%

Purchase Details

Closed on
Feb 26, 2024
Sold by
Savage William M
Bought by
Vrmtg Asset Trust and Us Bank Trust

Purchase Details

Closed on
Jun 17, 2008
Sold by
Molitor Loretta M
Bought by
Pugh Frances Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2008
Sold by
Molitor Loretta M
Bought by
Pugh Frances Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
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
Sejas Salguero Maria Eugenia $165,000 Residential Title
Vrmtg Asset Trust $140,000 None Listed On Document
Pugh Frances Marie $243,000 --
Pugh Frances Marie $243,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pugh Frances Marie $194,400
Previous Owner Pugh Frances Marie $194,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $165,000 -5.7% $107 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/20/2024 03/20/24 Price Changed $174,900 -5.4% $114 / Sq Ft
02/25/2024 02/25/24 For Sale $184,900 +12.1% $120 / Sq Ft
12/06/2023 12/06/23 Off Market $165,000 -- --
11/22/2023 11/22/23 Price Changed $184,900 0.0% $120 / Sq Ft
11/22/2023 11/22/23 For Sale $184,900 +12.1% $120 / Sq Ft
11/09/2023 11/09/23 Off Market $165,000 -- --
10/19/2023 10/19/23 For Sale $220,000 -- $143 / 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 $3,641 $210,467 $0 $0
2024 $3,391 $196,000 $70,000 $126,000
2023 $2,686 $194,600 $0 $0
2022 $3,404 $193,200 $0 $0
2021 $3,335 $191,800 $70,000 $121,800
2020 $3,335 $186,400 $0 $0
2019 $3,238 $181,000 $0 $0
2018 $3,201 $175,600 $85,000 $90,600
2017 $3,201 $175,600 $0 $0
2016 $3,055 $175,600 $0 $0
2015 $3,055 $177,400 $0 $0
2014 $2,043 $177,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Aaron Butler

    Real Estate Consultants

    (410) 620-4359

    116 Total Sales

    Section Image
  • Mr. Leonard Tehrani

    Buyer's Agent in 2024

    Mr. Leonard Tehrani

    Empower Real Estate, LLC

    (267) 443-8362

    30 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDCC2010854

Bright MLS

APN: 03-021300

Maryland Cecil County Elkton 21921

550 Red Hill Rd, Elkton, MD

This home is located at 550 Red Hill Rd, Elkton, MD 21921 since 19 October 2023 and is currently estimated at $245,491, approximately $159 per square foot. This property was built in 1964. 550 Red Hill Rd is a home located in Cecil County with nearby schools including Thomson Estates Elementary School, Elkton Middle School, and Elkton High School.

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