NOT LISTED FOR SALE

551 Elk Mills Rd Elk Mills, MD 21920

Estimated Value: $408,000 - $508,000

5 Beds
2 Baths
2,773 Sq Ft
$168/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $475,000 $171 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,739/month

Highlights

  • Craftsman Architecture
  • Main Floor Bedroom
  • Mud Room
  • Traditional Floor Plan
  • 1 Fireplace
  • No HOA

About This Home

As of June 2024

Sold before processing. Beautiful fully updated farmhouse on 3 acres with 4 car detached garage.

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office Listed on: 07/01/2024

Last Buyer's Agent

Patricia Shores

(302) 437-4611 trish@shoresrealtor.com RE/MAX 1st Choice - Middletown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,833

Year Built

  • Built in 1925

Lot Details

  • 3.02 Acre Lot
  • Property is zoned ST

Parking

  • 4 Car Detached Garage
  • Parking Storage or Cabinetry
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Slate Roof

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Window Treatments
  • Mud Room
  • Family Room
  • Sitting Room
  • Dining Room
  • Den
  • Storage Room

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Shed
  • Outbuilding

Utilities

  • Ductless Heating Or Cooling System
  • Radiator
  • Heating System Uses Oil
  • Well
  • Oil Water Heater
  • Gravity Septic Field

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0804013603

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,833

Year Built

Built in 1925

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1925
  • Remarks Public: Sold before processing. Beautiful fully updated farmhouse on 3 acres with 4 car detached garage.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area, Window Treatments, Floor Plan - Traditional, Entry Level Bedroom
  • Window Features: Energy Efficient
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Den, Basement, Mud Room, Storage Room
  • Basement: Yes
  • Basement Type: Full, Sump Pump
  • Total Sq Ft: 4015
  • Living Area Sq Ft: 2773
  • Price Per Sq Ft: 171.29
  • Above Grade Finished Sq Ft: 2773
  • Below Grade Sq Ft: 1242
  • Total Below Grade Sq Ft: 1242
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 551

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Poultry House, Shed Shop
  • Construction Materials: Brick
  • Exterior Features: Outbuilding(s)
  • Roof: Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Gravel Driveway, Circular Driveway
  • Garage Features: Additional Storage Area, Oversized
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Gravity Sept Fld
  • 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: 3.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 131551.00
  • Year Assessed: 2024
  • Zoning: ST
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2833.00
  • Assessor Parcel Number: 0804013603
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 06/28/2024

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Jun 28, 2024
Sold by
Hummel Christopher
Bought by
Holloway Brian P and Holloway Lindsay M
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Patricia Shores
RE/MAX 1st Choice - Middletown
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$465,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,689
Avg. Annual Appreciation
-1.64%
Original Mortgage
$451,250
Outstanding Balance
$445,808
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$19,503

Purchase Details

Closed on
Mar 14, 2019
Sold by
Hummel Christopher and Lane Shannon R
Bought by
Hummel Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,359
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2016
Closed on
Jul 29, 2016
Sold by
Dorsman Gerald B and Cunningham Kathleen P
Bought by
Hummel Christopher and Lane Shannon R
Seller's Agent
Sierra Webster
Patterson-Schwartz-Newark
Buyer's Agent
Patricia Shores
RE/MAX 1st Choice - Middletown
List Price
$249,900
Sold Price
$203,000
Premium/Discount to List
-$46,900
-18.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$192,850
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 1985
Sold by
Pannell Joseph W and Pannell Louise
Bought by
Dorsman Gerald B and Cunningham Kathleen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
12.03%
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
Holloway Brian P $475,000 Kirsh Title
Hummel Christopher -- None Available
Hummel Christopher $203,000 None Available
Dorsman Gerald B $94,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holloway Brian P $451,250
Closed Holloway Brian P $0
Previous Owner Hummel Christopher $195,359
Previous Owner Hummel Christopher $192,850
Previous Owner Dorsman Gerald B $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2024 07/01/24 For Sale $475,000 0.0% $171 / Sq Ft
06/28/2024 06/28/24 Sold $475,000 +134.0% $171 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
07/29/2016 07/29/16 Sold $203,000 -15.4% $105 / Sq Ft View Prior Sale
06/22/2016 06/22/16 Pending -- -- --
05/17/2016 05/17/16 Price Changed $239,900 -4.0% $124 / Sq Ft
04/18/2016 04/18/16 For Sale $249,900 -- $129 / 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 $3,141 $281,500 $71,800 $209,700
2024 $2,365 $266,300 $0 $0
2023 $1,960 $251,100 $0 $0
2022 $2,603 $235,900 $71,800 $164,100
2021 $2,550 $223,833 $0 $0
2020 $2,460 $211,767 $0 $0
2019 $2,363 $199,700 $71,800 $127,900
2018 $2,334 $197,167 $0 $0
2017 $2,305 $194,633 $0 $0
2016 $2,178 $192,100 $0 $0
2015 $2,178 $192,100 $0 $0
2014 $2,034 $192,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patricia Shores

    Buyer's Agent in 2024

    Patricia Shores

    RE/MAX

    (302) 437-4611

    49 Total Sales

    Patricia Shores
    Section Image
  • Corrie Robinson

    Buyer Co-Listing Agent in 2024

    Corrie Robinson

    RE/MAX

    (302) 598-1708

    82 Total Sales

    Corrie Robinson
    Section Image
  • Sierra Webster

    Seller's Agent in 2016

    Sierra Webster

    Patterson Schwartz

    (302) 494-3192

    21 Total Sales

    Sierra Webster
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDCC2013492

Bright MLS

APN: 04-013603

Maryland Cecil County Elk Mills

551 Elk Mills Rd, Elk Mills, MD

This home is located at 551 Elk Mills Rd, Elk Mills, MD 21920 since 01 July 2024 and is currently estimated at $465,311, approximately $167 per square foot. This property was built in 1925. 551 Elk Mills Rd is a home located in Cecil County with nearby schools including Kenmore Elementary School, Cherry Hill Middle School, and Elkton High School.

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