2 months on rocket

77 Mimosa Ln, Elkton, MD, 21921

$1,700,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,000 SqFt
$567/SqFt
House
Schools Nearby

Location

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77 Mimosa Ln, Elkton$1,700,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingOther, Attached Garage, Driveway
Garage1 space
Year Built1978
HeatingBaseboard
CoolingNone
BasementYes
ViewPond, Pasture, Panoramic, Trees/Woods, Water
MLS #MDCC2012014
Lot Size31.71 Acres
StatusActive
(ACTIVE)

About 77 Mimosa Ln

Don't miss this rare opportunity to own a sprawling property in Elkton, Maryland, featuring not one, but three ranch homes on over 31 acres of scenic land! This expansive estate not only offers subdivision potential but also provides a blend of vast open spaces and wooded areas. Embrace the rural charm of Elkton with this exceptional listing. The property presents a unique opportunity for subdivision, with the potential to create up to 7 individual lots (subject to Cecil County approval) This picturesque estate is graced with mature trees and includes three single-family ranch homes, each brimming with character: A 3 bedroom, 2 bathroom home with a basement A 3 bedroom, 2 bathroom home A 3 bedroom, 1 bathroom home Previously serving as rental properties, these homes are being sold 'as-is', adding to the investment allure of the land. At the heart of this estate is a peaceful pond, offering a serene setting and enhancing the area's natural beauty. The property's ideal location ensures easy access to I-95, facilitating effortless commutes. It's merely a 30-minute drive to Wilmington, and less than an hour from both Philadelphia and Baltimore. Whether you're seeking an investment opportunity or dreaming of a vast expanse of land for outdoor enjoyment, starting a small farm, or building your dream home, this property is a perfect fit. Discover the tranquility of nature and the potential for growth with this unique Elkton property, now ready for its new owner.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1978
  • Living Area: 3,000 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Wilmington
  • Office Phone: (302) 299-1100
  • Listing Agent: Michael Terranova Jr.

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • View: Pond, Pasture, Panoramic, Trees/Woods, Water

Parking Information:

  • Garage Space: 1 space
  • Parking: Other, Attached Garage, Driveway

Virtual/3D Tour

  • Virtual Tour: 77 Mimosa Ln

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 31.71 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

  • North East High School, Public District Grades 9-12
  • Cherry Hill Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: south on Union Church Road then right on Tonys Road the property is on your left (77 Mimosa Lane)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,700,000
  • Price Per SqFt: $567/SqFt

Tax Information:

  • Annual Amount: $5,456
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Elkton, MD.

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Elkton, MD

City

Med. Sold Price

$325K

Med. Price/SqFt

$179

Avg. Days On Market

19

# of Sold Homes

18

77 Mimosa Ln vs Elkton

60 DAYS ON ROCKET

+41 Days

$1,700,000

+$1.3M More

$567/SqFt

+$388 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $388/SqFt more than other homes in Elkton, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDCC2012014

Listing Office:

  • Office Name: Keller Williams Realty Wilmington
  • Office Phone: (302) 299-1100
  • Listing Agent: Michael Terranova Jr.

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 11:00:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,456$528,200
2020$5,833$500,600
2019$5,515$473,000
2018$5,431$465,700
2017$5,347$458,400

History based on county public records data.

Payment Calculator

$8,552

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,163

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2176254
6
/10

  • Cherry Hill Middle School

  • 2535 Singerly Rd

  • 3.38 miles

  • Public District Grades 6-8

High School

school-card-donut-2176255
4
/10

  • North East High School

  • 300 Irishtown Rd

  • 4.41 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,168. The majority of Elkton, MD residents have income between $35k-100k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 77 Mimosa Ln

What is the listing price of this property?

The listing price of 77 Mimosa Ln property is $1,700,000.

What type of property is this?

The property 77 Mimosa Ln is a house located in Elkton, Maryland, 21921.

Is this property for sale now?

Active Listing: 77 Mimosa Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 77 Mimosa Ln are:
Cherry Hill Middle School: GreatSchools Rating 6/10
North East High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,456 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 77 Mimosa Ln is 3,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 77 Mimosa Ln is 1978.

Rocket Homes›Maryland›Cecil County›Elkton›21921›77 Mimosa Ln

This home is located at 77 Mimosa Ln in Elkton, MD and zip code 21921. This 3,000 square foot home, which was built in 1978, sits on a 31.71 acre lot. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $1,700,000.

Over 6 listings were sold over their listed price in March 2024 in Elkton, MD. In the same period over 8 listings were sold below the listed price and 4 listings were sold for the listed price. In March 2024 in Elkton, MD there were 1.5% more homes for sale than in February 2024. Listings spent 19 days on the market in March 2024, and had a median list price of $325,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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