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Off market
  • $530,200

    250 E Main St, Elkton, MD 21921

    10beds
    6,470sqft
    MultiFamily
    Built in 1890
    -- sqft lot
    $530,200 Zestimate®
    $82/sqft
    $1,410 Estimated rent

    Home value

    $530,200

    $445,000 - $620,000

    $1,410/mo

    Zestimate® history
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    $3,144/mo

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    What's special

    Water viewsSeparate dining roomsNew electric possiblyCopper pipes throughoutFlat roofsOriginal stained glass windowDecorative marble

    Unique and historical multifamily divided home. Separated into 6 full units with all of their own kitchens, bathrooms, living rooms and several with separate dining rooms, also electric meters and thermostats individual to each unit. The bedrooms are 4 units at 2bdrm, and 2 units at 1bdrm. The units are all very large, 2 units per floor. All together there are 40+ rooms in the house at 6 kitchens, 6 bathrooms, 10 bedrooms, 6 living rooms, 3 dining rooms, 2 kitchens large enough to eat in and a lobby and foyer on each floor. 7 separate electric meters, 6 separate thermostats, and 6 separate water meters, furnace replaced in 2017@$16,000.00. 5 fireplaces in decorative marble and or tile and possibly more behind walls that were built to separate rooms in the 1970s. Some walk in closets, 2 porches, and 2 balconies as well as 2 glass decorative sunrooms. Original stained glass window in first floor lobby. Detached 3 car garage. Basement is full size of home but unfinished with inside and outside walk in entrances, 2 stair cases 1 large main grand beautiful set, and a smaller set of servants stairs inside of the center of the home to access the basement from upstairs. Sits on a double lot that is a half of an acre which is very rare in this area, includes 250 E. Main and what was 248 E. Main. Many rooms on the second floor, and a back balcony have water views of the ponds behind the house which are teeming with wildlife. Some electric upgrades done in the 1970s but in need of new electric possibly, all copper pipes throughout but in need of some plumbing repairs due to clogged or leaking drains and sinks. The main roof in perfectly fine condition but 3 very small flat roofs need replacing or repaired, some sofit needs repaired and in need of gutters to be rehung most likely as they're hung wrong and causing some very small flat roofs issues. The flat roofs are 10x10, 10x10, and 4x3. Some cosmetic repairs needed probably. Drywall, paint, carpet but no serious damage, very sturdy well built and maintained home. Used to be a grand party house with a grand ballroom. Original built in window seats, and built in shelves in old ballroom unit with balcony and glass sunroom. Comparable homes per sq foot would make this home valued at well over $800,000.00 but because it is in need of a few repairs or upgrades it's being sold at modest price for anyone wanting the additional income of upwards of $7000+ a month easily. Owners and occupiers would request 60 days to move out of home. 667-706-9666 Texts are preferred and responded to within the day. Can be easily used as 4 units by utilizing adjoining units as 1 unit to satisfy fha203 requirements. Jbcjmb8384@gmail.com

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Radiant, Oil
    Cooling
    • None
    Features
    • Basement: Basement (not specified)
    Interior area
    • Total interior livable area: 6,470 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage - Detached, Off-street, On-street
    Features
    • Exterior features: Shingle, Vinyl, Wood, Wood products
    • Has view: Yes
    • View description: Park, Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.46 Acres
    Details
    • Parcel number: 03045102

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Shake / Shingle
    Condition
    • Year built: 1890

    Community & neighborhood

    Location
    • Region: Elkton

    Price history

    DateEventPrice
    1/10/2023Listing removed--
    Source: Owner Report a problem
    10/13/2022Price change$520,000-12.6%$80/sqft
    Source: Owner Report a problem
    7/21/2022Listed for sale$595,000+85.9%$92/sqft
    Source: Owner Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    4/18/2015Listing removed$320,000$49/sqft
    Source: Owner Report a problem
    2/1/2015Price change$320,000+23.1%$49/sqft
    Source: Owner Report a problem
    11/28/2014Listed for sale$260,000$40/sqft
    Source: Owner Report a problem
    4/12/2014Listing removed$260,000$40/sqft
    Source: Owner Report a problem
    10/14/2013Listed for sale$260,000+30%$40/sqft
    Source: Owner Report a problem
    10/17/2005Sold$200,000$31/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,685 +4.6%$214,633 +5.4%
    2024$3,522 +0.6%$203,600 +1.2%
    2023$3,502 -0.1%$201,267 -1.1%
    2022$3,505 +0.4%$203,600 +3.6%
    2021$3,491 +2%$196,600 +2.8%
    2020$3,421 +2.9%$191,200 -2.7%
    2019$3,324 +146.5%$196,600 +9%
    2018$1,349 -59%$180,400
    2017$3,286 +7.9%$180,400
    2016$3,047 -34.8%$180,400 -34.9%
    2015$4,675 -9.9%$276,900
    2014$5,188 $276,900
    2013-- $276,900 -20%
    2012-- $346,100
    2011-- $346,100
    2010-- $346,100 -5.4%
    2009-- $365,700 +12.9%
    2008-- $323,866 +14.8%
    2007-- $282,033 +17.4%
    2006-- $240,200 +4.9%
    2005-- $229,032

    Find assessor info on the county website

    Neighborhood: 21921

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $530,200
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    Estimated market value
    $530,200