NOT LISTED FOR SALE

28874 Morgnec Rd Kennedyville, MD 21645

Estimated Value: $586,000 - $5,756,294

-- Bed
2 Baths
1,842 Sq Ft
$2,364/Sq Ft Est. Value

About This Home

This home is located at 28874 Morgnec Rd, Kennedyville, MD 21645 and is currently estimated at $4,353,574, approximately $2,363 per square foot. 28874 Morgnec Rd is a home located in Kent County with nearby schools including Kent County Middle School and Kent County High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2024
Sold by
Lepter Farms Inc
Bought by
Iron Hill Farms Llc
Current Estimated Value
$4,353,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,450,356
Outstanding Balance
$4,401,735
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
-$48,161

Purchase Details

Closed on
Apr 6, 1976
Sold by
Lepter Michael E and Lepter Anna K
Bought by
Lepter Farms Inc

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
Iron Hill Farms Llc $5,562,945 None Listed On Document
Lepter Farms Inc $470,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iron Hill Farms Llc $4,450,356
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
2024 $7,654 $669,667 $0 $0
2023 $7,204 $630,000 $203,800 $426,200
2022 $6,925 $610,767 $0 $0
2021 $6,709 $591,533 $0 $0
2020 $6,550 $572,300 $203,800 $368,500
2019 $6,550 $572,300 $203,800 $368,500
2018 $6,523 $572,300 $203,800 $368,500
2017 $6,502 $575,200 $0 $0
2016 -- $568,067 $0 $0
2015 -- $560,933 $0 $0
2014 $7,877 $553,800 $0 $0
Source: Public Records

Map

Maryland Kent County Kennedyville 21645

28874 Morgnec Rd, Kennedyville, MD

Homes for Sale in Kennedyville, MD

This home is located at 28874 Morgnec Rd, Kennedyville, MD 21645 and is currently estimated at $4,353,574, approximately $2,363 per square foot. 28874 Morgnec Rd is a home located in Kent County with nearby schools including Kent County Middle School and Kent County High School.

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