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40 Payne Ln

Elkton, MD 21921

5 ba 4,326 sqft Built 1980 Lot 348,480 sqft single_family
No recorded sales

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 4, 2022 Sold $150,000 Public Record
Dec 8, 1988 Sold $198,900 Public Record
Dec 12, 1979 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $346,200 $146,500 $492,700 $5,452
2024 $346,200 $146,500 $492,700 $4,838
2022 $274,000 $146,500 $420,500 $4,796
2019 $228,500 $146,500 $375,000 $4,385
2016 $207,600 $158,500 $366,100 $4,099
2015 $207,800 $158,500 $366,300 $4,099
2014 $207,800 $158,500 $366,300 $4,099
2013 $212,900 $158,600 $371,500 $4,156

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
Baths
5
Living area
4,326 sqft
Lot size
348,480 sqft
ZIP code
21921
City
Elkton
Street
Payne Ln
Coordinates
39.65160, -75.87511

Comparable properties nearby

Frequently asked questions

When did 40 Payne Ln last sell?
No public-record sale is on file for 40 Payne Ln.
What is the current tax assessment for 40 Payne Ln?
The most recent total assessment for 40 Payne Ln (year 2025) is $492,700 with $5,452 in property tax.
When was 40 Payne Ln built?
40 Payne Ln was built in 1980.
How does 40 Payne Ln compare to others on Payne Ln?
We do not currently track other properties on Payne Ln.
What are the property facts for 40 Payne Ln?
40 Payne Ln is a 5 bath, 4,326 sqft, 348,480 sqft lot single_family.
Is 40 Payne Ln a flip candidate?
No — 40 Payne Ln does not appear in our flips dataset.
Is 40 Payne Ln a tax-appeal candidate?
Yes — 40 Payne Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-8.1%
Implied 1-yr
-32.6%
2026 Q3
$209.3K
2026 Q4
$203.8K
ZIP 21921 — Median Price History + Forecast

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