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	<title>Cecil Times &#187; Gary Duffy</title>
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		<title>Cecil County Property Values Rise in South County; Home Sellers Benefit, Residents Could Face Higher Tax Bills</title>
		<link>https://ceciltimes.com/2019/01/cecil-county-property-values-rise-in-south-county-home-sellers-benefit-residents-could-face-higher-tax-bills/</link>
		<comments>https://ceciltimes.com/2019/01/cecil-county-property-values-rise-in-south-county-home-sellers-benefit-residents-could-face-higher-tax-bills/#comments</comments>
		<pubDate>Thu, 10 Jan 2019 23:40:27 +0000</pubDate>
		<dc:creator><![CDATA[Nancy Schwerzler]]></dc:creator>
				<category><![CDATA[Alan McCarthy]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[cecil county]]></category>
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		<category><![CDATA[Gary Duffy]]></category>
		<category><![CDATA[houses]]></category>
		<category><![CDATA[Joe Zang]]></category>
		<category><![CDATA[land]]></category>
		<category><![CDATA[norman Wehner]]></category>
		<category><![CDATA[property tax]]></category>
		<category><![CDATA[state]]></category>
		<category><![CDATA[taxes]]></category>

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		<description><![CDATA[Home values rose 9 percent in southern Cecil County and parts of Elkton over the past three years, according to new state property assessments&#8211; reflecting a resurging real estate economy in the county and a blessing for homeowners who suffered major losses in values during the recession that left them with mortgages higher than their property was worth. But the new valuations could mean higher tax bills for some residents. The Maryland Department of Assessments and Taxation (MDAT) recently issued new property valuations for one-third of Cecil County, covering southern Cecil County and parts of Elkton in an area designated as “Group 1.” One-third of county properties are re-assessed by the state each year, with all properties re-evaluated over a three-year cycle. The new assessments calculated that residential properties rose in value by 9 percent over their last evaluation three years ago, while commercial property values in the area rose by 11.4 percent in the “Group 1” area. Gary Duffy, supervisor of assessments for the Cecil County office of MDAT, told Cecil Times that the Group 1 area of the new assessments covers the south county, including Earleville, Cecilton, and Chesapeake City, plus sectors of Elkton south of I-95 and [&#8230;]]]></description>
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