NOT LISTED FOR SALE

10140 3rd Point Rd Chestertown, MD 21620

Estimated Value: $1,373,852 - $1,443,000

4 Beds
4 Baths
3,736 Sq Ft
$377/Sq Ft Est. Value

Last Sold March 01, 2017

Last sale price $940,000 $252 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $8,344/month

471 Days on Market

Highlights

  • Boathouse
  • Boat Ramp
  • Beach
  • 296 Feet of Waterfront
  • 3 Dock Slips
  • Pier

About This Home

As of March 2017

JUST REDUCED $50k! Elegant manor home offers sweeping water views plus 296' of bulk-headed waterfront w. 5 'MLW & private dock w. 3 lifts. Home features include a gorgeous interior w. 2 master suites, gourmet & service kitchens, paneled recreation room w. wet bar, extensive custom woodwork & built-ins, & walkout veranda. Great Oak Marina amenities use privileges convey. Flood ins. not required!

Last Agent to Sell the Property

Paula Ruckelshaus

(410) 348-5343 pruckelshaus@mris.com Long & Foster Real Estate, Inc. License #586731 Listed on: 06/27/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Peter Heller

(410) 708-3301 pheller@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company

Coldwell Banker Chesapeake Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,114

Year Built

  • Built in 1960

Lot Details

  • 1.38 Acre Lot
  • 296 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach
  • Landscaped
  • Open Lot
  • Property is in very good condition
  • Property is zoned CAR

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Circular Driveway
  • Off-Street Parking

Property Views

  • Bay
  • Scenic Vista
  • Garden

Home Design

  • Manor Architecture
  • Brick Exterior Construction
  • Combination Foundation
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Paneling
  • Wainscoting
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Insulated Windows
  • Window Treatments
  • Bay Window
  • Window Screens
  • French Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Second Kitchen
  • Built-In Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Cooktop with Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Front Loading Washer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Side Exterior Basement Entry
  • Sump Pump
  • Basement Windows

Outdoor Features

  • Spa
  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Waterski or Wakeboard
  • Sail
  • Bulkhead
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • Boathouse
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Patio
  • Terrace
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiator
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Well
  • Bottled Gas Water Heater
  • Water Conditioner is Owned
  • Gravity Septic Field

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 1506025501

Community Details

Overview

  • No Home Owners Association
  • Great Oak Estates Subdivision

Amenities

  • Picnic Area

Recreation

  • Boat Ramp
  • Boat Dock
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,114

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Manor
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Cooktop, Disposal, Dryer, Extra Refrigerator/Freezer, Exhaust Fan, Microwave, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Washer - Front Loading, Washer, Water Conditioner - Owned
  • Interior Amenities: Kitchen - Gourmet, 2nd Kitchen, Dining Area, Primary Bath(s), Built-Ins, Chair Railings, Crown Moldings, Window Treatments, Entry Level Bedroom, Wainscotting, Wet/Dry Bar, Wood Floors, Recessed Lighting, Floor Plan - Traditional
  • Window Features: Bay/Bow, Insulated, Screens
  • Fireplace Features: Equipment, Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Paneled Walls
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Basement, Foyer
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Side Entrance, Sump Pump, Combination, Daylight, Full, Daylight, Partial, Heated, Improved, Partially Finished, Walkout Level, Windows
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures List: Boat House
  • Construction Materials: Brick
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Exterior Features: Sidewalks, Hot Tub, Secure Storage, Private Beach
  • Roof: Shingle
  • View: Water, Bay, Garden/Lawn, Scenic Vista
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Swimming Allowed, Waterski/Wakeboard, Sail
  • Water Access: Yes
  • Water Body Name: FAIRLEE CREEK
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 296

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Circular Driveway, Attached
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Zoned
  • Heating Fuel: Oil
  • Heating Type: Radiator, Zoned
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Boat Dock/Slip, Golf Course, Picnic Area, Pool - Outdoor, Tennis Courts, Beach
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 314800.00
  • Land Assessed Value: 400700.00
  • Lot Features: Bulkheaded, Landscaping, Open
  • Lot Size Acres: 1.38
  • Lot Size Area: 60113
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 60113.00
  • Outdoor Living Structures: Terrace, Patio(s), Porch(es)
  • Property Condition: Very Good
  • Zoning: CAR

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8113.77
  • Assessor Parcel Number: 1506025501
  • Tax Lot: 24
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Dock Slip Conveyance: Deeded
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2017
Sold by
Peirce Robin J and Peirce Holly D
Bought by
Peirce Robin J and Peirce Holly D
Current Estimated Value
$1,408,951

Purchase Details

Listed on
Jun 27, 2015
Closed on
Mar 1, 2017
Sold by
Mclaughin George E and Mclaughin Karen J
Bought by
Peirce Robin J and Peirce Holly D
Seller's Agent
Paula Ruckelshaus
Long & Foster Real Estate, Inc.
Buyer's Agent
Peter Heller
Coldwell Banker Chesapeake Real Estate Company
List Price
$1,090,000
Sold Price
$940,000
Premium/Discount to List
-$150,000
-13.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$417,000
Outstanding Balance
$212,240
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$1,196,711

Purchase Details

Closed on
Aug 13, 1999
Sold by
Gelderman Robert G and Gelderman Anita R
Bought by
Mclaughlin George E and Mclaughlin Karen J

Purchase Details

Closed on
May 27, 1985
Sold by
Development For Conservation Of
Bought by
Gelderman Robert G and Gelderman Anita R

Purchase Details

Closed on
Jun 25, 1981
Sold by
Barr William A and Barr Joanne J
Bought by
Development For Conservation Of
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Peirce Robin J -- None Available
Peirce Robin J $940,000 None Available
Mclaughlin George E $520,000 --
Gelderman Robert G $280,000 --
Development For Conservation Of $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peirce Robin J $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2017 03/01/17 Sold $940,000 -9.5% $252 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
06/17/2016 06/17/16 Price Changed $1,039,000 -4.7% $278 / Sq Ft
06/27/2015 06/27/15 For Sale $1,090,000 -- $292 / Sq Ft
Source: Bright MLS

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
2025 $11,200 $982,333 $0 $0
2024 $10,728 $940,700 $401,100 $539,600
2023 $10,649 $933,800 $0 $0
2022 $10,478 $926,900 $0 $0
2021 $9,698 $920,000 $401,100 $518,900
2020 $9,698 $849,900 $0 $0
2019 $8,903 $779,800 $0 $0
2018 $8,108 $709,700 $401,100 $308,600
2017 $8,103 $709,300 $0 $0
2016 -- $709,300 $0 $0
2015 $7,630 $715,500 $0 $0
2014 $7,630 $715,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002655568

Bright MLS

APN: 06-025501