NOT LISTED FOR SALE

109 Terrapin Ln Stevensville, MD 21666

Estimated Value: $1,637,000 - $1,799,925

5 Beds
4.5 Baths
4,264 Sq Ft
$403/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $1,085,000 $254 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $10,442/month

143 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Marina
  • 2 Dock Slips
  • Matapeake Elementary School Rated A-
  • Boat Ramp
  • Pier

About This Home

As of November 2016

This magnificent 5BR 4.5Bath waterfront home is nestled in the exclusive Cove Creek Club community. House sits on 2.78 acres with over 4,200 sq/ft of living space. Home was designed to have the main living area on the 2nd floor to maximize the 180 degree Cove Creek views. Home also features: pool, hot tub, sep 3 car garage, updated kitchen and master bath, and newer 40 shingle roof.

Last Agent to Sell the Property

Kevin Cooke

(443) 277-8307 cookehomes@icloud.com Coldwell Banker Realty Listed on: 05/13/2016

Coldwell Banker Realty

Last Buyer's Agent

Kevin Cooke

(443) 277-8307 cookehomes@icloud.com Coldwell Banker Realty Listed on: 05/13/2016

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,213

Year Built

  • Built in 1986

Lot Details

  • 2.78 Acre Lot
  • 400 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Split Rail Fence
  • Partially Fenced Property
  • Private Lot
  • Partially Wooded Lot
  • Property is zoned NC-1

HOA Fees

  • $439 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Circular Driveway
  • Off-Street Parking
  • Off-Site Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • 2 Fireplaces
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Water Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Electric Oven or Range
  • Down Draft Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • En-Suite Bathroom
  • 4.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Cabana
  • In Ground Pool
  • Spa
  • Poolside Lot

Outdoor Features

  • Pier
  • Water Access
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • 2 Powered Boats Permitted
  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near a creek

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Vented Exhaust Fan
  • Well
  • Bottled Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 93
  • Assessor Parcel Number 1804089235

Community Details

Overview

  • Association fees include pier/dock maintenance, snow removal, security gate
  • $7,890 Other One-Time Fees
  • Built by BILL LUONGO
  • Cove Creek Club Subdivision
  • The community has rules related to covenants

Amenities

  • Clubhouse
  • Meeting Room
  • Party Room

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Jogging Path

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,213

Year Built

Built in 1986

Lot Details

0

HOA Fees

$439 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1986
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop - Down Draft, Dishwasher, Disposal, Dryer, Cooktop, Exhaust Fan, Icemaker, Oven - Double, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Kitchen - Island, Kitchen - Gourmet, Breakfast Area, Primary Bath(s), Wood Floors, Chair Railings, Upgraded Countertops, Entry Level Bedroom, Crown Moldings, Window Treatments, Built-Ins, Wet/Dry Bar, Floor Plan - Open
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures List: Cabana/Pool House
  • Construction Materials: Cedar
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Exterior Features: Hot Tub
  • Pool Features: In Ground
  • Roof: Asphalt
  • View: Water
  • Water Access: Yes
  • Water Body Name: COVE CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 400

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Garage, Circular Driveway, Detached, Asphalt Driveway
  • Parking Space Number Assigned: 1-10
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Driveway, Off Site, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Zoned
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 439.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Club House, Golf Course, Jog/Walk Path, Meeting Room, Security, Tennis Courts, Party Room, Pier/Dock, Marina/Marina Club
  • HOA Condo Co-Op Fee Includes: Pier/Dock Maintenance, Snow Removal, Security Gate
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 7890.00
  • Other Fees Frequency: One Time

Lot Info

  • Fencing: Partially, Split Rail
  • Improvement Assessed Value: 526400.00
  • Land Assessed Value: 769400.00
  • Lot Features: Partly Wooded, Poolside, Private
  • Lot Size Acres: 2.78
  • Lot Size Area: 121097
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 121097.00
  • Outdoor Living Structures: Deck(s), Enclosed, Porch(es)
  • Zoning: NC-1

Building Info

  • Builder Name: BILL LUONGO

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4525626
  • Tax Annual Amount: 12212.54
  • Assessor Parcel Number: 1804089235
  • Tax Lot: 93
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2016
Closed on
Nov 18, 2016
Sold by
Pease John C and Cohen Linda R
Bought by
Hahn Josh Gaither and Hahn Amanda Susan
Seller's Agent
Kevin Cooke
Coldwell Banker Realty
Buyer's Agent
Kevin Cooke
Coldwell Banker Realty
List Price
$1,250,000
Sold Price
$1,085,000
Premium/Discount to List
-$165,000
-13.2%
Current Estimated Value
$1,717,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$632,481
Avg. Annual Appreciation
5.21%
Original Mortgage
$868,000
Outstanding Balance
$699,478
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$1,018,003

Purchase Details

Closed on
Dec 15, 2000
Sold by
Wharton James T and Wharton Beverly K
Bought by
Pease John C and Pease Linda Cohen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hahn Josh Gaither $1,085,000 Sage Title Group Llc
Pease John C $860,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hahn Josh Gaither $868,000
Closed Pease John C --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $1,085,000 -8.8% $254 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
08/15/2016 08/15/16 Price Changed $1,190,000 -4.8% $279 / Sq Ft
05/13/2016 05/13/16 For Sale $1,250,000 -- $293 / 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 $11,630 $1,228,233 $0 $0
2024 $10,648 $1,123,967 $0 $0
2023 $9,666 $1,019,700 $544,500 $475,200
2022 $9,666 $1,019,700 $544,500 $475,200
2021 $10,207 $1,019,700 $544,500 $475,200
2020 $10,207 $1,058,000 $644,500 $413,500
2019 $10,207 $1,058,000 $644,500 $413,500
2018 $10,207 $1,058,000 $644,500 $413,500
2017 $10,478 $1,086,200 $0 $0
2016 -- $1,284,567 $0 $0
2015 $4,871 $1,273,333 $0 $0
2014 $4,871 $1,262,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002421024

Bright MLS

APN: 04-089235