NOT LISTED FOR SALE

1129 Cherry Point Rd West River, MD 20778

Estimated Value: $999,000 - $1,366,000

4 Beds
3 Baths
2,512 Sq Ft
$457/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $838,000 $334 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,794/month

161 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Pier
  • Stream or River on Lot
  • 2 Dock Slips
  • Private Pool
  • Rambler Architecture

About This Home

As of May 2014

LOCATION, LOCATION--WRAP AROUND VIEWS OF THE WEST RIVER--RECENTLY REMODELED KITCHEN--LARGE FAMILY ROOM WITH WATER VIEWS FROM THREE SIDES--BREEZEWAY TO PRIVATE MASTER BEDROOM AND BATH--PRIVATE PIER WITH MULTIPLE DEEP WATER SLIPS--POOL HAS UPDATED COPING STONES, TILE WORK AND CONCRETE APRON--MOVE RIGHT IN OR REMODEL--SO MUCH POTENTIAL HERE ON YOUR OWN PRIVATE PENINSULA!! PRICED TO SELL

Last Listed By

Sandy Lofgren-Sargent

Lofgren-Sargent Real Estate Listed on: 10/07/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,721

Year Built

  • Built in 1940

Lot Details

  • 0.72 Acre Lot
  • 300 Feet of Waterfront
  • Home fronts navigable water
  • Property is in very good condition
  • Property is zoned R5

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Water Views
  • Alarm System

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Driveway

Outdoor Features

  • Private Pool
  • Pier
  • Water Access
  • River Nearby
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 3 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Oil Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 020700005202100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,721

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 1129

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Construction Materials: Combination, Brick
  • Dock Type: Pier (Perpendicular)
  • Roof: Asphalt
  • View: Water
  • Water Access: Yes
  • Water Body Name: WEST RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 300

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Garage Features: Covered Parking
  • Type Of Parking: Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Oil
  • Heating Type: Hot Water, Baseboard
  • Heating: Yes
  • Hot Water: Oil
  • Security: Electric Alarm
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.72
  • Lot Size Area: 31363
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 31363.00
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5720.95
  • Assessor Parcel Number: 020700005202100
  • Tax Total Finished Sq Ft: 3309
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 05/28/2014

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 4
  • Waterfront Features: Private Dock Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2013
Closed on
May 28, 2014
Sold by
Madden Janet and Outman Starr
Bought by
Silberstein Margery Beth and Bloom Leonard Stuart
Seller's Agent
Sandy Lofgren-Sargent
Lofgren-Sargent Real Estate
Buyer's Agent
Carrie Mock
Curtis Real Estate Company
List Price
$950,000
Sold Price
$838,000
Premium/Discount to List
-$112,000
-11.79%
Total Days on Market
161
Current Estimated Value
$1,147,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,028
Avg. Annual Appreciation
2.48%
Original Mortgage
$494,500
Outstanding Balance
$176,551
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$919,943

Purchase Details

Closed on
Jul 16, 1993
Sold by
Whalen Trustee C M
Bought by
Pappamihiel Andrew and Pappamihiel Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
7.16%

Range of Values:

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Average Value
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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
Silberstein Margery Beth $838,000 Mid Maryland Title Co Inc
Pappamihiel Andrew $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silberstein Margery Beth $494,500
Previous Owner Pappamihiel Andrew C $500,000
Previous Owner Pappamihiel Andrew $415,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2014 05/28/14 Sold $838,000 -6.8% $334 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
12/18/2013 12/18/13 Price Changed $899,000 -5.4% $358 / Sq Ft
10/07/2013 10/07/13 For Sale $950,000 -- $378 / 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
2024 $8,487 $744,733 $0 $0
2023 $7,788 $713,200 $468,000 $245,200
2022 $7,835 $708,633 $0 $0
2021 $0 $704,067 $0 $0
2020 $7,704 $699,500 $468,000 $231,500
2019 $7,711 $699,500 $468,000 $231,500
2018 $714 $699,500 $468,000 $231,500
2017 $8,103 $757,600 $0 $0
2016 $714 $676,733 $0 $0
2015 $714 $595,867 $0 $0
2014 -- $515,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002050374

Bright MLS

APN: 07-000-05202100