NOT LISTED FOR SALE

114 Cordon Dr Church Hill, MD 21623

Estimated Value: $628,000 - $1,225,000

20 Acres
$51,261 Price per Acre
871,200 Sq Ft Lot

Last Sold January 24, 2013

Last sale price $260,000 $168 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $6,210/month

560 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • 20 Acre Lot
  • Church Hill Elementary School Rated A-

About This Lot

As of January 2013

20 acres that is the highest elevation in the community. 4.8 acres of mature, producing vineyard. Elegant fencing already in place. Historic home in poor condition, sheds, extensive waterfront with ideal wildlife habitat. Priced to sell.

Last Agent to Sell the Property

Paul McClary

Gunther-McClary Real Estate License #MRIS:8314 Listed on: 05/20/2011

Co-Listed By

Christopher McClary

Gunther-McClary Real Estate

Last Buyer's Agent

Mike Mobley

Gunther-McClary Real Estate License #MRIS:66478

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,625

Lot Details

  • 20 Acre Lot
  • Home fronts navigable water
  • The property's topography is rolling
  • Cost To Obtain Building Permits
  • Property is zoned CS

HOA Fees

  • $25 Monthly HOA Fees

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 1802029472

Community Details

Recreation

  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,625

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.34

Exterior Features

  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: SOUTHEAST CREEK
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 82700.00
  • Lot Size Acres: 20.00
  • Lot Size Area: 871200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871200.00
  • Perc Sites: 1
  • Possible Use: Agriculture, Residential
  • Topography: Rolling
  • Year Assessed: 2011
  • Zoning: CS

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1624.58
  • Assessor Parcel Number: 1802029472
  • Tax Lot: 4
  • Tax Page Number: 56
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 01/24/2013

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2011
Closed on
Jan 24, 2013
Sold by
Pb Land Trust
Bought by
Merrell Clifford H and Merrell Elizabeth A
Seller's Agent
Paul McClary
Gunther-McClary Real Estate
Buyer's Agent
Mike Mobley
Gunther-McClary Real Estate
List Price
$325,000
Sold Price
$260,000
Premium/Discount to List
-$65,000
-20%
Current Estimated Value
$1,025,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$765,217
Original Mortgage
$232,500
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2011
Sold by
The Peoples Bank
Bought by
Pb Land Trust

Purchase Details

Closed on
May 6, 2011
Sold by
Undisclosed
Bought by
The Peoples Bank

Purchase Details

Closed on
May 2, 2011
Sold by
Southeast Creek Llc
Bought by
The Peoples Bank and Peoples Bank Of Kent County Maryland
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Merrell Clifford H $260,000 None Available
Pb Land Trust -- --
Pb Land Bank Trust -- None Available
Pb Land Trust -- --
The Peoples Bank $2,180,000 --
The Peoples Bank $2,180,000 None Available
The Peoples Bank $2,180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrell Clifford H $95,000
Open Merrell Clifford H $454,350
Closed Merrell Clifford H $95,000
Closed Merrell Clifford H $510,000
Closed Merrell Clifford H $500,000
Closed Merrell Clifford H $232,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2013 01/24/13 Sold $260,000 -20.0% $168 / Sq Ft
11/30/2012 11/30/12 Pending -- -- --
05/20/2011 05/20/11 For Sale $325,000 -- $210 / 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 $7,187 $829,600 $99,700 $729,900
2024 $7,187 $763,000 $0 $0
2023 $6,560 $696,400 $0 $0
2022 $5,933 $629,800 $99,700 $530,100
2021 $6,040 $629,800 $99,700 $530,100
2020 $6,040 $629,800 $99,700 $530,100
2019 $6,373 $664,500 $110,900 $553,600
2018 $6,373 $664,500 $110,900 $553,600
2017 $6,373 $664,500 $0 $0
2016 -- $666,700 $0 $0
2015 $1,861 $666,700 $0 $0
2014 $1,861 $293,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004441706

Bright MLS

APN: 02-029472