NOT LISTED FOR SALE

116 Terrapin Ln Stevensville, MD 21666

Estimated Value: $1,170,000 - $1,369,000

4 Beds
3 Baths
2,869 Sq Ft
$447/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $760,000 $265 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $7,877/month

408 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Marina
  • Fitness Center
  • Matapeake Elementary School Rated A-
  • Golf Club
  • Private Pool

About This Home

As of May 2016

HUGE PRICE REDUCTION! This sprawling ranch offers a gour kit w/sep din,great room with frpl,1.56 private acres w/ views of the golf course.Stunning mster suite with his/ her showers, 2 walk in closets.Brazilian hrdwd,4 1/2 car gar,salt water pool w/ pool house, screened porches,deeded water access for your own pier! Cove Creek offers 18 hole golf course/deep water marina,ect!

Last Agent to Sell the Property

susan taylor

(410) 739-0369 susiermx@gmail.com Chaney Homes, LLC Listed on: 01/21/2015

Last Buyer's Agent

Melissa Blohm

(410) 991-5967 melissablohm3@gmail.com Compass License #SL3648231

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,223

Year Built

  • Built in 2000

Lot Details

  • 1.56 Acre Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Property is in very good condition
  • Property is zoned NC-1

HOA Fees

  • $440 Monthly HOA Fees

Property Views

  • Water
  • Golf Course

Home Design

  • Rambler Architecture
  • HardiePlank Type

Interior Spaces

  • Property has 2 Levels
  • Crown Molding
  • Fireplace Mantel
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Exterior Cameras

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Private Pool
  • Water Access
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Location

  • Property is near a creek

Schools

  • Matapeake Elementary And Middle School
  • Kent Island High School

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating and Cooling System
  • 60+ Gallon Tank
  • Well
  • Public Septic

Listing and Financial Details

  • Tax Lot B
  • Assessor Parcel Number 1804089308

Community Details

Overview

  • Cove Creek Club Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Marina
  • Golf Club
  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,223

Year Built

Built in 2000

Lot Details

0

HOA Fees

$440 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Microwave, Intercom, Oven - Wall, Trash Compactor, Stove, Washer, Refrigerator, Dryer, Disposal, Dishwasher
  • Interior Amenities: Kitchen - Island, Dining Area, Kitchen - Eat-In, Kitchen - Gourmet, Family Room Off Kitchen, Crown Moldings, Upgraded Countertops, Whirlpool/Hottub, Wood Floors
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet

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: Hardiplank Type
  • Pool Private: Yes
  • View: Water, Golf Course
  • View: Yes
  • Water Access Features: Boat - Powered
  • Water Access: Yes
  • Water Body Name: COVE CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Parking Features: Attached
  • Parking Space Number Assigned: 4.5
  • Garage Features: Garage Door Opener

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Security: Exterior Cameras
  • Sewer/Septic System: Public Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 440.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Golf Club, Tennis Courts, Exercise Room, Marina/Marina Club, Bike Trail, Jog/Walk Path, Golf Course, Common Grounds
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: MATAPEAKE
  • High School: KENT ISLAND
  • Middle Or Junior School: MATAPEAKE

Lot Info

  • Improvement Assessed Value: 334800.00
  • Land Assessed Value: 314000.00
  • Lot Size Acres: 1.56
  • Lot Size Area: 67954
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 67954.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: NC-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4525632
  • Tax Annual Amount: 6222.64
  • Assessor Parcel Number: 1804089308
  • Tax Lot: B
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2015
Closed on
May 16, 2016
Sold by
Mirando Dominick C and Mirando Kristy E
Bought by
Lumpp Nicholas R and Lumpp Lauren N
Seller's Agent
susan taylor
Chaney Homes, LLC
Buyer's Agent
Melissa Blohm
Compass
List Price
$899,000
Sold Price
$760,000
Premium/Discount to List
-$139,000
-15.46%
Current Estimated Value
$1,282,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,500
Avg. Annual Appreciation
5.63%
Original Mortgage
$608,000
Outstanding Balance
$482,745
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$799,755

Purchase Details

Closed on
Aug 25, 2005
Sold by
Wharton Beverly K
Bought by
Mirando Dominick C and Mirando Kristy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1999
Sold by
Cove Creek Club Inc
Bought by
Wharton James T and Wharton Beverly K
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
Lumpp Nicholas R $760,000 Homeland Title & Escrow Ltd
Mirando Dominick C $770,000 --
Wharton James T $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lumpp Nicholas R $608,000
Previous Owner Mirando Dominick C $616,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2016 05/16/16 Sold $760,000 -4.9% $265 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
10/05/2015 10/05/15 Price Changed $799,000 -2.0% $278 / Sq Ft
09/09/2015 09/09/15 Price Changed $814,900 -2.9% $284 / Sq Ft
07/07/2015 07/07/15 Price Changed $839,000 -2.1% $292 / Sq Ft
03/12/2015 03/12/15 Price Changed $857,000 -2.0% $299 / Sq Ft
02/09/2015 02/09/15 Price Changed $874,500 -1.2% $305 / Sq Ft
02/04/2015 02/04/15 Price Changed $884,900 -1.6% $308 / Sq Ft
01/21/2015 01/21/15 For Sale $899,000 -- $313 / 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 $8,295 $928,800 $0 $0
2024 $7,872 $857,500 $0 $0
2023 $7,466 $786,200 $314,000 $472,200
2022 $7,380 $777,033 $0 $0
2021 $7,337 $767,867 $0 $0
2020 $7,337 $758,700 $314,000 $444,700
2019 $7,104 $734,433 $0 $0
2018 $6,871 $710,167 $0 $0
2017 $6,638 $685,900 $0 $0
2016 -- $673,533 $0 $0
2015 $3,356 $661,167 $0 $0
2014 $3,356 $648,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001031049

Bright MLS

APN: 04-089308