NOT LISTED FOR SALE

Estimated Value: $643,305 - $722,000

3 Beds
2.5 Baths
2,455 Sq Ft
$283/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $412,000 $168 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,082/month

266 Days on Market

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Cape Cod Architecture
  • Showell Elementary School Rated A-
  • Access to Tidal Water
  • Main Floor Bedroom

About This Home

As of October 2020

Newly Adjusted Price! Stick built cape cod with great waterfront location in Bishopville. Home offers 2,455 square feet and 3 bedrooms, 2.5 baths plus bonus room. Downstairs offers master bedroom and 1/2 bath, then 2 more bedrooms, 1 full bath and bonus room upstairs. On a navigable canal and also offers beautiful open water views with an end of street location! This home built in 2002 offers dual zone geothermal heat system (2 year old Water Furnace series), central vac, crown molding, 9 ft. ceilings, spacious foyer, formal LR, large kitchen with island open to dining area and family room offering water views, sun room, 1/2 bath, laundry room, and lots of closet space. Hardwood stairs lead you to 2 more spacious bedrooms upstairs, a full bath, bonus room, small office and ample walk-in storage attic space. 2 car garage with side door, large screened in gazebo for crab feasts, flagstone patio, trellis, two additional storage sheds (1 w/electric). Special spot and easy to see, schedule your showing today! View this home via virtual tour by pasting the link in your browser!https://my.matterport.com/show/?m=DS1ecrF6bgx&mls=1

Last Agent to Sell the Property

Lauren Bunting

Keller Williams Realty Delmarva License #581537 Listed on: 12/24/2019

Keller Williams Realty Delmarva

Last Buyer's Agent

Julie Woulfe

ERA Martin Associates, Shamrock Division

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,077

Year Built

  • Built in 2002

Lot Details

  • 0.34 Acre Lot
  • Home fronts navigable water
  • Creek or Stream
  • North Facing Home
  • Property is zoned R-5

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 2,455 Sq Ft Home
  • Property has 2 Levels
  • Central Vacuum
  • Crown Molding
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Bonus Room
  • Sun or Florida Room
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock Against Bulkhead
  • Powered Boats Permitted
  • Patio

Location

  • Flood Risk

Schools

  • Showell Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Geothermal Heating and Cooling
  • Programmable Thermostat
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 05-007526

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,077

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Sold unfurnished
  • Inclusions: screened gazebo, storage sheds, patio furniture
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: Newly Adjusted Price! Stick built cape cod with great waterfront location in Bishopville. Home offers 2,455 square feet and 3 bedrooms, 2.5 baths plus bonus room. Downstairs offers master bedroom and 1/2 bath, then 2 more bedrooms, 1 full bath and bonus room upstairs. On a navigable canal and also offers beautiful open water views with an end of street location! This home built in 2002 offers dual zone geothermal heat system (2 year old Water Furnace series), central vac, crown molding, 9 ft. ceilings, spacious foyer, formal LR, large kitchen with island open to dining area and family room offering water views, sun room, 1/2 bath, laundry room, and lots of closet space. Hardwood stairs lead you to 2 more spacious bedrooms upstairs, a full bath, bonus room, small office and ample walk-in storage attic space. 2 car garage with side door, large screened in gazebo for crab feasts, flagstone patio, trellis, two additional storage sheds (1 w/electric). Special spot and easy to see, schedule your showing today! View this home via virtual tour by pasting the link in your browser!https://my.matterport.com/show/?m=DS1ecrF6bgx&mls=1
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Central Vacuum, Cooktop, Dishwasher, Dryer - Electric, Exhaust Fan, Icemaker, Oven - Wall, Refrigerator, Washer, Water Heater
  • Interior Amenities: Breakfast Area, Carpet, Central Vacuum, Combination Kitchen/Dining, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Island, Primary Bath(s), Walk-In Closet(s), Window Treatments
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Sun/Florida Room, Laundry, Office, Bathroom 2, Bonus Room, Primary Bathroom
  • Basement: No
  • Total Sq Ft: 2455
  • Living Area Sq Ft: 2455
  • Price Per Sq Ft: 177.15
  • Above Grade Finished Sq Ft: 2455
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12222

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access Features: Boat - Powered, Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: Greys Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Geothermal
  • Cooling Type: Central A/C
  • Heating Fuel: Geo-Thermal
  • Heating Type: Programmable Thermostat
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: SHOWELL
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 011
  • Lot Size Acres: 0.34
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15000.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2020
  • Zoning: R-5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5393978
  • Tax Annual Amount: 3077.00
  • Assessor Parcel Number: 05-007526
  • Tax Lot: 24
  • Tax Total Finished Sq Ft: 2455
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/29/2020

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2019
Closed on
Oct 29, 2020
Sold by
Simpson David W and Simpson Craig S
Bought by
Lederer Steven M and Lederer Deborah L
Seller's Agent
Lauren Bunting
Keller Williams Realty Delmarva
Buyer's Agent
Julie Woulfe
ERA Martin Associates, Shamrock Division
List Price
$464,900
Sold Price
$412,000
Premium/Discount to List
-$52,900
-11.38%
Current Estimated Value
$694,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,576
Avg. Annual Appreciation
10.97%
Original Mortgage
$329,600
Outstanding Balance
$293,966
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$386,337

Purchase Details

Closed on
Jul 19, 1996
Sold by
Simpson F William F and Simpson Mildred M
Bought by
Simpson F William Trustee

Purchase Details

Closed on
Sep 15, 1994
Sold by
Simpson Cox Marian Adams
Bought by
William Simpson F and William Mildred M
Source: Public Records

Range of Values:

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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
Lederer Steven M $412,000 Capitol Title Group
Simpson F William Trustee -- --
William Simpson F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lederer Steven M $329,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $412,000 -5.3% $168 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
08/13/2020 08/13/20 Price Changed $434,900 -3.3% $177 / Sq Ft
04/02/2020 04/02/20 Price Changed $449,900 -3.2% $183 / Sq Ft
12/24/2019 12/24/19 For Sale $464,900 -- $189 / 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 $3,578 $432,133 $0 $0
2024 $3,578 $392,300 $102,000 $290,300
2023 $3,461 $368,700 $0 $0
2022 $3,348 $345,100 $0 $0
2021 $3,137 $321,500 $102,000 $219,500
2020 $3,137 $321,500 $102,000 $219,500
2019 $3,137 $321,500 $102,000 $219,500
2018 $3,297 $401,500 $160,000 $241,500
2017 $3,182 $401,500 $0 $0
2016 -- $401,500 $0 $0
2015 $2,407 $409,900 $0 $0
2014 $2,407 $409,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO111022

Bright MLS

APN: 05-007526