NOT LISTED FOR SALE

1248 Cherry Grove Rd Earleville, MD 21919

Estimated Value: $1,111,000 - $3,474,000

4 Beds
3.5 Baths
6,067 Sq Ft
$397/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $2,250,000 $371 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $14,138/month

190 Days on Market

Highlights

  • 550 Feet of Waterfront
  • Access to Tidal Water
  • Private Pool
  • 2 Dock Slips
  • Horses Allowed On Property
  • Fishing Allowed

About This Home

As of September 2021

Exquisite Waterfront Estate with gated entrance and tree-lined paved driveway on 15+ acres along the Elk River with 550' of sandy beach. Enjoy many summer days boating, swimming, fishing, and kayaking off your private dock with lift, water and electric. Walking trails all through the 15+acres for the wild life enthusiast. Spend many days enjoying the Gunite Pool with Flagstone surround between the house and the river. The Brick Manor House features elegant foyer with Marble Floors, Stunning Custom Curved Staircase, Gourmet Kitchen, 8 Fireplaces, 4 bedrooms and additional space in Game Room for Bunk Room, Pub/Den with Bar and Custom Built Ins, Master Suite with Stunning Master Marble Bathroom, Large Soaking Tub, Custom Tiled Shower, and Double Vanities, and Large Basement can be finished to add additional living space. Amazing property for entertaining with a park like setting and spectacular one of kind waterfront property on Maryland's Eastern Shore.

Last Agent to Sell the Property

Jana Meredith

(410) 822-6272 mre@goeaston.net Meredith Fine Properties License #631316 Listed on: 02/04/2021

Last Buyer's Agent

Jana Meredith

(410) 822-6272 mre@goeaston.net Meredith Fine Properties License #631316 Listed on: 02/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,379

Year Built

  • Built in 1992

Lot Details

  • 15.82 Acre Lot
  • 550 Feet of Waterfront
  • Home fronts navigable water
  • Cul-De-Sac
  • Landscaped
  • Private Lot
  • Premium Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Property Views

  • River
  • Scenic Vista
  • Woods

Home Design

  • Federal Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 6,067 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Curved or Spiral Staircase
  • Built-In Features
  • Bar
  • Chair Railings
  • Crown Molding
  • Recessed Lighting
  • 7 Fireplaces
  • Marble Fireplace
  • Stone Fireplace
  • Brick Fireplace
  • Insulated Windows
  • Window Treatments
  • Casement Windows
  • Entrance Foyer
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Game Room
  • Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Commercial Range
  • Built-In Range
  • Range Hood
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Compactor

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • Physical Dock Slip Conveys
  • 2 Dock Slips
  • Dock made with Treated Lumber
  • Stream or River on Lot
  • Powered Boats Permitted
  • Shed

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Cooling System Utilizes Bottled Gas
  • Central Heating and Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 01-027425

Community Details

Overview

  • No Home Owners Association
  • Earleville Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,379

Year Built

Built in 1992

Lot Details

15.82 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Commercial Range, Dishwasher, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Refrigerator, Range Hood, Stainless Steel Appliances, Oven/Range - Gas, Compactor, Washer
  • Interior Amenities: Bar, Built-Ins, Carpet, Chair Railings, Crown Moldings, Curved Staircase, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Table Space, Recessed Lighting, Soaking Tub, Stall Shower, Upgraded Countertops, Water Treat System, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Casement, Insulated
  • Fireplace Features: Brick, Marble, Stone
  • Fireplaces Count: 7
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Den, Foyer, Laundry, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: Yes
  • Laundry Type: Main Floor
  • Total Sq Ft: 6067
  • Living Area Sq Ft: 6067
  • Price Per Sq Ft: 378.28
  • Above Grade Finished Sq Ft: 6067
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Roof: Slate
  • View: River, Trees/Woods, Water, Scenic Vista
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Elk River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 550

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Bottled Gas, Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Oil
  • Heating Type: Hot Water, Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well, Filter

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Middle Or Junior School: CALL SCHOOL BOARD

Lot Info

  • Horses: Yes
  • Improvement Assessed Value: 912400.00
  • Land Assessed Value: 681100.00
  • Lot Features: Cleared, Cul-De-Sac, Landscaping, Premium, Private, Trees/Wooded
  • Lot Size Acres: 15.82
  • Lot Dimensions: x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 689119.00
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4440495
  • Tax Annual Amount: 18379.00
  • Assessor Parcel Number: 01-027425
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Sep 21, 2021
Sold by
Ferraro Samuel and Ferraro Rosann
Bought by
Cherry Grove Manor Llc
Seller's Agent
Jana Meredith
Meredith Fine Properties
Buyer's Agent
Jana Meredith
Meredith Fine Properties
List Price
$2,295,000
Sold Price
$2,250,000
Premium/Discount to List
-$45,000
-1.96%
Current Estimated Value
$2,410,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,596
Avg. Annual Appreciation
1.58%
Original Mortgage
$1,250,000
Outstanding Balance
$1,137,407
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$1,273,189

Purchase Details

Closed on
Apr 20, 2005
Sold by
Sunkler Gunter C
Bought by
Ferraro Samuel A and Ferraro Rosann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2005
Sold by
Sunkler Gunter C
Bought by
Ferraro Samuel A and Ferraro Rosann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 1995
Sold by
Juliano
Bought by
Sunkler Gunter C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
8.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cherry Grove Manor Llc $2,250,000 Title Excellence
Ferraro Samuel A $2,500,000 --
Ferraro Samuel A -- None Available
Ferraro Samuel A $2,500,000 --
Sunkler Gunter C $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherry Grove Manor Llc $1,250,000
Previous Owner Ferraro Samuel A $1,750
Previous Owner Ferraro Samuel A $1,750
Previous Owner Sunkler Gunter C $1,280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2021 09/21/21 Sold $2,250,000 -2.0% $371 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $2,295,000 -- $378 / Sq Ft
Source: Bright MLS

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 $20,633 $1,879,867 $0 $0
2024 $18,366 $1,672,700 $736,700 $936,000
2023 $18,242 $1,646,300 $0 $0
2022 $18,305 $1,619,900 $0 $0
2021 $18,224 $1,593,500 $681,100 $912,400
2020 $18,439 $1,593,500 $681,100 $912,400
2019 $18,379 $1,593,500 $681,100 $912,400
2018 $19,512 $1,686,500 $681,100 $1,005,400
2017 $17,631 $1,639,467 $0 $0
2016 $17,101 $1,592,433 $0 $0
2015 $17,101 $1,545,400 $0 $0
2014 $16,288 $1,545,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC173218

Bright MLS

APN: 01-027425

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