Seller's Agent in 2022
Katherine Grimley
RE/MAX
(410) 320-7936
2 in this area
48 Total Sales
Estimated Value: $878,000 - $1,116,279
5
Beds
4.5
Baths
3,950
Sq Ft
$265/Sq Ft
Est. Value
Highlights
- 80 Feet of Waterfront
- Beach
- Second Kitchen
- Boat Ramp
- Private Beach
- Fishing Allowed
About This Home
As of October 2022Imagine waking up to these beautiful panoramic view every morning?? Exceptional views that can't be beat of the Chesapeake Bay await you from every window! Two story custom Duradek decking with glass railings span the back of the house with captivating views!! Custom built steps take you to the beach where you can enjoy all of what southern MD has to offer-Boating, Fishing , Crabbing , Kayaking and a community boat ramp all at your finger tips. The interior open design offers outstanding views through out this custom built home. The gourmet kitchen offers Silestone counters, breakfast bar, hardwood floors with a custom Bay window that offers amazing views. The upstairs Primary suite has wall to wall windows to take in the morning sunrise over the Bay also includes huge walk-in closet, soaking Jacuzzi tub, separate shower and double vanity. Above the Garage is a separate guest quarters/2nd master suite with Full bath and walk-in closet all with Bayviews. The lower level offers a recreation room, bar/2nd kitchen w/granite counters, full bath, and bedroom -all with amazing Chesapeake Bay views. Property also includes new roof w/in 2years with 130 mph wind rated shingles, new heating system gas and heat pump w/in 3years, Andersen windows a doors and solid wood interior doors. Leading to the private beach area is the Lifetime custom Rock Stone Revetment system with armored beach rock erosion at footer base- A 200k product. All this await you just over an hour from Annapolis, Washington D C and International airports. .Just minutes form Historic Solomon's Island and all it has to offer. Truly one of a kind waterfront retreat and a must see property!!
Last Agent to Sell the Property
(410) 320-7936 kathygrimley@comcast.net RE/MAX Leading Edge License #58947 Listed on: 07/22/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,092
Year Built
- Built in 2003
Lot Details
- 0.25 Acre Lot
- 80 Feet of Waterfront
- Home fronts navigable water
- Property Fronts a Bay or Harbor
- Private Beach
- Sandy Beach
- Landscaped
- Extensive Hardscape
- Back Yard
- Property is in very good condition
HOA Fees
- $14 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Property Views
- Bay
- Panoramic
Home Design
- Colonial Architecture
- Craftsman Architecture
- Block Foundation
- Advanced Framing
- Architectural Shingle Roof
- Vinyl Siding
- Stick Built Home
- Copper Plumbing
- CPVC or PVC Pipes
- Asphalt
- Tile
Interior Spaces
- Property has 3.5 Levels
- Open Floorplan
- Built-In Features
- Bar
- Chair Railings
- Crown Molding
- Two Story Ceilings
- Ceiling Fan
- Gas Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Insulated Windows
- Double Hung Windows
- Bay Window
- Atrium Windows
- Transom Windows
- Sliding Windows
- Window Screens
- Sliding Doors
- Six Panel Doors
- Formal Dining Room
- Flood Lights
Kitchen
- Eat-In Gourmet Kitchen
- Second Kitchen
- Breakfast Area or Nook
- Cooktop
- Built-In Microwave
- Ice Maker
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Finished Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Natural lighting in basement
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Windows
Outdoor Features
- Canoe or Kayak Water Access
- Private Water Access
- Property near a bay
- Waterski or Wakeboard
- Sail
- Swimming Allowed
- Powered Boats Permitted
- Multiple Balconies
- Deck
- Exterior Lighting
- Outdoor Storage
- Porch
Schools
- Dowell Elementary School
- Mill Creek Middle School
- Patuxent High School
Utilities
- Central Air
- Heat Pump System
- Vented Exhaust Fan
- Well
- Electric Water Heater
- Water Conditioner is Owned
- Water Conditioner
- On Site Septic
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 0501066889
Community Details
Overview
- Association fees include water
- Drum Point HOA
- Built by Baranek & Sons
- Drum Point Subdivision
Recreation
- Boat Ramp
- Beach
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2022
Closed on
Oct 31, 2022
Sold by
Baranek Karl A
Bought by
Thomas Robert R
Seller's Agent
Katherine Grimley
RE/MAX Leading Edge
Buyer's Agent
Gloria Shuler
Coldwell Banker Realty
List Price
$1,177,000
Sold Price
$950,000
Premium/Discount to List
-$227,000
-19.29%
Views
101
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,570
Avg. Annual Appreciation
3.26%
Original Mortgage
$790,000
Outstanding Balance
$763,531
Interest Rate
6.7%
Mortgage Type
VA
Estimated Equity
$282,039
Purchase Details
Closed on
Jun 4, 2002
Sold by
All & Obaidy Alladean M & Mary R
Bought by
Baranek Karl A and Baranek Donna M
Purchase Details
Closed on
Nov 10, 1981
Sold by
Greenwell Paul W
Bought by
All-Obaidy Alladean M and All-Obaidy Mary R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thomas Robert R | $950,000 | Title Resources Guaranty Compa | |
| Thomas Robert R | $950,000 | Title Resources Guaranty Compa | |
| Baranek Karl A | $150,000 | -- | |
| All-Obaidy Alladean M | $26,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thomas Robert R | $790,000 | |
| Closed | Thomas Robert R | $790,000 | |
| Closed | Baranek Karl A | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2022 10/31/22 | Sold | $950,000 | -19.3% | $241 / Sq Ft |
| 07/22/2022 07/22/22 | For Sale | $1,177,000 | -- | $298 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $392 | $756,633 | $0 | $0 |
| 2024 | $392 | $655,467 | $0 | $0 |
| 2023 | $389 | $554,300 | $290,200 | $264,100 |
| 2022 | $5,720 | $550,567 | $0 | $0 |
| 2021 | $12,213 | $546,833 | $0 | $0 |
| 2020 | $1,760 | $543,100 | $290,200 | $252,900 |
| 2019 | $5,573 | $531,300 | $0 | $0 |
| 2018 | $5,450 | $519,500 | $0 | $0 |
| 2017 | $5,700 | $507,700 | $0 | $0 |
| 2016 | -- | $507,700 | $0 | $0 |
| 2015 | $5,162 | $507,700 | $0 | $0 |
| 2014 | $5,162 | $512,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Katherine Grimley
-
Gloria Shuler
Buyer's Agent in 2022
Gloria Shuler
Coldwell Banker (NRT-Southeast-MidAtlantic)
(540) 907-8850
2 in this area
13 Total Sales
Map
Source: Bright MLS
MLS Number: MDCA2007420
APN: 01-066889
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