Seller's Agent in 2022
Michael Stanton
BHHS PenFed (actual)
(301) 643-5199
32 in this area
58 Total Sales
Estimated Value: $574,000 - $603,748
3
Beds
2
Baths
2,680
Sq Ft
$221/Sq Ft
Est. Value
Highlights
- Boat Ramp
- Private Pool
- Lake Privileges
- Beach
- Bay View
- Community Lake
About This Home
As of September 2022It time for you to enjoy the beach life. This property offers amazing views of the Patuxent River and the Chesapeake bay. Access to the beach is directly across the street. Wonderful area of Drum Point Maryland. Easy commute to Washington DC and surrounding areas.1.5 Hour drive to a International airport. Close to shopping and Dining. Great schools and bus service. This property needs TLC , but the location, Views, Pool and private lot are second to none.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices PenFed Realty Listed on: 09/01/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,392
Year Built
- Built in 1975
Lot Details
- 0.51 Acre Lot
- Corner Lot
HOA Fees
- $14 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 3 Driveway Spaces
- Side Facing Garage
Home Design
- Raised Ranch Architecture
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
Interior Spaces
- Property has 1.5 Levels
- 2 Fireplaces
- Bay Views
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Basement
- Rear Basement Entry
- Natural lighting in basement
Outdoor Features
- Private Pool
- Lake Privileges
Schools
- Dowell Elementary School
- Mill Creek Middle School
- Patuxent High School
Utilities
- Window Unit Cooling System
- Heating Available
- Well
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 8R
- Assessor Parcel Number 0501072609
Community Details
Overview
- Association fees include common area maintenance, management, pier/dock maintenance, road maintenance, snow removal
- Ddpoa HOA, Phone Number (410) 326-6148
- Drum Point Subdivision
- Property Manager
- Community Lake
Recreation
- Boat Ramp
- Beach
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2022
Closed on
Sep 29, 2022
Sold by
Pence Christopher B
Bought by
Bovelle Nathan and Bovelle Sharon
Seller's Agent
Michael Stanton
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Jenn Daly
Hyatt & Company Real Estate, LLC
List Price
$450,000
Sold Price
$475,000
Premium/Discount to List
$25,000
5.56%
Views
69
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
$117,687
Avg. Annual Appreciation
8.68%
Original Mortgage
$285,000
Outstanding Balance
$273,866
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$330,315
Purchase Details
Closed on
Jan 25, 2007
Sold by
Pence Christopher B and Pence Pamela A
Bought by
Pence Christopher B and Pence Pamela A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.18%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Dec 29, 2006
Sold by
Pence Christopher B and Pence Pamela A
Bought by
Pence Christopher B and Pence Pamela A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.18%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 |
|---|---|---|---|
| Bovelle Nathan | $475,000 | Titlemax | |
| Pence Christopher B | -- | -- | |
| Pence Christopher B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bovelle Nathan | $285,000 | |
| Previous Owner | Pence Christopher B | $294,000 | |
| Previous Owner | Pence Christopher B | $294,000 | |
| Previous Owner | Pence Christopher B | $234,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2022 09/30/22 | Sold | $475,000 | +5.6% | $177 / Sq Ft |
| 09/08/2022 09/08/22 | Pending | -- | -- | -- |
| 09/01/2022 09/01/22 | For Sale | $450,000 | -- | $168 / 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 | $5,827 | $522,800 | $0 | $0 |
| 2024 | $5,827 | $503,700 | $0 | $0 |
| 2023 | $5,424 | $484,600 | $225,800 | $258,800 |
| 2022 | $5,368 | $479,467 | $0 | $0 |
| 2021 | $10,735 | $474,333 | $0 | $0 |
| 2020 | $2,595 | $469,200 | $225,800 | $243,400 |
| 2019 | $4,667 | $444,867 | $0 | $0 |
| 2018 | $4,411 | $420,533 | $0 | $0 |
| 2017 | $4,514 | $396,200 | $0 | $0 |
| 2016 | -- | $396,200 | $0 | $0 |
| 2015 | $4,845 | $396,200 | $0 | $0 |
| 2014 | $4,845 | $401,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Stanton
-
Jenn Daly
Buyer's Agent in 2022
Jenn Daly
Hyatt & Company Real Estate, LLC
(703) 801-0212
5 in this area
22 Total Sales
Map
Source: Bright MLS
MLS Number: MDCA2008162
APN: 01-072609
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