$275,000
SOLD FEB 6, 2025
3 Beds
2 Baths
1,152 Sq Ft
0.33 Acres

Recently Sold

$239 Per Sq Ft

4% Below List Price

13 Days on Market

Highlights

  • Raised Ranch Architecture
  • Country Kitchen
  • Combination Dining and Living Room
  • Matapeake Elementary School Rated A-
  • Multiple cooling system units
  • Ceiling Fan

About This Home

As of February 2025

Great investment opportunity on a level lot, with loads of off-street parking in desirable Romancoke on the Bay. This home is connected to the Queen Annes County sewage system and is billed quarterly as follows:
$100 per month usage fee, there is a fee for sewage not being "metered" and it is subject to the annual Bay Restoration Fund fee (currently $15 per quarter). Current owners (and home) was not required to pay the HOA fee, and we are researching if that status will continue after sale to new owner(s). Current owners will not complete any repairs or improvements. The home has (2) existing mini-split HVAC systems, the water heater and other appliances which are included in this sale, but are all SOLD completely "As-Is".

Last Agent to Sell the Property

Mike Mulvey

Berkshire Hathaway HomeServices PenFed Realty Listed on: 12/21/2024

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Vivian Miner

Berkshire Hathaway HomeServices PenFed Realty License #643840

Last Buyer's Agent

Pedro Paz

Samson Properties License #5017375

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,508

Year Built

  • Built in 1988

Lot Details

  • 0.33 Acre Lot
  • Property is in below average condition
  • Property is zoned NC-20

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Raised Ranch Architecture
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Combination Dining and Living Room
  • Crawl Space
  • Country Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces

Utilities

  • Multiple cooling system units
  • Ductless Heating Or Cooling System
  • Heating Available
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Romancoke On The Bay Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 1804079582

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,508

Year Built

Built in 1988

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Appliances, including HVAC, water heater, etc. , are all transferred with the property "As-Is"
  • New Construction: No
  • Story List: Main
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: Great investment opportunity on a level lot, with loads of off-street parking in desirable Romancoke on the Bay. This home is connected to the Queen Annes County sewage system and is billed quarterly as follows: $100 per month usage fee, there is a fee for sewage not being "metered" and it is subject to the annual Bay Restoration Fund fee (currently $15 per quarter). Current owners (and home) was not required to pay the HOA fee, and we are researching if that status will continue after sale to new owner(s). Current owners will not complete any repairs or improvements. The home has (2) existing mini-split HVAC systems, the water heater and other appliances which are included in this sale, but are all SOLD completely "As-Is".
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Dining/Living, Ceiling Fan(s), Kitchen - Country
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1152
  • Living Area Sq Ft: 1152
  • Price Per Sq Ft: 247.38
  • Above Grade Finished Sq Ft: 1152
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 137

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Aluminum Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split, Multi Units
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 75.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137777627
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14290.00
  • Property Condition: Below Average
  • Year Assessed: 2024
  • Zoning: NC-20
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 2508.00
  • Assessor Parcel Number: 1804079582
  • Tax Lot: 19
  • Tax Total Finished Sq Ft: 1152
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 02/06/2025

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2024
Closed on
Jan 28, 2025
Sold by
White Loraine Marie and White Robert Anthony
Bought by
Pedro Sousa-Paz Llc
Seller's Agent
Mike Mulvey
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Pedro Paz
Samson Properties
List Price
$284,987
Sold Price
$275,000
Premium/Discount to List
-$9,987
-3.5%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.50%
Original Mortgage
$341,700
Outstanding Balance
$341,143
Interest Rate
7.04%
Mortgage Type
Construction
Estimated Equity
-$17,383

Purchase Details

Closed on
Dec 30, 2017
Sold by
White Loraine Marie
Bought by
White Loraine Marie and White Robert Anthony

Purchase Details

Closed on
Aug 7, 1992
Sold by
Cusimano Michael J
Bought by
White Robert A and White Loraine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,650
Interest Rate
8.06%

Purchase Details

Closed on
Jul 31, 1991
Sold by
Boggs Robert L and Boggs Michael J
Bought by
Cusimano Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,400
Interest Rate
9.5%

Purchase Details

Closed on
Jan 14, 1991
Sold by
M C B Aquisitions, Ltd
Bought by
Boggs Robert L and Boggs Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
9.63%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $275,000 Eagle Title
Interfamily Deed Transfer -- Home First Title Group Llc
Deed $105,000 --
Deed $20,000 --
Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $341,700 Construction
Previous Owner $75,000 New Conventional
Previous Owner $105,650 No Value Available
Previous Owner $85,400 No Value Available
Previous Owner $55,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $449,900 -2.2% $391 / Sq Ft
05/28/2025 05/28/25 For Sale $459,900 +67.2% $399 / Sq Ft
02/06/2025 02/06/25 Sold $275,000 -3.5% $239 / Sq Ft
01/04/2025 01/04/25 Off Market $284,987 -- --
01/03/2025 01/03/25 Pending -- -- --
12/21/2024 12/21/24 For Sale $284,987 -- $247 / 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
2024 $2,409 $266,233 $0 $0
2023 $2,282 $242,200 $150,900 $91,300
2022 $2,203 $233,833 $0 $0
2021 $2,162 $225,467 $0 $0
2020 $2,082 $217,100 $130,900 $86,200
2019 $3,672 $217,100 $130,900 $86,200
2018 $2,082 $217,100 $130,900 $86,200
2017 $2,057 $226,300 $0 $0
2016 -- $213,600 $0 $0
2015 $1,824 $200,900 $0 $0
2014 $1,824 $188,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA2011920

Bright MLS

APN: 04-079582