NOT LISTED FOR SALE

138 N Lake Dr Stevensville, MD 21666

Estimated Value: $753,418 - $923,000

4 Beds
3 Baths
2,464 Sq Ft
$336/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $500,000 $203 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,822/month

35 Days on Market

Highlights

  • Boat Ramp
  • 1 Boat Dock
  • Home fronts navigable water
  • Matapeake Elementary School Rated A-
  • Beach
  • Access to Tidal Water

About This Home

As of August 2020

Looking for a waterfront home? This home on Carter Creek, a Chesapeake Bay fed lake that is a perfect spot for the SUP & Kayak enthusiast. CRABS & Fishing from your own private dock to enjoy on your Deck?! Yes, and the year around sunsets to be enjoyed from your hot tub after a hard day of playing on the Bay! Don't wait any longer to make your waterfront dreams come true! Renovated multiple times through the years to include a cooks kitchen that is open to the sun filled family room with its lovely panoramic views of the nature that surrounds. The multiple living spaces all having either a fireplace or wood stove this house can accommodate a bigger crowd very comfortably. Take the drive south on the Island and lets see if it's time to make Kent Island your home!

Last Agent to Sell the Property

Julie Cary

(410) 924-0966 juliemcary@live.com Rosendale Realty License #601701 Listed on: 06/15/2020

Co-Listed By

John Cary

(410) 924-3767 jrcaryiii@aol.com Rosendale Realty

Last Buyer's Agent

Ryall Smith

(202) 531-6400 rsmith@cbmove.com Coldwell Banker Realty - Washington License #300355

Coldwell Banker Realty - Washington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,612

Year Built

  • Built in 1979

Lot Details

  • 0.32 Acre Lot
  • Home fronts navigable water
  • Property is zoned NC-1

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Split Foyer
  • Vinyl Siding
  • Masonry

Interior Spaces

  • Property has 2 Levels
  • Built-In Features
  • Skylights
  • Recessed Lighting
  • 3 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Stone Fireplace
  • Fireplace Mantel
  • Family Room Off Kitchen
  • Family Room on Second Floor
  • Combination Kitchen and Living
  • Wood Flooring
  • Lake Views

Kitchen

  • Gas Oven or Range
  • Six Burner Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Wine Rack

Bedrooms and Bathrooms

  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Public Water Access
  • Property is near a lake
  • Swimming Allowed
  • 1 Boat Dock
  • Private Dock Site
  • Lake Privileges

Schools

  • Matapeake Elementary And Middle School
  • Kent Island High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1804019334

Community Details

Overview

  • Tower Gardens Subdivision
  • Community Lake

Amenities

  • Picnic Area

Recreation

  • Boat Ramp
  • Beach
  • Baseball Field
  • Community Playground
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,612

Year Built

Built in 1979

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-06-19
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer, Water Conditioner - Owned, Water Heater
  • Interior Amenities: Built-Ins, Combination Kitchen/Living, Family Room Off Kitchen, Kitchen - Island, Skylight(s), Wine Storage, Wood Floors, Stove - Wood, Whirlpool/Hottub, Water Treat System, Recessed Lighting
  • Fireplace Features: Mantel(s), Stone, Wood
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, 2nd Stry Fam Rm, Laundry, Bathroom 2, Bathroom 3
  • Basement: No
  • Total Sq Ft: 2464
  • Living Area Sq Ft: 2464
  • Price Per Sq Ft: 429.38
  • Above Grade Finished Sq Ft: 1232
  • Below Grade Finished Sq Ft: 1232
  • Total Below Grade Sq Ft: 1232
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Masonry, Vinyl Siding
  • View: Lake
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Swimming Allowed, Public Access
  • Water Access: Yes
  • Water Body Name: Carter Creek
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 75.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Beach, Boat Ramp, Lake, Picnic Area, Tot Lots/Playground, Water/Lake Privileges
  • HOA: Yes
  • 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: MATAPEAKE
  • High School: KENT ISLAND
  • Middle Or Junior School: MATAPEAKE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 134700.00
  • Land Assessed Value: 235700.00
  • Lot Size Acres: 0.32
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13875.00
  • Zoning: NC-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4520023
  • Tax Annual Amount: 3612.00
  • Assessor Parcel Number: 1804019334
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Aug 11, 2020
Sold by
Hu Chia T and Lin Zhixiao
Bought by
Alfonso Royals Angelica Maria and Royals Sean Christopher
Seller's Agent
Julie Cary
Rosendale Realty
Buyer's Agent
Ryall Smith
Coldwell Banker Realty - Washington
List Price
$529,000
Sold Price
$500,000
Premium/Discount to List
-$29,000
-5.48%
Current Estimated Value
$827,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,355
Avg. Annual Appreciation
9.93%

Purchase Details

Closed on
Jan 5, 2009
Sold by
Sweeney Wayne Stephen
Bought by
Lin Zhixiao and Lin Chia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2008
Sold by
Sweeney Wayne Stephen
Bought by
Lin Zhixiao and Lin Chia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1991
Sold by
Gatzke Arthur P and Gatzke Janis
Bought by
Sweeney Wayne Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,550
Interest Rate
9.56%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Alfonso Royals Angelica Maria $500,000 Liberty Title & Escrow Co
Lin Zhixiao $449,500 --
Lin Zhixiao $449,500 --
Sweeney Wayne Stephen $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Zhixiao $325,000
Previous Owner Lin Zhixiao $325,000
Previous Owner Sweeney Wayne Stephen $129,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2020 08/11/20 Sold $500,000 -5.5% $203 / Sq Ft
06/15/2020 06/15/20 For Sale $529,000 -- $215 / 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 $5,573 $627,167 $0 $0
2024 $5,277 $560,233 $0 $0
2023 $4,647 $493,300 $245,800 $247,500
2022 $4,261 $452,333 $0 $0
2021 $4,005 $411,367 $0 $0
2020 $3,613 $370,400 $235,700 $134,700
2019 $3,553 $370,400 $235,700 $134,700
2018 $3,553 $370,400 $235,700 $134,700
2017 $3,470 $381,900 $0 $0
2016 -- $355,500 $0 $0
2015 $1,891 $329,100 $0 $0
2014 $1,891 $302,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA144282

Bright MLS

APN: 04-019334