NOT LISTED FOR SALE

1403 Town Point Rd Chesapeake City, MD 21915

Estimated Value: $524,000 - $684,000

4 Beds
3.5 Baths
1,549 Sq Ft
$376/Sq Ft Est. Value

Last Sold November 15, 2012

Last sale price $275,000 $178 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,468/month

327 Days on Market

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Lake Privileges
  • Water Views
  • Water Access
  • Contemporary Architecture

About This Home

As of November 2012

Water access contemporary in Creswell Forest. 4 bedrooms, 3.5 bath with a 2 car detached garage. View of the Bohemia River from the great room and deck. Community beach on the Elk River with picnic area and boat ramp.

Last Agent to Sell the Property

Susan Hubbell

Gunther-McClary Real Estate License #580246 Listed on: 11/18/2011

Last Buyer's Agent

Susan Hubbell

Gunther-McClary Real Estate License #580246 Listed on: 11/18/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,391

Year Built

  • Built in 1978

Lot Details

  • 1.08 Acre Lot
  • Home fronts navigable water
  • Partially Wooded Lot
  • Property is in very good condition
  • Property is zoned RR

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Exterior Basement Entry

Outdoor Features

  • Water Access
  • Boat Ramp
  • Lake Privileges
  • Shed

Utilities

  • Central Air
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Septic Tank

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 0802024268

Community Details

Recreation

  • Boat Ramp
  • Mooring Area

Additional Features

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,391

Year Built

Built in 1978

Lot Details

0

HOA Fees

$9 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer, Water Conditioner - Owned
  • Interior Amenities: Breakfast Area, Kitchen - Galley, Dining Area, Master Bath(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Fully Finished, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: T-1-11, Wood Siding
  • Dock Type: Ramp
  • Roof: Asphalt
  • View: Water
  • Water Access: Yes
  • Water Body Name: ELK RIVER
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Asphalt Driveway, Gravel Driveway
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 110.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Mooring Area, Picnic Area, Water/Lake Privileges
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 172800.00
  • Land Assessed Value: 149500.00
  • Lot Features: Partly Wooded
  • Lot Size Acres: 1.08
  • Lot Size Area: 47045
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 47045.00
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4445877
  • Tax Annual Amount: 3390.92
  • Assessor Parcel Number: 0802024268
  • Tax Lot: 15
  • Tax Total Finished Sq Ft: 1594
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 11/15/2012

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2011
Closed on
Nov 15, 2012
Sold by
Sheats David E and Sheats Deborah J
Bought by
Chambers David A
Seller's Agent
Susan Hubbell
Gunther-McClary Real Estate
Buyer's Agent
Susan Hubbell
Gunther-McClary Real Estate
List Price
$319,000
Sold Price
$275,000
Premium/Discount to List
-$44,000
-13.79%
Current Estimated Value
$582,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,601
Avg. Annual Appreciation
5.80%
Original Mortgage
$220,000
Outstanding Balance
$156,399
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$405,455

Purchase Details

Closed on
Jan 13, 2011
Sold by
Sheats David E
Bought by
Sheats David E and Sheats Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2007
Sold by
Briscoe Michael K
Bought by
Sheats David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2002
Sold by
Turcich John A and Turcich Catherine P
Bought by
Briscoe Michael K and Briscoe Juanita J
Source: Public Records

Range of Values:

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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
Chambers David A $275,000 Castle Title Llc
Sheats David E -- --
Sheats David E $390,000 --
Briscoe Michael K $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chambers David A $100,000
Closed Chambers David A $50,000
Open Chambers David A $220,000
Previous Owner Sheats David E $265,000
Previous Owner Sheats David E $275,000
Previous Owner Sheats David E $37,000
Closed Briscoe Michael K --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2012 11/15/12 Sold $275,000 -6.8% $178 / Sq Ft
10/10/2012 10/10/12 Pending -- -- --
07/31/2012 07/31/12 Price Changed $295,000 -7.5% $190 / Sq Ft
07/10/2012 07/10/12 For Sale $319,000 0.0% $206 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
04/12/2012 04/12/12 Price Changed $319,000 -8.8% $206 / Sq Ft
11/18/2011 11/18/11 For Sale $349,900 -- $226 / 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 $2,894 $290,900 $139,500 $151,400
2023 $2,567 $290,367 $0 $0
2022 $3,324 $289,833 $0 $0
2021 $3,258 $289,300 $139,500 $149,800
2020 $3,383 $288,100 $0 $0
2019 $3,369 $286,900 $0 $0
2018 $3,355 $285,700 $139,500 $146,200
2017 $3,355 $285,700 $0 $0
2016 $3,215 $285,700 $0 $0
2015 $3,215 $286,100 $0 $0
2014 $3,360 $286,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004641398

Bright MLS

APN: 02-024268