NOT LISTED FOR SALE

1424 Town Point Rd Cambridge, MD 21613

Estimated Value: $725,000 - $941,937

4 Beds
4 Baths
2,025 Sq Ft
$414/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $215,250 $106 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $5,079/month

Highlights

  • 500 Feet of Waterfront
  • Guest House
  • 12.84 Acre Lot
  • 3 Dock Slips
  • Water Oriented
  • Colonial Architecture

About This Home

As of May 2016

Great opportunity to own over 12 acres on the Little Choptank River, House is a shell and was built in 1800, it has been set up to be moved. You can restore it to be classic again either where it sits or move to another location on the property. Many of the house original interior wood works, including mantels are stored in the garage attached to guest house.This house will be sold thru Homesearch

Last Agent to Sell the Property

Bill Griffin

(410) 744-6500 results833@aol.com Results Realty Inc. License #0005580 Listed on: 03/24/2016

Last Buyer's Agent

Janet Emerson

(443) 521-4584 janetmarylandrealtor@gmail.com Charles C. Powell, Inc. Realtors License #579451

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,753

Year Built

  • Built in 1800

Lot Details

  • 12.84 Acre Lot
  • 500 Feet of Waterfront
  • Property is zoned RC

Parking

  • 3 Car Detached Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Water Oriented
  • River Nearby
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 3 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted

Utilities

  • Well
  • Septic Tank

Additional Features

  • Property has 3 Levels
  • Guest House

Community Details

  • No Home Owners Association
  • Town Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1007120826

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,753

Year Built

Built in 1800

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1800
  • Remarks Public: Great opportunity to own over 12 acres on the Little Choptank River, House is a shell and was built in 1800, it has been set up to be moved. You can restore it to be classic again either where it sits or move to another location on the property. Many of the house original interior wood works, including mantels are stored in the garage attached to guest house.This house will be sold thru Homesearch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 1424

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 2

Exterior Features

  • Other Structures: Guest House
  • Other Structures List: Guest House
  • Construction Materials: Frame
  • Dock Type: Multiple Slip
  • Pool Private: No
  • Water Access: No
  • Water Body Name: LITTLE CHOPTANK
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No
  • Water Frontage In Feet: 500

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: DORCHESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121139665361

Lot Info

  • Improvement Assessed Value: 75100.00
  • Land Assessed Value: 269800.00
  • Lot Size Acres: 12.84
  • Lot Size Area: 559310
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 559310.00
  • Property Attached Yn: No
  • Year Assessed: 2016
  • Zoning: RC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5309090
  • Tax Annual Amount: 3752.51
  • Assessor Parcel Number: 1007120826
  • Tax Total Finished Sq Ft: 2448
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 05/31/2016

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 2
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2016
Sold by
Lash Richard A and Bedford Barry K
Bought by
Us Bank National Association
Current Estimated Value
$837,484

Purchase Details

Closed on
Feb 8, 2006
Sold by
Collins Charles Scott
Bought by
Collins Charles Scott And and Collins Amy Estep

Purchase Details

Closed on
Oct 24, 2005
Sold by
Young Robert N and Young Patricia L
Bought by
Collins Charles Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 5, 1995
Sold by
Young Robert N
Bought by
Young Robert N and Young Patricia L
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
Us Bank National Association $986,070 None Available
Collins Charles Scott And -- --
Collins Charles Scott $1,250,000 --
Young Robert N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Charles Scott $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold $215,250 +5.0% $106 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $205,000 -- $101 / 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 $7,662 $665,700 $269,800 $395,900
2024 $6,579 $625,967 $0 $0
2023 $6,579 $586,233 $0 $0
2022 $6,137 $546,500 $269,800 $276,700
2021 $6,137 $546,500 $269,800 $276,700
2020 $6,137 $546,500 $269,800 $276,700
2019 $6,139 $546,700 $269,800 $276,900
2018 $6,139 $546,700 $269,800 $276,900
2017 $3,395 $307,100 $0 $0
2016 -- $344,900 $0 $0
2015 $4,755 $344,900 $0 $0
2014 $4,755 $344,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001676481

Bright MLS

APN: 07-120826