NOT LISTED FOR SALE

14511 E Way Scotland, MD 20687

Estimated Value: $394,000 - $420,000

2 Beds
1 Bath
1,025 Sq Ft
$400/Sq Ft Est. Value

Last Sold November 25, 2024

Last sale price $378,000 $369 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,510/month

161 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Open Floorplan
  • Furnished
  • View of Trees or Woods
  • Stream or River on Lot
  • No HOA

About This Home

As of November 2024

Have you been looking for your own cozy, quiet waterfront retreat? Whether you want full time living with nature or need a place to escape on weekends, just bring your suitcase! 2 ample sized bedrooms and 1 bath with a laundry space complete with smart washer/dryer. The living space has wide open views including the Updated kitchen and breakfast bar wit quartz countertops, dining area and family room. Take a stroll to the new pier and catch crabs, have a seat and see how many bird calls you can identify. Hop in the kayaks to explore serene Tanners Creek that leads to the Chesapeake Bay. Just a short walk or bike ride to historical Point Lookout State Park and only minutes to several local dining spots. This home is already established as a vacation rental so please NO DRIVEBYS and all showing appointments must allow for 2+ hour notice.

Last Agent to Sell the Property

Trish Wallmark

(301) 672-1197 southernmarylandtrish@gmail.com RE/MAX One License #00521156 Listed on: 05/31/2024

RE/MAX One

Last Buyer's Agent

Carol Strasfeld

(301) 806-8871 carolstrasfeld@gmail.com Unrepresented Buyer Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,645

Year Built

  • Built in 1964

Lot Details

  • 0.41 Acre Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • No Through Street
  • Property is in very good condition
  • Property is zoned RPD

Parking

  • Driveway

Property Views

  • Woods
  • Creek or Stream

Home Design

  • Cottage
  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,025 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Stream or River on Lot
  • Outbuilding

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Sewer Holding Tank

Additional Features

  • Ramp on the main level
  • Flood Risk

Community Details

  • No Home Owners Association
  • Scotland Beach Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 113
  • Assessor Parcel Number 1901010999

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,645

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow, Cottage
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Inclusions: Furniture
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Floor Plan - Open
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1025
  • Living Area Sq Ft: 1025
  • Price Per Sq Ft: 379.51
  • Above Grade Finished Sq Ft: 1025
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • View: Creek/Stream, Trees/Woods
  • Water Access: Yes
  • Water Body Name: Tanners Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Holding Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Lot Info

  • Lot Features: No Thru Street, Stream/Creek
  • Lot Size Acres: 0.41
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18000.00
  • Property Condition: Very Good
  • Zoning: RPD
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 37000.00
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 3645.00
  • Assessor Parcel Number: 1901010999
  • Tax Lot: 113
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: ST. MARY'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Nov 25, 2024
Sold by
May Erin L and May Scott H
Bought by
Vu Thinh Manh and Chau Hong-Hanh
Seller's Agent
Trish Wallmark
RE/MAX One
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$410,000
Sold Price
$378,000
Premium/Discount to List
-$32,000
-7.8%
Views
262
Current Estimated Value
$410,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,174
Avg. Annual Appreciation
7.43%
Original Mortgage
$321,300
Outstanding Balance
$310,845
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$99,329

Purchase Details

Listed on
Mar 1, 2022
Closed on
Mar 29, 2022
Sold by
Michael Cress Jon
Bought by
May Scott H and May Erin L
Seller's Agent
Jack O'Steen
RE/MAX United Real Estate
Buyer's Agent
Kathy White-Thorne
RE/MAX United Real Estate
List Price
$349,900
Sold Price
$375,000
Premium/Discount to List
$25,100
7.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.30%
Original Mortgage
$318,750
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2019
Sold by
Operle Karl Martin
Bought by
Cress Jon Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,194
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Feb 27, 2015
Sold by
Parker Christopher
Bought by
Operle Karl Martin

Purchase Details

Closed on
Jul 27, 2005
Sold by
Moltumyr Jonathan D
Bought by
Operle Karl Martin S and Operle O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,300
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2004
Sold by
Christensen and Reas
Bought by
Moltumyr Jonathan D and Moltumyr Christopher Parker

Purchase Details

Closed on
Aug 9, 1979
Sold by
Hicks Robert James
Bought by
Christensen Andreas
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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Purchase History

Date Buyer Sale Price Title Company
Vu Thinh Manh $378,000 Blue Crab Title
Vu Thinh Manh $378,000 Blue Crab Title
May Scott H $375,000 Trusted Title
Cress Jon Michael $218,000 Passport Title Services Llc
Operle Karl Martin -- Bridgeview Title Llc
Operle Karl Martin S $375,000 --
Moltumyr Jonathan D $100,000 --
Christensen Andreas $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vu Thinh Manh $321,300
Closed Vu Thinh Manh $321,300
Previous Owner May Scott H $318,750
Previous Owner Cress Jon Michael $225,194
Previous Owner Operle Karl Martin S $135,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2024 11/25/24 Sold $378,000 -2.8% $369 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
11/05/2024 11/05/24 Off Market $389,000 -- --
08/19/2024 08/19/24 Price Changed $389,000 -2.5% $380 / Sq Ft
06/17/2024 06/17/24 Price Changed $399,000 -2.7% $389 / Sq Ft
05/31/2024 05/31/24 For Sale $410,000 +9.3% $400 / Sq Ft
04/01/2022 04/01/22 Sold $375,000 +7.2% $366 / Sq Ft View Prior Sale
03/03/2022 03/03/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $349,900 -- $341 / 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 $4,377 $400,867 $0 $0
2024 $4,153 $379,733 $0 $0
2023 $3,857 $358,600 $265,500 $93,100
2022 $3,846 $357,767 $0 $0
2021 $3,836 $356,933 $0 $0
2020 $3,825 $356,100 $265,500 $90,600
2019 $3,824 $356,100 $265,500 $90,600
2018 $3,822 $356,100 $265,500 $90,600
2017 $3,818 $357,600 $0 $0
2016 -- $357,600 $0 $0
2015 -- $357,600 $0 $0
2014 $4,399 $366,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSM2019174

Bright MLS

APN: 01-010999