NOT LISTED FOR SALE

150 Somerset Rd Stevensville, MD 21666

Romancoke Neighborhood

Estimated Value: $726,000 - $843,000

0.22 Acre
$3,580,559 Price per Acre
9,500 Sq Ft Lot

Last Sold July 15, 2021

Last sale price $220,000 $88 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $4,665/month

115 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • Stream or River on Lot
  • Matapeake Elementary School Rated A-
  • Creek or Stream View
  • Property is near a creek

About This Lot

As of July 2021

Take a drive and look at the beautiful views overlooking the water and looking out at Philpot Island. Imagine living on the water, building a house and a pier on Kent Island for your own piece of paradise. This buildable lot is ready for you to build your dream house on the water. The seller has been preparing this lot for your new dream house and now has a Fema Letter of Determination showing this lot is now in flood zone x - out of the 100 and 500 year flood plain. Don't know where to start? We would be happy to help you. Conveniently located 7 miles south of the Bay Bridge. Close to Kent Island Trail, Romancoke Peir, restaurants and shopping

Last Agent to Sell the Property

Pamela Childers

(410) 490-7440 pamchildersrealtor@gmail.com Douglas Realty LLC License #597250 Listed on: 01/04/2021

Last Buyer's Agent

Heather Lewis

(301) 266-2757 hlewis@kw.com Keller Williams Three Bridges

Keller Williams Three Bridges

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,122

Lot Details

  • 9,500 Sq Ft Lot
  • Home fronts navigable water
  • Creek or Stream
  • Property is zoned NC-20

HOA Fees

  • $2 Monthly HOA Fees

Schools

  • Matapeake Elementary And Middle School
  • Kent Island High School

Additional Features

  • Creek or Stream Views
  • Property is near a creek
  • Well Required

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 1804023080

Community Details

Overview

  • Kent Island Estates HOA
  • Kent Island Estates Subdivision

Recreation

  • Water Access
  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,122

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 23.15

Exterior Features

  • Construction Completed: No
  • View: Creek/Stream
  • Water Access: Yes
  • Water Body Name: Shipping Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 25.00
  • HOA Fee Frequency: Annually
  • HOA Name: KENT ISLAND ESTATES
  • HOA: Yes

Fee Information

  • Other Fees: 10.00
  • Other Fees Frequency: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: MATAPEAKE
  • High School: KENT ISLAND
  • Middle Or Junior School: MATAPEAKE

Lot Info

  • Additional Parcels: No
  • Lot Features: Stream/Creek
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9500.00
  • Possible Use: Residential
  • Zoning: NC-20
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4520334
  • Tax Annual Amount: 1122.00
  • Assessor Parcel Number: 1804023080
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Jul 14, 2021
Sold by
Mcguire Eugene M and Mcguire Kathryn J
Bought by
Watson Caroline Joy and Green David Michael
Seller's Agent
Pamela Childers
Douglas Realty LLC
Buyer's Agent
Heather Lewis
Keller Williams Three Bridges
List Price
$234,900
Sold Price
$220,000
Premium/Discount to List
-$14,900
-6.34%
Current Estimated Value
$787,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,723
Avg. Annual Appreciation
33.63%
Original Mortgage
$728,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Watson Caroline Joy $220,000 Lakeside Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watson Caroline Joy $728,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $220,000 0.0% $88 / Sq Ft
04/22/2021 04/22/21 Price Changed $219,900 -4.3% $88 / Sq Ft
03/06/2021 03/06/21 Price Changed $229,900 -2.1% $92 / Sq Ft
01/04/2021 01/04/21 For Sale $234,900 -- $94 / 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 $6,225 $660,800 $0 $0
2024 $5,904 $626,700 $0 $0
2023 $5,582 $592,600 $265,500 $327,100
2022 $5,376 $570,733 $0 $0
2021 $0 $127,933 $0 $0
2020 $1,122 $117,000 $117,000 $0
2019 $1,104 $115,067 $0 $0
2018 $291 $30,300 $30,300 $0
2017 $293 $30,500 $0 $0
2016 $481 $30,500 $0 $0
2015 $481 $30,500 $0 $0
2014 $481 $40,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pamela Childers

    Seller's Agent in 2021

    Pamela Childers

    Douglas Realty LLC

    (410) 490-7440

    8 in this area

    31 Total Sales

    Pamela Childers
    Section Image

  • H

    Buyer's Agent in 2021

    Heather Lewis

    Keller Williams Three Bridges

    Section Image
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Map

Source: Bright MLS

MLS Number: MDQA146408

Bright MLS

APN: 04-023080

Maryland Queen Annes County Stevensville 21666 Romancoke

150 Somerset Rd, Stevensville, MD

Not Listed for Sale

Lots

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