NOT LISTED FOR SALE

1507 Oyster Cove Dr Grasonville, MD 21638

Kent Narrows Neighborhood

Estimated Value: $724,918 - $810,000

3 Beds
3.5 Baths
1,470 Sq Ft
$519/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $445,000 $303 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,009/month

122 Days on Market

Highlights

  • 1 Dock Slip
  • Water Views
  • Home fronts navigable water
  • Grasonville Elementary School Rated A-
  • Pier or Dock
  • Water Access

About This Home

As of July 2016

Bring all offers! Fabulous "million-dollar" views from all 3 levels of this wonderful 3 bedroom, 3.5 bath townhouse. This gated Oyster Cove home includes hardwood floors and a rare deeded boat slip. Come check out this luxurious property before it is gone!

Last Agent to Sell the Property

Redge Mahaffey

Anne Arundel Properties, Inc. Listed on: 03/01/2016

Last Buyer's Agent

Deb Laite

Blackwell Real Estate, LLC License #RS-0038653

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,353

Year Built

  • Built in 1995

Lot Details

  • Home fronts navigable water
  • Two or More Common Walls

HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Cedar

Interior Spaces

  • 1,470 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Fireplace With Glass Doors
  • Dining Area
  • Water Views

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Area or Nook
  • Oven
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Water Access
  • Property near a bay
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Schools

  • Stevensville Middle School
  • Kent Island High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 1805044022

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, pier/dock maintenance, reserve funds, road maintenance, snow removal, trash
  • Oyster Cove Hoa Community
  • Oyster Cove Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Pool
  • Jogging Path
  • Bike Trail

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,353

Year Built

Built in 1995

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1995
  • Remarks Public: Bring all offers! Fabulous "million-dollar" views from all 3 levels of this wonderful 3 bedroom, 3.5 bath townhouse. This gated Oyster Cove home includes hardwood floors and a rare deeded boat slip. Come check out this luxurious property before it is gone!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Icemaker, Oven - Single, Range Hood, Refrigerator, Washer, Water Heater
  • Interior Amenities: Breakfast Area, Kitchen - Country, Kitchen - Table Space, Dining Area, Primary Bath(s), Upgraded Countertops, Crown Moldings, Whirlpool/Hottub, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Entry Location: Townhouse
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1470
  • Living Area Sq Ft: 1470
  • Price Per Sq Ft: 316.33
  • Above Grade Finished Sq Ft: 1470
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1507

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Cedar
  • Dock Type: Single Slip
  • Pool Private: Yes
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: EASTERN BAY
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 180.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 210.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Bike Trail, Gated Community, Jog/Walk Path, Picnic Area, Pier/Dock, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Pier/Dock Maintenance, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • Middle School: STEVENSVILLE
  • High School: KENT ISLAND
  • School District Key: 121137777627
  • High School: KENT ISLAND
  • Middle Or Junior School: STEVENSVILLE

Lot Info

  • Improvement Assessed Value: 151100.00
  • Land Assessed Value: 320000.00
  • Property Attached Yn: Yes
  • Year Assessed: 2016
  • Zoning: WVC

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4353.35
  • Assessor Parcel Number: 1805044022
  • Tax Lot: 71
  • Tax Total Finished Sq Ft: 1470
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 07/22/2016

Multi Family

  • Dock Slip Conveyance: Deeded

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jul 22, 2016
Sold by
Hochman Jill
Bought by
Betzel Melissa A
Seller's Agent
Redge Mahaffey
Anne Arundel Properties, Inc.
Buyer's Agent
Deb Laite
Blackwell Real Estate, LLC
List Price
$489,990
Sold Price
$445,000
Premium/Discount to List
-$44,990
-9.18%
Current Estimated Value
$763,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,733
Avg. Annual Appreciation
5.94%

Purchase Details

Listed on
Apr 1, 2014
Closed on
Jul 23, 2014
Sold by
Forst Paula M and Forst Ronald J
Bought by
Hochman Jill and Hochman Charles
Seller's Agent
Sheila Washburn
Benson & Mangold, LLC
Buyer's Agent
Redge Mahaffey
Anne Arundel Properties, Inc.
List Price
$509,000
Sold Price
$450,000
Premium/Discount to List
-$59,000
-11.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.56%
Original Mortgage
$360,000
Interest Rate
3.42%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Betzel Melissa A $445,000 Charter Title Llc
Hochman Jill $450,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hochman Jill $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2016 07/22/16 Sold $445,000 -4.3% $303 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
06/15/2016 06/15/16 Price Changed $464,999 -3.1% $316 / Sq Ft
05/30/2016 05/30/16 Price Changed $479,990 -2.0% $327 / Sq Ft
03/01/2016 03/01/16 For Sale $489,990 +8.9% $333 / Sq Ft
07/24/2014 07/24/14 Sold $450,000 -9.8% $225 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
05/23/2014 05/23/14 Price Changed $499,000 -2.0% $250 / Sq Ft
04/01/2014 04/01/14 For Sale $509,000 -- $255 / 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 $5,261 $558,500 $350,000 $208,500
2023 $5,017 $533,333 $0 $0
2022 $4,779 $508,167 $0 $0
2021 $2,363 $483,000 $320,000 $163,000
2020 $4,594 $479,033 $0 $0
2019 $4,556 $475,067 $0 $0
2018 $4,518 $471,100 $320,000 $151,100
2017 $4,463 $465,367 $0 $0
2016 -- $459,633 $0 $0
2015 $2,442 $453,900 $0 $0
2014 $2,442 $453,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Redge Mahaffey

    Anne Arundel Properties, Inc.

    (443) 510-3002

    7 Total Sales

    Section Image
  • Deb Laite

    Buyer's Agent in 2016

    Deb Laite

    Blackwell Real Estate, LLC

    (443) 326-6891

    50 Total Sales

    Section Image
  • Sheila Washburn

    Seller's Agent in 2014

    Sheila Washburn

    Benson & Mangold, LLC

    (443) 786-6785

    49 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1001033531

Bright MLS

APN: 05-044022

Maryland Queen Annes County Grasonville 21638 Kent Narrows

1507 Oyster Cove Dr, Grasonville, MD

This home is located at 1507 Oyster Cove Dr, Grasonville, MD 21638 since 01 March 2016 and is currently estimated at $763,230, approximately $519 per square foot. This property was built in 1995. 1507 Oyster Cove Dr is a home located in Queen Anne's County with nearby schools including Grasonville Elementary School, Stevensville Middle School, and Kent Island High School.

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