NOT LISTED FOR SALE

172 Blue Ribbon Ln Grasonville, MD 21638

Estimated Value: $1,152,939 - $1,434,000

28.39 Acres
$45,561 Price per Acre
1,236,668 Sq Ft Lot

Last Sold November 30, 2017

Last sale price $650,000 $153 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $6,809/month

Highlights

  • 1,000 Feet of Waterfront
  • Fishing Allowed
  • 28.39 Acre Lot
  • Grasonville Elementary School Rated A-
  • Water Oriented
  • No HOA

About This Lot

As of November 2017

NEW PRICE*Horse Lover's Build Your Dream Home on this Beautiful Level Parcel w/Premier Equestrian Farm includes a Large 84 x 198 Indoor Arena w/ "Air foot" Surface, 17 Stalls & 7 Feature Nelson Automatic Water, Flex Fencing, Lighted Outdoor Ring, 12 Paddocks; Many w/ Automatic Water *Previously Generated Approx 130,000 a Year in Boarding Fees. Enjoy Kayaking/SUP w Water Access to Greenwood Creek.

Last Agent to Sell the Property

Leila Wagner

(410) 271-5902 leila.wagner@cbmove.com Coldwell Banker Realty Listed on: 05/21/2016

Coldwell Banker Realty

Co-Listed By

Christina Palmer

(443) 938-3379 c.palmer@kw.com Keller Williams Flagship

Last Buyer's Agent

Tom Brown

(443) 871-1196 tom@watermanrealty.com Coldwell Banker Waterman Realty

Coldwell Banker Waterman Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,883

Lot Details

  • 28.39 Acre Lot
  • 1,000 Feet of Waterfront
  • Creek or Stream
  • Cost To Obtain Building Permits
  • Property is zoned CS

Location

  • Property is near a creek

Schools

  • Stevensville Middle School
  • Kent Island High School

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1805051584

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed
  • Water Oriented
  • Canoe or Kayak Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$3,883

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.61

Exterior Features

  • Water Access Features: Canoe/Kayak, Fishing Allowed
  • Water Access: No
  • Water Body Name: GREENWOOD CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: No
  • Water Frontage In Feet: 1000

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

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

Schools

  • High School: KENT ISLAND
  • Middle Or Junior School: STEVENSVILLE

Lot Info

  • Improvement Assessed Value: 176300.00
  • Lot Size Acres: 28.39
  • Lot Size Area: 1236668
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1236668.00
  • Perc Type: Approved
  • Possible Use: Recreational, Residential, Agriculture
  • Zoning: CS

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3883.40
  • Assessor Parcel Number: 1805051584
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2016
Closed on
Nov 30, 2017
Sold by
Mott Gary T and Mott Laurie A
Bought by
Talsiman Therapuctic Riding Inc
Seller's Agent
Leila Wagner
Coldwell Banker Realty
Buyer's Agent
Tom Brown
Coldwell Banker Waterman Realty
List Price
$785,000
Sold Price
$650,000
Premium/Discount to List
-$135,000
-17.2%
Current Estimated Value
$1,293,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$643,470
Avg. Annual Appreciation
9.09%
Original Mortgage
$680,000
Outstanding Balance
$571,610
Interest Rate
3.88%
Mortgage Type
Commercial
Estimated Equity
$721,860

Purchase Details

Closed on
Apr 5, 2007
Sold by
Grasonville 1 Llc
Bought by
Mott Gary T T and Mott Laurie A Mott

Purchase Details

Closed on
Mar 28, 2007
Sold by
Grasonville 1 Llc
Bought by
Mott Gary T T and Mott Laurie A Mott

Purchase Details

Closed on
Oct 10, 2006
Sold by
Kudner Arthur H
Bought by
Grasonville 1 Llc

Purchase Details

Closed on
Oct 6, 2006
Sold by
Kudner Arthur H
Bought by
Grasonville 1 Llc
Source: Public Records

Range of Values:

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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
Talsiman Therapuctic Riding Inc $650,000 Bay East Title
Mott Gary T T $550,000 --
Mott Gary T T $550,000 --
Grasonville 1 Llc $673,716 --
Grasonville 1 Llc $673,716 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Talsiman Therapuctic Riding Inc $680,000
Closed Grasonville 1 Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2017 11/30/17 Sold $650,000 -17.2% $153 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
05/21/2016 05/21/16 For Sale $785,000 -- $185 / 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 $60 $1,023,167 $0 $0
2024 $60 $930,900 $596,400 $334,500
2023 $60 $928,933 $0 $0
2022 $60 $926,967 $0 $0
2021 $0 $925,000 $608,900 $316,100
2020 $0 $548,367 $0 $0
2019 $5,247 $547,033 $0 $0
2018 $3,855 $401,900 $225,600 $176,300
2017 $3,855 $401,900 $0 $0
2016 -- $401,900 $0 $0
2015 $4,605 $404,900 $0 $0
2014 $4,605 $404,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leila Wagner

    Seller's Agent in 2017

    Leila Wagner

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (410) 271-5902

    1 in this area

    9 Total Sales

    Leila Wagner
    Section Image
  • Christina Palmer

    Seller Co-Listing Agent in 2017

    Christina Palmer

    Keller Williams Flagship

    (443) 938-3379

    191 Total Sales

    Christina Palmer
    Section Image

  • T

    Buyer's Agent in 2017

    Tom Brown

    Coldwell Banker Waterman Realty

    (443) 871-1196

    2 Total Sales

    Tom Brown
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000150329

Bright MLS

APN: 05-051584

Maryland Queen Annes County Grasonville 21638

172 Blue Ribbon Ln, Grasonville, MD

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