NOT LISTED FOR SALE

1961 Ocean Gateway Trappe, MD 21673

Estimated Value: $464,000 - $718,000

3 Beds
3 Baths
1,830 Sq Ft
$342/Sq Ft Est. Value

Last Sold September 06, 2012

Last sale price $370,000 $202 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,734/month

28 Days on Market

Highlights

  • Water Views
  • Open Floorplan
  • Wood Burning Stove
  • In Ground Pool
  • Deck
  • Premium Lot

About This Home

As of September 2012

Private oasis close to Cambridge. Well maintained home with pretty views of Bolingbroke Creek. Inground pool, rec room with fireplace and wet bar. Rear deck overlooking well landscaped yard.

Last Listed By

Barbara Watkins

Benson & Mangold, LLC License #17535 Listed on: 05/29/2012

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,254

Year Built

  • Built in 1974

Lot Details

  • 2.79 Acre Lot
  • Landscaped
  • Premium Lot
  • Property is in very good condition
  • Property is zoned A2

Parking

  • 2 Car Attached Garage

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • 3 Fireplaces
  • Wood Burning Stove
  • Screen For Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Game Room
  • Sun or Florida Room
  • Screened Porch
  • Utility Room
  • Wood Flooring
  • Water Views
  • Home Security System
  • Attic

Kitchen

  • Country Kitchen
  • Breakfast Room
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Shed

Schools

  • White Marsh Elementary School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2103117995

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,254

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1974
  • Remarks Public: Private oasis close to Cambridge. Well maintained home with pretty views of Bolingbroke Creek. Inground pool, rec room with fireplace and wet bar. Rear deck overlooking well landscaped yard.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Country, Kitchen - Island, Dining Area, Primary Bath(s), Window Treatments, Entry Level Bedroom, Upgraded Countertops, Wood Stove, Wet/Dry Bar, Wood Floors, Floor Plan - Open
  • Fireplace Features: Screen
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings
  • Entry Location: Foyer
  • Foundation Details: Block
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Breakfast Room, Sun/Florida Room, Laundry, Utility Room, Bedroom 6, Screened Porch
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 1961

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Brick
  • Pool Features: In Ground
  • Roof: Asphalt
  • View: Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: TALBOT COUNTY PUBLIC SCHOOLS
  • Elementary School: WHITE MARSH
  • School District Key: 121138072466
  • Elementary School: WHITE MARSH

Lot Info

  • Improvement Assessed Value: 184000.00
  • Land Assessed Value: 147900.00
  • Lot Features: Landscaping, Premium
  • Lot Size Acres: 2.79
  • Lot Size Area: 121532
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 121532.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2012
  • Zoning: A2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5296211
  • Tax Annual Amount: 2254.00
  • Assessor Parcel Number: 2103117995
  • Tax Page Number: 921
  • Tax Total Finished Sq Ft: 1830
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 09/06/2012

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2012
Closed on
Sep 6, 2012
Sold by
Soutiere Edward C and Soutiere Patricia A
Bought by
Garvin Keith Douglas and Garvin Shannon H
Seller's Agent
Barbara Watkins
Benson & Mangold, LLC
Buyer's Agent
Barbara Watkins
Benson & Mangold, LLC
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%
Total Days on Market
28
Current Estimated Value
$626,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,632
Avg. Annual Appreciation
4.08%
Original Mortgage
$377,955
Interest Rate
3.59%
Mortgage Type
VA

Purchase Details

Closed on
Dec 20, 1995
Sold by
Wallace Scott J
Bought by
Knapp Foundation The

Purchase Details

Closed on
Aug 15, 1989
Sold by
Wheatley James R and Wheatley Mary Lee
Bought by
Soutiere Edward C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
9.96%

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
Garvin Keith Douglas $370,000 Eastern Shore Title Company
Knapp Foundation The -- --
Soutiere Edward C $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garvin Keith Douglas $476,560
Closed Garvin Keith Douglas $377,955
Previous Owner Soutiere Edward C $170,000
Closed Knapp Foundation The --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2012 09/06/12 Sold $370,000 -3.9% $202 / Sq Ft
06/26/2012 06/26/12 Pending -- -- --
05/29/2012 05/29/12 For Sale $385,000 -- $210 / 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 $3,122 $413,700 $0 $0
2023 $2,932 $383,400 $133,100 $250,300
2022 $2,721 $375,233 $0 $0
2021 $2,556 $367,067 $0 $0
2020 $2,556 $358,900 $133,100 $225,800
2019 $2,553 $356,267 $0 $0
2018 $2,468 $353,633 $0 $0
2017 $2,348 $351,000 $0 $0
2016 $2,200 $344,633 $0 $0
2015 $1,188 $338,267 $0 $0
2014 $1,188 $331,900 $0 $0
Source: Public Records

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Source: Bright MLS

MLS Number: 1004008562

Bright MLS

APN: 03-117995