NOT LISTED FOR SALE

197 Governors Way N Queenstown, MD 21658

Estimated Value: $580,000 - $636,000

3 Beds
2.5 Baths
1,790 Sq Ft
$339/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $540,000 $302 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,536/month

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • Parking Storage or Cabinetry
  • Grasonville Elementary School Rated A-
  • 2 Car Direct Access Garage
  • Heat Pump System

About This Home

As of September 2022

Charming three bedroom, two and a half bath rancher located in sought after Governor Grason Manor. Sited on 1.5 acres, this home offers an eat in kitchen with cherry cabinets, wood burning fireplace in living room, and updated primary bath. New HVAC installed in 2021 with roof and septic replaced in 2006. The kitchen takes you to a lovely sunroom which then leads to a paver patio and firepit, perfect for summertime crab feasts. Low maintenance landscaping and storage shed with ample sized backyard and plenty of driveway space. Nearby public landings offer kayaking, paddle boarding, and other water activities. Governor Grason Manor is close in proximity to Route 50/301, making this property a great spot for those commuting across the bridge. Enjoy nature trails, fabulous restaurants, local shops, and all that the Eastern Shore has to offer.

Last Agent to Sell the Property

Alicia Gannon Dulin

(410) 200-6378 adulin@bensonandmangold.com Benson & Mangold, LLC License #646830 Listed on: 07/30/2022

Benson & Mangold, LLC

Last Buyer's Agent

Jason French

(443) 841-9693 jason@chesapeakebayproperties.com Benson & Mangold, LLC License #5002562

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,258

Year Built

  • Built in 1977

Lot Details

  • 1.49 Acre Lot
  • Property is zoned NC-1

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,790 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Equal To The Number Of Bedrooms

Community Details

  • Governor Grason Manor Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1805021251

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,258

Year Built

Built in 1977

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1790
  • Living Area Sq Ft: 1790
  • Price Per Sq Ft: 323.46
  • Above Grade Finished Sq Ft: 1790
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic = # Of Br
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 176900.00
  • Land Assessed Value: 189900.00
  • Lot Size Acres: 1.49
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 64904.00
  • Zoning: NC-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4529860
  • Tax Annual Amount: 3258.00
  • Assessor Parcel Number: 1805021251
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • 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
Jul 30, 2022
Closed on
Sep 29, 2022
Sold by
Blevins David C
Bought by
Sovero Matthew and Sovero John
Seller's Agent
Alicia Gannon Dulin
Benson & Mangold, LLC
Buyer's Agent
Jason French
Benson & Mangold, LLC
List Price
$599,000
Sold Price
$540,000
Premium/Discount to List
-$59,000
-9.85%
Views
5
Current Estimated Value
$606,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,825
Avg. Annual Appreciation
3.86%
Original Mortgage
$513,000
Outstanding Balance
$489,826
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$116,999

Purchase Details

Closed on
Jun 26, 2006
Sold by
Glaeser Robert S
Bought by
Blevins David C and Blevins Oyce

Purchase Details

Closed on
Jun 20, 2006
Sold by
Glaeser Robert S
Bought by
Blevins David C and Blevins Oyce

Purchase Details

Closed on
Dec 30, 2005
Sold by
Hackett Sylvia L
Bought by
Glaeser Robert S

Purchase Details

Closed on
Jan 31, 1995
Sold by
Pierson Alton C and Pierson Eunice
Bought by
Hackett Sylvia L
Source: Public Records

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
Sovero Matthew $540,000 Newcastle Title
Blevins David C $450,000 --
Blevins David C $450,000 --
Glaeser Robert S -- --
Hackett Sylvia L $163,608 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sovero Matthew $513,000
Closed Blevins David C --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2022 09/29/22 Sold $540,000 -6.7% $302 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/10/2022 08/10/22 Price Changed $579,000 -3.3% $323 / Sq Ft
07/30/2022 07/30/22 For Sale $599,000 -- $335 / 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 $3,973 $415,400 $0 $0
2024 $3,515 $366,800 $189,900 $176,900
2023 $3,430 $357,767 $0 $0
2022 $3,345 $348,733 $0 $0
2021 $3,318 $339,700 $159,900 $179,800
2020 $3,318 $339,700 $159,900 $179,800
2019 $3,318 $339,700 $159,900 $179,800
2018 $3,451 $353,600 $149,900 $203,700
2017 $3,305 $338,367 $0 $0
2016 -- $323,133 $0 $0
2015 $1,782 $307,900 $0 $0
2014 $1,782 $307,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA2004364

Bright MLS

APN: 05-021251