20786 Frazier Point Ln Preston, MD 21655
4
Beds
3.5
Baths
3,700
Sq Ft
9.14
Acres
Highlights
- 382 Feet of Waterfront
- Pier
- River View
- 2 Dock Slips
- Private Beach
- Open Floorplan
About This Home
As of December 2024Waterfront retreat with broad westerly views across the Choptank River - the canvas of this remarkable view is touched by vibrant wetlands and preserved farms teaming with wildlife and waterfowl. A paved, tree-lined driveway provides a handsome entry to this lovely nine-acre waterfront retreat located a short drive from Easton (8 miles) or Preston (6 miles). The brick rambler was built in 2001 and has been dutifully maintained and updated. The orientation of the house is westerly, capturing the river views with a large water-side screened porch where one may appreciate the noteworthy sights and sounds. The floor plan of the house lends itself to entertaining with an open-concept kitchen with island including a Gaggenau steamer. Beautifully refinished oak floors create warmth throughout the open-concept kitchen, dining, and living rooms, with a gas fireplace and built-ins for the entertainment console. The primary suite is on the south side of the house with water views, large closet, an accessible shower and corner bath. Off the foyer is an office / study opening to the great room. Past the kitchen are two additional bedrooms, a full bath, laundry and a spacious three-car garage. The mechanicals are located in the garage and are readily accessible. There is a propane-fired hydronic heating system serving the domestic hot water and HVAC system and the
crawlspace has been recently encapsulated. The second floor was recently refinished and serves as a recreation/studio space with a full bath. The property has five acres under cultivation with a local farmer rotating crops yearly. There are 382 feet of shoreline with improvements, including rip-rap stone revetment and a pier with over four feet of water at mean low tide. With close proximity by water to area restaurants, this property is just 15 minutes to Suicide Bridge Restaurant by water, 25 minutes to the Hyatt Chesapeake.
Last Agent to Sell the Property
Benson & Mangold, LLC License #510143 Listed on: 07/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,027
Year Built
- Built in 2001
Lot Details
- 9.14 Acre Lot
- 382 Feet of Waterfront
- Home fronts navigable water
- Private Beach
- Rural Setting
- East Facing Home
Parking
- 3 Car Attached Garage
- Side Facing Garage
- Circular Driveway
Home Design
- Rambler Architecture
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
Interior Spaces
- 3,700 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Gas Fireplace
- Entrance Foyer
- Family Room Off Kitchen
- Living Room
- Dining Room
- Recreation Room
- Screened Porch
- River Views
Kitchen
- Stove
- Cooktop
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Laundry on main level
- Front Loading Dryer
- Front Loading Washer
Outdoor Features
- Outdoor Shower
- Pier
- Access to Tidal Water
- Water Access
- River Nearby
- Rip-Rap
- 2 Dock Slips
- Physical Dock Slip Conveys
- 3 Powered Boats Permitted
- 3 Non-Powered Boats Permitted
- Terrace
Utilities
- Central Air
- Heat Pump System
- Heating System Powered By Owned Propane
- 200+ Amp Service
- Well
- Propane Water Heater
- On Site Septic
- Phone Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0604021967
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2024
Closed on
Dec 9, 2024
Sold by
Reb Douglas and Reb Mary
Bought by
Walker Lawrence Grayson and Walker Amelia Ann
Seller's Agent
Brian Gearhart
Benson & Mangold, LLC
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$1,495,000
Sold Price
$1,325,000
Premium/Discount to List
-$170,000
-11.37%
Views
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,578
Avg. Annual Appreciation
-1.15%
Original Mortgage
$345,000
Outstanding Balance
$232,604
Interest Rate
6.84%
Mortgage Type
Construction
Estimated Equity
$1,084,120
Purchase Details
Closed on
Jan 24, 2000
Sold by
Wolcott Evan L
Bought by
Reb Douglas and Reb Mary
Purchase Details
Closed on
Apr 24, 1999
Sold by
Wolcott Elaine H
Bought by
Wolcott Evan L
Similar Homes in Preston, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,325,000 | Eastern Shore Title | |
| Deed | $1,325,000 | Eastern Shore Title | |
| Deed | $103,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $345,000 | Construction | |
| Closed | $345,000 | Construction | |
| Previous Owner | $613,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $189,754 | Credit Line Revolving | |
| Previous Owner | $579,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $1,325,000 | -11.4% | $358 / Sq Ft |
| 11/17/2024 11/17/24 | Pending | -- | -- | -- |
| 07/03/2024 07/03/24 | For Sale | $1,495,000 | -- | $404 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,705 | $638,000 | $0 | $0 |
| 2023 | $6,300 | $576,900 | $229,000 | $347,900 |
| 2022 | $6,285 | $570,100 | $0 | $0 |
| 2021 | $6,137 | $563,300 | $0 | $0 |
| 2020 | $6,137 | $556,500 | $229,000 | $327,500 |
| 2019 | $5,999 | $543,833 | $0 | $0 |
| 2018 | $5,860 | $531,167 | $0 | $0 |
| 2017 | $5,722 | $518,500 | $0 | $0 |
| 2016 | -- | $518,500 | $0 | $0 |
| 2015 | $6,299 | $518,500 | $0 | $0 |
| 2014 | $6,299 | $552,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Gearhart
Seller's Agent in 2024
Brian Gearhart
Benson & Mangold, LLC
(410) 310-5179
336 Total Sales
-
Carol Strasfeld
Buyer's Agent in 2024
Carol Strasfeld
Unrepresented Buyer Office
(301) 806-8871
5,176 Total Sales
Map
Source: Bright MLS
MLS Number: MDCM2004466
APN: 04-021967
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