NOT LISTED FOR SALE

Estimated Value: $1,339,783 - $1,839,000

0.32 Acre
$4,620,144 Price per Acre
13,939 Sq Ft Lot

Last Sold October 25, 2012

Last sale price $300,000 $113 Per Sq Ft

Est. 393% increase in value since last sale

Current estimated payment $8,669/month

159 Days on Market

Highlights

  • 50 Feet of Waterfront
  • No HOA
  • Dock Against Bulkhead
  • Bay View

About This Lot

As of October 2012

BUILDABLE WATERFRONT LOT ON THE BAY! PREVIOUSLY HAD A HOME LARGER THAN 2600 SQUARE FEET (REMOVED JUNE '10). THERE IS AN EXISTING SEPTIC, DRAIN FIELD, A WELL, A BULK-HEAD, AND NEWLY INSTALLED RIP-RAP. PERC'D MARCH '12. PRICED BELOW ASSESSED VALUE, AND CAN BE RE-BUILT USING "LIMITED HOME ADDITION POLICY" (INCREASE SIZE BY 50% UP TO 1000SF)! CALL FOR DETAILS!

Last Agent to Sell the Property

Shelvy Snead

shelvysnead1@aol.com Champion Realty, Inc. License #MRIS:37900 Listed on: 03/02/2012

Co-Listed By

Mike Mulvey

(443) 255-2723 michael.mulvey@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Brad Kappel

(410) 279-9476 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty

TTR Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,040

Lot Details

  • 0.32 Acre Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned R2

Property Views

  • Bay Views

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 020308001743500

Community Details

Overview

  • No Home Owners Association
  • Bayside Beach Subdivision

Recreation

  • Water Access
  • Dock Against Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$4,040

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: 23.20

Exterior Features

  • Dock Type: Against Bulkhead Only (Lateral)
  • Construction Completed: No
  • View: Water, Bay
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 315.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.32
  • Lot Size Area: 14000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14000.00
  • Possible Use: Residential
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15205227
  • Tax Annual Amount: 4040.19
  • Assessor Parcel Number: 020308001743500
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2023
Sold by
Cavallio Anthony and Cavallio Deborah A
Bought by
Anthony Cavallio Revocable Trust and Deborah Anne Cavallio Revocable Trust
Current Estimated Value
$1,478,446

Purchase Details

Closed on
Apr 23, 2015
Sold by
Cavallio Anthony
Bought by
Cavallio Anthony and Cavallio Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2012
Closed on
Oct 25, 2012
Sold by
Elliott Barry L and Elliott Karen L
Bought by
Cavallio Anthony
Seller's Agent
Shelvy Snead
Champion Realty, Inc.
Buyer's Agent
Brad Kappel
TTR Sotheby's International Realty
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$520,000
Interest Rate
3.42%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 22, 2007
Sold by
Elliott Barry L
Bought by
Elliott Barry L and Elliott Karen L

Purchase Details

Closed on
Jan 31, 2007
Sold by
Elliott Barry L
Bought by
Elliott Barry L and Elliott Karen L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Anthony Cavallio Revocable Trust -- None Listed On Document
Cavallio Anthony -- None Available
Cavallio Anthony $300,000 None Available
Elliott Barry L -- --
Elliott Barry L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cavallio Anthony $572,000
Previous Owner Cavallio Anthony $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2012 10/25/12 Sold $300,000 -7.7% $113 / Sq Ft
08/08/2012 08/08/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $325,000 -- $122 / 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 $11,350 $1,011,767 -- --
2024 $11,350 $977,000 $368,200 $608,800
2023 $10,240 $951,267 $0 $0
2022 $10,432 $925,533 $0 $0
2020 $10,047 $899,733 $0 $0
2019 $10,056 $899,667 $0 $0
2018 $9,122 $899,600 $313,700 $585,900
2017 $9,403 $878,633 $0 $0
2016 -- $857,667 $0 $0
2015 -- $836,700 $0 $0
2014 -- $308,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003877168

Bright MLS

APN: 03-080-01743500