NOT LISTED FOR SALE

218 Greenland Beach Rd Greenland Beach, MD 21226

Estimated Value: $666,000 - $793,000

5 Beds
4 Baths
2,633 Sq Ft
$279/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $475,000 $180 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,619/month

Highlights

  • 100 Feet of Waterfront
  • 0.57 Acre Lot
  • No HOA
  • Private Water Access
  • Rambler Architecture
  • Forced Air Heating System

About This Home

As of August 2019

So many options with this waterfront property in Greenland beach! First of all , it is an investor's dream with 4 apartments that are currently rented for $4200 per month. It is possible that the property could be divided into 2 waterfront building lots. There are three homes on the property and all are currently rented. There is a nonconforming legal use. The pier is in "as is" condition. There is a $30,000 vinyl bulkhead built in 2015 with a 30 yr guarantee. This can stay as rental units or expand by making it be 2 lots. Contract is subject to the leases.

Last Agent to Sell the Property

Bev Langley

Coldwell Banker Realty Listed on: 06/01/2019

Coldwell Banker Realty

Last Buyer's Agent

Monir Dellawar

Samson Properties License #0225219583

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,408

Year Built

  • Built in 1900

Lot Details

  • 0.57 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Property is zoned R5

Home Design

  • Rambler Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Private Water Access

Schools

  • Northeast High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Greenland Beach Subdivision

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 020339517584107

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,408

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1900
  • Remarks Public: So many options with this waterfront property in Greenland beach! First of all , it is an investor's dream with 4 apartments that are currently rented for $4200 per month. It is possible that the property could be divided into 2 waterfront building lots. There are three homes on the property and all are currently rented. There is a nonconforming legal use. The pier is in "as is" condition. There is a $30,000 vinyl bulkhead built in 2015 with a 30 yr guarantee. This can stay as rental units or expand by making it be 2 lots. Contract is subject to the leases.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Stove, Refrigerator, Dryer - Electric
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2633
  • Living Area Sq Ft: 2633
  • Price Per Sq Ft: 263.74
  • Above Grade Finished Sq Ft: 1801
  • Below Grade Finished Sq Ft: 832
  • Total Below Grade Sq Ft: 832
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 218

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Nabbs Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric, Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • High School: NORTHEAST
  • High School Source: Listing Agent
  • School District Key: 121140671932
  • School District Source: Listing Agent
  • High School: NORTHEAST

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 143600.00
  • Land Assessed Value: 404100.00
  • Land Use Code: 011
  • Lot Size Acres: 0.57
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24771.00
  • Year Assessed: 2019
  • Zoning: R5
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 50400.00
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15228993
  • Tax Annual Amount: 7408.00
  • Assessor Parcel Number: 020339517584107
  • Tax Lot: 56
  • Tax Total Finished Sq Ft: 2633
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/23/2019

Multi Family

  • Mean Low Water Feet: 6

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2019
Closed on
Aug 29, 2019
Sold by
Drb Properties Llc
Bought by
Dz Family Llc
Seller's Agent
Bev Langley
Coldwell Banker Realty
Buyer's Agent
Monir Dellawar
Samson Properties
List Price
$550,000
Sold Price
$475,000
Premium/Discount to List
-$75,000
-13.64%
Current Estimated Value
$735,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,099
Avg. Annual Appreciation
6.61%

Purchase Details

Closed on
Jun 8, 2015
Sold by
Brasher Ronald
Bought by
Drb Properties Llc

Purchase Details

Closed on
Nov 17, 2000
Sold by
Adams Freddie H
Bought by
Brasher D Ronald
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
Dz Family Llc $475,000 Icon Title Llc
Drb Properties Llc -- Attorney
Brasher D Ronald $267,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brasher D Ronald $290,000
Previous Owner Brasher D Ronald $310,000
Closed Brasher D Ronald --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $475,000 -9.5% $180 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $525,000 -4.5% $199 / Sq Ft
06/01/2019 06/01/19 For Sale $550,000 -- $209 / 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 $8,437 $625,867 -- --
2024 $8,437 $613,900 $458,100 $155,800
2023 $8,077 $591,833 $0 $0
2022 $7,407 $569,767 $0 $0
2021 $7,177 $547,700 $404,100 $143,600
2020 $7,010 $547,700 $404,100 $143,600
2019 $7,016 $547,700 $404,100 $143,600
2018 $7,076 $697,800 $559,300 $138,500
2017 $7,596 $656,533 $0 $0
2016 -- $615,267 $0 $0
2015 -- $574,000 $0 $0
2014 -- $574,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA402124

Bright MLS

APN: 03-395-17584107