NOT LISTED FOR SALE

Estimated Value: $473,586 - $499,000

3 Beds
2.5 Baths
1,536 Sq Ft
$314/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $390,000 $254 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,817/month

Highlights

  • Boat Ramp
  • Beach
  • Gourmet Kitchen
  • Matapeake Elementary School Rated A-
  • New Construction
  • Open Floorplan

About This Home

As of September 2021

This home is located at 218 Somerset Rd, Stevensville, MD 21666 since 22 June 2021 and is currently estimated at $482,397, approximately $314 per square foot. This property was built in 2021. 218 Somerset Rd is a home located in Queen Anne's County with nearby schools including Matapeake Elementary School, Matapeake Middle School, and Kent Island High School.

Last Agent to Sell the Property

Cornelia Fallon

(860) 857-1005 cornelia@watermanrealty.com Coldwell Banker Waterman Realty License #646884 Listed on: 06/22/2021

Coldwell Banker Waterman Realty

Last Buyer's Agent

Cornelia Fallon

(860) 857-1005 cornelia@watermanrealty.com Coldwell Banker Waterman Realty License #646884 Listed on: 06/22/2021

Coldwell Banker Waterman Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $436

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 10,000 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned NC-20

HOA Fees

  • HOA YN

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Recessed Lighting
  • Combination Dining and Living Room
  • Carpet
  • Crawl Space
  • Laundry on upper level
  • Attic

Kitchen

  • Gourmet Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Schools

  • Matapeake Elementary And Middle School
  • Kent Island High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 1804001095
  • $477 Front Foot Fee per quarter

Community Details

Overview

  • Condo Association YN: No
  • Kent Island Estates Subdivision

Recreation

  • Boat Ramp
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$436

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$1 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Stove, Stainless Steel Appliances
  • Interior Amenities: Attic, Carpet, Combination Dining/Living, Floor Plan - Open, Kitchen - Gourmet, Pantry, Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s)
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1536
  • Living Area Sq Ft: 1536
  • Price Per Sq Ft: 253.91
  • Above Grade Finished Sq Ft: 1536
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Combination, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 10.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Quarterly

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: MATAPEAKE
  • High School: KENT ISLAND
  • Middle Or Junior School: MATAPEAKE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 148000.00
  • Land Assessed Value: 150500.00
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Property Condition: Excellent
  • Zoning: NC-20
  • Zoning Description: residential
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4518471
  • Tax Annual Amount: 436.00
  • Assessor Parcel Number: 1804001095
  • Tax Lot: 24
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Front Foot Fee: 477.00

MLS Schools

  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Sep 15, 2021
Sold by
Waterman Realty Company Inc
Bought by
Campagnini Kathryn Marie
Seller's Agent
Cornelia Fallon
Coldwell Banker Waterman Realty
Buyer's Agent
Cornelia Fallon
Coldwell Banker Waterman Realty
List Price
$390,000
Sold Price
$390,000
Current Estimated Value
$482,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,397
Avg. Annual Appreciation
5.17%
Original Mortgage
$383,320
Outstanding Balance
$348,793
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$133,604

Purchase Details

Closed on
Jun 24, 2019
Sold by
Atkinson James William
Bought by
Waterman Realty Company Inc

Purchase Details

Closed on
Mar 1, 2016
Sold by
Atkinson James William and Atkinson Carole C
Bought by
Atkinson James William
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Campagnini Kathryn Marie $390,000 Brilliant Title
Waterman Realty Company Inc $30,000 The Atlantic Title Group
Atkinson James William -- Secu Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campagnini Kathryn Marie $383,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2021 09/16/21 Sold $390,000 0.0% $254 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $390,000 -- $254 / 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 $3,346 $355,233 $0 $0
2024 $3,079 $326,867 $0 $0
2023 $2,812 $298,500 $150,500 $148,000
2022 $2,798 $297,000 $0 $0
2021 $2,126 $295,500 $0 $0
2020 $436 $45,500 $45,500 $0
2019 $429 $44,767 $0 $0
2018 $96 $10,000 $10,000 $0
2017 $96 $10,000 $0 $0
2016 -- $10,000 $0 $0
2015 $144 $10,000 $0 $0
2014 $144 $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA148052

Bright MLS

APN: 04-001095