NOT LISTED FOR SALE

Estimated Value: $443,000 - $520,000

3 Beds
2 Baths
1,446 Sq Ft
$330/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $195,000 $135 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $2,768/month

Highlights

  • 1 Boat Dock
  • Beach
  • Boat or Launch Ramp
  • Matapeake Elementary School Rated A-
  • Pier
  • Pier or Dock

About This Home

As of January 2018

Bank Owned/Foreclosure. Sold AS-IS. Cash or FHA 203K only. Priced below tax assessed value. Rental income opportunity or move in and make it your own. Huge double lot with .46 acres. Detached 2 car garage. Great water access. 3 blocks from the Chesapeake Bay.

Last Agent to Sell the Property

Chris Boone

(703) 405-6303 chris.boone@vylla.com Vylla Home License #0225069916 Listed on: 11/27/2017

Vylla Home

Last Buyer's Agent

Darlene Winegardner

(410) 991-1456 dwinegardner@executiveagent.net RE/MAX Executive License #509819

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,536

Year Built

  • Built in 1973

Lot Details

  • 0.46 Acre Lot
  • Home fronts navigable water
  • Backs to Trees or Woods
  • Property is in below average condition
  • Property is zoned NC-20

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pier
  • Water Access
  • Property near a bay
  • Boat or Launch Ramp
  • Boat Ramp
  • 1 Boat Dock
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 1804016769

Community Details

Overview

  • Romancoke On The Bay Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse

Recreation

  • Pier or Dock
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,536

Year Built

Built in 1973

Lot Details

0

HOA Fees

$6 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: 1973
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Pool Private: No
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 75.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Beach, Common Grounds, Pier/Dock, Picnic Area
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 147500.00
  • Land Assessed Value: 121500.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.46
  • Lot Size Area: 20000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20000.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Property Condition: Below Average
  • Zoning: NC-20

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Boat/Launch Ramp

Tax Info

  • Assessor Parcel Number: 4519806
  • Tax Annual Amount: 2536.40
  • Assessor Parcel Number: 1804016769
  • Tax Lot: 3
  • Tax Year: 2016

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2017
Closed on
Dec 18, 2017
Sold by
Wilingtons Savanings Fund Society
Bought by
Hanna Investmentys Series Stautory Trust
Seller's Agent
Chris Boone
Vylla Home
Buyer's Agent
Darlene Winegardner
RE/MAX Executive
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$476,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,637
Avg. Annual Appreciation
12.17%

Purchase Details

Closed on
Feb 22, 2017
Sold by
Sampson Lila S and Sampson Lila Suzanne
Bought by
Wilmington Savings Fund Society and Stanwich Mortgage Loan Trust

Purchase Details

Closed on
Oct 4, 1994
Sold by
Stevens Brian K and Stevens Lena K
Bought by
Sampson Michael Day and Sampson Lila Suzanne

Purchase Details

Closed on
Mar 29, 1989
Sold by
Lang Marie A
Bought by
Stevens Brian K and Stevens Lena K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
11.22%

Purchase Details

Closed on
Mar 1, 1989
Sold by
Lang John A
Bought by
Lang Marie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
11.22%
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
Hanna Investmentys Series Stautory Trust $195,000 Carrington Title Services
Wilmington Savings Fund Society $270,655 Carrington Title Services
Sampson Michael Day $131,900 --
Stevens Brian K $105,000 --
Lang Marie A $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stevens Brian K $84,000
Closed Sampson Michael Day --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $195,000 0.0% $135 / Sq Ft
12/10/2017 12/10/17 Off Market $195,000 -- --
11/27/2017 11/27/17 For Sale $199,900 -- $138 / 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 $3,204 $340,167 $0 $0
2024 $2,927 $310,733 $0 $0
2023 $2,650 $281,300 $151,500 $129,800
2022 $2,564 $272,233 $0 $0
2021 $2,524 $263,167 $0 $0
2020 $2,422 $254,100 $131,500 $122,600
2019 $2,497 $254,100 $131,500 $122,600
2018 $2,497 $254,100 $131,500 $122,600
2017 $2,640 $269,000 $0 $0
2016 -- $258,200 $0 $0
2015 $1,077 $247,400 $0 $0
2014 $1,077 $236,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004229917

Bright MLS

APN: 04-016769