NOT LISTED FOR SALE

228 Overlook Dr Prince Frederick, MD 20678

Estimated Value: $452,000 - $626,261

5 Beds
2 Baths
2,376 Sq Ft
$241/Sq Ft Est. Value

Last Sold April 12, 2012

Last sale price $351,838 $148 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,470/month

365 Days on Market

Highlights

  • 1 Boat Dock
  • Pier
  • Curved or Spiral Staircase
  • Water Views
  • Home fronts navigable water
  • Cape Cod Architecture

About This Home

As of April 2012

BRING ALL OFFERS! PERFECT OPP 2 OWN WATER FRONT PROPOERTY ON THE PAX RIVER - 250' waterfront, PRIVATE beach, 100' pier, boat slip,. Some updates in '75, new septic system in '05, home has original hardwood floors beneath carpeting, game room, plenty of bedroom space, country kitchen, aheavenly back yard overlooking the river! This is a Short Sale! Don't hesitate to make an offer.

Last Agent to Sell the Property

Jacki Ferko

(240) 882-9270 jacki@jackiferko.com Douglas Commercial, LLC License #MRIS:138762 Listed on: 02/02/2011

Last Buyer's Agent

Carol Wargo

(301) 855-8600 carolwargo@gmail.com RE/MAX Realty Group

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,973

Year Built

  • Built in 1975

Lot Details

  • 0.81 Acre Lot
  • Home fronts navigable water
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Curved or Spiral Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wood Burning Stove
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Storage Room
  • Stacked Washer and Dryer
  • Home Gym
  • Wood Flooring
  • Water Views
  • Attic

Kitchen

  • Eat-In Country Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Unfinished Basement

  • Connecting Stairway
  • Exterior Basement Entry
  • Space For Rooms
  • Crawl Space

Outdoor Features

  • Pier
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Boat Dock

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 0502037238

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,973

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1975
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Exhaust Fan, Microwave, Refrigerator, Stove, Washer/Dryer Stacked
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Country, Dining Area, Kitchen - Eat-In, Built-Ins, Chair Railings, Crown Moldings, Curved Staircase, Window Treatments, Master Bath(s), Wood Floors
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Foundation Details: Crawl Space
  • Levels Count: 3+
  • Room List: Exercise Room, Storage Room, Attic
  • Basement: Yes
  • Basement Type: Outside Entrance, Connecting Stairway, Space For Rooms, Unfinished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: PATUXENT RIVER
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 113.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air, Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 240300.00
  • Land Assessed Value: 343400.00
  • Lot Size Acres: 0.81
  • Lot Size Area: 35461
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 35461.00
  • Property Condition: Very Good
  • Zoning: R-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14970649
  • Tax Annual Amount: 5973.35
  • Assessor Parcel Number: 0502037238
  • Tax Lot: 19
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2011
Closed on
Apr 12, 2012
Sold by
True Charles E and True Brenda Lou
Bought by
Guinn Bruce
Seller's Agent
Jacki Ferko
Douglas Commercial, LLC
Buyer's Agent
Carol Wargo
RE/MAX Realty Group
List Price
$400,000
Sold Price
$351,838
Premium/Discount to List
-$48,162
-12.04%
Current Estimated Value
$572,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,727
Avg. Annual Appreciation
3.63%
Original Mortgage
$268,650
Outstanding Balance
$185,559
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$387,006

Purchase Details

Closed on
Mar 17, 2005
Sold by
True Charles E and True Bonnie K
Bought by
True Charles E and True Brenda Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2005
Sold by
True Charles E
Bought by
True Charles E and True Brenda Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 1984
Sold by
Shoffner Myron A
Bought by
True Charles E and True Bonnie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,408
Interest Rate
13.78%
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
Guinn Bruce $351,838 Lakeside Title Company
True Charles E -- --
True Charles E -- None Available
True Charles E $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guinn Bruce $268,650
Previous Owner True Charles E $315,000
Previous Owner True Charles E $315,000
Previous Owner True Charles E $64,408
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2012 04/12/12 Sold $351,838 -12.0% $148 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $400,000 +13.7% $168 / Sq Ft
01/01/2012 01/01/12 Off Market $351,838 -- --
07/01/2011 07/01/11 For Sale $400,000 +13.7% $168 / Sq Ft
07/01/2011 07/01/11 Off Market $351,838 -- --
06/17/2011 06/17/11 Price Changed $400,000 -11.1% $168 / Sq Ft
04/24/2011 04/24/11 Price Changed $450,000 -6.3% $189 / Sq Ft
04/08/2011 04/08/11 Price Changed $480,000 -4.0% $202 / Sq Ft
03/01/2011 03/01/11 Price Changed $499,950 -3.9% $210 / Sq Ft
02/02/2011 02/02/11 For Sale $520,000 -- $219 / 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 $5,507 $489,833 $0 $0
2024 $5,243 $465,800 $295,400 $170,400
2023 $4,727 $454,967 $0 $0
2022 $4,826 $444,133 $0 $0
2021 $4,694 $433,300 $295,400 $137,900
2020 $4,694 $429,933 $0 $0
2019 $4,677 $426,567 $0 $0
2018 $4,628 $423,200 $295,400 $127,800
2017 $4,689 $423,200 $0 $0
2016 -- $423,200 $0 $0
2015 $6,003 $425,600 $0 $0
2014 $6,003 $425,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004290038

Bright MLS

APN: 02-037238