NOT LISTED FOR SALE

23225 Royal Oak Rd Quantico, MD 21856

Estimated Value: $635,000 - $907,000

3 Beds
2.5 Baths
2,034 Sq Ft
$384/Sq Ft Est. Value

Last Sold April 06, 2020

Last sale price $700,000 $344 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,426/month

373 Days on Market

Highlights

  • Access to Tidal Water
  • Stables
  • Fishing Allowed
  • Barn
  • Spa
  • View of Trees or Woods

About This Home

As of April 2020

Rare opportunity to own this unique waterfront equestrian farm! Originally purchased in 2000 as an old corn farm with small workshop; this property has been transformed into the Equestrian facility by the current owners. It has been improved with barns, paddocks, shelters, white vinyl fencing and paved roads. Imagine the opportunity this property offers with 2 elite barns, fenced pasture, 5 run-ins, 2 wells, 2 septics, paved roads/driveways and so much more! This rural estate borders Peter's Creek and features private pond. Barn 1 features overhead door, tack room, isolation stall, 6 stalls w electric and water and Barn Mate floor. Barn 2 is Morton Building with 2nd level for potential to be used as finished space or hay loft. Barn 2 main level features office, full bath, laundry facility, 12x12 wash stall with hot and cold water, 11 stalls, cameras in 6 stalls and water/sewer. All pastures have water. Approximately 20 acres of wooded area. Home features hardwood floors, stainless steel appliances and new granite countertops. Your opportunity awaits to use this farm for pleasure, business or both!

Last Agent to Sell the Property

Rebecca Lewis

(443) 735-1263 rebecca.lewis@c21harborrealty.com Century 21 Harbor Realty License #0225266097 Listed on: 01/28/2019

Century 21 Harbor Realty

Last Buyer's Agent

Christine Nibblett

(443) 944-3508 cnibblett@gmail.com.com Keller Williams Realty License #RS-0024980

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,459

Year Built

  • Built in 1981

Lot Details

  • 47.91 Acre Lot
  • Waterfront
  • Creek or Stream
  • Hunting Land
  • Vinyl Fence
  • Property is zoned AR

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Property Views

  • Pond
  • Woods
  • Pasture
  • Creek or Stream

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,034 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Stove
  • Wood Burning Fireplace
  • French Doors
  • Sliding Doors
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Outdoor Features

  • Spa
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Patio
  • Porch

Location

  • Property is near creek

Schools

  • Westside Elementary School
  • Salisbury Middle School
  • James M. Bennett High School

Farming

  • Barn
  • Horse Farm

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks
  • Stables

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Leased Water Conditioner
  • Septic Tank

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 49
  • Assessor Parcel Number 03-007707

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,459

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: round pens; tractor; gator; (negotiable )
  • Home Warranty: Yes
  • Inclusions: 5 Run-ins; gas tank; diesel tank
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Dryer - Electric, Refrigerator, Washer, Water Conditioner - Rented, Oven - Wall, Stainless Steel Appliances
  • Flooring Type: Wood, Vinyl, Tile/Brick, Carpet
  • Interior Amenities: Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Stove - Wood, Wood Floors, Upgraded Countertops
  • Other Equipment: Negotiable
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Sun/Florida Room, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2034
  • Living Area Sq Ft: 2034
  • Price Per Sq Ft: 368.68
  • Above Grade Finished Sq Ft: 2034
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn, Barn/Stable
  • Construction Materials: Stick Built, Vinyl Siding, Brick
  • Exterior Features: Hot Tub
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • View: Creek/Stream, Pasture, Pond, Trees/Woods
  • Water Access Features: Canoe/Kayak, Fishing Allowed
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Electric Available
  • Water Source: Well
  • Municipal Trash: No

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

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: WESTSIDE
  • High School: JAMES M. BENNETT
  • Middle Or Junior School: SALISBURY

Lot Info

  • Horses: Yes
  • Additional Parcels: No
  • Crops Included: No
  • Farm Features: Hunting
  • Farm Land Area Units: Acres
  • Farm Operation: Horse
  • Fencing: Vinyl
  • Horse Amenities: Horses Allowed, Stable(s), Paddock
  • Lot Size Acres: 47.91
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2086960.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning: AR
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5328457
  • Tax Annual Amount: 3459.00
  • Assessor Parcel Number: 03-007707
  • Tax Lot: 49
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2019
Closed on
Apr 6, 2020
Sold by
Morris Wayne L and Morris Juanita M
Bought by
Royal Oak Partners Llc
Seller's Agent
Rebecca Lewis
Century 21 Harbor Realty
Buyer's Agent
Christine Nibblett
Keller Williams Realty
List Price
$975,000
Sold Price
$700,000
Premium/Discount to List
-$275,000
-28.21%
Current Estimated Value
$781,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,671
Avg. Annual Appreciation
1.94%

Purchase Details

Closed on
Nov 3, 2000
Sold by
Murphy Reginald F and Murphy Mildred A
Bought by
Morris Wayne L and Morris Juanita

Purchase Details

Closed on
Feb 21, 1978
Sold by
Hearne Hearne H and Hearne Ida B
Bought by
Murphy Reginald F and Murphy Mildred A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
9.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Royal Oak Partners Llc $700,000 None Available
Morris Wayne L $325,000 --
Murphy Reginald F $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Reginald F $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2020 04/06/20 Sold $700,000 -6.7% $344 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
11/06/2019 11/06/19 Price Changed $749,900 -6.3% $369 / Sq Ft
10/07/2019 10/07/19 Price Changed $799,900 -8.6% $393 / Sq Ft
09/03/2019 09/03/19 Price Changed $875,000 -7.4% $430 / Sq Ft
06/24/2019 06/24/19 Price Changed $945,000 -3.1% $465 / Sq Ft
01/28/2019 01/28/19 For Sale $975,000 -- $479 / 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 $3,964 $446,500 $0 $0
2024 $3,909 $414,400 $0 $0
2023 $3,780 $382,300 $76,600 $305,700
2022 $3,734 $365,033 $0 $0
2021 $3,529 $347,767 $0 $0
2020 $3,468 $330,500 $76,600 $253,900
2019 $3,459 $330,500 $76,600 $253,900
2018 $3,611 $330,500 $76,600 $253,900
2017 $3,651 $337,600 $0 $0
2016 -- $337,600 $0 $0
2015 $3,956 $337,600 $0 $0
2014 $3,956 $349,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC101604

Bright MLS

APN: 03-007707