NOT LISTED FOR SALE

2382 Chancellor Point Rd Trappe, MD 21673

Estimated Value: $515,000 - $1,942,000

3 Beds
2.5 Baths
2,441 Sq Ft
$426/Sq Ft Est. Value

Last Sold December 17, 2015

Last sale price $2,800,808 $1,147 Per Sq Ft

Current estimated payment $6,123/month

366 Days on Market

Highlights

  • 5,000 Feet of Waterfront
  • Barn
  • 225 Acre Lot
  • Pier
  • Home fronts a creek
  • Traditional Floor Plan

About This Home

As of December 2015

'IRON MINE FARM' is located near the headwaters of Bolingbroke Creek w/ over 5000' of tidal waterfront. Maintained & improved to enhance the abundance of wildlife. 45+ acres of restored wetland habitat and floodable impoundments. Improved by 3 structures, new home built in 2003, multi purpose barn w/ workshop, four stall stable, tractor bays and hayloft.

Last Listed By

Schuyler Benson

Benson & Mangold, LLC Listed on: 09/24/2014

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,839

Year Built

  • Built in 2003

Lot Details

  • 225 Acre Lot
  • Home fronts a creek
  • 5,000 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Property is zoned A2

Parking

  • Off-Street Parking

Home Design

  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Living Room
  • Dining Room
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom

Outdoor Features

  • Pier
  • Water Access
  • Physical Dock Slip Conveys
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Trappe Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 2103112195

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,839

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2003
  • Remarks Public: 'IRON MINE FARM' is located near the headwaters of Bolingbroke Creek w/ over 5000' of tidal waterfront. Maintained & improved to enhance the abundance of wildlife. 45+ acres of restored wetland habitat and floodable impoundments. Improved by 3 structures, new home built in 2003, multi purpose barn w/ workshop, four stall stable, tractor bays and hayloft.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 2382

Beds/Baths

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

Exterior Features

  • Other Structures List: Barn
  • Construction Materials: Cedar
  • Dock Type: Pier (Perpendicular)
  • View: Water
  • Water Access: Yes
  • Water Body Name: BOLINGBROKE CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 5000

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 331600.00
  • Land Assessed Value: 112700.00
  • Lot Size Acres: 225.00
  • Lot Size Area: 9801000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9801000.00
  • Year Assessed: 2014
  • Zoning: A2

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 4

Tax Info

  • Tax Annual Amount: 2839.00
  • Assessor Parcel Number: 2103112195
  • Tax Lot: 6
  • Tax Page Number: 974
  • Tax Year: 2014
  • Close Date: 12/17/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2014
Closed on
Dec 17, 2015
Sold by
Sullivan Michael D
Bought by
Trappe Investments Llc
Seller's Agent
Schuyler Benson
Benson & Mangold, LLC
Buyer's Agent
Schuyler Benson
Benson & Mangold, LLC
List Price
$3,250,000
Sold Price
$2,800,808
Premium/Discount to List
-$449,192
-13.82%
Total Days on Market
366
Current Estimated Value
$1,038,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,762,048
Avg. Annual Appreciation
-9.17%

Purchase Details

Closed on
Feb 27, 2001
Sold by
Vanfossan Robert L
Bought by
Bower Alice R and Bower Trustee

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
Trappe Investments Llc $2,800,808 Eastern Shore Title Company
Bower Alice R $1,775,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2015 12/17/15 Sold $2,800,808 0.0% $1,147 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
09/21/2015 09/21/15 Off Market $2,800,808 -- --
09/24/2014 09/24/14 For Sale $3,250,000 -- $1,331 / 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
2024 $4,373 $481,867 $0 $0
2023 $3,777 $438,400 $89,200 $349,200
2022 $3,427 $427,700 $0 $0
2021 $3,237 $417,000 $0 $0
2020 $3,078 $406,300 $89,200 $317,100
2019 $3,138 $406,300 $89,200 $317,100
2018 $3,333 $456,400 $0 $0
2017 $3,155 $453,400 $0 $0
2016 $2,938 $450,367 $0 $0
2015 $2,993 $447,333 $0 $0
2014 $2,993 $444,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003212580

Bright MLS

APN: 03-120570