NOT LISTED FOR SALE

23850 Ocean Gateway Mardela Springs, MD 21837

Estimated Value: $352,000 - $501,000

4 Beds
2 Baths
2,073 Sq Ft
$211/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $390,000 $188 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,534/month

Highlights

  • Private Pool
  • Cape Cod Architecture
  • No HOA
  • 3.17 Acre Lot
  • 1 Fireplace
  • 3 Garage Spaces | 2 Attached and 1 Detached

About This Home

As of January 2022

This Spacious home is gorgeous. Lots of closet space. Enjoy beautiful sunsets over the pasture that can be seen from the comfort of either living space or porch. An attached Garage that could hold two small cars, plus a detached garage that can be uses as a work shop or another car. Now let's get to the barn! The barn/garage has two stables, parking space, work space, a loft and more. There was at one time horses on the property that grazed the pasture. It leaves one to only imagine your pets running free in the pasture, your farm animals grazing as the sun rises and sets as you drink your coffee in the morning and wind down in the evening. Why stop there? Escape to your back yard pool, close your eyes and listen to the breeze and nature while you float in peace. Take a break from life on the back deck watching the stars at night. Come tour this amazing property as soon as possible before you miss the enchantment that lives here.

Last Agent to Sell the Property

Martinez Blake

(443) 978-0722 martinez.blake@cbrealty.com Coldwell Banker Realty License #RS-0038469 Listed on: 10/01/2021

Coldwell Banker Realty

Co-Listed By

Tanisha Taylor

(443) 735-3881 tanisha.taylor@cbrealty.com Coldwell Banker Realty

Last Buyer's Agent

Ronald Molock

(410) 603-6411 ronald.molock@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,099

Year Built

  • Built in 1977

Lot Details

  • 3.17 Acre Lot
  • Property is in very good condition
  • Property is zoned AR

Parking

  • 3 Garage Spaces | 2 Attached and 1 Detached
  • 10 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 2,073 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Crawl Space

Bedrooms and Bathrooms

Eco-Friendly Details

  • Home Energy Management
  • Solar owned by a third party

Pool

  • Private Pool

Utilities

  • Central Air
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01-012215

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,099

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-10-01
  • Federal Flood Zone: No
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This Spacious home is gorgeous. Lots of closet space. Enjoy beautiful sunsets over the pasture that can be seen from the comfort of either living space or porch. An attached Garage that could hold two small cars, plus a detached garage that can be uses as a work shop or another car. Now let's get to the barn! The barn/garage has two stables, parking space, work space, a loft and more. There was at one time horses on the property that grazed the pasture. It leaves one to only imagine your pets running free in the pasture, your farm animals grazing as the sun rises and sets as you drink your coffee in the morning and wind down in the evening. Why stop there? Escape to your back yard pool, close your eyes and listen to the breeze and nature while you float in peace. Take a break from life on the back deck watching the stars at night. Come tour this amazing property as soon as possible before you miss the enchantment that lives here.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2073
  • Living Area Sq Ft: 2073
  • Price Per Sq Ft: 197.30
  • Above Grade Finished Sq Ft: 2073
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23850

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 13
  • Type Of Parking: Attached Garage, Detached Garage, Driveway
  • Number of Spaces in Driveway: 10

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • School District Key: 121138751831
  • School District Source: Listing Agent

Green Features

  • Efficiency: Home Energy Management
  • Green Power: Pv Solar Array(s) Leased
  • Clean Green Assessed: No
  • Green Remarks: Solar system in place lease to own. $205.00 per month. Buyer and Buyer agent to confirm pricing and exact terms of lease.

Lot Info

  • Lot Size Acres: 3.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 138085.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: AR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5326001
  • Tax Annual Amount: 2099.00
  • Assessor Parcel Number: 01-012215
  • Tax Total Finished Sq Ft: 2073
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 01/28/2022

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2022
Sold by
Kone Amadou
Bought by
Kone Amadou and Kone Amy Margaret
Current Estimated Value
$438,105

Purchase Details

Listed on
Oct 1, 2021
Closed on
Mar 9, 2022
Sold by
Whitelock Robert N
Bought by
Kone Amadon
Seller's Agent
Martinez Blake
Coldwell Banker Realty
Buyer's Agent
Ronald Molock
Long & Foster Real Estate, Inc.
List Price
$409,000
Sold Price
$390,000
Premium/Discount to List
-$19,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$362,598
Interest Rate
3.76%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2007
Sold by
Lapin Stephanie H
Bought by
Whitelock Robert N and Whitelock Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,500
Interest Rate
5.81%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 12, 2007
Sold by
Lapin Stephanie H
Bought by
Whitelock Robert N and Whitelock Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,500
Interest Rate
5.81%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 28, 2000
Sold by
Bounds Joseph D and Bounds Shirley A
Bought by
Lapin Stephanie H and Whitelock Robert N

Purchase Details

Closed on
Dec 15, 1994
Sold by
Calloway Stephen C and Calloway Melba A
Bought by
Bounds Joseph D and Bounds Shirley A
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
Kone Amadou -- --
Kone Amadon $390,000 First American Title
Whitelock Robert N -- --
Whitelock Robert N -- --
Lapin Stephanie H $115,000 --
Bounds Joseph D $86,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kone Amadon $362,598
Previous Owner Whitelock Robert N $266,500
Previous Owner Whitelock Robert N $266,500
Closed Bounds Joseph D --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $390,000 -4.6% $188 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $409,000 -- $197 / 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 $2,541 $310,367 $0 $0
2024 $2,541 $258,733 $0 $0
2023 $2,107 $207,100 $38,400 $168,700
2022 $2,133 $203,467 $0 $0
2021 $2,093 $199,833 $0 $0
2020 $2,083 $196,200 $38,400 $157,800
2019 $2,000 $191,067 $0 $0
2018 $1,962 $185,933 $0 $0
2017 $1,983 $180,800 $0 $0
2016 -- $180,800 $0 $0
2015 $2,056 $180,800 $0 $0
2014 $2,056 $182,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2001596

Bright MLS

APN: 01-012215