NOT LISTED FOR SALE

25496 Chance Farm Rd Royal Oak, MD 21662

Estimated Value: $2,220,000 - $2,243,000

4 Beds
3.5 Baths
4,055 Sq Ft
$550/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $1,800,000 $444 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $13,154/month

12 Days on Market

Highlights

  • 3 Dock Slips
  • Boat or Launch Ramp
  • Sandy Beach
  • Pier
  • Home fronts navigable water
  • Private Pool

About This Home

As of June 2021

Waterfront in Royal Oak. This Colonial has everything on your wish list! Private setting, centrally located between Easton and St. Michaels, this home features 4 Bedrooms, Primary Bedroom on main level with huge walk-in closet and Bath with soaking tub and separate shower; 3 bedrooms, 2 full baths on second level with plenty of storage and an office. Large Family room with cathedral ceilings, brick fireplace, large kitchen with white cabinets, separate dining room, cozy den, huge sunroom with a wall of glass, green house porch, 2 car garage, generator, public sewer system. Property is 5+/- acres, mature landscaping, improved with an inground pool approx.. 40’ from the waters edge, boat launch area, sandy beach, small barn/shed, pier with 4.5’ MLW, boat lift. Expansive western view across Solitude Creek.

Last Agent to Sell the Property

Brian Gearhart

Benson & Mangold, LLC License #510143 Listed on: 05/07/2021

Benson & Mangold, LLC

Last Buyer's Agent

Michael Dillon

Benson & Mangold, LLC License #652435

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,153

Year Built

  • Built in 1980

Lot Details

  • 5 Acre Lot
  • Home fronts navigable water
  • Sandy Beach
  • Creek or Stream
  • Property is in very good condition
  • Property is zoned REASIDENTIAL

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,055 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Brick Fireplace
  • Formal Dining Room
  • Den
  • Storage Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Grab Bars

Outdoor Features

  • Private Pool
  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Waterski or Wakeboard
  • Limited Hours Of Personal Watercraft Operation
  • Rip-Rap
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • Boat or Launch Ramp
  • Boat Ramp
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Powered Boats Permitted
  • Pole Barn

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Vented Exhaust Fan
  • Well
  • Oil Water Heater
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 2102103346

Community Details

Overview

  • No Home Owners Association
  • Royal Oak Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,153

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Grab Bars Mod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Remarks Public: Waterfront in Royal Oak. This Colonial has everything on your wish list! Private setting, centrally located between Easton and St. Michaels, this home features 4 Bedrooms, Primary Bedroom on main level with huge walk-in closet and Bath with soaking tub and separate shower; 3 bedrooms, 2 full baths on second level with plenty of storage and an office. Large Family room with cathedral ceilings, brick fireplace, large kitchen with white cabinets, separate dining room, cozy den, huge sunroom with a wall of glass, green house porch, 2 car garage, generator, public sewer system. Property is 5+/- acres, mature landscaping, improved with an inground pool approx.. 40’ from the waters edge, boat launch area, sandy beach, small barn/shed, pier with 4.5’ MLW, boat lift. Expansive western view across Solitude Creek.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Dryer, Exhaust Fan, Oven - Single, Refrigerator, Washer
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Built-Ins, Breakfast Area, Carpet, Ceiling Fan(s), Crown Moldings, Entry Level Bedroom, Formal/Separate Dining Room, Recessed Lighting, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Office, Storage Room
  • Basement: No
  • Total Sq Ft: 4055
  • Living Area Sq Ft: 4055
  • Price Per Sq Ft: 467.32
  • Above Grade Finished Sq Ft: 4055
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 25496

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Pole Barn
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Limited Hours Of Personal Watercraft Operation (PWC), Private Access, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Solitude Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: Yes
  • Water View: No
  • Water Frontage In Feet: 4

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Oil
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well
  • Internet Services: Broadband

Condo/Co-op/Association

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

Schools

  • School District: TALBOT COUNTY PUBLIC SCHOOLS
  • School District Key: 121138072466
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 464800.00
  • Land Assessed Value: 687800.00
  • Land Use Code: 110
  • Lot Size Acres: 5.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 217800.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: REASIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5294038
  • Tax Annual Amount: 8153.00
  • Assessor Parcel Number: 2102103346
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 4055
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 06/30/2021

Multi Family

  • Waterfront Features: Rip-Rap, Private Dock Site, Boat/Launch Ramp, Sandy Beach

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 30, 2021
Sold by
Girard Matthew D and Residuary Trust Uw Of Lucien G
Bought by
Ricciardone Francis Joseph and Ricciardone Marie Dunn
Seller's Agent
Brian Gearhart
Benson & Mangold, LLC
Buyer's Agent
Michael Dillon
Benson & Mangold, LLC
List Price
$1,895,000
Sold Price
$1,800,000
Premium/Discount to List
-$95,000
-5.01%
Current Estimated Value
$2,230,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,775
Avg. Annual Appreciation
6.05%
Original Mortgage
$900,000
Outstanding Balance
$692,343
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,600,208

Purchase Details

Closed on
Apr 21, 2021
Sold by
Girard Madeline and Girard Matthew D
Bought by
Girard Madeline D and Girard Matthew D

Purchase Details

Closed on
Dec 8, 1998
Sold by
Tubman Richard A
Bought by
Girard Lucien
Source: Public Records

Range of Values:

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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
Ricciardone Francis Joseph $1,800,000 Eastern Shore Title Company
Girard Madeline D -- None Available
Girard Lucien $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricciardone Francis Joseph $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $1,800,000 -5.0% $444 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $1,895,000 -- $467 / 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 $11,993 $1,423,500 $724,000 $699,500
2024 $11,993 $1,333,200 $0 $0
2023 $10,599 $1,242,900 $0 $0
2022 $9,133 $1,152,600 $687,800 $464,800
2021 $9,015 $1,120,467 $0 $0
2020 $4,350 $1,088,333 $0 $0
2019 $4,283 $1,056,200 $630,500 $425,700
2018 $4,135 $1,056,200 $630,500 $425,700
2017 $3,942 $1,056,200 $0 $0
2016 $3,863 $1,111,900 $0 $0
2015 $3,622 $1,111,900 $0 $0
2014 $3,622 $1,111,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA141072

Bright MLS

APN: 02-103346