NOT LISTED FOR SALE

2621 Jamaica Point Rd Trappe, MD 21673

Estimated Value: $1,876,000 - $7,597,000

5 Beds
3.5 Baths
5,268 Sq Ft
$871/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $4,800,000 $911 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $28,056/month

Highlights

  • 1,000 Feet of Waterfront
  • Pier
  • Private Beach
  • 2 Dock Slips
  • Guest House
  • Barn or Stable

About This Home

As of June 2017

'Cherry Grove' Historic property with caretakers house, barn/stable, guest house, 4-car garage, tennis court, swimming pool, dock with approx. 5' MLW. Large screened porch. Broad water views. Two parcels: 2621 Jamaica Point and Map 59, Parcel 138 totaling 115.31 acres.

Last Listed By

Schuyler Benson

Benson & Mangold, LLC Listed on: 05/24/2017

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,498

Year Built

  • Built in 1900

Lot Details

  • 51.32 Acre Lot
  • 1,000 Feet of Waterfront
  • Private Beach
  • East Facing Home
  • Partially Fenced Property
  • Landscaped
  • The property's topography is level, ravine, high bank
  • Wooded Lot
  • Property is zoned A2

Parking

  • 4 Car Detached Garage

Property Views

  • River
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • 3 Fireplaces
  • Combination Kitchen and Living
  • Dining Area
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Improved Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • In Ground Pool
  • Pier
  • Water Oriented
  • River Nearby
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Tennis Courts
  • Screened Patio
  • Office or Studio
  • Shed
  • Tenant House
  • Wrap Around Porch

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Guest House
  • Barn or Stable

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2103115712

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,498

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1900
  • Remarks Public: 'Cherry Grove' Historic property with caretakers house, barn/stable, guest house, 4-car garage, tennis court, swimming pool, dock with approx. 5' MLW. Large screened porch. Broad water views. Two parcels: 2621 Jamaica Point and Map 59, Parcel 138 totaling 115.31 acres.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Dining Area
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Full, Improved
  • Living Area Units: Square Feet
  • Street Number Modifier: 2621

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Barn/Stable, Guest House, Office/Studio, Shed, Tenant House
  • Other Structures List: Barn/Stable, Guest House, Office/Studio, Shed, Tenant House
  • Construction Materials: Wood Siding
  • Dock Type: Pier (Perpendicular)
  • Exterior Features: Tennis Court(s), Private Beach
  • Pool Features: In Ground
  • Pool Private: Yes
  • Road Surface Type: Gravel
  • View: River, Scenic Vista
  • View: Yes
  • Water Access: No
  • Water Body Name: CHOPTANK RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 1000

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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

Schools

  • School District: TALBOT COUNTY PUBLIC SCHOOLS
  • School District Key: 121138072466

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 1513600.00
  • Land Assessed Value: 1781400.00
  • Lot Features: Landscaping, Trees/Wooded
  • Lot Size Acres: 51.32
  • Lot Size Area: 2235499
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2235499.00
  • Outdoor Living Structures: Patio(s), Porch(es), Screened, Wrap Around
  • Property Attached Yn: No
  • Topography: Level, Ravine, High Bank
  • Year Assessed: 2017
  • Zoning: A2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5296015
  • Tax Annual Amount: 22498.26
  • Assessor Parcel Number: 2103115712
  • Tax Total Finished Sq Ft: 11120
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 06/29/2017

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 4
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2017
Closed on
Jun 29, 2017
Sold by
Sullivan Michael D and Garner Jamie H
Bought by
Trappe Investments Llc
Seller's Agent
Schuyler Benson
Benson & Mangold, LLC
Buyer's Agent
Schuyler Benson
Benson & Mangold, LLC
List Price
$4,800,000
Sold Price
$4,800,000
Total Days on Market
0
Current Estimated Value
$4,589,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$210,844
Avg. Annual Appreciation
-0.17%

Purchase Details

Closed on
Jan 13, 2004
Sold by
Lynx Development Associates Inc
Bought by
Sullivan Michael D and Garner Jamie H

Purchase Details

Closed on
Mar 2, 1992
Sold by
Ware Jesse P and Ware Leslie W
Bought by
Lynx Development Associates, Inc.

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
8.83%

Purchase Details

Closed on
Jan 8, 1986
Sold by
Pyles David L
Bought by
Ware Jesse P and Ware Leslie W

Range of Values:

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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 $4,800,000 Eastern Shore Title Co
Sullivan Michael D $4,000,000 --
Lynx Development Associates, Inc. $2,900,000 --
Ware Jesse P $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Delmarva Power & Light Company $0
Previous Owner Sullivan Michael D $400,000
Previous Owner Lynx Development Associates, Inc. $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2017 06/29/17 Sold $4,800,000 0.0% $911 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $4,800,000 -- $911 / 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 $31,355 $3,476,133 $0 $0
2023 $27,404 $3,203,400 $1,379,400 $1,824,000
2022 $24,997 $3,145,000 $0 $0
2021 $23,758 $3,086,600 $0 $0
2020 $22,734 $3,028,200 $1,379,400 $1,648,800
2019 $22,734 $3,028,200 $1,379,400 $1,648,800
2018 $21,986 $3,028,200 $1,379,400 $1,648,800
2017 $17,261 $3,295,000 $0 $0
2016 $16,324 $3,295,000 $0 $0
2015 $13,501 $3,295,100 $0 $0
2014 $13,501 $3,181,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Schuyler Benson

    Seller's Agent in 2017

    Schuyler Benson

    Benson & Mangold, LLC

    (410) 310-3251

    29 Total Sales

    Schuyler Benson
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Map

Source: Bright MLS

MLS Number: 1004343429

Bright MLS

APN: 03-115712

Maryland Talbot County Trappe 21673

2621 Jamaica Point Rd, Trappe, MD

Homes for Sale in Trappe, MD

This home is located at 2621 Jamaica Point Rd, Trappe, MD 21673 since 24 May 2017 and is currently estimated at $4,589,156, approximately $871 per square foot. This property was built in 1900. 2621 Jamaica Point Rd is a home located in Talbot County with nearby schools including White Marsh Elementary School, Easton Middle School, and Easton High School.

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