NOT LISTED FOR SALE

27345 Rest Cir Easton, MD 21601

Estimated Value: $1,670,000 - $2,167,000

1.66 Acres
$1,128,667 Price per Acre
72,310 Sq Ft Lot

Last Sold May 04, 2018

Last sale price $600,000 $353 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $10,608/month

Highlights

  • 120 Feet of Waterfront
  • Pier
  • Private Lot
  • 2 Dock Slips
  • 1.66 Acre Lot
  • Stream or River on Lot

About This Lot

As of May 2018

PRICE REDUCTION! 1.24 acre prime building lot featuring 120 feet of Miles River shoreline, partially rip rapped, new Bailey pier, 4+MLW, deep water. Stunning westerly sunset views! Mature trees on cleared lot. New foundation in place. Completed and permitted building plans in hand. 3 bedroom approved perc and town sewer hookup coming summer 2017.

Last Agent to Sell the Property

Ann Rosswork

(410) 829-9800 annrosswork1971@gmail.com Chesapeake Bay Real Estate Plus, LLC Listed on: 08/19/2016

Last Buyer's Agent

Paul Meredith

(410) 745-0415 paulmeredith3@gmail.com Benson & Mangold, LLC License #532781

Benson & Mangold, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,588

Lot Details

  • 1.66 Acre Lot
  • 120 Feet of Waterfront
  • West Facing Home
  • Private Lot
  • Cleared Lot
  • On-Hand Building Permits

Property Views

  • Water
  • Scenic Vista

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 2101031619

Community Details

Overview

  • No Home Owners Association
  • Rest Subdivision

Recreation

  • Pier
  • Water Oriented
  • River Nearby
  • Rip-Rap
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$5,588

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 9.67

Exterior Features

  • Dock Type: Pier (Perpendicular)
  • View: Water, Scenic Vista
  • View: Yes
  • Water Access: No
  • Water Body Name: MILES RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 120

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 121400.00
  • Lot Features: Rip-Rapped, Cleared, Private
  • Lot Size Acres: 1.66
  • Lot Size Area: 72310
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 72310.00
  • Perc Type: Approved
  • Possible Use: Residential
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5284474
  • Tax Annual Amount: 5588.35
  • Assessor Parcel Number: 2101031619
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Waterfront Features: Rip-Rap, Private Dock Site

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2022
Sold by
Sheehan Joseph M and Sheehan Ann L
Bought by
Joseph M Sheehan Jr Revocable Trust and Ann L Sheehan Revocable Trust
Current Estimated Value
$1,873,588

Purchase Details

Listed on
Aug 19, 2016
Closed on
May 4, 2018
Sold by
Miles River Holdings Llc
Bought by
Sheehan Joseph M and Sheehan Ann L
Seller's Agent
Ann Rosswork
Chesapeake Bay Real Estate Plus, LLC
Buyer's Agent
Paul Meredith
Benson & Mangold, LLC
List Price
$799,000
Sold Price
$600,000
Premium/Discount to List
-$199,000
-24.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.42%
Original Mortgage
$750,000
Interest Rate
4.45%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 21, 2012
Closed on
Jul 1, 2013
Sold by
Charlton W Dickerson
Bought by
Miles River Holdings Llc
Seller's Agent
Dirk Dekker
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
Dale Hanlon
Benson & Mangold, LLC
List Price
$875,000
Sold Price
$780,000
Premium/Discount to List
-$95,000
-10.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.28%

Purchase Details

Closed on
Sep 28, 2001
Sold by
Charlton Millard T
Bought by
Charlton W Dickerson
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Joseph M Sheehan Jr Revocable Trust -- None Listed On Document
Sheehan Joseph M $600,000 Eastern Shore Title Co
Miles River Holdings Llc $780,000 Eastern Shore Title Company
Charlton W Dickerson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheehan Joseph M $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2018 05/04/18 Sold $600,000 -14.2% $353 / Sq Ft
03/03/2018 03/03/18 Pending -- -- --
01/30/2018 01/30/18 Price Changed $699,000 -12.5% $411 / Sq Ft
09/01/2017 09/01/17 For Sale $799,000 +33.2% $470 / Sq Ft
08/19/2017 08/19/17 Off Market $600,000 -- --
08/19/2016 08/19/16 For Sale $899,000 +15.3% $529 / Sq Ft
07/01/2013 07/01/13 Sold $780,000 -10.9% $459 / Sq Ft View Prior Sale
05/19/2013 05/19/13 Pending -- -- --
02/03/2013 02/03/13 For Sale $875,000 +12.2% $515 / Sq Ft
01/19/2013 01/19/13 Off Market $780,000 -- --
03/21/2012 03/21/12 For Sale $875,000 -- $515 / 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 $9,609 $1,097,800 $0 $0
2024 $9,609 $1,073,500 $731,500 $342,000
2023 $8,893 $1,048,733 $0 $0
2022 $8,060 $1,023,967 $0 $0
2021 $7,613 $999,200 $665,000 $334,200
2020 $7,486 $999,200 $665,000 $334,200
2019 $7,482 $999,200 $665,000 $334,200
2018 $5,439 $755,400 $731,500 $23,900
2017 $5,039 $755,400 $0 $0
2016 $5,602 $755,400 $0 $0
2015 $6,313 $862,400 $0 $0
2014 $6,313 $862,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003265317

Bright MLS

APN: 01-031619