NOT LISTED FOR SALE

3004 Bennett Point Rd Queenstown, MD 21658

Estimated Value: $1,234,000 - $1,633,000

19 Acres
$78,698 Price per Acre
815,008 Sq Ft Lot

Last Sold July 13, 2023

Last sale price $1,320,000

Est. 12% increase in value since last sale

Current estimated payment $8,980/month

125 Days on Market

Highlights

  • 725 Feet of Waterfront
  • Sandy Beach
  • 18.71 Acre Lot
  • Grasonville Elementary School Rated A-
  • Fishing Allowed
  • No HOA

About This Lot

As of July 2023

****OUTSTANDING OPPORTUNITY, BELOW APPRAISAL****
Seller has located next opportunity. Tremendous value in this "Done-for-You", Ready to Build, Estate property.

**Please do not drive onto the lot without an appointment. Have your agent make appointment or contact listing agent directly.*** Same Listing as Residential MDQA 2004614.
Ideally located on Maryland's Mid- Eastern Shore. **LAST LARGE ESTATE LOT/ PARCEL** on Bennett Point which remains a premier address. This lot features expansive West /Southwesterly views of Eastern Bay from the entrance to the Miles River to Kent Island, Narrows and beyond. At 18.7 Acres you will enter a very private Estate down the long drive passing horses and planted fields, a true country feel, yet convenient to Washinton, DC, Wilmington, Annapolis, Easton, St. Michaels, airports, eateries and shopping. Live in and manage construction of your new home from the comfortable carriage house. A site specific main house plan by a well-recognized Annapolis Architect is available if you choose. No builder or architect tie-in unless using his plan. Most of the Development Work is already done. Including Lengthy driveway with entry feature, and tree lined, Approved, cleared, level home site, mitigation plantings installed, a 5 Bedroom BAT septic system and deep well, underground electric to the Carriage house, garage, with a 2 bedroom, 1 bath apartment (expandable up to 3/2). Approvals for additional well and 2 Bedroom Mound septic system. Site total 7 BR's. Pier Permit at county for pick-up. Shoreline stone edging permits awaiting signatures and issue. The above mentioned is important because it all takes lots of time! This lot only requires submission and approval by the county of a Final Building Footprint and Building Plans for a building permit. The Main House construction cost is not included. Check out the You-Tube Video of this property by searching the address. ** HORSES WELCOME**

Last Listed By

Clark Bowman

Bowman Real Estate And Development, LLC License #325827 Listed on: 02/16/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,228

Year Built

  • 2019

Lot Details

  • 18.71 Acre Lot
  • 725 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Property is zoned CS

Utilities

  • Underground Utilities
  • Well
  • On Site Septic
  • Perc Approved Septic

Listing and Financial Details

  • Assessor Parcel Number 1805039746

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Swimming Allowed
  • Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$7,228

Year Built

2019

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0
  • Year Built (Public Record): 2019

Interior Features

  • Price Per Sq Ft: 1.84
  • Street Number Modifier: 3004

Exterior Features

  • Construction Completed: No
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: No
  • Water Frontage In Feet: 725

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: Underground
  • Sewer/Septic System: On Site Septic, Perc Approved Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137777627
  • School District Source: Listing Agent

Lot Info

  • Wooded Acres: 6.00
  • Additional Parcels: No
  • Land Use Code: A
  • Lot Size Acres: 18.71
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 815008.00
  • Perc Sites: 2
  • Perc Type: Approved
  • Year Assessed: 2023
  • Zoning: CS
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7228.00
  • Assessor Parcel Number: 1805039746
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 07/13/2023

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Bowman Clark W
Bought by
3004 Bennett Point Road Llc
Total Days on Market
125
Current Estimated Value
$1,472,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2019
Sold by
Bowman Horace L and Bowman Yasuko
Bought by
Bowman Clark W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 23, 1991
Sold by
Tradewinds Square, Ltd
Bought by
Bowman Horace L and Bowman Yasuko

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
3004 Bennett Point Road Llc -- Newlyn Ttl Assurance Co Inc
Bowman Clark W $250,000 Dunns Title & Escrow Inc
Bowman Horace L $246,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 3004 Bennett Point Road Llc $650,000
Previous Owner Bowman Clark W $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $1,320,000 0.0% --
07/13/2023 07/13/23 Sold $1,320,000 -11.9% $833 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/21/2023 06/21/23 Pending -- -- --
06/19/2023 06/19/23 Price Changed $1,499,000 0.0% --
06/19/2023 06/19/23 Price Changed $1,499,000 -3.2% $946 / Sq Ft
06/12/2023 06/12/23 Price Changed $1,549,000 0.0% --
06/12/2023 06/12/23 Price Changed $1,549,000 -8.6% $978 / Sq Ft
06/09/2023 06/09/23 For Sale $1,695,000 0.0% $1,070 / Sq Ft
06/09/2023 06/09/23 For Sale $1,695,000 +28.4% --
06/02/2023 06/02/23 Off Market $1,320,000 -- --
06/02/2023 06/02/23 Off Market $1,320,000 -- --
05/15/2023 05/15/23 Price Changed $1,695,000 0.0% --
05/15/2023 05/15/23 Price Changed $1,695,000 -5.6% $1,070 / Sq Ft
04/14/2023 04/14/23 Price Changed $1,795,000 0.0% --
04/14/2023 04/14/23 Price Changed $1,795,000 -5.3% $1,133 / Sq Ft
03/24/2023 03/24/23 Price Changed $1,895,000 0.0% --
03/24/2023 03/24/23 Price Changed $1,895,000 -5.0% $1,196 / Sq Ft
03/13/2023 03/13/23 Price Changed $1,995,000 0.0% --
03/13/2023 03/13/23 Price Changed $1,995,000 -5.0% $1,259 / Sq Ft
03/03/2023 03/03/23 Price Changed $2,099,000 0.0% --
03/03/2023 03/03/23 Price Changed $2,099,000 -4.5% $1,325 / Sq Ft
02/16/2023 02/16/23 Price Changed $2,199,000 0.0% $1,388 / Sq Ft
02/16/2023 02/16/23 For Sale $2,199,000 -12.0% --
01/27/2023 01/27/23 Price Changed $2,499,000 -2.0% $1,578 / Sq Ft
01/11/2023 01/11/23 Price Changed $2,549,000 -1.9% $1,609 / Sq Ft
12/23/2022 12/23/22 For Sale $2,599,000 -- $1,641 / 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 $9,330 $984,100 $731,800 $252,300
2023 $8,309 $875,700 $0 $0
2022 $7,288 $767,300 $0 $0
2021 $6,380 $658,900 $511,800 $147,100
2020 $6,380 $658,900 $511,800 $147,100
2019 $5,054 $527,000 $495,800 $31,200
2018 $373 $38,900 $7,700 $31,200
2017 $373 $38,900 $0 $0
2016 -- $38,900 $0 $0
2015 $480 $38,900 $0 $0
2014 $480 $38,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA2005774

Bright MLS

APN: 05-039746