NOT LISTED FOR SALE

301 Houghton Lab Ln Queenstown, MD 21658

Estimated Value: $3,348,136 - $3,353,000

4 Beds
3 Baths
3,954 Sq Ft
$847/Sq Ft Est. Value

Last Sold June 08, 2017

Last sale price $1,125,000 $285 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $20,285/month

Highlights

  • 1,000 Feet of Waterfront
  • Fishing Allowed
  • Stream or River on Lot
  • Sandy Beach
  • 15.49 Acre Lot
  • Farmhouse Style Home

About This Home

As of June 2017

15.5 ACRES WITH FARM HOUSE ON THE WYE RIVER ACROSS FROM THE ASPEN INSTITUTE AND NATURAL RESOURCE MANAGEMENT AREAS. APPROXIMATELY 16 MILE LONG TRIBUTARY OF THE CHESAPEAKE BAY. POPULAR PLACE FOR BOATING AROUND DEEP WATER WYE ISLAND. RENOVATE EXISTING HOUSE OR BUILD YOUR DREAM ESTATE.

Last Agent to Sell the Property

Glenn Sutton

(410) 507-4370 gsutton@ttrsir.com TTR Sotheby's International Realty Listed on: 04/12/2017

TTR Sotheby's International Realty

Last Buyer's Agent

Mary Stevens

(410) 703-6048 mj.stevens@longandfoster.com Long & Foster Real Estate, Inc. License #300026

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,242

Year Built

  • Built in 1899

Lot Details

  • 15.49 Acre Lot
  • 1,000 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Property is zoned NC-5

Parking

  • Off-Street Parking

Home Design

  • Farmhouse Style Home
  • Combination Foundation
  • Wood Siding

Interior Spaces

  • 3,954 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Water Views
  • Basement
  • Exterior Basement Entry
  • Country Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Swimming Allowed
  • Stream or River on Lot

Schools

  • Centreville Middle School
  • Queen Anne's County High School

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 1805034205

Community Details

Overview

  • No Home Owners Association
  • Cheston On Wye Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,242

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1899
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Country
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Combination
  • Living Area Units: Square Feet
  • Total Sq Ft: 3954
  • Living Area Sq Ft: 3954
  • Price Per Sq Ft: 240.26
  • Above Grade Finished Sq Ft: 3954
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: WYE RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 1000

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • 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

  • High School: QUEEN ANNE'S COUNTY
  • Middle Or Junior School: CENTREVILLE

Lot Info

  • Improvement Assessed Value: 181700.00
  • Land Assessed Value: 879900.00
  • Lot Size Acres: 15.49
  • Lot Size Area: 674744
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 674744.00
  • Property Attached Yn: No
  • Zoning: NC-5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4530971
  • Tax Annual Amount: 10241.81
  • Assessor Parcel Number: 1805034205
  • Tax Lot: 23
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Dock Slip Conveyance: None Available
  • 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
Aug 15, 2018
Sold by
Neeley Gary W and Neeley Martha P
Bought by
Neeley Gary W and Neeley Martha P
Current Estimated Value
$3,350,568

Purchase Details

Listed on
Apr 12, 2017
Closed on
Jun 7, 2017
Sold by
Kearns Dennis M and Kearns Maureen M
Bought by
Neeley Gary W and Neeley Martha P
Seller's Agent
Glenn Sutton
TTR Sotheby's International Realty
Buyer's Agent
Mary Stevens
Long & Foster Real Estate, Inc.
List Price
$950,000
Sold Price
$1,125,000
Premium/Discount to List
$175,000
18.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%
Original Mortgage
$900,000
Interest Rate
4.05%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 4, 1991
Sold by
Hunter William T
Bought by
Kearns Robert W

Purchase Details

Closed on
May 24, 1989
Sold by
Hunter William T
Bought by
Hunter William T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
10.69%

Purchase Details

Closed on
Oct 11, 1984
Sold by
Cheston Ltd Partnership
Bought by
Hunter William T
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
Neeley Gary W -- Real Estate Title & Escrow L
Neeley Gary W $1,125,000 None Available
Kearns Robert W $600,000 --
Hunter William T $75,000 --
Hunter William T $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Neeley Gary W $900,000
Previous Owner Hunter William T $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2017 06/08/17 Sold $1,125,000 +18.4% $285 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $950,000 -- $240 / 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 $31,921 $3,387,133 $0 $0
2024 $30,904 $3,267,900 $1,169,900 $2,098,000
2023 $30,505 $3,238,367 $0 $0
2022 $30,347 $3,208,833 $0 $0
2021 $30,613 $3,179,300 $1,169,900 $2,009,400
2020 $8,199 $854,900 $854,900 $0
2019 $8,199 $854,900 $854,900 $0
2018 $8,247 $859,900 $859,900 $0
2017 $10,242 $1,061,600 $0 $0
2016 -- $1,061,600 $0 $0
2015 $15,264 $1,138,900 $0 $0
2014 $15,264 $1,138,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Glenn Sutton

    Seller's Agent in 2017

    Glenn Sutton

    TTR Sotheby's International Realty

    (410) 507-4370

    4 in this area

    43 Total Sales

    Glenn Sutton
    Section Image
  • Mary Stevens

    Buyer's Agent in 2017

    Mary Stevens

    Long & Foster

    (410) 703-6048

    5 in this area

    25 Total Sales

    Mary Stevens
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001036013

Bright MLS

APN: 05-034205

Maryland Queen Annes County Queenstown 21658

301 Houghton Lab Ln, Queenstown, MD

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