NOT LISTED FOR SALE

3018 Bennett Point Rd Queenstown, MD 21658

Estimated Value: $1,316,000 - $3,184,000

5 Acres
$439,484 Price per Acre
234,353 Sq Ft Lot

Last Sold June 29, 2018

Last sale price $700,000

Est. 238% increase in value since last sale

Current estimated payment $14,374/month

153 Days on Market

About This Lot

As of June 2018

Beautiful, rarely offered waterfront lot in Bennett Point. 5.38 acres woods and cleared land with updated perc this year as well as brand new rip rap completed early summer of 2017.Sunsets over Eastern Bay offer the perfect homesite. Lot also has a deeded access to a slip at the community pier (Slip #8). Just waiting for you to build your dream home!

Last Listed By

Michelle Abplanalp

Rosendale Realty License #516465 Listed on: 10/17/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,695

Year Built

  • 2019

Lot Details

  • 5.38 Acre Lot
  • 400 Feet of Waterfront
  • Home fronts navigable water
  • No Building Permits
  • Property is zoned NC-5

HOA Fees

  • $17 Monthly HOA Fees

Schools

  • Stevensville Middle School
  • Kent Island High School

Additional Features

  • Water Views
  • No Septic System

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 1805025575

Community Details

Overview

  • Bennett Point Subdivision

Recreation

  • Water Access
  • Property near a bay
  • Rip-Rap

Property Details

Property Type

Land

Est. Annual Taxes

$6,695

Year Built

2019

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Remarks Public: Beautiful, rarely offered waterfront lot in Bennett Point. 5.38 acres woods and cleared land with updated perc this year as well as brand new rip rap completed early summer of 2017.Sunsets over Eastern Bay offer the perfect homesite. Lot also has a deeded access to a slip at the community pier (Slip #8). Just waiting for you to build your dream home!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Interior Features

  • Basement: No
  • Price Per Sq Ft: 3.20
  • Street Number Modifier: 3018

Beds/Baths

  • Bedrooms Perc Count: 7

Exterior Features

  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: EASTERN BAY
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 400

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System

Condo/Co-op/Association

  • HOA Fees: 198.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • Middle School: STEVENSVILLE
  • High School: KENT ISLAND
  • School District Key: 121137777627
  • High School: KENT ISLAND
  • Middle Or Junior School: STEVENSVILLE

Lot Info

  • Improvement Assessed Value: 8000.00
  • Lot Size Acres: 5.38
  • Lot Size Area: 234353
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 234353.00
  • Perc Type: Approved
  • Possible Use: Residential
  • Year Assessed: 2017
  • Zoning: NC-5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4530215
  • Tax Annual Amount: 6695.05
  • Assessor Parcel Number: 1805025575
  • Tax Lot: 56
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 06/29/2018

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 3
  • Waterfront Features: Rip-Rap

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2017
Closed on
Jun 27, 2018
Sold by
Gannon Stephanie Jane and Gannon Thomas Nelson
Bought by
Daley Marsh Iii Robert Wesley and Daley Marsh Frances
Seller's Agent
Michelle Abplanalp
Rosendale Realty
Buyer's Agent
Mike Piasecki
Sassafras River Realty, Ltd.
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Total Days on Market
153
Current Estimated Value
$2,364,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,664,423
Avg. Annual Appreciation
19.07%
Original Mortgage
$1,040,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 6, 2013
Sold by
Gannon Pamela N and Gannon Thomas Nelson
Bought by
Gannon Stephanie Jane and Gannon Thomas Nelson

Purchase Details

Closed on
Dec 13, 1984
Sold by
Ronsaville Edwin W and Ronsaville Colleen C
Bought by
Gannon Thomas N and Gannon Pamela N

Purchase Details

Closed on
Feb 8, 1983
Sold by
Wye River Associates, Ltd
Bought by
Ronsaville Edwin W and Ronsaville Colleen C

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
Daley Marsh Iii Robert Wesley $700,000 None Available
Gannon Stephanie Jane -- None Available
Gannon Thomas N $90,000 --
Ronsaville Edwin W $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsh Robert Wesley $1,000,000
Closed Marsh Robert Wesley $1,050,000
Closed Daley Marsh Iii Robert Wesley $1,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $700,000 -6.7% --
03/19/2018 03/19/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $750,000 0.0% --
01/31/2018 01/31/18 Pending -- -- --
10/17/2017 10/17/17 For Sale $750,000 -- --
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 $14,221 $1,503,300 $801,900 $701,400
2023 $13,807 $1,459,367 $0 $0
2022 $13,393 $1,415,433 $0 $0
2021 $13,157 $1,371,500 $701,900 $669,600
2020 $13,157 $1,365,533 $0 $0
2019 $6,617 $689,900 $681,900 $8,000
2018 $6,635 $691,800 $683,800 $8,000
2017 $6,635 $691,800 $0 $0
2016 -- $691,800 $0 $0
2015 $10,540 $741,800 $0 $0
2014 $10,540 $741,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001815179

Bright MLS

APN: 05-025575