NOT LISTED FOR SALE

3025 Bennett Point Rd Queenstown, MD 21658

Estimated Value: $1,706,000 - $2,274,694

3 Beds
2 Baths
2,611 Sq Ft
$763/Sq Ft Est. Value

Last Sold May 28, 2015

Last sale price $900,000 $345 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $13,125/month

30 Days on Market

Highlights

  • 550 Feet of Waterfront
  • 2 Dock Slips
  • Private Pool
  • Grasonville Elementary School Rated A-
  • Pier
  • Gourmet Kitchen

About This Home

As of May 2015

Great opportunity to own a property on the Wye River. Sun porch, two stone fireplaces, large kitchen with a center island. Sit on the patio and enjoy the scenic water views. Has a boat lift and rip-rapped shoreline. Did I mention this sits on over 5 acres of land. Sits back off the road for added privacy.

Last Agent to Sell the Property

Pamela Geib

Long & Foster Real Estate, Inc. License #578195 Listed on: 02/03/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jeannine Wayson

Coldwell Banker Realty License #611432

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,293

Year Built

  • Built in 1975

Lot Details

  • 5.19 Acre Lot
  • 550 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned NC-5

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Stone Siding
  • Cedar

Interior Spaces

  • Property has 1 Level
  • 2 Fireplaces
  • Wood Burning Stove
  • Combination Kitchen and Dining Room
  • Gourmet Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

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

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Bennett Point Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 1805021634

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,293

Year Built

Built in 1975

Lot Details

0

HOA Fees

$16 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1975
  • Remarks Public: Great opportunity to own a property on the Wye River. Sun porch, two stone fireplaces, large kitchen with a center island. Sit on the patio and enjoy the scenic water views. Has a boat lift and rip-rapped shoreline. Did I mention this sits on over 5 acres of land. Sits back off the road for added privacy.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Combination Kitchen/Dining, Dining Area
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Living Area Units: Square Feet
  • Street Number Modifier: 3025

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick, Stone, Cedar
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: WYE RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: No
  • Water Frontage In Feet: 550

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Baseboard, Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 195.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 429800.00
  • Land Assessed Value: 851900.00
  • Lot Size Acres: 5.19
  • Lot Size Area: 226076
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 226076.00
  • Year Assessed: 2014
  • Zoning: NC-5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4529894
  • Tax Annual Amount: 12292.78
  • Assessor Parcel Number: 1805021634
  • Tax Lot: 15
  • Tax Total Finished Sq Ft: 5406
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 05/28/2015

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 8
  • Waterfront Features: Private Dock Site, 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
Feb 3, 2015
Closed on
Apr 17, 2015
Sold by
Pnc Bank National Association
Bought by
Clemes George H and Clemes Kathleen B
Seller's Agent
Pamela Geib
Long & Foster Real Estate, Inc.
Buyer's Agent
Jeannine Wayson
Coldwell Banker Realty
List Price
$985,000
Sold Price
$900,000
Premium/Discount to List
-$85,000
-8.63%
Current Estimated Value
$2,175,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,275,075
Avg. Annual Appreciation
8.99%
Original Mortgage
$1,265,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 9, 2014
Sold by
Dore Thomas P and Devan Mark S
Bought by
Pnc Bank National Association

Purchase Details

Closed on
Mar 14, 2005
Sold by
Baxter Julian F and Baxter Sylvia
Bought by
O'Shea Timothy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 29, 1988
Sold by
Heath Donald F and Heath Jo Ann W
Bought by
Baxter Julian F and Baxter Sylvia
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
Clemes George H $900,000 Nationallink
Pnc Bank National Association $1,001,518 None Available
O'Shea Timothy S $1,650,000 --
Baxter Julian F $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clemes George H $267,000
Closed Clemes George H $400,000
Closed Clemes Kathleen $547,900
Previous Owner Clemes George H $1,265,000
Previous Owner Oshea Timothy S $277,717
Previous Owner O'Shea Timothy S $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Sold $900,000 -8.6% $345 / Sq Ft
03/05/2015 03/05/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $985,000 -- $377 / 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 $13,163 $1,391,000 $800,900 $590,100
2023 $12,941 $1,367,400 $0 $0
2022 $12,719 $1,343,800 $0 $0
2021 $12,722 $1,320,200 $700,900 $619,300
2020 $12,722 $1,320,200 $700,900 $619,300
2019 $12,722 $1,320,200 $700,900 $619,300
2018 $12,939 $1,342,800 $751,900 $590,900
2017 $12,811 $1,329,433 $0 $0
2016 -- $1,316,067 $0 $0
2015 $6,138 $1,281,700 $0 $0
2014 $6,138 $1,281,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002533340

Bright MLS

APN: 05-021634