NOT LISTED FOR SALE

Estimated Value: $455,000 - $496,000

4 Beds
3 Baths
3,195 Sq Ft
$150/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $415,000 $130 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,780/month

24 Days on Market

Highlights

  • 180 Feet of Waterfront
  • Boat or Launch Ramp
  • Pond View
  • 1 Boat Dock
  • Public Water Access
  • Cape Cod Architecture

About This Home

As of September 2021

Price Improvement! This very large, beautifully updated home features 4 bedrooms, 3 full baths. The kitchen features wonderful leather finished counter tops with updated appliances. Enjoy the cozy remodeled sunroom or sit back on the large outside deck looking over the waterway. This home is so spacious that areas haven’t even been used yet! Walk down to your private dock and do a little relaxing or fishing. Come one come all this won’t last long!

Last Agent to Sell the Property

Brooks Morris

(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva License #644653 Listed on: 07/17/2021

Keller Williams Realty Delmarva

Last Buyer's Agent

Brooks Morris

(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva License #644653 Listed on: 07/17/2021

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,064

Year Built

  • Built in 1988

Lot Details

  • 0.48 Acre Lot
  • 180 Feet of Waterfront
  • Property is zoned R-20

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Cape Cod Architecture
  • Stick Built Home

Interior Spaces

  • 3,195 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Carpet
  • Pond Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Public Water Access
  • Property is near a pond
  • Boat or Launch Ramp
  • 1 Boat Dock
  • Dock made with Treated Lumber
  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Gravity Septic Field

Community Details

  • Chestnut Hills Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 05-067650

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,064

Year Built

Built in 1988

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Upgraded Countertops, Walk-In Closet(s), Water Treat System
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3195
  • Living Area Sq Ft: 3195
  • Price Per Sq Ft: 136.15
  • Above Grade Finished Sq Ft: 3195
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Outbuilding(s)
  • View: Pond
  • Water Access Features: Public Access
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 180

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 40.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.48
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21000.00
  • Zoning: R-20
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5336333
  • Tax Annual Amount: 3064.00
  • Assessor Parcel Number: 05-067650
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Boat/Launch Ramp

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Sep 27, 2021
Sold by
Luffman Richard L and Luffman Karen M
Bought by
Olney Stephen J and Olney Cynthia E
Seller's Agent
Brooks Morris
Keller Williams Realty Delmarva
Buyer's Agent
Brooks Morris
Keller Williams Realty Delmarva
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%
Current Estimated Value
$479,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,565
Avg. Annual Appreciation
3.34%
Original Mortgage
$394,250
Outstanding Balance
$359,519
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$120,046

Purchase Details

Listed on
Feb 20, 2018
Closed on
Jul 31, 2018
Sold by
Lambert Edward W and Lambert Sally S
Bought by
Luffman Richard L and Luffman Karen M
Seller's Agent
Darron Whitehead
Whitehead Real Estate Exec.
Buyer's Agent
Brooks Morris
Keller Williams Realty Delmarva
List Price
$329,900
Sold Price
$335,000
Premium/Discount to List
$5,100
1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$335,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Oct 16, 1987
Sold by
Riall Harold E and Riall Pansy E
Bought by
Lambert Edward W and Lambert Sally S
Source: Public Records
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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
Olney Stephen J $415,000 Atg Title Inc
Luffman Richard L $335,000 Bright Title & Settlement Se
Lambert Edward W $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olney Stephen J $394,250
Previous Owner Luffman Richard L $335,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2021 09/27/21 Sold $415,000 -4.6% $130 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
07/26/2021 07/26/21 Price Changed $435,000 -3.3% $136 / Sq Ft
07/17/2021 07/17/21 For Sale $450,000 +34.3% $141 / Sq Ft
07/06/2018 07/06/18 Sold $335,000 0.0% $105 / Sq Ft View Prior Sale
06/07/2018 06/07/18 Pending -- -- --
05/09/2018 05/09/18 Price Changed $335,000 +1.5% $105 / Sq Ft
05/01/2018 05/01/18 For Sale $329,900 0.0% $103 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $329,900 -- $103 / Sq Ft
Source: Bright MLS

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 $3,449 $396,800 $75,200 $321,600
2024 $3,437 $370,300 $0 $0
2023 $3,366 $343,800 $0 $0
2022 $3,293 $317,300 $75,200 $242,100
2021 $2,920 $294,400 $0 $0
2020 $2,860 $271,500 $0 $0
2019 $2,602 $248,600 $75,200 $173,400
2018 $2,553 $242,833 $0 $0
2017 $2,520 $237,067 $0 $0
2016 -- $231,300 $0 $0
2015 $2,143 $231,300 $0 $0
2014 $2,143 $231,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2000590

Bright MLS

APN: 05-067650

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