NOT LISTED FOR SALE

308 Mckay Rd Stevensville, MD 21666

Estimated Value: $503,000 - $714,000

4 Beds
2.5 Baths
2,833 Sq Ft
$214/Sq Ft Est. Value

Last Sold January 21, 2016

Last sale price $259,900 $92 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $3,597/month

27 Days on Market

Highlights

  • 0.34 Acre Lot
  • Colonial Architecture
  • Upgraded Countertops
  • Matapeake Elementary School Rated A-
  • Wood Flooring
  • Cooling System Utilizes Bottled Gas

About This Home

As of January 2016

Very nicely done colonial located in the water accessible community of Bay City. Open floor plan with some updates throughout. Large backyard with separate shed for storage.

Last Agent to Sell the Property

Jimmie Jennings

(301) 861-6492 jimmie.jennings@c21nm.com CENTURY 21 New Millennium License #SP98371877 Listed on: 09/30/2015

CENTURY 21 New Millennium

Last Buyer's Agent

Rick Parreco

(410) 703-4315 rick.parreco@gmail.com RE/MAX Executive

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,243

Year Built

  • Built in 1986

Lot Details

  • 0.34 Acre Lot
  • Property is zoned NC-20

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Utilities

  • Cooling System Utilizes Bottled Gas
  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Bay City Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 1804005767

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,243

Year Built

Built in 1986

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Refrigerator, Stove, Water Heater
  • Interior Amenities: Combination Kitchen/Dining, Upgraded Countertops, Primary Bath(s), Wood Floors
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane, Electric
  • Heating Type: Heat Pump(s), Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 125.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 15000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15000.00
  • Property Attached Yn: No
  • Zoning: NC-20

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3243.36
  • Assessor Parcel Number: 1804005767
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2015
Closed on
Jan 21, 2016
Sold by
Fannie Mae
Bought by
Mellinger Joseph J and Mellinger Megan M
Seller's Agent
Jimmie Jennings
CENTURY 21 New Millennium
Buyer's Agent
Rick Parreco
RE/MAX Executive
List Price
$259,900
Sold Price
$259,900
Current Estimated Value
$605,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,244
Avg. Annual Appreciation
8.93%
Original Mortgage
$291,830
Outstanding Balance
$243,066
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$362,078

Purchase Details

Closed on
May 3, 2013
Sold by
Sorrells Michael and Sorrells Leanne
Bought by
Federal National Mortagage

Purchase Details

Closed on
Jun 21, 2006
Sold by
Cohee John J
Bought by
Sorrells Michael and Sorrells Leanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,100
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2006
Sold by
Cohee John J
Bought by
Sorrells Michael and Sorrells Leanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,100
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mellinger Joseph J $255,000 First American Title Ins Co
Federal National Mortagage $395,100 None Available
Sorrells Michael $439,000 --
Sorrells Michael $439,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mellinger Joseph J $291,830
Previous Owner Sorrells Michael $395,100
Previous Owner Sorrells Michael $395,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2016 01/21/16 Sold $259,900 0.0% $92 / Sq Ft
10/27/2015 10/27/15 Pending -- -- --
10/24/2015 10/24/15 For Sale $259,900 0.0% $92 / Sq Ft
10/10/2015 10/10/15 Pending -- -- --
09/30/2015 09/30/15 For Sale $259,900 -- $92 / 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 $4,846 $514,433 $0 $0
2024 $4,414 $468,567 $0 $0
2023 $3,982 $422,700 $161,000 $261,700
2022 $3,935 $417,733 $0 $0
2021 $3,911 $412,767 $0 $0
2020 $3,911 $407,800 $161,000 $246,800
2019 $3,759 $391,967 $0 $0
2018 $3,607 $376,133 $0 $0
2017 $3,456 $360,300 $0 $0
2016 -- $349,233 $0 $0
2015 $1,644 $338,167 $0 $0
2014 $1,644 $327,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001032809

Bright MLS

APN: 04-005767