NOT LISTED FOR SALE

308 Narrows Pointe Dr Unit 2-1 Grasonville, MD 21638

Kent Narrows Neighborhood

Estimated Value: $1,246,000 - $1,345,000

3 Beds
3.5 Baths
2,600 Sq Ft
$599/mo HOA Fee

Last Sold July 26, 2018

Last sale price $735,000 $283 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $8,211/month

Highlights

  • Pier or Dock
  • Water Oriented
  • Gated Community
  • Grasonville Elementary School Rated A-
  • Gourmet Kitchen
  • Waterfront

About This Home

As of July 2018

Price Improvement! 3,000 sf luxury condominium in a secure gated community. Elevated and located at the waters edge with an expansive water view of the Chester River. Every bedroom has an adjoining bath. Other features include a theater room, granite countertops, cherry floors, 2 car garage and stone fireplace. Walk to boat slips, shops & restaurants in Kent Narrows. 1 yr home warranty included

Last Agent to Sell the Property

Jason Dey

(410) 858-8168 jasonrdey@gmail.com Kevin Dey Realty License #660980 Listed on: 03/14/2018

Last Buyer's Agent

Kevin Dey

(410) 827-6163 kevindeyrealty@gmail.com Kevin Dey Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,064

Year Built

  • Built in 2003

Lot Details

  • Waterfront
  • Property is in very good condition

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • 1 Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Water Views
  • Basement
  • Connecting Stairway

Kitchen

  • Gourmet Kitchen
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Water Oriented
  • River Nearby
  • Stream or River on Lot
  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1805048958

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, road maintenance, snow removal, trash, security gate
  • $499 Other Monthly Fees
  • Narrows Pointe Community
  • Narrows Pointe Subdivision
  • The community has rules related to commercial vehicles not allowed, covenants

Recreation

  • Pier or Dock

Pet Policy

  • Pets Allowed with Restrictions

Additional Features

  • Common Area
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,064

Year Built

Built in 2003

Lot Details

0

HOA Fees

$599 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 2003
  • Remarks Public: Price Improvement! 3,000 sf luxury condominium in a secure gated community. Elevated and located at the waters edge with an expansive water view of the Chester River. Every bedroom has an adjoining bath. Other features include a theater room, granite countertops, cherry floors, 2 car garage and stone fireplace. Walk to boat slips, shops & restaurants in Kent Narrows. 1 yr home warranty included
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Washer, Dryer, Oven - Wall, Oven - Double, Microwave, Refrigerator
  • Interior Amenities: Dining Area, Kitchen - Gourmet, Wood Floors, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Entry Location: Townhouse
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Study
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Living Area Units: Square Feet
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Price Per Sq Ft: 288.42
  • Above Grade Finished Sq Ft: 2600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 308

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Hardiplank Type, Stone
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access: No
  • Water Body Name: CHESTER RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

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
  • Cooling: Yes
  • Heating Fuel: Electric, Bottled Gas/Propane
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 499.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Gated Community, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Road Maintenance, Snow Removal, Trash, Security Gate
  • HOA Condo Co-Op Rules: Commercial Vehicles Prohibited, Covenants, Pets - Allowed, Restrictions
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 499.00
  • Other Fees Frequency: Monthly

Schools

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

Lot Info

  • Improvement Assessed Value: 433800.00
  • Land Assessed Value: 350000.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: WVC

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7064.09
  • Assessor Parcel Number: 1805048958
  • Tax Total Finished Sq Ft: 2600
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/26/2018

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2020
Sold by
Ruotolo Michael John and Ruotolo Megan E
Bought by
Zimmerman Richard James and Hudson Cindy Ann
Current Estimated Value
$1,307,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,200
Outstanding Balance
$559,331
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$747,914

Purchase Details

Listed on
Mar 14, 2018
Closed on
Jul 26, 2018
Sold by
Clise John J and Clise Diana Lynn
Bought by
Ruotolo Michael John and Thomas Ruotolo Megan E
Seller's Agent
Jason Dey
Kevin Dey Realty
Buyer's Agent
Kevin Dey
Kevin Dey Realty
List Price
$770,000
Sold Price
$735,000
Premium/Discount to List
-$35,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$588,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2017
Sold by
Barlett Raymond F and Barlett Theresa L
Bought by
Clise John J and Clise Diana Lynn

Purchase Details

Closed on
Apr 25, 2003
Sold by
Narrows Pointe Joint Venture Llc
Bought by
Bartlett Raymond F and Bartlett Theresa
Source: Public Records

Range of Values:

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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
Zimmerman Richard James $789,000 Bay East Title
Ruotolo Michael John $735,000 None Available
Clise John J $700,000 Progressive Title Corp
Bartlett Raymond F $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Richard James $631,200
Previous Owner Ruotolo Michael John $588,000
Closed Bartlett Raymond F --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2018 07/26/18 Sold $735,000 -2.0% $283 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
05/09/2018 05/09/18 Price Changed $749,900 -2.6% $288 / Sq Ft
03/14/2018 03/14/18 For Sale $770,000 -- $296 / 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 $9,074 $963,267 $0 $0
2024 $7,744 $822,100 $425,000 $397,100
2023 $7,462 $792,133 $0 $0
2022 $7,180 $762,167 $0 $0
2021 $7,023 $732,200 $350,000 $382,200
2020 $7,023 $732,200 $350,000 $382,200
2019 $7,023 $732,200 $350,000 $382,200
2018 $7,517 $783,800 $350,000 $433,800
2017 $6,482 $736,533 $0 $0
2016 -- $689,267 $0 $0
2015 $3,690 $642,000 $0 $0
2014 $3,690 $642,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000267076

Bright MLS

APN: 05-048958