NOT LISTED FOR SALE

325 Wye Harbor Dr Queenstown, MD 21658

Estimated Value: $1,551,000 - $1,904,000

4 Beds
3.5 Baths
3,933 Sq Ft
$455/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $1,600,000 $407 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,528/month

4 Days on Market

Highlights

  • 470 Feet of Waterfront
  • 2 Dock Slips
  • Heated Pool and Spa
  • Grasonville Elementary School Rated A-
  • Access to Tidal Water
  • Gourmet Kitchen

About This Home

As of December 2021

Entertainers Delight! Fabulous Coastal Contemporary home situated on a point overlooking the Wye River. Featuring 4 bedrooms, 3.5 baths with inground pool & spa and deep water pier ( 5+ mlw). Spacious living and dining room with soaring vaulted ceilings, fireplace, hardwood floors and open floor plan. Designed for entertaining, the spacious gourmet kitchen boasts a large island and separate bar integrated into the waterside great room overlooking 2 decks and the pool. Large first floor primary bedroom suite featuring wood burning fireplace, sitting room and office/studio that opens to pool and luxurious primary bath. Second floor has ensuite primary bedroom with soaking tub, shower and dual vanities. Balcony overlooking the first floor, 2 additional bedrooms with a connected full bath round out the second floor. Oversized laundry room with additional storage and pantry, full basement with outside entrance, storage room and office and oversized 2 car garage. 2.2 acres with 470 +/- of shoreline.

Last Agent to Sell the Property

Kathy Christensen

(410) 924-4814 kccamb@gmail.com TTR Sotheby's International Realty License #602735 Listed on: 10/14/2021

TTR Sotheby's International Realty

Last Buyer's Agent

Courtney Chipouras

(410) 200-1224 courtney@mychesapeakehome.com TTR Sotheby's International Realty License #666505

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,302

Year Built

  • Built in 1988 | Remodeled in 2007

Lot Details

  • 2.2 Acre Lot
  • 470 Feet of Waterfront
  • Home fronts navigable water
  • Premium Lot
  • Property is in good condition
  • Property is zoned NC-1

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • River
  • Panoramic
  • Scenic Vista

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Poured Concrete
  • HardiePlank Type

Interior Spaces

  • 3,933 Sq Ft Home
  • Property has 1.5 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Wood Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Fireplace Mantel
  • Brick Fireplace
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Sun or Florida Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Oven
  • Cooktop with Range Hood
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Interior and Exterior Basement Entry
  • Sump Pump
  • Space For Rooms
  • Crawl Space
  • Basement Windows

Pool

  • Heated Pool and Spa
  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Access to Tidal Water
  • Private Water Access
  • River Nearby
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Composite Material
  • Stream or River on Lot
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Well
  • Electric Water Heater
  • Septic Equal To The Number Of Bedrooms
  • Septic Tank

Community Details

  • No Home Owners Association
  • Wye Harbor Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 1805035406

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,302

Year Built

Built in 1988 | Remodeled in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1988
  • Year Renovated: 2007
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Freezer, Icemaker, Built-In Microwave, Dishwasher, Dryer, Washer, Range Hood, Oven - Wall, Cooktop, Extra Refrigerator/Freezer
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Butlers Pantry, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Whirlpool/Hottub, Wood Floors
  • Window Features: Sliding
  • Fireplace Features: Brick, Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, Cathedral Ceilings, High, Dry Wall, Vaulted Ceilings, Wood Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 3, Bedroom 4, Kitchen, Basement, Foyer, Sun/Florida Room, Great Room, Laundry, Bathroom 3, Bonus Room, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Interior Access, Outside Entrance, Poured Concrete, Sump Pump, Space For Rooms, Windows
  • Laundry Type: Main Floor
  • Total Sq Ft: 3933
  • Living Area Sq Ft: 3933
  • Price Per Sq Ft: 380.12
  • Above Grade Finished Sq Ft: 3933
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Pool Features: Concrete, Heated, In Ground, Pool/Spa Combo
  • Spa Features: Heated, Private
  • Spa: Yes
  • View: River, Scenic Vista, Panoramic, Water
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Wye River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 470

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Circular Driveway
  • Garage Features: Additional Storage Area, Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank, Septic = # Of Br
  • Utilities: Electric Available, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 537900.00
  • Land Assessed Value: 530000.00
  • Lot Features: Premium
  • Lot Size Acres: 2.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 95832.00
  • Property Condition: Good
  • Zoning: NC-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4531076
  • Tax Annual Amount: 10302.00
  • Assessor Parcel Number: 1805035406
  • Tax Lot: 15
  • Tax Page Number: 955
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Dec 1, 2021
Sold by
Readmond Janet Marie and Janet Marie Readmond Revocable
Bought by
Groft David and Groft Jacqueline M
Seller's Agent
Kathy Christensen
TTR Sotheby's International Realty
Buyer's Agent
Courtney Chipouras
TTR Sotheby's International Realty
List Price
$1,495,000
Sold Price
$1,600,000
Premium/Discount to List
$105,000
7.02%
Current Estimated Value
$1,789,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,450
Avg. Annual Appreciation
2.85%
Original Mortgage
$1,000,000
Outstanding Balance
$920,107
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$869,343

Purchase Details

Closed on
Sep 10, 2002
Sold by
Readmond Janet M
Bought by
Readmond Janet M Trustee Of The

Purchase Details

Closed on
Aug 12, 1997
Sold by
Sun David R and Sun Rebecca W
Bought by
Readmond Janet M

Purchase Details

Closed on
Dec 6, 1985
Sold by
Wye Harbor Partnership
Bought by
Sun David R and Sun Rebecca W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Groft David $1,600,000 Atg Title Inc
Readmond Janet M Trustee Of The -- --
Readmond Janet M $518,000 --
Sun David R $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groft David $1,000,000
Closed Groft David $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold $1,600,000 0.0% $407 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/18/2021 10/18/21 Off Market $1,600,000 -- --
10/14/2021 10/14/21 For Sale $1,495,000 -- $380 / 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 $13,165 $1,391,200 $677,000 $714,200
2024 $14,052 $1,485,300 $690,000 $795,300
2023 $12,741 $1,346,167 $0 $0
2022 $11,430 $1,207,033 $0 $0
2021 $10,302 $1,067,900 $530,000 $537,900
2020 $10,302 $1,067,900 $530,000 $537,900
2019 $10,242 $1,067,900 $530,000 $537,900
2018 $10,694 $1,115,000 $525,000 $590,000
2017 $10,053 $1,078,467 $0 $0
2016 -- $1,041,933 $0 $0
2015 $10,626 $1,005,400 $0 $0
2014 $10,626 $1,005,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA2001244

Bright MLS

APN: 05-035406