NOT LISTED FOR SALE

333 Walnut Dr Chesapeake City, MD 21915

Estimated Value: $1,128,000 - $1,622,716

6 Beds
5.5 Baths
10,300 Sq Ft
$126/Sq Ft Est. Value

Last Sold November 07, 2019

Last sale price $685,000 $67 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $8,635/month

333 Days on Market

Highlights

  • Second Kitchen
  • Water Oriented
  • Open Floorplan
  • In Ground Pool
  • View of Trees or Woods
  • Curved or Spiral Staircase

About This Home

As of November 2019

Major Price Reduction!! This is a MUST SEE! 6-7 bedrooms, 5.5 baths, in-ground pool, indoor basketball court, all on 14+ acres in beautiful downtown Chesapeake City! This home is situated on a private wooded setting and is over 10,000 square feet. So many possibilities! This home even has an in-law suite with a kitchen, living area, eating area, two bedrooms lots of closet space and a full bath as well! Please call to set up a showing.

Last Agent to Sell the Property

Joseph A Zang III

RE/MAX Chesapeake License #621716 Listed on: 10/23/2018

RE/MAX Chesapeake

Last Buyer's Agent

Gina McCollum

RE/MAX Associates-Hockessin

RE/MAX Associates-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,575

Year Built

  • Built in 1998

Lot Details

  • 14.23 Acre Lot
  • Vinyl Fence
  • No Through Street
  • Private Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R1, Resource Conservation, see Town Hall

Parking

  • 4 Car Direct Access Garage
  • Basement Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Off-Street Parking

Property Views

  • Woods
  • Garden

Home Design

  • Contemporary Architecture
  • Studio
  • Block Foundation
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 10,300 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Curved or Spiral Staircase
  • Dual Staircase
  • Built-In Features
  • Bar
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Casement Windows
  • Window Screens
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Game Room
  • Laundry on main level

Kitchen

  • Eat-In Country Kitchen
  • Second Kitchen
  • Double Oven
  • Down Draft Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Whirlpool Bathtub
  • Walk-in Shower

Unfinished Basement

  • Connecting Stairway
  • Interior and Side Basement Entry
  • Garage Access
  • Sump Pump

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • In Ground Pool
  • Water Oriented
  • Property is near a canal
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Chesapeake City Elementary School
  • Bohemia Manor Middle School
  • Bohemia Manor High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • Water Treatment System
  • Bottled Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02-002914

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,575

Year Built

Built in 1998

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2018-11-03
  • Federal Flood Zone: No
  • Year Built: 1998
  • Remarks Public: Major Price Reduction!! This is a MUST SEE! 6-7 bedrooms, 5.5 baths, in-ground pool, indoor basketball court, all on 14+ acres in beautiful downtown Chesapeake City! This home is situated on a private wooded setting and is over 10,000 square feet. So many possibilities! This home even has an in-law suite with a kitchen, living area, eating area, two bedrooms lots of closet space and a full bath as well! Please call to set up a showing.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Icemaker, Intercom, Cooktop, Cooktop - Down Draft, Oven - Double, Refrigerator
  • Flooring Type: Carpet, Concrete, Hardwood, Tile/Brick, Vinyl
  • Interior Amenities: 2nd Kitchen, Carpet, Curved Staircase, Double/Dual Staircase, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Intercom, Kitchen - Country, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Skylight(s), Stall Shower, Store/Office, Studio, Walk-In Closet(s), Water Treat System, Whirlpool/Hottub, Window Treatments, Wood Floors, Ceiling Fan(s), Built-Ins, Bar
  • Window Features: Casement, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall, Tray Ceilings
  • Foundation Details: Block, Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Kitchen, Game Room, Den, Study, Great Room, In-Law/AuPair/Suite, Office, Bathroom 2, Primary Bathroom
  • Basement: Yes
  • Basement Type: Connecting Stairway, Garage Access, Interior Access, Outside Entrance, Sump Pump, Unfinished, Side Entrance
  • Laundry Type: Main Floor, Upper Floor
  • Total Sq Ft: 10300
  • Living Area Sq Ft: 10300
  • Price Per Sq Ft: 67.86
  • Above Grade Finished Sq Ft: 10300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 333

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Exterior Lighting
  • Pool Features: In Ground
  • Roof: Architectural Shingle
  • View: Garden/Lawn, Trees/Woods
  • Water Access: No
  • Water Body Name: Chesapeake and Delaware Canal
  • Water Body Type: Canal
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Circular Driveway
  • Garage Features: Basement Garage, Garage - Rear Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Security: Intercom, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • Elementary School: CHESAPEAKE CITY
  • Middle School: BOHEMIA MANOR
  • High School: BOHEMIA MANOR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139799812
  • School District Source: Listing Agent
  • Elementary School: CHESAPEAKE CITY
  • High School: BOHEMIA MANOR
  • Middle Or Junior School: BOHEMIA MANOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Vinyl
  • Lot Features: Backs To Trees, No Thru Street, Private
  • Lot Size Acres: 14.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 619859.00
  • Outdoor Living Structures: Patio(s), Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: R1
  • Zoning Description: Resource Conservation, see Town Hall
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4444150
  • Tax Annual Amount: 15575.00
  • Assessor Parcel Number: 02-002914
  • Tax Total Finished Sq Ft: 10300
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 11/07/2019

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Nov 5, 2019
Sold by
Geracimos Dean A and Geracimos Pamela R
Bought by
Superior Rental Properties Llc
Seller's Agent
Joseph A Zang III
RE/MAX Chesapeake
Buyer's Agent
Gina McCollum
RE/MAX Associates-Hockessin
List Price
$899,000
Sold Price
$685,000
Premium/Discount to List
-$214,000
-23.8%
Current Estimated Value
$1,295,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$610,239
Avg. Annual Appreciation
11.67%
Original Mortgage
$475,000
Outstanding Balance
$417,954
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$877,285

Purchase Details

Closed on
Feb 1, 2005
Sold by
Gpm9 Llc
Bought by
Geracimos Llc

Purchase Details

Closed on
Dec 17, 1997
Sold by
Ritter Maynard E John A
Bought by
Geracimos Dean A and Geracimos Pamela R
Source: Public Records

Range of Values:

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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
Superior Rental Properties Llc $685,000 None Available
Geracimos Llc $100,000 None Available
Geracimos Dean A $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Superior Rental Properties Llc $475,000
Previous Owner Geracimos Dean A $800,000
Previous Owner Geracimos Dean A $600,000
Previous Owner Geracimos Dean A $550,000
Previous Owner Geracimos Dean A $5,900,000
Previous Owner Geracimos Dean A $1,850,000
Previous Owner Geracimos Dean A $600,000
Previous Owner Geracimos Dean A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2019 11/07/19 Sold $685,000 0.0% $67 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
10/02/2019 10/02/19 Off Market $685,000 -- --
09/07/2019 09/07/19 Price Changed $699,000 -22.2% $68 / Sq Ft
11/03/2018 11/03/18 For Sale $899,000 -- $87 / 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 $18,533 $1,140,900 $0 $0
2024 $17,178 $1,057,500 $226,900 $830,600
2023 $16,727 $1,030,100 $0 $0
2022 $16,501 $1,002,700 $0 $0
2021 $15,598 $975,300 $226,900 $748,400
2020 $15,713 $974,233 $0 $0
2019 $15,787 $973,167 $0 $0
2018 $14,809 $972,100 $226,900 $745,200
2017 $13,153 $920,133 $0 $0
2016 $12,663 $868,167 $0 $0
2015 $12,663 $816,200 $0 $0
2014 $13,611 $816,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1009962436

Bright MLS

APN: 02-002914