NOT LISTED FOR SALE

3761 Margits Ln Trappe, MD 21673

Estimated Value: $1,344,000 - $2,114,371

4 Beds
3.5 Baths
4,793 Sq Ft
$344/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $1,250,000 $261 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,775/month

206 Days on Market

Highlights

  • 2 Dock Slips
  • Water Access
  • Gourmet Kitchen
  • Home fronts navigable water
  • Home Theater
  • Commercial Range

About This Home

As of May 2021

Peaceful, secluded living at its finest! The driveway winds you past a serene pond filled with lily pads as your next home emerges at the end of the gravel path. Set on 4.48+/- acres, this waterfront, custom-built 4 bedroom 3.5 bathroom home thoughtfully designed by an engineer is the ideal place to call home. Providing everything you need, this home offers a formal sitting room that opens to back deck and bluestone patio with BBQ area, dining room, gourmet kitchen is equipped with commercial Kitchen Aid appliances including an 8-burner stove and 2 ovens. Family room with wood burning fireplace, main level primary bedroom with gas fireplace, custom marble bathroom with heated floors, large second floor theater, second floor family room/office with gas fireplace and balcony access, large unfinished basement with separate entrance and high ceilings along with large windows fill the space with natural light. 3-car garage includes electric car home charging station. Relax in your large backyard surrounded by trees or wander down to your shared pier with stunning water views.

Last Agent to Sell the Property

Chuck Mangold

Benson & Mangold, LLC License #527518 Listed on: 08/05/2020

Benson & Mangold, LLC

Last Buyer's Agent

Kelly Showell

Benson & Mangold, LLC

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,359

Year Built

  • Built in 2008

Lot Details

  • 4.48 Acre Lot
  • Home fronts navigable water
  • Property is zoned W2

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Craftsman Architecture

Interior Spaces

  • 4,793 Sq Ft Home
  • Property has 2 Levels
  • Crown Molding
  • Skylights
  • Recessed Lighting
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room Off Kitchen
  • Family Room on Second Floor
  • Combination Kitchen and Living
  • Sitting Room
  • Formal Dining Room
  • Home Theater
  • Unfinished Basement
  • Interior and Exterior Basement Entry
  • Laundry on main level

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Commercial Range
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Water Access
  • River Nearby
  • Rip-Rap
  • Physical Dock Slip Conveys
  • 2 Dock Slips
  • Shared Waterfront
  • Balcony
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Well
  • Tankless Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Dreams Landing Subdivision

Listing and Financial Details

  • Tax Lot 4A
  • Assessor Parcel Number 2103128717

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,359

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • Exclusions: Boos Butcher Block Island/Table
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Remarks Public: Peaceful, secluded living at its finest! The driveway winds you past a serene pond filled with lily pads as your next home emerges at the end of the gravel path. Set on 4.48+/- acres, this waterfront, custom-built 4 bedroom 3.5 bathroom home thoughtfully designed by an engineer is the ideal place to call home. Providing everything you need, this home offers a formal sitting room that opens to back deck and bluestone patio with BBQ area, dining room, gourmet kitchen is equipped with commercial Kitchen Aid appliances including an 8-burner stove and 2 ovens. Family room with wood burning fireplace, main level primary bedroom with gas fireplace, custom marble bathroom with heated floors, large second floor theater, second floor family room/office with gas fireplace and balcony access, large unfinished basement with separate entrance and high ceilings along with large windows fill the space with natural light. 3-car garage includes electric car home charging station. Relax in your large backyard surrounded by trees or wander down to your shared pier with stunning water views.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Water Heater - Tankless, Oven/Range - Gas, Stainless Steel Appliances, Commercial Range, Refrigerator
  • Interior Amenities: Breakfast Area, Carpet, Combination Kitchen/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Skylight(s), Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Wood Floors
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Basement, 2nd Stry Fam Rm, Media Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Outside Entrance, Interior Access, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 4793
  • Living Area Sq Ft: 4793
  • Price Per Sq Ft: 286.88
  • Above Grade Finished Sq Ft: 4793
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3761

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
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: Yes
  • Water Body Name: Latrappe Creek
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: TALBOT COUNTY PUBLIC SCHOOLS
  • School District Key: 121138072466
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 537800.00
  • Land Assessed Value: 579800.00
  • Land Use Code: 110
  • Lot Size Acres: 4.48
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 195149.00
  • Outdoor Living Structures: Balcony, Porch(es), Patio(s)
  • Year Assessed: 2021
  • Zoning: W2
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5297083
  • Tax Annual Amount: 7359.00
  • Assessor Parcel Number: 2103128717
  • Tax Lot: 4A
  • Tax Total Finished Sq Ft: 4793
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 05/28/2021

Multi Family

  • Waterfront Features: Rip-Rap, Shared

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
May 26, 2021
Sold by
Deborah A Buniski Inc
Bought by
Gamboa Alberto Ruiz De and Gamboa Abigail Ruiz
Seller's Agent
Chuck Mangold
Benson & Mangold, LLC
Buyer's Agent
Kelly Showell
Benson & Mangold, LLC
List Price
$1,495,000
Sold Price
$1,250,000
Premium/Discount to List
-$245,000
-16.39%
Current Estimated Value
$1,649,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,593
Avg. Annual Appreciation
6.74%
Original Mortgage
$1,000,000
Outstanding Balance
$907,345
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$742,248

Purchase Details

Closed on
Jul 26, 2005
Sold by
Maley John Gregory
Bought by
Deborah A Buniski Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gamboa Alberto Ruiz De $1,250,000 Eastern Shore Title Company
Deborah A Buniski Inc $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamboa Alberto Ruiz De $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $1,250,000 -9.1% $261 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
02/08/2021 02/08/21 Price Changed $1,375,000 -8.0% $287 / Sq Ft
08/05/2020 08/05/20 For Sale $1,495,000 0.0% $312 / Sq Ft
05/25/2012 05/25/12 Rented $4,000 -20.0% --
05/25/2012 05/25/12 Under Contract -- -- --
07/20/2011 07/20/11 For Rent $5,000 -- --
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 $9,449 $1,282,067 $0 $0
2024 $9,449 $1,199,833 $0 $0
2023 $8,873 $1,117,600 $579,800 $537,800
2022 $8,198 $1,072,500 $0 $0
2021 $15,310 $1,027,400 $0 $0
2020 $7,419 $982,300 $617,300 $365,000
2019 $9,204 $1,231,000 $677,300 $553,700
2018 $8,825 $1,231,000 $677,300 $553,700
2017 $8,904 $1,341,900 $0 $0
2016 $8,684 $1,341,900 $0 $0
2015 $8,987 $1,341,900 $0 $0
2014 $8,987 $1,477,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDTA138850

Bright MLS

APN: 03-128717