NOT LISTED FOR SALE

3820 the Park Ln Trappe, MD 21673

Estimated Value: $555,000 - $1,355,000

3.37 Acres
$320,148 Price per Acre
146,797 Sq Ft Lot

Last Sold December 01, 2020

Last sale price $252,500

Est. 333% increase in value since last sale

Current estimated payment $6,300/month

154 Days on Market

Highlights

  • 300 Feet of Waterfront
  • 1 Dock Slip
  • 3.37 Acre Lot
  • White Marsh Elementary School Rated 9+
  • Access to Tidal Water
  • 1 Community Docks

About This Lot

As of December 2020

"LaTrappe Creek" Trappe, Md. The only remaining building lot in this 3 lot Waterfront sub-division. 3.375 acre cleared lot with community pier and designated slip. Very private. Ready for your dream home.

Last Agent to Sell the Property

Eddie Matthews

(410) 310-4957 ematthews@bensonandmangold.com Benson & Mangold, LLC License #576814 Listed on: 04/24/2020

Benson & Mangold, LLC

Last Buyer's Agent

Austin Cox

(410) 430-7989 Austin.cox@longandfoster.com Long & Foster Real Estate, Inc. License #665783

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,822

Lot Details

  • 3.37 Acre Lot
  • 300 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • No Building Permits

Utilities

  • Well
  • Septic Tank

Additional Features

  • Water Views
  • Property is near a creek

Listing and Financial Details

  • Assessor Parcel Number 2103154572

Community Details

Overview

  • No Home Owners Association

Recreation

  • 1 Community Docks
  • Access to Tidal Water
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Dock Slip

Property Details

Property Type

Land

Est. Annual Taxes

$2,822

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Basement: No
  • Price Per Sq Ft: 2.04

Exterior Features

  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: LaTrappe Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 300

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 3.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 146797.00
  • Possible Use: Residential
  • Zoning: R
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5298347
  • Tax Annual Amount: 2822.00
  • Assessor Parcel Number: 2103154572
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Dec 1, 2020
Sold by
Equity Partners Inc
Bought by
Dye Derrick H and Dye Sarah H
Seller's Agent
Eddie Matthews
Benson & Mangold, LLC
Buyer's Agent
Austin Cox
Long & Foster Real Estate, Inc.
List Price
$299,000
Sold Price
$252,500
Premium/Discount to List
-$46,500
-15.55%
Current Estimated Value
$1,092,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$839,998
Avg. Annual Appreciation
33.40%
Original Mortgage
$189,375
Outstanding Balance
$137,755
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$941,143

Purchase Details

Closed on
May 19, 2004
Sold by
Orme Katherine Trustee
Bought by
Cross Frederic and Equity Part Inc Money Purch
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dye Derrick H $252,500 Eastern Shore Title Company
Cross Frederic $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dye Derrick H $189,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2020 12/01/20 Sold $252,500 -15.6% --
09/25/2020 09/25/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $299,000 -- --
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 $6,646 $850,000 $0 $0
2024 $6,646 $789,100 $0 $0
2023 $6,235 $728,200 $295,400 $432,800
2022 $5,981 $759,800 $295,400 $464,400
2021 $2,022 $265,400 $265,400 $0
2020 $2,823 $376,800 $376,800 $0
2019 $2,799 $376,800 $376,800 $0
2018 $2,683 $376,800 $376,800 $0
2017 $2,797 $424,300 $0 $0
2016 $2,727 $424,300 $0 $0
2015 $3,817 $424,300 $0 $0
2014 $3,817 $465,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA137962

Bright MLS

APN: 03-154572