NOT LISTED FOR SALE

3835 Ocean Gateway Trappe, MD 21673

Estimated Value: $169,000 - $268,000

3 Beds
1 Bath
1,096 Sq Ft
$203/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $130,000 $119 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,324/month

225 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Heating Available

About This Home

As of June 2021

1940s bungalow in Trappe, MD previously owner-occupied and a rental prior to that. Lots of potential, three bedrooms, one bath. By Appointment

Last Agent to Sell the Property

Coard Benson

Benson & Mangold, LLC License #522455 Listed on: 09/16/2020

Benson & Mangold, LLC

Co-Listed By

Michael Dillon

Benson & Mangold, LLC License #652435

Last Buyer's Agent

Robert Lacaze

TTR Sotheby's International Realty

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,284

Year Built

  • Built in 1946

Lot Details

  • 0.54 Acre Lot
  • 1858,1857,1855
  • Property is zoned MIXED USE

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,096 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating Available

Community Details

  • No Home Owners Association
  • Trappe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-106373

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,284

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1946
  • Automatically Close On Close Date: No
  • Remarks Public: 1940s bungalow in Trappe, MD previously owner-occupied and a rental prior to that. Lots of potential, three bedrooms, one bath. By Appointment
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1096
  • Living Area Sq Ft: 1096
  • Price Per Sq Ft: 127.74
  • Above Grade Finished Sq Ft: 1096
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3835

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • 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: TALBOT COUNTY PUBLIC SCHOOLS
  • School District Key: 121138072466
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 1858,1857,1855
  • Improvement Assessed Value: 63500.00
  • Land Assessed Value: 69100.00
  • Lot Size Acres: 0.54
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23450.00
  • Year Assessed: 2021
  • Zoning: MIXED USE
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5295225
  • Tax Annual Amount: 1284.00
  • Assessor Parcel Number: 03-106373
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/28/2021

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Jun 28, 2021
Sold by
Nelson Edward N and Nelson Charlene M
Bought by
Delemarva Real Estate Mgmt Group Llc
Seller's Agent
Coard Benson
Benson & Mangold, LLC
Buyer's Agent
Robert Lacaze
TTR Sotheby's International Realty
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%
Current Estimated Value
$222,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,028
Avg. Annual Appreciation
13.69%
Source: Public Records

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Range of Values:

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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
Delemarva Real Estate Mgmt Group Llc $130,000 Venture Title Company Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $130,000 -7.1% $119 / Sq Ft
05/04/2021 05/04/21 For Sale $140,000 0.0% $128 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/05/2021 04/05/21 Pending -- -- --
09/16/2020 09/16/20 For Sale $140,000 -- $128 / 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
2024 $1,743 $138,767 $0 $0
2023 $1,611 $132,600 $69,100 $63,500
2022 $1,525 $132,033 $0 $0
2021 $1,434 $131,467 $0 $0
2020 $1,414 $130,900 $73,200 $57,700
2019 $1,453 $130,900 $73,200 $57,700
2018 $1,383 $130,900 $73,200 $57,700
2017 $1,320 $132,400 $0 $0
2016 $1,270 $132,400 $0 $0
2015 $1,269 $132,400 $0 $0
2014 $1,269 $135,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA139022

Bright MLS

APN: 03-106373