NOT LISTED FOR SALE

3837 Ocean Gateway Trappe, MD 21673

Estimated Value: $166,000 - $270,000

3 Beds
1 Bath
1,026 Sq Ft
$211/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $100,000 $97 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,350/month

75 Days on Market

Highlights

  • Parking available for a boat
  • No HOA
  • Heating Available
  • 1 Fireplace
  • Bungalow

About This Home

As of December 2020

Trappe, MD three bedroom, one bath 1940s cottage on just over an acre with Rt 50 frontage and outbuildings in the back yard. Previously a rental, the property has potential. Priced below assessed value. Now showings without 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

Thomas Boeshore

Berkshire Hathaway Homeservice Homesale Realty License #517740

Berkshire Hathaway Homeservice Homesale Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,404

Year Built

  • Built in 1953

Lot Details

  • 1.03 Acre Lot
  • 1856,1857,1858
  • Property is zoned MIXED USE

Home Design

  • Bungalow
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,026 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • Parking available for a boat

Additional Features

  • Outbuilding
  • Heating Available

Community Details

  • No Home Owners Association
  • Trappe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-106012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,404

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1953
  • Automatically Close On Close Date: No
  • Remarks Public: Trappe, MD three bedroom, one bath 1940s cottage on just over an acre with Rt 50 frontage and outbuildings in the back yard. Previously a rental, the property has potential. Priced below assessed value. Now showings without appointment.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1026
  • Living Area Sq Ft: 1026
  • Price Per Sq Ft: 136.45
  • Above Grade Finished Sq Ft: 1026
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3837

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
  • Exterior Features: Boat Storage, Outbuilding(s)
  • Road Surface Type: Us Highway/Interstate
  • 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: 1856,1857,1858
  • Improvement Assessed Value: 62800.00
  • Land Assessed Value: 80300.00
  • Lot Size Acres: 1.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 44693.00
  • Year Assessed: 2020
  • Zoning: MIXED USE
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5295193
  • Tax Annual Amount: 1404.00
  • Assessor Parcel Number: 03-106012
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 12/18/2020

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
Dec 17, 2020
Sold by
Nelson Ira C and Nelson Edward N
Bought by
Gm Rentals Llc
Seller's Agent
Coard Benson
Benson & Mangold, LLC
Buyer's Agent
Thomas Boeshore
Berkshire Hathaway Homeservice Homesale Realty
List Price
$140,000
Sold Price
$100,000
Premium/Discount to List
-$40,000
-28.57%
Current Estimated Value
$216,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,057
Avg. Annual Appreciation
18.77%

Purchase Details

Closed on
Dec 1, 2011
Sold by
Nelson Ira C and Nelson Edward N
Bought by
Nelson Ira C and Nelson Edward N
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
Gm Rentals Llc $100,000 Eastern Shore Title Company
Nelson Ira C -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $100,000 -28.6% $97 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $140,000 -- $136 / 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 $1,747 $139,167 $0 $0
2023 $1,621 $133,500 $76,300 $57,200
2022 $1,540 $133,500 $76,300 $57,200
2021 $1,454 $133,500 $76,300 $57,200
2020 $1,522 $143,100 $80,300 $62,800
2019 $1,572 $143,100 $80,300 $62,800
2018 $1,498 $143,100 $80,300 $62,800
2017 $1,428 $144,700 $0 $0
2016 $1,372 $144,700 $0 $0
2015 $1,356 $144,700 $0 $0
2014 $1,356 $153,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Coard Benson

    Seller's Agent in 2020

    Coard Benson

    Benson & Mangold, LLC

    (410) 310-4909

    159 Total Sales

    Coard Benson
    Section Image
  • Michael Dillon

    Seller Co-Listing Agent in 2020

    Michael Dillon

    Benson & Mangold, LLC

    (443) 786-1058

    37 Total Sales

    Michael Dillon
    Section Image
  • Thomas Boeshore

    Buyer's Agent in 2020

    Thomas Boeshore

    Berkshire Hathaway Homeservice Homesale Realty

    (410) 739-4071

    84 Total Sales

    Thomas Boeshore
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDTA139026

Bright MLS

APN: 03-106012

Maryland Talbot County Trappe 21673

3837 Ocean Gateway, Trappe, MD

This home is located at 3837 Ocean Gateway, Trappe, MD 21673 since 16 September 2020 and is currently estimated at $216,057, approximately $210 per square foot. This property was built in 1953. 3837 Ocean Gateway is a home located in Talbot County with nearby schools including White Marsh Elementary School, Easton Middle School, and Easton High School.

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