$183,000 - $241,000
RENTED NOV 1, 2024

3986 Ocean Gateway Trappe, MD 21673

2 Beds
1 Bath
878 Sq Ft
$251 Price per Sq Ft

Last Sold November 01, 2021

Last sale price $165,000 $188 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,296/month

About This Home

As of November 2021

Charming 2 bedroom house in Trappe. Close to downtown attractions. Easy access to Rt 50/ off street parking. Screened in porch.
Application and security deposit required.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Oct 27, 2021
Sold by
Tuckahoe River Land Management Llc
Bought by
Ibarra Carla S
Seller's Agent
Traci Jordan
Meredith Fine Properties
Buyer's Agent
Jimmy Higgins
Benson & Mangold, LLC
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Current Estimated Value
$220,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,055
Avg. Annual Appreciation
9.34%
Original Mortgage
$166,666
Outstanding Balance
$153,949
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$74,183

Purchase Details

Listed on
Nov 13, 2014
Closed on
Mar 27, 2015
Sold by
Jpmorgan Chase Bank National Association
Bought by
Tuckahoe River Land Management Llc
Seller's Agent
Karla Wieland-Cherry
Meredith Fine Properties
Buyer's Agent
Karla Wieland-Cherry
Meredith Fine Properties
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.79%
Original Mortgage
$36,000
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 13, 2014
Closed on
Mar 26, 2015
Sold by
Pinkett Michael C and Murray Michelle
Bought by
Jpmorgan Chase Bank National Association
Seller's Agent
Karla Wieland-Cherry
Meredith Fine Properties
Buyer's Agent
Karla Wieland-Cherry
Meredith Fine Properties
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 1998
Sold by
Cantville L Sard
Bought by
Fleming Brenda W
Source: Public Records

Range of Values:

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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
Ibarra Carla S $165,000 Chicago Title Insurance Co
Tuckahoe River Land Management Llc $45,000 Venture Title Company
Jpmorgan Chase Bank National Association $51,000 Venture Title Company
Fleming Brenda W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibarra Carla S $166,666
Previous Owner Tuckahoe River Land Management Llc $36,000
Previous Owner Tuckahoe River Land Management Llc $36,000
Previous Owner Jpmorgan Chase Bank National Association $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Rented $1,550 0.0% --
08/29/2024 08/29/24 For Rent $1,550 0.0% --
11/01/2021 11/01/21 Sold $165,000 -5.7% $188 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/29/2021 08/29/21 Price Changed $175,000 +7.7% $199 / Sq Ft
08/13/2021 08/13/21 Price Changed $162,500 -7.1% $185 / Sq Ft
08/09/2021 08/09/21 For Sale $175,000 +6.1% $199 / Sq Ft
08/06/2021 08/06/21 Off Market $165,000 -- --
06/14/2021 06/14/21 For Sale $175,000 +288.9% $199 / Sq Ft
03/31/2015 03/31/15 Sold $45,000 -9.8% $51 / Sq Ft
11/13/2014 11/13/14 Pending -- -- --
11/13/2014 11/13/14 For Sale $49,900 -- $57 / Sq Ft

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 $1,535 $130,700 $0 $0
2023 $1,466 $119,100 $53,200 $65,900
2022 $1,393 $119,100 $53,200 $65,900
2021 $1,311 $119,100 $53,200 $65,900
2020 $1,364 $125,800 $62,400 $63,400
2019 $1,403 $125,800 $62,400 $63,400
2018 $1,335 $125,800 $62,400 $63,400
2017 $1,268 $127,100 $0 $0
2016 $1,213 $126,367 $0 $0
2015 -- $125,633 $0 $0
2014 -- $124,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Higgins

    Seller's Agent in 2024

    Jimmy Higgins

    Benson & Mangold, LLC

    (410) 310-6999

    60 Total Sales

    Jimmy Higgins
    Section Image
  • Carol Strasfeld

    Buyer's Agent in 2024

    Carol Strasfeld

    Unrepresented Buyer Office

    (301) 806-8871

    4,884 Total Sales

    Carol Strasfeld
    Section Image
  • Traci Jordan

    Seller's Agent in 2021

    Traci Jordan

    Meredith Fine Properties

    (410) 310-8606

    96 Total Sales

    Traci Jordan
    Section Image
  • Karla Wieland-Cherry

    Seller's Agent in 2015

    Karla Wieland-Cherry

    Meredith Fine Properties

    (410) 310-8421

    38 Total Sales

    Karla Wieland-Cherry
    Section Image
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Map

Maryland Talbot County Trappe 21673

3986 Ocean Gateway, Trappe, MD

This home is located at 3986 Ocean Gateway, Trappe, MD 21673 and is currently estimated at $220,055, approximately $250 per square foot. 3986 Ocean Gateway is a home located in Talbot County with nearby schools including White Marsh Elementary School, Easton Middle School, and Easton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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