NOT LISTED FOR SALE

4002 Ocean Gateway Trappe, MD 21673

Estimated Value: $285,000 - $360,097

4 Beds
3 Baths
2,033 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $169,000 $83 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,922/month

201 Days on Market

Highlights

  • Rambler Architecture
  • Built-In Features
  • Forced Air Heating and Cooling System
  • No HOA
  • Shed
  • Ceiling Fan

About This Home

As of May 2018

Priced to sell; Much larger than it looks w/ huge addition, move-in ready, 4 bdrms, 3 baths. Mstr bdrm w/ bath, walk-in closet; Second bdrm w/ private bath. Large family rm w/ french doors to yard; sep. living rm; dining rm; large kitchen; mud/laundry rm. Two more bdrms; and hall bath; and bonus rm. New tile flooring, carpet, paint. CAC, two driveways front and back; shed. Agent is owner.

Last Agent to Sell the Property

Kelly Sharpless

Kelstar Properties Listed on: 09/22/2017

Last Buyer's Agent

Gary Marquardt

Coldwell Banker Realty License #575343

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,698

Year Built

  • Built in 1955

Lot Details

  • 0.26 Acre Lot
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Dining Area
  • Crawl Space

Kitchen

  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Trappe Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 2103105458

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,698

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1955
  • Remarks Public: Priced to sell; Much larger than it looks w/ huge addition, move-in ready, 4 bdrms, 3 baths. Mstr bdrm w/ bath, walk-in closet; Second bdrm w/ private bath. Large family rm w/ french doors to yard; sep. living rm; dining rm; large kitchen; mud/laundry rm. Two more bdrms; and hall bath; and bonus rm. New tile flooring, carpet, paint. CAC, two driveways front and back; shed. Agent is owner.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range Hood, Stove, Washer, Water Heater
  • Interior Amenities: Dining Area, Built-Ins, Window Treatments, Primary Bath(s)
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 4002

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Shed
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Pool Private: No
  • Roof: Asphalt
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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

Lot Info

  • Improvement Assessed Value: 129200.00
  • Land Assessed Value: 67400.00
  • Lot Size Acres: 0.26
  • Lot Size Area: 11220
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11220.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2017
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5295143
  • Tax Annual Amount: 1697.97
  • Assessor Parcel Number: 2103105458
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 2033
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 05/16/2018

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2017
Closed on
May 16, 2018
Sold by
Sharpless Kelly K
Bought by
Morales Velasquez Silvano A and Espitia Ruiz Ma Blanca Estela Espit
Seller's Agent
Kelly Sharpless
Kelstar Properties
Buyer's Agent
Gary Marquardt
Coldwell Banker Realty
List Price
$239,000
Sold Price
$169,000
Premium/Discount to List
-$70,000
-29.29%
Total Days on Market
201
Current Estimated Value
$326,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,776
Avg. Annual Appreciation
9.77%
Original Mortgage
$143,650
Outstanding Balance
$125,002
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$206,987

Purchase Details

Listed on
Jan 10, 2014
Closed on
Mar 31, 2014
Sold by
Onewest Bank Na
Bought by
Sharpless Kelly Kendall
Seller's Agent
Brenda Sarver
Maryland Realty Connection
Buyer's Agent
Kelly Sharpless
Kelstar Properties
List Price
$69,900
Sold Price
$70,000
Premium/Discount to List
$100
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.79%

Purchase Details

Listed on
Jan 10, 2014
Closed on
Mar 11, 2014
Sold by
Hollinger Don E
Bought by
Onewest Bank Fsb
Seller's Agent
Brenda Sarver
Maryland Realty Connection
Buyer's Agent
Kelly Sharpless
Kelstar Properties
List Price
$69,900
Sold Price
$70,000
Premium/Discount to List
$100
0.14%

Purchase Details

Closed on
Dec 1, 2006
Sold by
Hollinger Don E and Hollinger Patricia E
Bought by
Hollinger Don E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,225
Interest Rate
6.53%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Nov 21, 2006
Sold by
Hollinger Don E and Hollinger Patricia E
Bought by
Hollinger Don E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,225
Interest Rate
6.53%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Aug 22, 1986
Sold by
Cawley Kimberly J
Bought by
Hollinger Don E and Hollinger Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,624
Interest Rate
10.04%

Purchase Details

Closed on
Jan 21, 1985
Sold by
Shockey Richard L and Shockey Susan G
Bought by
Cawley Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
13.12%
Source: Public Records

Range of Values:

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Average Value
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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
Morales Velasquez Silvano A $169,000 Venture Title Co Llc
Sharpless Kelly Kendall $70,000 Servicelink Llc
Onewest Bank Fsb $167,000 None Available
Hollinger Don E -- --
Hollinger Don E -- --
Hollinger Don E $42,000 --
Cawley Kimberly J $41,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Velasquez Silvano A $143,650
Previous Owner Hollinger Don E $423,225
Previous Owner Hollinger Don E $423,225
Previous Owner Hollinger Don E $50,000
Previous Owner Hollinger Don E $41,624
Previous Owner Cawley Kimberly J $41,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2018 05/16/18 Sold $169,000 0.0% $83 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
11/17/2017 11/17/17 Price Changed $169,000 -10.6% $83 / Sq Ft
10/19/2017 10/19/17 Price Changed $189,000 -9.6% $93 / Sq Ft
10/05/2017 10/05/17 Price Changed $209,000 -12.6% $103 / Sq Ft
09/22/2017 09/22/17 For Sale $239,000 0.0% $118 / Sq Ft
08/07/2015 08/07/15 Rented $1,400 +12.0% --
08/06/2015 08/06/15 Under Contract -- -- --
07/10/2015 07/10/15 For Rent $1,250 0.0% --
03/31/2014 03/31/14 Sold $70,000 +0.1% $34 / Sq Ft
02/12/2014 02/12/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $69,900 -0.1% $34 / Sq Ft
01/10/2014 01/10/14 Off Market $70,000 -- --
01/10/2014 01/10/14 For Sale $69,900 -- $34 / 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 $2,255 $184,300 $0 $0
2023 $2,039 $172,300 $52,700 $119,600
2022 $1,934 $172,300 $52,700 $119,600
2021 $3,937 $172,300 $52,700 $119,600
2020 $2,016 $193,900 $67,400 $126,500
2019 $2,066 $193,900 $67,400 $126,500
2018 $1,976 $193,900 $67,400 $126,500
2017 $1,865 $196,600 $0 $0
2016 $1,776 $194,900 $0 $0
2015 $687 $193,200 $0 $0
2014 $687 $191,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000977771

Bright MLS

APN: 03-105458