NOT LISTED FOR SALE

402 Wallman Way Stevensville, MD 21666

Estimated Value: $1,011,000 - $1,259,060

5 Beds
3.5 Baths
4,028 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $800,000 $199 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,703/month

Highlights

  • Home fronts navigable water
  • Water Access
  • 0.54 Acre Lot
  • Matapeake Elementary School Rated A-
  • Second Kitchen
  • Colonial Architecture

About This Home

As of July 2020

AMAZING VIEW & Serenity with all kinds of Wildlife! AVAILABLE TO SHOW! Priced Reduced to sell! this is an Excellent value for this Waterfront home! Owners will vacate when you bring your buyers, PLEASE SHOW! Views of the Chesapeake Bay Bridge and Bay like no other! In a protective Cove with Waterfront access, Located off the first Exit after Bay Bridge and close to Airport, shopping & Restaurants. High End Upgrades for MOVE- IN immediately. 5 true bedrooms, 3.5 Bathes, 2 car garage, all new Marvin Windows, expansive panoramic views throughout the whole house in all rooms facing the water. This Southern Charm is one of a kind with its beautiful landscaping ( including a gorgeous & mature Magnolia tree) & private driveway. This home is ready for you and Summer Fun! See the Impressive list of improvements made on this home.VIRTUAL HOME TOUR: https://www.redfin.com/MD/Stevensville/402-Wallman-Way-21666/home/15289727

Last Agent to Sell the Property

Kimberly Dixson

kim.dixson@redfin.com Coldwell Banker Realty Listed on: 03/08/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,599

Year Built

  • Built in 2002

Lot Details

  • 0.54 Acre Lot
  • Home fronts navigable water
  • Property is zoned NC-20

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Carpet
  • Alarm System

Kitchen

  • Second Kitchen
  • Stove
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property near a bay

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association
  • Bay City Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 1804035127

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,599

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: additional washer and dryer, range/oven, garbage disposal
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-03-08
  • Year Built: 2002
  • Remarks Public: AMAZING VIEW & Serenity with all kinds of Wildlife! AVAILABLE TO SHOW! Priced Reduced to sell! this is an Excellent value for this Waterfront home! Owners will vacate when you bring your buyers, PLEASE SHOW! Views of the Chesapeake Bay Bridge and Bay like no other! In a protective Cove with Waterfront access, Located off the first Exit after Bay Bridge and close to Airport, shopping & Restaurants. High End Upgrades for MOVE- IN immediately. 5 true bedrooms, 3.5 Bathes, 2 car garage, all new Marvin Windows, expansive panoramic views throughout the whole house in all rooms facing the water. This Southern Charm is one of a kind with its beautiful landscaping ( including a gorgeous & mature Magnolia tree) & private driveway. This home is ready for you and Summer Fun! See the Impressive list of improvements made on this home.VIRTUAL HOME TOUR: https://www.redfin.com/MD/Stevensville/402-Wallman-Way-21666/home/15289727
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Dryer, Dishwasher, Exhaust Fan, Disposal, Refrigerator, Icemaker, Stove
  • Interior Amenities: Ceiling Fan(s), Carpet, 2nd Kitchen
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 4490
  • Living Area Sq Ft: 4028
  • Price Per Sq Ft: 303.03
  • Above Grade Finished Sq Ft: 2706
  • Below Grade Finished Sq Ft: 1322
  • Below Grade Sq Ft: 462
  • Total Below Grade Sq Ft: 1784
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Security: Electric Alarm
  • 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: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137777627
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 404800.00
  • Land Assessed Value: 283300.00
  • Land Use Code: 110
  • Lot Size Acres: 0.54
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23600.00
  • Year Assessed: 2019
  • Zoning: NC-20
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4521285
  • Tax Annual Amount: 6599.00
  • Assessor Parcel Number: 1804035127
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 4028
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/02/2020

MLS Schools

  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2020
Closed on
Jul 1, 2020
Sold by
Lepore Gary and Lepore Deborah
Bought by
Watson Joseph Clark and Castelli Joanna Carmela
Seller's Agent
Kimberly Dixson
Coldwell Banker Realty
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Current Estimated Value
$1,141,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,015
Avg. Annual Appreciation
6.89%
Original Mortgage
$640,000
Outstanding Balance
$567,510
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$573,505

Purchase Details

Closed on
May 2, 2011
Sold by
Franks Barbara Vernon
Bought by
Lepore Gary and Lepore Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2011
Sold by
Franks Barbara Vernon
Bought by
Lepore Gary and Lepore Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2007
Sold by
Vernon Barbara
Bought by
Franks Barbara Vernon

Purchase Details

Closed on
Nov 29, 2007
Sold by
Vernon Barbara
Bought by
Franks Barbara Vernon

Purchase Details

Closed on
Jun 7, 2002
Sold by
Vernon Barbara and Vernon Eric
Bought by
Vernon Barbara

Purchase Details

Closed on
Nov 2, 2000
Sold by
Lupton James K
Bought by
Vernon Barbara and Vernon Eric

Purchase Details

Closed on
Jun 6, 2000
Sold by
Thompson Bonnie S
Bought by
Lupton James K and Ardeen Copeland

Purchase Details

Closed on
Oct 2, 1998
Sold by
Foster Carlton L and Foster Ruth E
Bought by
Thompson Bonnie S
Source: Public Records

Range of Values:

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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
Watson Joseph Clark $800,000 Eastern Shore Title Company
Lepore Gary $700,000 --
Lepore Gary $700,000 --
Franks Barbara Vernon -- --
Franks Barbara Vernon -- --
Vernon Barbara -- --
Vernon Barbara $182,500 --
Lupton James K $139,900 --
Thompson Bonnie S $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Joseph Clark $640,000
Previous Owner Lepore Gary $390,000
Previous Owner Lepore Gary $390,000
Closed Thompson Bonnie S --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $800,000 -2.4% $199 / Sq Ft
05/17/2020 05/17/20 Pending -- -- --
05/11/2020 05/11/20 Price Changed $820,000 -1.8% $204 / Sq Ft
04/14/2020 04/14/20 Price Changed $835,000 -1.8% $207 / Sq Ft
03/07/2020 03/07/20 For Sale $850,000 -- $211 / 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
2025 $8,632 $916,333 $0 $0
2024 $7,977 $846,867 $0 $0
2023 $7,323 $777,400 $403,000 $374,400
2022 $7,043 $747,633 $0 $0
2021 $0 $717,867 $0 $0
2020 $6,382 $688,100 $283,300 $404,800
2019 $6,229 $649,467 $0 $0
2018 $5,859 $610,833 $0 $0
2017 $5,488 $572,200 $0 $0
2016 -- $572,200 $0 $0
2015 $3,346 $572,200 $0 $0
2014 $3,346 $636,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA143220

Bright MLS

APN: 04-035127