NOT LISTED FOR SALE

4111 Rivermere Ln Eden, MD 21822

Eden Neighborhood

Estimated Value: $918,000 - $1,108,000

3 Beds
2.5 Baths
3,927 Sq Ft
$266/Sq Ft Est. Value

Last Sold March 09, 2020

Last sale price $740,000 $188 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,186/month

57 Days on Market

Highlights

  • 1 Dock Slip
  • Parking available for a boat
  • Horses Allowed On Property
  • Pier
  • Home fronts navigable water
  • Fishing Allowed

About This Home

As of March 2020

Welcome to Rivermere! This stunning 21 Acre waterfront estate with fabulous 3900sf + 3 bedroom Contemporary offers only the highest end finishes with open floor plan, gourmet kitchen with custom cabinets and granite, 9 ft. ceilings, master bedroom with vaulted ceiling and en-suite. Huge glass sun room provides fabulous waterfront views. Walk back to your private dock with boat slip and lift and head out to the Chesapeake Bay! For the collector there are two beautiful 100 x 60 and 60 x 40 ft. pole buildings. The upstairs offers a large loft area overlooking the Living room and 2 additional storage areas that could be converted into living space or additional bedrooms. Just 15 minutes from the heart of Salisbury and just a few hours from DC and Baltimore metro areas.

Last Agent to Sell the Property

Michael Alford

(240) 463-0122 malford@cbmove.com Coldwell Banker Realty License #626533 Listed on: 11/27/2019

Coldwell Banker Realty

Last Buyer's Agent

Michael Alford

(240) 463-0122 malford@cbmove.com Coldwell Banker Realty License #626533 Listed on: 11/27/2019

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,464

Year Built

  • Built in 2001

Lot Details

  • 21.19 Acre Lot
  • Home fronts navigable water
  • Landscaped
  • Extensive Hardscape
  • No Through Street
  • Private Lot
  • Open Lot
  • Sprinkler System
  • Cleared Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Tidal Wetland on Lot
  • Back and Front Yard
  • Property is zoned ARR

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 6 Garage Spaces | 2 Attached and 4 Detached
  • Second Garage
  • Side Facing Garage
  • Garage Door Opener
  • Off-Street Parking
  • Parking available for a boat

Property Views

  • River
  • Woods
  • Pasture

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,927 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Home Security System
  • Washer
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Commercial Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Rip-Rap
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Stream or River on Lot
  • Powered Boats Permitted
  • Exterior Lighting
  • Pole Barn
  • Outbuilding

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • 440 Volts
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • On Site Septic
  • Septic Equal To The Number Of Bedrooms

Additional Features

  • Flood Risk
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot PAR2
  • Assessor Parcel Number 07-010559

Community Details

Overview

  • Rivermere HOA
  • Rivermere Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,464

Year Built

Built in 2001

Lot Details

0

HOA Fees

$100 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Commercial Range, Dishwasher, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Water Conditioner - Owned
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Water Treat System, Wood Floors
  • Fireplace Features: Gas/Propane, Wood, Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Sun/Florida Room
  • Basement: No
  • Total Sq Ft: 3927
  • Living Area Sq Ft: 3927
  • Price Per Sq Ft: 197.58
  • Above Grade Finished Sq Ft: 3927
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd Garage, Garage(s), Pole Barn
  • Construction Materials: Vinyl Siding, Stone, Stick Built, Frame
  • Exterior Features: Boat Storage, Extensive Hardscape, Exterior Lighting, Lawn Sprinkler, Outbuilding(s), Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: River, Water, Trees/Woods, Pasture
  • Water Access Features: Boat - Powered, Fishing Allowed, Canoe/Kayak, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Wicomico River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 6.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Detached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Multi Units
  • Electric Service: 440 Volts
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: On Site Septic, Septic = # Of Br
  • Water Source: Private, Well

Condo/Co-op/Association

  • HOA Fees: 1200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: RIVERMERE
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: Yes
  • Lot Features: Backs To Trees, Cleared, Front Yard, Landscaping, No Thru Street, Open, Partly Wooded, Private, Rear Yard, Rip-Rapped, Tidal Wetland
  • Lot Size Acres: 21.19
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 923036.00
  • Zoning: ARR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5342802
  • Tax Annual Amount: 7464.00
  • Assessor Parcel Number: 07-010559
  • Tax Lot: PAR2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2019
Closed on
Mar 9, 2020
Sold by
Nagv David
Bought by
Duncan Johanna and Siock Brett Thomas
Seller's Agent
Michael Alford
Coldwell Banker Realty
Buyer's Agent
Michael Alford
Coldwell Banker Realty
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%
Current Estimated Value
$1,044,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,254
Avg. Annual Appreciation
6.14%
Original Mortgage
$740,000
Outstanding Balance
$662,843
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$381,411

Purchase Details

Closed on
Oct 28, 2011
Sold by
Black Charles Nelson and Black Charles Nelson
Bought by
Nagy David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2008
Sold by
Barnes Laurence K and Barnes Beth R
Bought by
Black Charles N Iv Trustee

Purchase Details

Closed on
Jun 5, 2008
Sold by
Barnes Laurence K and Barnes Beth R
Bought by
Black Charles N Iv Trustee

Purchase Details

Closed on
May 31, 2000
Sold by
Trappe District Land Corp Md
Bought by
Barners Laurence K and Barners Beth R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Duncan Johanna $740,000 Quiet Title Llc
Nagy David J $800,000 Mid Atlantic Title & Escrow
Black Charles N Iv Trustee $1,250,000 --
Black Charles N Iv Trustee $1,250,000 --
Barners Laurence K $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duncan Johanna $740,000
Previous Owner Nagy David J $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2020 03/09/20 Sold $740,000 -4.6% $188 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
11/27/2019 11/27/19 Price Changed $775,900 +3.6% $198 / Sq Ft
11/27/2019 11/27/19 For Sale $749,000 -- $191 / 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 $7,127 $779,767 $0 $0
2024 $7,127 $737,100 $207,700 $529,400
2023 $7,268 $729,133 $0 $0
2022 $7,409 $721,167 $0 $0
2021 $7,383 $713,200 $207,700 $505,500
2020 $7,415 $713,200 $207,700 $505,500
2019 $7,464 $713,200 $207,700 $505,500
2018 $7,586 $724,600 $207,700 $516,900
2017 $7,574 $715,533 $0 $0
2016 -- $706,467 $0 $0
2015 $8,193 $697,400 $0 $0
2014 $8,193 $697,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC106070

Bright MLS

APN: 07-010559