NOT LISTED FOR SALE

416 Carvel Beach Rd Carvel Beach, MD 21226

Estimated Value: $499,000 - $606,000

3 Beds
1.5 Baths
1,764 Sq Ft
$318/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $465,000 $264 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,494/month

11 Days on Market

Highlights

  • 52 Feet of Waterfront
  • Private Water Access
  • No HOA
  • 1 Dock Slip
  • Fishing Allowed
  • 2 Car Detached Garage

About This Home

As of May 2022

Are you ready for your waterfront property or your next airBNB investment? This property can be the one for you. One of a kind find and just in time for summer! You can enjoy sunrises and sunsets everyday while living at this waterfront home on a beautiful and large lot. This property has public water and sewer. No flood insurance is needed for this property. Seller has already done the footwork for you and has the pier permit and remodel permit in-hand. Pier permits is for a 90 foot existing pier. Nabbs Creek offers deep water for larger boats, crabbing, great fishing, watersports and amazing sunsets and sunrises. Water depths are from 6 to 12 feet according to navigation charts and tide schedules. A detached 2 car garage sits at the road side of this property and offers opportunity for additional storage or just room for your cars. The location offers easy access to shopping, schools, restaurants, entertaining and nightlife. There are several marina's within cruising distance that offer great food and entertainment as well. This property is zoned R-5 which could allow for a smaller residence to be constructed for additional income. It's time to enjoy the water life and relax. Bring your contractor and your designer! This house could be your dream home. Provided plans are for a finished 5 bed 3 bath 2500 square foot remodel.

Last Agent to Sell the Property

Scott Kirkpatrick

Coldwell Banker Realty License #5005060 Listed on: 03/11/2022

Last Buyer's Agent

Vera Spilker

Douglas Realty, LLC License #598320

Douglas Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,281

Year Built

  • Built in 1940

Lot Details

  • 10,275 Sq Ft Lot
  • 52 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Southwest Facing Home
  • Interior Lot
  • Property is zoned R5

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Home Design

  • Bungalow
  • Fixer Upper
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 1.5 Levels
  • Water Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Private Water Access
  • Waterski or Wakeboard
  • Swimming Allowed
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Powered Boats Permitted

Location

  • Property is near a creek

Schools

  • Chesapeake High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 020317509279500

Community Details

Overview

  • No Home Owners Association
  • Carvel Beach Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,281

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Are you ready for your waterfront property or your next airBNB investment? This property can be the one for you. One of a kind find and just in time for summer! You can enjoy sunrises and sunsets everyday while living at this waterfront home on a beautiful and large lot. This property has public water and sewer. No flood insurance is needed for this property. Seller has already done the footwork for you and has the pier permit and remodel permit in-hand. Pier permits is for a 90 foot existing pier. Nabbs Creek offers deep water for larger boats, crabbing, great fishing, watersports and amazing sunsets and sunrises. Water depths are from 6 to 12 feet according to navigation charts and tide schedules. A detached 2 car garage sits at the road side of this property and offers opportunity for additional storage or just room for your cars. The location offers easy access to shopping, schools, restaurants, entertaining and nightlife. There are several marina's within cruising distance that offer great food and entertainment as well. This property is zoned R-5 which could allow for a smaller residence to be constructed for additional income. It's time to enjoy the water life and relax. Bring your contractor and your designer! This house could be your dream home. Provided plans are for a finished 5 bed 3 bath 2500 square foot remodel.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Levels Count: 1.5
  • Room Count: 7
  • Basement: Yes
  • Basement Type: Outside Entrance, Partial
  • Basement Footprint Percent: 19.00
  • Total Sq Ft: 3864
  • Living Area Sq Ft: 1764
  • Price Per Sq Ft: 274.94
  • Above Grade Finished Sq Ft: 1764
  • Above Grade Unfinished Sq Ft: 1764
  • Below Grade Sq Ft: 336
  • Total Below Grade Sq Ft: 336
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 416

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Roof: Unknown
  • Spa: No
  • View: Water
  • Water Access Features: Fishing Allowed, Boat - Powered, Private Access, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Nabbs Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 52

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • High School: CHESAPEAKE
  • High School Source: Listing Agent
  • School District Key: 121140671932
  • School District Source: Listing Agent
  • High School: CHESAPEAKE

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 108000.00
  • Land Assessed Value: 313400.00
  • Land Use Code: R
  • Lot Features: Interior
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10275.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2022
  • Zoning: R5
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15213217
  • Tax Annual Amount: 4281.00
  • Assessor Parcel Number: 020317509279500
  • Tax Lot: 100
  • Tax Total Finished Sq Ft: 1764
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 05/20/2022

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
May 20, 2022
Sold by
Ltc Enterprises Inc
Bought by
Spilker Vera E and Spilker George P
Seller's Agent
Scott Kirkpatrick
Coldwell Banker Realty
Buyer's Agent
Vera Spilker
Douglas Realty, LLC
List Price
$485,000
Sold Price
$465,000
Premium/Discount to List
-$20,000
-4.12%
Current Estimated Value
$561,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,330
Avg. Annual Appreciation
4.98%
Original Mortgage
$279,000
Outstanding Balance
$267,296
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$276,979

Purchase Details

Closed on
Aug 16, 2021
Sold by
Esposito Elizabeth and The Mench Ernest Living Trust
Bought by
Ltc Enterprises Inc

Purchase Details

Closed on
Apr 18, 2017
Sold by
Mench Arnold T and Mench Ernest Helen
Bought by
Mench Arnold T and Mench Ernest Helen
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
Spilker Vera E $465,000 Lakeside Title
Ltc Enterprises Inc $250,000 Lakeside Title Company
Mench Arnold T -- None Available
Mench Arnold T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spilker Vera E $279,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $465,000 -4.1% $264 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $485,000 -- $275 / 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 $5,051 $423,300 -- --
2024 $5,051 $421,400 $313,400 $108,000
2023 $4,914 $406,600 $0 $0
2022 $4,525 $391,800 $0 $0
2021 $8,740 $377,000 $273,400 $103,600
2020 $4,318 $375,833 $0 $0
2019 $8,620 $374,667 $0 $0
2018 $3,787 $373,500 $270,800 $102,700
2017 $4,208 $372,967 $0 $0
2016 -- $372,433 $0 $0
2015 -- $371,900 $0 $0
2014 -- $371,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2027006

Bright MLS

APN: 03-175-09279500