NOT LISTED FOR SALE

4240 Claylands Rd Trappe, MD 21673

Estimated Value: $2,953,000 - $5,462,000

5 Beds
6.5 Baths
11,707 Sq Ft
$388/Sq Ft Est. Value

Last Sold January 17, 2019

Last sale price $5,300,000 $453 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $27,143/month

164 Days on Market

Highlights

  • 5,280 Feet of Waterfront
  • 1 Dock Slip
  • Guest House
  • White Marsh Elementary School Rated 9+
  • Pier
  • Private Beach

About This Home

As of January 2019

The Very Best of Eastern Shore MD Living. Sunsets Over Island Creek, Abundant Wildlife, Properly Renovated Historic 9,000+/- Sq. Ft. Manor House, 5BRs, 6.6 BAs, Guest House, Caretaker's House, Barns and Outbuildings, Protected Deep Water Dock, Sandy Beach, Pool Overlooking Island Creek and Choptank River. 1+/- Miles of Shoreline & 174+/- acres. Excellent Hunting & Fishing.

Last Agent to Sell the Property

Chuck Mangold

Benson & Mangold, LLC License #527518 Listed on: 02/15/2018

Benson & Mangold, LLC

Last Buyer's Agent

Jana Meredith

Meredith Fine Properties License #631316

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,149

Year Built

  • Built in 1936

Lot Details

  • 174.14 Acre Lot
  • 5,280 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Sprinkler System
  • Wooded Lot
  • Property is in very good condition

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Circular Driveway
  • Off-Street Parking

Home Design

  • Carriage House
  • Cape Cod Architecture
  • Brick Exterior Construction
  • Shake Roof

Interior Spaces

  • 11,707 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • 6 Fireplaces
  • Fireplace Mantel
  • Window Treatments
  • Dining Area
  • Wood Flooring
  • Water Views
  • Home Security System

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Rip-Rap
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Brick Porch or Patio
  • Office or Studio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • 60 Gallon+ Oil Water Heater
  • Well
  • Septic Tank

Additional Features

  • Guest House
  • Barn

Community Details

  • No Home Owners Association
  • Island Creek Neck Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 2103152693

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,149

Year Built

Built in 1936

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1936
  • Remarks Public: The Very Best of Eastern Shore MD Living. Sunsets Over Island Creek, Abundant Wildlife, Properly Renovated Historic 9,000+/- Sq. Ft. Manor House, 5BRs, 6.6 BAs, Guest House, Caretaker's House, Barns and Outbuildings, Protected Deep Water Dock, Sandy Beach, Pool Overlooking Island Creek and Choptank River. 1+/- Miles of Shoreline & 174+/- acres. Excellent Hunting & Fishing.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Dishwasher, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Butlers Pantry, Kitchen - Gourmet, Kitchen - Island, Dining Area, Breakfast Area, Kitchen - Eat-In, Primary Bath(s), Built-Ins, Chair Railings, Crown Moldings, Window Treatments, Wet/Dry Bar, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 6
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 11707
  • Living Area Sq Ft: 11707
  • Price Per Sq Ft: 597.51
  • Above Grade Finished Sq Ft: 11707
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4240

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Carriage House, Guest House, Office/Studio, Barn
  • Other Structures List: Carriage House, Guest House, Office/Studio, Barn
  • Construction Materials: Combination, Brick
  • Dock Type: Pier (Perpendicular)
  • Exterior Features: Underground Lawn Sprinkler, Private Beach
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Shake
  • View: Water
  • View: Yes
  • Water Access Features: Private Access, Canoe/Kayak, Boat - Powered
  • Water Access: Yes
  • Water Body Name: ISLAND CREEK
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 5280

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Circular Driveway
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Oil
  • Security: Security System
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

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
  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 963000.00
  • Land Assessed Value: 2880100.00
  • Lot Features: Landscaping, Rip-Rapped, Trees/Wooded, Secluded, Private
  • Lot Size Acres: 174.14
  • Lot Size Area: 7585756
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7585756.00
  • Outdoor Living Structures: Brick, Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 7
  • Waterfront Features: Rip-Rap, Sandy Beach, Private Dock Site

Tax Info

  • Assessor Parcel Number: 5298190
  • Tax Annual Amount: 25149.00
  • Assessor Parcel Number: 2103152693
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 11707
  • Tax Year: 2016
  • Close Date: 01/17/2019

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2018
Closed on
Jan 17, 2019
Sold by
Fossan Robert L Van
Bought by
Abacus Farms Llc
Seller's Agent
Chuck Mangold
Benson & Mangold, LLC
Buyer's Agent
Jana Meredith
Meredith Fine Properties
List Price
$6,995,000
Sold Price
$5,300,000
Premium/Discount to List
-$1,695,000
-24.23%
Current Estimated Value
$4,542,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$757,180
Avg. Annual Appreciation
-2.29%
Original Mortgage
$3,187,500
Outstanding Balance
$2,819,125
Interest Rate
4.7%
Mortgage Type
Commercial
Estimated Equity
$1,723,695

Purchase Details

Closed on
Dec 31, 1997
Sold by
Ross Cove Limited Partnership
Bought by
Vanfossan Robert L

Purchase Details

Closed on
Feb 15, 1995
Sold by
Southside & Walnut Grove
Bought by
Vanfossan Robert L
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
Abacus Farms Llc $4,250,000 None Available
Vanfossan Robert L $86,599 --
Vanfossan Robert L $1,495,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abacus Farms Llc $3,187,500
Previous Owner Fossan Robert L Van $4,000,000
Closed Vanfossan Robert L --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2019 01/17/19 Sold $5,300,000 -24.2% $453 / Sq Ft
07/29/2018 07/29/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $6,995,000 -- $598 / 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 $30,981 $3,553,200 $0 $0
2024 $30,981 $3,441,100 $0 $0
2023 $28,409 $3,329,000 $2,252,700 $1,076,300
2022 $26,234 $3,309,800 $0 $0
2021 $25,252 $3,290,600 $0 $0
2020 $24,481 $3,271,400 $2,252,700 $1,018,700
2019 $24,481 $3,271,400 $2,252,700 $1,018,700
2018 $13,483 $3,271,400 $2,252,700 $1,018,700
2017 $13,099 $3,815,600 $0 $0
2016 $12,839 $3,815,600 $0 $0
2015 $12,602 $3,815,700 $0 $0
2014 $12,602 $4,273,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000157408

Bright MLS

APN: 03-152693