NOT LISTED FOR SALE

Estimated Value: $799,682 - $887,000

4 Beds
3.5 Baths
5,100 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $482,500 $95 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,127/month

Highlights

  • 1.09 Acre Lot
  • Colonial Architecture
  • Cathedral Ceiling
  • Olive B. Loss Elementary School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of August 2014

Welcome to this absolutely exceptional home on one of the largest premium lots in very popular Bay Pointe. Located North of the C&D Canal in the Appoquinimink School District, it has easy access to Middletown, Newark & Chesapeake City. You'll like the beautiful Stone Facade and when you enter, this home will immediately make you feel great because of the amenities that it includes. Lot of bright lights with upgraded fixtures & lots of ceiling fans. That's important as you'll want to spend most of your time right at home. Wake up and enjoy your beautiful gourmet kitchen with classic granite countertops, center island, wall ovens, a large breakfast area & a morning room. Adjacent to a very spacious family room with a gas fireplace & very high ceilings, there's lots of space for fun, relaxation & entertainment. You'll also like the library/study & formal dining & living rooms. Upstairs features an incredible owner's suite with a large sitting room & a very nice bathroom. Super closet space too. 3 nice secondary bedrooms are also included on the 2nd floor. Now here's something that is truly amazing: The basement area has $90,000 finished living spaces. All kinds of rooms including an in-law suite, wet bar area/w/granite, exercise room wired for surround sound media, recreation/play area, media room & lots of storage space. There's no way I can write down everything that this terrific house features as your home. Just come take a look and you'll love it too!

Last Agent to Sell the Property

Eddie Riggin

RE/MAX Elite Listed on: 04/23/2014

Last Buyer's Agent

Ray Dudkewitz

Patterson-Schwartz-Newark License #RS279086

Patterson-Schwartz-Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,341

Year Built

  • Built in 2006

Lot Details

  • 1.09 Acre Lot
  • Lot Dimensions are 120x354
  • Level Lot
  • Open Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned NC21

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Normandy Architecture
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Attic

Kitchen

  • Built-In Self-Cleaning Double Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 3.5 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Drainage System

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 200+ Amp Service
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 089
  • Assessor Parcel Number 11-049.00-089

Community Details

Overview

  • Association fees include common area maintenance, snow removal

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,341

Year Built

Built in 2006

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Normandy
  • Ownership: Fee Simple
  • Exclusions: Washer, Dryer
  • Inclusions: Refrigerator, 7 Ceiling Fans, Secuirty System
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Wall, Oven - Double, Oven - Self Cleaning, Dishwasher, Energy Efficient Appliances, Built-In Microwave
  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Master Bath(s), Kitchen - Island, Ceiling Fan(s), Stall Shower, Dining Area
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room Count: 16
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Drainage System, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 5100
  • Living Area Sq Ft: 5100
  • Net Sq Ft: 5100.00
  • Price Per Sq Ft: 138.61
  • Above Grade Finished Sq Ft: 3600
  • Below Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding, Stone
  • Construction Completed: No
  • Exterior Features: Exterior Lighting
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Underground, 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 480.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes

Schools

  • School District: APPOQUINIMINK
  • School District Key: 300200396893

Lot Info

  • Improvement Assessed Value: 111800.00
  • Land Assessed Value: 15300.00
  • Lot Features: Level, Open, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 1.09
  • Lot Dimensions: 120X354
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 47480.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2351631
  • Tax Annual Amount: 3341.00
  • Assessor Parcel Number: 11-049.00-089
  • Tax Lot: 089
  • Tax Year: 2013
  • Close Date: 08/28/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2014
Closed on
Aug 28, 2014
Sold by
Fails Karl R and Fails Jolene J
Bought by
Falk Bruce M and Falk Patricia A
Seller's Agent
Eddie Riggin
RE/MAX Elite
Buyer's Agent
Ray Dudkewitz
Patterson-Schwartz-Newark
List Price
$525,000
Sold Price
$482,500
Premium/Discount to List
-$42,500
-8.1%
Current Estimated Value
$856,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,671
Avg. Annual Appreciation
5.54%
Original Mortgage
$386,000
Outstanding Balance
$295,508
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$580,091

Purchase Details

Closed on
May 3, 2007
Sold by
Relo Direct Inc
Bought by
Fails Karl R and Fails Jolene J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2007
Sold by
Soccio Michael J and Soccio Melissa L
Bought by
Relo Direct Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2006
Sold by
Blenheim Brown Llc
Bought by
Soccio Michael J and Soccio Melissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.55%
Mortgage Type
Credit Line Revolving
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
Falk Bruce M $482,500 None Available
Fails Karl R $575,000 Brennan Title Company
Relo Direct Inc $575,000 Brennan Title Company
Soccio Michael J $537,468 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falk Bruce M $386,000
Previous Owner Fails Karl R $417,000
Previous Owner Fails Karl R $83,000
Previous Owner Relo Direct Inc $417,000
Previous Owner Soccio Michael J $100,000
Previous Owner Soccio Michael J $80,000
Previous Owner Soccio Michael J $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $482,500 -3.3% $95 / Sq Ft
08/21/2014 08/21/14 Pending -- -- --
07/09/2014 07/09/14 Price Changed $499,000 -2.2% $98 / Sq Ft
06/19/2014 06/19/14 Price Changed $510,000 -2.9% $100 / Sq Ft
04/23/2014 04/23/14 For Sale $525,000 -- $103 / 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 $5,501 $127,100 $15,300 $111,800
2023 $4,717 $127,100 $15,300 $111,800
2022 $4,730 $127,100 $15,300 $111,800
2021 $4,621 $127,100 $15,300 $111,800
2020 $4,621 $127,100 $15,300 $111,800
2019 $4,292 $127,100 $15,300 $111,800
2018 $4,152 $127,100 $15,300 $111,800
2017 $3,984 $127,100 $15,300 $111,800
2016 $3,627 $127,100 $15,300 $111,800
2015 $3,531 $127,100 $15,300 $111,800
2014 $3,541 $127,100 $15,300 $111,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002894036

Bright MLS

APN: 11-049.00-089