NOT LISTED FOR SALE

48 Tower Point Rd Chesapeake City, MD 21915

Estimated Value: $469,602 - $672,000

3 Beds
2.5 Baths
1,971 Sq Ft
$276/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $303,000 $154 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,248/month

7 Days on Market

Highlights

  • Home fronts navigable water
  • Sandy Beach
  • Stream or River on Lot
  • Water Access
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of May 2016

Beautiful home in Chesapeake City with water access and close to several marinas. Finished basement and updated kitchen with granite counter tops and stainless appliances. Master bedroom on main level with master bath with separate shower and jetted tub. Private yard backing to woods. Minutes from Chesapeake City restaurants and close to Middle town for tax free shopping! !

Last Agent to Sell the Property

Kristin Lewis

Integrity Real Estate Listed on: 04/13/2016

Integrity Real Estate

Last Buyer's Agent

Kristin Lewis

Integrity Real Estate Listed on: 04/13/2016

Integrity Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,515

Year Built

  • Built in 1998

Lot Details

  • 0.75 Acre Lot
  • Home fronts navigable water
  • Sandy Beach
  • Property is in very good condition
  • Property is zoned RR

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Wood Flooring
  • ENERGY STAR Qualified Washer

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • River Nearby
  • Stream or River on Lot
  • Shed

Schools

  • Chesapeake City Elementary School
  • Bohemia Manor Middle School
  • Bohemia Manor High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Tower Point Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 33
  • Assessor Parcel Number 0802029189

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,515

Year Built

Built in 1998

Lot Details

0

HOA Fees

$21 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1998
  • Remarks Public: Beautiful home in Chesapeake City with water access and close to several marinas. Finished basement and updated kitchen with granite counter tops and stainless appliances. Master bedroom on main level with master bath with separate shower and jetted tub. Private yard backing to woods. Minutes from Chesapeake City restaurants and close to Middle town for tax free shopping! !
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Energy Star Refrigerator, Energy Star Dishwasher, Energy Star Clothes Washer, Cooktop, Microwave, Water Heater
  • Interior Amenities: Kitchen - Table Space, Family Room Off Kitchen, Combination Kitchen/Living, Primary Bath(s), Upgraded Countertops, Window Treatments, Wood Floors
  • Fireplace: No
  • Levels Count: 3+
  • Room List: In-Law/AuPair/Suite
  • Basement: Yes
  • Basement Type: Full, Heated, Improved, Partially Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 48

Beds/Baths

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

Exterior Features

  • Other Structures: Shed
  • Other Structures List: Shed
  • Construction Materials: Wood Siding
  • Pool Private: No
  • Water Access: Yes
  • Water Body Name: ELK RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • Elementary School: CHESAPEAKE CITY
  • Middle School: BOHEMIA MANOR
  • High School: BOHEMIA MANOR
  • School District Key: 121139799812
  • Elementary School: CHESAPEAKE CITY
  • High School: BOHEMIA MANOR
  • Middle Or Junior School: BOHEMIA MANOR

Lot Info

  • Improvement Assessed Value: 114800.00
  • Land Assessed Value: 111300.00
  • Lot Size Acres: 0.75
  • Lot Size Area: 32670
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32670.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4446276
  • Tax Annual Amount: 2515.26
  • Assessor Parcel Number: 0802029189
  • Tax Lot: 33
  • Tax Total Finished Sq Ft: 1971
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 05/27/2016

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 3
  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2016
Closed on
May 27, 2016
Sold by
Wilson Curtis N and Wilson Dannon
Bought by
Zelinsky Emily J and Zelinsky Jamie S
Seller's Agent
Kristin Lewis
Integrity Real Estate
Buyer's Agent
Kristin Lewis
Integrity Real Estate
List Price
$299,999
Sold Price
$303,000
Premium/Discount to List
$3,001
1%
Current Estimated Value
$544,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,901
Avg. Annual Appreciation
5.92%
Original Mortgage
$297,511
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2007
Sold by
Geoghegan Rick R
Bought by
Wilson Curtis N and Wilson Dannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,170
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2007
Sold by
Geoghegan Rick R
Bought by
Wilson Curtis N and Wilson Dannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,170
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2004
Sold by
Wm Specialty Mortgage Llc
Bought by
Geoghegan Rick R

Purchase Details

Closed on
Jun 28, 2004
Sold by
Hawkins Stephen W and Hawkins Alison W
Bought by
Wm Specialty Mortgage Llc

Purchase Details

Closed on
Jun 10, 1997
Sold by
Rosato Antonio P Mary E
Bought by
Hawkins Stephen W and Hawkins Alison W
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
Zelinsky Emily J $303,000 Kirsh Title Services Inc
Wilson Curtis N $285,000 --
Wilson Curtis N $285,000 --
Geoghegan Rick R $208,446 --
Wm Specialty Mortgage Llc $142,000 --
Hawkins Stephen W $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zelinsky Emily J $279,000
Closed Zelinsky Emily J $297,511
Previous Owner Wilson Curtis N $283,747
Previous Owner Wilson Curtis N $284,385
Previous Owner Wilson Curtis N $282,170
Previous Owner Wilson Curtis N $282,170
Previous Owner Geoghegan Richard F $50,000
Closed Geoghegan Rick R --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $303,000 +1.0% $154 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $299,999 -- $152 / 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 $3,367 $343,300 $0 $0
2024 $2,886 $326,100 $101,300 $224,800
2023 $2,444 $315,733 $0 $0
2022 $3,085 $305,367 $0 $0
2021 $3,023 $295,000 $101,300 $193,700
2020 $2,911 $272,033 $0 $0
2019 $2,787 $249,067 $0 $0
2018 $2,668 $226,100 $111,300 $114,800
2017 $2,668 $226,100 $0 $0
2016 $2,575 $226,100 $0 $0
2015 $2,575 $228,100 $0 $0
2014 $2,629 $228,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001671699

Bright MLS

APN: 02-029189