NOT LISTED FOR SALE

481 Budds Landing Rd Warwick, MD 21912

Estimated Value: $819,719 - $978,000

4 Beds
3.5 Baths
4,245 Sq Ft
$217/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $617,500 $145 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,611/month

144 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Water Access
  • 1 Dock Slip
  • Home fronts navigable water
  • Horses Allowed On Property

About This Home

As of September 2020

Leave the city and work from this beautiful classically designed, 5 bedroom, 3.5 bath, colonial home situated on 5 acres in Budds Landing! High speed internet available to accommodate any business application. Oak tree lined streets in the equestrian community gives a sense of luxury and prestige. As this home overlooks an equestrian preserve it promises stunning views and glorious sunsets. Positioned in a private and pastoral setting, yet super convenient to Rt. 301 and the booming West Town area of Middletown, DE. Every level of this exceptional four-story home is gracefully laid out and is equipped with an abundance of storage. Culinary enthusiasts will appreciate the well-appointed gourmet kitchen with granite countertops and top-notch appliances. Expansive family room looks on to a lovely deck with hardscaped back yard, making entertaining easy with great flow to indoor and outdoor spaces. Cozy up in front of the fire place inside or out! Take a walk or ride your horse on the miles of walking trails and open spaces. Enjoy water views at your community dock on the Sassafras River, or better yet, bring your boat!

Last Agent to Sell the Property

Lori Willis

Cross Street Realtors LLC License #622618 Listed on: 03/06/2020

Last Buyer's Agent

Andrew Pallante

Compass License #2081463

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,525

Year Built

  • Built in 2004

Lot Details

  • 5 Acre Lot
  • Home fronts navigable water
  • East Facing Home
  • Split Rail Fence
  • Wood Fence
  • Property is in very good condition
  • Property is zoned RR

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Side Facing Garage
  • Circular Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Asphalt Roof
  • Cement Siding
  • Stick Built Home

Interior Spaces

  • 4,245 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Marble Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Den
  • Bonus Room
  • Home Gym

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Commercial Range
  • Six Burner Stove
  • Built-In Range
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • ENERGY STAR Qualified Freezer
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Front Loading Dryer
  • ENERGY STAR Qualified Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Home Security

  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Water Access
  • River Nearby
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Deck
  • Outdoor Grill

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heat Pump System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Owned Propane
  • Vented Exhaust Fan
  • 220 Volts
  • Water Treatment System
  • 60 Gallon+ Propane Water Heater
  • Well
  • Water Conditioner is Owned
  • On Site Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 0801062115

Community Details

Overview

  • Budds Landing Subdivision Homeowners Association, Phone Number (609) 548-4266
  • Budds Landing Subdivision

Recreation

  • Boat Ramp
  • Pier or Dock
  • 1 Community Docks
  • Beach
  • Horse Trails
  • Jogging Path

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,525

Year Built

Built in 2004

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2020-03-06
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: Leave the city and work from this beautiful classically designed, 5 bedroom, 3.5 bath, colonial home situated on 5 acres in Budds Landing! High speed internet available to accommodate any business application. Oak tree lined streets in the equestrian community gives a sense of luxury and prestige. As this home overlooks an equestrian preserve it promises stunning views and glorious sunsets. Positioned in a private and pastoral setting, yet super convenient to Rt. 301 and the booming West Town area of Middletown, DE. Every level of this exceptional four-story home is gracefully laid out and is equipped with an abundance of storage. Culinary enthusiasts will appreciate the well-appointed gourmet kitchen with granite countertops and top-notch appliances. Expansive family room looks on to a lovely deck with hardscaped back yard, making entertaining easy with great flow to indoor and outdoor spaces. Cozy up in front of the fire place inside or out! Take a walk or ride your horse on the miles of walking trails and open spaces. Enjoy water views at your community dock on the Sassafras River, or better yet, bring your boat!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Central Vacuum, Commercial Range, Dishwasher, Dryer - Electric, Dryer - Front Loading, Energy Efficient Appliances, Energy Star Clothes Washer, Energy Star Dishwasher, Energy Star Freezer, Energy Star Refrigerator, Exhaust Fan, Extra Refrigerator/Freezer, Intercom, Oven - Single, Oven/Range - Gas, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer - Front Loading, Water Conditioner - Owned, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Central Vacuum, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Intercom, Kitchen - Gourmet, Primary Bath(s), Stall Shower, Tub Shower, Upgraded Countertops, Water Treat System, Wet/Dry Bar, Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane, Mantel(s), Marble
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings
  • Levels Count: 3
  • Room List: Dining Room, Kitchen, Foyer, Exercise Room, Great Room, Mud Room, Office, Bonus Room
  • Basement: Yes
  • Basement Type: Full, Partially Finished, Walkout Stairs
  • Laundry Type: Main Floor
  • Total Sq Ft: 4245
  • Living Area Sq Ft: 4245
  • Price Per Sq Ft: 149.59
  • Above Grade Finished Sq Ft: 4245
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 481

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cement Siding, Block, Stick Built
  • Exterior Features: Bbq Grill, Sidewalks
  • Road Surface Type: Paved
  • Roof: Asphalt
  • Spa: No
  • Water Access: Yes
  • Water Body Name: Sassafras River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Asphalt Driveway, Private
  • Garage Features: Garage - Front Entry, Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: 220 Volts
  • Heating Fuel: Propane - Owned, Electric
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Propane
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Intercom, Smoke Detector
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv, Electric Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • HOA Fees: 800.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Pier/Dock, Boat Ramp, Horse Trails, Jog/Walk Path
  • HOA Name: BUDDS LANDING SUBDIVISION HOMEOWNERS ASSOCIATION
  • HOA Phone: 609-548-4266
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • School District Key: 121139799812
  • School District Source: Listing Agent

Lot Info

  • Horses: Yes
  • Additional Parcels: No
  • Fencing: Split Rail, Wood
  • Horse Amenities: Horses Allowed, Horse Trails
  • Improvement Assessed Value: 338800.00
  • Land Assessed Value: 171500.00
  • Land Use Code: 110
  • Lot Size Acres: 5.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 217800.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: RR
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 4443443
  • Tax Annual Amount: 5525.00
  • Assessor Parcel Number: 0801062115
  • Tax Lot: 37
  • Tax Total Finished Sq Ft: 4245
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/01/2020

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Sep 1, 2020
Sold by
Bramble Richard S and Bramble Jill S
Bought by
Beck Rebecca A and Beck Joshua A
Seller's Agent
Lori Willis
Cross Street Realtors LLC
Buyer's Agent
Andrew Pallante
Compass
List Price
$675,000
Sold Price
$617,500
Premium/Discount to List
-$57,500
-8.52%
Current Estimated Value
$919,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,180
Avg. Annual Appreciation
8.13%

Purchase Details

Closed on
Jun 19, 2008
Sold by
Weichert Relocation Resources Inc
Bought by
Bramble Richard Scott and Bramble Jill Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2008
Sold by
Weichert Relocation Resources Inc
Bought by
Bramble Richard Scott and Bramble Jill Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2004
Sold by
Carpenter Curtis A
Bought by
Miller Mark E and Miller Clare G

Purchase Details

Closed on
Feb 21, 2003
Sold by
Bachmann Mark B and Bachmann Denise M
Bought by
Carpenter Curtis A
Source: Public Records

Range of Values:

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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
Beck Rebecca A $617,500 Real Estate Title & Escrow
Bramble Richard Scott $655,000 --
Weichert Relocation Resources Inc $707,500 --
Bramble Richard Scott $655,000 --
Weichert Relocation Resources Inc $707,500 --
Miller Mark E $682,000 --
Carpenter Curtis A $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beck Rebecca A $200,000
Previous Owner Bramble Richard Scott $355,990
Previous Owner Bramble Richard S $412,000
Previous Owner Weichert Relocation Resources Inc $417,000
Previous Owner Weichert Relocation Resources Inc $417,000
Closed Miller Mark E --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $617,500 -2.8% $145 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/24/2020 07/24/20 Price Changed $635,000 -1.7% $150 / Sq Ft
07/03/2020 07/03/20 Price Changed $646,000 -2.1% $152 / Sq Ft
06/16/2020 06/16/20 Price Changed $660,000 -2.2% $155 / Sq Ft
05/27/2020 05/27/20 Price Changed $675,000 0.0% $159 / Sq Ft
05/27/2020 05/27/20 For Sale $675,000 +9.3% $159 / Sq Ft
05/20/2020 05/20/20 Off Market $617,500 -- --
05/15/2020 05/15/20 Price Changed $685,000 +1.5% $161 / Sq Ft
04/27/2020 04/27/20 Price Changed $675,000 -3.3% $159 / Sq Ft
03/24/2020 03/24/20 Price Changed $698,000 -4.4% $164 / Sq Ft
03/06/2020 03/06/20 For Sale $730,000 -- $172 / 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 $6,110 $741,200 $171,500 $569,700
2023 $5,229 $664,233 $0 $0
2022 $6,072 $587,267 $0 $0
2021 $5,949 $510,300 $171,500 $338,800
2020 $5,736 $492,067 $0 $0
2019 $5,465 $473,833 $0 $0
2018 $5,315 $455,600 $171,500 $284,100
2017 $5,087 $455,600 $0 $0
2016 $5,315 $455,600 $0 $0
2015 $5,315 $476,600 $0 $0
2014 $5,392 $476,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC168196

Bright MLS

APN: 01-062115