NOT LISTED FOR SALE

500 Piney Creek Ln North East, MD 21901

Estimated Value: $3,164,000 - $3,781,000

5 Beds
5 Baths
5,820 Sq Ft
$607/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $3,625,000 $623 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $20,354/month

86 Days on Market

Highlights

  • 3,000 Feet of Waterfront
  • Horses Allowed On Property
  • Private Pool
  • Private Beach
  • Greenhouse
  • Second Garage

About This Home

As of October 2024

Piney Creek is a 71 acre oasis near the headwaters of the Chesapeake Bay at the confluence of the Elk and Bohemia Rivers near the waterfront village of North East in the county of Cecil. The early 1900s brick and frame 1 1/2 story home consists of approximately 5000 sq. ft. that has gone through a tasteful makeover top to bottom. Highlighted by beautiful random width flooring throughout much of the first floor, beamed ceilings, a fabulous chefs kitchen with top of the line appliances and numerous fireplaces adorn this warm and inviting home. The Great Room, with its baroque style and water views, features lovely wood floors, fireplace and loft (which would make for a private reading/writing or work space). There are four first floor bedrooms with water views, 2 full and 2 half baths, while the Primary Bedroom on the second floor has a full bath, sitting room and a fantastic spacious balcony overlooking the water. Additionally, the home features a sauna, a pool overlooking the water, a stocked fishing and hunting pond, a total of 10 garage bays, and approximately 3000' of waterfrontage to watch the boats, large and small, sail by.
Please see list of completed upgrades and renovations in documents. A fantastic, private, well maintained waterfront estate.
A Must See for the most discerning of buyers.
Any inspections are for informational purposes only.

Last Agent to Sell the Property

A. John Price

Patterson-Schwartz Real Estate License #RSR002189 Listed on: 06/21/2024

Last Buyer's Agent

Melissa Yancavage

Keller Williams Real Estate -Exton License #5019001

Keller Williams Real Estate -Exton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,933

Year Built

  • Built in 1938 | Remodeled in 2006

Lot Details

  • 71.03 Acre Lot
  • 3,000 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach
  • Property is zoned NORTH AGR-RES

Parking

  • 10 Garage Spaces | 2 Attached and 8 Detached
  • Second Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • A-Frame Home
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction

Interior Spaces

  • Property has 1.5 Levels
  • 5 Fireplaces
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Outdoor Features

  • Private Pool
  • Water Access
  • River Nearby
  • Greenhouse
  • Outdoor Storage
  • Brick Porch or Patio

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0805104394

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,933

Year Built

Built in 1938 | Remodeled in 2006

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: A-Frame
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1938
  • Year Renovated: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: Piney Creek is a 71 acre oasis near the headwaters of the Chesapeake Bay at the confluence of the Elk and Bohemia Rivers near the waterfront village of North East in the county of Cecil. The early 1900s brick and frame 1 1/2 story home consists of approximately 5000 sq. ft. that has gone through a tasteful makeover top to bottom. Highlighted by beautiful random width flooring throughout much of the first floor, beamed ceilings, a fabulous chefs kitchen with top of the line appliances and numerous fireplaces adorn this warm and inviting home. The Great Room, with its baroque style and water views, features lovely wood floors, fireplace and loft (which would make for a private reading/writing or work space). There are four first floor bedrooms with water views, 2 full and 2 half baths, while the Primary Bedroom on the second floor has a full bath, sitting room and a fantastic spacious balcony overlooking the water. Additionally, the home features a sauna, a pool overlooking the water, a stocked fishing and hunting pond, a total of 10 garage bays, and approximately 3000' of waterfrontage to watch the boats, large and small, sail by. Please see list of completed upgrades and renovations in documents. A fantastic, private, well maintained waterfront estate. A Must See for the most discerning of buyers. Any inspections are for informational purposes only.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 5
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1.5
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 5820
  • Living Area Sq Ft: 5820
  • Price Per Sq Ft: 844.16
  • Above Grade Finished Sq Ft: 4620
  • Below Grade Finished Sq Ft: 1200
  • Total Below Grade Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 500

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 4.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd Garage, Garage(s), Greenhouse
  • Construction Materials: Brick, Frame
  • Exterior Features: Private Beach, Secure Storage
  • Water Access: Yes
  • Water Body Name: Elk River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: No
  • Water Frontage In Feet: 3000

Garage/Parking

  • Garage Spaces: 10.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 8
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Attached Garage, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • 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: CECIL COUNTY PUBLIC SCHOOLS
  • School District Key: 121139799812
  • School District Source: Listing Agent

Lot Info

  • Horses: Yes
  • Horse Amenities: Horses Allowed
  • Land Lease: No
  • Lot Size Acres: 71.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3094067.00
  • Outdoor Living Structures: Patio(s), Porch(es), Brick
  • Year Assessed: 2024
  • Zoning: NORTH AGR-RES
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12933.00
  • Assessor Parcel Number: 0805104394
  • Tax Year: 2023
  • Close Date: 10/18/2024

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Oct 18, 2024
Sold by
Piney Creek Farm Llc
Bought by
500 Piney Creek Farm Llc
Seller's Agent
A. John Price
Patterson-Schwartz Real Estate
Buyer's Agent
Melissa Yancavage
Keller Williams Real Estate -Exton
List Price
$4,500,000
Sold Price
$3,625,000
Premium/Discount to List
-$875,000
-19.44%
Views
171
Current Estimated Value
$3,532,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$92,517
Avg. Annual Appreciation
-2.93%

Purchase Details

Listed on
May 14, 2015
Closed on
Dec 14, 2015
Sold by
Kamihachi James D and Kamihachi Louise Henry
Bought by
Piney Creek Farm Llc
Seller's Agent
Diane Murphy
TTR Sotheby's International Realty
Buyer's Agent
Diane Murphy
TTR Sotheby's International Realty
List Price
$2,499,000
Sold Price
$1,400,000
Premium/Discount to List
-$1,099,000
-43.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%

Purchase Details

Closed on
Oct 18, 2012
Sold by
Kamihachi James D and Kamihachi Louise H
Bought by
Caso Jeffrey S and Caso Lynn Ann

Purchase Details

Closed on
Feb 22, 2010
Sold by
Kamihachi James D and Kamihachi Louise H
Bought by
Nicolois Peter and Nicolois Johanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
4.79%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 24, 2006
Sold by
Kamihachi James D and Kamihachi Louise H
Bought by
Kamihachi James D and Kamihachi Louise Henry

Purchase Details

Closed on
Apr 21, 2006
Sold by
Kamihachi James D and Kamihachi Louise H
Bought by
Kamihachi James D and Kamihachi Louise Henry

Purchase Details

Closed on
Jan 10, 2000
Sold by
Kamihachi James D and Kamihachi Louise H
Bought by
Kamihachi James D and Kamihachi Louise H
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
500 Piney Creek Farm Llc $3,625,000 Chicago Title
Piney Creek Farm Llc $1,400,000 Attorney
Kamihachi James D -- Attorney
Caso Jeffrey S $625,000 Kirsh Title Services Inc
Nicolois Peter $732,500 --
Kamihachi James D -- --
Kamihachi James D -- --
Kamihachi James D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Piney Creek Farm Llc $2,630,000
Previous Owner Piney Creek Farm Llc $1,120,000
Previous Owner Kamihachi James D $875,000
Previous Owner Kamihachi James D $200,000
Previous Owner Kamihachi James D $350,000
Previous Owner Kamihachi James D $525,000
Previous Owner Kamihachi James D $500,000
Previous Owner Kamihachi James D $400,000
Closed Kamihachi James D --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $3,625,000 0.0% $623 / Sq Ft
10/18/2024 10/18/24 Sold $3,625,000 -7.1% $623 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
09/15/2024 09/15/24 Pending -- -- --
08/30/2024 08/30/24 Price Changed $3,900,000 0.0% $670 / Sq Ft
08/30/2024 08/30/24 Price Changed $3,900,000 -13.3% $670 / Sq Ft
06/21/2024 06/21/24 For Sale $4,500,000 0.0% $773 / Sq Ft
06/13/2024 06/13/24 For Sale $4,500,000 +221.4% $773 / Sq Ft
12/14/2015 12/14/15 Sold $1,400,000 -30.0% $256 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
07/10/2015 07/10/15 Price Changed $1,999,000 -20.0% $366 / Sq Ft
05/14/2015 05/14/15 For Sale $2,499,000 -- $458 / 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 $15,069 $1,371,400 $0 $0
2024 $13,942 $1,268,500 $0 $0
2023 $12,933 $1,165,600 $452,100 $713,500
2022 $13,026 $1,151,167 $0 $0
2021 $13,018 $1,136,733 $0 $0
2020 $13,005 $1,122,300 $452,100 $670,200
2019 $12,537 $1,081,733 $0 $0
2018 $12,069 $1,041,167 $0 $0
2017 $11,601 $1,000,600 $0 $0
2016 $11,037 $998,033 $0 $0
2015 $11,037 $995,467 $0 $0
2014 $12,376 $992,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A. John Price

    Seller's Agent in 2024

    A. John Price

    Patterson-Schwartz Real Estate

    (302) 378-1979

    3 in this area

    46 Total Sales

    A. John Price
    Section Image

  • M

    Buyer's Agent in 2024

    Melissa Yancavage

    Keller Williams Real Estate -Exton

    7 in this area

    12 Total Sales

    Melissa Yancavage
    Section Image
  • Diane Murphy

    Seller's Agent in 2015

    Diane Murphy

    TTR Sotheby's International Realty

    (703) 408-1152

    56 Total Sales

    Diane Murphy
    Section Image

  • K

    Seller Co-Listing Agent in 2015

    Kim Speed

    TTR Sotheby's International Realty

    Section Image
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Map

Source: Bright MLS

MLS Number: MDCC2013390

Bright MLS

APN: 05-104394

Maryland Cecil County North East 21901

500 Piney Creek Ln, North East, MD

This home is located at 500 Piney Creek Ln, North East, MD 21901 since 21 June 2024 and is currently estimated at $3,532,483, approximately $606 per square foot. This property was built in 1938. 500 Piney Creek Ln is a home located in Cecil County with nearby schools including North East Elementary School, North East Middle School, and North East High School.

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