Seller's Agent in 2019
James Slattery
Coldwell Banker Chesapeake Real Estate Company
(443) 786-0234
5 Total Sales
5009 Cherry Point Rd Woolford, MD 21677
Estimated Value: $695,000 - $994,000
7
Beds
6
Baths
3,544
Sq Ft
$254/Sq Ft
Est. Value
Highlights
- 1,200 Feet of Waterfront
- Physical Dock Slip Conveys
- Sandy Beach
- South Dorchester School Rated 10
- Guest House
- Tennis Courts
About This Home
As of February 2019A waterfront paradise consisting of 7+ acres, about 1200 feet of waterfront and two docks. The main house has 7 bedrooms and there are 4 rooms and a bath over the garage. Great for a family or company retreat. Also was a good rental property generating more than $60K per year. This is definitely a one of a kind waterfront property in Dorchester County.
Last Agent to Sell the Property
(410) 778-0330 jim@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company Listed on: 04/02/2018
Last Buyer's Agent
(410) 778-0330 jim@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company Listed on: 04/02/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,705
Year Built
- Built in 1919 | Remodeled in 1992
Lot Details
- 7.4 Acre Lot
- 1,200 Feet of Waterfront
- Sandy Beach
- Private Lot
- Property is in very good condition
Parking
- 2 Car Detached Garage
- Front Facing Garage
- Gravel Driveway
Home Design
- Colonial Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,544 Sq Ft Home
- Property has 2 Levels
- Traditional Floor Plan
- Dual Staircase
- Built-In Features
- Chair Railings
- 3 Fireplaces
- Wood Burning Stove
- Double Pane Windows
- Window Treatments
- Window Screens
- Sliding Doors
- Family Room
- Combination Kitchen and Living
- Dining Room
- Wood Flooring
- River Views
- Crawl Space
- Storm Doors
- Attic
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
Laundry
- Front Loading Dryer
- Washer
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Water Oriented
- River Nearby
- Physical Dock Slip Conveys
- Stream or River on Lot
- Tennis Courts
- Deck
- Screened Patio
- Shed
- Porch
Utilities
- Window Unit Cooling System
- Central Heating and Cooling System
- Heat Pump System
- Electric Baseboard Heater
- Propane
- Well
- Electric Water Heater
- Septic Tank
Additional Features
- Ramp on the main level
- Guest House
- Flood Risk
Community Details
- Property has a Home Owners Association
- Mckeil Pointe Subdivision
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 1016000884
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2018
Closed on
Feb 6, 2019
Sold by
Finlay Luke W and Finlay Susan W
Bought by
Cadden Allen William and Cadden Kathleen
Seller's Agent
James Slattery
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
James Slattery
Coldwell Banker Chesapeake Real Estate Company
List Price
$695,000
Sold Price
$550,000
Premium/Discount to List
-$145,000
-20.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,780
Avg. Annual Appreciation
7.18%
Original Mortgage
$440,000
Outstanding Balance
$386,839
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$512,941
Purchase Details
Closed on
Sep 24, 1992
Sold by
Mckeil Point Limited Partnership
Bought by
Finlay Luke W and Finlay Susan W
Purchase Details
Closed on
Mar 21, 1989
Sold by
Wallace Scott J
Bought by
Mckeil Point Limited Partnership
Purchase Details
Closed on
Nov 9, 1988
Sold by
Coffield Merritt C And
Bought by
Wallace Scott J
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cadden Allen William | $550,000 | Eastern Shore Title Co | |
| Finlay Luke W | $220,000 | -- | |
| Mckeil Point Limited Partnership | $2,500,000 | -- | |
| Wallace Scott J | $1,385,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cadden Allen William | $440,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/12/2019 02/12/19 | Sold | $550,000 | -7.6% | $155 / Sq Ft |
| 12/20/2018 12/20/18 | Pending | -- | -- | -- |
| 10/22/2018 10/22/18 | Price Changed | $595,000 | -10.5% | $168 / Sq Ft |
| 09/14/2018 09/14/18 | Price Changed | $665,000 | -4.3% | $188 / Sq Ft |
| 04/02/2018 04/02/18 | For Sale | $695,000 | -- | $196 / Sq Ft |
Source: Bright MLS
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 | $7,019 | $609,400 | $0 | $0 |
| 2024 | $6,027 | $573,000 | $0 | $0 |
| 2023 | $6,027 | $536,600 | $257,200 | $279,400 |
| 2022 | $5,880 | $523,367 | $0 | $0 |
| 2021 | $2,830 | $510,133 | $0 | $0 |
| 2020 | $5,586 | $496,900 | $260,400 | $236,500 |
| 2019 | $5,586 | $496,900 | $260,400 | $236,500 |
| 2018 | $5,593 | $496,900 | $260,400 | $236,500 |
| 2017 | $5,775 | $525,300 | $0 | $0 |
| 2016 | -- | $525,300 | $0 | $0 |
| 2015 | -- | $525,300 | $0 | $0 |
| 2014 | -- | $546,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
James Slattery
Map
Source: Bright MLS
MLS Number: 1000330142
APN: 16-000884
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