NOT LISTED FOR SALE

502 Rowland Dr Port Deposit, MD 21904

Estimated Value: $282,000 - $326,000

3 Beds
2 Baths
1,016 Sq Ft
$334/mo HOA Fee

Last Sold June 15, 2022

Last sale price $320,000 $315 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,204/month

Highlights

  • 40 Feet of Waterfront
  • Private Water Access
  • Deck
  • 1 Dock Slip
  • Clubhouse
  • Contemporary Architecture

About This Home

As of June 2022

This first floor, one level, 3 bed, 2 bath condo with 40’ boat slip and direct garage access in Tome’s Landing is a rare find!

It offers stunning sunset views over the Susquehanna River, as well as direct access to the deck from both the Master Bedroom and open concept living space. The living space contains a built in dry bar for enjoying a beverage while taking in the views as well as upgraded corian countertops throughout, new neutral carpet, and a surround sound system. Also brand new is the full HVAC system (2021) and water heater (2022). Note that the land across the river is a State Park so will not be developed.

Additional well thought out features include 2 additional master bedroom closets; extra shelving in closets, rooms, stairwell and garage; garage has a wooden deck to allow install of the a hot tub or for added storage; sliding glass door in master bedroom (installed 2006) instead of basic window and black top in garage (installed 2014). Private parking includes the one car garage plus one additional spot in front. Additional spaces are reserved for condo owners only.

Tome’s Landing has a $333.59 monthly condo fee which covers water, trash, landscaping, snow removal, private clubhouse with kitchen area and restrooms (access from street and pool), private outdoor swimming pool (seasonal), building insurance including main flood policy (not homeowners), yearly pressure washing and exterior maintenance (roof, siding, decks). Note that the full exterior with replaced via $41,000 special assessment in 2005-2006 to be low maintenance: complete front wall and all windows, new garage wall and stone effect facade to the rear. The decks are currently being replaced on all building (300 complete) with building 500 currently slated for 2023.

Sale includes a 40’ boat slip within direct view from the condo deck. Lifts are allowed to be installed into the slip if preferred (buyer to verify with TLYC). Tome’s Landing Yacht Club has approximately $300 monthly fees, as well as a quarterly assessment through 2026 of $204.45 from rebuild in 1996. Fees cover slip and common area maintenance including current renovation of the attenuator, as well as water connection at slip (electric available but billed separately).

Back left bedroom furniture (trundle bed, 2 armoires, dresser) included in sale. Come check out all the great features this property has in person!

Last Agent to Sell the Property

Carolyn Quelly

Integrity Real Estate License #APP-000062765 Listed on: 04/23/2022

Integrity Real Estate

Co-Listed By

Ashley Yerkes

Integrity Real Estate License #5010243

Last Buyer's Agent

Alice Stewart

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,801

Year Built

  • Built in 1993

Lot Details

  • 40 Feet of Waterfront
  • Home fronts navigable water
  • Landscaped

HOA Fees

  • $334 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Parking Storage or Cabinetry

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Vinyl Siding

Interior Spaces

  • 1,016 Sq Ft Home
  • Property has 1 Level
  • Water Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Private Water Access
  • River Nearby
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 502
  • Assessor Parcel Number 0807042264

Community Details

Overview

  • Association fees include common area maintenance, pool(s), snow removal, trash, taxes, water, sewer
  • $368 Other Monthly Fees
  • Low-Rise Condominium
  • Tome’S Landing Condos
  • Tomes Landing Community
  • Tomes Landing Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,801

Year Built

Built in 1993

Lot Details

0

HOA Fees

$334 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-04-23
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Remarks Public: This first floor, one level, 3 bed, 2 bath condo with 40’ boat slip and direct garage access in Tome’s Landing is a rare find! It offers stunning sunset views over the Susquehanna River, as well as direct access to the deck from both the Master Bedroom and open concept living space. The living space contains a built in dry bar for enjoying a beverage while taking in the views as well as upgraded corian countertops throughout, new neutral carpet, and a surround sound system. Also brand new is the full HVAC system (2021) and water heater (2022). Note that the land across the river is a State Park so will not be developed. Additional well thought out features include 2 additional master bedroom closets; extra shelving in closets, rooms, stairwell and garage; garage has a wooden deck to allow install of the a hot tub or for added storage; sliding glass door in master bedroom (installed 2006) instead of basic window and black top in garage (installed 2014). Private parking includes the one car garage plus one additional spot in front. Additional spaces are reserved for condo owners only. Tome’s Landing has a $333.59 monthly condo fee which covers water, trash, landscaping, snow removal, private clubhouse with kitchen area and restrooms (access from street and pool), private outdoor swimming pool (seasonal), building insurance including main flood policy (not homeowners), yearly pressure washing and exterior maintenance (roof, siding, decks). Note that the full exterior with replaced via $41,000 special assessment in 2005-2006 to be low maintenance: complete front wall and all windows, new garage wall and stone effect facade to the rear. The decks are currently being replaced on all building (300 complete) with building 500 currently slated for 2023. Sale includes a 40’ boat slip within direct view from the condo deck. Lifts are allowed to be installed into the slip if preferred (buyer to verify with TLYC). Tome’s Landing Yacht Club has approximately $300 monthly fees, as well as a quarterly assessment through 2026 of $204.45 from rebuild in 1996. Fees cover slip and common area maintenance including current renovation of the attenuator, as well as water connection at slip (electric available but billed separately). Back left bedroom furniture (trundle bed, 2 armoires, dresser) included in sale. Come check out all the great features this property has in person!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1016
  • Living Area Sq Ft: 1016
  • Price Per Sq Ft: 285.33
  • Above Grade Finished Sq Ft: 1016
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • View: Water
  • Water Access Features: Boat - Powered, Private Access
  • Water Access: Yes
  • Water Body Name: SUSQUEHANNA
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 40

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Additional Storage Area, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 333.59
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Tome’s Landing
  • HOA Condo Co-Op Amenities: Club House, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Snow Removal, Trash, Taxes, Water, Sewer
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 368.15
  • Other Fees Frequency: Monthly

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 88000.00
  • Land Assessed Value: 59000.00
  • Land Use Code: U
  • Lot Features: Landscaping
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2022
  • Zoning: M
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4477791
  • Tax Annual Amount: 2801.00
  • Assessor Parcel Number: 0807042264
  • Tax Lot: 502
  • Tax Page Number: 739
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/15/2022

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2022
Closed on
Jun 15, 2022
Sold by
Green Lawrence D
Bought by
Deberdine Michael F
Seller's Agent
Carolyn Quelly
Integrity Real Estate
Buyer's Agent
Alice Stewart
Coldwell Banker Realty
List Price
$289,900
Sold Price
$320,000
Premium/Discount to List
$30,100
10.38%
Current Estimated Value
$297,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,302
Avg. Annual Appreciation
-0.67%

Purchase Details

Closed on
Feb 1, 2005
Sold by
Wilkinson William D
Bought by
Green Lawrence D and Green Joanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2005
Sold by
Wilkinson William D and Mckissick Helen L
Bought by
Green Lawrence D and Green Joanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2003
Sold by
Franklin Douglas G
Bought by
Wilkinson William D and Mckissick Helen L

Purchase Details

Closed on
Jun 29, 2001
Sold by
Appleton Gerry T and Appleton Patricia L
Bought by
Franklin Douglas G
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
Deberdine Michael F $320,000 Hill Joe E
Green Lawrence D $260,000 --
Green Lawrence D $260,000 The Security Title Guarantee
Wilkinson William D $230,000 --
Franklin Douglas G $173,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Lawrence D $182,919
Previous Owner Green Lawrence D $208,000
Closed Franklin Douglas G --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $320,000 +10.4% $315 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $289,900 -- $285 / 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 $3,403 $215,667 $0 $0
2024 $2,913 $181,333 $0 $0
2023 $2,420 $147,000 $59,000 $88,000
2022 $1,656 $147,000 $59,000 $88,000
2021 $1,622 $147,000 $59,000 $88,000
2020 $2,458 $147,000 $59,000 $88,000
2019 $2,458 $144,667 $0 $0
2018 $2,419 $142,333 $0 $0
2017 $2,316 $140,000 $0 $0
2016 $2,315 $140,000 $0 $0
2015 $2,315 $140,000 $0 $0
2014 $2,989 $145,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC2004526

Bright MLS

APN: 07-042264