NOT LISTED FOR SALE

506 Bayside Dr Stevensville, MD 21666

Estimated Value: $1,199,000 - $1,915,000

5 Beds
5.5 Baths
5,570 Sq Ft
$290/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $1,015,000 $182 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $9,582/month

27 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Parking available for a boat
  • Fishing Allowed
  • Matapeake Elementary School Rated A-
  • Private Pool
  • Bay View

About This Home

As of April 2021

HUGE PRICE REDUCTION. Pre-foreclosure sale! This is your chance at an amazing deal! Don't miss out! Beautiful and Spacious Waterfront Home on Large Lot with 5800sf Open Floor Plan, Breathtaking Views of Chesapeake Bay and Bay Bridge, 2 Master Suites Plus In Law Quarters/Huge Bonus Room. Spacious Bedrooms and Bathrooms, Walk-in closets, Soaring Ceilings in Great Room, Hardwood Floors! Enjoy 150' of Water frontage! 6 car garage is approx 1400sf! Private 80' Pier. Come relax in your waterfront pool and enjoy the spectacular sunsets! Basement area for utilities and storage! Virtual floorplan is available. OPEN HOUSE SUNDAY 1/26/20, 1-3 or by private appointment.

Last Agent to Sell the Property

Sandy Wing

(301) 938-3667 Sandy@myleadingedge.com RE/MAX Leading Edge Listed on: 01/16/2020

RE/MAX Leading Edge

Last Buyer's Agent

Ken Tran

(240) 888-5888 kentran888@gmail.com EXP Realty, LLC License #633715

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,687

Year Built

  • Built in 1980

Lot Details

  • 0.67 Acre Lot
  • 150 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned NC-20

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 6 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Parking available for a boat
  • Secure Parking

Home Design

  • Contemporary Architecture
  • Bump-Outs
  • Studio
  • Brick Exterior Construction
  • Composite Building Materials

Interior Spaces

  • 5,570 Sq Ft Home
  • Property has 2 Levels
  • Crown Molding
  • Beamed Ceilings
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • 3 Fireplaces
  • Window Treatments
  • Family Room Off Kitchen
  • Open Floorplan
  • Bay Views
  • Laundry on main level
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Home Security

  • Fire and Smoke Detector
  • Flood Lights

Outdoor Features

  • Private Pool
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Rip-Rap
  • Powered Boats Permitted
  • Exterior Lighting

Schools

  • Matapeake Elementary And Middle School
  • Kent Island High School

Utilities

  • Central Air
  • Heat Pump System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Owned Propane
  • Propane
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 04-013166

Community Details

Overview

  • Bay City HOA
  • Bay City Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,687

Year Built

Built in 1980

Lot Details

0

HOA Fees

$8 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Washers, Dryers, Fridge on 2nd Level, 4 Boat-Lifts, Garage fireplaces.
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Special Features: 4108
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Store/Office, Studio, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Beamed Ceilings, Dry Wall, Tray Ceilings
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 5570
  • Living Area Sq Ft: 5570
  • Price Per Sq Ft: 188.51
  • Above Grade Finished Sq Ft: 5570
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Brick, Composition, Concrete
  • Exterior Features: Boat Storage, Bump-Outs, Exterior Lighting, Flood Lights
  • View: Water, Bay
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Name: Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 150

Garage/Parking

  • Garage Spaces: 6.00
  • Garage: Yes
  • Parking Features: Secure Parking
  • Garage Features: Covered Parking, Garage Door Opener
  • Attached Garage Spaces: 6
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Owned
  • Heating Type: Heat Pump(s), Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Fire Detection System, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Cable Tv Available, Electric Available, Phone Available, Propane
  • Water Source: Public
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: BAY CITY
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: MATAPEAKE
  • High School: KENT ISLAND
  • Middle Or Junior School: MATAPEAKE

Lot Info

  • Improvement Assessed Value: 580100.00
  • Land Assessed Value: 578700.00
  • Lot Size Acres: 0.67
  • Lot Dimensions: x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29100.00
  • Zoning: NC-20
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4519504
  • Tax Annual Amount: 11687.00
  • Assessor Parcel Number: 04-013166
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Rip-Rap

MLS Schools

  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Apr 16, 2021
Sold by
Porter Benjamin and Porter Kathy
Bought by
Nguyen Tom and Nguyen Ngoe Mai
Seller's Agent
Sandy Wing
RE/MAX Leading Edge
Buyer's Agent
Ken Tran
EXP Realty, LLC
List Price
$1,050,000
Sold Price
$1,015,000
Premium/Discount to List
-$35,000
-3.33%
Current Estimated Value
$1,617,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,106
Avg. Annual Appreciation
10.56%

Purchase Details

Closed on
Mar 9, 2004
Sold by
Choi Sang K
Bought by
Porter Benjamin and Porter Kathy

Purchase Details

Closed on
Jan 16, 1992
Sold by
Brown Donald E
Bought by
Choi Sang K and Choi Young H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
8.23%

Purchase Details

Closed on
May 25, 1988
Sold by
Gill Angela E and Gill Joyce J
Bought by
Brown Donald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
10.52%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nguyen Tom $1,015,000 None Available
Porter Benjamin $795,000 --
Choi Sang K $355,000 --
Brown Donald E $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Choi Sang K $284,000
Previous Owner Brown Donald E $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $1,015,000 -3.3% $182 / Sq Ft
01/12/2021 01/12/21 Price Changed $1,050,000 -16.0% $189 / Sq Ft
12/14/2020 12/14/20 Price Changed $1,250,000 +19.0% $224 / Sq Ft
05/12/2020 05/12/20 For Sale $1,050,000 +3.4% $189 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
02/11/2020 02/11/20 Off Market $1,015,000 -- --
01/29/2020 01/29/20 Price Changed $1,050,000 -4.5% $189 / Sq Ft
01/23/2020 01/23/20 Price Changed $1,100,000 -4.3% $197 / Sq Ft
01/16/2020 01/16/20 For Sale $1,150,000 -- $206 / 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 $12,811 $1,359,933 $0 $0
2024 $11,863 $1,259,367 $0 $0
2023 $10,916 $1,158,800 $578,700 $580,100
2022 $10,916 $1,158,800 $578,700 $580,100
2021 $11,688 $1,158,800 $578,700 $580,100
2020 $11,688 $1,218,600 $499,200 $719,400
2019 $2,571 $1,218,600 $499,200 $719,400
2018 $11,688 $1,218,600 $499,200 $719,400
2017 $12,282 $1,280,600 $0 $0
2016 -- $1,280,600 $0 $0
2015 $5,952 $1,280,600 $0 $0
2014 $5,952 $1,468,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA142642

Bright MLS

APN: 04-013166