F
Seller's Agent in 2016
Flo Bailey
Long & Foster
Estimated Value: $51,000 - $61,000
0.48
Acre
$116,667
Price per Acre
20,909
Sq Ft Lot
Highlights
- 68 Feet of Waterfront
- Private Beach
- Lake Privileges
- Beach
- Water Oriented
- Community Lake
About This Lot
As of December 2016Nice wooded lot on Drum Point Lake has a gentle slope to the lake. Lot has been perced in the past but would need to be reperced. Lot is very close to the main community beach for Drum Point on the Chesapeake Bay. Drum Point is less than 10 minutes from Rt. 2/4 & close to PAXNAVAIR, Calvert Cliffs, Cove Point LNG plant and a great area for everyone. Price is negotiable.
Last Agent to Sell the Property
Flo Bailey
flo.bailey@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 07/22/2016
Last Buyer's Agent
Flo Bailey
flo.bailey@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 07/22/2016
Property Details
Property Type
- Land
Lot Details
- 0.48 Acre Lot
- 68 Feet of Waterfront
- Private Beach
- Wooded Lot
- No Building Permits
HOA Fees
- $13 Monthly HOA Fees
Schools
- Dowell Elementary School
- Mill Creek Middle School
- Patuxent High School
Additional Features
- Water Views
- No Septic System
Listing and Financial Details
- Tax Lot 24
- Assessor Parcel Number 0501061941
Community Details
Overview
- Association fees include snow removal
- Drum Point Subdivision
- Community Lake
Recreation
- Beach
- Water Oriented
- Property is near a lake
- Canoe or Kayak Water Access
- Swimming Allowed
- 3 Non-Powered Boats Permitted
- Lake Privileges
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2016
Closed on
Dec 8, 2016
Sold by
Appel Robert L and Appel Alfreda Joanne
Bought by
Ritzel Dennis A and Ritzel Margaret A
Seller's Agent
Flo Bailey
Long & Foster Real Estate, Inc.
Buyer's Agent
Flo Bailey
Long & Foster Real Estate, Inc.
List Price
$35,000
Sold Price
$29,500
Premium/Discount to List
-$5,500
-15.71%
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
$26,500
Avg. Annual Appreciation
7.29%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ritzel Dennis A | $29,500 | Brennan Title Abstract |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/08/2016 12/08/16 | Sold | $29,500 | -15.7% | -- |
| 10/18/2016 10/18/16 | Pending | -- | -- | -- |
| 07/22/2016 07/22/16 | For Sale | $35,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,231 | $97,900 | $97,900 | $0 |
| 2024 | $1,231 | $97,900 | $97,900 | $0 |
| 2023 | $1,192 | $97,900 | $97,900 | $0 |
| 2022 | $1,017 | $97,900 | $97,900 | $0 |
| 2021 | $1,192 | $97,900 | $97,900 | $0 |
| 2020 | $1,137 | $97,900 | $97,900 | $0 |
| 2019 | $1,027 | $97,900 | $97,900 | $0 |
| 2018 | $1,027 | $97,900 | $97,900 | $0 |
| 2017 | $1,157 | $97,900 | $0 | $0 |
| 2016 | -- | $97,900 | $0 | $0 |
| 2015 | $1,207 | $97,900 | $0 | $0 |
| 2014 | $1,207 | $97,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Bright MLS
MLS Number: 1003906459
APN: 01-061941
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