NOT LISTED FOR SALE

51 Tower Point Rd Chesapeake City, MD 21915

Estimated Value: $392,000 - $481,000

4 Beds
2.5 Baths
1,648 Sq Ft
$261/Sq Ft Est. Value

Last Sold August 21, 2012

Last sale price $220,000 $133 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,545/month

Highlights

  • Water Views
  • Private Beach
  • Wood Burning Stove
  • Home fronts navigable water
  • Water Access
  • Contemporary Architecture

About This Home

As of August 2012

Contemporary home in the community of Tower Point. Private large lot w/water rights on a beautiful section of the Elk River. Boat mooring transfers with property. Home needs finishing touches to make it your own. 2 BR & 1.5 BA on main floor, 2 BR and 1 BA on upper level. Large kitchen and inviting 1 1/2 story living room. Family room, laundry & shop. Country living w/water rights -A must see!

Last Agent to Sell the Property

Patricia Shores

(302) 437-4611 trish@shoresrealtor.com RE/MAX 1st Choice - Middletown Listed on: 03/28/2012

Last Buyer's Agent

Frances Colombo

(302) 285-5100 fcolombo@psre.com Patterson-Schwartz-Middletown

Patterson-Schwartz-Middletown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,414

Year Built

  • Built in 1987

Lot Details

  • 0.82 Acre Lot
  • Home fronts navigable water
  • Private Beach
  • Partially Fenced Property
  • Private Lot
  • Property is zoned RR

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Whole House Fan
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Stove
  • Bay Window
  • Family Room
  • Living Room
  • Workshop
  • Water Views
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Country Kitchen
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Primary Bedroom

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Workshop

Parking

  • Parking Space Number Location: 5+
  • Circular Driveway

Outdoor Features

  • Water Access
  • Mooring
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Storage Shed

Utilities

  • Cooling System Utilizes Bottled Gas
  • Heating Available
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • $21 Other Monthly Fees
  • Tower Point Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 15
  • Assessor Parcel Number 0802029227

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,414

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1987
  • Remarks Public: Contemporary home in the community of Tower Point. Private large lot w/water rights on a beautiful section of the Elk River. Boat mooring transfers with property. Home needs finishing touches to make it your own. 2 BR & 1.5 BA on main floor, 2 BR and 1 BA on upper level. Large kitchen and inviting 1 1/2 story living room. Family room, laundry & shop. Country living w/water rights -A must see!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Instant Hot Water
  • Interior Amenities: Kitchen - Country, Entry Level Bedroom, Recessed Lighting, Floor Plan - Traditional
  • Window Features: Bay/Bow
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Workshop, Attic
  • Basement: Yes
  • Basement Type: Sump Pump, Full, Heated, Partially Finished, Workshop
  • Living Area Units: Square Feet
  • Street Number Modifier: 51

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Wood Siding
  • Dock Type: Mooring
  • Construction Completed: No
  • Exterior Features: Private Beach
  • Roof: Asphalt
  • View: Water
  • Water Access: Yes
  • Water Body Name: ELK RIVER
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway
  • Parking Space Number Assigned: 5+
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s), Whole House Fan
  • Heating Fuel: Bottled Gas/Propane, Wood
  • Heating Type: Wood Burn Stove
  • Heating: Yes
  • Hot Water: Instant Hot Water
  • Security: Main Entrance Lock
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Other Fees: 250.00
  • Other Fees Frequency: Annually

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 106500.00
  • Land Assessed Value: 122900.00
  • Lot Features: Unrestricted, Private
  • Lot Size Acres: 0.82
  • Lot Size Area: 35937
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 35937.00
  • Year Assessed: 2011
  • Zoning: RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4446280
  • Tax Annual Amount: 2413.52
  • Assessor Parcel Number: 0802029227
  • Tax Lot: 15
  • Tax Total Finished Sq Ft: 1648
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 08/21/2012

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2012
Closed on
Aug 21, 2012
Sold by
Stair Robert C and Stair Maureen E
Bought by
Elmy Richard R and Rhodes Deborah L
Seller's Agent
Patricia Shores
RE/MAX 1st Choice - Middletown
Buyer's Agent
Frances Colombo
Patterson-Schwartz-Middletown
List Price
$250,000
Sold Price
$220,000
Premium/Discount to List
-$30,000
-12%
Current Estimated Value
$430,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,895
Avg. Annual Appreciation
5.25%
Original Mortgage
$22,000
Outstanding Balance
$15,187
Interest Rate
3.52%
Mortgage Type
Credit Line Revolving
Estimated Equity
$415,708

Purchase Details

Closed on
Nov 13, 2000
Sold by
Christ Barry B and Christ Patricia A
Bought by
Stair Robert C and Stair Maureen E

Purchase Details

Closed on
Oct 31, 1986
Sold by
Rowan George H and Rowan Janice H
Bought by
Christ Barry B and Christ Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
9.89%
Source: Public Records

Range of Values:

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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
Elmy Richard R $220,000 Kirsh Title Services Inc
Stair Robert C $149,500 --
Christ Barry B $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elmy Richard R $22,000
Open Elmy Richard R $176,000
Previous Owner Christ Barry B $67,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2012 08/21/12 Sold $220,000 -2.2% $133 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
05/11/2012 05/11/12 Price Changed $225,000 -10.0% $137 / Sq Ft
03/28/2012 03/28/12 For Sale $250,000 -- $152 / 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 $3,008 $273,667 $0 $0
2024 $2,539 $258,500 $102,900 $155,600
2023 $2,130 $251,367 $0 $0
2022 $2,779 $244,233 $0 $0
2021 $2,723 $237,100 $102,900 $134,200
2020 $2,635 $226,767 $0 $0
2019 $2,534 $216,433 $0 $0
2018 $2,437 $206,100 $112,900 $93,200
2017 $2,437 $206,100 $0 $0
2016 $2,351 $206,100 $0 $0
2015 $2,351 $207,800 $0 $0
2014 $2,400 $207,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patricia Shores

    Seller's Agent in 2012

    Patricia Shores

    RE/MAX

    (302) 437-4611

    49 Total Sales

    Patricia Shores
    Section Image
  • Frances Colombo

    Buyer's Agent in 2012

    Frances Colombo

    Patterson Schwartz

    (302) 285-5100

    6 Total Sales

    Frances Colombo
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003914906

Bright MLS

APN: 02-029227

Maryland Cecil County Chesapeake City 21915

51 Tower Point Rd, Chesapeake City, MD

This home is located at 51 Tower Point Rd, Chesapeake City, MD 21915 since 28 March 2012 and is currently estimated at $430,895, approximately $261 per square foot. This property was built in 1987. 51 Tower Point Rd is a home located in Cecil County with nearby schools including Chesapeake City Elementary School, Bohemia Manor Middle School, and Bohemia Manor High School.

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