NOT LISTED FOR SALE

513 Queens Dr Queenstown, MD 21658

Estimated Value: $1,737,000 - $2,429,343

1.23 Acres
$1,738,891 Price per Acre
53,579 Sq Ft Lot

Last Sold September 30, 2020

Last sale price $305,000

Est. 585% increase in value since last sale

Current estimated payment $12,704/month

221 Days on Market

Highlights

  • Home fronts navigable water
  • Access to Tidal Water
  • River View
  • Grasonville Elementary School Rated A-
  • Fishing Allowed
  • Private Lot

About This Lot

As of September 2020

HUGE PRICE IMPROVEMENT!! Beautiful lot on a protected cove off the Wye River...one of the few building lots left on the river. Some bulk-heading is there. There is an older perc in hand, but a sanitary construction permit will have to be obtained from the county in order to proceed with building. Owner has building plans. Be in a new home on the water by summer!

Last Agent to Sell the Property

Mary Stevens

Long & Foster Real Estate, Inc. License #300026 Listed on: 08/07/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Lawrence Doyle

Long & Foster Real Estate, Inc. License #652821

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,336

Lot Details

  • 1.23 Acre Lot
  • Home fronts navigable water
  • No Through Street
  • Private Lot
  • Partially Wooded Lot
  • Property is zoned NC-2, NEIGH CONSRV/Dist 2 AC

Property Views

  • River
  • Scenic Vista
  • Woods

Listing and Financial Details

  • Tax Lot 60

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Bulkhead
  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$5,336

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Historic: No
  • New Construction: No
  • Automatically Close On Close Date: No
  • Remarks Public: HUGE PRICE IMPROVEMENT!! Beautiful lot on a protected cove off the Wye River...one of the few building lots left on the river. Some bulk-heading is there. There is an older perc in hand, but a sanitary construction permit will have to be obtained from the county in order to proceed with building. Owner has building plans. Be in a new home on the water by summer!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 7.65
  • Street Number Modifier: 513

Exterior Features

  • Construction Completed: No
  • View: Trees/Woods, Water, River, Scenic Vista
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Name: Wye
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121137777627
  • School District Source: Listing Agent
  • Elementary School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Middle Or Junior School: CALL SCHOOL BOARD

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Bulkheaded, No Thru Street, Partly Wooded, Private, Road Frontage
  • Lot Size Acres: 1.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 53579.00
  • Perc Sites: 1
  • Possible Use: Residential
  • Year Assessed: 2019
  • Zoning: NC-2
  • Zoning Description: NEIGH CONSRV/Dist 2 AC
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5336.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Lot: 60
  • Tax Page Number: 59
  • Tax Year: 2019
  • Close Date: 09/30/2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Sep 30, 2020
Sold by
Hompe Helen T and Maclay James T
Bought by
Koroulakis George J and Koroulakis Lisa M
Seller's Agent
Mary Stevens
Long & Foster Real Estate, Inc.
Buyer's Agent
Lawrence Doyle
Long & Foster Real Estate, Inc.
List Price
$575,000
Sold Price
$305,000
Premium/Discount to List
-$270,000
-46.96%
Current Estimated Value
$2,087,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,782,962
Original Mortgage
$228,750
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2013
Sold by
Maclay Marian Lee
Bought by
Hompe Helen T

Purchase Details

Closed on
Jun 13, 2003
Sold by
Maclay Marian Lee and Maclay Helen T
Bought by
Maclay Marian Lee

Purchase Details

Closed on
Apr 15, 1999
Sold by
Broden Helen L
Bought by
Maclay Marian Lee

Purchase Details

Closed on
Sep 4, 1998
Sold by
Broden Helen L
Bought by
Broden Helen L

Purchase Details

Closed on
Nov 12, 1997
Sold by
Broden Helen L Life Estate
Bought by
Broden Helen L and Maclay Marian L

Purchase Details

Closed on
Oct 16, 1996
Sold by
Broden Helen L Life Estate
Bought by
Broden Helen L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Koroulakis George J $305,000 Emkay Title Solutions Llc
Hompe Helen T -- None Available
Maclay Marian Lee -- --
Maclay Marian Lee -- --
Broden Helen L -- --
Broden Helen L -- --
Broden Helen L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koroulakis George J $578,750
Closed Koroulakis George J $228,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $305,000 -25.6% --
03/18/2020 03/18/20 Pending -- -- --
02/25/2020 02/25/20 Price Changed $410,000 -28.7% --
08/14/2019 08/14/19 For Sale $575,000 +88.5% --
08/12/2019 08/12/19 Off Market $305,000 -- --
08/09/2019 08/09/19 For Sale $575,000 +88.5% --
08/07/2019 08/07/19 Off Market $305,000 -- --
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
2024 $15,260 $1,613,600 $556,400 $1,057,200
2023 $14,928 $1,578,333 $0 $0
2022 $14,596 $1,543,067 $0 $0
2021 $5,336 $556,400 $556,400 $0
2020 $5,336 $556,400 $556,400 $0
2019 $5,336 $556,400 $556,400 $0
2018 $5,336 $556,400 $556,400 $0
2017 $5,033 $540,567 $0 $0
2016 -- $524,733 $0 $0
2015 $5,890 $508,900 $0 $0
2014 $5,890 $508,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA141040

Bright MLS

APN: 05-001684