NOT LISTED FOR SALE

520 Patuxent Reach Dr Prince Frederick, MD 20678

Estimated Value: $745,915 - $790,000

5 Beds
3.5 Baths
3,900 Sq Ft
$198/Sq Ft Est. Value

Last Sold June 24, 2014

Last sale price $497,000 $127 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,758/month

95 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Deck
  • 2.22 Acre Lot
  • Colonial Architecture
  • 2 Fireplaces

About This Home

As of June 2014

PRICE REDUCED !!! 5 BRs,3.5 BAs. Family Room w/FP, granite in Kitchen, Huge Master Suite. Lower Level finished with gas FP, wet bar, pool table space, gym area. Beautiful in ground pool, gazebo with hot tub, screened porch. Top it all off with additional detached 3 car garage for the car enthusiast or wood worker . Also 12X16 shed and $2500 carpet/paint allowance. Central vac, intercom

Last Agent to Sell the Property

Sally Showalter

RE/MAX One Listed on: 01/17/2014

RE/MAX One

Last Buyer's Agent

Robin Errington

CENTURY 21 New Millennium License #643322

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,099

Year Built

  • Built in 1995

Lot Details

  • 2.22 Acre Lot
  • Property is zoned RUR

Parking

  • 5 Car Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • 2 Fireplaces
  • Fireplace With Glass Doors
  • Dining Area
  • Finished Basement
  • Connecting Stairway
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Shed
  • Wrap Around Porch

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Built by QUALITY BUILT HOMES

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0502081202

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,099

Year Built

Built in 1995

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Icemaker, Intercom, Oven - Wall, Refrigerator
  • Interior Amenities: Kitchen - Island, Combination Kitchen/Living, Kitchen - Table Space, Combination Dining/Living, Dining Area, Master Bath(s), Upgraded Countertops, Wet/Dry Bar, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3900
  • Living Area Sq Ft: 3900
  • Price Per Sq Ft: 172.38
  • Above Grade Finished Sq Ft: 2900
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Gazebo, Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Hot Tub
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway
  • Garage Features: Garage Door Opener
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Off Street, Driveway, Attached Garage, Detached Garage

Utilities

  • Refuse: 117.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 294000.00
  • Land Assessed Value: 202200.00
  • Lot Size Acres: 2.22
  • Lot Size Area: 96703
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 96703.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es), Wrap Around
  • Year Assessed: 2013
  • Zoning: RUR

Building Info

  • Builder Name: QUALITY BUILT HOMES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14967323
  • Tax Annual Amount: 5098.85
  • Assessor Parcel Number: 0502081202
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 2920
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 06/24/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2014
Closed on
Jun 24, 2014
Sold by
Cornwell Richard W and Cornwell Patricia L
Bought by
Rodrigo Shanaka I
Seller's Agent
Sally Showalter
RE/MAX One
Buyer's Agent
Robin Errington
CENTURY 21 New Millennium
List Price
$525,000
Sold Price
$497,000
Premium/Discount to List
-$28,000
-5.33%
Current Estimated Value
$770,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,979
Avg. Annual Appreciation
3.85%
Original Mortgage
$497,000
Outstanding Balance
$373,796
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$384,487

Purchase Details

Closed on
Jan 5, 1996
Sold by
Russell Morgan E and Russell Charlotte H
Bought by
Cornwell Richard W and Cornwell Patricia L
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
Rodrigo Shanaka I $497,000 Champion Title & Settlements
Cornwell Richard W $225,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodrigo Shanaka I $497,000
Closed Cornwell Richard W --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2014 06/24/14 Sold $497,000 -0.6% $127 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
02/18/2014 02/18/14 Price Changed $499,900 -4.8% $128 / Sq Ft
01/17/2014 01/17/14 For Sale $525,000 -- $135 / 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 $6,776 $661,433 $0 $0
2024 $6,776 $607,900 $182,200 $425,700
2023 $6,330 $588,600 $0 $0
2022 $6,126 $569,300 $0 $0
2021 $5,857 $550,000 $182,200 $367,800
2020 $5,857 $541,400 $0 $0
2019 $5,791 $532,800 $0 $0
2018 $5,688 $524,200 $182,200 $342,000
2017 $5,512 $500,533 $0 $0
2016 -- $476,867 $0 $0
2015 $5,125 $453,200 $0 $0
2014 $5,125 $453,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002805434

Bright MLS

APN: 02-081202