NOT LISTED FOR SALE

523 James Ave Tracys Landing, MD 20779

Estimated Value: $322,000 - $468,000

2 Beds
1 Bath
746 Sq Ft
$537/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $325,000 $436 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,498/month

6 Days on Market

Highlights

  • Water Oriented
  • Open Floorplan
  • Vaulted Ceiling
  • Bay View
  • Deck
  • Corner Lot

About This Home

As of June 2020

1930s Bay Cottage 1 block from Western Shore of the beautiful Chesapeake & only 45mins to DC or 30 mins to Annapolis. Fair haven is a water oriented community situated right off Maryland Scenic State Rte 423. Renovation completed in 2016 by licensed MD contractors. All building permits pulled for structural, electrical & plumbing. Fairhaven is wonderful quiet neighborhood where kids can still ride their bikes in the street & passing neighbors can stop & talk over the fence. This area is close to multiple marinas, scenic biking, water sports, crabbing & fishing. The community hosts an annual summer volleyball tournament/ BBQ at our neighboring Fairhaven Cliffs beach & a 4th of July Parade. This is a very special place. (Tax records do not accurately reflect 746 finished sqft. See floorplan)

Last Agent to Sell the Property

Alex Hodges

Cottage Street Realty LLC Listed on: 05/09/2020

Last Buyer's Agent

Bernie Alvey

Atlantic Sands Realty License #RB-0031069

Atlantic Sands Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,728

Year Built

  • Built in 1930 | Remodeled in 2016

Lot Details

  • 6,000 Sq Ft Lot
  • Picket Fence
  • Property is Fully Fenced
  • Corner Lot
  • Property is zoned R2

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 746 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Window Treatments
  • Bay Views
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • On-Street Parking

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Deck
  • Shed

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Fair Haven Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 020826700644850

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,728

Year Built

Built in 1930 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1930
  • Year Renovated: 2016
  • Remarks Public: 1930s Bay Cottage 1 block from Western Shore of the beautiful Chesapeake & only 45mins to DC or 30 mins to Annapolis. Fair haven is a water oriented community situated right off Maryland Scenic State Rte 423. Renovation completed in 2016 by licensed MD contractors. All building permits pulled for structural, electrical & plumbing. Fairhaven is wonderful quiet neighborhood where kids can still ride their bikes in the street & passing neighbors can stop & talk over the fence. This area is close to multiple marinas, scenic biking, water sports, crabbing & fishing. The community hosts an annual summer volleyball tournament/ BBQ at our neighboring Fairhaven Cliffs beach & a 4th of July Parade. This is a very special place. (Tax records do not accurately reflect 746 finished sqft. See floorplan)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Floor Plan - Open, Window Treatments, Recessed Lighting
  • Window Features: Skylights
  • Wall Ceiling Types: Dry Wall, Beamed Ceilings, Vaulted Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 746
  • Living Area Sq Ft: 746
  • Price Per Sq Ft: 440.88
  • Above Grade Finished Sq Ft: 746
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 523

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • View: Water, Bay
  • Water Access: No
  • Water Body Name: Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 3

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Ductless/Mini-Split, Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully, Picket
  • Improvement Assessed Value: 36300.00
  • Land Assessed Value: 231000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2020
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15332701
  • Tax Annual Amount: 2728.00
  • Assessor Parcel Number: 020826700644850
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/10/2020

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2020
Closed on
Jun 10, 2020
Sold by
Obrand Sandy and Obrand Carol
Bought by
Hoerauf David S and Cummings Teresa M
Seller's Agent
Alex Hodges
Cottage Street Realty LLC
Buyer's Agent
Bernie Alvey
Atlantic Sands Realty
List Price
$328,900
Sold Price
$325,000
Premium/Discount to List
-$3,900
-1.19%
Current Estimated Value
$400,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,645
Avg. Annual Appreciation
4.12%
Original Mortgage
$276,250
Outstanding Balance
$244,960
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$155,685

Purchase Details

Listed on
Apr 25, 2015
Closed on
Jul 2, 2015
Sold by
Donaldson Charles E and Donaldson Jody
Bought by
Obrand Sandy and Obrand Carol
Seller's Agent
Jody Donaldson
CENTURY 21 New Millennium
Buyer's Agent
Ron Wilkinson
Long & Foster Real Estate, Inc.
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.55%

Purchase Details

Closed on
Jun 30, 1980
Bought by
Donaldson Charles E and Donaldson Frances J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
12.35%
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
Hoerauf David S $325,000 Lakeside Title Company
Obrand Sandy $140,000 Attorney
Donaldson Charles E $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoerauf David S $276,250
Previous Owner Donaldson Charles E $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2020 06/10/20 Sold $325,000 -1.2% $436 / Sq Ft
05/09/2020 05/09/20 For Sale $328,900 +134.9% $441 / Sq Ft
07/02/2015 07/02/15 Sold $140,000 +7.8% $232 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
06/05/2015 06/05/15 Price Changed $129,900 -18.8% $215 / Sq Ft
05/23/2015 05/23/15 For Sale $159,900 0.0% $265 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
05/12/2015 05/12/15 Price Changed $159,900 -11.1% $265 / Sq Ft
04/25/2015 04/25/15 For Sale $179,900 -- $298 / 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 $3,784 $316,833 -- --
2024 $3,784 $294,167 $0 $0
2023 $3,498 $271,500 $231,000 $40,500
2022 $3,313 $270,100 $0 $0
2021 $6,596 $268,700 $0 $0
2020 $3,243 $267,300 $231,000 $36,300
2019 $2,878 $232,133 $0 $0
2018 $1,997 $196,967 $0 $0
2017 $2,083 $161,800 $0 $0
2016 -- $159,733 $0 $0
2015 -- $157,667 $0 $0
2014 -- $155,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA433474

Bright MLS

APN: 08-267-00644850