NOT LISTED FOR SALE

538 Narrows Pointe Dr Unit 18-2 Grasonville, MD 21638

Kent Narrows Neighborhood

Estimated Value: $1,289,422 - $1,432,000

3 Beds
3.5 Baths
-- Sq Ft
$498/mo HOA Fee

Last Sold September 26, 2012

Last sale price $850,000

Est. 58% increase in value since last sale

Current estimated payment $8,313/month

Highlights

  • 1 Boat Dock
  • Pier
  • Home fronts navigable water
  • Grasonville Elementary School Rated A-
  • Pier or Dock
  • Eat-In Gourmet Kitchen

About This Home

As of September 2012

Luxury living! Premier site at the Pointe. 3300 sq.ft. home w/brilliant unobstructed sunrises & sunsets across the Chester.Meticulously cared for (original owners), exceptional decorating choices, floor to ceiling stone fireplce, designer lighting fixtures,wet bar w/wine cellar,whole house stereo system.Deeded deep water covered 50' slip at Piney Narrows available subject to buyer's needs & offer.

Last Agent to Sell the Property

Mary Stevens

(410) 703-6048 mj.stevens@longandfoster.com Long & Foster Real Estate, Inc. License #300026 Listed on: 07/21/2012

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Dee Dee Hargrove

(410) 643-2244 deedeeonki@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,712

Year Built

  • Built in 2005

Lot Details

  • Home fronts navigable water
  • 1 Common Wall
  • Cul-De-Sac
  • East Facing Home
  • Landscaped
  • The property's topography is level, moderate slope
  • Property is in very good condition

HOA Fees

  • $498 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • River
  • Scenic Vista
  • Garden

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Six Panel Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Office or Studio
  • Game Room
  • Storage Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Down Draft Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Sump Pump
  • Basement Windows

Home Security

  • Security Gate
  • Alarm System

Outdoor Features

  • Pier
  • Water Access
  • 1 Boat Dock
  • Lake Privileges
  • Deck
  • Screened Patio
  • Outdoor Storage
  • Porch

Schools

  • Kent Island High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Humidifier
  • Heat Pump System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Bottled Gas Water Heater
  • Water Conditioner is Owned
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 1805049520

Community Details

Overview

  • Association fees include lawn care rear, lawn maintenance, management, insurance, reserve funds, road maintenance, snow removal, trash
  • The community has rules related to covenants

Amenities

  • Common Area

Recreation

  • Pier or Dock

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,712

Year Built

Built in 2005

Lot Details

0

HOA Fees

$498 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • 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: 2005
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Cooktop - Down Draft, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven - Wall, Refrigerator, Washer, Water Conditioner - Owned
  • Interior Amenities: Attic, Kitchen - Gourmet, Breakfast Area, Combination Kitchen/Dining, Dining Area, Kitchen - Eat-In, Window Treatments, Upgraded Countertops, Master Bath(s), Wet/Dry Bar, Wood Floors, Whirlpool/Hottub, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane, Screens
  • Fireplace Features: Equipment
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Door Features: Six Panel
  • Wall Ceiling Types: 2 Story Ceilings, Dry Wall
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Family Room, Den, Foyer, Study, Laundry, Storage Room, Attic
  • Basement: Yes
  • Basement Type: Connecting Stairway, Sump Pump, Daylight, Partial, Fully Finished, Improved, Windows
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 3.00
  • Upper Level 2 Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Office/Studio
  • Construction Materials: Hardiplank Type, Stone
  • Dock Type: Pier (Perpendicular)
  • Exterior Features: Secure Storage, Street Lights, Satellite Dish
  • Roof: Shingle
  • View: Water, Garden/Lawn, River, Scenic Vista
  • Water Access: Yes
  • Water Body Name: CHESTER RIVER
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s), Programmable Thermostat, Zoned
  • Heating Fuel: Bottled Gas/Propane, Central, Electric
  • Heating Type: Heat Pump(s), Humidifier, Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Security: Electric Alarm, Security Gate, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 498.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Gated Community, Pier/Dock, Water/Lake Privileges, Security
  • HOA Condo Co-Op Fee Includes: Lawn Care Rear, Lawn Maintenance, Management, Insurance, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants, Pets - Allowed
  • HOA: Yes

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • High School: KENT ISLAND
  • School District Key: 121137777627
  • High School: KENT ISLAND

Lot Info

  • Improvement Assessed Value: 458400.00
  • Land Assessed Value: 450000.00
  • Lot Features: Cul-De-Sac, Landscaping, Premium
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Property Condition: Very Good
  • Topography: Level, Moderate Slope
  • Year Assessed: 2011
  • Zoning: WVC

Rental Info

  • Vacation Rental: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 8712.46
  • Assessor Parcel Number: 1805049520
  • Tax Total Finished Sq Ft: 2600
  • Tax Year: 2011
  • Close Date: 09/26/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2015
Sold by
Norvel Samuel S
Bought by
Norvell Samuel S and Samuel S Norvell Revocable Tru
Current Estimated Value
$1,345,606

Purchase Details

Listed on
Jul 21, 2012
Closed on
Sep 26, 2012
Sold by
Olson Phillip S and Jessen Nancy A
Bought by
Norvell Samuel S
Seller's Agent
Mary Stevens
Long & Foster Real Estate, Inc.
Buyer's Agent
Dee Dee Hargrove
Long & Foster Real Estate, Inc.
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$600,000
Outstanding Balance
$405,368
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$940,238

Purchase Details

Closed on
Jun 14, 2010
Sold by
Olson Phillip S and Olson Nancy A
Bought by
Olson Phillip S and Jessen Nancy A

Purchase Details

Closed on
Oct 6, 2005
Sold by
Narrows Pointe Joint Venture Llc
Bought by
Olson Phillip S and Olson Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 30, 2005
Sold by
Narrows Pointe Joint Venture Llc
Bought by
Olson Phillip S and Olson Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Norvell Samuel S -- Attorney
Norvell Samuel S $850,000 Sage Title Group Llc
Olson Phillip S -- --
Olson Phillip S $1,175,000 --
Olson Phillip S $1,175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norvell Samuel S $600,000
Previous Owner Olson Phillip S $775,000
Previous Owner Olson Phillip S $775,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2012 09/26/12 Sold $850,000 0.0% --
07/21/2012 07/21/12 Pending -- -- --
07/21/2012 07/21/12 For Sale $850,000 -- --
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
2025 $9,099 $965,933 $0 $0
2024 $7,766 $824,400 $425,000 $399,400
2023 $7,483 $794,400 $0 $0
2022 $7,201 $764,400 $0 $0
2021 $7,044 $734,400 $350,000 $384,400
2020 $7,044 $734,400 $350,000 $384,400
2019 $7,044 $734,400 $350,000 $384,400
2018 $7,564 $788,700 $350,000 $438,700
2017 $7,354 $777,733 $0 $0
2016 -- $766,767 $0 $0
2015 $3,979 $755,800 $0 $0
2014 $3,979 $755,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004177910

Bright MLS

APN: 05-049520