NOT LISTED FOR SALE

5438 Tates Bank Rd Cambridge, MD 21613

Estimated Value: $455,000 - $541,000

4 Beds
3 Baths
2,240 Sq Ft
$219/Sq Ft Est. Value

Last Sold October 16, 2021

Last sale price $380,000 $170 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,915/month

Highlights

  • 0.92 Acre Lot
  • Main Floor Bedroom
  • Upgraded Countertops
  • Colonial Architecture
  • No HOA
  • Formal Dining Room

About This Home

As of October 2021

This charming house is sited on almost a full acre and backs up to the magnificent Hyatt Resort.

Last Agent to Sell the Property

Mary Losty

(215) 920-3595 mary.losty@compass.com Compass License #656394 Listed on: 06/19/2021

Compass

Last Buyer's Agent

Mary Losty

(215) 920-3595 mary.losty@compass.com Compass License #656394 Listed on: 06/19/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,962

Year Built

  • Built in 1988

Lot Details

  • 0.92 Acre Lot
  • Property is in very good condition
  • Property is zoned SR

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,240 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Family Room Off Kitchen
  • Formal Dining Room

Kitchen

  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Dorchester County Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 1007191375

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,962

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: This charming house is sited on almost a full acre and backs up to the magnificent Hyatt Resort.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Island, Upgraded Countertops
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2240
  • Living Area Sq Ft: 2240
  • Price Per Sq Ft: 169.64
  • Above Grade Finished Sq Ft: 2240
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5438

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Electric Available
  • Water Source: Private

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: DORCHESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121139665361
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 219700.00
  • Land Assessed Value: 55100.00
  • Land Use Code: 110
  • Lot Size Acres: 0.92
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40075.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: SR
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5313654
  • Tax Annual Amount: 2962.00
  • Assessor Parcel Number: 1007191375
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 2240
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/16/2021

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2021
Closed on
Oct 15, 2021
Sold by
Cada Daniel G and Cada Marcia L
Bought by
Nees David E and Nees Carla B
Seller's Agent
Mary Losty
Compass
Buyer's Agent
Mary Losty
Compass
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
$489,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,674
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Jul 15, 2004
Sold by
Morett Mary Jane
Bought by
Cada Daniel G and Cada Marcia L

Purchase Details

Closed on
Jul 24, 1997
Sold by
Morett Mary Jane
Bought by
Morett Mary Jane

Purchase Details

Closed on
Aug 15, 1983
Sold by
Barum Donald A and Barum Margaret W
Bought by
Morett Mary Jane
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
Nees David E $380,000 Cambridge Title Company
Cada Daniel G $315,000 --
Morett Mary Jane -- --
Morett Mary Jane $13,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2021 10/16/21 Sold $380,000 0.0% $170 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $380,000 -- $170 / 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 $4,168 $359,700 $55,100 $304,600
2024 $3,430 $331,400 $0 $0
2023 $3,430 $303,100 $0 $0
2022 $6,232 $274,800 $55,100 $219,700
2021 $3,022 $270,600 $0 $0
2020 $3,022 $266,400 $0 $0
2019 $2,976 $262,200 $55,100 $207,100
2018 $2,976 $261,867 $0 $0
2017 $2,902 $261,533 $0 $0
2016 -- $261,200 $0 $0
2015 -- $261,200 $0 $0
2014 -- $261,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Losty

    Seller's Agent in 2021

    Mary Losty

    Compass

    (215) 920-3595

    131 in this area

    157 Total Sales

    Mary Losty
    Section Image
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Map

Source: Bright MLS

MLS Number: MDDO127446

Bright MLS

APN: 07-191375

Maryland Dorchester County Cambridge 21613

5438 Tates Bank Rd, Cambridge, MD

This home is located at 5438 Tates Bank Rd, Cambridge, MD 21613 since 19 June 2021 and is currently estimated at $489,674, approximately $218 per square foot. This property was built in 1988. 5438 Tates Bank Rd is a home located in Dorchester County with nearby schools including Maple Elementary School, Mace's Lane Middle School, and Cambridge-South Dorchester High School.

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