NOT LISTED FOR SALE

5452 Tates Bank Rd Cambridge, MD 21613

Estimated Value: $676,000 - $813,583

4 Beds
3 Baths
3,413 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 05, 2020

Last sale price $550,000 $161 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,512/month

Highlights

  • 3 Dock Slips
  • Home fronts navigable water
  • River View
  • Pier
  • Fishing Allowed
  • 1.71 Acre Lot

About This Home

As of May 2020

Fabulously located on the Choptank River just 1 home away from the Hyatt Regency Chesapeake Bay Resort Marina, Golf Course & Spa. This beautiful 1.71 acre site with mature trees and landscaping has high elevation with spectacular views - 180 degree views to enjoy Sunrises and Sunsets. Protected shoreline with pier and covered boat lift/slip. This 3 BR home with over 3400 SF offers a 2 car attached garage and efficiency apartment. The single level home enjoys spacious room sizes and takes advantage of the waterfront location. Property is well priced, being SOLD in AS IS Condition and was occupied until March 2020. Enjoy all the Eastern Shore has to offer - incredible water views, great location approximately 1 mile from Route 50, high elevation- no flood insurance needed, reasonable privacy on a quiet dead end street. Boat to the Chesapeake Bay, Oxford, Tilghman or any other destination - enjoy crabbing and fishing.

Last Agent to Sell the Property

Sharon Spedden

(410) 215-2774 sharon@sharonre.com Sharon Real Estate P.C. License #20985 Listed on: 04/09/2020

Last Buyer's Agent

Barbara Best

(410) 279-0071 bbest.realtor1@gmail.com RE/MAX One License #23247

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,107

Year Built

  • Built in 1959

Lot Details

  • 1.71 Acre Lot
  • Home fronts navigable water
  • Landscaped
  • Property is zoned SR

Parking

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

Property Views

  • River
  • Scenic Vista

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 3,413 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Brick Fireplace
  • Double Pane Windows
  • Green House Windows
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Efficiency Studio
  • Partial Basement
  • Storm Windows

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Bamboo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Bulkhead
  • Rip-Rap
  • Electric Hoist or Boat Lift
  • Physical Dock Slip Conveys
  • 3 Dock Slips
  • Stream or River on Lot
  • Powered Boats Permitted

Schools

  • Mace's Lane Middle School
  • Cambridge-South Dorchester High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1007191332

Community Details

Overview

  • No Home Owners Association
  • Tates Bank Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,107

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Bamboo
  • Interior Amenities: Ceiling Fan(s), Efficiency, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Island, Recessed Lighting, Skylight(s)
  • Window Features: Double Pane, Green House, Screens, Skylights, Storm
  • Fireplace Features: Brick, Insert
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Sun/Florida Room, Efficiency (Additional)
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 3413
  • Living Area Sq Ft: 3413
  • Price Per Sq Ft: 167.01
  • Above Grade Finished Sq Ft: 3413
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle
  • Spa: No
  • View: River, Scenic Vista, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access
  • Water Access: Yes
  • Water Body Name: Choptank River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

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

Utilities

  • 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
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: CAMBRIDGE-SOUTH DORCHESTER
  • Middle Or Junior School: MACE'S LANE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 233800.00
  • Land Assessed Value: 226400.00
  • Lot Features: Bulkheaded, Landscaping
  • Lot Size Acres: 1.71
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 74488.00
  • Zoning: SR
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5313650
  • Tax Annual Amount: 5107.00
  • Assessor Parcel Number: 1007191332
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Rip-Rap

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2024
Sold by
Lammers Eric Scott and Lammers Corinne Allison
Bought by
Eric And Corinne Lammers Joint Revocable Trus and Lammers
Current Estimated Value
$747,896

Purchase Details

Listed on
Apr 9, 2020
Closed on
May 5, 2020
Sold by
Neall George M and The George M Neall Iii Marital
Bought by
Lammers Eric S and Lammers Corinne A
Seller's Agent
Sharon Spedden
Sharon Real Estate P.C.
Buyer's Agent
Barbara Best
RE/MAX One
List Price
$570,000
Sold Price
$550,000
Premium/Discount to List
-$20,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%

Purchase Details

Closed on
Mar 22, 2010
Sold by
Neall George M
Bought by
Higgs Edwin H and Higgs Laura J

Purchase Details

Closed on
Jun 12, 2007
Sold by
Neall Clara B
Bought by
Neall Clara B

Purchase Details

Closed on
May 22, 2007
Sold by
Neall Clara B
Bought by
Neall Clara B

Purchase Details

Closed on
Sep 29, 1981
Sold by
Gannon William E and Helen Sylvia
Bought by
Neall George M 3Rd
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
Eric And Corinne Lammers Joint Revocable Trus -- None Listed On Document
Eric And Corinne Lammers Joint Revocable Trus -- None Listed On Document
Lammers Eric S $550,000 Venture Title Company Llc
Neall George M -- None Available
Higgs Edwin H $82,500 --
Neall Clara B -- --
Neall Clara B -- --
Neall George M 3Rd $137,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2020 05/05/20 Sold $550,000 -3.5% $161 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $570,000 -- $167 / 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 $7,073 $614,100 $226,400 $387,700
2024 $5,748 $562,800 $0 $0
2023 $5,748 $511,500 $0 $0
2022 $5,117 $460,200 $226,400 $233,800
2021 $5,171 $459,900 $0 $0
2020 $5,171 $459,600 $0 $0
2019 $5,167 $459,300 $226,400 $232,900
2018 $5,053 $449,000 $0 $0
2017 $4,143 $438,700 $0 $0
2016 -- $428,400 $0 $0
2015 -- $428,400 $0 $0
2014 -- $428,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO125272

Bright MLS

APN: 07-191332