NOT LISTED FOR SALE

5885 Solomons Island Rd Tracys Landing, MD 20779

Estimated Value: $510,425 - $572,000

3 Beds
1.5 Baths
2,016 Sq Ft
$266/Sq Ft Est. Value

Last Sold February 25, 2015

Last sale price $285,000 $141 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,226/month

Highlights

  • Wood Flooring
  • No HOA
  • Combination Dining and Living Room
  • 1 Fireplace
  • 2 Car Attached Garage
  • Baseboard Heating

About This Home

As of February 2015

ALMOST 2 ACRES OF USABLE LAND WITH NO COVENANTS AND RESTRICTIONS. HOME OFFERS HARDWOOD FLOORS, LIVING ROOM AND DINING ROOM COMBINATION. LOWER LEVEL OFFER FAMILY ROOM, HALF BATH, ENTRANCE TO LARGE 2 CAR GARAGE. QUICK ACCESS TO MAJOR ARTERIES. 40 MINUTES TO D.C. METRO AREA, 25 MINUTES TO ANNAPOLIS, NEARBY MARINA'S AND WATERFRONT RESTAURANTS.

Last Agent to Sell the Property

Ray Mudd

(301) 261-9700 raymuddc21@aol.com Schwartz Realty, Inc. Listed on: 09/26/2014

Co-Listed By

Michael Dunn

(410) 867-4308 soldbydunn@aol.com Schwartz Realty, Inc. License #508462

Last Buyer's Agent

Deborah Wade

(410) 212-0096 deborah@deborahwade.net RE/MAX Executive License #623706

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,330

Year Built

  • Built in 1964

Lot Details

  • 1.92 Acre Lot
  • Property is zoned RA

Parking

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

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • 2,016 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Tracys Landing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020800000102805

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,330

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1964
  • Remarks Public: ALMOST 2 ACRES OF USABLE LAND WITH NO COVENANTS AND RESTRICTIONS. HOME OFFERS HARDWOOD FLOORS, LIVING ROOM AND DINING ROOM COMBINATION. LOWER LEVEL OFFER FAMILY ROOM, HALF BATH, ENTRANCE TO LARGE 2 CAR GARAGE. QUICK ACCESS TO MAJOR ARTERIES. 40 MINUTES TO D.C. METRO AREA, 25 MINUTES TO ANNAPOLIS, NEARBY MARINA'S AND WATERFRONT RESTAURANTS.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stove, Washer, Dryer, Refrigerator
  • Interior Amenities: Combination Dining/Living, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2016
  • Living Area Sq Ft: 2016
  • Price Per Sq Ft: 148.76
  • Above Grade Finished Sq Ft: 2016
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5885

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Construction Completed: 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
  • Parking Features: Garage
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Oil
  • Heating Type: Baseboard
  • 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

Lot Info

  • Improvement Assessed Value: 148200.00
  • Land Assessed Value: 139200.00
  • Lot Size Acres: 1.92
  • Lot Size Area: 83635
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 83635.00
  • Year Assessed: 2014
  • Zoning: RA

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15330777
  • Tax Annual Amount: 3330.07
  • Assessor Parcel Number: 020800000102805
  • Tax Total Finished Sq Ft: 2016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 02/25/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2014
Closed on
Feb 25, 2015
Sold by
Bassford Frederick W and Tedescucci Elizabeth Ilene
Bought by
Villalta Jose A and Valle Sanra Estella
Seller's Agent
Ray Mudd
Schwartz Realty, Inc.
Buyer's Agent
Deborah Wade
RE/MAX Executive
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Current Estimated Value
$536,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,856
Avg. Annual Appreciation
6.13%
Original Mortgage
$279,837
Outstanding Balance
$210,873
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$325,983
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
Villalta Jose A $285,000 Signature Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villalta Jose A $279,837
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2015 02/25/15 Sold $285,000 -5.0% $141 / Sq Ft
01/28/2015 01/28/15 For Sale $299,900 0.0% $149 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
01/12/2015 01/12/15 Pending -- -- --
01/08/2015 01/08/15 Price Changed $299,900 -6.3% $149 / Sq Ft
09/26/2014 09/26/14 For Sale $319,900 -- $159 / 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 $4,523 $378,267 -- --
2024 $4,523 $352,733 $0 $0
2023 $4,200 $327,200 $204,200 $123,000
2022 $3,976 $325,033 $0 $0
2021 $7,907 $322,867 $0 $0
2020 $3,891 $320,700 $214,200 $106,500
2019 $3,853 $316,733 $0 $0
2018 $3,171 $312,767 $0 $0
2017 $3,675 $308,800 $0 $0
2016 -- $301,667 $0 $0
2015 -- $294,533 $0 $0
2014 -- $287,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003214124

Bright MLS

APN: 08-000-00102805