Seller's Agent in 2019
Gail Siegel
O'Brien Realty
(301) 863-2400
8 in this area
43 Total Sales
Estimated Value: $586,000 - $732,578
4
Beds
3
Baths
2,321
Sq Ft
$289/Sq Ft
Est. Value
Highlights
- Boat Ramp
- Home fronts navigable water
- Fishing Allowed
- Beach
- Access to Tidal Water
- Bay View
About This Home
As of December 2019CHESAPEAKE BAY WATERFRONT IN DRUM POINT. Relax or entertain on the huge bayfront deck and enjoy everyday water views and sounds! This charming Cape Cod has 4 bedrooms and 3 full bathrooms. Open floor plan with hardwood flooring on main level and fabulous water views. Main level bedroom! Kitchen with new stainless steel appliances and pantry. The 2 upper level bedrooms also have Bay views! Fully finished walkout basement has a Rec Room with gas fireplace, 4th bedroom, full bathroom and private waterside entrance - perfect for possible in-law suite! Separate laundry/utility room. This property is just steps from the Drum Point community beach! Drum Point Club offers a fishing and crabbing pier and is also perfect for swimming, kayaking and canoeing! The 1-car detached garage is also a great place to store your "water toys"! Full-time living or a wonderful second home retreat about 1.5 hours from DC area. Forget the Bay Bridge! WATCH VIDEO!
Last Agent to Sell the Property
O'Brien Realty ERA Powered License #581971 Listed on: 10/09/2019
Last Buyer's Agent
Leonora Sheeline
Long & Foster Real Estate, Inc. License #36018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,153
Year Built
- Built in 1980
Lot Details
- 0.29 Acre Lot
- Home fronts navigable water
- Property Fronts a Bay or Harbor
- Landscaped
- Property is in very good condition
HOA Fees
- $13 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- 5 Open Parking Spaces
- Front Facing Garage
- Driveway
Home Design
- Cape Cod Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Ceiling Fan
- Skylights
- Fireplace With Glass Doors
- Gas Fireplace
- Double Pane Windows
- Window Screens
- Sliding Doors
- Insulated Doors
- Living Room
- Dining Room
- Recreation Room
- Utility Room
- Bay Views
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Exterior Basement Entry
- Laundry in Basement
- Basement with some natural light
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- Private Water Access
- Property near a bay
- Bulkhead
- Rip-Rap
- Swimming Allowed
- Lake Privileges
- Deck
- Patio
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Heating System Powered By Leased Propane
- Vented Exhaust Fan
- Propane
- Water Treatment System
- Well
- Electric Water Heater
- On Site Septic
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 0501066838
Community Details
Overview
- Association fees include road maintenance, reserve funds, snow removal
- Drum Point HOA, Phone Number (410) 326-6148
- Drum Point Subdivision
Recreation
- Boat Ramp
- Beach
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2019
Closed on
Dec 20, 2019
Sold by
Parks Jacqueline Marie and Estate Of Josephine Marie Rugg
Bought by
Acharya Amitav and Dai Ying
Seller's Agent
Gail Siegel
O'Brien Realty ERA Powered
Buyer's Agent
Leonora Sheeline
Long & Foster Real Estate, Inc.
List Price
$485,000
Sold Price
$460,000
Premium/Discount to List
-$25,000
-5.15%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,645
Avg. Annual Appreciation
6.92%
Original Mortgage
$276,000
Outstanding Balance
$244,980
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$429,070
Purchase Details
Closed on
Mar 12, 1996
Sold by
Gribben Thomas A and Gribben Linda M
Bought by
Ruggieri Joseph J and Ruggieri Josephine M
Purchase Details
Closed on
Jul 22, 1993
Sold by
Cappiello Robert M and C S
Bought by
Gribben Thomas A and Gribben Linda M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
7.16%
Purchase Details
Closed on
Feb 9, 1989
Sold by
Moore Ronald D and Moore Frieda J
Bought by
Cappiello Robert M and C S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
10.55%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Acharya Amitav | $460,000 | Rgs Title Llc | |
| Ruggieri Joseph J | $275,000 | -- | |
| Gribben Thomas A | $235,000 | -- | |
| Cappiello Robert M | $195,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Acharya Amitav | $276,000 | |
| Previous Owner | Gribben Thomas A | $211,500 | |
| Previous Owner | Cappiello Robert M | $156,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2019 12/20/19 | Sold | $460,000 | -5.2% | $198 / Sq Ft |
| 11/18/2019 11/18/19 | Pending | -- | -- | -- |
| 10/09/2019 10/09/19 | For Sale | $485,000 | -- | $209 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,054 | $551,367 | $0 | $0 |
| 2024 | $6,054 | $524,733 | $0 | $0 |
| 2023 | $5,564 | $498,100 | $293,400 | $204,700 |
| 2022 | $5,460 | $488,367 | $0 | $0 |
| 2021 | $5,460 | $478,633 | $0 | $0 |
| 2020 | $5,215 | $468,900 | $293,400 | $175,500 |
| 2019 | $4,831 | $460,533 | $0 | $0 |
| 2018 | $4,743 | $452,167 | $0 | $0 |
| 2017 | $5,020 | $443,800 | $0 | $0 |
| 2016 | -- | $443,800 | $0 | $0 |
| 2015 | $2,995 | $443,800 | $0 | $0 |
| 2014 | $2,995 | $446,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gail Siegel
-
L
Buyer's Agent in 2019
Leonora Sheeline
Long & Foster
Map
Source: Bright MLS
MLS Number: MDCA172764
APN: 01-066838
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