Seller's Agent in 2020
Melanie Montague
EXP Realty, LLC
(301) 442-0154
35 in this area
221 Total Sales
Estimated Value: $502,000 - $834,000
3
Beds
3
Baths
3,056
Sq Ft
$234/Sq Ft
Est. Value
Highlights
- Home fronts navigable water
- Bay View
- Deck
- Private Water Access
- Open Floorplan
- Raised Ranch Architecture
About This Home
As of November 2020WOW LOOK AT THE STUNNING VIEWS!!! Million dollar views for sure from both levels of the house. Great home located on the Chesapeake Bay offered for the first time in a long time. Many updates to the house to make this beauty a true gem. The updated kitchen with SS appliances and a huge island perfect for entertaining family and friends. Nice open floor plan makes this area nice for a media area, office space, dining area, or more. Nice large bedroom on the main level with large closets and good natural light. Wake up everyday to an amazing sunrise over the bay from your bed. Access the sprawling deck from you main bedroom or living room and enjoy your morning coffee or evening beverage. The fully finished lower level does not disappoint with the views the entire back of the house. Nice space to create a reading area, home school space, adult office, or even rent out the lower level or in-law suite. The large bedroom on the lower level also offers stunning views from its full sized picture window. Full sized bathroom as well make this a great place to live. Added is the large storage room as well. Step outside from the lower level sliders and you will enjoy the views and take in the fresh air and the sounds of the water. This beauty is tucked away in Drum Point and this amazing community does offer a community boat ramp and beach for your pleasure.
Last Buyer's Agent
JOHN S. BECKER
Long & Foster Real Estate, Inc. License #5001042
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,875
Year Built
- Built in 1978
Lot Details
- 0.34 Acre Lot
- Home fronts navigable water
- Property Fronts a Bay or Harbor
- Property is in excellent condition
HOA Fees
- $14 Monthly HOA Fees
Home Design
- Raised Ranch Architecture
- Cement Siding
Interior Spaces
- Property has 2 Levels
- Open Floorplan
- Ceiling Fan
- 2 Fireplaces
- Bamboo Flooring
- Bay Views
- Storm Doors
Kitchen
- Eat-In Kitchen
- Stove
- Built-In Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- Walk-In Closet
Laundry
- Laundry on lower level
- Dryer
Improved Basement
- Heated Basement
- Walk-Out Basement
- Interior and Exterior Basement Entry
- Basement Windows
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
Outdoor Features
- Private Water Access
- Property near a bay
- Rip-Rap
- Deck
- Patio
Schools
- Dowell Elementary School
- Mill Creek Middle School
- Patuxent High School
Utilities
- Central Air
- Heat Pump System
- Vented Exhaust Fan
- Propane
- Well
- Electric Water Heater
- On Site Septic
- Septic Tank
Community Details
- Association fees include road maintenance
- $10 Other Monthly Fees
- Drum Point Property Owners Association, Phone Number (410) 326-6148
- Drum Point Subdivision
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 0501072536
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2020
Closed on
Nov 25, 2020
Sold by
Cabe Gloria B and The Gloria B Cabe Revocable Tr
Bought by
Layke Christian R and Layke Jennifer A
Seller's Agent
Melanie Montague
EXP Realty, LLC
Buyer's Agent
JOHN S. BECKER
Long & Foster Real Estate, Inc.
List Price
$619,900
Sold Price
$620,000
Premium/Discount to List
$100
0.02%
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
$95,495
Avg. Annual Appreciation
5.20%
Original Mortgage
$496,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 7, 2010
Sold by
Cabe Gloria B
Bought by
Cabe Gloria B
Purchase Details
Closed on
Oct 6, 2008
Sold by
Seidel Donann G
Bought by
Cabe Gloria B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,984
Interest Rate
6.41%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 30, 2008
Sold by
Seidel Donann G
Bought by
Cabe Gloria B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,984
Interest Rate
6.41%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 27, 2007
Sold by
Gloss Donald L and Gloss Lois E
Bought by
Connolly Jane E
Purchase Details
Closed on
Mar 26, 2007
Sold by
Gloss Donald L and Gloss Lois E
Bought by
Connolly Jane E
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 |
|---|---|---|---|
| Layke Christian R | $620,000 | Brennan Title Company | |
| Cabe Gloria B | -- | -- | |
| Cabe Gloria B | $585,000 | -- | |
| Cabe Gloria B | $585,000 | -- | |
| Connolly Jane E | -- | -- | |
| Connolly Jane E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Layke Christian R | $1,800,000 | |
| Closed | Layke Christian R | $496,000 | |
| Previous Owner | Cabe Gloria B | $377,300 | |
| Previous Owner | Cabe Gloria B | $410,000 | |
| Previous Owner | Cabe Gloria B | $417,000 | |
| Previous Owner | Cabe Gloria B | $578,984 | |
| Previous Owner | Cabe Gloria B | $578,984 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/25/2020 11/25/20 | Sold | $620,000 | -0.8% | $203 / Sq Ft |
| 10/27/2020 10/27/20 | Price Changed | $625,000 | +0.8% | $205 / Sq Ft |
| 10/26/2020 10/26/20 | Pending | -- | -- | -- |
| 10/20/2020 10/20/20 | For Sale | $619,900 | -- | $203 / 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 | $6,516 | $600,200 | $0 | $0 |
| 2024 | $6,516 | $567,600 | $0 | $0 |
| 2023 | $5,948 | $535,000 | $297,100 | $237,900 |
| 2022 | $5,573 | $499,233 | $0 | $0 |
| 2021 | $11,146 | $463,467 | $0 | $0 |
| 2020 | $4,785 | $427,700 | $297,100 | $130,600 |
| 2019 | $4,487 | $427,700 | $297,100 | $130,600 |
| 2018 | $4,487 | $427,700 | $297,100 | $130,600 |
| 2017 | $5,139 | $455,000 | $0 | $0 |
| 2016 | -- | $455,000 | $0 | $0 |
| 2015 | $5,539 | $455,000 | $0 | $0 |
| 2014 | $5,539 | $458,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Melanie Montague
-
J
Buyer's Agent in 2020
JOHN S. BECKER
Long & Foster
Map
Source: Bright MLS
MLS Number: MDCA179280
APN: 01-072536
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