NOT LISTED FOR SALE

6331 Ocean Gateway Trappe, MD 21673

Estimated Value: $152,390 - $250,000

2 Beds
1 Bath
1,122 Sq Ft
$168/Sq Ft Est. Value

Last Sold November 15, 2017

Last sale price $95,000 $85 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,119/month

12 Days on Market

Highlights

  • Farmhouse Style Home
  • Window Unit Cooling System
  • Combination Kitchen and Dining Room
  • No HOA
  • Living Room
  • Baseboard Heating

About This Home

As of November 2017

Great investment property or starter home. Full-time tenant wishing to stay. Spacious kitchen includes updates, new paint, rear deck, storage building in rear and plenty of parking. Excellent income producing property.

Last Listed By

Monica Penwell

TTR Sotheby's International Realty Listed on: 10/13/2017

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $524

Year Built

  • Built in 1920

Lot Details

  • 0.49 Acre Lot

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Living Room
  • Combination Kitchen and Dining Room
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Space Number Location: 5
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Trappe Subdivision

Listing and Financial Details

  • Tax Lot .49
  • Assessor Parcel Number 2103115259

Home Details

Home Type

Single Family

Est. Annual Taxes

$524

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1920
  • Remarks Public: Great investment property or starter home. Full-time tenant wishing to stay. Spacious kitchen includes updates, new paint, rear deck, storage building in rear and plenty of parking. Excellent income producing property.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Interior Amenities: Combination Kitchen/Dining
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 6331

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Space Number Assigned: 5
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • 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

Schools

  • School District: TALBOT COUNTY PUBLIC SCHOOLS
  • School District Key: 121138072466

Lot Info

  • Improvement Assessed Value: 32600.00
  • Land Assessed Value: 44100.00
  • Lot Size Acres: 0.49
  • Lot Size Area: 21344
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21344.00
  • Property Attached Yn: No
  • Year Assessed: 2017

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5295978
  • Tax Annual Amount: 523.71
  • Assessor Parcel Number: 2103115259
  • Tax Lot: .49
  • Tax Total Finished Sq Ft: 1122
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 11/15/2017

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2017
Closed on
Nov 15, 2017
Sold by
Griep A Susan
Bought by
Brynn Llc
Seller's Agent
Monica Penwell
TTR Sotheby's International Realty
Buyer's Agent
Monica Penwell
TTR Sotheby's International Realty
List Price
$109,000
Sold Price
$95,000
Premium/Discount to List
-$14,000
-12.84%
Total Days on Market
12
Current Estimated Value
$188,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,348
Avg. Annual Appreciation
8.94%
Original Mortgage
$76,000
Outstanding Balance
$64,883
Interest Rate
3.85%
Mortgage Type
Commercial
Estimated Equity
$115,361

Purchase Details

Closed on
May 17, 2006
Sold by
Brice Harold S. and Brice Harold S. Jessie R.
Bought by
Griep A. Susan

Purchase Details

Closed on
May 16, 2006
Sold by
Brice Harold S. and Brice Harold S. Jessie R.
Bought by
Griep A. Susan

Purchase Details

Closed on
Apr 17, 1995
Sold by
Hawkins Rosetta M
Bought by
Brice Harold S and Brice Harold S Jessie R

Purchase Details

Closed on
Nov 22, 1994
Sold by
Dixon William and Dixon Mamie E L
Bought by
Hawkins Rosetta M

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
Brynn Llc $95,000 Eastern Shore Title Co
Griep A. Susan $65,000 --
Griep A. Susan $65,000 --
Brice Harold S $40,000 --
Hawkins Rosetta M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brynn Llc $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2017 11/15/17 Sold $95,000 -12.8% $85 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
10/13/2017 10/13/17 For Sale $109,000 -- $97 / 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
2024 $894 $93,200 $0 $0
2023 $773 $84,100 $44,700 $39,400
2022 $708 $82,333 $0 $0
2021 $674 $80,567 $0 $0
2020 $645 $78,800 $44,100 $34,700
2019 $640 $78,100 $0 $0
2018 $616 $77,400 $0 $0
2017 $584 $76,700 $0 $0
2016 $553 $76,700 $0 $0
2015 $549 $76,700 $0 $0
2014 $549 $89,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Monica Penwell

    Seller's Agent in 2017

    Monica Penwell

    TTR Sotheby's International Realty

    (410) 310-0225

    49 Total Sales

    Monica Penwell
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Map

Source: Bright MLS

MLS Number: 1001652367

Bright MLS

APN: 03-115259

Maryland Talbot County Trappe 21673

6331 Ocean Gateway, Trappe, MD

Homes for Sale in Trappe, MD

This home is located at 6331 Ocean Gateway, Trappe, MD 21673 since 13 October 2017 and is currently estimated at $188,348, approximately $167 per square foot. This property was built in 1920. 6331 Ocean Gateway is a home located in Talbot County with nearby schools including White Marsh Elementary School, Easton Middle School, and Easton High School.

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