Seller's Agent in 2017
A. John Price
Patterson-Schwartz Real Estate
(302) 378-1979
48 Total Sales
680 Cherry Grove Rd Earleville, MD 21919
Estimated Value: $950,000 - $3,409,000
5
Beds
3.5
Baths
4,972
Sq Ft
$511/Sq Ft
Est. Value
Highlights
- 9,998 Feet of Waterfront
- 400 Acre Lot
- Pole Barn
- Water Oriented
- Stream or River on Lot
- Farmhouse Style Home
About This Home
As of April 2017Cherry Grove Farm offers a glimpse into our past when the farm was owned by a prominent Governor of Maryland, Thomas Veasey. The original body of the main house, which dates to the mid 1700's is of Dutch Colonial design and log construction with subsequent frame additions. The home features period wood flooring, paneling, exposed beams, numerous fireplaces, brick flooring, screened porch and wonderful summer breezes. In addition to the sprawling main house, the farm features a small frame tenant cottage, and numerous ancillary buildings to the main farming operation. Of the approx. 400 acres there are about 200 acres in cultivation, with the balance around the buildings and woods. The farm has approx. 10,000 feet or waterfrontage at the confluence of the Bohemia and Elk Rivers along the Inter Coastal Waterway. The water views from this property are second to none. Cherry Grove is not only a farm, or a waterfront estate, it is a lifestyle that offers a quiet country setting where history abounds.
Last Agent to Sell the Property
Patterson-Schwartz Real Estate License #RSR002189 Listed on: 06/03/2013
Last Buyer's Agent
Patterson-Schwartz Real Estate License #RSR002189 Listed on: 06/03/2013
Property Details
Property Type
- Other
Est. Annual Taxes
- $5,143
Year Built
- Built in 1753
Lot Details
- 400 Acre Lot
- 9,998 Feet of Waterfront
- Rural Setting
- The property's topography is level, rolling
- Marsh on Lot
- Property is zoned SAR
Parking
- Garage
Property Views
- Water Views
Home Design
- Farmhouse Style Home
- Farm
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
Outdoor Features
- Water Oriented
- River Nearby
- Stream or River on Lot
- Pole Barn
Schools
- Bohemia Manor High School
Farming
- Crops
- Machine Shed
Utilities
- Well
- Approved Septic System
- On Site Septic
- Septic Tank
- Phone Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 01-025619
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2013
Closed on
Mar 22, 2017
Sold by
Cherry Grove Llc
Bought by
Cochran Thomas H and Cochran Nancy D
Seller's Agent
A. John Price
Patterson-Schwartz Real Estate
Buyer's Agent
A. John Price
Patterson-Schwartz Real Estate
List Price
$3,500,000
Sold Price
$2,200,000
Premium/Discount to List
-$1,300,000
-37.14%
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
$339,116
Avg. Annual Appreciation
0.27%
Original Mortgage
$1,900,000
Outstanding Balance
$1,605,378
Interest Rate
4.17%
Mortgage Type
Commercial
Estimated Equity
$456,111
Purchase Details
Closed on
Dec 16, 2013
Sold by
Cherry Grove Llc
Bought by
Hutchison Mary Ward
Purchase Details
Closed on
Dec 28, 2001
Sold by
Blankenship Ray and Blankenship Jacqueline C
Bought by
Singerly Joint Venture Lp
Purchase Details
Closed on
Dec 18, 2001
Sold by
Ward Elizabeth O Of
Bought by
Ward Elizabeth O and Ward 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 |
|---|---|---|---|
| Cochran Thomas H | $2,014,986 | None Available | |
| Hutchison Mary Ward | $20,000 | None Available | |
| Singerly Joint Venture Lp | $125,000 | -- | |
| Cherry Grove Llc | -- | -- | |
| Ward Elizabeth O | -- | -- | |
| Ward Elizabeth O Of | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cochran Thomas H | $1,900,000 | |
| Closed | Singerly Joint Venture Lp | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/19/2017 04/19/17 | Sold | $2,200,000 | +9.2% | $442 / Sq Ft |
| 03/22/2017 03/22/17 | Sold | $2,014,986 | -42.4% | $405 / Sq Ft |
| 12/16/2016 12/16/16 | Pending | -- | -- | -- |
| 12/16/2016 12/16/16 | Pending | -- | -- | -- |
| 07/03/2013 07/03/13 | For Sale | $3,500,000 | 0.0% | $704 / Sq Ft |
| 06/03/2013 06/03/13 | For Sale | $3,500,000 | -- | $704 / 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 | $6,297 | $569,933 | $0 | $0 |
| 2024 | $5,884 | $532,200 | $211,800 | $320,400 |
| 2023 | $5,900 | $528,800 | $0 | $0 |
| 2022 | $5,978 | $525,400 | $0 | $0 |
| 2021 | $6,010 | $522,000 | $211,800 | $310,200 |
| 2020 | $5,879 | $504,533 | $0 | $0 |
| 2019 | $5,678 | $487,067 | $0 | $0 |
| 2018 | $5,476 | $469,600 | $236,800 | $232,800 |
| 2017 | $5,476 | $469,600 | $0 | $0 |
| 2016 | $5,453 | $469,900 | $0 | $0 |
| 2015 | $5,453 | $489,100 | $0 | $0 |
| 2014 | $6,188 | $489,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2017
Karen Kunda
RE/MAX
(443) 466-5375
13 Total Sales
Map
Source: Bright MLS
MLS Number: 1002629619
APN: 01-025619
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