NOT LISTED FOR SALE

7023 Dawsons Branch Dr Preston, MD 21655

Estimated Value: $226,000 - $350,000

1 Bed
1 Bath
480 Sq Ft
$658/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $125,000 $260 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,996/month

58 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Stream or River on Lot
  • No HOA
  • Water Oriented
  • 1 Fireplace
  • Cottage

About This Home

As of August 2018

PRICED to below 50% of 2018 assessed LAND VALUE on this WATERFRONT PROPERTY...Shell house on Choptank River. Property has perked but will need septic. House has ELECTRIC! On 3+ Acres of BEAUTIFUL WATERFRONT. Seller will consider all serious offers. (Possible OTB ). Water shallow at shoreline, great for Kayak or jon boat. Bird Watchers delight! Great for family retreat / sport lodge or HOME.

Last Agent to Sell the Property

Larry Hudson

Blackwell Real Estate, LLC Listed on: 06/20/2018

Last Buyer's Agent

Larry Hudson

Blackwell Real Estate, LLC Listed on: 06/20/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,037

Year Built

  • Built in 1950

Lot Details

  • 3.42 Acre Lot
  • 100 Feet of Waterfront

Parking

  • Dirt Driveway

Home Design

  • Cottage
  • Fixer Upper

Interior Spaces

  • 1 Main Level Bedroom
  • Property has 1 Level
  • 1 Fireplace

Outdoor Features

  • Water Oriented
  • River Nearby
  • Stream or River on Lot

Utilities

  • Well
  • No Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0604016629

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,037

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1950
  • Remarks Public: PRICED to below 50% of 2018 assessed LAND VALUE on this WATERFRONT PROPERTY...Shell house on Choptank River. Property has perked but will need septic. House has ELECTRIC! On 3+ Acres of BEAUTIFUL WATERFRONT. Seller will consider all serious offers. (Possible OTB ). Water shallow at shoreline, great for Kayak or jon boat. Bird Watchers delight! Great for family retreat / sport lodge or HOME.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 7023

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Construction Materials: Concrete
  • Water Access: No
  • Water Body Name: CHOPTANK
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Parking Features: Dirt Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CAROLINE COUNTY PUBLIC SCHOOLS
  • School District Key: 121139029245

Lot Info

  • Improvement Assessed Value: 4200.00
  • Land Assessed Value: 261300.00
  • Lot Size Acres: 3.42
  • Lot Size Area: 148975
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 148975.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2018
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4491283
  • Tax Annual Amount: 3036.79
  • Assessor Parcel Number: 0604016629
  • Tax Total Finished Sq Ft: 480
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 08/30/2018

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 4

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Aug 30, 2018
Sold by
Vassas Elisa A
Bought by
Robinson Dawn
Seller's Agent
Larry Hudson
Blackwell Real Estate, LLC
Buyer's Agent
Larry Hudson
Blackwell Real Estate, LLC
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$315,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,782
Avg. Annual Appreciation
12.16%
Original Mortgage
$90,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2011
Sold by
Vassas James W
Bought by
Vassas Elisa A

Purchase Details

Closed on
Mar 14, 2011
Sold by
Vassas James W
Bought by
Vassas Elisa A

Purchase Details

Closed on
May 1, 2001
Sold by
Vassas James W and Vassas Jane Monnett
Bought by
Vassas James W
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
Robinson Dawn $125,000 Maryland Title Group
Vassas Elisa A -- --
Vassas Elisa A -- --
Vassas James W $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Robinson Dawn $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $125,000 +0.1% $260 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $124,900 -- $260 / 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 $3,209 $298,600 $0 $0
2024 $3,209 $288,400 $0 $0
2023 $2,640 $236,300 $236,300 $0
2022 $2,640 $236,300 $236,300 $0
2021 $2,640 $236,300 $236,300 $0
2020 $2,959 $265,500 $261,300 $4,200
2019 $2,959 $265,500 $261,300 $4,200
2018 $2,959 $265,500 $261,300 $4,200
2017 $3,037 $272,600 $0 $0
2016 -- $272,600 $0 $0
2015 $3,645 $272,600 $0 $0
2014 $3,645 $312,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001910792

Bright MLS

APN: 04-016629