NOT LISTED FOR SALE

755 E Watersville Rd Mount Airy, MD 21771

Estimated Value: $643,000 - $1,640,943

3 Beds
2 Baths
1,450 Sq Ft
$868/Sq Ft Est. Value

Last Sold December 15, 2016

Last sale price $4,000,000 $2,759 Per Sq Ft

Current estimated payment $7,263/month

100 Days on Market

Highlights

  • 117.53 Acre Lot
  • Rambler Architecture
  • Porch
  • Lisbon Elementary School Rated A
  • No HOA
  • 2 Car Attached Garage

About This Home

As of December 2016

Great opportunity Howard County developer. percolation testing, test wells and related engineering work completed to support ECP approval. Property is currently in Tier 4, however possibility exists to revive the expired project, create lots via minor subdivision sending remaining density to a qualifying DEO receiving parcel. Three separate parcels. Additional income via Cell Tower lease(s)

Last Agent to Sell the Property

Patrick Pitrone

(410) 984-9486 patpitrone@gmail.com RE/MAX Advantage Realty License #534511 Listed on: 05/23/2016

RE/MAX Advantage Realty

Last Buyer's Agent

Patrick Pitrone

(410) 984-9486 patpitrone@gmail.com RE/MAX Advantage Realty License #534511 Listed on: 05/23/2016

RE/MAX Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,775

Year Built

  • Built in 1998

Lot Details

  • 117.53 Acre Lot
  • Property is zoned RCDEO

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Family Room
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Side Exterior Basement Entry

Outdoor Features

  • Patio
  • Porch

Schools

  • Lisbon Elementary School
  • Glenwood Middle School
  • Glenelg High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1404325605

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,775

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1998
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining
  • Fireplace: No
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Outside Entrance, Side Entrance, Walkout Level, Partially Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Combination, Brick
  • Exterior Features: Sidewalks
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 210.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • 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

  • Elementary School: LISBON
  • High School: GLENELG
  • Middle Or Junior School: GLENWOOD

Lot Info

  • Improvement Assessed Value: 289600.00
  • Land Assessed Value: 597300.00
  • Lot Size Acres: 117.53
  • Lot Size Area: 5119607
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5119607.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Shows Well
  • Remarks Farm: Great opportunity Howard County developer. percolation testing, test wells and related engineering work completed to support ECP approval. Property is currently in Tier 4, however possibility exists to revive the expired project, create lots via minor sub
  • Zoning: RCDEO

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15380323
  • Tax Annual Amount: 11775.17
  • Assessor Parcel Number: 1404325605
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

MLS Schools

  • School District Name: HOWARD COUNTY PUBLIC SCHOOL SYSTEM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2018
Sold by
Frey James M
Bought by
Harrison Edward R and Harrison Jeffrey L
Current Estimated Value
$1,258,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$676,504
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$582,482

Purchase Details

Listed on
May 23, 2016
Closed on
Jan 27, 2017
Sold by
Frey James M
Bought by
Frey James M
Seller's Agent
Patrick Pitrone
RE/MAX Advantage Realty
Buyer's Agent
Patrick Pitrone
RE/MAX Advantage Realty
List Price
$4,000,000
Sold Price
$4,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.95%
Original Mortgage
$4,000,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
May 23, 2016
Closed on
Dec 15, 2016
Sold by
Pickett Bruce W
Bought by
Frey James M
Seller's Agent
Patrick Pitrone
RE/MAX Advantage Realty
Buyer's Agent
Patrick Pitrone
RE/MAX Advantage Realty
List Price
$4,000,000
Sold Price
$4,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2006
Sold by
Pickett Stanley M and Pickett Wf
Bought by
Pickett Stanley Matthew Trustee and Pickett Martha Liann Trustee

Purchase Details

Closed on
Feb 5, 1999
Sold by
Pickett Stanley M and Pickett Wf
Bought by
Pickett Stanley Matthew Trustee and Pickett Martha Liann Trustee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Harrison Edward R $800,000 Fidelity National Title Ins
Frey James M -- Fidelity National Title Grou
Frey James M $4,000,000 Fidelity Natl Title Group
Pickett Stanley Matthew Trustee -- --
Pickett Stanley Matthew Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Edward R $800,000
Previous Owner Frey James M $4,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2016 12/15/16 Sold $4,000,000 0.0% $2,759 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $4,000,000 -- $2,759 / 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 $8,922 $941,000 $509,900 $431,100
2024 $8,922 $894,000 $0 $0
2023 $8,195 $847,000 $0 $0
2022 $7,517 $800,000 $509,900 $290,100
2021 $7,517 $800,000 $509,900 $290,100
2020 $7,517 $800,000 $509,900 $290,100
2019 $8,326 $868,000 $524,900 $343,100
2018 $11,721 $868,000 $524,900 $343,100
2017 $11,677 $868,000 $0 $0
2016 -- $886,800 $0 $0
2015 -- $872,133 $0 $0
2014 -- $857,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003928917

Bright MLS

APN: 04-325605