NOT LISTED FOR SALE

7798 Quaker Neck Rd Bozman, MD 21612

Estimated Value: $1,358,000 - $2,284,489

4 Beds
4.5 Baths
6,340 Sq Ft
$294/Sq Ft Est. Value

Last Sold February 27, 2017

Last sale price $750,000 $118 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $10,997/month

293 Days on Market

Highlights

  • 250 Feet of Waterfront
  • Barn
  • Water Oriented
  • 1 Dock Slip
  • Cabana
  • 34.32 Acre Lot

About This Home

As of February 2017

Waterfront 6500 sq.ft. Mid Century Modern Structure on 5 parcels totalling 45 acres. 8 Bay detached garage with workshop and second floor storage. Pool, dock and protected "cut out" slip for a large boat. The entire property is a project but has immense potential.

Last Agent to Sell the Property

Tim Miller Sr.

Benson & Mangold, LLC License #576958 Listed on: 12/18/2015

Benson & Mangold, LLC

Last Buyer's Agent

Tim Miller Sr.

Benson & Mangold, LLC License #576958 Listed on: 12/18/2015

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,622

Year Built

  • Built in 1964

Lot Details

  • 34.32 Acre Lot
  • 250 Feet of Waterfront
  • Southwest Facing Home
  • Private Lot
  • Secluded Lot
  • Wooded Lot
  • Tidal Wetland on Lot
  • Additional Land

Parking

  • 8 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 1 Level
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • 2 Fireplaces
  • Water Views
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Pool

  • Cabana
  • Private Pool

Outdoor Features

  • Water Oriented
  • River Nearby
  • Bulkhead
  • Rip-Rap
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Farming

  • Barn

Utilities

  • Whole House Fan
  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Oil Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2102080265

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,622

Year Built

Built in 1964

Lot Details

0

Parking

8

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2015-12-18
  • Year Built: 1964
  • Remarks Public: Waterfront 6500 sq.ft. Mid Century Modern Structure on 5 parcels totalling 45 acres. 8 Bay detached garage with workshop and second floor storage. Pool, dock and protected "cut out" slip for a large boat. The entire property is a project but has immense potential.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Oven - Wall
  • Interior Amenities: Attic, Breakfast Area, Butlers Pantry, Built-Ins, Crown Moldings
  • Fireplace Features: Equipment
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 7798

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Cabana/Pool House, Barn
  • Other Structures List: Cabana/Pool House, Barn
  • Construction Materials: Brick
  • Dock Type: Single Slip
  • Pool Private: Yes
  • Roof: Tar/Gravel
  • View: Water
  • View: Yes
  • Water Access: No
  • Water Body Name: GRACE CREEK
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 250

Garage/Parking

  • Garage Spaces: 8.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Covered Parking
  • Number Of Detached Garage Spaces: 8
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Whole House Fan, Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric, Oil
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 484300.00
  • Land Assessed Value: 1892500.00
  • Lot Features: Additional Lot(s), Bulkheaded, Rip-Rapped, Tidal Wetland, Trees/Wooded, Secluded, Private
  • Lot Size Acres: 34.32
  • Lot Size Area: 1494979
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1494979.00
  • Property Attached Yn: No
  • Property Condition: As-Is Condition
  • Year Assessed: 2015

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5292950
  • Tax Annual Amount: 13621.61
  • Assessor Parcel Number: 2102080265
  • Tax Total Finished Sq Ft: 6340
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 02/27/2017

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 3
  • Waterfront Features: Private Dock Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2015
Closed on
Feb 27, 2017
Sold by
Booth Curtis H and The Estate Of Sara V Otto
Bought by
Rabkin Charles S and Plagge Mari L
Seller's Agent
Tim Miller Sr.
Benson & Mangold, LLC
Buyer's Agent
Tim Miller Sr.
Benson & Mangold, LLC
List Price
$1,600,000
Sold Price
$750,000
Premium/Discount to List
-$850,000
-53.12%
Current Estimated Value
$1,862,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,112,872
Avg. Annual Appreciation
10.35%

Purchase Details

Closed on
Dec 29, 2011
Sold by
Otto Sara V and Estate Of Virginia S Otto & Sa
Bought by
Otto Sara V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
4%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Rabkin Charles S $750,000 Eastern Shore Title Co
Otto Sara V -- Homeland Title & Escrow Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otto Sara V $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2017 02/27/17 Sold $750,000 -25.0% $118 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
05/04/2016 05/04/16 Price Changed $999,999 -23.1% $158 / Sq Ft
03/07/2016 03/07/16 Price Changed $1,299,999 -18.8% $205 / Sq Ft
01/04/2016 01/04/16 For Sale $1,600,000 +113.3% $252 / Sq Ft
12/21/2015 12/21/15 Off Market $750,000 -- --
12/18/2015 12/18/15 For Sale $1,600,000 -- $252 / 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 $10,162 $1,162,600 $970,500 $192,100
2024 $10,162 $1,128,633 $0 $0
2023 $9,342 $1,094,667 $0 $0
2022 $8,410 $1,060,700 $922,000 $138,700
2021 $7,521 $979,267 $0 $0
2020 $6,729 $897,833 $0 $0
2019 $6,124 $816,400 $691,900 $124,500
2018 $5,923 $816,400 $691,900 $124,500
2017 $6,495 $816,400 $0 $0
2016 $8,038 $2,102,100 $0 $0
2015 $7,393 $2,102,100 $0 $0
2014 $7,393 $2,102,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003749861

Bright MLS

APN: 02-080265