NOT LISTED FOR SALE

Estimated Value: $593,000 - $703,000

5 Beds
4 Baths
2,768 Sq Ft
$232/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $480,000 $173 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,771/month

25 Days on Market

Highlights

  • 1.17 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Rambler Architecture

About This Home

As of May 2020

Spacious and hard-to-find renovated rancher in a WATER PRIVILEGED COMMUNITY and on OVER AN ACRE! This home has so much to offer... new and permitted master bedroom addition, in-law suite (apartment with potential $1,000-$1500/mo income), large detached barn style garage with workshop and 2nd floor, and a huge cul-de-sac lot with subdivision potential (see the area to the left beyond the fencing). The main floor features living room, eat-in in new and fully equipped kitchen, rear sunroom, 2 bedrooms, hall remodeled bathrooms and the new master suite and master bathroom. The master suite is open with a cathedral ceiling and access to a private master bathroom (all new addition). To the left side of the home there is an updated in-law suite with separate access featuring a living room, kitchenette, full bedroom and bathroom (the suite can be opened back into the home, if required). The lower level has a remodeled rec room and additional room that can be used as a 4th bedroom, den or guest room. Additional lower level storage is available in the utility room. The sunroom leads to a rear deck and overlooks a fenced-in yard. The rear garage has power with a workshop setup, 2nd floor area and additional section to house a riding lawn mower, more tools or water sports equipment. There is plenty of off-street parking for several cars and a boat. NEW ROOF, NEW SIDING, NEW PLUMBING, NEW ELECTRICAL, NEW HOT WATER HEATER, NEW KITCHEN AND NEW BATHS and more improvements....

Last Agent to Sell the Property

April Love Raimond

(302) 620-3340 april@coastallovegroup.com EXP Realty, LLC Listed on: 03/23/2020

EXP Realty, LLC

Last Buyer's Agent

Shawn Martin

(443) 955-9354 smartin7593@gmail.com Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,977

Year Built

  • Built in 1965

Lot Details

  • 1.17 Acre Lot
  • Property is zoned R2

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture

Interior Spaces

  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Schools

  • Jacobsville Elementary School
  • Chesapeake Bay Middle School
  • Chesapeake High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil

Community Details

  • No Home Owners Association
  • $50 Recreation Fee
  • Riviera Isle Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 020369108467500

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,977

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2020-03-24
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 2768
  • Living Area Sq Ft: 2768
  • Price Per Sq Ft: 318.24
  • Above Grade Finished Sq Ft: 1568
  • Below Grade Finished Sq Ft: 1200
  • Total Below Grade Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 50.00
  • Association Recreation Fee: Yes

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: JACOBSVILLE
  • High School: CHESAPEAKE
  • Middle Or Junior School: CHESAPEAKE BAY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 171200.00
  • Land Assessed Value: 193700.00
  • Lot Size Acres: 1.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 50930.00
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 15243972
  • Tax Annual Amount: 3977.00
  • Assessor Parcel Number: 020369108467500
  • Tax Lot: 29
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
May 22, 2020
Sold by
Gilgore Ashley L
Bought by
Desposito Adam and Desposito Nadine M
Seller's Agent
April Love Raimond
EXP Realty, LLC
Buyer's Agent
Shawn Martin
Real Broker, LLC
List Price
$525,000
Sold Price
$480,000
Premium/Discount to List
-$45,000
-8.57%
Current Estimated Value
$643,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,268
Avg. Annual Appreciation
5.35%
Original Mortgage
$456,000
Outstanding Balance
$404,079
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$239,189

Purchase Details

Listed on
Aug 22, 2018
Closed on
Nov 30, 2018
Sold by
Secretary Of Housing & Urban Development
Bought by
Gilgore Ashley L
Seller's Agent
Terry Miller
RE/MAX Leading Edge
Buyer's Agent
Patrick Thelwell
KW Metro Center
List Price
$249,000
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.00%
Original Mortgage
$331,550
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 1, 2018
Sold by
Mueller Mary E and Estate Of Fred M Downey Jr
Bought by
Secretary Of Hud

Purchase Details

Closed on
Feb 18, 2004
Sold by
Downey Fred M
Bought by
Downey Fred M
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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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
Desposito Adam $480,000 Charter Title Llc
Gilgore Ashley L $249,000 Gpn Title Inc
Secretary Of Hud $243,858 None Available
Downey Fred M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desposito Adam $456,000
Previous Owner Gilgore Ashley L $331,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2020 05/22/20 Sold $480,000 -3.8% $173 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
04/02/2020 04/02/20 Price Changed $499,000 -5.0% $180 / Sq Ft
03/23/2020 03/23/20 For Sale $525,000 +110.8% $190 / Sq Ft
11/15/2018 11/15/18 Sold $249,000 0.0% $159 / Sq Ft View Prior Sale
09/25/2018 09/25/18 Pending -- -- --
09/15/2018 09/15/18 For Sale $249,000 0.0% $159 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $249,000 -- $159 / 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 $4,928 $472,467 -- --
2024 $4,928 $448,800 $213,700 $235,100
2023 $4,782 $420,833 $0 $0
2022 $4,459 $392,867 $0 $0
2020 $4,192 $358,167 $0 $0
2019 $8,221 $351,433 $0 $0
2018 $3,495 $344,700 $175,700 $169,000
2017 $2,564 $331,800 $0 $0
2016 -- $318,900 $0 $0
2015 -- $306,000 $0 $0
2014 -- $300,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA429122

Bright MLS

APN: 03-691-08467500