NOT LISTED FOR SALE

805 Kim Dr Cambridge, MD 21613

Estimated Value: $903,000 - $1,362,000

5 Beds
3.5 Baths
4,252 Sq Ft
$268/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $735,000 $173 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,867/month

604 Days on Market

Highlights

  • 350 Feet of Waterfront
  • Pier
  • 3.6 Acre Lot
  • 2 Dock Slips
  • Private Pool
  • Open Floorplan

About This Home

As of March 2020

JUST REDUCED! Terrific waterfront home in Ferry Farms. 3.6 ac on Covey Cove w/ sunset views to the Ches Bay. Custom built, 4200+ sqft. Open floor plan, large kitchen family room combination, separate game room. Formal DR and LR. 5 bdrms including 2 master bdrms. HW floors, granite countertops. 3 car garage. Inground pool. Private pier. Income producing vacation rental. Contact agent for more info.

Last Agent to Sell the Property

Donna McDonnell

(410) 228-2525 donna@sharonre.com Sharon Real Estate P.C. Listed on: 06/12/2018

Last Buyer's Agent

Margaret Retallack

(410) 310-3831 mretallack@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company License #95496

Coldwell Banker Chesapeake Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,914

Year Built

  • Built in 2002

Lot Details

  • 3.6 Acre Lot
  • 350 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Property is zoned RC

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 4,252 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • 3 Fireplaces
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Gas Fireplace
  • Family Room
  • Combination Kitchen and Living
  • Sitting Room
  • Dining Room
  • Home Gym
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Instant Hot Water

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Pier
  • Water Access
  • Rip-Rap
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Programmable Thermostat
  • 200+ Amp Service
  • Well
  • Tankless Water Heater
  • Bottled Gas Water Heater
  • Septic Tank

Community Details

  • Ferry Farms HOA
  • Ferry Farms Estates Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 6
  • Assessor Parcel Number 1008187649

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,914

Year Built

Built in 2002

Lot Details

0

HOA Fees

$29 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Icemaker, Cooktop, Dishwasher, Washer, Dryer
  • Interior Amenities: Combination Kitchen/Living, Kitchen - Island, Kitchen - Table Space, Kitchen - Eat-In, Primary Bath(s), Built-Ins, Chair Railings, Crown Moldings, Upgraded Countertops, Floor Plan - Open
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors, Equipment, Screen
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Exercise Room, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 4252
  • Living Area Sq Ft: 4252
  • Price Per Sq Ft: 183.44
  • Above Grade Finished Sq Ft: 4252
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stone, Combination
  • Dock Type: Pier (Perpendicular)
  • View: Water
  • Water Access: Yes
  • Water Body Name: COVEY CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 350

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Gravel Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Programmable Thermostat, Forced Air
  • Heating: Yes
  • Hot Water: Tankless, Instant Hot Water, Bottled Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: FERRY FARMS
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 523800.00
  • Land Assessed Value: 223900.00
  • Lot Size Acres: 3.60
  • Lot Size Area: 156816
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 156816.00
  • Zoning: RC
  • In City Limits: No

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5317638
  • Tax Annual Amount: 8913.89
  • Assessor Parcel Number: 1008187649
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Federal Flood Zone: AE
  • Waterfront Features: Rip-Rap, Private Dock Site

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Mar 19, 2020
Sold by
Sales Charles F and Sales Suzanne R
Bought by
Bird Keith and Bird Karen
Seller's Agent
Donna McDonnell
Sharon Real Estate P.C.
Buyer's Agent
Margaret Retallack
Coldwell Banker Chesapeake Real Estate Company
List Price
$875,000
Sold Price
$735,000
Premium/Discount to List
-$140,000
-16%
Current Estimated Value
$1,138,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,113
Avg. Annual Appreciation
7.94%
Original Mortgage
$735,000
Outstanding Balance
$639,595
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$498,518

Purchase Details

Closed on
Feb 12, 2002
Sold by
Thomas W Henry
Bought by
Sales Charles F and Sales Suzanne R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bird Keith $735,000 Eastern Shore Title Company
Sales Charles F $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bird Keith $735,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $735,000 -5.8% $173 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
06/06/2019 06/06/19 Price Changed $780,000 -2.4% $183 / Sq Ft
09/18/2018 09/18/18 Price Changed $799,500 -8.6% $188 / Sq Ft
06/12/2018 06/12/18 For Sale $875,000 -- $206 / 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 $10,228 $890,333 $0 $0
2024 $8,200 $811,167 $0 $0
2023 $8,200 $732,000 $203,900 $528,100
2022 $8,200 $732,000 $203,900 $528,100
2021 $8,374 $732,000 $203,900 $528,100
2020 $8,374 $747,700 $223,900 $523,800
2019 $8,374 $747,700 $223,900 $523,800
2018 $8,374 $747,700 $223,900 $523,800
2017 $8,990 $820,800 $0 $0
2016 -- $820,800 $0 $0
2015 $9,812 $820,800 $0 $0
2014 $9,812 $845,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001837118

Bright MLS

APN: 08-187649