NOT LISTED FOR SALE

Estimated Value: $2,282,000 - $2,511,000

5 Beds
5.5 Baths
5,095 Sq Ft
$468/Sq Ft Est. Value

Last Sold March 19, 2018

Last sale price $1,750,000 $343 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $13,800/month

177 Days on Market

Highlights

  • 300 Feet of Waterfront
  • 2 Dock Slips
  • Private Pool
  • South River High School Rated A
  • Pier
  • Fishing Allowed

About This Home

As of March 2018

A single glance up Gingerville Creek reveals a private Frank Lloyd Wright inspired estate. Artfully sited on just over 2 acres and 300+ ft of frontage. Enjoy year round views from the great room. State of the art custom finishes from top to bottom. This home boasts a first floor master, two story vaulted Great Room w/ water views, gourmet kitchen w/ viking appliances and Bose speaker system.

Last Agent to Sell the Property

Patrick DeLeonibus

(703) 745-1212 patrick@thewaterfrontgrp.com TTR Sotheby's International Realty Listed on: 07/25/2017

TTR Sotheby's International Realty

Last Buyer's Agent

Patrick DeLeonibus

(703) 745-1212 patrick@thewaterfrontgrp.com TTR Sotheby's International Realty Listed on: 07/25/2017

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,816

Year Built

  • Built in 2002

Lot Details

  • 2.25 Acre Lot
  • 300 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Property is in very good condition
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Post and Beam
  • Asphalt Roof
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Central Vacuum
  • Beamed Ceilings
  • Wood Ceilings
  • Vaulted Ceiling
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Atrium Windows
  • Wood Frame Window
  • Sliding Doors
  • Insulated Doors
  • Wood Flooring
  • River Views

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Double Oven
  • Six Burner Stove
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Instant Hot Water

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Partially Finished Basement

  • Sump Pump
  • Workshop
  • Basement Windows

Home Security

  • Alarm System
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Waterski or Wakeboard
  • Sail
  • Rip-Rap
  • Dock has a Storage Area
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • Physical Dock Slip Conveys
  • 2 Dock Slips
  • Dock made with Treated Lumber
  • 3 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted
  • Shed

Location

  • Property is near creek

Schools

  • Central Middle School
  • South River High School

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Zoned Heating and Cooling System
  • Well
  • High-Efficiency Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot G1B
  • Assessor Parcel Number 020288504194400

Community Details

Overview

  • No Home Owners Association
  • Built by DECK HOUSE COMPANY
  • Wallace Manor Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,816

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Post & Beam
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2017-07-26
  • Year Built: 2002
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Cooktop, Dishwasher, Dryer - Front Loading, Instant Hot Water, Microwave, Oven - Double, Oven - Wall, Six Burner Stove, Washer - Front Loading, Water Heater - High-Efficiency
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Kitchen - Eat-In, Entry Level Bedroom, Upgraded Countertops, Primary Bath(s), Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Atrium, Double Pane, Insulated, Skylights, Wood Frame
  • Fireplace Features: Equipment, Gas/Propane, Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass
  • Wall Ceiling Types: Beamed Ceilings, 9'+ Ceilings, Vaulted Ceilings, Wood Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Sump Pump, Improved, Partially Finished, Windows, Workshop
  • Living Area Units: Square Feet
  • Total Sq Ft: 6201
  • Living Area Sq Ft: 5095
  • Price Per Sq Ft: 514.74
  • Above Grade Finished Sq Ft: 3495
  • Above Grade Unfinished Sq Ft: 564
  • Below Grade Finished Sq Ft: 1600
  • Below Grade Sq Ft: 542
  • Total Below Grade Sq Ft: 2142
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade, Shed
  • Other Structures List: Shed
  • Construction Materials: Hardiplank Type
  • Dock Type: Pier (Perpendicular)
  • Pool Private: Yes
  • Road Surface Type: Paved
  • Roof: Asphalt
  • View: Water, River
  • View: Yes
  • Water Access Features: Boat - Powered, Fishing Allowed, Canoe/Kayak, Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: GINGERVILLE CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 300

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway, Attached, Asphalt Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Cooling: Yes
  • Heating Fuel: Electric, Bottled Gas/Propane
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Electric Alarm, Smoke Detector, Security System
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Lot Info

  • Improvement Assessed Value: 525400.00
  • Land Assessed Value: 693500.00
  • Lot Size Acres: 2.25
  • Lot Size Area: 98010
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 98010.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R1

Building Info

  • Builder Name: DECK HOUSE COMPANY

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15191799
  • Tax Annual Amount: 12816.10
  • Assessor Parcel Number: 020288504194400
  • Tax Lot: G1B
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Waterfront Features: Rip-Rap

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Mar 19, 2018
Sold by
Lessin Lawrence S and Lessin Judith L
Bought by
Reed Justin T and Reed Rebecca
Seller's Agent
Patrick DeLeonibus
TTR Sotheby's International Realty
Buyer's Agent
Patrick DeLeonibus
TTR Sotheby's International Realty
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%
Current Estimated Value
$2,383,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$633,797
Avg. Annual Appreciation
4.05%
Original Mortgage
$140,000
Outstanding Balance
$117,362
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,266,435

Purchase Details

Closed on
Apr 13, 2000
Sold by
Beaulieu Helen S
Bought by
Lessin Lawrence S and Lessin Judith L

Purchase Details

Closed on
Nov 4, 1991
Sold by
Fulton Richard B
Bought by
Beaulieu Helen S
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
Reed Justin T $1,750,000 Capital Title Ins Agency Inc
Lessin Lawrence S $620,000 --
Beaulieu Helen S $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Justin T $140,000
Closed Reed Justin T $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2018 03/19/18 Sold $1,750,000 -2.7% $343 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
10/18/2017 10/18/17 Price Changed $1,799,000 -2.8% $353 / Sq Ft
07/25/2017 07/25/17 For Sale $1,850,000 -- $363 / 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 $15,736 $1,631,433 -- --
2024 $15,736 $1,546,467 $0 $0
2023 $15,309 $1,461,500 $813,500 $648,000
2022 $14,316 $1,395,433 $0 $0
2021 $28,003 $1,329,367 $0 $0
2020 $13,661 $1,263,300 $653,500 $609,800
2019 $13,519 $1,248,500 $0 $0
2018 $12,510 $1,233,700 $0 $0
2017 $8,795 $1,218,900 $0 $0
2016 -- $1,218,900 $0 $0
2015 -- $1,218,900 $0 $0
2014 -- $1,294,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003266263

Bright MLS

APN: 02-885-04194400