NOT LISTED FOR SALE

8872 Teal Point Rd Easton, MD 21601

Estimated Value: $1,559,000 - $2,036,000

3 Beds
3.5 Baths
2,800 Sq Ft
$631/Sq Ft Est. Value

Last Sold January 17, 2013

Last sale price $950,000 $339 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $9,902/month

Highlights

  • 60 Feet of Waterfront
  • Pier
  • Gourmet Kitchen
  • 1 Boat Dock
  • Private Pool
  • 0.7 Acre Lot

About This Home

As of January 2013

Must be seen! One of a Kind Waterfront! Quality Construction!

Last Agent to Sell the Property

Sharon Woodruff

(410) 829-5026 swoodruff@bensonandmangold.com Benson & Mangold, LLC License #94686 Listed on: 05/08/2012

Benson & Mangold, LLC

Last Buyer's Agent

Tom Crouch

(410) 310-8916 tcrouch@bensonandmangold.com Benson & Mangold, LLC License #80097

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,925

Year Built

  • Built in 1999

Lot Details

  • 0.7 Acre Lot
  • 60 Feet of Waterfront
  • Home fronts navigable water
  • Property is in very good condition

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Cottage
  • Shingle Roof
  • Shake Siding
  • Cedar

Interior Spaces

  • 2,800 Sq Ft Home
  • Property has 2 Levels
  • Central Vacuum
  • Curved or Spiral Staircase
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Window Treatments
  • French Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Wood Flooring
  • Water Views
  • Attic Fan
  • Fire and Smoke Detector

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Built-In Double Oven
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Private Pool
  • Pier
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Schools

  • Easton Middle School
  • Easton High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Multiple Phone Lines
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 2101029045

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,925

Year Built

Built in 1999

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Icemaker, Microwave, Oven - Double, Oven - Wall, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Gourmet, Kitchen - Island, Dining Area, Primary Bath(s), Built-Ins, Crown Moldings, Curved Staircase, Window Treatments, Wainscotting, Wood Floors, Whirlpool/Hottub, Recessed Lighting
  • Window Features: Double Pane, Low-E
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: 9'+ Ceilings, Vaulted Ceilings
  • Entry Location: Foyer
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Family Room, Foyer, Breakfast Room, Laundry, Utility Room, Attic
  • Basement: Yes
  • Basement Type: Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 391.07
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Cedar, Shake Siding
  • Dock Type: Pier (Perpendicular)
  • Exterior Features: Satellite Dish
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Water
  • Water Access: Yes
  • Water Body Name: MILES RIVER
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 60

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Attic Fan, Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Septic Exists
  • Utilities: Multiple Phone Lines
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • High School: EASTON
  • Middle Or Junior School: EASTON

Lot Info

  • Improvement Assessed Value: 502700.00
  • Land Assessed Value: 555300.00
  • Lot Size Acres: 0.70
  • Lot Size Area: 30492
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 30492.00
  • Property Condition: Very Good

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5284255
  • Tax Annual Amount: 5924.80
  • Assessor Parcel Number: 2101029045
  • Tax Lot: A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2012
Closed on
Jan 17, 2013
Sold by
Smith Carolyn P and The Carolyn P Smith Revocable
Bought by
Hogan Elizabeth A and Hogan Elizabeth Jean
Seller's Agent
Sharon Woodruff
Benson & Mangold, LLC
Buyer's Agent
Tom Crouch
Benson & Mangold, LLC
List Price
$1,195,000
Sold Price
$950,000
Premium/Discount to List
-$245,000
-20.5%
Current Estimated Value
$1,767,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$817,148
Avg. Annual Appreciation
4.97%
Original Mortgage
$250,000
Outstanding Balance
$174,150
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$1,592,998

Purchase Details

Closed on
Jan 12, 2007
Sold by
Smith Barry B
Bought by
Smith Barry B And and Smith Carolyn P Trustees

Purchase Details

Closed on
Jan 1, 2007
Sold by
Smith Barry B
Bought by
Smith Barry B And and Smith Carolyn P Trustees

Purchase Details

Closed on
Jan 9, 2006
Sold by
Griswold James R Trustee
Bought by
Smith Barry B and Smith Carolyn P

Purchase Details

Closed on
Jan 16, 1998
Sold by
Olszewski Alan M
Bought by
Griswold James R Trustee

Purchase Details

Closed on
Apr 15, 1997
Sold by
Bennett Robert L and Bennett Linda R
Bought by
Olszewski Alan M
Source: Public Records

Range of Values:

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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
Hogan Elizabeth A $950,000 Eastern Shore Title Company
Smith Barry B And -- --
Smith Barry B And -- --
Smith Barry B $1,595,000 --
Griswold James R Trustee $245,000 --
Olszewski Alan M $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hogan Elizabeth A $250,000
Closed Olszewski Alan M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2013 01/17/13 Sold $950,000 -13.2% $339 / Sq Ft
10/24/2012 10/24/12 Pending -- -- --
10/16/2012 10/16/12 Price Changed $1,095,000 -8.4% $391 / Sq Ft
05/08/2012 05/08/12 For Sale $1,195,000 -- $427 / 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 $7,828 $912,000 $0 $0
2024 $7,828 $874,600 $382,200 $492,400
2023 $7,416 $874,600 $382,200 $492,400
2022 $6,885 $874,600 $382,200 $492,400
2021 $6,692 $878,300 $404,600 $473,700
2020 $6,524 $878,300 $404,600 $473,700
2019 $6,584 $878,300 $404,600 $473,700
2018 $6,492 $895,700 $449,500 $446,200
2017 $6,169 $894,700 $0 $0
2016 $5,797 $893,700 $0 $0
2015 $5,907 $892,700 $0 $0
2014 $5,907 $892,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003976896

Bright MLS

APN: 01-029045