NOT LISTED FOR SALE

8910 Teal Point Rd Easton, MD 21601

Estimated Value: $2,505,000 - $3,581,648

2 Beds
2.5 Baths
4,990 Sq Ft
$620/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $1,850,000 $371 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $17,504/month

Highlights

  • 470 Feet of Waterfront
  • Pier
  • In Ground Pool
  • 1 Boat Dock
  • Guest House
  • Gourmet Kitchen

About This Home

As of December 2012

Architect designed European contemporary on 1.2 acre point of land on the Miles River with 7 ft MLW at pier. Swimming pool, three car garage with storage above, 2 bedroom, 2 bath guesthouse. Beautifully redone in 2003. MUST SEE! Coop fees to be paid at settlement only.

Last Agent to Sell the Property

Kurt Petzold

kpetzold@goeaston.net Chesapeake Bay Properties Listed on: 02/07/2012

Last Buyer's Agent

Melissa Knapp

(410) 303-9484 melissajanethornhill@gmail.com Meredith Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,468

Year Built

  • Built in 1900 | Remodeled in 2003

Lot Details

  • 1.19 Acre Lot
  • 470 Feet of Waterfront
  • Home fronts navigable water
  • Landscaped
  • Private Lot
  • Property is in very good condition

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Combination Foundation
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Library
  • Wood Flooring
  • Water Views
  • Basement
  • Crawl Space
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Stove
  • Range Hood
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • In Ground Pool
  • Pier
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Outbuilding
  • Porch

Additional Homes

  • Guest House

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Easton Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 2101037757

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,468

Year Built

Built in 1900 | Remodeled in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1900
  • Year Renovated: 2003
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Extra Refrigerator/Freezer, Range Hood, Refrigerator, Stove, Washer
  • Interior Amenities: Attic, Kitchen - Gourmet, Breakfast Area, Dining Area, Primary Bath(s), Built-Ins, Entry Level Bedroom, Upgraded Countertops, Wet/Dry Bar, Wood Floors, Whirlpool/Hottub, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Crawl Space
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Library, Foyer, Breakfast Room, Laundry
  • Basement: Yes
  • Basement Type: Combination
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Guest House
  • Construction Materials: Stucco
  • Dock Type: Pier (Perpendicular)
  • Exterior Features: Outbuilding(s)
  • Pool Features: In Ground
  • 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: 470

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Zoned
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 825000.00
  • Land Assessed Value: 1044200.00
  • Lot Features: Landscaping, Private
  • Lot Size Acres: 1.19
  • Lot Size Area: 51836
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 51836.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5284989
  • Tax Annual Amount: 10467.52
  • Assessor Parcel Number: 2101037757
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2021
Sold by
Cotton John W and Palermo Mary
Bought by
John W Cotton Revocable Trust and Mary Palermo Cotton Revocable
Current Estimated Value
$3,091,912

Purchase Details

Listed on
Feb 7, 2012
Closed on
Dec 14, 2012
Sold by
Liebl Catherine J
Bought by
Cotton John W and Cotton Mary Palermo
Seller's Agent
Kurt Petzold
Chesapeake Bay Properties
Buyer's Agent
Melissa Knapp
Meredith Fine Properties
List Price
$2,450,000
Sold Price
$1,850,000
Premium/Discount to List
-$600,000
-24.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%
Original Mortgage
$1,387,500
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 1996
Sold by
Cobb Ralph L and Cobb Joan S
Bought by
Liebl Hans and Liebl Catherine J

Purchase Details

Closed on
Oct 10, 1995
Sold by
Wheeler Stephen C and Wheeler Carol J
Bought by
Cobb Ralph L and Cobb Joan S
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
John W Cotton Revocable Trust -- Sorge Christine M
John W Cotton Revocable Trust -- None Listed On Document
Cotton John W $1,850,000 Eastern Shore Title Company
Liebl Hans $665,000 --
Cobb Ralph L $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cotton John W $1,387,500
Closed Cobb Ralph L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2012 12/14/12 Sold $1,850,000 -7.3% $371 / Sq Ft
10/23/2012 10/23/12 Pending -- -- --
10/12/2012 10/12/12 Price Changed $1,995,000 -9.3% $400 / Sq Ft
04/24/2012 04/24/12 Price Changed $2,200,000 -10.2% $441 / Sq Ft
02/07/2012 02/07/12 For Sale $2,450,000 -- $491 / 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 $15,846 $1,869,400 $0 $0
2024 $15,846 $1,784,500 $682,700 $1,101,800
2023 $15,006 $1,779,200 $0 $0
2022 $13,928 $1,773,900 $0 $0
2021 $13,122 $1,768,600 $722,900 $1,045,700
2020 $13,122 $1,758,333 $0 $0
2019 $13,105 $1,748,067 $0 $0
2018 $12,599 $1,737,800 $803,200 $934,600
2017 $11,982 $1,737,267 $0 $0
2016 $11,278 $1,736,733 $0 $0
2015 $5,699 $1,736,200 $0 $0
2014 $5,699 $1,594,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003844734

Bright MLS

APN: 01-037757