NOT LISTED FOR SALE

9016 Michael Way Owings, MD 20736

Estimated Value: $391,000 - $546,000

3 Beds
2.5 Baths
1,456 Sq Ft
$323/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $240,000 $165 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,830/month

4 Days on Market

Highlights

  • 1.63 Acre Lot
  • Colonial Architecture
  • Backs to Trees or Woods
  • Windy Hill Elementary School Rated A-
  • Deck
  • 2 Fireplaces

About This Home

As of January 2018

This home is a fixer upper with great potential! Estate sale"As-Is", sellers are still in the process of moving things out of the house. Close to the beach, boardwalk, shops and restaurants!

Last Agent to Sell the Property

Tina Benton

(443) 624-7566 tinaEMS@hometowneteam.com Home Towne Real Estate Listed on: 12/15/2017

Home Towne Real Estate

Last Buyer's Agent

Linda Marshall

(301) 855-7867 lindamarshall115@gmail.com EXIT 1 Stop Realty License #588175

EXIT 1 Stop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,672

Year Built

  • Built in 1984

Lot Details

  • 1.63 Acre Lot
  • Backs to Trees or Woods

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Basement

  • Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Owings Wood Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 0503104877

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,672

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2017-12-15
  • Year Built: 1984
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining, Dining Area
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Daylight, Full
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 163700.00
  • Land Assessed Value: 153100.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 1.63
  • Lot Size Area: 71003
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 71003.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14958248
  • Tax Annual Amount: 3671.51
  • Assessor Parcel Number: 0503104877
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2017
Closed on
Jan 31, 2018
Sold by
Clay Cynthia and Estate Of Grace Fischer Amos
Bought by
Graham Stephanie A
Seller's Agent
Tina Benton
Home Towne Real Estate
Buyer's Agent
Linda Marshall
EXIT 1 Stop Realty
List Price
$274,700
Sold Price
$240,000
Premium/Discount to List
-$34,700
-12.63%
Current Estimated Value
$470,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,779
Avg. Annual Appreciation
8.97%
Original Mortgage
$235,653
Outstanding Balance
$202,641
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$268,138

Purchase Details

Closed on
Aug 2, 1984
Sold by
Chesapeake & Patuxent Homes Inc
Bought by
Cook Walter Allen and Amos Grace F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
14.67%
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
Graham Stephanie A $240,000 Titlemax Llc
Cook Walter Allen $118,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Stephanie A $235,653
Previous Owner Cook Walter Allen $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2018 01/31/18 Sold $240,000 -12.6% $165 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
12/15/2017 12/15/17 For Sale $274,700 -- $189 / 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 $4,213 $389,100 $153,100 $236,000
2024 $4,213 $370,300 $0 $0
2023 $3,866 $351,500 $0 $0
2022 $3,668 $332,700 $153,100 $179,600
2021 $3,568 $327,400 $0 $0
2020 $3,568 $322,100 $0 $0
2019 $3,525 $316,800 $153,100 $163,700
2018 $3,458 $311,667 $0 $0
2017 $3,448 $306,533 $0 $0
2016 -- $301,400 $0 $0
2015 $3,300 $301,400 $0 $0
2014 $3,300 $301,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004301713

Bright MLS

APN: 03-104877