NOT LISTED FOR SALE

Estimated Value: $469,000 - $635,000

3 Beds
3 Baths
2,444 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 19, 2020

Last sale price $345,000 $141 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,385/month

26 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Lake Privileges
  • South River High School Rated A
  • Cabana
  • Clubhouse

About This Home

As of August 2020

SOUGHT AFTER SELBY ON THE BAY COMMUNITY, the best of Chesapeake Living with beach, boat ramp, community club house and convenient marinas and no HOA fees. This 1950s beach bungalow has lots of character and situated on wonderful 1/2 acre lot just 2 blocks from the water. Main house has 3 BR and 2 full baths, while the detached finished pool/guest house adds an additional approx. 1000 sq. ft. of living space with its own bathroom, washer/dryer/refrigerator and loft. This house is looking for a new special owner to put on some finishing touches. New roof, 2 year old heavy-duty heat pump and two additional ductless air conditioning units. Above ground pool with deck, lanai and large roofed area perfect for entertaining or just relaxing by the pool.

Last Agent to Sell the Property

Kristin Cawood

(410) 353-3926 kdc@cawoodlawfirm.com CAWOOD REAL ESTATE License #639308 Listed on: 05/18/2020

Last Buyer's Agent

Michael Sloan

(410) 241-7904 mikesloan@northroprealty.com Northrop Realty

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,238

Year Built

  • Built in 1950

Lot Details

  • 0.5 Acre Lot
  • Level Lot
  • Property is in average condition
  • Property is zoned R5

Home Design

  • Bungalow
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,444 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Carpet

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces

Pool

  • Cabana
  • Private Pool

Outdoor Features

  • Lake Privileges
  • Shed
  • Porch

Schools

  • Central Elementary And Middle School
  • South River High School

Utilities

  • Multiple cooling system units
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 020174701102400

Community Details

Overview

  • No Home Owners Association
  • Selby On The Bay Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,238

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Oven/Range - Electric, Refrigerator, Washer, Water Conditioner - Owned
  • Interior Amenities: Carpet, Ceiling Fan(s)
  • Fireplace Features: Insert, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2444
  • Living Area Sq Ft: 2444
  • Price Per Sq Ft: 153.44
  • Above Grade Finished Sq Ft: 2444
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Cabana/Pool House, Shed
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Multi Units
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Water/Lake Privileges, Club House
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: CENTRAL
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 217700.00
  • Land Assessed Value: 210000.00
  • Lot Features: Level
  • Lot Size Acres: 0.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Average
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15160728
  • Tax Annual Amount: 4238.00
  • Assessor Parcel Number: 020174701102400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Aug 21, 2020
Sold by
Smith Ryan Matthew and Smith Crystal J
Bought by
Moradel Melendez Victor and Alvarado Fuentes Iveth
Seller's Agent
Kristin Cawood
CAWOOD REAL ESTATE
Buyer's Agent
Michael Sloan
Northrop Realty
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-8%
Current Estimated Value
$559,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,580
Avg. Annual Appreciation
9.33%
Original Mortgage
$338,751
Outstanding Balance
$300,496
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$259,084

Purchase Details

Listed on
Apr 17, 2015
Closed on
Aug 31, 2015
Sold by
Mckay Kevin B and Mckay Flora L
Bought by
Smith Ryan Matthew and Smith Crystal J
Seller's Agent
Teal Clise
EXP Realty, LLC
Buyer's Agent
Jackie Matera
CENTURY 21 New Millennium
List Price
$295,000
Sold Price
$255,000
Premium/Discount to List
-$40,000
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$255,000
Interest Rate
4.01%
Mortgage Type
VA

Purchase Details

Closed on
Aug 19, 1999
Sold by
Johnson Bonnie J
Bought by
Mckay Kevin B and Mckay Flora L

Purchase Details

Closed on
May 9, 1990
Sold by
Burke Stephen M
Bought by
Johnson Bonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,411
Interest Rate
10.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moradel Melendez Victor $345,000 Lakeside Title Company
Smith Ryan Matthew $255,000 First American Title Ins Co
Mckay Kevin B $131,500 --
Johnson Bonnie J $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moradel Melendez Victor $338,751
Previous Owner Smith Ryan Matthew $255,000
Previous Owner Johnson Bonnie J $116,411
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2020 08/19/20 Sold $345,000 -8.0% $141 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $375,000 +47.1% $153 / Sq Ft
08/31/2015 08/31/15 Sold $255,000 -5.2% $178 / Sq Ft View Prior Sale
07/20/2015 07/20/15 Pending -- -- --
07/01/2015 07/01/15 Price Changed $269,000 -2.2% $187 / Sq Ft
05/22/2015 05/22/15 Price Changed $275,000 -3.5% $192 / Sq Ft
05/16/2015 05/16/15 Price Changed $284,900 -3.4% $198 / Sq Ft
04/17/2015 04/17/15 For Sale $295,000 -- $205 / 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 $5,859 $495,867 -- --
2024 $5,859 $476,433 $0 $0
2023 $5,604 $457,000 $210,000 $247,000
2022 $5,244 $447,233 $0 $0
2020 $5,001 $427,700 $210,000 $217,700
2019 $8,301 $376,367 $0 $0
2018 $3,296 $325,033 $0 $0
2017 $3,235 $273,700 $0 $0
2016 -- $268,900 $0 $0
2015 -- $264,100 $0 $0
2014 -- $259,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA434224

Bright MLS

APN: 01-747-01102400