NOT LISTED FOR SALE

9973 Wades Point Rd McDaniel, MD 21647

Estimated Value: $522,000 - $1,368,000

14.59 Acres
$60,401 Price per Acre
635,540 Sq Ft Lot

Last Sold June 10, 2022

Last sale price $815,000

Est. 8% increase in value since last sale

Current estimated payment $5,176/month

63 Days on Market

Highlights

  • Home fronts navigable water
  • Bay View
  • Partially Wooded Lot
  • Water Access
  • Secluded Lot
  • No HOA

About This Lot

As of June 2022

Must see!

Last Agent to Sell the Property

Stephanie Smith

(703) 831-6806 service@selectpremiumprop.com Select Premium Properties, Inc License #BR98371445 Listed on: 03/08/2022

Last Buyer's Agent

Dawn Lednum

(410) 829-3603 dawnlednum@gmail.com Chesapeake Bay Real Estate Plus, LLC License #78241

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,145

Lot Details

  • 14.59 Acre Lot
  • Home fronts navigable water
  • Rural Setting
  • Secluded Lot
  • Irregular Lot
  • Partially Wooded Lot
  • Property is zoned 000

Property Views

  • Bay
  • Panoramic

Utilities

  • Well
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 2105189969

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Access
  • Property near a bay
  • Rip-Rap
  • Storage Shed

Property Details

Property Type

Land

Est. Annual Taxes

$4,145

Lot Details

14.59 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Inclusions: Pole Barn Existing Well Existing Footprint for building
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.56

Exterior Features

  • Other Structures List: Storage Barn/Shed
  • Construction Completed: No
  • View: Bay, Panoramic, Water
  • Water Access: Yes
  • Water Body Name: Eastern Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 3

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Irregular, Not In Development, Partly Wooded, Rip-Rapped, Rural, Secluded
  • Lot Size Acres: 14.59
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 635540.00
  • Zoning: 000
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4145.00
  • Assessor Parcel Number: 2105189969
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Jun 14, 2022
Sold by
Grackle Acres Llc
Bought by
Kapoor Rahul
Seller's Agent
Stephanie Smith
Select Premium Properties, Inc
Buyer's Agent
Dawn Lednum
Chesapeake Bay Real Estate Plus, LLC
List Price
$990,000
Sold Price
$815,000
Premium/Discount to List
-$175,000
-17.68%
Current Estimated Value
$881,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,257
Avg. Annual Appreciation
2.09%
Original Mortgage
$1,000,000
Outstanding Balance
$938,735
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
-$57,478

Purchase Details

Closed on
Aug 28, 2017
Sold by
Madsen Roy E and Madsen Howard E
Bought by
Crackle Acres Llc

Purchase Details

Closed on
Jul 31, 2017
Sold by
Green Suzette M
Bought by
Madsen Roy E and Madsen Howard E

Purchase Details

Closed on
Jan 22, 2009
Sold by
Madsen Robert E
Bought by
Madsen Georgette

Purchase Details

Closed on
Jan 9, 2009
Sold by
Madsen Robert E
Bought by
Madsen Georgette

Purchase Details

Closed on
Jun 1, 1987
Sold by
Lowery Hugh H and Lowery Beatrice R
Bought by
Madsen Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
10.7%

Purchase Details

Closed on
Feb 9, 1981
Sold by
Harris Henry E
Bought by
Lowery Hugh H and Lowery Beatrice R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
15%
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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Purchase History

Date Buyer Sale Price Title Company
Kapoor Rahul $815,000 Chicago Title
Crackle Acres Llc -- None Available
Madsen Roy E -- None Available
Madsen Roy E -- None Available
Madsen Georgette -- --
Madsen Georgette -- --
Madsen Robert E $169,500 --
Lowery Hugh H $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kapoor Rahul $1,000,000
Previous Owner Madsen Robert E $119,500
Previous Owner Lowery Hugh H $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $815,000 -17.7% --
05/10/2022 05/10/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $990,000 -- --
Source: Bright MLS

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 $6,497 $709,600 $525,500 $184,100
2024 $6,386 $706,733 $0 $0
2023 $6,029 $703,867 $0 $0
2022 $4,306 $539,400 $525,500 $13,900
2021 $4,170 $539,400 $525,500 $13,900
2020 $5,229 $689,900 $525,500 $164,400
2019 $4,646 $617,400 $455,100 $162,300
2018 $4,456 $617,400 $455,100 $162,300
2017 $4,650 $617,400 $0 $0
2016 $4,535 $696,400 $0 $0
2015 $4,340 $696,400 $0 $0
2014 $4,340 $696,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Smith

    Seller's Agent in 2022

    Stephanie Smith

    Select Premium Properties, Inc

    (910) 518-9280

    959 Total Sales

    Stephanie Smith
    Section Image
  • Dawn Lednum

    Buyer's Agent in 2022

    Dawn Lednum

    Chesapeake Bay Real Estate Plus, LLC

    (410) 829-3603

    83 Total Sales

    Dawn Lednum
    Section Image
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Map

Source: Bright MLS

MLS Number: MDTA2002398

Bright MLS

APN: 05-189969

Maryland Talbot County 21647

9973 Wades Point Rd, MD

Not Listed for Sale

Lots

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