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$1,126,250

Beds
7
Baths
5.5
sq ft
4,926

16405 Fishermen Way, Ridge, MD 20680

16405 Fishermen Way

RIDGE, MD 20680

  • 316 days on market
    • Price drop $23,750↓
Two Dwellings: The main house has 4 beds/4.5 baths. Guest Quarters offers 3 beds/1 bath. Escape to your 2.74-acre waterfront retreat nestled on the protected waters of Saint Jerome’s Creek. A main home and a guest cottage grace this property. There are 4 bedrooms in the main house and 3 bedrooms in the guest house. Bask in the beauty of a protected creek just minutes from the Chesapeake Bay. Thoughtful window placement makes the lovely water view omnipresent. The main house offers 3700+ square feet of finished living space with 945 square feet of unfinished storage space above the garage. The kitchen and family room are open to each other, which makes entertaining fun and easy. Two main-level bedrooms with dedicated bathrooms, along with a well-arranged kitchen, breakfast room, and formal dining room round, laundry room, access to the garage round off the main level for everyone in your life to gather or have privacy. Top it off with porches on the front and back of this home to extend the main level living spaces to the beautiful outdoors and the perfect place to enjoy amazing sunsets while relaxing in the hot tub! Upstairs is a second family room for gathering, games, exercise or an office, two additional bedroom / bathroom combos and a massive storage area located above the 3-car garage. The guest cottage is located steps from the 161' pier with a 31' Tee. Twenty-three feet from the end of the pier, there is a 14' wide finger pier leading to the 10,000-pound boat lift. This pier arrangement allows the tee end to be free for water activities. Fifty amp electric service and 14 foot vertical clearance allows the 24’x 48’ covered structure to be used for boat, large RV, or storage of other outdoor equipment. Come home to this wonderful property located on a 2.74- acre lot with a lovely tree-lined driveway. Schedule your tour today! Convenient yet secluded, this estate is your gateway to Chesapeake Bay living. Your waterfront dream awaits! Be sure to view the Matterport video tour to appreciate the floor plan.

Details

Property type

Single Family Residence

Est. home value

$1,182,337

Lot size

2.74 acres

Price per sq ft

$229

Year built

2006

Annual property taxes

$10,216

HOA

No

Price History

08/19/2024
Bright

Bright #MDSM2017218

Price change
$1,126,250
-2.07%
06/13/2024
Bright

Bright #MDSM2017218

Price change
$1,150,000
-4.09%
02/17/2024
Bright

Bright #MDSM2017218

Listed
$1,199,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

ST. MARY'S COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$625,983
Asking price
$1,126,250
Closing costs (~8% of asking)
-$90,100
Est. remaining loan balance
-$410,167
Cash to seller
$625,983

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

July 2023

Original loan amount

$417,000

Est. remaining balance

$410,167

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Thomas R Drury and Sharon L Drury

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 5:20 AM

Listing updated: 12/20/2024 at 12:14 AM

Listed by: Michelle R Camaioni, RE/MAX Closers Phone #: (301) 472-4422

MLS: Bright #MDSM2017218

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$1,126,250|7 bd|5.5 ba|House
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Tomo Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2024 Bright MLS. All rights reserved.