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$625,000

Beds
3
Baths
2.5
sq ft
3,145

26 Wallamsey Ln, Chesapeake City, MD 21915

26 Wallamsey Ln

CHESAPEAKE CITY, MD 21915

  • 53 days on market
Don’t miss out on this stunning log cabin nestled in a water-oriented community that offers a private beach, boat ramp, mooring, and dock, plus 99 acres of scenic community land, tennis and basketball courts. This impressive home spans over 3,000 finished square feet and exudes rustic charm with its authentic log construction, gleaming hardwood floors, and soaring vaulted/cathedral ceilings, complemented by a cozy wood-burning fireplace. The first-floor master suite is a true retreat, featuring a luxurious full bathroom, an expansive walk-in closet, and serene views of the surrounding nature. The main level is designed for both comfort and entertaining, with breathtaking custom windows that flood the space with natural light. Upstairs, you’ll find two generously-sized bedrooms, one with a walk-in closet, a second full bathroom, and a bonus storage room, offering plenty of space for family and guests and the two newly installed skylights flood the space with an abundance of natural light. The lower level provides even more living space with a finished living room and a utility room. This home is perfectly situated on a private lot at the end of a quiet cul-de-sac, featuring a two-car garage, a storage shed, and a beautifully landscaped backyard with a natural tree buffer for added privacy. There’s even ample space for your boat, making this the perfect home for those who love to live and entertain by the water. Highlight renovation and upgrades: whole house exterior & interior restain 2023; all appliances & toilets are new.

Details

Property type

Single Family Residence

Est. home value

$522,518

Lot size

0.9 acres

Price per sq ft

$199

Year built

1999

Annual property taxes

$3,933

Monthly HOA fee

$39.58

Price History

08/17/2024
Bright

Bright #MDCC2013992

Listed
$625,000
+36.17%
11/10/2022
Bright

Bright #MDCC2006476

Sold
$459,000
+22.07%
09/05/2019
Bright

Bright #MDCC164648

Sold
$376,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CECIL 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

$391,644
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$183,356
Cash to seller
$391,644

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

November 2022

Original loan amount

$200,000

Est. remaining balance

$183,356

Interest rate

5.44%

Loan type

New Conventional, 15 year

Seller

Harry He

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: 10/09/2024 at 9:15 AM

Listing updated: 09/21/2024 at 1:26 AM

Listed by: Hui Cong, BHHS Fox & Roach - Hockessin Phone #: (302) 999-9999

MLS: Bright #MDCC2013992

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