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$1,125,000

Beds
3
Baths
3.5
sq ft
3,564

26005 Sotterley Cliffs Ln, Hollywood, MD 20636

26005 Sotterley Cliffs Ln

HOLLYWOOD, MD 20636

  • 100 days on market
Nature lovers, outdoor enthusiasts and/or animal lovers this one's for YOU! 15 acres of complete privacy located in Sotterley Cliffs perched on St. Thomas Creek and a stone's throw from Historic Sotterley Plantation. With 2,000 feet of shoreline and several walking trails, this property has so much to offer! Your journey home begins with a private road entry passing several outbuildings including a 4 stall stable with loft, tack room w/ bathroom and paddock, lean-to with additional paddock, oversized shed and smaller storage shed and a wonderful 2 car detached garage with a staircase leading to the unfinished upper level which will be perfect for a studio/apartment and the heat/ac units are already purchased and will convery. All this leads to the main house on the property which is truly remarkable and unique. This custom contemporary home designed by architect Jack Pharo has a commanding presence with its clean lines and perfect placement on the property. Inside this one of a kind home you'll find a soaring 2 story entry with modern stained concrete floors, 2 main level, and 2 upper level very large rooms, galley kitchen on the upper level, 3 full bathrooms, 1 half bathroom, and access to the attached garage, laundry area and dog kennel area (this could also be converted to storage easily). Sellers have recently improved the property having replaced the roof, installing a wonderful boardwalk with a kayak/canoe launch and connecting to the 100' pier w/ lift located directly on St. Thomas Creek w/ 5' MLW. This property is naturally low maintenance and would serve well as a primary or secondary residence. Potential living/rental space above the 2 car detached garage may provide useful for stable or grounds keeping help depending on how you wish to enjoy this property. All that the outdoors has to offer, right on your own property. * Private Road Maintenance Agreement is shared with neighbors and is approx. $300/yr. * Each lot owner in Sotterley Cliffs has deeded use of a community recreation area known as Oyster Shell Point Recreation Area allowing small boat/kayak launching and picnic area.

Details

Property type

Single Family Residence

Est. home value

$1,383,485

Lot size

15.23 acres

Price per sq ft

$316

Year built

1992

Annual property taxes

$10,592

Monthly HOA fee

$25

Price History

06/12/2024
Bright

Bright #MDSM2019350

Listed
$1,125,000
-5.46%
03/28/2024
BrightMLS

BrightMLS #MDSM2017872

Removed
$1,190,000
03/21/2024
BrightMLS

BrightMLS #MDSM2017872

Listed
$1,190,000
-7.75%

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

$750,616
Asking price
$1,125,000
Closing costs (~8% of asking)
-$90,000
Est. remaining loan balance
-$284,384
Cash to seller
$750,616

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

Seller’s Loan History

Lender

Community Bank Of Tri-County

Loan start date

November 2011

Original loan amount

$400,000

Est. remaining balance

$284,384

Interest rate

4.01%

Loan type

New Conventional, 30 year

Seller

Joseph F Mitchell and Elizabeth Sherman

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: 09/19/2024 at 10:35 PM

Listing updated: 08/14/2024 at 4:54 AM

Listed by: Farrah E Fuchs, Redfin Corp Phone #: (301) 658-6186

MLS: Bright #MDSM2019350

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