NOT LISTED FOR SALE

12058 Neale Sound Dr Cobb Island, MD 20625

Estimated Value: $275,658 - $454,000

1 Bed
1 Bath
672 Sq Ft
$549/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $320,000 $476 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,571/month

22 Days on Market

Highlights

  • Water Views
  • Pier
  • Deck
  • La Plata High School Rated A-
  • Home fronts navigable water
  • Stream or River on Lot

About This Home

As of December 2013

Own an island paradise! Vacation comfortably in existing remodeled cottage, & enjoy the water views on 3 sides from your point of land, while planning your dream home; property is on high ground, some rip rap in place. 6 waterfront lots make up this unique property! Cottage has knotty pine ceilings, large deck, 110+ ft pier, & large shed. Water frontage approx.; subj to lease until June.

Last Agent to Sell the Property

Juliet Brown

Residential Plus Real Estate Services License #534205 Listed on: 09/22/2013

Last Buyer's Agent

Andria Corby

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,813

Year Built

  • Built in 1930

Lot Details

  • 0.74 Acre Lot
  • Home fronts navigable water
  • The property's topography is level, high bank
  • Property is zoned RV

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 672 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Water Views
  • Crawl Space
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Space Number Location: 4
  • Off-Street Parking

Outdoor Features

  • Pier
  • Water Access
  • River Nearby
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Deck
  • Shed

Utilities

  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cobb Island HOA

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 327-332
  • Assessor Parcel Number 0905006627

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,813

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dryer, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Table Space, Recessed Lighting
  • Window Features: Double Pane, Screens
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 672
  • Living Area Sq Ft: 672
  • Price Per Sq Ft: 520.68
  • Above Grade Finished Sq Ft: 672
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: POTOMAC RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Space Number Assigned: 4
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Oil
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Name: COBB ISLAND
  • HOA: No

Lot Info

  • Improvement Assessed Value: 33200.00
  • Land Assessed Value: 270000.00
  • Lot Size Acres: 0.74
  • Lot Size Area: 32234
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32234.00
  • Outdoor Living Structures: Deck(s)
  • Topography: Level, High Bank
  • Year Assessed: 2013
  • Zoning: RV

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 15600515
  • Tax Annual Amount: 3813.46
  • Assessor Parcel Number: 0905006627
  • Tax Lot: 327-332
  • Tax Total Finished Sq Ft: 672
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 12/31/2013

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2013
Closed on
Nov 22, 2013
Sold by
Sullivan Michael K O
Bought by
Bordner John C and Theismann Jeanne C
Seller's Agent
Juliet Brown
Residential Plus Real Estate Services
Buyer's Agent
Andria Corby
CENTURY 21 New Millennium
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%
Current Estimated Value
$406,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,959
Avg. Annual Appreciation
0.96%
Original Mortgage
$256,000
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2001
Sold by
O'Sullivan Michael K and O'Sullivan Lis Rocio
Bought by
O'Sullivan Michael K

Purchase Details

Closed on
Nov 16, 1995
Sold by
Richards William B and Richards Diana J
Bought by
O'Sullivan Michael K and O'Sullivan Lis Rocio

Purchase Details

Closed on
May 3, 1983
Sold by
Norris Stephen N and Norris Margaret A
Bought by
Richards William B and Richards Diana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
12.73%
Source: Public Records

Range of Values:

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Average Value
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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
Bordner John C $320,000 First American Title Ins Co
O'Sullivan Michael K -- --
O'Sullivan Michael K $130,000 --
Richards William B $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bordner John C $256,000
Previous Owner Osullivan Michael K $100,000
Previous Owner Richards William B $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2013 12/31/13 Sold $320,000 -8.5% $476 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
09/22/2013 09/22/13 For Sale $349,900 -- $521 / 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
2024 $4,110 $287,633 $0 $0
2023 $3,898 $272,800 $230,000 $42,800
2022 $3,860 $272,800 $230,000 $42,800
2021 $4,266 $272,800 $230,000 $42,800
2020 $4,266 $307,500 $270,000 $37,500
2019 $4,242 $307,167 $0 $0
2018 $4,203 $306,833 $0 $0
2017 $4,193 $306,500 $0 $0
2016 -- $305,400 $0 $0
2015 $4,407 $304,300 $0 $0
2014 $4,407 $303,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003726326

Bright MLS

APN: 05-006627