NOT LISTED FOR SALE

12448 Neale Sound Dr Cobb Island, MD 20625

Estimated Value: $416,000 - $490,000

1 Bed
1 Bath
1,320 Sq Ft
$354/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $470,000 $356 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,942/month

Highlights

  • 110 Feet of Waterfront
  • 3 Dock Slips
  • Fishing Allowed
  • La Plata High School Rated A-
  • Access to Tidal Water
  • No HOA

About This Home

As of June 2022

***Click the camera icon to see 3D INTERACTIVE TOUR**** The Cranberry Cottage. Don't judge a book by its cover. This little gem has tons of possibilities. A walkout basement is unfinished and can be easily converted into a living space with a bathroom. The attic area also has tons of space where the possibilities are endless. The vantage point of this lot is fantastic. Sitting up high overlooking Neale Sound, with views of the Wicomico River. This cottage has new hardwood flooring and is in great shape, once used as one of the islands' premier Airbnb properties. The wrap-around porch, with fantastic views, gives this home some old-school charm. Upgrades: All new hardwood flooring, Interior painted, Windows on the living level, Bathroom sink, and toilet, Bathroom flooring, New sliding glass door. The Neale Sound is a protected body of water, deep enough to park large boats at your own dock. The dock has 4 slips and a boat lift

Last Agent to Sell the Property

Konnie McCarthy

(703) 407-7088 konnie@konniemac.com MacNificent Properties LLC Listed on: 04/28/2022

Last Buyer's Agent

Ricardo Vasquez

(301) 652-0643 contact@ricardomyrealtor.com RLAH @properties

RLAH @properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,110

Year Built

  • Built in 1932

Lot Details

  • 110 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned RV

Home Design

  • Cottage
  • Brick Exterior Construction
  • Block Foundation
  • Asbestos

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 5 Parking Spaces
  • 4 Driveway Spaces
  • 1 Detached Carport Space

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a canal
  • Personal Watercraft
  • Dock has a Storage Area
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • 3 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 356
  • Assessor Parcel Number 0905008212

Community Details

Overview

  • No Home Owners Association
  • Cobb Island Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,110

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-04-28
  • Federal Flood Zone: No
  • Year Built: 1932
  • Automatically Close On Close Date: No
  • Remarks Public: ***Click the camera icon to see 3D INTERACTIVE TOUR**** The Cranberry Cottage. Don't judge a book by its cover. This little gem has tons of possibilities. A walkout basement is unfinished and can be easily converted into a living space with a bathroom. The attic area also has tons of space where the possibilities are endless. The vantage point of this lot is fantastic. Sitting up high overlooking Neale Sound, with views of the Wicomico River. This cottage has new hardwood flooring and is in great shape, once used as one of the islands' premier Airbnb properties. The wrap-around porch, with fantastic views, gives this home some old-school charm. Upgrades: All new hardwood flooring, Interior painted, Windows on the living level, Bathroom sink, and toilet, Bathroom flooring, New sliding glass door. The Neale Sound is a protected body of water, deep enough to park large boats at your own dock. The dock has 4 slips and a boat lift
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Walkout Level, Unfinished
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1320
  • Price Per Sq Ft: 652.78
  • Above Grade Finished Sq Ft: 720
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 120
  • Total Below Grade Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12448

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, Below Grade
  • Construction Materials: Asbestos, Brick
  • Water Access Features: Fishing Allowed, Boat - Powered, Canoe/Kayak, Personal Watercraft (PWC), Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Neale Sound
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: No
  • Water Frontage In Feet: 110

Garage/Parking

  • Garage: No
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Carport, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric, Oil
  • Heating Type: Heat Pump(s), Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CHARLES COUNTY PUBLIC SCHOOLS
  • School District Key: 121138946901
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 88400.00
  • Land Assessed Value: 210000.00
  • Land Use Code: R
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4.00
  • Year Assessed: 2022
  • Zoning: RV
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15600620
  • Tax Annual Amount: 4110.00
  • Assessor Parcel Number: 0905008212
  • Tax Lot: 356
  • Tax Total Finished Sq Ft: 1320
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/15/2022

Multi Family

  • Mean Low Water Feet: 3
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: CHARLES COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 14, 2022
Sold by
Ciccone Alger Joanne
Bought by
Donelan John Francis and Donelan Jamie Garcia
Seller's Agent
Konnie McCarthy
MacNificent Properties LLC
Buyer's Agent
Ricardo Vasquez
RLAH @properties
List Price
$549,900
Sold Price
$470,000
Premium/Discount to List
-$79,900
-14.53%
Current Estimated Value
$467,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,842
Avg. Annual Appreciation
-0.18%
Original Mortgage
$354,450
Outstanding Balance
$337,202
Interest Rate
5.25%
Mortgage Type
Balloon
Estimated Equity
$129,956

Purchase Details

Closed on
Jun 17, 2021
Sold by
Sans Souci Enterprises Llc
Bought by
Alger Joanne Ciccone

Purchase Details

Closed on
Jun 19, 2017
Sold by
Ciccone Vincent J and Ciccone Elizabeth J
Bought by
Sans Souci Enterprises Llc

Purchase Details

Closed on
Nov 10, 1997
Sold by
Wood Revocable Living Trust
Bought by
Ciccone Vincent J and Ciccone Elizabeth J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Donelan John Francis $470,000 District Title
Donelan John Francis $470,000 District Title
Alger Joanne Ciccone -- None Available
Sans Souci Enterprises Llc -- None Available
Ciccone Vincent J $152,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donelan John Francis $354,450
Closed Donelan John Francis $354,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $470,000 -14.5% $356 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $549,900 -- $417 / 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
2025 $5,585 $397,133 -- --
2024 $4,902 $347,767 $0 $0
2023 $4,264 $298,400 $210,000 $88,400
2022 $4,197 $298,400 $210,000 $88,400
2021 $4,175 $298,400 $210,000 $88,400
2020 $4,544 $328,600 $250,000 $78,600
2019 $4,495 $326,333 $0 $0
2018 $4,268 $324,067 $0 $0
2017 $4,357 $321,800 $0 $0
2016 -- $320,367 $0 $0
2015 $4,577 $318,933 $0 $0
2014 $4,577 $317,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDCH2011856

Bright MLS

APN: 05-008212