NOT LISTED FOR SALE

12560 Neale Sound Dr Cobb Island, MD 20625

Estimated Value: $285,000 - $317,000

0.5 Acre
$600,694 Price per Acre
21,780 Sq Ft Lot

Last Sold September 25, 2020

Last sale price $218,000

Est. 38% increase in value since last sale

Current estimated payment $1,829/month

Highlights

  • 175 Feet of Waterfront
  • 2 Dock Slips
  • No HOA
  • La Plata High School Rated A-
  • Pier

About This Lot

As of September 2020

One of a kind BUILDABLE lot on Cobb Island with gorgeous views of the Wicomico River and Neale Sound. Over 100 feet of shoreline and almost 1/2 an acre lot with a pier and sea wall. Water and electric lines are on the pier. Approved sewer hook-up.

Last Agent to Sell the Property

Sarah Swann

Baldus Real Estate, Inc. License #0225270708 Listed on: 03/05/2019

Last Buyer's Agent

George Nguyen

Blufin Realty, LLC. License #BR200201076

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,456

Lot Details

  • 0.5 Acre Lot
  • 175 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned RV

Schools

  • Dr. Thomas L. Higdon Elementary School
  • Piccowaxen Middle School
  • La Plata High School

Utilities

  • Well Required

Listing and Financial Details

  • Tax Lot 32-38
  • Assessor Parcel Number 0905040698

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pier
  • Access to Tidal Water
  • Private Water Access
  • River Nearby
  • 2 Dock Slips
  • Physical Dock Slip Conveys

Property Details

Property Type

Land

Est. Annual Taxes

$3,456

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: One of a kind BUILDABLE lot on Cobb Island with gorgeous views of the Wicomico River and Neale Sound. Over 100 feet of shoreline and almost 1/2 an acre lot with a pier and sea wall. Water and electric lines are on the pier. Approved sewer hook-up.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 9.87
  • Street Number Modifier: 12560

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Neale Sound
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: No
  • Water Frontage In Feet: 175

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Well Required

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CHARLES COUNTY PUBLIC SCHOOLS
  • Elementary School: DR. THOMAS L. HIGDON
  • Middle School: PICCOWAXEN
  • High School: LA PLATA
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138946901
  • School District Source: 3rd Party
  • Elementary School: DR. THOMAS L. HIGDON
  • High School: LA PLATA
  • Middle Or Junior School: PICCOWAXEN

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 5000.00
  • Land Use Code: 012
  • Lot Size Acres: 0.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Year Assessed: 2020
  • Zoning: RV
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15639700
  • Tax Annual Amount: 3456.00
  • Assessor Parcel Number: 0905040698
  • Tax Lot: 32-38
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/25/2020

Multi Family

  • 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
Mar 5, 2019
Closed on
Sep 25, 2020
Sold by
Stevens Georgia M and Willome Anastasia
Bought by
Nguyen Jacqueline T
Seller's Agent
Sarah Swann
Baldus Real Estate, Inc.
Buyer's Agent
George Nguyen
Blufin Realty, LLC.
List Price
$365,000
Sold Price
$218,000
Premium/Discount to List
-$147,000
-40.27%
Current Estimated Value
$300,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,347
Avg. Annual Appreciation
6.68%
Original Mortgage
$218,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2015
Sold by
Stevens Georgia M
Bought by
Stevens Georgia M and Willome Anastasia

Purchase Details

Closed on
Dec 13, 2001
Sold by
Altemus Albert G
Bought by
Stevens Georgia M
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
Nguyen Jacqueline T $218,000 Jacquies Title Group
Stevens Georgia M -- Attorney
Stevens Georgia M $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Jacqueline T $218,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $218,000 +1.4% --
05/26/2020 05/26/20 Pending -- -- --
05/21/2020 05/21/20 Price Changed $215,000 -31.7% --
10/23/2019 10/23/19 Price Changed $315,000 -13.7% --
03/05/2019 03/05/19 For Sale $365,000 -- --
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 $2,742 $191,567 $0 $0
2023 $2,651 $185,500 $180,000 $5,500
2022 $2,710 $185,500 $180,000 $5,500
2021 $0 $185,500 $180,000 $5,500
2020 $3,443 $245,000 $240,000 $5,000
2019 $3,424 $245,000 $240,000 $5,000
2018 $3,227 $245,000 $240,000 $5,000
2017 $3,365 $245,000 $0 $0
2016 -- $245,000 $0 $0
2015 $3,535 $245,000 $0 $0
2014 $3,535 $245,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCH194492

Bright MLS

APN: 05-040698