NOT LISTED FOR SALE

12594 Ocean Gateway Cordova, MD 21625

Estimated Value: $423,000 - $515,000

3 Beds
1 Bath
1,596 Sq Ft
$285/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $265,000 $166 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,622/month

Highlights

  • Horses Allowed On Property
  • 5.8 Acre Lot
  • Wood Burning Stove
  • Chapel District Elementary School Rated 9+
  • Cape Cod Architecture
  • Main Floor Bedroom

About This Home

As of July 2018

Your own farmette-convenient commuter location in Chapel School Dist, minutes to boat landing & fishing! Fresh paint throughout, new laminate floors in LR & Eat-in Kitchen, updated bathroom & rough-in for 2nd bath. Huge room ready to finish on 2nd floor. Attached 2-car garage, pasture for horses or other 4-legged friends, shop w/elec, run-in & addtl run-ins w/water in pasture.

Last Agent to Sell the Property

Kelly Dahle

(410) 490-1157 kellydahle@outlook.com Benson & Mangold, LLC License #585505 Listed on: 04/08/2018

Benson & Mangold, LLC

Last Buyer's Agent

Kelly Dahle

(410) 490-1157 kellydahle@outlook.com Benson & Mangold, LLC License #585505 Listed on: 04/08/2018

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,428

Year Built

  • Built in 1993

Lot Details

  • 5.8

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Wood Burning Stove
  • Flue
  • Window Treatments
  • Living Room
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Run-In Shed

Utilities

  • Window Unit Cooling System
  • Vented Exhaust Fan
  • Baseboard Heating
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Shed
  • 5.8 Acre Lot

Community Details

  • No Home Owners Association
  • Cordova Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2104167376

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,428

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1993
  • Remarks Public: Your own farmette-convenient commuter location in Chapel School Dist, minutes to boat landing & fishing! Fresh paint throughout, new laminate floors in LR & Eat-in Kitchen, updated bathroom & rough-in for 2nd bath. Huge room ready to finish on 2nd floor. Attached 2-car garage, pasture for horses or other 4-legged friends, shop w/elec, run-in & addtl run-ins w/water in pasture.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Exhaust Fan, Icemaker, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Combination Kitchen/Dining, Breakfast Area, Entry Level Bedroom, Chair Railings, Crown Moldings, Window Treatments
  • Fireplace Features: Flue For Stove
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 12594

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures List: Shed Shop, Run-in Shed
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Attached
  • Garage Features: Garage - Side Entry, Additional Storage Area, Garage Door Opener
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Ceiling Fan(s)
  • Heating Fuel: Electric, Wood
  • Heating Type: Baseboard, Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well-Shared

Condo/Co-op/Association

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

Schools

  • School District: TALBOT COUNTY PUBLIC SCHOOLS
  • School District Key: 121138072466

Lot Info

  • Horse Amenities: Horses Allowed
  • Improvement Assessed Value: 121400.00
  • Land Assessed Value: 111200.00
  • Lot Size Acres: 5.80
  • Lot Size Area: 252648
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 252648.00
  • Year Assessed: 2018

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5300408
  • Tax Annual Amount: 1428.42
  • Assessor Parcel Number: 2104167376
  • Tax Total Finished Sq Ft: 1596
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/02/2018

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2018
Closed on
Jul 2, 2018
Sold by
Plugge Benjamin T and Plugge Elizabeth A
Bought by
Walters Jason and Walters Jennifer L
Seller's Agent
Kelly Dahle
Benson & Mangold, LLC
Buyer's Agent
Kelly Dahle
Benson & Mangold, LLC
List Price
$285,000
Sold Price
$265,000
Premium/Discount to List
-$20,000
-7.02%
Current Estimated Value
$455,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,086
Avg. Annual Appreciation
7.70%
Original Mortgage
$260,200
Outstanding Balance
$229,118
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$225,968

Purchase Details

Listed on
Apr 8, 2018
Closed on
Jun 27, 2018
Sold by
Plugge Michael J and Estate Of Michael H Plugge
Bought by
Plugge Benjamin T and Plugge Elizabeth A
Seller's Agent
Kelly Dahle
Benson & Mangold, LLC
Buyer's Agent
Kelly Dahle
Benson & Mangold, LLC
List Price
$285,000
Sold Price
$265,000
Premium/Discount to List
-$20,000
-7.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,200
Outstanding Balance
$229,118
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$225,968

Purchase Details

Closed on
May 2, 2015
Sold by
Plugge Michael J and Estate Of Michael H Plugge
Bought by
Plugge Benjamin T and Plugge Elizabeth A
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
Walters Jason $265,000 Newlyn Title Assurance Co In
Plugge Benjamin T -- Newlyn Tile Assurance Co
Plugge Benjamin T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walters Jason $260,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2018 07/02/18 Sold $265,000 -3.6% $166 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
05/02/2018 05/02/18 Price Changed $274,900 -3.5% $172 / Sq Ft
04/08/2018 04/08/18 For Sale $285,000 -- $179 / 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 $2,519 $290,233 $0 $0
2024 $2,519 $274,667 $0 $0
2023 $2,257 $259,100 $111,200 $147,900
2022 $2,030 $250,267 $0 $0
2021 $3,919 $241,433 $0 $0
2020 $1,788 $232,600 $111,200 $121,400
2019 $1,730 $224,800 $0 $0
2018 $917 $217,000 $0 $0
2017 $890 $209,200 $0 $0
2016 $872 $209,200 $0 $0
2015 $145 $209,200 $0 $0
2014 $145 $241,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000368632

Bright MLS

APN: 04-167376