NOT LISTED FOR SALE

15207 Potomac River Dr Cobb Island, MD 20625

Estimated Value: $468,631 - $528,000

4 Beds
2 Baths
2,016 Sq Ft
$252/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $371,000 $184 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,243/month

216 Days on Market

Highlights

  • 54 Feet of Waterfront
  • 1 Dock Slip
  • Fishing Allowed
  • La Plata High School Rated A-
  • Pier
  • River View

About This Home

As of December 2019

HUGE PRICE REDUCTION! Spectacular Sunsets Over the Potomac River from this Waterfront Home with 2-Level Pier! 2-story home with 4 bedrooms and 2 full baths (one on each floor)! Covered front porch! Open living room and dining room with Potomac views! Eat-in kitchen! Family room! Florida room with "wall of windows" to enjoy the sunsets and the water view! Pella windows! Brick rear patio with brick BBQ grill! Fenced on 3 sides - Potomac on 4th side! One bedroom on first floor and three on second level! Detached shed! Low maintenance exterior with vinyl siding, porch rails, posts, and trim. Age is misleading as there have been 2 high quality renovations - a first floor renovation and addition in 1969 and an entire 2nd floor was added in 1992! Concrete driveway for off-street parking! Highly rated schools! Cobb Island is a unique water oriented community with restaurants, coffee shop/cafe, grocery, post office, modern playground, community activities and more! HUGE PRICE DROP! NOW LISTED AT ONLY $379,500! WHICH IS $40,500 BELOW IT'S RECENTLY APPRAISED FAIR MARKET VALUE OF $420,000 - includes a home warranty!

Last Agent to Sell the Property

Frederick Davis

Weller-Davis, Inc. Listed on: 04/06/2019

Last Buyer's Agent

Dennis Burks

CENTURY 21 New Millennium License #611072

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,057

Year Built

  • Built in 1950 | Remodeled in 1992

Lot Details

  • 6,313 Sq Ft Lot
  • Lot Dimensions are 54x127x54x126
  • 54 Feet of Waterfront
  • Home fronts navigable water
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Back and Front Yard
  • Property is in very good condition
  • Property is zoned RV

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • Property has 2 Levels
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Wood Frame Window
  • Window Screens
  • Atrium Doors
  • Family Room
  • Combination Dining and Living Room
  • Sun or Florida Room
  • River Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-in Shower

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • Fenced Parking

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Bulkhead
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Powered Boats Permitted
  • Patio
  • Exterior Lighting
  • Shed
  • Outdoor Grill
  • Porch

Schools

  • Dr T L Higdon Elementary School
  • Piccowaxen Middle School
  • La Plata High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Above Ground Utilities
  • Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Doors with lever handles
  • Energy-Efficient Appliances
  • Flood Risk

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 4
  • Assessor Parcel Number 0905007445

Community Details

Overview

  • No Home Owners Association
  • Cobb Island Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,057

Year Built

Built in 1950 | Remodeled in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Doors - Lever Handle(s)
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Clothes Washer, Clothes Dryer, Drapery/Curtain rods, Draperies/Curtains, Refrigerator, Shades/Blinds, Storage Shed (1), Storm Door (1), Yard Swing, Benches on Pier.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1950
  • Year Renovated: 1992
  • Remarks Public: HUGE PRICE REDUCTION! Spectacular Sunsets Over the Potomac River from this Waterfront Home with 2-Level Pier! 2-story home with 4 bedrooms and 2 full baths (one on each floor)! Covered front porch! Open living room and dining room with Potomac views! Eat-in kitchen! Family room! Florida room with "wall of windows" to enjoy the sunsets and the water view! Pella windows! Brick rear patio with brick BBQ grill! Fenced on 3 sides - Potomac on 4th side! One bedroom on first floor and three on second level! Detached shed! Low maintenance exterior with vinyl siding, porch rails, posts, and trim. Age is misleading as there have been 2 high quality renovations - a first floor renovation and addition in 1969 and an entire 2nd floor was added in 1992! Concrete driveway for off-street parking! Highly rated schools! Cobb Island is a unique water oriented community with restaurants, coffee shop/cafe, grocery, post office, modern playground, community activities and more! HUGE PRICE DROP! NOW LISTED AT ONLY $379,500! WHICH IS $40,500 BELOW IT'S RECENTLY APPRAISED FAIR MARKET VALUE OF $420,000 - includes a home warranty!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Built-In Range, Energy Efficient Appliances
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Entry Level Bedroom, Kitchen - Eat-In, Window Treatments, Wood Floors, Dining Area, Stall Shower
  • Window Features: Wood Frame, Storm, Screens
  • Fireplace: No
  • Door Features: Storm, Atrium
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1, Sun/Florida Room, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2016
  • Living Area Sq Ft: 2016
  • Price Per Sq Ft: 188.24
  • Above Grade Finished Sq Ft: 2016
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15207

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Concrete, Vinyl Siding
  • Exterior Features: Bbq Grill, Exterior Lighting
  • Roof: Shingle
  • Spa: No
  • View: River, Water
  • Water Access Features: Boat - Powered, Fishing Allowed, Canoe/Kayak, Personal Watercraft (PWC), Private Access
  • Water Access: Yes
  • Water Body Name: Potomac River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 54

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Concrete Driveway, Fenced
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground, Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: CHARLES COUNTY PUBLIC SCHOOLS
  • Elementary School: DR T L HIGDON
  • Middle School: PICCOWAXEN
  • High School: LA PLATA
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138946901
  • School District Source: Listing Agent
  • Elementary School: DR T L HIGDON
  • High School: LA PLATA
  • Middle Or Junior School: PICCOWAXEN

Lot Info

  • Additional Parcels: No
  • Fencing: Chain Link
  • Improvement Assessed Value: 100500.00
  • Land Assessed Value: 190000.00
  • Land Use Code: 012
  • Lot Features: Bulkheaded, Front Yard, Rear Yard, Landscaping, Level, Road Frontage
  • Lot Size Acres: 0.14
  • Lot Dimensions: 54x127x54x126
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6313.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: RV
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15600568
  • Tax Annual Amount: 4057.00
  • Assessor Parcel Number: 0905007445
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 2016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 12/13/2019

Multi Family

  • Federal Flood Zone: VE
  • 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 6, 2019
Closed on
Dec 13, 2019
Sold by
Szpiech John F and Szpiech Anne M
Bought by
Kresh Diane N and Donnelly Colleen E
Seller's Agent
Frederick Davis
Weller-Davis, Inc.
Buyer's Agent
Dennis Burks
CENTURY 21 New Millennium
List Price
$420,000
Sold Price
$371,000
Premium/Discount to List
-$49,000
-11.67%
Total Days on Market
216
Current Estimated Value
$507,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,408
Avg. Annual Appreciation
5.89%
Original Mortgage
$296,000
Outstanding Balance
$262,641
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$244,767
Source: Public Records

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Range of Values:

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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
Kresh Diane N $371,000 Bay County Settlements Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kresh Diane N $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $371,000 -2.2% $184 / Sq Ft
08/13/2019 08/13/19 Price Changed $379,500 -9.6% $188 / Sq Ft
04/06/2019 04/06/19 For Sale $420,000 -- $208 / 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 $4,729 $378,567 $0 $0
2023 $4,779 $334,400 $150,000 $184,400
2022 $4,479 $319,767 $0 $0
2021 $9,017 $305,133 $0 $0
2020 $4,051 $290,500 $190,000 $100,500
2019 $4,036 $290,500 $190,000 $100,500
2018 $3,826 $290,500 $190,000 $100,500
2017 $4,025 $295,000 $0 $0
2016 -- $295,000 $0 $0
2015 $3,944 $295,000 $0 $0
2014 $3,944 $318,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCH200386

Bright MLS

APN: 05-007445