15377 Potomac River Dr Cobb Island, MD 20625
Estimated Value: $343,705 - $398,000
2
Beds
1
Bath
760
Sq Ft
$478/Sq Ft
Est. Value
Highlights
- 75 Feet of Waterfront
- Access to Tidal Water
- River View
- La Plata High School Rated A-
- Fishing Allowed
- Stream or River on Lot
About This Home
As of May 2020What a View!!!!! A little sweat equity can turn this into your weekend getaway. This home has many possibilities, remodel the existing home or tear it down and build a new structure. Bulkhead is in place ready for a pier when the need arises. Home is sold strictly AS-IS. Cash, Conventional or rehab loan will be required. Enjoy the "Island Life".
Last Agent to Sell the Property
CENTURY 21 New Millennium License #588851 Listed on: 04/09/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,389
Year Built
- Built in 1945
Lot Details
- 75 Feet of Waterfront
- Home fronts navigable water
- Property is in below average condition
- Property is zoned RV
Parking
- Driveway
Home Design
- Cottage
- Fixer Upper
- Stucco
Interior Spaces
- 760 Sq Ft Home
- Property has 1.5 Levels
- Sitting Room
- Living Room
- Dining Room
- River Views
- Crawl Space
- Electric Oven or Range
Bedrooms and Bathrooms
- 1 Full Bathroom
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- River Nearby
- Bulkhead
- Stream or River on Lot
- Powered Boats Permitted
Schools
- Dr. Thomas L. Higdon Elementary School
- Piccowaxen Middle School
- La Plata High School
Utilities
- Heating System Uses Oil
- Well
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 0905004381
Community Details
Overview
- No Home Owners Association
- Cobb Island Subdivision
Recreation
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2020
Closed on
May 18, 2020
Sold by
Towle Lynn Hewitt and Estate Of Evelyn E Hewitt
Bought by
Houghton Joseph D and Lynn Marie S
Seller's Agent
The Burks-Sutten Team
CENTURY 21 New Millennium
Buyer's Agent
Dennis Burks
CENTURY 21 New Millennium
List Price
$249,000
Sold Price
$261,000
Premium/Discount to List
$12,000
4.82%
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,426
Avg. Annual Appreciation
6.79%
Original Mortgage
$208,800
Outstanding Balance
$187,037
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$176,389
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Houghton Joseph D | $261,000 | Fenton Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Houghton Joseph D | $208,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/18/2020 05/18/20 | Sold | $261,000 | 0.0% | $343 / Sq Ft |
| 04/17/2020 04/17/20 | Pending | -- | -- | -- |
| 04/14/2020 04/14/20 | Off Market | $261,000 | -- | -- |
| 04/09/2020 04/09/20 | For Sale | $249,000 | -- | $328 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,298 | $226,000 | $0 | $0 |
| 2023 | $3,049 | $207,600 | $160,000 | $47,600 |
| 2022 | $3,002 | $207,600 | $160,000 | $47,600 |
| 2021 | $6,448 | $207,600 | $160,000 | $47,600 |
| 2020 | $3,375 | $239,900 | $200,000 | $39,900 |
| 2019 | $3,356 | $239,900 | $200,000 | $39,900 |
| 2018 | $3,159 | $239,900 | $200,000 | $39,900 |
| 2017 | $3,400 | $247,700 | $0 | $0 |
| 2016 | -- | $247,700 | $0 | $0 |
| 2015 | $3,957 | $247,700 | $0 | $0 |
| 2014 | $3,957 | $274,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
The Burks-Sutten Team
Seller's Agent in 2020
The Burks-Sutten Team
Century 21 New Millennium
(301) 643-8091
18 in this area
120 Total Sales
-
Brittany Dixon
Seller Co-Listing Agent in 2020
Brittany Dixon
Century 21 New Millennium
(240) 222-2086
14 in this area
95 Total Sales
-
Dennis Burks
Buyer's Agent in 2020
Dennis Burks
Century 21 New Millennium
(301) 643-7923
7 in this area
68 Total Sales
Map
Source: Bright MLS
MLS Number: MDCH212814
APN: 05-004381
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