$405,000
SOLD SEP 4, 2015

15407 Potomac River Dr Cobb Island, MD 20625

4 Beds
2 Baths
1,500 Sq Ft
1997 Built

Recently Sold

$270 Per Sq Ft

2% Below List Price

92 Days on Market

Highlights

  • 50 Feet of Waterfront
  • 1 Dock Slip
  • River View
  • La Plata High School Rated A-
  • Pier
  • Open Floorplan

About This Home

As of August 2016

Potomac River waterfront! Fantastic sunsets over the Potomac! Open living! Large living room w/slider to rear deck. Table-space kit w/slider from dining area to rear deck! 2 BRs on main level and 2 on upper level! Full bath on each level! Extra closets! Separate laundry w/washer & dryer! Fenced back yard w/playground! Rip-rap! 6-foot wide dock w/electric, bench, steps to water level platform!

Last Agent to Sell the Property

Frederick Davis

Weller-Davis, Inc. Listed on: 04/27/2015

Last Buyer's Agent

Marlene Fisk

O'Brien Realty ERA Powered License #MRIS:48183

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,759

Year Built

  • Built in 1997

Lot Details

  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned RV

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Combination Kitchen and Dining Room
  • River Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Off-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Pier
  • Water Access
  • River Nearby
  • Rip-Rap
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 3 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted
  • Deck
  • Brick Porch or Patio
  • Shed
  • Playground

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cobb Island Subdivision

Listing and Financial Details

  • Tax Lot 486
  • Assessor Parcel Number 0905006724

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,759

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1997
  • Remarks Public: Potomac River waterfront! Fantastic sunsets over the Potomac! Open living! Large living room w/slider to rear deck. Table-space kit w/slider from dining area to rear deck! 2 BRs on main level and 2 on upper level! Full bath on each level! Extra closets! Separate laundry w/washer & dryer! Fenced back yard w/playground! Rip-rap! 6-foot wide dock w/electric, bench, steps to water level platform!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dryer, Washer, Dishwasher, Oven/Range - Electric
  • Interior Amenities: Combination Kitchen/Dining, Kitchen - Eat-In, Family Room Off Kitchen, Kitchen - Table Space, Window Treatments, Entry Level Bedroom, Floor Plan - Open
  • Fireplace: No
  • Door Features: Sliding Glass
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 15407

Beds/Baths

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

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Exterior Features: Play Area
  • View: Water, River
  • Water Access: Yes
  • Water Body Name: POTOMAC RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

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

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

Lot Info

  • Fencing: Partially, Rear
  • Improvement Assessed Value: 138100.00
  • Land Assessed Value: 215000.00
  • Lot Features: Rip-Rapped
  • Lot Size Area: 2
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2.00
  • Outdoor Living Structures: Brick, Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: RV

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15600522
  • Tax Annual Amount: 4758.89
  • Assessor Parcel Number: 0905006724
  • Tax Lot: 486
  • Tax Total Finished Sq Ft: 1500
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 09/04/2015

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 4
  • 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
Jun 12, 2016
Closed on
Aug 12, 2016
Sold by
Gwaltney Orville Lee and Gwaltney Rachel Beth
Bought by
Gwaltney Rachel Beth
Seller's Agent
Sandi Denny
CENTURY 21 New Millennium
Buyer's Agent
Sandi Denny
CENTURY 21 New Millennium
List Price
$424,900
Sold Price
$424,900
Current Estimated Value
$671,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,278
Avg. Annual Appreciation
5.48%
Original Mortgage
$339,920
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2015
Closed on
Sep 4, 2015
Sold by
Washburn Jonathan and Washburn Elana
Bought by
Gwaltney Rachel Beth and Gwaltney Orville Lee
Seller's Agent
Frederick Davis
Weller-Davis, Inc.
Buyer's Agent
Marlene Fisk
O'Brien Realty ERA Powered
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$200,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2011
Sold by
Perrow David M and Perrow Elizabeth M
Bought by
Washburn Jonathan and Washburn Elana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2011
Sold by
Perrow David M and Perrow Elizabeth M
Bought by
Washburn Jonathan and Washburn Elana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2007
Sold by
Leonard Donna G
Bought by
Perrow David M and Perrow Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2007
Sold by
Leonard Donna G
Bought by
Perrow David M and Perrow Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2001
Sold by
Howard Russell T
Bought by
Leonard Donna G
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 Type Sale Price Title Company
Deed $424,900 First American Title Ins Co
Deed $405,000 Bridgeview Title Llc
Deed $400,000 --
Deed $400,000 --
Deed $400,000 Southern Maryland Title
Deed $400,000 --
Deed $400,000 --
Deed $599,000 --
Deed $599,000 --
Deed $181,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $339,920 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $320,000 New Conventional
Previous Owner $320,000 New Conventional
Previous Owner $365,629 Unknown
Previous Owner $365,000 Purchase Money Mortgage
Previous Owner $365,000 Purchase Money Mortgage
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $424,900 0.0% $283 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
07/08/2016 07/08/16 Off Market $424,900 -- --
06/12/2016 06/12/16 For Sale $424,900 +4.9% $283 / Sq Ft
09/04/2015 09/04/15 Sold $405,000 -2.4% $270 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $415,000 -- $277 / 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 $5,837 $469,500 $0 $0
2023 $5,579 $390,400 $175,000 $215,400
2022 $5,409 $390,400 $175,000 $215,400
2021 $5,530 $390,400 $175,000 $215,400
2020 $5,530 $402,600 $215,000 $187,600
2019 $5,299 $386,100 $0 $0
2018 $5,038 $369,600 $0 $0
2017 $4,812 $353,100 $0 $0
2016 -- $351,267 $0 $0
2015 $5,041 $349,433 $0 $0
2014 $5,041 $347,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002593190

Bright MLS

APN: 05-006724