NOT LISTED FOR SALE

15445 Potomac River Dr Cobb Island, MD 20625

Estimated Value: $527,000 - $702,000

3 Beds
2 Baths
1,923 Sq Ft
$318/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $399,000 $207 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,906/month

1 Day on Market

Highlights

  • 75 Feet of Waterfront
  • 2 Dock Slips
  • Fishing Allowed
  • La Plata High School Rated A-
  • Pier
  • River View

About This Home

As of August 2020

What a View!!! Beautiful Waterfront Vistas from your back deck. Enjoy the sunsets while relaxing at your Island Getaway. Pier with space for your Boat, Kayak or Jet Ski. Live year round or use it as a weekend getaway. Restaurants just a Short Walk, Drive or Boat Ride away. Swan Point Golf Club 15 Min away. You can experience the "Island Life" and all it has to offer. With a little TLC you can make this home a showplace. Don't wait too long, this one won't last.

Last Agent to Sell the Property

The Burks-Sutten Team

CENTURY 21 New Millennium License #588851 Listed on: 07/24/2020

CENTURY 21 New Millennium

Co-Listed By

Brittany Dixon

CENTURY 21 New Millennium License #669115

Last Buyer's Agent

Sarah Swann

Baldus Real Estate, Inc. License #0225270708

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,076

Year Built

  • Built in 1937

Lot Details

  • 75 Feet of Waterfront
  • Home fronts navigable water
  • Property is in good condition
  • Property is zoned RV

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,923 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • River Views
  • Crawl Space

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • Gravel Driveway

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 2 Powered Boats Permitted
  • Deck
  • Shed
  • Outbuilding

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 566
  • Assessor Parcel Number 0905003997

Community Details

Overview

  • No Home Owners Association
  • Cobb Island Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,076

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-07-26
  • Year Built: 1937
  • Automatically Close On Close Date: No
  • Remarks Public: What a View!!! Beautiful Waterfront Vistas from your back deck. Enjoy the sunsets while relaxing at your Island Getaway. Pier with space for your Boat, Kayak or Jet Ski. Live year round or use it as a weekend getaway. Restaurants just a Short Walk, Drive or Boat Ride away. Swan Point Golf Club 15 Min away. You can experience the "Island Life" and all it has to offer. With a little TLC you can make this home a showplace. Don't wait too long, this one won't last.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Ceiling Fan(s), Family Room Off Kitchen, Floor Plan - Open, Kitchen - Country, Primary Bath(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Bathroom 2
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 1923
  • Living Area Sq Ft: 1923
  • Price Per Sq Ft: 207.49
  • Above Grade Finished Sq Ft: 1923
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15445

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle
  • View: River
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, 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: 75

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • 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. 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

  • Land Use Code: 012
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RV
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 5076.00
  • Assessor Parcel Number: 0905003997
  • Tax Lot: 566
  • Tax Total Finished Sq Ft: 1923
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/21/2020

Multi Family

  • Mean Low Water Feet: 3
  • 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
Jul 24, 2020
Closed on
Aug 19, 2020
Sold by
Lutsey Meisha A
Bought by
Hines Christopher E and Hines Kim V
Seller's Agent
The Burks-Sutten Team
CENTURY 21 New Millennium
Buyer's Agent
Sarah Swann
Baldus Real Estate, Inc.
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$612,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,475
Avg. Annual Appreciation
8.87%
Original Mortgage
$399,000
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Listed on
Oct 19, 2012
Closed on
Jul 10, 2014
Sold by
Hammer Barbara Gladys and Phillips Jean Marie
Bought by
Lutsey Meisha A
Seller's Agent
John Smith
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Reid Voss
Golston Real Estate Inc.
List Price
$379,000
Sold Price
$310,000
Premium/Discount to List
-$69,000
-18.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$279,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 1987
Sold by
Walton Patricia A
Bought by
Hammer Donald L and Hammer Barbara G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
10.48%
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
Hines Christopher E $399,000 Certified Title Corporation
Lutsey Meisha A $310,000 Strategic National Title Gro
Hammer Donald L $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hines Christopher E $399,000
Previous Owner Lutsey Meisha A $279,000
Previous Owner Hammer Barbara G $100,000
Previous Owner Hammer Donald L $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $399,000 0.0% $207 / Sq Ft
07/24/2020 07/24/20 For Sale $399,000 +28.7% $207 / Sq Ft
07/11/2014 07/11/14 Sold $310,000 -11.2% $161 / Sq Ft
06/14/2014 06/14/14 Price Changed $349,000 +4.2% $181 / Sq Ft
06/13/2014 06/13/14 Pending -- -- --
06/10/2014 06/10/14 Price Changed $335,000 -4.0% $174 / Sq Ft
05/27/2014 05/27/14 Price Changed $349,000 -7.9% $181 / Sq Ft
05/04/2014 05/04/14 Price Changed $379,000 0.0% $197 / Sq Ft
05/04/2014 05/04/14 For Sale $379,000 +22.3% $197 / Sq Ft
05/01/2014 05/01/14 Off Market $310,000 -- --
04/30/2014 04/30/14 Price Changed $397,000 +4.7% $206 / Sq Ft
12/04/2013 12/04/13 For Sale $379,000 +22.3% $197 / Sq Ft
11/28/2013 11/28/13 Off Market $310,000 -- --
11/27/2013 11/27/13 For Sale $379,000 +22.3% $197 / Sq Ft
11/13/2013 11/13/13 Off Market $310,000 -- --
11/12/2013 11/12/13 For Sale $379,000 +22.3% $197 / Sq Ft
11/08/2013 11/08/13 Off Market $310,000 -- --
11/07/2013 11/07/13 Price Changed $379,000 0.0% $197 / Sq Ft
11/07/2013 11/07/13 For Sale $379,000 +22.3% $197 / Sq Ft
10/17/2013 10/17/13 Off Market $310,000 -- --
05/25/2013 05/25/13 Price Changed $435,000 -8.4% $226 / Sq Ft
02/22/2013 02/22/13 Price Changed $475,000 -9.5% $247 / Sq Ft
11/20/2012 11/20/12 Price Changed $525,000 -4.5% $273 / Sq Ft
10/19/2012 10/19/12 For Sale $550,000 -- $286 / 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 $7,143 $517,933 $0 $0
2023 $6,559 $459,000 $200,000 $259,000
2022 $6,313 $355,800 $200,000 $155,800
2021 $10,352 $355,800 $200,000 $155,800
2020 $5,070 $367,700 $240,000 $127,700
2019 $10,095 $367,700 $240,000 $127,700
2018 $4,843 $367,700 $240,000 $127,700
2017 $4,973 $372,800 $0 $0
2016 -- $366,900 $0 $0
2015 $2,802 $361,000 $0 $0
2014 $2,802 $355,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCH215936

Bright MLS

APN: 05-003997