NOT LISTED FOR SALE

16167 Cobb Island Rd Newburg, MD 20664

Newburg Neighborhood

Estimated Value: $106,000 - $161,000

0.25 Acre
$522,552 Price per Acre
10,890 Sq Ft Lot

Last Sold February 05, 2024

Last sale price $100,000

Est. 31% increase in value since last sale

Current estimated payment $869/month

632 Days on Market

Highlights

  • Boathouse
  • 50 Feet of Waterfront
  • Pier
  • La Plata High School Rated A-
  • 1 Boat Dock
  • No HOA

About This Lot

As of February 2024

Unique waterfront property with a repairable pier and over-the-water Waterman's storage building with electric service. Lot is approx. a quarter of an acre.

Last Agent to Sell the Property

Sarah Swann

Baldus Real Estate, Inc. License #0225270708 Listed on: 04/20/2022

Last Buyer's Agent

Candy Meyers

RE/MAX One

RE/MAX One

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,473

Lot Details

  • 0.25 Acre Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Property is zoned RV

Utilities

  • 100 Amp Service
  • Sewer Not Available

Additional Features

  • Water Views
  • Property is near a creek

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 0905020549

Community Details

Overview

  • No Home Owners Association
  • Hills Subdivision

Recreation

  • Pier
  • Access to Tidal Water
  • Private Water Access
  • Boathouse
  • 1 Boat Dock
  • Private Dock Site
  • 2 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$1,473

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 11.48
  • Street Number Modifier: 16167

Exterior Features

  • Other Structures List: Boat House
  • Construction Completed: No
  • View: Water
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: NEALE SOUND
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Sewer/Septic System: No Sewer System

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CHARLES COUNTY PUBLIC SCHOOLS
  • School District Key: 121138946901
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Year Assessed: 2023
  • Zoning: RV
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1473.00
  • Assessor Parcel Number: 0905020549
  • Tax Lot: 49
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 02/05/2024

Multi Family

  • Mean Low Water Feet: 6
  • 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 20, 2022
Closed on
Feb 5, 2024
Sold by
Stine Victor J and Stine Melissa Ann
Bought by
Passero James R
Seller's Agent
Sarah Swann
Baldus Real Estate, Inc.
Buyer's Agent
Candy Meyers
RE/MAX One
List Price
$150,000
Sold Price
$100,000
Premium/Discount to List
-$50,000
-33.33%
Total Days on Market
632
Views
779
Current Estimated Value
$130,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,638
Avg. Annual Appreciation
22.44%
Original Mortgage
$90,000
Outstanding Balance
$69,401
Interest Rate
1%
Mortgage Type
Seller Take Back
Estimated Equity
$61,237

Purchase Details

Closed on
Oct 14, 2010
Sold by
Stine Harvey and Stine Mary
Bought by
Stine Victor J and Stine Melissa A

Purchase Details

Closed on
Mar 10, 2006
Sold by
Stine Ann and Stine Harvey J
Bought by
Stine Harvey J and Stine Mary D

Purchase Details

Closed on
Mar 7, 2006
Sold by
Stine Ann and Stine Harvey J
Bought by
Stine Harvey J and Stine Mary D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Passero James R $100,000 Buyers Title
Stine Victor J -- --
Stine Harvey J -- --
Stine Harvey J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Passero James R $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Sold $100,000 -20.0% --
09/22/2022 09/22/22 Price Changed $125,000 -16.7% --
04/20/2022 04/20/22 For Sale $150,000 -- --
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 $1,615 $93,600 $0 $0
2023 $1,273 $89,100 $72,500 $16,600
2022 $1,500 $89,100 $72,500 $16,600
2021 $1,827 $89,100 $72,500 $16,600
2020 $1,827 $117,800 $102,500 $15,300
2019 $1,808 $117,800 $102,500 $15,300
2018 $1,773 $117,800 $102,500 $15,300
2017 $1,767 $117,800 $0 $0
2016 -- $117,800 $0 $0
2015 $1,819 $117,800 $0 $0
2014 $1,819 $117,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDCH2011662

Bright MLS

APN: 05-020549