NOT LISTED FOR SALE

18712 Wicomico River Dr Cobb Island, MD 20625

Estimated Value: $394,000 - $616,000

2 Beds
1 Bath
1,176 Sq Ft
$413/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $190,000 $162 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $3,107/month

202 Days on Market

Highlights

  • Traditional Floor Plan
  • Attic
  • Cottage
  • La Plata High School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of October 2018

Do you find the water to be relaxing? If so. this 2 bedroom, 1 bath waterfront home is a must see. The water views are fantastic from your back yard. Located on picturesque Cobb Island this home could be used year round or as your summer retreat. Make it your own with some sprucing up and then just enjoy. This is a Fannie Mae property.

Last Agent to Sell the Property

Ronald Mellott

Colonial Homes Real Estate License #317108 Listed on: 01/30/2018

Co-Listed By

C. L. Porter

Colonial Homes Real Estate

Last Buyer's Agent

Yeewen Chang

Evergreen Properties License #510767

Evergreen Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,298

Year Built

  • Built in 1950

Lot Details

  • Property is zoned RV

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Traditional Floor Plan
  • Combination Dining and Living Room
  • Attic

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cobb Island Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 0905008301

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,298

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1950
  • Remarks Public: Do you find the water to be relaxing? If so. this 2 bedroom, 1 bath waterfront home is a must see. The water views are fantastic from your back yard. Located on picturesque Cobb Island this home could be used year round or as your summer retreat. Make it your own with some sprucing up and then just enjoy. This is a Fannie Mae property.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Combination Dining/Living, Floor Plan - Traditional
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 18712

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • 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
  • School District Key: 121138946901
  • Elementary School: DR. THOMAS L. HIGDON
  • High School: LA PLATA
  • Middle Or Junior School: PICCOWAXEN

Lot Info

  • Improvement Assessed Value: 81900.00
  • Land Assessed Value: 215000.00
  • Lot Size Area: 2
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2.00
  • Property Attached Yn: No
  • Year Assessed: 2017
  • Zoning: RV

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15600624
  • Tax Annual Amount: 4298.19
  • Assessor Parcel Number: 0905008301
  • Tax Lot: 25
  • Tax Total Finished Sq Ft: 1176
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 10/05/2018

MLS Schools

  • School District Name: CHARLES COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2018
Closed on
Oct 4, 2018
Sold by
Fannie Mae
Bought by
Chang Ker Chi and Equity Trust Company Custodian
Seller's Agent
Ronald Mellott
Colonial Homes Real Estate
Buyer's Agent
Yeewen Chang
Evergreen Properties
List Price
$220,000
Sold Price
$190,000
Premium/Discount to List
-$30,000
-13.64%
Total Days on Market
202
Current Estimated Value
$485,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,575
Avg. Annual Appreciation
15.70%

Purchase Details

Closed on
Jul 21, 2017
Sold by
Kimble Nancy Lee
Bought by
Federal National Mortgage Association
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
Chang Ker Chi $190,000 Crown Ttile Corp
Federal National Mortgage Association $289,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kimble Nancy Lee $544,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $190,000 -9.5% $162 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
07/25/2018 07/25/18 Price Changed $209,900 -4.6% $178 / Sq Ft
01/30/2018 01/30/18 For Sale $220,000 -- $187 / 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 $4,567 $387,433 $0 $0
2023 $4,631 $324,100 $175,000 $149,100
2022 $4,453 $317,867 $0 $0
2021 $4,349 $311,633 $0 $0
2020 $4,238 $305,400 $215,000 $90,400
2019 $4,182 $302,567 $0 $0
2018 $3,947 $299,733 $0 $0
2017 $4,026 $296,900 $0 $0
2016 -- $295,100 $0 $0
2015 $3,393 $293,300 $0 $0
2014 $3,393 $291,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005813771

Bright MLS

APN: 05-008301