NOT LISTED FOR SALE

18963 Wicomico River Dr Cobb Island, MD 20625

Estimated Value: $321,000 - $397,000

3 Beds
2 Baths
1,128 Sq Ft
$325/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $218,000 $193 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,248/month

9 Days on Market

Highlights

  • Public Water Access
  • Fishing Allowed
  • Stream or River on Lot
  • La Plata High School Rated A-
  • River View
  • No HOA

About This Home

As of June 2016

Beautifully updated, immaculate 3 BR, 2 FBA cottage w/amazing water views of the Wicomico River. It features gleaming hardwood floors, landscaped yard with spacious patio for entertaining, over sized detached garage and driveway.New in 2013: kitchen, baths, windows, well, HVAC, laundry room. A perfect place to relax and enjoy all that Cobb Island has to offer! Easy access to water. 4 lvl lots!

Last Agent to Sell the Property

Eric Garand

Garand Realty & Management Listed on: 05/04/2016

Last Buyer's Agent

Konnie McCarthy

MacNificent Properties LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,458

Year Built

  • Built in 1950

Lot Details

  • Partially Fenced Property
  • Chain Link Fence
  • Board Fence
  • Cleared Lot
  • The property's topography is level
  • Property is in very good condition
  • Property is zoned RV

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Cottage
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Recessed Lighting
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Six Panel Doors
  • Family Room
  • Dining Room
  • River Views
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Public Water Access
  • River Nearby
  • Personal Watercraft
  • Canoe or Kayak Water Access
  • Stream or River on Lot
  • Patio

Schools

  • Piccowaxen Middle School
  • La Plata High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Well Permit on File
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 0905001161

Community Details

Overview

  • No Home Owners Association
  • Cobb Island Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,458

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1950
  • Remarks Public: Beautifully updated, immaculate 3 BR, 2 FBA cottage w/amazing water views of the Wicomico River. It features gleaming hardwood floors, landscaped yard with spacious patio for entertaining, over sized detached garage and driveway.New in 2013: kitchen, baths, windows, well, HVAC, laundry room. A perfect place to relax and enjoy all that Cobb Island has to offer! Easy access to water. 4 lvl lots!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Kitchen - Table Space, Upgraded Countertops, Window Treatments, Recessed Lighting
  • Window Features: Double Pane, Vinyl Clad, Insulated, Low-E, Screens
  • Fireplace: No
  • Door Features: Insulated, Six Panel, Storm
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 18963

Beds/Baths

  • Bedrooms: 3
  • 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

  • Construction Materials: Aluminum Siding
  • Exterior Features: Outside Shower
  • Pool Private: No
  • Roof: Asphalt
  • View: Water, River
  • View: Yes
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Public Access
  • Water Access: No
  • Water Body Name: WICOMICO RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage, Asphalt Driveway, Asphalt Driveway
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Central, Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well Permit On File

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CHARLES COUNTY PUBLIC SCHOOLS
  • Middle School: PICCOWAXEN
  • High School: LA PLATA
  • School District Key: 121138946901
  • High School: LA PLATA
  • Middle Or Junior School: PICCOWAXEN

Lot Info

  • Fencing: Board, Chain Link, Partially
  • Improvement Assessed Value: 79800.00
  • Land Assessed Value: 96000.00
  • Lot Features: Cleared
  • Lot Size Area: 4
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Topography: Level
  • Year Assessed: 2016
  • Zoning: RV

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15600183
  • Tax Annual Amount: 2457.89
  • Assessor Parcel Number: 0905001161
  • Tax Lot: 69
  • Tax Total Finished Sq Ft: 1556
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 06/24/2016

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

  • School District Name: CHARLES COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2016
Closed on
Jun 29, 2016
Sold by
Schellin David A
Bought by
Flynn June E
Seller's Agent
Eric Garand
Garand Realty & Management
Buyer's Agent
Konnie McCarthy
MacNificent Properties LLC
List Price
$229,900
Sold Price
$218,000
Premium/Discount to List
-$11,900
-5.18%
Current Estimated Value
$350,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,580
Avg. Annual Appreciation
5.80%
Original Mortgage
$174,400
Outstanding Balance
$141,063
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$223,449

Purchase Details

Listed on
May 10, 2012
Closed on
Aug 23, 2012
Sold by
Reverse Mortgage Solutions Inc
Bought by
Schellin David A
Seller's Agent
Frederick Davis
Weller-Davis, Inc.
Buyer's Agent
Frederick Davis
Weller-Davis, Inc.
List Price
$67,000
Sold Price
$79,100
Premium/Discount to List
$12,100
18.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.21%

Purchase Details

Closed on
Jun 8, 2012
Sold by
Cohn Edward S and Goldberg Stephen N
Bought by
Mortgage Solutions Inc and Champion Mortgage Company

Purchase Details

Closed on
Oct 16, 2007
Sold by
Gamble Edward L and Gamble Shirley
Bought by
Gamble Edward L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
5.15%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 19, 2007
Sold by
Gamble Edward L and Gamble Shirley
Bought by
Gamble Edward L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
5.15%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 2, 2003
Sold by
Gamble Edward L
Bought by
Gamble Edward L and Gamble Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2003
Sold by
Gamble Edward L
Bought by
Gamble Edward L and Gamble Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 1997
Sold by
Duvall Harold T Marie K Tst
Bought by
Gamble Edward L
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
Flynn June E $218,000 Attorney
Schellin David A $79,100 American Trust Title Llc
Mortgage Solutions Inc $70,000 None Available
Gamble Edward L -- --
Gamble Edward L -- --
Gamble Edward L -- --
Gamble Edward L -- Commonwealth Land Title
Gamble Edward L $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flynn June E $174,400
Previous Owner Gamble Edward L $544,185
Previous Owner Gamble Edward L $544,185
Previous Owner Gamble Shirley $200,000
Previous Owner Gamble Edward L $20,000
Previous Owner Gamble Edward L $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2016 06/24/16 Sold $218,000 -5.2% $193 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $229,900 +190.6% $204 / Sq Ft
08/23/2012 08/23/12 Sold $79,100 +18.1% $57 / Sq Ft
06/06/2012 06/06/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $67,000 -- $48 / 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 $3,738 $272,933 $0 $0
2023 $3,455 $241,800 $95,000 $146,800
2022 $3,427 $239,867 $0 $0
2021 $3,080 $237,933 $0 $0
2020 $3,080 $236,000 $96,000 $140,000
2019 $2,869 $215,933 $0 $0
2018 $2,649 $195,867 $0 $0
2017 $2,474 $175,800 $0 $0
2016 -- $174,267 $0 $0
2015 $2,326 $172,733 $0 $0
2014 $2,326 $171,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000470283

Bright MLS

APN: 05-001161