$302,000 - $520,584
RENTED MAR 1, 2025

20714 Cove Rd Bivalve, MD 21814

3 Beds
2 Baths
1,712 Sq Ft
$240 Price per Sq Ft

Last Sold April 14, 2023

Last sale price $273,000 $159 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,427/month

About This Home

As of April 2023

Discover your dream retreat nestled just steps away from the dreamy sunsets of Cove Road Beach Park. This stunning 2-story farmhouse is move-in ready and offers the perfect blend of coastal charm and rural tranquility. Completely transformed with modern upgrades: a new full-bath addition, new contemporary plumbing and light fixtures, new LVP flooring, new electric fireplace, updated whole house water filtration system, new water heater and water osmosis system in the kitchen, new refinished staircase, new interior and exterior doors, and new interior and exterior paint. A sportsman's paradise with nearby water access for swimming, boating, kayaking, and fishing. Enjoy local seafood restaurants or conveniently located just 25 minutes away is the vibrant city of Salisbury and 50 minutes from the bustling Ocean City. This prime location provides easy access to shopping, dining, and entertainment. Whether you’re seeking a private getaway, or a place to connect with nature, this exceptional property has it all. Don't miss this incredible opportunity to enjoy this coastal farmhouse and experience the ultimate in peaceful living. Schedule a viewing today! Owner is licensed agent in Virginia.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2023
Closed on
Apr 13, 2023
Sold by
Romblad Deanna L
Bought by
Duong Ichanfi and Pham Trang
Seller's Agent
Constantinos Mavromatakis
CGM Realty LLC
Buyer's Agent
Mukaram Ghani
RE/MAX Galaxy
List Price
$299,999
Sold Price
$273,000
Premium/Discount to List
-$26,999
-9%
Views
91
Current Estimated Value
$411,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,146
Avg. Annual Appreciation
22.11%
Original Mortgage
$204,750
Outstanding Balance
$199,824
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$211,322

Purchase Details

Closed on
Jan 31, 2014
Sold by
Price Pamela S and Price David T
Bought by
Romblad Deanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,558
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 16, 2012
Sold by
Gebhardt Family Investment Llc
Bought by
Price Pamela S and Price David T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2012
Sold by
Simpson David W and Clarke William A Lee
Bought by
Gebhardt Family Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 1999
Sold by
Simpson David W
Bought by
Gebhardt Family Llc

Purchase Details

Closed on
Feb 26, 1999
Sold by
Simpson David W
Bought by
Simpson David W and William A L Clarke Iii Trustee

Purchase Details

Closed on
Jun 11, 1998
Sold by
Bob'S Hogs Inc
Bought by
Simpson David W and William A L Clarke Iii Trustee

Purchase Details

Closed on
Apr 21, 1997
Sold by
Strouth Sarah E
Bought by
Bob'S Hogs Inc

Purchase Details

Closed on
Apr 4, 1997
Sold by
Strouth Steve A and Strouth Sarah E
Bought by
Strouth Sarah E

Range of Values:

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ICE

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Average Value
Not Available
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
Duong Ichanfi $273,000 Ratified Title
Romblad Deanna L $190,000 Brennan Title Company
Price Pamela S $75,649 None Available
Gebhardt Family Investment Llc -- None Available
Gebhardt Family Llc $52,000 --
Simpson David W -- --
Simpson David W -- --
Bob'S Hogs Inc $103,694 --
Strouth Sarah E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duong Ichanfi $204,750
Previous Owner Romblad Deanna L $165,000
Previous Owner Romblad Deanna L $186,558
Previous Owner Price Pamela S $35,000
Previous Owner Price Pamela S $59,500
Previous Owner Gebhardt Family Investment Llc $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2025 03/01/25 Rented $2,880 +20.0% --
02/14/2025 02/14/25 Under Contract -- -- --
02/03/2025 02/03/25 For Rent $2,400 0.0% --
04/14/2023 04/14/23 Sold $273,000 -9.0% $159 / Sq Ft
02/05/2023 02/05/23 For Sale $299,999 -- $175 / Sq Ft

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 $1,645 $165,267 $0 $0
2023 $1,272 $122,600 $49,800 $72,800
2022 $1,214 $115,867 $0 $0
2021 $1,116 $109,133 $0 $0
2020 $1,116 $102,400 $49,800 $52,600
2019 $1,132 $102,400 $49,800 $52,600
2018 $1,132 $102,400 $49,800 $52,600
2017 $1,097 $114,700 $0 $0
2016 -- $104,400 $0 $0
2015 $829 $94,100 $0 $0
2014 $829 $83,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Samina Bilal

    RE/MAX

    (703) 973-7036

    12 Total Sales

    Samina Bilal
    Section Image
  • Stephen Brown

    Buyer's Agent in 2025

    Stephen Brown

    Iron Valley Real Estate Ocean City

    (410) 251-6443

    65 Total Sales

    Stephen Brown
    Section Image

  • C

    Seller's Agent in 2023

    Constantinos Mavromatakis

    CGM Realty LLC

    (571) 344-3634

    1 in this area

    15 Total Sales

    Constantinos Mavromatakis
    Section Image
  • Mukaram Ghani

    Buyer's Agent in 2023

    Mukaram Ghani

    RE/MAX

    (202) 710-3342

    1 in this area

    197 Total Sales

    Mukaram Ghani
    Section Image
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Map

Maryland Wicomico County Bivalve 21814

20714 Cove Rd, Bivalve, MD

Homes for Sale in Bivalve, MD

This home is located at 20714 Cove Rd, Bivalve, MD 21814 and is currently estimated at $411,146, approximately $240 per square foot. 20714 Cove Rd is a home located in Wicomico County with nearby schools including Westside Primary School, Westside Intermediate School, and Salisbury Middle School.

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