NOT LISTED FOR SALE

25946 River Rd Newcomb, MD 21653

Estimated Value: $418,000 - $1,505,000

4 Beds
2.5 Baths
2,225 Sq Ft
$476/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $910,000 $409 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,910/month

Highlights

  • 133 Feet of Waterfront
  • Pier
  • Wood Flooring
  • 2 Dock Slips
  • Boat or Launch Ramp
  • Main Floor Bedroom

About This Home

As of March 2018

Charming cottage on Oak Creek, renovated by a designer of waterfront homes in Talbot County. Protected cove with additional small pier. Be in St. Michaels in minutes by boat or car, and also convenient to Easton. Nice kitchen with pantry closet, large master suite. Large back porch can be enclosed. Potential for pool, subject to approvals. Showings by appointment only.

Last Agent to Sell the Property

Chris Young

(410) 770-9255 cyoung21663@gmail.com Benson & Mangold, LLC Listed on: 01/01/2018

Benson & Mangold, LLC

Last Buyer's Agent

Eugene Smith

(410) 443-1571 gene.smith@sothebysrealty.com TTR Sotheby's International Realty License #634752

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,615

Year Built

  • Built in 1962

Lot Details

  • 0.82 Acre Lot
  • 133 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Cottage
  • HardiePlank Type

Interior Spaces

  • Property has 1 Level
  • Built-In Features
  • Crown Molding
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Wood Flooring
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Water Access
  • Rip-Rap
  • Boat or Launch Ramp
  • Physical Dock Slip Conveys
  • 2 Dock Slips
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted

Location

  • Property is near creek

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Newcomb Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2102076691

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,615

Year Built

Built in 1962

Lot Details

0

Parking

2

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: 1962
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Icemaker, Refrigerator, Stove, Washer, Microwave
  • Interior Amenities: Dining Area, Entry Level Bedroom, Built-Ins, Crown Moldings, Window Treatments, Primary Bath(s), Wood Floors
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Laundry
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Hardiplank Type
  • Dock Type: Pier (Perpendicular)
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: OAK CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 133

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 239000.00
  • Land Assessed Value: 290400.00
  • Lot Size Acres: 0.82
  • Lot Size Area: 35762
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 35762.00
  • Property Attached Yn: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5292650
  • Tax Annual Amount: 3614.74
  • Assessor Parcel Number: 2102076691
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Waterfront Features: Rip-Rap, Boat/Launch Ramp

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2018
Closed on
Mar 16, 2018
Sold by
Erickson Lars K and Erickson Amanda V
Bought by
Savage Frances D
Seller's Agent
Chris Young
Benson & Mangold, LLC
Buyer's Agent
Eugene Smith
TTR Sotheby's International Realty
List Price
$949,000
Sold Price
$910,000
Premium/Discount to List
-$39,000
-4.11%
Current Estimated Value
$1,050,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,451
Avg. Annual Appreciation
1.96%
Original Mortgage
$453,100
Outstanding Balance
$386,788
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$673,032

Purchase Details

Closed on
Sep 30, 2002
Sold by
Kilmon Franklin R
Bought by
Erickson Lars K

Purchase Details

Closed on
Jan 24, 1995
Sold by
Kilmon Franklin R
Bought by
Kilmon Franklin R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Savage Frances D $910,000 Eastern Shore Title Co
Erickson Lars K $500,000 --
Kilmon Franklin R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savage Frances D $453,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2018 03/16/18 Sold $910,000 -4.1% $409 / Sq Ft
01/01/2018 01/01/18 Pending -- -- --
01/01/2018 01/01/18 For Sale $949,000 -- $427 / 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
2025 $5,650 $886,200 $435,100 $451,100
2024 $5,510 $823,633 $0 $0
2023 $5,163 $761,067 $0 $0
2022 $4,737 $698,500 $338,400 $360,100
2021 $7,052 $642,133 $0 $0
2020 $4,351 $585,767 $0 $0
2019 $3,933 $529,400 $290,400 $239,000
2018 $2,506 $529,400 $290,400 $239,000
2017 $2,440 $529,400 $0 $0
2016 $2,385 $542,700 $0 $0
2015 $2,191 $542,700 $0 $0
2014 $2,191 $542,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004387877

Bright MLS

APN: 02-076691