NOT LISTED FOR SALE

28080 Coves Way Marion Station, MD 21838

Estimated Value: $329,000 - $404,000

3.7 Acres
$101,303 Price per Acre
161,172 Sq Ft Lot

Last Sold January 04, 2012

Last sale price $59,000

Est. 535% increase in value since last sale

Current estimated payment $2,324/month

443 Days on Market

Highlights

  • Home fronts navigable water
  • 3.7 Acre Lot
  • No HOA
  • Water Access
  • Creek or Stream View
  • Cul-De-Sac

About This Lot

As of January 2012

Reduced! Best Waterfront Lot available in Coulbourne's Cove! Build the waterfront home of your dreams! 3.7 acres that backs up to Coulbourn's Creek. Navigable waters to Chesapeake Bay. No HOA fees and no city taxes!

Last Listed By

Sarah Delligatti

Keller Williams Realty Delmarva Listed on: 09/29/2010

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,956

Year Built

  • 2013

Lot Details

  • 3.7 Acre Lot
  • Home fronts navigable water
  • Creek or Stream
  • Cul-De-Sac
  • Cleared Lot

Schools

  • Greenwood Elementary School
  • Crisfield Academy And High School

Utilities

  • Well Permit Not Applied For
  • Not Applied For Permit
  • Sewer Not Available

Additional Features

  • Creek or Stream Views
  • Flood Risk

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 57828

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,956

Year Built

2013

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Special Features: None
  • Year Built (Public Record): 2013

Interior Features

  • Price Per Sq Ft: 0.50

Exterior Features

  • Construction Completed: No
  • View: Creek/Stream, Water
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Water Frontage Type: Creek
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System, Not Applied For Permit
  • Water Source: Well Permit Not Applied For

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SOMERSET COUNTY PUBLIC SCHOOLS
  • Elementary School: GREENWOOD
  • High School: CRISFIELD ACADEMY AND
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 121138759568
  • Elementary School: GREENWOOD
  • High School: CRISFIELD ACADEMY AND

Lot Info

  • Lot Features: Cleared, Cul-De-Sac
  • Lot Size Acres: 3.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 161172.00
  • Possible Use: Residential
  • Zoning: A
  • Zoning Description: A

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12561372
  • Assessor Parcel Number: 57828
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Close Date: 01/04/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2010
Closed on
Jan 4, 2012
Sold by
Robert Baysimger & Sons Inc
Bought by
Jollie William and Jollie Kathi
Seller's Agent
Sarah Delligatti
Keller Williams Realty Delmarva
Buyer's Agent
Sarah Delligatti
Keller Williams Realty Delmarva
List Price
$185,000
Sold Price
$59,000
Premium/Discount to List
-$126,000
-68.11%
Total Days on Market
443
Current Estimated Value
$374,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,822
Avg. Annual Appreciation
15.48%

Purchase Details

Closed on
Feb 4, 2005
Sold by
Dunn David L
Bought by
Robert Baysinger & Son Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Jollie William $59,000 Coastal Title
Robert Baysinger & Son Inc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jollie William $25,000
Previous Owner Robert Baysinger & Sons Inc $180,000
Previous Owner Robert Baysinger & Sons Inc $175,000
Previous Owner Robert Baysinger & Son Inc $25,000
Previous Owner Robert Baysinger & Son Inc $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2012 01/04/12 Sold $59,000 -68.1% --
12/16/2011 12/16/11 Pending -- -- --
09/29/2010 09/29/10 For Sale $185,000 -- --
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 $2,956 $283,500 $85,800 $197,700
2023 $3,016 $265,833 $0 $0
2022 $2,820 $248,167 $0 $0
2021 $2,616 $230,500 $85,800 $144,700
2020 $2,616 $229,833 $0 $0
2019 $2,608 $229,167 $0 $0
2018 $2,601 $228,500 $85,800 $142,700
2017 $2,601 $228,500 $0 $0
2016 $2,786 $228,500 $0 $0
2015 $2,786 $250,500 $0 $0
2014 -- $250,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Sarah Delligatti

    Keller Williams Realty Delmarva

See All Agents

Map

Source: Bright MLS

MLS Number: 1000860046

Bright MLS

APN: 03-057828

Maryland Somerset County Marion Station 21838

28080 Coves Way, Marion Station, MD

Homes for Sale in Marion Station, MD

This home is located at 28080 Coves Way, Marion Station, MD 21838 since 29 September 2010 and is currently estimated at $374,822. This property was built in 2013. 28080 Coves Way is a home located in Somerset County with nearby schools including Hope Creek Youth & Family Center.

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