NOT LISTED FOR SALE

Estimated Value: $109,000 - $136,000

2.41 Acres
$51,366 Price per Acre
104,980 Sq Ft Lot

Last Sold August 31, 2023

Last sale price $110,000

Est. 13% increase in value since last sale

Current estimated payment $738/month

174 Days on Market

Highlights

  • 50 Feet of Waterfront
  • 2.41 Acre Lot
  • Creek or Stream
  • Access to Tidal Water
  • Property is near a creek

About This Lot

As of August 2023

Tranquil 2.41 acre waterfront setting for your Eastern Shore dream home! High elevation with exquisite views and deep-water access to Monie Creek with the possibility of your own private pier. The Covington Cove neighborhood offers the finest in upscale living in Somerset County and has a community boat ramp, common area and private pond. Just minutes from Princess Anne. Thousands of acres of public land await nearby for exploration, hiking, birdwatching, or hunting. Don’t miss this one of a kind opportunity!

Last Agent to Sell the Property

Dale King

Vision Realty Group of Salisbury License #587683 Listed on: 02/14/2023

Last Buyer's Agent

Dale King

Vision Realty Group of Salisbury License #587683 Listed on: 02/14/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $656

Lot Details

  • 2.41 Acre Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Cleared Lot

HOA Fees

  • $8 Monthly HOA Fees

Property Views

  • Water Views

Location

  • Flood Risk
  • Property is near a creek

Utilities

  • Well Permit Not Applied For
  • Not Applied For Permit

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 2005088704

Community Details

Overview

  • Covington Cove HOA
  • Covington Cove Subdivision

Recreation

  • Access to Tidal Water
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$656

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 1.12
  • Street Number Modifier: 28283

Exterior Features

  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: Monie Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Annually
  • HOA Name: COVINGTON COVE
  • HOA: Yes

Schools

  • School District: SOMERSET COUNTY PUBLIC SCHOOLS
  • School District Key: 121138759568
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Features: Cleared
  • Lot Size Acres: 2.41
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 104980.00
  • Year Assessed: 2023
  • Zoning: A
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 656.00
  • Assessor Parcel Number: 2005088704
  • Tax Lot: 16
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 08/31/2023

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: SOMERSET COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Aug 31, 2023
Sold by
Greenberg Mark S and Greenberg Kathy
Bought by
Evans R Chelton R and Evans Sandra T
Seller's Agent
Dale King
Vision Realty Group of Salisbury
Buyer's Agent
Dale King
Vision Realty Group of Salisbury
List Price
$117,500
Sold Price
$110,000
Premium/Discount to List
-$7,500
-6.38%
Views
88
Current Estimated Value
$123,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,793
Avg. Annual Appreciation
0.88%

Purchase Details

Closed on
Jun 5, 2007
Sold by
Greenberg Mark S and Greenberg Kathy
Bought by
Greenberg Mark S and Greenberg Kathy

Purchase Details

Closed on
May 12, 2007
Sold by
Greenberg Mark S and Greenberg Kathy
Bought by
Greenberg Mark S and Greenberg Kathy

Purchase Details

Closed on
Jan 6, 2003
Sold by
Covington'S Conclusion Llc
Bought by
Greenberg Mark S and Greenberg Kathy
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
Evans R Chelton R $110,000 None Listed On Document
Greenberg Mark S -- --
Greenberg Mark S -- --
Greenberg Mark S $70,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $110,000 -6.4% --
08/07/2023 08/07/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $117,500 -- --
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 $670 $60,267 $0 $0
2023 $656 $59,000 $59,000 $0
2022 $656 $59,000 $59,000 $0
2021 $656 $59,000 $59,000 $0
2020 $656 $59,000 $59,000 $0
2019 $656 $59,000 $59,000 $0
2018 $656 $59,000 $59,000 $0
2017 $678 $61,000 $0 $0
2016 $643 $59,400 $0 $0
2015 $643 $57,800 $0 $0
2014 $709 $56,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSO2002858

Bright MLS

APN: 05-088704