NOT LISTED FOR SALE

304 Cove Creek Rd Stevensville, MD 21666

Estimated Value: $3,268,000 - $5,102,066

5 Beds
5.5 Baths
6,695 Sq Ft
$631/Sq Ft Est. Value

Last Sold August 21, 2019

Last sale price $2,450,000 $366 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $25,360/month

400 Days on Market

Highlights

  • 500 Feet of Waterfront
  • 2 Dock Slips
  • Boat or Launch Ramp
  • Matapeake Elementary School Rated A-
  • Pier
  • In Ground Pool

About This Home

As of August 2019

Spectacular Custom 5 Bedroom, 5.5 bath Waterfront home in exclusive Cove Creek Club on Kent Island. Situated 12 ft above flood plan on a protected 2.78 acre point of land with boat lift and 5 ft of MLW. Rip rapped shore line, 48x18 ft pool w/ sun shelf. Magnificent views across the Chesapeake Bay with western sunsets. 4 car finished garage w/ workshop and guest home above. Country Club Amenities!

Last Agent to Sell the Property

Glenn Sutton

(410) 507-4370 gsutton@ttrsir.com TTR Sotheby's International Realty Listed on: 06/02/2018

TTR Sotheby's International Realty

Co-Listed By

Jonathan Taylor

(202) 276-3344 jtaylor@ttrsir.com TTR Sotheby's International Realty

Last Buyer's Agent

John Cary

(410) 924-3767 jrcaryiii@aol.com Rosendale Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,392

Year Built

  • Built in 2008

Lot Details

  • 2.78 Acre Lot
  • 500 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Sprinkler System
  • Property is zoned NC-1

HOA Fees

  • $917 Monthly HOA Fees

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • HardiePlank Type
  • Composite Building Materials

Interior Spaces

  • 6,695 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • 1 Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Side Basement Entry

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Front Loading Dryer
  • ENERGY STAR Qualified Washer

Home Security

  • Intercom
  • Monitored
  • Flood Lights

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Pier
  • Water Access
  • Property near a bay
  • Rip-Rap
  • Electric Hoist or Boat Lift
  • Boat or Launch Ramp
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Well
  • Water Heater
  • Water Conditioner is Owned
  • Septic Tank

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 1804079329

Community Details

Overview

  • Cove Creek Club Subdivision

Recreation

  • 50 Community Slips

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,392

Year Built

Built in 2008

Lot Details

0

HOA Fees

$917 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2008
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Energy Star Clothes Washer, Extra Refrigerator/Freezer, Icemaker, Instant Hot Water, Microwave, Oven - Self Cleaning, Stove, Washer - Front Loading, Water Conditioner - Owned, Water Heater, Intercom
  • Interior Amenities: Butlers Pantry, Kitchen - Gourmet, Combination Dining/Living, Breakfast Area, Built-Ins, Upgraded Countertops, Primary Bath(s), Whirlpool/Hottub, Wood Floors, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Side Entrance, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 6695
  • Living Area Sq Ft: 6695
  • Price Per Sq Ft: 372.67
  • Above Grade Finished Sq Ft: 6695
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Hardiplank Type, Composition
  • Dock Type: Pier (Perpendicular)
  • Exterior Features: Flood Lights, Outside Shower, Underground Lawn Sprinkler
  • Pool Features: In Ground
  • View: Water
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 500

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Circular Driveway
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Bottled Gas, Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Instant Hot Water
  • Security: Monitored
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 2750.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 1412000.00
  • Land Assessed Value: 805600.00
  • Lot Size Acres: 2.78
  • Lot Size Area: 121097
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 121097.00
  • Outdoor Living Structures: Deck(s), Patio(s), Enclosed, Screened
  • Zoning: NC-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4525061
  • Tax Annual Amount: 22391.68
  • Assessor Parcel Number: 1804079329
  • Tax Lot: 67
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017

Multi Family

  • Dock Slip Conveyance: Deeded
  • Waterfront Features: Boat/Launch Ramp, Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2022
Sold by
Mary C Egan Revocable Inter Vivos Trust
Bought by
Motley Alonzo Berkely
Current Estimated Value
$4,224,267

Purchase Details

Listed on
Jun 2, 2018
Closed on
Aug 21, 2019
Sold by
Work Charles R and Charles R Work Trust
Bought by
Motley Alonzo Berkeley and Egan Mary Catherine
Seller's Agent
Glenn Sutton
TTR Sotheby's International Realty
Buyer's Agent
John Cary
Rosendale Realty
List Price
$2,495,000
Sold Price
$2,450,000
Premium/Discount to List
-$45,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$300,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 18, 2017
Sold by
Work Charles R and Haggart Veronica A
Bought by
Work Charles R and The Charles R Work Trust

Purchase Details

Closed on
Sep 29, 2000
Sold by
Petrie Walter H and Petrie Nancy A
Bought by
Work Charles R and Haggart Veronica A

Purchase Details

Closed on
Feb 4, 1986
Sold by
Phillips Charles V And
Bought by
Petrie Walter H and Petrie Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
10.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Motley Alonzo Berkely $289,369 --
Motley Alonzo Berkely $289,369 None Listed On Document
Motley Alonzo Berkeley $2,450,000 The Atlantic Title Group
Work Charles R -- Dunns Title & Escrow Inc
Work Charles R $950,000 --
Petrie Walter H $307,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Motley Alonzo Berkeley $300,000
Previous Owner Petrie Walter H $250,000
Closed Work Charles R --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2019 08/21/19 Sold $2,450,000 -1.8% $366 / Sq Ft
07/07/2019 07/07/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $2,495,000 0.0% $373 / Sq Ft
06/02/2019 06/02/19 Pending -- -- --
03/10/2019 03/10/19 Price Changed $2,495,000 -16.7% $373 / Sq Ft
06/02/2018 06/02/18 Price Changed $2,995,000 +30.5% $447 / Sq Ft
06/02/2018 06/02/18 For Sale $2,295,000 0.0% $343 / Sq Ft
09/22/2016 09/22/16 Rented $1,500 0.0% --
09/21/2016 09/21/16 Under Contract -- -- --
08/31/2016 08/31/16 For Rent $1,500 +7.1% --
08/06/2015 08/06/15 Rented $1,400 0.0% --
08/06/2015 08/06/15 Under Contract -- -- --
07/23/2015 07/23/15 For Rent $1,400 -- --
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 $26,670 $2,824,867 $0 $0
2024 $24,446 $2,588,733 $0 $0
2023 $22,161 $2,352,600 $669,500 $1,683,100
2022 $21,329 $2,307,600 $0 $0
2021 $43,521 $2,262,600 $0 $0
2020 $21,329 $2,217,600 $805,600 $1,412,000
2019 $21,329 $2,217,600 $805,600 $1,412,000
2018 $21,329 $2,217,600 $805,600 $1,412,000
2017 $22,392 $2,328,400 $0 $0
2016 -- $2,321,000 $0 $0
2015 $11,146 $2,313,600 $0 $0
2014 $11,146 $2,306,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001757620

Bright MLS

APN: 04-079329