NOT LISTED FOR SALE

312 Cove View Dr Saint Michaels, MD 21663

Estimated Value: $516,000 - $532,000

2 Beds
2 Baths
1,540 Sq Ft
$124/mo HOA Fee

Last Sold April 17, 2015

Last sale price $335,000 $218 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,339/month

15 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Pier
  • Stream or River on Lot
  • 5 Dock Slips
  • Pier or Dock
  • Breakfast Area or Nook

About This Home

As of April 2015

Pastoral views across Spencer Creek come with this two story condo end unit with fireplace, deck, garage, and deeded right to boat slip at community pier. One of only 8 units on 2 acres. Potential for 1st floor bedroom. Public water and sewer, but outside town limits so no town taxes. Enjoy beautiful sun rise and moon rise views. Also part of Rio Vista Subdivision with annual dues of $50.

Last Agent to Sell the Property

J. Christine Young

Benson & Mangold, LLC Listed on: 02/06/2015

Last Buyer's Agent

Cornelia Heckenbach

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,987

Year Built

  • Built in 1985

Lot Details

  • 200 Feet of Waterfront
  • 1 Common Wall

HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,540 Sq Ft Home
  • Property has 2 Levels
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Pier
  • Water Oriented
  • River Nearby
  • 5 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 6A
  • Assessor Parcel Number 2102108429

Community Details

Overview

  • Association fees include lawn maintenance, insurance, pier/dock maintenance, reserve funds
  • Cove View Community
  • Cove View Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area

Recreation

  • Pier or Dock

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,987

Year Built

Built in 1985

Lot Details

0

HOA Fees

$124 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1985
  • Remarks Public: Pastoral views across Spencer Creek come with this two story condo end unit with fireplace, deck, garage, and deeded right to boat slip at community pier. One of only 8 units on 2 acres. Potential for 1st floor bedroom. Public water and sewer, but outside town limits so no town taxes. Enjoy beautiful sun rise and moon rise views. Also part of Rio Vista Subdivision with annual dues of $50.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range Hood, Stove, Washer/Dryer Stacked
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Window Treatments
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Entry Location: Townhouse
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1540
  • Living Area Sq Ft: 1540
  • Price Per Sq Ft: 224.03
  • Above Grade Finished Sq Ft: 1540
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 312

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Water Access: No
  • Water Body Name: SPENCER CREEK
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 200

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 360.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Common Grounds, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Insurance, Pier/Dock Maintenance, Reserve Funds
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA Condo Co-Op Rules: Covenants, Restrictions
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: TALBOT COUNTY PUBLIC SCHOOLS
  • School District Key: 121138072466

Lot Info

  • Improvement Assessed Value: 162300.00
  • Land Assessed Value: 148700.00
  • Year Assessed: 2014

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1987.29
  • Assessor Parcel Number: 2102108429
  • Tax Lot: 6A
  • Tax Total Finished Sq Ft: 1540
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 04/17/2015

Multi Family

  • Dock Slip Conveyance: Assigned
  • Mean Low Water Feet: 2
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2015
Closed on
Apr 17, 2015
Sold by
Albright Margaret D and Albright Robert
Bought by
Friner Howard D and Friner Kim M
Seller's Agent
J. Christine Young
Benson & Mangold, LLC
Buyer's Agent
Cornelia Heckenbach
Long & Foster Real Estate, Inc.
List Price
$345,000
Sold Price
$335,000
Premium/Discount to List
-$10,000
-2.9%
Current Estimated Value
$523,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,381
Avg. Annual Appreciation
4.51%
Original Mortgage
$251,250
Outstanding Balance
$194,488
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$330,538

Purchase Details

Closed on
Apr 5, 2012
Sold by
Albright Margaret D
Bought by
Albright Margaret D and Albright Thomas E

Purchase Details

Closed on
Aug 16, 1989
Sold by
Kirkland Elizabeth D
Bought by
Albright Lorenz E

Purchase Details

Closed on
Jul 30, 1986
Sold by
Cove Point Joint Venture
Bought by
Kirkland Elizabeth D
Source: Public Records

Range of Values:

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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
Friner Howard D $335,000 Venture Title Company
Albright Margaret D -- None Available
Albright Lorenz E $175,000 --
Kirkland Elizabeth D $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friner Howard D $251,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2015 04/17/15 Sold $335,000 -2.9% $218 / Sq Ft
02/21/2015 02/21/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $345,000 -- $224 / 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
2024 $3,602 $402,433 $0 $0
2023 $3,177 $371,367 $0 $0
2022 $2,702 $340,300 $170,000 $170,300
2021 $5,169 $339,200 $0 $0
2020 $5,023 $338,100 $0 $0
2019 $3,324 $337,000 $170,000 $167,000
2018 $2,183 $328,333 $0 $0
2017 $2,050 $319,667 $0 $0
2016 $1,999 $311,000 $0 $0
2015 $1,203 $311,000 $0 $0
2014 $1,203 $311,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002531398

Bright MLS

APN: 02-108429