NOT LISTED FOR SALE

31700 Well Cove Dr Galena, MD 21635

Estimated Value: $522,000 - $726,000

3 Beds
1 Bath
783 Sq Ft
$814/Sq Ft Est. Value

Sale Details

Date Sold: September 13, 2013

Last sale price $234,500 $299 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,450 / mo

214 Days on Market

Highlights

  • 1 Boat Dock
  • Pier
  • Cottage
  • Water Views
  • Home fronts navigable water
  • Window Unit Cooling System

About This Home

As of September 2013

SELLER SAYS BRING ALL OFFERS Sassafras Waterfront Retreat!!! Wow- great price on this classic waterfront cottage. Boasting a spectacular view & a sandy beach along the Sassafras River, a private pier with electric as well as access to the community beach, dock and boat launch. This is a wonderful affordable location to make lifetime memories. Home is suitable for seasonal or year around living.

Last Agent to Sell the Property

Steve Parker

(410) 275-8101 Steve@LCParkerrealestate.com L. C. Parker Real Estate License #22156 Listed on: 11/05/2012

Last Buyer's Agent

Retha Arrabal

(410) 810-0010 rarrabal@hotmail.com Doug Ashley Realtors, LLC License #107285

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,177

Year Built

  • Built in 1961

Lot Details

  • 16,204 Sq Ft Lot
  • Home fronts navigable water

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Living Room
  • Combination Kitchen and Dining Room
  • Water Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Pier
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1501013246

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,177

Year Built

Built in 1961

Lot Details

0.37 Acres

HOA Fees

$7 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • View: Water
  • Water Access: Yes
  • Water Body Name: SASSAFRASS RIVER
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 85.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 49400.00
  • Land Assessed Value: 362800.00
  • Lot Size Acres: 0.37
  • Lot Size Area: 16204
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16204.00

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4499457
  • Tax Annual Amount: 5176.71
  • Assessor Parcel Number: 1501013246
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2020
Sold by
Willis James A and Willis Maureen A
Bought by
Johnson Carl O and Johnson Christine L
Current Estimated Value
$554,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,400
Outstanding Balance
$321,436
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$315,950

Purchase Details

Listed on
Nov 5, 2012
Closed on
Aug 28, 2013
Sold by
Monhollan William
Bought by
Willis James A and Willis Maureen A
Seller's Agent
Steve Parker
L. C. Parker Real Estate
Buyer's Agent
Retha Arrabal
Doug Ashley Realtors, LLC
List Price
$339,000
Sold Price
$234,500
Premium/Discount to List
-$104,500
-30.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$211,050
Interest Rate
4.43%
Mortgage Type
New Conventional
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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Purchase History

Date Buyer Sale Price Title Company
Johnson Carl O $449,000 None Available
Willis James A $234,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Carl O $360,400
Previous Owner Willis James A $211,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2013 09/13/13 Sold $234,500 -4.3% $299 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
05/17/2013 05/17/13 Price Changed $245,000 -18.1% $313 / Sq Ft
05/06/2013 05/06/13 Price Changed $299,000 -6.3% $382 / Sq Ft
03/04/2013 03/04/13 Price Changed $319,000 -5.9% $407 / Sq Ft
11/05/2012 11/05/12 For Sale $339,000 -- $433 / Sq Ft
Source: Bright MLS

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 $5,464 $572,033 $0 $0
2024 $5,181 $500,067 $0 $0
2023 $4,915 $428,100 $362,800 $65,300
2022 $4,859 $426,933 $0 $0
2020 $4,875 $424,600 $362,800 $61,800
2019 $4,846 $422,033 $0 $0
2018 $9,634 $419,467 $0 $0
2017 $4,628 $416,900 $0 $0
2016 -- $402,800 $0 $0
2015 $5,207 $388,700 $0 $0
2014 $5,207 $374,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Parker

    Seller's Agent in 2013

    Steve Parker

    L. C. Parker Real Estate

    (443) 309-1042

    49 Total Sales

    Steve Parker
    Section Image
  • Retha Arrabal

    Buyer's Agent in 2013

    Retha Arrabal

    Doug Ashley Realtors, LLC

    (410) 708-2172

    114 Total Sales

    Retha Arrabal
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004214832

Bright MLS

APN: 01-013246

Maryland Kent County Galena 21635

31700 Well Cove Dr, Galena, MD

Not Listed for Sale

Detached

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