NOT LISTED FOR SALE

323 Cove Rd Riva, MD 21140

Estimated Value: $1,190,850

4 Beds
3 Baths
2,408 Sq Ft
$495/Sq Ft Est. Value

Last Sold February 25, 2015

Last sale price $810,000 $336 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,040/month

54 Days on Market

Highlights

  • Boathouse
  • 48 Feet of Waterfront
  • 2 Dock Slips
  • South River High School Rated A
  • Boat Ramp
  • Pier

About This Home

As of February 2015

Back on the market! Crisp & clean "Coastal Living" Style Waterfront - Outstanding layout & materials in/out, w/ great water-views from almost every room, custom kitchen w/ cherry cabinets, S/S, granite, Ipe hardwood floors, deluxe master suite & bath. Private pier w/ a 10,000 lbs boat lift / covered slip. Community paving of roads is almost complete. Perfect for DC/Balt/Ft. Meade commuter.

Last Agent to Sell the Property

Brent Allen

(410) 349-7764 brentjallen@gmail.com Long & Foster Real Estate, Inc. License #37300 Listed on: 12/03/2014

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Raymond Alexander

(410) 353-2642 raymond.alexander@cbmove.com Coldwell Banker Realty License #506985

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,328

Year Built

  • Built in 2007

Lot Details

  • 8,508 Sq Ft Lot
  • 48 Feet of Waterfront
  • Home fronts navigable water
  • Premium Lot
  • The property's topography is level
  • Property is in very good condition
  • Property is zoned R5

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Insulated Windows
  • Window Treatments
  • Casement Windows
  • Window Screens
  • French Doors
  • Sliding Doors
  • Insulated Doors
  • Six Panel Doors
  • Dining Area
  • Wood Flooring
  • River Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Dual Flush Toilets

Laundry

  • Front Loading Dryer
  • Washer

Unfinished Basement

  • Connecting Stairway
  • Rear Basement Entry
  • Space For Rooms
  • Basement Windows

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Boathouse
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Lake Privileges
  • Balcony
  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heat Pump System
  • Programmable Thermostat
  • Bottled Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 198
  • Assessor Parcel Number 020274908418200

Community Details

Overview

  • $79 Other Monthly Fees
  • Sylvan Shores Subdivision, Coastal Living Style Floorplan

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Pier or Dock
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,328

Year Built

Built in 2007

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2007
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer - Front Loading, Dual Flush Toilets, Microwave, Range Hood, Refrigerator, Washer, Oven/Range - Electric
  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Kitchen - Island, Dining Area, Primary Bath(s), Built-Ins, Crown Moldings, Window Treatments, Entry Level Bedroom, Upgraded Countertops, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane, Energy Star Qualified, Insulated, Low-E, Screens, Casement
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Six Panel, Sliding Glass, French
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Daylight, Partial, Unfinished, Windows, Space For Rooms
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures List: Shed, Boat House
  • Construction Materials: Fiber Cement, Hardiplank Type
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Road Surface Type: Paved
  • Roof: Shingle, Metal
  • View: Water, River
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: GRANVILLE CREEK / SOUTH RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 48

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s), Programmable Thermostat, Zoned
  • Heating Fuel: Electric, Bottled Gas/Propane
  • Heating Type: Heat Pump(s), Forced Air, Central, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Dsl Available, Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 25.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Club House, Common Grounds, Pier/Dock, Water/Lake Privileges
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 79.41
  • Other Fees Frequency: Monthly

Lot Info

  • Lot Features: Premium
  • Lot Size Acres: 0.20
  • Lot Size Area: 8508
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8508.00
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es)
  • Property Condition: Very Good
  • Topography: Level
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Waterfront Features: Private Dock Site

Tax Info

  • Tax Annual Amount: 5328.12
  • Assessor Parcel Number: 020274908418200
  • Tax Lot: 198
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2014
Closed on
Mar 18, 2015
Sold by
Wulff Raymond and Wulff Jennifer N
Bought by
Ely Lawrence K and Ely Kathleen M
Seller's Agent
Brent Allen
Long & Foster Real Estate, Inc.
Buyer's Agent
Raymond Alexander
Coldwell Banker Realty
List Price
$825,000
Sold Price
$810,000
Premium/Discount to List
-$15,000
-1.82%
Current Estimated Value
$1,190,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,850
Avg. Annual Appreciation
3.60%
Original Mortgage
$494,500
Outstanding Balance
$375,258
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$815,592

Purchase Details

Closed on
May 9, 2001
Sold by
Cox Suzan A
Bought by
Wulff Raymond and Wulff Jennifer N

Purchase Details

Closed on
Mar 28, 2001
Sold by
Montgomery Chas S
Bought by
Cox Suzan A and Cox Agnes B
Source: Public Records
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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
Ely Lawrence K $810,000 Eagle Title Llc
Wulff Raymond $387,500 --
Cox Suzan A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ely Lawrence K $494,500
Closed Ely Lawrence K $234,500
Closed Wulff Raymond --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2015 02/25/15 Sold $810,000 -0.6% $336 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
01/08/2015 01/08/15 Price Changed $815,000 -1.2% $338 / Sq Ft
12/03/2014 12/03/14 For Sale $825,000 -- $343 / 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
2025 $9,455 $874,400 -- --
2024 $9,455 $804,100 $0 $0
2023 $9,069 $733,800 $384,700 $349,100
2022 $8,524 $727,000 $0 $0
2020 $8,186 $713,400 $384,700 $328,700
2019 $7,949 $696,133 $0 $0
2018 $6,884 $678,867 $0 $0
2017 $7,408 $661,600 $0 $0
2016 -- $661,600 $0 $0
2015 -- $661,600 $0 $0
2014 -- $744,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003272122

Bright MLS

APN: 02-749-08418200