NOT LISTED FOR SALE

401 Cove Rd Queenstown, MD 21658

Estimated Value: $678,782 - $864,000

4 Beds
2 Baths
1,456 Sq Ft
$534/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $464,500 $319 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,758/month

95 Days on Market

Highlights

  • 55,555 Feet of Waterfront
  • 2 Dock Slips
  • Pier or Dock
  • Grasonville Elementary School Rated A-
  • Pier
  • Second Kitchen

About This Home

As of April 2016

Priced $100 below appraised value. "Motivated Seller". Wye River waterfront home offers 4 BR's, 2BA's, hrdw flrs, in-law suite w/separate entrance, freshly painted, new roof, new HVAC, LR w/wood burning frpl & sliders (Pella) to balcony overlooking Wye Cove and pier. Lower level also features future FR, workshop and lawn equipment storage garage (attached).

Last Listed By

Beverly Sloane

Benson & Mangold, LLC Listed on: 12/16/2015

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,918

Year Built

  • Built in 1978

Lot Details

  • 1.51 Acre Lot
  • 55,555 Feet of Waterfront
  • Property is in very good condition
  • Property is zoned NC-1

Property Views

  • Water
  • Scenic Vista

Home Design

  • Split Foyer
  • Slab Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Fireplace With Glass Doors
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Dining Area
  • Wood Flooring
  • Attic

Kitchen

  • Second Kitchen
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Circular Driveway
  • Gravel Driveway
  • Off-Street Parking

Accessible Home Design

  • Chairlift

Outdoor Features

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

Schools

  • Stevensville Middle School
  • Kent Island High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Fiber Optics Available

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 1805003962

Community Details

Overview

  • No Home Owners Association
  • Queen Anne's On The Wye Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,918

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Accessibility Features: Chairlift
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 2, Main
  • Year Built: 1978
  • Remarks Public: Priced $100 below appraised value. "Motivated Seller". Wye River waterfront home offers 4 BR's, 2BA's, hrdw flrs, in-law suite w/separate entrance, freshly painted, new roof, new HVAC, LR w/wood burning frpl & sliders (Pella) to balcony overlooking Wye Cove and pier. Lower level also features future FR, workshop and lawn equipment storage garage (attached).
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, 2nd Kitchen, Kitchen - Table Space, Dining Area, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Window Features: Insulated
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Foyer
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 401

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Lower Level 1 Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level 2 Full Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding
  • Dock Type: Pier (Perpendicular)
  • Roof: Asphalt
  • View: Water, Scenic Vista
  • Water Access: No
  • Water Body Name: WYE RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 55555

Garage/Parking

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

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: Septic Exists
  • Utilities: Fiber Optics Available
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pier/Dock
  • HOA: No
  • Senior Community: No

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • Middle School: STEVENSVILLE
  • High School: KENT ISLAND
  • School District Key: 121137777627
  • High School: KENT ISLAND
  • Middle Or Junior School: STEVENSVILLE

Lot Info

  • Improvement Assessed Value: 138700.00
  • Land Assessed Value: 478300.00
  • Lot Size Acres: 1.51
  • Lot Size Area: 65776
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 65776.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: NC-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4528363
  • Tax Annual Amount: 5917.65
  • Assessor Parcel Number: 1805003962
  • Tax Lot: 57
  • Tax Total Finished Sq Ft: 1456
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 04/22/2016

Multi Family

  • Dock Slip Conveyance: Deeded
  • Mean Low Water Feet: 4
  • Waterfront Features: Private Dock Site

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2015
Closed on
Apr 22, 2016
Sold by
Durbin Rose
Bought by
Lowery Kristopher G and Lowery Jacqueline R
Seller's Agent
Beverly Sloane
Benson & Mangold, LLC
Buyer's Agent
matt toronto
Engel & Völkers Annapolis
List Price
$479,000
Sold Price
$464,500
Premium/Discount to List
-$14,500
-3.03%
Total Days on Market
95
Current Estimated Value
$778,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,696
Avg. Annual Appreciation
6.42%
Original Mortgage
$441,275
Interest Rate
3.71%
Mortgage Type
New Conventional

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
Lowery Kristopher G $464,500 Progress Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowery Kristopher G $510,000
Closed Loweny Kristopher G $510,400
Closed Lowery Kristopher G $90,000
Closed Lowery Kristopher G $441,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $464,500 -3.0% $319 / Sq Ft
03/20/2016 03/20/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $479,000 -- $329 / 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 $4,825 $505,800 $340,700 $165,100
2023 $4,735 $496,233 $0 $0
2022 $4,644 $486,667 $0 $0
2021 $4,636 $477,100 $340,700 $136,400
2020 $4,636 $477,100 $340,700 $136,400
2019 $4,636 $477,100 $340,700 $136,400
2018 $5,651 $582,900 $458,000 $124,900
2017 $5,651 $582,900 $0 $0
2016 -- $582,900 $0 $0
2015 $2,784 $617,000 $0 $0
2014 $2,784 $617,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Beverly Sloane

    Benson & Mangold, LLC

    (410) 310-2345

    28 Total Sales

    Beverly Sloane
    Section Image

  • R

    Seller Co-Listing Agent in 2016

    Regina Fischer

    Long & Foster

    (410) 310-0849

    16 Total Sales

    Regina Fischer
    Section Image
  • matt toronto

    Buyer's Agent in 2016

    matt toronto

    Engel & Völkers Annapolis

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002768494

Bright MLS

APN: 05-003962

Maryland Queen Annes County Queenstown 21658

401 Cove Rd, Queenstown, MD

Homes for Sale in Queenstown, MD

This home is located at 401 Cove Rd, Queenstown, MD 21658 since 16 December 2015 and is currently estimated at $778,196, approximately $534 per square foot. This property was built in 1978. 401 Cove Rd is a home located in Queen Anne's County with nearby schools including Grasonville Elementary School, Stevensville Middle School, and Kent Island High School.

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