NOT LISTED FOR SALE

504 Twin Cove Ln Dowell, MD 20629

Estimated Value: $284,000 - $439,000

2 Beds
2.5 Baths
1,200 Sq Ft
$280/Sq Ft Est. Value

Last Sold November 13, 2014

Last sale price $160,000 $133 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,156/month

43 Days on Market

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Colonial Architecture
  • Pier
  • Lake Privileges
  • Stream or River on Lot

About This Home

As of November 2014

Just reduced $15K! Have you always wanted the perfect water privileged weekend home? Here it is! This great townhome in a waterfront community in Calvert County has a deeded 40' boat slip, with 5 1/2 MLW! Close to Solomons Island by boat or car and is about 45 min-1 hour from DC. Home is a short sale in AS/IS condition. HOA covers slip, maint. etc.

Last Agent to Sell the Property

Matthew Wyble

Next Step Realty Listed on: 06/09/2014

Next Step Realty

Co-Listed By

Thomas Hough

Long & Foster Real Estate, Inc. License #100123

Last Buyer's Agent

Kimberly Gott

RE/MAX One

RE/MAX One

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,983

Year Built

  • Built in 1990

Lot Details

  • 2,500 Sq Ft Lot
  • Home fronts navigable water
  • Two or More Common Walls

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Dining Area

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms

Outdoor Features

  • Pier
  • Water Access
  • River Nearby
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Lake Privileges

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 0501203606

Community Details

Overview

  • Association fees include pier/dock maintenance

Amenities

  • Picnic Area

Recreation

  • Boat Dock

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,983

Year Built

Built in 1990

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1990
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: MILL CREEK
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 117.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 160.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Picnic Area, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Pier/Dock Maintenance
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 117900.00
  • Land Assessed Value: 68000.00
  • Lot Size Acres: 0.06
  • Lot Size Area: 2500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2500.00
  • Year Assessed: 2014
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14975696
  • Tax Annual Amount: 1983.44
  • Assessor Parcel Number: 0501203606
  • Tax Lot: 22
  • Tax Total Finished Sq Ft: 1200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 11/13/2014

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 5
  • Waterfront Features: Private Dock Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2014
Closed on
Nov 13, 2014
Sold by
Marra Mark
Bought by
Sharma Parshotam R and Sharma Kusum L
Seller's Agent
Matthew Wyble
Next Step Realty
Buyer's Agent
Kimberly Gott
RE/MAX One
List Price
$199,900
Sold Price
$160,000
Premium/Discount to List
-$39,900
-19.96%
Current Estimated Value
$330,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,875
Avg. Annual Appreciation
7.14%
Original Mortgage
$144,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2004
Sold by
Marra Michael J and Marra Mark J
Bought by
Marra Mark

Purchase Details

Closed on
Aug 28, 2001
Sold by
Wells John F and Wells Linda T
Bought by
Marra Michael J and Marra Mark J

Purchase Details

Closed on
Apr 7, 1992
Sold by
Grim Samuel M
Bought by
Wells John F and Wells Linda T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,300
Interest Rate
8.96%
Source: Public Records

Range of Values:

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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
Sharma Parshotam R $160,000 Maryland Trust Title & Escro
Marra Mark $43,000 --
Marra Michael J $129,900 --
Wells John F $117,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Parshotam R $132,000
Closed Sharma Parshotam R $144,000
Previous Owner Marra Mark $260,000
Previous Owner Marra Mark $225,000
Previous Owner Marra Mark $200,000
Previous Owner Wells John F $111,300
Closed Marra Michael J --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2014 11/13/14 Sold $160,000 0.0% $133 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
07/06/2014 07/06/14 Price Changed $160,000 -8.6% $133 / Sq Ft
06/25/2014 06/25/14 Price Changed $175,000 -12.5% $146 / Sq Ft
06/09/2014 06/09/14 For Sale $199,900 -- $167 / 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 $2,312 $210,867 $0 $0
2024 $2,312 $199,733 $0 $0
2023 $2,114 $188,600 $68,000 $120,600
2022 $2,089 $186,567 $0 $0
2021 $2,050 $184,533 $0 $0
2020 $2,050 $182,500 $68,000 $114,500
2019 $2,056 $182,500 $68,000 $114,500
2018 $2,043 $182,500 $68,000 $114,500
2017 $2,085 $184,100 $0 $0
2016 -- $184,100 $0 $0
2015 $2,348 $184,100 $0 $0
2014 $2,348 $185,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003048320

Bright MLS

APN: 01-203606