NOT LISTED FOR SALE

516 Cobey Dr Cumberland, MD 21502

Estimated Value: $287,015 - $383,000

4 Beds
2.5 Baths
2,406 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $220,050 $91 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,919/month

92 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 1 Fireplace
  • Parkside Elementary School Rated 9+
  • Wood Flooring
  • Corner Lot

About This Home

As of July 2012

IMMACULATE 4 BDRM HOME W/A GREAT VIEW & JUST THE PERFECT AMOUNT OF TREES & LANDSCAPING - 2.5 BATHS -CUSTOM CHERRY KIT W/BRICK WORK - UPDATED BATHS W/CERAMIC TILE & GRANITE COUNTERS - FORMAL DIN RM - FORMAL LIV RM W/BAY WINDOW - FORMAL LIBRARY W/BUILT- INS - CERAMIC TILE - LOTS OF WINDOWS & FRENCH DRS TO DECKS - ZONED HW BASEBOARD HEAT & C/A - MULTI-TIERED DECK - MANY OTHER EXTRAS

Last Agent to Sell the Property

Joe Brewer

(800) 521-2193 jbrewer@atlanticbb.net Century 21 Potomac West License #602739 Listed on: 03/15/2012

Century 21 Potomac West

Last Buyer's Agent

Jeanne Levasseur

jeannelevasseur@gmail.com Century 21 Potomac West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,554

Year Built

  • Built in 1968

Lot Details

  • 0.43 Acre Lot
  • Landscaped
  • Corner Lot
  • Property is in very good condition

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Built-In Features
  • Chair Railings
  • Whole House Fan
  • 1 Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Library
  • Game Room
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Connecting Stairway

Parking

  • 1 Car Garage
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Storage Shed

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 0106033377

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,554

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven - Wall, Washer
  • Interior Amenities: Dining Area, Built-Ins, Chair Railings, Window Treatments, Upgraded Countertops, Master Bath(s), Wood Floors
  • Fireplace Features: Equipment
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Library
  • Basement: Yes
  • Basement Type: Connecting Stairway, Partially Finished, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Road Surface Type: Black Top
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Whole House Fan
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 148000.00
  • Land Assessed Value: 36200.00
  • Lot Features: Corner, Landscaping
  • Lot Size Acres: 0.43
  • Lot Size Area: 18750
  • Lot Dimensions: LotLength:150 X LotDepth:125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18750.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Property Condition: Very Good
  • Zoning: RESID
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14913704
  • Tax Annual Amount: 3553.77
  • Assessor Parcel Number: 0106033377
  • Tax Lot: 75
  • Tax Page Number: 609
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2012
Closed on
Jul 31, 2012
Sold by
Smith Daryl D and Smith Jane E
Bought by
Wilt Gregg P and Wilt Joy M
Seller's Agent
Joe Brewer
Century 21 Potomac West
Buyer's Agent
Jeanne Levasseur
Century 21 Potomac West
List Price
$249,000
Sold Price
$220,050
Premium/Discount to List
-$28,950
-11.63%
Current Estimated Value
$335,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,204
Avg. Annual Appreciation
3.18%
Original Mortgage
$227,300
Outstanding Balance
$157,463
Interest Rate
3.67%
Mortgage Type
VA
Estimated Equity
$177,791

Purchase Details

Closed on
Oct 3, 2000
Sold by
Sagin Mark A
Bought by
Smith Daryl D and Smith Jane E

Purchase Details

Closed on
Aug 18, 1989
Sold by
Flink Paul F-Noelle C
Bought by
Sagin Mark A-

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
10.09%
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
Wilt Gregg P $220,050 None Available
Smith Daryl D $170,000 --
Sagin Mark A- $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilt Gregg P $227,300
Previous Owner Sagin Mark A- $96,000
Closed Smith Daryl D --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2012 07/31/12 Sold $220,050 -11.6% $91 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $249,000 -- $103 / 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 $2,013 $237,400 $0 $0
2024 $1,968 $219,100 $0 $0
2023 $1,868 $200,800 $30,600 $170,200
2022 $1,836 $197,800 $0 $0
2021 $1,822 $194,800 $0 $0
2020 $1,781 $191,800 $30,600 $161,200
2019 $1,792 $191,800 $30,600 $161,200
2018 $1,823 $191,800 $30,600 $161,200
2017 $1,873 $198,300 $0 $0
2016 $949 $198,300 $0 $0
2015 $2,168 $198,300 $0 $0
2014 $2,168 $224,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003896050

Bright MLS

APN: 06-033377