Seller's Agent in 2014
Barbara Watkins
Benson & Mangold, LLC
(410) 310-2021
197 Total Sales
5550 Cove Hall Ln Royal Oak, MD 21662
Estimated Value: $1,107,000 - $4,009,000
79.03
Acres
$33,971
Price per Acre
3,442,547
Sq Ft Lot
Highlights
- Water Views
- Water Access
- Premium Lot
- Home fronts navigable water
- 79.03 Acre Lot
- 3-minute walk to Bellevue Park
About This Lot
As of November 2014Estate lot on the Tred Avon River with fabulous views of Oxford & The Choptank River. 78+ acres w/approved septic reserve area for 6,000 s.f house and conservation easement. Approved for main house, guest house & barn. Rip rap permit & pier permit pending. 7 acre impoundment. Great for hunting or farming. Currently under farm lease.
Last Agent to Sell the Property
Benson & Mangold, LLC License #17535 Listed on: 04/25/2013
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,702
Lot Details
- 79.03 Acre Lot
- Home fronts navigable water
- Landscaped
- Premium Lot
- Building Permit Application Pending Approval
- Property is zoned AG & RES
Additional Features
- Water Views
- No Septic System
Listing and Financial Details
- Assessor Parcel Number 2102077590
Community Details
Overview
- No Home Owners Association
Recreation
- Water Access
- River Nearby
- Stream or River on Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2013
Closed on
Nov 14, 2014
Sold by
The Knapp Foundation Incorporated
Bought by
Bellevue Farm Llc
Seller's Agent
Barbara Watkins
Benson & Mangold, LLC
Buyer's Agent
Schuyler Benson
Benson & Mangold, LLC
List Price
$2,850,000
Sold Price
$1,100,000
Premium/Discount to List
-$1,750,000
-61.4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,584,702
Avg. Annual Appreciation
9.35%
Original Mortgage
$1,250,000
Outstanding Balance
$463,938
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,421,805
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bellevue Farm Llc | $2,200,000 | Venture Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bellevue Farm Llc | $1,250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2014 11/14/14 | Sold | $1,100,000 | -61.4% | -- |
| 09/08/2014 09/08/14 | Pending | -- | -- | -- |
| 04/25/2013 04/25/13 | For Sale | $2,850,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $9,550 | $1,093,700 | $906,500 | $187,200 |
| 2024 | $9,550 | $1,060,233 | $0 | $0 |
| 2023 | $8,767 | $1,026,767 | $0 | $0 |
| 2022 | $7,879 | $993,300 | $863,400 | $129,900 |
| 2021 | $7,310 | $951,533 | $0 | $0 |
| 2020 | $6,897 | $920,467 | $0 | $0 |
| 2019 | $6,667 | $889,400 | $761,800 | $127,600 |
| 2018 | $6,447 | $889,400 | $761,800 | $127,600 |
| 2017 | $6,133 | $889,400 | $0 | $0 |
| 2016 | $6,208 | $957,500 | $0 | $0 |
| 2015 | $5,335 | $956,667 | $0 | $0 |
| 2014 | $5,335 | $955,833 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Watkins
-
Schuyler Benson
Buyer's Agent in 2014
Schuyler Benson
Benson & Mangold, LLC
(410) 310-3251
27 Total Sales
Map
Source: Bright MLS
MLS Number: 1003475568
APN: 02-114852
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