NOT LISTED FOR SALE

Estimated Value: $724,000 - $778,000

3 Beds
2 Baths
2,048 Sq Ft
$369/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $699,000 $341 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,598/month

97 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 1.25 Acre Lot
  • 2 Fireplaces
  • 1 Dock Slip
  • Rambler Architecture
  • No HOA

About This Home

As of November 2023

Welcome to 5551 Wells Cove Drive, a waterfront oasis that captures the essence of peaceful living in the picturesque Saint Leonard, MD. Nestled on 1.25 acres of land, this charming home offers a delightful blend of modern comforts and captivating natural surroundings.

Situated on the end of the enchanting Wells Cove, which opens to Battle Creek, this property provides an idyllic waterfront experience. Imagine waking up to breathtaking views, savoring the gentle lapping of the water, and enjoying the tranquility of nature at your doorstep.

Boasting 3 bedrooms and 2 full bathrooms, this home spans an impressive 2,048 square feet and was originally built in 1980. However, it has been lovingly renovated in 2023 to offer a fresh and contemporary aesthetic that perfectly complements its serene surroundings.

Upon entering, you'll be greeted by new hardwood flooring that exudes warmth and elegance throughout the home. The newly renovated kitchen features white shaker cabinets, stainless steel appliances, and exquisite granite countertops. This space effortlessly combines functionality and style, inviting you to explore your culinary passions and create memorable meals for family and friends.

The open-concept living room, dining room, and kitchen create a seamless flow, ideal for entertaining and gathering with loved ones. The family room takes center stage, adorned with a wood-burning fireplace that invites cozy evenings and creates a soothing ambiance. It's the perfect spot to relax, unwind, and create cherished memories.

Additionally, the living room boasts a gas fireplace, providing warmth and comfort during the cooler months. Whether curling up with a good book or enjoying intimate conversations, this space offers a cozy retreat that will quickly become a favorite gathering spot.

As you step outside, you'll be captivated by the natural beauty that surrounds the property. The expansive waterfront home offers endless relaxation, recreation, and exploration opportunities. From boating and fishing to simply basking in the serenity of the water, you'll have the perfect backdrop for a tranquil lifestyle.

Don't let this waterfront haven slip away. Contact us today to schedule a private tour and embrace a new chapter of blissful living at 5551 Wells Cove Drive.

Last Agent to Sell the Property

Phil Gerdes

Real Broker, LLC - Annapolis License #0225261065 Listed on: 06/15/2023

Real Broker, LLC - Annapolis

Last Buyer's Agent

Greg Beckman

Berkshire Hathaway HomeServices PenFed Realty License #0656296

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,473

Year Built

  • Built in 1980 | Remodeled in 2023

Lot Details

  • 1.25 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water

Parking

  • 2 Car Direct Access Garage
  • 10 Driveway Spaces
  • Oversized Parking
  • Front Facing Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,048 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Brick Fireplace
  • Gas Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Property Near A Cove
  • 1 Dock Slip
  • Physical Dock Slip Conveys

Utilities

  • Central Air
  • Heating System Uses Oil
  • Back Up Oil Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Wells Cove Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 0501149245

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,473

Year Built

Built in 1980 | Remodeled in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-06-15
  • Year Built: 1980
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Features: Brick, Gas/Propane, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2048
  • Living Area Sq Ft: 2048
  • Price Per Sq Ft: 341.31
  • Above Grade Finished Sq Ft: 2048
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5551

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: Yes
  • Water Body Type: Cove
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 12
  • Type Of Parking: Driveway, Attached Garage, Off Street, On Street
  • Number of Spaces in Driveway: 10

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Heat Pump - Oil Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139842846
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 1.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 54450.00
  • Year Assessed: 2023
  • Zoning: A
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5473.00
  • Assessor Parcel Number: 0501149245
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 2048
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 11/20/2023

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Nov 20, 2023
Sold by
Hickman Howard J
Bought by
Irwin Keith Douglas and Carreras-Irwin Antonia
Seller's Agent
Phil Gerdes
Real Broker, LLC - Annapolis
Buyer's Agent
Greg Beckman
Berkshire Hathaway HomeServices PenFed Realty
List Price
$699,000
Sold Price
$699,000
Views
137
Current Estimated Value
$755,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,683
Avg. Annual Appreciation
4.04%
Original Mortgage
$200,000
Outstanding Balance
$196,891
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$552,817

Purchase Details

Closed on
Jun 12, 1984
Sold by
Smith Edgar M and Smith Margaret H
Bought by
Hickman Howard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
14.33%
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
Irwin Keith Douglas $699,000 Universal Title
Hickman Howard J $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irwin Keith Douglas $200,000
Previous Owner Hickman Howard J $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $699,000 0.0% $341 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/08/2023 09/08/23 Price Changed $699,000 0.0% $341 / Sq Ft
09/08/2023 09/08/23 For Sale $699,000 -4.9% $341 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $735,000 -- $359 / 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 $5,777 $537,100 $0 $0
2024 $5,777 $515,300 $0 $0
2023 $5,341 $493,500 $292,100 $201,400
2022 $5,274 $487,333 $0 $0
2021 $5,164 $481,167 $0 $0
2020 $5,164 $475,000 $292,100 $182,900
2019 $5,132 $470,000 $0 $0
2018 $5,067 $465,000 $0 $0
2017 $5,080 $460,000 $0 $0
2016 -- $460,000 $0 $0
2015 $5,873 $460,000 $0 $0
2014 $5,873 $463,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2011740

Bright MLS

APN: 01-149245