NOT LISTED FOR SALE

5560 Bowen Rd Cambridge, MD 21613

Estimated Value: $271,661 - $317,000

2 Beds
1 Bath
600 Sq Ft
$490/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $185,000 $308 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,701/month

154 Days on Market

Highlights

  • Private Dock Site
  • Water Access
  • 0.53 Acre Lot
  • Home fronts navigable water
  • Bay View
  • No HOA

About This Home

As of October 2019

Cozy waterfront cottage with FABULOUS sunsets! Enjoy the broad water view of Brooks Creek. Home features 2 bedrooms, 1 bath, living room and kitchen with access to waterside sunroom. Two storage sheds with room for all of your toys! This is your perfect weekend getaway! Dock with 4' MLW (buyer to verify)

Last Agent to Sell the Property

Sheila Washburn

(410) 822-1415 info@bensonandmangold.com Benson & Mangold, LLC License #RB-0031456 Listed on: 04/02/2019

Benson & Mangold, LLC

Last Buyer's Agent

Gwen Eskridge

(410) 822-9000 geskridge@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company License #590257

Coldwell Banker Chesapeake Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,679

Year Built

  • Built in 1959

Lot Details

  • 0.53 Acre Lot
  • Home fronts navigable water
  • Creek or Stream
  • Property is zoned RR

Property Views

  • Bay
  • River

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 600 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Private Dock Site

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Cambridge Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 08-181047

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,679

Year Built

Built in 1959

Lot Details

0.53 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 600
  • Living Area Sq Ft: 600
  • Price Per Sq Ft: 375.00
  • Above Grade Finished Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Spa: No
  • View: Water, River, Bay
  • Water Access: Yes
  • Water Body Name: Brooks Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.53
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23086.00
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5317134
  • Tax Annual Amount: 2679.00
  • Assessor Parcel Number: 08-181047
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Oct 11, 2019
Sold by
Penn William M
Bought by
Wiegand Erik M and Wiegand Christine M
Seller's Agent
Sheila Washburn
Benson & Mangold, LLC
Buyer's Agent
Gwen Eskridge
Coldwell Banker Chesapeake Real Estate Company
List Price
$239,900
Sold Price
$185,000
Premium/Discount to List
-$54,900
-22.88%
Current Estimated Value
$293,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,915
Avg. Annual Appreciation
7.48%
Original Mortgage
$166,500
Outstanding Balance
$145,862
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$148,053
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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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
Wiegand Erik M $185,000 Cambridge Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiegand Erik M $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $185,000 -17.8% $308 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $225,000 -6.2% $375 / Sq Ft
04/02/2019 04/02/19 For Sale $239,900 -- $400 / Sq Ft
Source: Bright MLS

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 $2,254 $192,133 $0 $0
2024 $2,124 $188,867 $0 $0
2023 $2,124 $185,600 $153,600 $32,000
2022 $2,124 $185,600 $153,600 $32,000
2021 $2,739 $185,600 $153,600 $32,000
2020 $2,739 $240,900 $199,200 $41,700
2019 $2,739 $240,900 $199,200 $41,700
2018 $2,739 $240,900 $199,200 $41,700
2017 $2,918 $262,700 $0 $0
2016 -- $262,700 $0 $0
2015 $3,612 $262,700 $0 $0
2014 $3,612 $265,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO123244

Bright MLS

APN: 08-181047

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