NOT LISTED FOR SALE

6589 Cedar Cove Rd Royal Oak, MD 21662

Estimated Value: $952,000 - $1,229,508

3 Beds
2 Baths
1,440 Sq Ft
$727/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $995,000 $691 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,128/month

53 Days on Market

Highlights

  • 1,000 Feet of Waterfront
  • Rambler Architecture
  • No HOA
  • 17.85 Acre Lot
  • 1 Fireplace
  • Central Air

About This Home

As of May 2024

Welcome to just shy of 18 acres surrounded by water & farms on Cedar Point. Just minutes from St Michaels, this large property is the vision of waterfront seclusion. This property has 1000 ft of waterfront with its own private beach and gorgeous views of Broad Creek. The waterfront is perfect for boating, fishing, duck hunting and more. The 17 plus acres is currently used for hay but can be used for any number of agricultural uses. There is a move in ready 3 bedroom, 2 bath rancher on this property with its own detached two car garage. Everything is ready and waiting for you to move in and enjoy immediately. Look up the neighboring property at 6591 Cedar Cove Rd that is also for sale which can be bought as a package deal. That property has a large modern fully remodeled farmhouse on the point, as well as three detached garages, and a 3 bedroom, 2 bath rancher on 8 acres. You can own the whole point!

Last Agent to Sell the Property

Daniel McGhee

Homeowners Real Estate Listed on: 02/15/2024

Last Buyer's Agent

Brian Gearhart

Benson & Mangold, LLC License #510143

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,990

Year Built

  • Built in 1969

Lot Details

  • 17.85 Acre Lot
  • 1,000 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned WRC

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Permanent Foundation
  • Frame Construction

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • River Nearby

Utilities

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

Community Details

  • No Home Owners Association
  • Cedar Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2102072629

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,990

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-02-15
  • Year Built: 1969
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to just shy of 18 acres surrounded by water & farms on Cedar Point. Just minutes from St Michaels, this large property is the vision of waterfront seclusion. This property has 1000 ft of waterfront with its own private beach and gorgeous views of Broad Creek. The waterfront is perfect for boating, fishing, duck hunting and more. The 17 plus acres is currently used for hay but can be used for any number of agricultural uses. There is a move in ready 3 bedroom, 2 bath rancher on this property with its own detached two car garage. Everything is ready and waiting for you to move in and enjoy immediately. Look up the neighboring property at 6591 Cedar Cove Rd that is also for sale which can be bought as a package deal. That property has a large modern fully remodeled farmhouse on the point, as well as three detached garages, and a 3 bedroom, 2 bath rancher on 8 acres. You can own the whole point!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 690.97
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6589

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: Frame
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 1000

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: TALBOT COUNTY PUBLIC SCHOOLS
  • School District Key: 121138072466
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: A
  • Lot Size Acres: 17.85
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 777546.00
  • Year Assessed: 2023
  • Zoning: WRC
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5990.00
  • Assessor Parcel Number: 2102072629
  • Tax Total Finished Sq Ft: 1440
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/14/2024

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
May 14, 2024
Sold by
Page Alexander B and Page Joan Ann
Bought by
Nayak Nikhil R and Ross Sarah C
Seller's Agent
Daniel McGhee
Homeowners Real Estate
Buyer's Agent
Brian Gearhart
Benson & Mangold, LLC
List Price
$1,300,000
Sold Price
$995,000
Premium/Discount to List
-$305,000
-23.46%
Views
113
Current Estimated Value
$1,047,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,377
Avg. Annual Appreciation
11.00%
Original Mortgage
$796,000
Outstanding Balance
$785,061
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$359,279

Purchase Details

Closed on
Nov 13, 2020
Sold by
Bless Gale M and Eleanor Bergen Gearhert Trust
Bought by
Page Alexander B and Page Joan Ann

Purchase Details

Closed on
Oct 25, 1995
Sold by
Gearheart Don H
Bought by
Gearheart Don H and Gearheart Eleanor M
Source: Public Records

Range of Values:

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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
Nayak Nikhil R $995,000 Eastern Shore Title
Page Alexander B -- None Available
Gearheart Don H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nayak Nikhil R $796,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $995,000 0.0% $691 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/01/2024 04/01/24 Price Changed $995,000 -23.5% $691 / Sq Ft
02/15/2024 02/15/24 For Sale $1,300,000 -- $903 / 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 $6,569 $754,200 $584,900 $169,300
2024 $6,569 $727,200 $0 $0
2023 $5,990 $700,200 $0 $0
2022 $5,345 $673,200 $555,900 $117,300
2021 $5,074 $658,067 $0 $0
2020 $4,836 $642,933 $0 $0
2019 $4,723 $627,800 $512,400 $115,400
2018 $4,530 $627,800 $512,400 $115,400
2017 $4,570 $627,800 $0 $0
2016 $4,458 $684,300 $0 $0
2015 $4,654 $684,300 $0 $0
2014 $4,654 $684,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel McGhee

    Seller's Agent in 2024

    Daniel McGhee

    Homeowners Real Estate

    (410) 652-6003

    597 Total Sales

    Daniel McGhee
    Section Image
  • Brian Gearhart

    Buyer's Agent in 2024

    Brian Gearhart

    Benson & Mangold, LLC

    (410) 310-5179

    331 Total Sales

    Brian Gearhart
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDTA2007104

Bright MLS

APN: 02-072629

Maryland Talbot County Royal Oak 21662

6589 Cedar Cove Rd, Royal Oak, MD

This home is located at 6589 Cedar Cove Rd, Royal Oak, MD 21662 since 15 February 2024 and is currently estimated at $1,047,377, approximately $727 per square foot. This property was built in 1969. 6589 Cedar Cove Rd is a home located in Talbot County with nearby schools including St. Michaels Elementary School, St. Michaels Middle/High School, and Easton High School.

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