NOT LISTED FOR SALE

6589 Cedar Cove Rd Royal Oak, MD 21662

Estimated Value: $1,187,013

3 Beds
2 Baths
1,440 Sq Ft
$824/Sq Ft Est. Value

Sale Details

Date Sold: May 14, 2024

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

Est. 19% increase in value since last sale

Current estimated payment $7,099 / mo

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

(410) 967-5995 danielmcgh@gmail.com Homeowners Real Estate Listed on: 02/15/2024

Last Buyer's Agent

Brian Gearhart

(410) 822-6665 info@bensonandmangold.com Benson & Mangold, LLC License #510143

Benson & Mangold, LLC
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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

17.85 Acres

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
  • 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

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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 17.85
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 777546.00
  • Zoning: WRC
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5990.00
  • Assessor Parcel Number: 2102072629
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
May 14, 2024
Sold by
Bought by
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
$1,187,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,013
Avg. Annual Appreciation
8.27%
Original Mortgage
$796,000
Outstanding Balance
$775,889
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$411,124

Purchase Details

Closed on
Nov 13, 2020
Sold by
Bought by

Purchase Details

Closed on
Oct 25, 1995
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$995,000 Eastern Shore Title
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,902 $754,200 $584,900 $169,300
2024 $6,569 $727,200 $0 $0
2023 $5,990 $700,200 $0 $0
2022 $5,359 $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

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Map

Source: Bright MLS

MLS Number: MDTA2007104

Bright MLS

APN: 02-072629

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