NOT LISTED FOR SALE

7393 Back St Newcomb, MD 21653

Estimated Value: $683,000 - $958,000

3 Beds
3 Baths
2,250 Sq Ft
$378/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $620,000 $276 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,049/month

236 Days on Market

Highlights

  • 3 Dock Slips
  • Access to Tidal Water
  • River View
  • Home fronts navigable water
  • Fishing Allowed
  • Wood Flooring

About This Home

As of December 2020

Charming on the outside, fabulous on the inside. Fully renovated waterfront waterman's cottage with modern addition and waterside screened porch. Beautiful water views from the living area and primary bedroom. Wood burning fireplace to gather around in the off-season. Main bedroom also features fireplace. Total of 3 bedroom/bath suites. Substantial dock with two boat lifts. Easy boating to St. Michaels harbor and St. Michaels waterfront restaurants. Great vacation rental potential. If you are looking for an easy to maintain, move in ready waterfront getaway in a great location, this is it.

Last Agent to Sell the Property

Carolina Barksdale

Benson & Mangold, LLC License #575707 Listed on: 10/08/2019

Benson & Mangold, LLC

Last Buyer's Agent

Lisa Knotts

Meredith Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,335

Year Built

  • Built in 1946

Lot Details

  • 7,405 Sq Ft Lot
  • Home fronts navigable water

Property Views

  • River
  • Scenic Vista

Home Design

  • Frame Construction
  • Architectural Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,250 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Screened Porch

Kitchen

  • Stove
  • Range Hood
  • Built-In Microwave
  • Trash Compactor

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Shed
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-076772

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,335

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-10-08
  • Year Built: 1946
  • Automatically Close On Close Date: No
  • Remarks Public: Charming on the outside, fabulous on the inside. Fully renovated waterfront waterman's cottage with modern addition and waterside screened porch. Beautiful water views from the living area and primary bedroom. Wood burning fireplace to gather around in the off-season. Main bedroom also features fireplace. Total of 3 bedroom/bath suites. Substantial dock with two boat lifts. Easy boating to St. Michaels harbor and St. Michaels waterfront restaurants. Great vacation rental potential. If you are looking for an easy to maintain, move in ready waterfront getaway in a great location, this is it.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dryer, Range Hood, Refrigerator, Stove, Trash Compactor, Washer, Water Heater
  • Interior Amenities: Carpet, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Primary Bath(s), Skylight(s), Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Screened Porch
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2250
  • Living Area Sq Ft: 2250
  • Price Per Sq Ft: 300.00
  • Above Grade Finished Sq Ft: 2250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7393

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed, Storage Barn/Shed
  • Construction Materials: Frame
  • Roof: Architectural Shingle, Asphalt
  • View: River, Scenic Vista, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Oak Creek
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Oil
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Well
  • Municipal Trash: No

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

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.20
  • Year Assessed: 2018
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Multi Family

  • Mean Low Water Feet: 3
  • Waterfront Features: Private Dock Site

Tax Info

  • Assessor Parcel Number: 5292656
  • Tax Annual Amount: 3335.00
  • Assessor Parcel Number: 02-076772
  • Tax Year: 2018
  • Close Date: 12/16/2020

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Dec 16, 2020
Sold by
Fishel Jeffrey B and Fishel Dawn M
Bought by
Follum John Edward and Knotts Lisa A
Seller's Agent
Carolina Barksdale
Benson & Mangold, LLC
Buyer's Agent
Lisa Knotts
Meredith Fine Properties
List Price
$675,000
Sold Price
$620,000
Premium/Discount to List
-$55,000
-8.15%
Current Estimated Value
$851,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,470
Avg. Annual Appreciation
7.50%
Original Mortgage
$510,400
Outstanding Balance
$457,281
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$414,173

Purchase Details

Closed on
Aug 28, 1991
Sold by
Cornwell Mitchell J
Bought by
Fishel Jeffrey B and Fishel Dawn M

Purchase Details

Closed on
Jan 10, 1986
Sold by
Wooden Paul F and Wooden Irina R
Bought by
Cornwell Mitchell J
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
Follum John Edward $620,000 Title Excellence
Fishel Jeffrey B $130,000 --
Cornwell Mitchell J $89,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Follum John Edward $215,000
Open Follum John Edward $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $620,000 -8.1% $276 / Sq Ft
11/01/2020 11/01/20 For Sale $675,000 +8.9% $300 / Sq Ft
10/31/2020 10/31/20 Off Market $620,000 -- --
10/04/2020 10/04/20 Price Changed $675,000 -2.9% $300 / Sq Ft
09/11/2020 09/11/20 Price Changed $695,000 -0.6% $309 / Sq Ft
07/08/2020 07/08/20 Price Changed $699,000 -2.8% $311 / Sq Ft
07/02/2020 07/02/20 For Sale $719,000 0.0% $320 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/17/2020 05/17/20 Price Changed $719,000 -4.0% $320 / Sq Ft
10/12/2019 10/12/19 For Sale $749,000 +20.8% $333 / Sq Ft
10/08/2019 10/08/19 Off Market $620,000 -- --
10/08/2019 10/08/19 For Sale $749,000 -- $333 / 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 $5,033 $611,200 $277,800 $333,400
2024 $5,033 $562,300 $0 $0
2023 $4,353 $513,400 $0 $0
2022 $3,656 $464,500 $264,500 $200,000
2021 $7,078 $464,467 $0 $0
2020 $3,480 $464,433 $0 $0
2019 $3,450 $464,400 $275,600 $188,800
2018 $3,307 $464,400 $275,600 $188,800
2017 $3,083 $464,400 $0 $0
2016 $3,006 $467,800 $0 $0
2015 $2,705 $467,800 $0 $0
2014 $2,705 $467,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA136532

Bright MLS

APN: 02-076772