NOT LISTED FOR SALE

7405 Back St Newcomb, MD 21653

Estimated Value: $529,000 - $708,466

3 Beds
1.5 Baths
1,086 Sq Ft
$564/Sq Ft Est. Value

Last Sold May 19, 2020

Last sale price $507,000 $467 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,559/month

79 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Access to Tidal Water
  • Fishing Allowed
  • 2 Dock Slips
  • Spa
  • Creek or Stream View

About This Home

As of May 2020

Perfect Waterfront Get-Away! Centrally located between Easton & St Michaels on Oak Creek, this adorable, completely renovated 3 Bedroom 1.5 Bath cottage features an open floor plan, wood floors throughout, living room with wood burning fireplace, updated kitchen, and water views from almost every room. Large back yard with deck, hot tub, pier and shed. Deep water 4ft+/- MLW, furnishings negotiable.

Last Agent to Sell the Property

Brian Gearhart

(410) 310-5179 brian@chesapeakebayproperties.com Benson & Mangold, LLC License #510143 Listed on: 01/27/2020

Benson & Mangold, LLC

Last Buyer's Agent

Jenny Benson

(410) 310-6452 jbenson@bensonandmangold.com Benson & Mangold, LLC License #661318

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,151

Year Built

  • Built in 1890

Lot Details

  • 7,450 Sq Ft Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Property is in very good condition

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,086 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Chair Railings
  • Ceiling Fan
  • 1 Fireplace
  • Wood Flooring
  • Creek or Stream Views
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Spa
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Personal Watercraft
  • Waterski or Wakeboard
  • Swimming Allowed
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Powered Boats Permitted
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 2102076764

Community Details

Overview

  • No Home Owners Association
  • Newcomb Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,151

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Flooring Type: Hardwood
  • Interior Amenities: Built-Ins, Chair Railings
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry, Upper Floor
  • Total Sq Ft: 1086
  • Living Area Sq Ft: 1086
  • Price Per Sq Ft: 492.63
  • Above Grade Finished Sq Ft: 1086
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Hot Tub, Secure Storage
  • Roof: Architectural Shingle
  • View: Creek/Stream
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Private Access, Swimming Allowed, Personal Watercraft (PWC), Waterski/Wakeboard, Boat - Powered
  • Water Access: Yes
  • Water Body Name: Oak Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Gravel Driveway
  • Type Of Parking: Off Street

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 140500.00
  • Land Assessed Value: 280100.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7450.00
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5292655
  • Tax Annual Amount: 3151.00
  • Assessor Parcel Number: 2102076764
  • Tax Lot: 15
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2020
Closed on
May 16, 2020
Sold by
Hamilton Neal C and Hamilton Katherine H
Bought by
Blunck Christopher R and Blunck Elizabeth B
Seller's Agent
Brian Gearhart
Benson & Mangold, LLC
Buyer's Agent
Jenny Benson
Benson & Mangold, LLC
List Price
$549,000
Sold Price
$507,000
Premium/Discount to List
-$42,000
-7.65%
Current Estimated Value
$612,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,117
Avg. Annual Appreciation
3.40%
Original Mortgage
$405,600
Outstanding Balance
$357,840
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$254,277

Purchase Details

Listed on
Mar 6, 2015
Closed on
Oct 20, 2015
Sold by
Mckinnon Thomas J and Mckinnon Cheryl P
Bought by
Hamilton Neal C and Hamilton Katherine H
Seller's Agent
Chuck Mangold
Benson & Mangold, LLC
Buyer's Agent
Brian Gearhart
Benson & Mangold, LLC
List Price
$549,000
Sold Price
$490,000
Premium/Discount to List
-$59,000
-10.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.75%
Original Mortgage
$416,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2009
Sold by
7405 Back Street Llc
Bought by
Mckinnon Thomas J and Mckinnon Cheryl P

Purchase Details

Closed on
Aug 10, 2006
Sold by
Mckinnon Thomas J
Bought by
7405 Back Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2006
Sold by
Mckinnon Thomas J
Bought by
7405 Back Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2006
Sold by
Guinness Kenelm E L
Bought by
Mckinnon Thomas J and Mckinnon Cheryl P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2006
Sold by
Guinness Kenelm E L
Bought by
Mckinnon Thomas J and Mckinnon Cheryl P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2000
Sold by
Dwyer Janet L and Dwyer E
Bought by
Guinness Kenelm E L

Purchase Details

Closed on
Sep 8, 1998
Sold by
Dwyer Janet
Bought by
Dwyer Janet
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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Purchase History

Date Buyer Sale Price Title Company
Blunck Christopher R $507,000 Eastern Shore Title Company
Hamilton Neal C $490,000 Eastern Shore Title Company
Mckinnon Thomas J -- --
7405 Back Street Llc -- --
7405 Back Street Llc -- --
Mckinnon Thomas J $700,000 --
Mckinnon Thomas J $700,000 --
Guinness Kenelm E L $308,000 --
Dwyer Janet -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blunck Christopher R $405,600
Previous Owner Hamilton Neal C $416,500
Previous Owner Mckinnon Thomas J $140,000
Previous Owner Mckinnon Thomas J $490,000
Previous Owner Mckinnon Thomas J $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2020 05/19/20 Sold $507,000 -5.2% $467 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
02/23/2020 02/23/20 Price Changed $534,999 -2.6% $493 / Sq Ft
01/27/2020 01/27/20 For Sale $549,000 +12.0% $506 / Sq Ft
10/20/2015 10/20/15 Sold $490,000 -7.4% -- View Prior Sale
08/10/2015 08/10/15 Pending -- -- --
06/10/2015 06/10/15 Price Changed $529,000 -3.6% --
03/06/2015 03/06/15 For Sale $549,000 -- --
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 $4,349 $479,400 $279,100 $200,300
2024 $4,076 $455,400 $0 $0
2023 $3,658 $431,400 $0 $0
2022 $3,207 $407,400 $265,800 $141,600
2021 $3,104 $407,400 $265,800 $141,600
2020 $3,026 $407,400 $265,800 $141,600
2019 $3,124 $420,600 $280,100 $140,500
2018 $2,995 $420,600 $280,100 $140,500
2017 $2,787 $420,600 $0 $0
2016 $2,717 $422,800 $0 $0
2015 $2,365 $422,800 $0 $0
2014 $2,365 $422,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA137254

Bright MLS

APN: 02-076764