tomo logo

$399,900

Beds
3
Baths
1.5
sq ft
2,230

12155 Rock Point Rd, Newburg, MD 20664

12155 Rock Point Rd

NEWBURG, MD 20664

  • 10 days on market
BACK ON THE MARKET .. FINANCING FELL THROUGH! Welcome to this charming commercial-residential property located in a perfect location near historical Maryland and Virginia. This property features a vintage home with a distinctive character, offering a unique blend of functionality and nostalgia. It’s vintage date of 1920 speaks to the strength and durability of a structure that has stood the test of time. Original hardwood floors, mantle integrity and the many architectural nuances are reminiscent of the time period. The modern kitchen is something that is appreciated for todays cook. There is an outbuilding for commercial use, making this a perfect place for your desired work space that requires more than an office. At the heart of the property is a spacious workshop, including a bathroom, measuring 25 feet wide and 36 feet deep. The workshop offers endless possibilities, whether you choose to utilize it for storage purposes or transform it into a captivating storefront. The flexibility of this space allows you to adapt it to your unique vision and requirements. It also has a 18 x 44 slab that gives you the flexibility to create a customized space that caters to your specific needs. Whether its for storing commercial equipment, recreational vehicles or even boats. This allows you to have a dedicated area that is tailored to your needs and provides convenience and functionality. The vintage home, with its timeless appeal, can serve as a delightful office space for your business or a cozy residence for comfortable living. Its vintage charm adds a touch of character and warmth to the property Situated in close proximity to Cobb Island, this property offers convenient access to a plethora of amenities, including restaurants and boating facilities. Whether you're seeking recreational fun or looking to establish a thriving business, this location provides the ideal gateway to a vibrant community. Don't miss out on the opportunity to own this exceptional commercial-residential property, where vintage meets modern convenience, and endless possibilities await.

Details

Property type

Single Family Residence

Lot size

1.07 acres

Price per sq ft

$180

Year built

1920

Annual property taxes

$3,620

HOA

No

Price History

09/06/2024
Bright

Bright #MDCH2035888

Listed
$399,900
07/30/2024
Bright

Bright #MDCH2033992

Removed
$399,900
07/18/2024
Bright

Bright #MDCH2033992

Listed
$399,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CHARLES COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

County First Bank

Loan start date

August 2012

Original loan amount

$565,250

Est. remaining balance

Not provided

Interest rate

2.8%

Loan type

Commercial

Seller

Mil Mar & Sons Builders Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/16/2024 at 3:15 PM

Listing updated: 09/06/2024 at 7:36 PM

Listed by: Kathy L White-Thorne, RE/MAX United Real Estate Phone #: (301) 702-4200

MLS: Bright #MDCH2035888

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