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$624,900

Beds
3
Baths
3.5
sq ft
2,511

14974 Potomac River Dr, Cobb Island, MD 20625

14974 Potomac River Dr

COBB ISLAND, MD 20625

  • 206 days on market
    • Price drop $50,000↓
$50,000 PRICE REDUCTION! Come take a look - THIS ONE IS AWESOME!! Welcome home to your waterfront oasis, where breathtaking views of Neale Sound and Potomac River unfold before you. This charming property offers more than just a picturesque setting – it's a lifestyle defined by the tranquil waters and thoughtful amenities. As you approach the house, an attractive entry foyer welcomes you inside. The main level features a bedroom with an updated bathroom, providing convenience and comfort. Ascend a few steps to the heart of the home, where a well-appointed modern kitchen, complete with an island with prep sink and beautiful, unique cabinetry that makes meal prep a pleasurable experience. Also, a natural light flowing dining area, and living room add to your entertaining needs. The sunroom/family room beckons with its warmth, leading to a spacious, maintenance-free deck overlooking Neale Sound. Major remodel was done approx 2011 that included an elevator, 2nd master bedroom, dual zone heat pumps, updated kitchen with marble counter tops, center island, and hickory cabinets. Deck overlooking Neale Sound, dock with covered boat lift (lift motor as-is). Deck off upper MBR, screened front porch to view Potomac River sunsets. Step into a world of relaxation on the deck or find solace in the small screened porch, offering views of the front yard, an English tea garden, and a glimpse of the Potomac River – a perfect spot for quiet moments. The main level also hosts a large bedroom with an en-suite bath, complete with a jetted tub, separate shower, laundry area, and a skylight that fills the space with natural light and a door that leads out to the deck. Hardwood flooring graces the main level, complemented by the convenience of an elevator providing access to all three floors. Venture upstairs to discover a uniquely designed third bedroom, boasting its own full bathroom. Throughout the home, you'll find ceiling fans and recessed lights adding to the ambiance. The Nutone intercom system enhances connectivity and convenience. The long wharf outside features a covered boat house with an electric boat lift and slips for two additional boats. Water and electric on the pier make it easy to enjoy the waters, especially with your own sandy beach area right on the property. The deck leads to a hot tub and fire pit area, creating a perfect outdoor retreat. A small finished utility basement provides extra space – perhaps a play area for kids or great storage area (low ceiling). Outside, ample storage under the deck ensures you have room for all your belongings, kayaks, water toys, fishing gear, etc. This waterfront property isn't just a home; it's a destination where every day is filled with the beauty of Neale Sound and the Potomac River. Come and experience the serenity of waterfront living.

Details

Property type

Single Family Residence

Est. home value

$637,205

Lot size

3 sq ft

Price per sq ft

$249

Year built

1955

Annual property taxes

$6,546

HOA

No

Price History

08/13/2024
Bright

Bright #MDCH2033116

Price change
$624,900
-7.41%
07/25/2024
Bright

Bright #MDCH2033116

Price change
$674,900
-2.17%
05/30/2024
Bright

Bright #MDCH2033116

Listed
$689,900
+62.33%

Schools & Community

Elementary school: 

DR. THOMAS L. HIGDON

Middle school: 

PICCOWAXEN

High school: 

LA PLATA

School district: 

CHARLES COUNTY PUBLIC SCHOOLS

Negotiation Insights

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

Seller could get up to

$453,207
Asking price
$624,900
Closing costs (~8% of asking)
-$49,992
Est. remaining loan balance
-$121,701
Cash to seller
$453,207

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

July 2014

Original loan amount

$340,000

Est. remaining balance

$121,701

Interest rate

3.21%

Loan type

New Conventional, 15 year

Seller

Bonnie Y Hochman Rothell and Danny L Rothell

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: 12/22/2024 at 4:55 AM

Listing updated: 12/08/2024 at 12:09 PM

Listed by: Sandra L Denny, CENTURY 21 New Millennium Phone #: (301) 609-9000

MLS: Bright #MDCH2033116

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