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$400,000

Beds
3
Baths
2.0
sq ft
1,580

15220 Potomac River Dr, Cobb Island, MD 20625

15220 Potomac River Dr

COBB ISLAND, MD 20625

  • 66 days on market
Cobb Island BEAUTY! You're not just buying a home when you get this one, you're also buying an experience! Gorgeous Potomac River Water Views from just about every room in the house! Free water access in multiple areas near the home for boating/watercraft enjoyment. Relax and take in the sunsets, fireworks, your favorite beverage and the distant sounds of local live bands playing in the summer all from the front upper deck of the primary bedroom! Take your pick, because you can lounge on the rear deck and take in the views there too! This home is two stories and includes the primary suite on the upper level where you will find a lovely blend of old and new with repurposed pine flooring from a church on the vaulted ceilings and floors and a renovated full bathroom suite. Oh the primary suite! The soaking tub with a view, glass enclosed tile shower and dual vanity will have you feeling like you’re in your own private spa oasis. Repurposed pine floors continue in one of the secondary bedrooms also on the upper level while there are Oak hardwood floors on first level, only one bedroom room has carpet. There is a full bathroom on the floor, along with ample living space and a dining room. As for the kitchen - it's been renovated too! Modern touches include a gourmet kitchen with granite countertops, tile backsplash, under cabinet lighting, stainless appliances such as, 6 burner stove, dual oven, built-in microwave (1 yr old), dishwasher and refrigerator with water dispenser. There's a rear exit to the backyard where you'll find yet another slice of heaven. Watch the sunset over the Potomac River from the back deck, enjoy the landscaped yard, swing or lay in the hammock with privacy fencing on three sides. Not to be ignored, this home has been very well-maintained and includes the following: Tankless Water Heater, Stackable Full-Size Washer & Dryer, New Well Pump, New Bladder Tank, and New Thermostats - dual zone electric heating and cooling. Easy commute to employers and shopping in the Tri-County area and in Virginia. New Grocery Store, Three Restaurants & Bars serving local catch of the day, crabs and other seafood, and a Post-Office, all-in walking distance. There is a Citizens Associationm that sponsors many events, such as a Chili Cook-off in February, Spaghetti Dinners, and Pancake dinner on Shrove Tuesday. There is a true sense of community with several Facebook pages with lots of support. Neighbors place items they no longer need at the ends of their driveway for someone else to use! Lots of bikers, walkers and golf carts on the island. Access to Kayaking, boating (boat storage available) and fishing year-round. Three annual Kayaking events where participants dress up and decorate their kayak: Easter Eggstravaganza, Halloween Witches on the Water and Santa on the Water. Cobb Island Day in June includes a parade, vendors of food, crafts, play items for kids (Bounce and play, Rock Climbing). In December, Santa rides on the firetruck cruising the neighborhood and there is a decorated Golf Cart Parade & Contest, Annual 'crab pot' Tree lighting Ceremony and of course visiting Santa. True 'Community' not just a neighborhood!

Details

Property type

Single Family Residence

Est. home value

$391,152

Lot size

1 sq ft

Price per sq ft

$254

Year built

1942

Annual property taxes

$4,201

HOA

No

Price History

10/07/2024
Bright

Bright #MDCH2035290

Price change
$400,000
+2.56%
09/27/2024
Bright

Bright #MDCH2035290

Pending
$390,000
09/26/2024
Bright

Bright #MDCH2035290

Price change
$390,000
-7.14%

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

Pennymac Loan Services Llc

Loan start date

June 2023

Original loan amount

$20,156

Est. remaining balance

$19,766

Interest rate

6.39%

Loan type

FHA, 27 year

Seller

Kenneth S Smith

Lender

Pennymac Loan Services Llc

Loan start date

March 2022

Original loan amount

$12,282

Est. remaining balance

$11,603

Interest rate

3.69%

Loan type

New Conventional, 28 year

Seller

Kenneth S Smith

Lender

C&F Mortgage Corp

Loan start date

January 2020

Original loan amount

$277,874

Est. remaining balance

$251,726

Interest rate

3.73%

Loan type

FHA, 30 year

Seller

Kenneth S Smith

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: 11/03/2024 at 9:00 AM

Listing updated: 10/23/2024 at 8:59 AM

Listed by: Farrah E Fuchs, Redfin Corp Phone #: (301) 658-6186

MLS: Bright #MDCH2035290

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