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$498,500

Beds
2
Baths
1.0
sq ft
1,032

712 Twin Point Cove Rd, Cambridge, MD 21613

712 Twin Point Cove Rd

CAMBRIDGE, MD 21613

  • 14 days on market
THERE ARE MORE PICTURES COMING. This charming 2-bedroom, 1-bathroom waterfront home is the perfect getaway for those who love the water. Nestled along the river, it offers a peaceful and relaxing atmosphere with stunning views right from your living room, thanks to the beautiful bay windows that frame the water. Enjoy the convenience of your own private boat ramp and dock, making it easy to set off on a day of boating, fishing, or crabbing. Whether you're watching the sunrise over the river, casting a line from the dock, or simply unwinding with the soothing sounds of the water, this home is a serene retreat for nature lovers and water enthusiasts alike.

Details

Property type

Single Family Residence

Est. home value

$388,076

Lot size

0.77 acres

Price per sq ft

$484

Year built

1968

Annual property taxes

$3,112

HOA

No

Price History

03/20/2025
Bright

Bright #MDDO2009220

Listed
$498,500
+42.43%
08/13/2021
Bright

Bright #MDDO127258

Sold
$350,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

CAMBRIDGE-SOUTH DORCHESTER

School district: 

DORCHESTER 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

$200,740
Asking price
$498,500
Closing costs (~8% of asking)
-$39,880
Est. remaining loan balance
-$257,880
Cash to seller
$200,740

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

August 2021

Original loan amount

$280,000

Est. remaining balance

$257,880

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Trinitas O Binan and Gloria T Akia

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: 04/04/2025 at 5:45 AM

Listing updated: 03/23/2025 at 3:26 PM

Listed by: Wes Russum, Coldwell Banker Chesapeake Real Estate Company Phone #: (410) 822-9000

MLS: Bright #MDDO2009220

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