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307 Cove Road

307 Cove Road, Riva, MD 21140
House in Riva
Sold Jun 25, 2020
$527,000
$500,650 by Michigan Mutual Inc
Mortgage Due Jun 01, 2050
Sold Jan 12, 2011
$449,900
$417,000 by Usaa Fsb
Mortgage Due Jan 01, 2041
307 Cove Road has been categorized by the local assessors in Riva, MD as a residential type of property. The building on the property was first built in 1925 and is 99 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 307 Cove Road has 1,310 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,600 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a spa or hot tub but no pool on the property. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of unknown. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 307 Cove Road sold most recently in May 18, 2020 for a total of $527,000. If you work out the math, that's approximately a cost of $402.29 per sqft. Before that, the property was also sold for $449,900 in Dec 20, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,414 in taxes each year. 307 Cove Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $510,300. If we break it down further, the land itself was valued at $374,300. Improvements to the property, however, were assessed at a total of $136,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 1,310
  • Gross Building Area: 1,310
  • Building Area: 1,310
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,310
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SYLVAN SHORES
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 207 SC B 307 COVE RD SYLVAN SHORES

Ownership

  • Current Owner : FALK KATHERINE E
  • Current Owner 2: YOUNG DONOVAN S
  • Previous Owner : GOODWIN DANIEL PATRICK
  • Owner Before Previous Owner: ZAWODNIAK LEANN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 702300

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: 50 22 161
  • Account Number: 74906807000
  • District: 02
  • Section: B
  • Parcel: 02-749-06807000
  • Lot: 207
  • Latitude: 38.9561
  • Longitude: -76.5835

    Address

  • Full Address: 307 Cove Rd
  • Address - House Number: 307
  • Address - Street Name: Cove
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Riva
  • Carrier Code: R043
  • 4-Digit Zip Code: 1225
  • Zip Code: 21140

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,414

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 80
  • Final Value: 629,183
  • High Value: 728,835
  • Low Value: 529,530

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,650
  • First Open Lien Mortgage Lender: MICHIGAN MUTUAL INC
  • First Open Lien Mortgage Recording Date: Jun 25, 2020
  • First Open Lien Mortgage Loan Amount: $500,650
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $510,300
  • Market Land Value: $374,300
  • Market Improvement Value: $136,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $510,300
  • Assessed Land Value: $374,300
  • Assessed Improvements Value: $136,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 18, 2020
  • Current Sale Recording Date: Jun 25, 2020
  • Current Sale Transaction ID: 11773159467
  • Current Sale Price: $527,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Jan 12, 2011
  • Previous Sale Contract Date: Dec 20, 2010
  • Previous Sale Amount: $449,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MICHIGAN MUTUAL INC
  • First Mortgage Transaction Date: Jun 25, 2020
  • First Mortgage Loan Amount: $500,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Jan 12, 2011
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jan 01, 2041

About Riva



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Unit for rent at 504 Walnut Dr, RIVA, MD, 21140

$2,900 /mo

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504 Walnut Dr, RIVA, MD, 21140 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 307 Cove Road located in?
The 307 Cove Road is a house located in the neighborhood of Riva in Riva, Riva.
What is the average sales price for listings in 307 Cove Road?
The average sales price for units in 307 Cove Road is $0 currently.

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