NOT LISTED FOR SALE

1018 Carrs Wharf Rd Edgewater, MD 21037

Estimated Value: $1,222,000 - $1,527,000

5 Beds
5 Baths
5,000 Sq Ft
$279/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $1,235,000 $247 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,161/month

51 Days on Market

Highlights

  • 86 Feet of Waterfront
  • Primary bedroom faces the bay
  • Parking available for a boat
  • Central Middle School Rated A-
  • 2 Dock Slips
  • Access to Tidal Water

About This Home

As of March 2023

Waterfront Paradise on the Rhode River with Spectacular Views. Property features protected deep water pier which can accommodate two 45’-50’ boats - one with 8’ MLW and one with 5’ MLW & private beach (Additional waterfront lot can be purchased for total of 2 piers with 4 deep water slips. See 1012 Carrs Wharf Road listing). Home features 5,000+ square feet, 5 bedrooms, 5 full baths, oversized 2 car garage measures 29x25, open floor plan, private owner’s suite, roof top deck, large rooms, 2 laundry rooms and tons of flexible space. Addition was put on in 2008. No HOA. Outstanding potential, Airbnb opportunity and deep water slip rental income. Located near local shopping, entertainment, parks, major highways & airports. 3D virtual walkthrough, professional photos, floor plans and dimensions available in Virtual Tour. Contact agent to schedule showing or for additional information.

Last Agent to Sell the Property

Adam Heimbach

(410) 212-4898 Adam@MarylandsPropertyTeam.com Maryland's Property Team License #641953 Listed on: 01/07/2023

Co-Listed By

David Weiss

(410) 703-2363 david@marylandspropertyteam.com Maryland's Property Team License #17022

Last Buyer's Agent

Bill Franklin

(301) 346-5690 bill.franklin@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,692

Year Built

  • Built in 1969 | Remodeled in 2008

Lot Details

  • 0.41 Acre Lot
  • 86 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • Property is zoned MA2

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener
  • Gravel Driveway
  • Parking available for a boat

Property Views

  • River
  • Panoramic

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Stick Built Home

Interior Spaces

  • 5,000 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room Off Kitchen
  • Sitting Room
  • Dining Room
  • Home Office
  • Library
  • Recreation Room
  • Workshop
  • Sun or Florida Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom faces the bay
  • Main Floor Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Deck
  • Playground

Schools

  • Mayo Elementary School
  • Central Middle School
  • South River High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Pellet Stove burns compressed wood to generate heat
  • Vented Exhaust Fan
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Public Septic

Additional Features

  • Level Entry For Accessibility
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 020100002893820

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,692

Year Built

Built in 1969 | Remodeled in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-01-07
  • Federal Flood Zone: Yes
  • Year Built: 1969
  • Year Renovated: 2008
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Refrigerator, Stove, Washer, Water Conditioner - Owned, Water Heater
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Primary Bedroom - Bay Front, Stove - Pellet, Walk-In Closet(s), Water Treat System, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Library, Foyer, Sun/Florida Room, Laundry, Mud Room, Office, Recreation Room, Storage Room, Workshop, Primary Bathroom, Full Bath
  • Basement: No
  • Laundry Type: Main Floor, Upper Floor
  • Total Sq Ft: 5000
  • Living Area Sq Ft: 5000
  • Price Per Sq Ft: 240.00
  • Above Grade Finished Sq Ft: 5000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Stick Built
  • Exterior Features: Boat Storage, Play Area, Private Beach
  • Spa: No
  • View: Panoramic, River, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Rhode River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 86

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Gravel Driveway, Private
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Ceiling Fan(s), Central A/C, Zoned
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Central, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: MAYO
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 382200.00
  • Land Assessed Value: 443700.00
  • Lot Size Acres: 0.41
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17859.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: MA2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15153280
  • Tax Annual Amount: 8692.00
  • Assessor Parcel Number: 020100002893820
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Private Dock Site, Sandy Beach

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2023
Closed on
Mar 31, 2023
Sold by
Karr Dana M
Bought by
Farley Brendan and Farley Tiffany
Seller's Agent
Adam Heimbach
Maryland's Property Team
Buyer's Agent
Bill Franklin
Long & Foster Real Estate, Inc.
List Price
$1,250,000
Sold Price
$1,235,000
Premium/Discount to List
-$15,000
-1.2%
Views
164
Current Estimated Value
$1,394,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,896
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Sep 20, 2002
Sold by
Karr Douglas R
Bought by
Scarborough Joseph M and Scarborough Megan

Purchase Details

Closed on
Mar 29, 1999
Sold by
Scarborough Joseph M
Bought by
Karr Douglas R and Karr Dana M

Purchase Details

Closed on
Nov 19, 1993
Sold by
Buckley C B
Bought by
Scarborough Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.77%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Farley Brendan $1,235,000 Eagle Title
Scarborough Joseph M -- --
Karr Douglas R $400,000 --
Scarborough Joseph M $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scarborough Joseph M $376,000
Closed Karr Douglas R --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $1,235,000 +2.9% $247 / Sq Ft
02/01/2023 02/01/23 Price Changed $1,200,000 -4.0% $240 / Sq Ft
01/07/2023 01/07/23 For Sale $1,250,000 -- $250 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,801 $1,007,700 -- --
2024 $9,801 $916,800 $0 $0
2023 $9,493 $825,900 $443,700 $382,200
2022 $8,351 $799,133 $0 $0
2021 $15,552 $772,367 $0 $0
2020 $7,583 $745,600 $443,700 $301,900
2019 $7,465 $745,600 $443,700 $301,900
2018 $7,560 $745,600 $443,700 $301,900
2017 $7,346 $1,020,200 $0 $0
2016 -- $986,733 $0 $0
2015 -- $953,267 $0 $0
2014 -- $919,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDAA2051266

Bright MLS

APN: 01-000-02893820