$300,000
SOLD NOV 17, 2012

1200 Cedar Ln Edgewater, MD 21037

3 Beds
1 Bath
1,706 Sq Ft
0.31 Acres

Recently Sold

$176 Per Sq Ft

42% Below List Price

398 Days on Market

Highlights

  • 49 Feet of Waterfront
  • 1 Boat Dock
  • 1 Fireplace
  • Central Middle School Rated A-
  • Pier
  • No HOA

About This Home

As of November 2014

AMAZING WATERFRONT OPPORTUNITY!!!Great opportunity to own a fabulous waterfront home location. Property includes a 90 ft pier with approx 50 feet of waterfront. Great views. A diamond in the rough.AMAZING OPPORTUNITY TO GET SOME SWEAT EQUITY---LAND ASSESSED AT $500,670

Last Agent to Sell the Property

Michael Hamby

Long & Foster Real Estate, Inc. Listed on: 11/09/2010

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Michael Hamby

Long & Foster Real Estate, Inc. Listed on: 11/09/2010

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,401

Year Built

  • Built in 1944

Lot Details

  • 0.31 Acre Lot
  • 49 Feet of Waterfront
  • Home fronts navigable water
  • Property is in below average condition
  • Property is zoned R2

Home Design

  • Bungalow
  • Fixer Upper
  • Vinyl Siding
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Water Views
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • Off-Site Parking

Outdoor Features

  • Pier
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Oil Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Shoreham Beach Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 020188708551200

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,401

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1944
  • Remarks Public: AMAZING WATERFRONT OPPORTUNITY!!!Great opportunity to own a fabulous waterfront home location. Property includes a 90 ft pier with approx 50 feet of waterfront. Great views. A diamond in the rough.AMAZING OPPORTUNITY TO GET SOME SWEAT EQUITY---LAND ASSESSED AT $500,670
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 1200

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Cedar, Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • View: Water
  • Water Access: Yes
  • Water Body Name: RAMSEY LAKE
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 49

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Off Site

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Oil
  • Heating Type: Baseboard, Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Septic
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 130360.00
  • Land Assessed Value: 500670.00
  • Lot Size Acres: 0.31
  • Lot Size Area: 13508
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13508.00
  • Property Condition: Below Average, Major Rehab Needed
  • Year Assessed: 2010
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15163294
  • Tax Annual Amount: 6400.82
  • Assessor Parcel Number: 020188708551200
  • Tax Lot: 17
  • Tax Page Number: 33
  • Tax Total Finished Sq Ft: 4342
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 11/17/2012

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2014
Closed on
Nov 25, 2014
Sold by
1200 Cedar Lane Llc
Bought by
Lubarsky Vadim and Lubarsky Wendy P
Seller's Agent
David Orso
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Joseph Bray
TTR Sotheby's International Realty
List Price
$1,465,000
Sold Price
$1,325,000
Premium/Discount to List
-$140,000
-9.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$800,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2010
Closed on
Nov 16, 2012
Sold by
Olivetti Joseph M
Bought by
1200 Cedar Lane Llc
Seller's Agent
Michael Hamby
Long & Foster Real Estate, Inc.
Buyer's Agent
Michael Hamby
Long & Foster Real Estate, Inc.
List Price
$519,000
Sold Price
$300,000
Premium/Discount to List
-$219,000
-42.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.62%
Original Mortgage
$600,000
Interest Rate
3.4%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 15, 1999
Sold by
Tomczak Joseph S
Bought by
O'Connor James T
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,325,000 Mid Maryland Title Company I
Deed $300,000 Residential Title & Escrow C
Deed $210,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $499,000 New Conventional
Closed $550,000 New Conventional
Closed $800,000 New Conventional
Previous Owner $600,000 Construction
Previous Owner $400,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $2,095,000 +58.1% $386 / Sq Ft
11/25/2014 11/25/14 Sold $1,325,000 -9.6% $171 / Sq Ft
10/04/2014 10/04/14 Pending -- -- --
09/12/2014 09/12/14 For Sale $1,465,000 +10.6% $189 / Sq Ft
09/11/2014 09/11/14 Off Market $1,325,000 -- --
09/10/2014 09/10/14 For Sale $1,465,000 +388.3% $189 / Sq Ft
11/17/2012 11/17/12 Sold $300,000 -10.4% $176 / Sq Ft
12/12/2011 12/12/11 Pending -- -- --
11/05/2011 11/05/11 Price Changed $335,000 -9.5% $196 / Sq Ft
07/08/2011 07/08/11 Price Changed $370,000 -5.1% $217 / Sq Ft
07/04/2011 07/04/11 Price Changed $390,000 +5.4% $229 / Sq Ft
07/01/2011 07/01/11 Price Changed $370,000 -15.9% $217 / Sq Ft
03/25/2011 03/25/11 Price Changed $440,000 -11.8% $258 / Sq Ft
11/27/2010 11/27/10 Price Changed $499,000 -3.9% $292 / Sq Ft
11/09/2010 11/09/10 For Sale $519,000 -- $304 / 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 $14,043 $1,530,367 -- --
2024 $14,043 $1,421,233 $0 $0
2023 $13,622 $1,312,100 $371,100 $941,000
2022 $12,730 $1,249,067 $0 $0
2021 $24,892 $1,186,033 $0 $0
2020 $12,134 $1,123,000 $371,100 $751,900
2019 $23,959 $1,123,000 $371,100 $751,900
2018 $11,387 $1,123,000 $371,100 $751,900
2017 $12,904 $1,228,800 $0 $0
2016 -- $1,227,000 $0 $0
2015 -- $1,225,200 $0 $0
2014 -- $454,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005064658

Bright MLS

APN: 01-887-08551200