Seller's Agent in 2018
Staci Foster
Engel & Völkers Annapolis
(410) 991-0453
6 Total Sales
1202 Cedar Ln Edgewater, MD 21037
Estimated Value: $743,000 - $920,000
2
Beds
1.5
Baths
1,682
Sq Ft
$482/Sq Ft
Est. Value
Highlights
- 55 Feet of Waterfront
- 3 Dock Slips
- Bay View
- South River High School Rated A
- Pier
- Open Floorplan
About This Home
As of November 2018RIPARIAN WATERFRONT Private, Deep Water Pier w/Boat Lift & Multiple Slips on 50' of shoreline. Quick Access to Chesapeake Bay & South River. Enjoy Spectacular Views & Sunsets! Situated on .35 acres, this home is easily converted to 3 Bed/2Bath and ready for your personal touch! ***Updates***SS Appliances 2017, HVAC 2015, Hot Water Heater 2016, Roof 2012.
Last Agent to Sell the Property
(410) 991-0453 staci.foster@evrealestate.com Engel & Völkers Annapolis Listed on: 09/28/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,205
Year Built
- Built in 1996
Lot Details
- 0.35 Acre Lot
- 55 Feet of Waterfront
- Home fronts navigable water
- The property's topography is moderate slope
- Property is zoned R2
Parking
- Driveway
Property Views
- Bay
- River
Home Design
- Split Foyer
- Vinyl Siding
Interior Spaces
- 1,682 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Workshop
- Utility Room
- Attic
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Pier
- Water Access
- Property near a bay
- Electric Hoist or Boat Lift
- Manual Hoist or Boat Lift
- 3 Dock Slips
- Physical Dock Slip Conveys
- 3 Powered Boats Permitted
- 3 Non-Powered Boats Permitted
- Deck
Schools
- Mayo Elementary School
- Central Middle School
- South River High School
Utilities
- Central Air
- Heating System Uses Oil
- Heat Pump System
- Well
- Electric Water Heater
- Water Conditioner is Owned
- Water Conditioner
- Public Septic
Community Details
- No Home Owners Association
- Shoreham Beach Subdivision
Listing and Financial Details
- Tax Lot 17A
- Assessor Parcel Number 020188704494700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2018
Closed on
Nov 19, 2018
Sold by
Pessagno James M and Pessagno Joan E
Bought by
Raffa Richard and Raffa Melissa
Seller's Agent
Staci Foster
Engel & Völkers Annapolis
Buyer's Agent
Missy Raffa
RE/MAX Realty Group
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,150
Avg. Annual Appreciation
6.99%
Original Mortgage
$450,000
Outstanding Balance
$396,485
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$414,665
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Raffa Richard | $500,000 | Counselors Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Raffa Richard | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2018 11/19/18 | Sold | $500,000 | -15.1% | $297 / Sq Ft |
| 10/17/2018 10/17/18 | Pending | -- | -- | -- |
| 10/06/2018 10/06/18 | Price Changed | $589,000 | -1.7% | $350 / Sq Ft |
| 09/28/2018 09/28/18 | For Sale | $599,000 | -- | $356 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,436 | $700,633 | -- | -- |
| 2024 | $7,436 | $633,167 | -- | -- |
| 2023 | $6,651 | $565,700 | $378,600 | $187,100 |
| 2022 | $6,212 | $553,267 | $0 | $0 |
| 2020 | $5,914 | $528,400 | $378,600 | $149,800 |
| 2019 | $5,920 | $528,400 | $378,600 | $149,800 |
| 2018 | $5,358 | $528,400 | $378,600 | $149,800 |
| 2017 | $4,614 | $579,700 | $0 | $0 |
| 2016 | -- | $579,700 | $0 | $0 |
| 2015 | -- | $579,700 | $0 | $0 |
| 2014 | -- | $606,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Staci Foster
-
Missy Raffa
Buyer's Agent in 2018
Missy Raffa
Remax Realty Group
(301) 526-3745
1 in this area
107 Total Sales
Map
Source: Bright MLS
MLS Number: 1007538008
APN: 01-887-04494700
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