D
Seller's Agent in 2023
Donald Bobrow
Exit Landmark Realty
(301) 868-0500
2 in this area
12 Total Sales
1222 Daves Rd Edgewater, MD 21037
Estimated Value: $483,000 - $588,000
3
Beds
2
Baths
1,428
Sq Ft
$365/Sq Ft
Est. Value
Highlights
- 30 Feet of Waterfront
- 2 Dock Slips
- Rambler Architecture
- Central Middle School Rated A-
- 0.74 Acre Lot
- 2 Fireplaces
About This Home
As of January 2023This waterfront property has just been professionally appraised for $ 630,000 & is now being offered at $ 599,950 which makes this a terrific buy. Great location with tons of potential. The property is being sold in "As-Is" condition. The existing home could be a total renovation-it has good "bones" but needs some real updating, modernizing and corrections. The garage also needs to be re-done but is a good size and has an attached carport, is heated and has an upstairs. The other alternative is to raze the home and build a new home. This is a large (32,234 sq.ft) lot. There is water view from the existing home and the path that is staked out located at the back left rear of the property will take you the slips and the creek. THIS STAKED PATH IS PART OF THE DEED!! IT IS NOT AN EASEMENT OR RIGHT OF WAY!! The piers also need renovation as does the shoreline. The owner has 2 current pier permits to get the piers in first class shape. As you can see from the boats that are located in the creek, the water is navigable & leads to the West River. Use your imagination to envision what an extraordinary waterfront home and property this could be! Settlement to be at Capitol Title.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,958
Year Built
- Built in 1961
Lot Details
- 0.74 Acre Lot
- 30 Feet of Waterfront
- Home fronts navigable water
- Creek or Stream
- Property is zoned R5
Parking
- 2 Car Detached Garage
- 1 Detached Carport Space
- Front Facing Garage
Home Design
- Rambler Architecture
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- Property has 2 Levels
- 2 Fireplaces
- Water Views
Kitchen
- Built-In Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Improved Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Outdoor Features
- Water Access
- 2 Dock Slips
- Physical Dock Slip Conveys
- Powered Boats Permitted
- Gazebo
Location
- Property is near a creek
Schools
- Mayo Elementary School
- Central Middle School
- South River High School
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
- Hot Water Baseboard Heater
- Well
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 020106790024538
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2022
Closed on
Jan 17, 2023
Sold by
Romanek Stanley J
Bought by
Krogel Patrick J and Krogel Ashley K
Seller's Agent
Donald Bobrow
Exit Landmark Realty
Buyer's Agent
Steven Knopf
Engel & Völkers Annapolis
List Price
$725,000
Sold Price
$450,000
Premium/Discount to List
-$275,000
-37.93%
Views
64
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
$70,923
Avg. Annual Appreciation
6.26%
Original Mortgage
$427,500
Outstanding Balance
$411,122
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$116,517
Purchase Details
Closed on
Feb 9, 2009
Sold by
Romanek Stanley J
Bought by
Romanek Stanley J
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 |
|---|---|---|---|
| Krogel Patrick J | $450,000 | Capitol Title | |
| Romanek Stanley J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Krogel Patrick J | $427,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2023 01/17/23 | Sold | $450,000 | -25.0% | $315 / Sq Ft |
| 12/19/2022 12/19/22 | Pending | -- | -- | -- |
| 11/04/2022 11/04/22 | Price Changed | $599,950 | -4.8% | $420 / Sq Ft |
| 10/15/2022 10/15/22 | Price Changed | $630,000 | -13.1% | $441 / Sq Ft |
| 09/09/2022 09/09/22 | For Sale | $725,000 | -- | $508 / 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 | $4,485 | $379,767 | -- | -- |
| 2024 | $4,485 | $367,933 | $0 | $0 |
| 2023 | $4,362 | $356,100 | $214,000 | $142,100 |
| 2022 | $2,832 | $346,100 | $0 | $0 |
| 2021 | $5,563 | $336,100 | $0 | $0 |
| 2020 | $2,690 | $326,100 | $214,000 | $112,100 |
| 2019 | $2,647 | $319,367 | $0 | $0 |
| 2018 | $3,170 | $312,633 | $0 | $0 |
| 2017 | $2,499 | $305,900 | $0 | $0 |
| 2016 | -- | $299,033 | $0 | $0 |
| 2015 | -- | $292,167 | $0 | $0 |
| 2014 | -- | $285,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Donald Bobrow
-
Steven Knopf
Buyer's Agent in 2023
Steven Knopf
Engel & Völkers Annapolis
(443) 995-5805
2 in this area
105 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2044624
APN: 01-067-90024538
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