131 Wallace Manor Rd Edgewater, MD 21037
Parole Neighborhood
4
Beds
3
Baths
3,788
Sq Ft
1.85
Acres
Highlights
- 366 Feet of Waterfront
- Private Dock Site
- River View
- Central Middle School Rated A-
- Fishing Allowed
- 1.85 Acre Lot
About This Home
As of January 2025WATERFRONT home nestled on nearly two acres and over 300 feet of pristine water frontage along the Gingerville Creek! This property is more than just a home—it's a retreat where every day feels like a vacation! As you approach this tranquil residence, extensive hardscaping and elegant outdoor lighting greet you, creating a warm and welcoming ambiance. The beautifully landscaped grounds, enhanced by an irrigation system, provide a picturesque setting for family gatherings or peaceful moments enjoying nature. Step inside to discover a thoughtfully designed layout that seamlessly blends comfort and style. The main level features a spacious primary en-suite, spa like bathroom beautifully tiled with dual vanity sink and dressing table, heated floors, walk-in glass shower, and incredible walk-in closet...complete with private access to a screened porch—a perfect spot to unwind with a good book or enjoy your morning coffee while soaking in the stunning views. Two cozy fireplaces add to the inviting atmosphere, providing warmth and charm during cooler evenings.
The gourmet eat-in kitchen is a chef’s delight, showcasing a large island, stainless steel appliances, and expansive windows that flood the space with natural light. Glass doors lead to a rear deck overlooking the tranquil waters, perfect for outdoor dining and entertaining. The spacious living area flows effortlessly into additional recreational space on the lower walkout level, where you’ll find two more bedrooms, a laundry center, and a full bath with a luxurious steam shower. Venture outside to your own personal paradise. The screened porch is ideal for watching your favorite games, while the fire-pit invites you to gather under the stars, sharing stories and laughter with loved ones. Stroll through the terraced gardens, each step revealing the beauty of nature surrounding you. For boating enthusiasts, a covered slip with a 20,000 lb boat lift awaits just steps from your door, offering quick access to the South River, Chesapeake Bay, and beyond. Your adventures on the water are only a moment away! Privacy and serenity are paramount here, making it the perfect escape from the hustle and bustle of daily life. Additionally, a detached 720 sq. ft. garage provides a separate entrance to an upper area that can be transformed into an in-law suite, home office, gym studio, or game room—let your imagination guide you! Situated in close proximity to Historic Annapolis, you’ll enjoy the best of both worlds: a peaceful retreat with easy access to vibrant city life. Excellent location for commuting with easy access to Rt 50 and 97, tons of shopping options, restaurants, doctors/medical offices, the library, county parks and South River blue ribbon schools! Come experience this waterfront oasis on Gingerville Creek and make it your new home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,176
Year Built
- Built in 1964 | Remodeled in 2019
Lot Details
- 1.85 Acre Lot
- 366 Feet of Waterfront
- Home fronts navigable water
- Creek or Stream
- Landscaped
- Extensive Hardscape
- No Through Street
- Private Lot
- Sprinkler System
- Wooded Lot
- Property is in excellent condition
- Property is zoned R1
Parking
- 2 Car Detached Garage
- Parking Storage or Cabinetry
- Driveway
Property Views
- River
- Woods
Home Design
- Raised Ranch Architecture
- Slab Foundation
- Frame Construction
Interior Spaces
- 3,788 Sq Ft Home
- Property has 2 Levels
- 2 Fireplaces
- Stone Fireplace
- Laundry on lower level
Bedrooms and Bathrooms
Outdoor Features
- Canoe or Kayak Water Access
- Private Dock Site
- Stream or River on Lot
- Deck
- Enclosed Patio or Porch
- Exterior Lighting
- Office or Studio
Schools
- Edgewater Elementary School
- Central Middle School
- South River High School
Utilities
- Central Air
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 020288502457050
Community Details
Overview
- No Home Owners Association
- Wallace Manor Subdivision
Recreation
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2024
Closed on
Jan 2, 2025
Sold by
Ring Timothy J and Ring Jeanne P
Bought by
Bbwi Llc
Seller's Agent
Julie Knott
Lofgren-Sargent Real Estate
Buyer's Agent
Kelly Maloney Laye
Lofgren-Sargent Real Estate
List Price
$1,900,000
Sold Price
$1,805,000
Premium/Discount to List
-$95,000
-5%
Views
91
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
$8,165
Avg. Annual Appreciation
0.70%
Purchase Details
Closed on
Nov 22, 1998
Sold by
Daniel Robert D
Bought by
Ring Timothy J and Ring Jeanne P
Similar Homes in Edgewater, MD
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,805,000 | Freestate Title Services | |
| Deed | $427,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $277,500 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/02/2025 01/02/25 | Sold | $1,805,000 | -5.0% | $477 / Sq Ft |
| 11/07/2024 11/07/24 | For Sale | $1,900,000 | -- | $502 / 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 | $8,340 | $1,124,767 | -- | -- |
| 2024 | $8,340 | $1,077,233 | $0 | $0 |
| 2023 | $8,110 | $1,029,700 | $693,500 | $336,200 |
| 2022 | $10,604 | $1,014,733 | $0 | $0 |
| 2021 | $14,974 | $999,767 | $0 | $0 |
| 2020 | $7,318 | $984,800 | $668,500 | $316,300 |
| 2019 | $14,422 | $984,800 | $668,500 | $316,300 |
| 2018 | $9,986 | $984,800 | $668,500 | $316,300 |
| 2017 | $6,786 | $1,002,700 | $0 | $0 |
| 2016 | -- | $1,002,700 | $0 | $0 |
| 2015 | -- | $1,002,700 | $0 | $0 |
| 2014 | -- | $1,055,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Knott
Seller's Agent in 2025
Julie Knott
Lofgren-Sargent Real Estate
(443) 857-9161
1 in this area
8 Total Sales
-
Kelly Maloney Laye
K
Buyer's Agent in 2025
Kelly Maloney Laye
Lofgren-Sargent Real Estate
(443) 871-2160
1 in this area
5 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2097292
APN: 02-885-02457050
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