NOT LISTED FOR SALE

131 Wallace Manor Rd Edgewater, MD 21037

Parole Neighborhood

Estimated Value: $1,739,000 - $1,869,000

4 Beds
3 Baths
3,788 Sq Ft
$477/Sq Ft Est. Value

Last Sold January 02, 2025

Last sale price $1,805,000 $477 Per Sq Ft

Current estimated payment $10,138/month

10 Days on Market

Highlights

  • 366 Feet of Waterfront
  • Private Dock Site
  • River View
  • South River High School Rated A
  • Fishing Allowed
  • 1.85 Acre Lot

About This Home

As of January 2025

WATERFRONT 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!

Last Agent to Sell the Property

Julie Knott

(443) 857-9161 julie@slsrealtors.com Lofgren-Sargent Real Estate Listed on: 11/07/2024

Last Buyer's Agent

Kelly Maloney Laye

(443) 871-2160 kelly@slsrealtors.com Lofgren-Sargent Real Estate License #677717

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,176

Year Built

Built in 1964 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2024-11-07
  • Year Built: 1964
  • Year Renovated: 2019
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Slab, Other
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 3788
  • Living Area Sq Ft: 3788
  • Price Per Sq Ft: 501.58
  • Above Grade Finished Sq Ft: 3788
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Office/Studio
  • Construction Materials: Frame
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Underground Lawn Sprinkler
  • View: River, Trees/Woods, Water
  • Water Access Features: Canoe/Kayak, Fishing Allowed
  • Water Access: Yes
  • Water Body Name: Gingerville Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 366

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: EDGEWATER
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaping, No Thru Street, Private, Trees/Wooded
  • Lot Size Acres: 1.85
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 80586.00
  • Outdoor Living Structures: Deck(s), Enclosed, Porch(es), Screened
  • Property Condition: Excellent
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12176.00
  • Assessor Parcel Number: 020288502457050
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

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
$1,807,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,687
Avg. Annual Appreciation
0.15%

Purchase Details

Closed on
Nov 22, 1998
Sold by
Daniel Robert D
Bought by
Ring Timothy J and Ring Jeanne P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Bbwi Llc $1,805,000 Freestate Title Services
Ring Timothy J $427,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $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

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Map

Source: Bright MLS

MLS Number: MDAA2097292

Bright MLS

APN: 02-885-02457050