$425,000
SOLD DEC 19, 2024

1409 Olive St Edgewater, MD 21037

0.4 Acre
$1,062,500 Price per Acre
17,424 Sq Ft Lot

Recently Sold

$320 Per Sq Ft

23% Below List Price

78 Days on Market

Highlights

  • Bay View
  • Corner Lot
  • Front and Side Yard
  • Central Middle School Rated A-
  • No HOA

About This Lot

As of December 2024

Embrace the endless possibilities with this nearly half-acre lot in the charming Shoreham Beach community. Currently featuring a teardown property and detached garage, this prime location offers picturesque views of both the Chesapeake Bay and Ramsey Lake. Enjoy an idyllic coastal lifestyle with access to a 1-mile-long private beach, a community pier for fishing and crabbing, and water access for kayaking and watersports. The large subdividable lot (PARTIAL SUBDIVISION OF TWO LOTS) provides ample opportunities to create your dream home in this tranquil, private setting. Conveniently located, Shoreham Beach is about 15-20 minutes from I-95, providing straightforward access to Baltimore and Washington, D.C., while nearby Pasadena and Glen Burnie offer shopping, dining, and additional recreational opportunities.

Last Agent to Sell the Property

Bob Lucido

Keller Williams Lucido Agency License #4037 Listed on: 09/19/2024

Keller Williams Lucido Agency

Co-Listed By

Heidi Thomas

Atlantic Shores Sotheby's International Realty

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,190

Lot Details

  • 0.4 Acre Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Front and Side Yard
  • Able to be subdivided into 2 lots

Schools

  • Mayo Elementary School
  • Central Middle School
  • South River High School

Additional Features

  • Bay Views
  • Well

Community Details

  • No Home Owners Association
  • Shoreham Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020174902096605

Property Details

Property Type

Land

Est. Annual Taxes

$3,190

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Automatically Close On Close Date: No
  • Remarks Public: Embrace the endless possibilities with this nearly half-acre lot in the charming Shoreham Beach community. Currently featuring a teardown property and detached garage, this prime location offers picturesque views of both the Chesapeake Bay and Ramsey Lake. Enjoy an idyllic coastal lifestyle with access to a 1-mile-long private beach, a community pier for fishing and crabbing, and water access for kayaking and watersports. The large subdividable lot (PARTIAL SUBDIVISION OF TWO LOTS) provides ample opportunities to create your dream home in this tranquil, private setting. Conveniently located, Shoreham Beach is about 15-20 minutes from I-95, providing straightforward access to Baltimore and Washington, D.C., while nearby Pasadena and Glen Burnie offer shopping, dining, and additional recreational opportunities.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 29.79
  • Street Number Modifier: 1409

Exterior Features

  • Construction Completed: No
  • View: Water, Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: MAYO
  • Middle School: CENTRAL
  • High School: SOUTH RIVER
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140671932
  • School District Source: 3rd Party
  • Elementary School: MAYO
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: Able to be subdivided into 2 lots
  • Lot Features: Cleared, Front Yard, Level, Sideyard(s)
  • Lot Size Acres: 0.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17625.00
  • Zoning: RES
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3190.00
  • Assessor Parcel Number: 020174902096605
  • Tax Year: 2024
  • Close Date: 12/19/2024

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Dec 19, 2024
Sold by
Stuart Douglas G and Stuart Cathleen
Bought by
Clark Jami and Clark Morris
Seller's Agent
Bob Lucido
Keller Williams Lucido Agency
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$550,000
Sold Price
$425,000
Premium/Discount to List
-$125,000
-22.73%
Views
39
Current Estimated Value
$434,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,920
Avg. Annual Appreciation
3.24%

Purchase Details

Closed on
Apr 19, 2013
Sold by
The Digiulian Family Trust
Bought by
Stuart Douglas G and Stuart Catherine

Purchase Details

Closed on
Aug 21, 2012
Sold by
Digiulian Rita
Bought by
Digiulian Robert G and Digiuilan Nicholas
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $425,000 Lakeside Title
Deed $425,000 Lakeside Title
Deed $150,000 Home First Title Group Llc
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $425,000 -19.0% $320 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
11/13/2024 11/13/24 Price Changed $525,000 +1.0% $395 / Sq Ft
11/11/2024 11/11/24 Price Changed $520,000 -5.5% $392 / Sq Ft
09/19/2024 09/19/24 For Sale $550,000 -- $414 / 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 $3,475 $281,200 -- --
2024 $3,475 $256,600 $0 $0
2023 $3,152 $232,000 $225,600 $6,400
2022 $3,030 $231,167 $0 $0
2021 $3,021 $230,333 $0 $0
2020 $3,015 $229,500 $225,600 $3,900
2019 $2,827 $211,333 $0 $0
2018 $1,959 $193,167 $0 $0
2017 $2,393 $175,000 $0 $0
2016 -- $166,467 $0 $0
2015 -- $157,933 $0 $0
2014 -- $149,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2094886

Bright MLS

APN: 01-749-02096605