NOT LISTED FOR SALE

1501 Riverside Dr Edgewater, MD 21037

Estimated Value: $657,000 - $749,000

4 Beds
2 Baths
2,071 Sq Ft
$338/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $539,900 $261 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,207/month

30 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Boat Ramp
  • Home fronts navigable water
  • Central Middle School Rated A-
  • Beach
  • Private Water Access

About This Home

As of June 2020

WATER VIEW! Beautiful water views are abundant from this lovely recently renovated two story home. Londontown is a wonderful water oriented community with several private beaches, private docks, numerous playgrounds and boat ramps. Being minutes away from Annapolis, D.C. and the Eastern shore make this home extremely desirable. A private beach is just steps from your home!The owners have meticulously updated the interior to include all baths, added Viking appliances and granite to the kitchen and modernized the walk in closets and pantry. A new roof and skylight have recently been installed taking that worry away from your future. This home is ready for it's new owner and is available for immediate settlement.

Last Agent to Sell the Property

Patrick Morrissette

(301) 785-5535 pat.morrissette@c21nm.com CENTURY 21 New Millennium Listed on: 03/15/2020

CENTURY 21 New Millennium

Last Buyer's Agent

Michele Hagan

(410) 271-3455 michele@michelehagan.com CENTURY 21 New Millennium

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,616

Year Built

  • Built in 1940 | Remodeled in 2019

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts navigable water
  • Property is zoned R5

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,071 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Skylights
  • Dining Area
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Private Water Access
  • River Nearby
  • Swimming Allowed
  • Lake Privileges

Schools

  • Central Middle School
  • South River High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Well
  • Water Heater

Listing and Financial Details

  • Tax Lot 4472
  • Assessor Parcel Number 020190401732700

Community Details

Overview

  • No Home Owners Association
  • Londontown Subdivision

Amenities

  • Picnic Area
  • Community Center

Recreation

  • Boat Ramp
  • Pier or Dock
  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,616

Year Built

Built in 1940 | Remodeled in 2019

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1940
  • Year Renovated: 2019
  • Remarks Public: WATER VIEW! Beautiful water views are abundant from this lovely recently renovated two story home. Londontown is a wonderful water oriented community with several private beaches, private docks, numerous playgrounds and boat ramps. Being minutes away from Annapolis, D.C. and the Eastern shore make this home extremely desirable. A private beach is just steps from your home!The owners have meticulously updated the interior to include all baths, added Viking appliances and granite to the kitchen and modernized the walk in closets and pantry. A new roof and skylight have recently been installed taking that worry away from your future. This home is ready for it's new owner and is available for immediate settlement.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Island, Kitchen - Table Space, Primary Bedroom - Bay Front, Pantry, Skylight(s), Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Levels Count: 2
  • Room List: Bedroom 1, Bathroom 1
  • Basement: No
  • Total Sq Ft: 2071
  • Living Area Sq Ft: 2071
  • Price Per Sq Ft: 260.70
  • Above Grade Finished Sq Ft: 2071
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1501

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access Features: Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: South River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Community Center, Picnic Area, Pier/Dock, Tot Lots/Playground, Water/Lake Privileges
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Middle School: CENTRAL
  • High School: SOUTH RIVER
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140671932
  • School District Source: Listing Agent
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Lot Info

  • Land Use Code: 011
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Year Assessed: 2020
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4616.00
  • Assessor Parcel Number: 020190401732700
  • Tax Lot: 4472
  • Tax Total Finished Sq Ft: 2071
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 06/26/2020

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2020
Closed on
Jun 26, 2020
Sold by
Stacey Leon F
Bought by
Moretti Mario H and Alfaro Moretti Michelle
Seller's Agent
Patrick Morrissette
CENTURY 21 New Millennium
Buyer's Agent
Michele Hagan
CENTURY 21 New Millennium
List Price
$539,900
Sold Price
$539,900
Current Estimated Value
$699,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,420
Avg. Annual Appreciation
4.98%
Original Mortgage
$521,367
Outstanding Balance
$463,172
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$236,148

Purchase Details

Listed on
Apr 6, 2014
Closed on
May 23, 2014
Sold by
Butler Patricia N
Bought by
Stacey Leon F
Seller's Agent
Steven Marshall
TriVesta Realty Group, LLC.
Buyer's Agent
Patrick Morrissette
CENTURY 21 New Millennium
List Price
$429,000
Sold Price
$429,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$343,200
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2010
Sold by
Butler George E
Bought by
Butler Patricia N

Purchase Details

Closed on
May 25, 1990
Sold by
Cox Walter O
Bought by
Butler George E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,110
Interest Rate
10.33%
Source: Public Records

Range of Values:

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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
Moretti Mario H $539,900 Lakeside Title Company
Stacey Leon F $429,000 First American Title Ins Co
Butler Patricia N -- --
Butler George E $137,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moretti Mario H $521,367
Previous Owner Stacey Leon F $343,200
Previous Owner Butler George E $124,110
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2020 06/26/20 Sold $539,900 0.0% $261 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
03/15/2020 03/15/20 For Sale $539,900 +25.9% $261 / Sq Ft
05/23/2014 05/23/14 Sold $429,000 0.0% $207 / Sq Ft View Prior Sale
04/15/2014 04/15/14 Pending -- -- --
04/06/2014 04/06/14 For Sale $429,000 -- $207 / 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 $6,119 $550,533 -- --
2024 $6,119 $519,767 $0 $0
2023 $5,947 $489,000 $313,500 $175,500
2022 $5,575 $474,300 $0 $0
2021 $10,946 $459,600 $0 $0
2020 $4,541 $444,900 $287,000 $157,900
2019 $4,428 $412,500 $0 $0
2018 $3,854 $380,100 $0 $0
2017 $4,095 $347,700 $0 $0
2016 -- $340,033 $0 $0
2015 -- $332,367 $0 $0
2014 -- $324,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA428840

Bright MLS

APN: 01-904-01732700