NOT LISTED FOR SALE

1502 Arundel Rd Edgewater, MD 21037

Estimated Value: $530,000 - $654,000

4 Beds
3.5 Baths
2,400 Sq Ft
$250/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $280,875 $117 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,550/month

Highlights

  • 5 Boat Docks
  • Home fronts navigable water
  • In Ground Pool
  • Central Middle School Rated A-
  • Water Access
  • River View

About This Home

As of February 2013

This property is to be placed in an upcoming auction. All bids should be submitted on auction website (void where prohibited). All auction properties are subject to a 5% buyers premium pursuant to the Auction Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. This is a bid start price

Last Agent to Sell the Property

Luciano Gargano

(410) 647-4800 lgargano56@gmail.com Chesapeake Realty Group License #305620 Listed on: 04/20/2012

Last Buyer's Agent

Julie Katcef

(410) 320-7705 julie.katcef@engelvoelkers.com Engel & Völkers Annapolis License #641296

Engel & Völkers Annapolis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,831

Year Built

  • Built in 1994

Lot Details

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

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • River Views
  • Crawl Space
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • In Ground Pool
  • Water Access
  • 5 Boat Docks
  • 3 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted
  • Balcony

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Woodland Beach Subdivision

Listing and Financial Details

  • Tax Lot 4187
  • Assessor Parcel Number 020190400005600

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,831

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1994
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Floor Plan - Traditional
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Dock Type: Multiple Slip
  • Construction Completed: No
  • Pool Features: In Ground
  • Roof: Asphalt
  • View: Water, River
  • Water Access: Yes
  • Water Body Name: SOUTH RIVER
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 315.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 198990.00
  • Land Assessed Value: 145000.00
  • Lot Size Acres: 0.14
  • Lot Size Area: 6000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Outdoor Living Structures: Balcony
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15163407
  • Tax Annual Amount: 3830.58
  • Assessor Parcel Number: 020190400005600
  • Tax Lot: 4187
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2012
Closed on
Feb 28, 2013
Sold by
Studnicky Christopher
Bought by
Horning Glenn and Brackman Katharina
Seller's Agent
Luciano Gargano
Chesapeake Realty Group
Buyer's Agent
Julie Katcef
Engel & Völkers Annapolis
List Price
$350,000
Sold Price
$280,875
Premium/Discount to List
-$69,125
-19.75%
Current Estimated Value
$598,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,051
Avg. Annual Appreciation
6.16%
Original Mortgage
$266,831
Outstanding Balance
$188,296
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$410,630

Purchase Details

Closed on
Nov 4, 2003
Sold by
Dipietro James J
Bought by
Studnicky Christopher

Purchase Details

Closed on
Nov 8, 1991
Sold by
Abellera Dolores
Bought by
Dipietro James J
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 Buyer Sale Price Title Company
Horning Glenn $280,875 Tower Title Corporation
Studnicky Christopher $299,000 --
Dipietro James J $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horning Glenn $266,831
Closed Studnicky Christopher --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $280,875 +124.7% $117 / Sq Ft
12/07/2012 12/07/12 Pending -- -- --
11/14/2012 11/14/12 Price Changed $125,000 -56.9% $52 / Sq Ft
10/15/2012 10/15/12 Price Changed $290,000 -1.7% $121 / Sq Ft
10/11/2012 10/11/12 Price Changed $295,000 -1.6% $123 / Sq Ft
08/03/2012 08/03/12 Price Changed $299,900 -3.3% $125 / Sq Ft
06/29/2012 06/29/12 Price Changed $310,000 -1.6% $129 / Sq Ft
05/29/2012 05/29/12 Price Changed $315,000 -1.6% $131 / Sq Ft
05/09/2012 05/09/12 Price Changed $320,000 -1.5% $133 / Sq Ft
05/02/2012 05/02/12 Price Changed $325,000 -7.1% $135 / Sq Ft
04/20/2012 04/20/12 For Sale $350,000 -- $146 / 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 $4,981 $431,567 -- --
2024 $4,981 $413,033 $0 $0
2023 $4,846 $394,500 $174,500 $220,000
2022 $4,010 $383,733 $0 $0
2021 $8,930 $372,967 $0 $0
2020 $4,347 $362,200 $164,500 $197,700
2019 $4,275 $352,933 $0 $0
2018 $3,485 $343,667 $0 $0
2017 $4,031 $334,400 $0 $0
2016 -- $332,800 $0 $0
2015 -- $331,200 $0 $0
2014 -- $329,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003950718

Bright MLS

APN: 01-904-00005600