NOT LISTED FOR SALE

1502 Wakefield Rd Edgewater, MD 21037

Estimated Value: $629,000 - $728,000

3 Beds
2 Baths
2,261 Sq Ft
$299/Sq Ft Est. Value

Last Sold February 02, 2023

Last sale price $565,000 $250 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,009/month

61 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Access to Tidal Water
  • Open Floorplan
  • South River High School Rated A
  • In Ground Pool
  • Creek or Stream View

About This Home

As of February 2023

Located on a double lot, this gorgeous rancher home offers many features. This home has been completely remodeled in 2018 and is completely move in ready! Should the water be calling, this home sits on Big Pond that opens onto the Chesapeake Bay offering beautiful views of the water out of the kitchen and sunroom. This lovely home boasts 3 bedrooms and 2 full baths. Upon entering the home you will be greeted by a sunlight filled family room that opens in the dining and kitchen area. In the winter a wood burning fireplace in the living area will provide warmth and ambiance. Just off the open kitchen/living/dining space you will find a sunroom doubling the living space in the home. Every inch of this home has been renovated to the new hardwood floors to both of the updated bathrooms.

The exterior of this home is what sets the home apart - this gem has two separate decks, a beautiful pool the owners renovated in 2018, and of course the water views. Only a few blocks away you can find the neighborhood amenities (beach and playground). Bring you stand up paddle board, bathing suit, and fishing pole - come make this house your home!

**Seller no longer offering seller credit due to price reduction**

Last Agent to Sell the Property

Kristen Boyer

(443) 685-4043 kristen.boyer2@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #680858 Listed on: 10/06/2022

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Lizzy Conroy

(202) 441-3630 lizzy@serhant.com Serhant License #0225193040

Serhant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,791

Year Built

  • Built in 1964 | Remodeled in 2018

Lot Details

  • 0.55 Acre Lot
  • 70 Feet of Waterfront
  • Wood Fence
  • Level Lot
  • Open Lot
  • Back and Front Yard
  • Property is zoned R2

HOA Fees

  • $3 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Wood Burning Fireplace
  • Stone Fireplace
  • Fireplace Mantel
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Creek or Stream Views

Kitchen

  • Stove
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Sump Pump

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Gravel Driveway

Pool

  • In Ground Pool
  • Vinyl Pool
  • Poolside Lot
  • Fence Around Pool

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Stream or River on Lot
  • Deck
  • Patio
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Flood Risk

Community Details

  • Saunders Point Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 020172501369100

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,791

Year Built

Built in 1964 | Remodeled in 2018

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-10-07
  • Federal Flood Zone: Yes
  • Year Built: 1964
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Freezer, Refrigerator, Stove, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Built-Ins, Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Pantry, Primary Bath(s), Upgraded Countertops, Wood Floors
  • Fireplace Features: Wood, Mantel(s), Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Interior Access, Outside Entrance, Poured Concrete, Sump Pump, Unfinished
  • Laundry Type: Main Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2656
  • Living Area Sq Ft: 2261
  • Price Per Sq Ft: 312.97
  • Above Grade Finished Sq Ft: 1866
  • Below Grade Finished Sq Ft: 395
  • Below Grade Sq Ft: 395
  • Total Below Grade Sq Ft: 790
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Gutter System, Sidewalks
  • Pool Features: Fenced, In Ground, Vinyl
  • View: Creek/Stream
  • Water Access Features: Canoe/Kayak, Private Access
  • Water Access: Yes
  • Water Body Name: Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 70

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 40.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • 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: MAYO
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Wood
  • Improvement Assessed Value: 183500.00
  • Land Assessed Value: 257000.00
  • Lot Features: Poolside, Front Yard, Level, Open, Rear Yard, Stream/Creek
  • Lot Size Acres: 0.55
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24070.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15160254
  • Tax Annual Amount: 4791.00
  • Assessor Parcel Number: 020172501369100
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Federal Flood Zone: Zone AE

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Feb 1, 2023
Sold by
Bierley Molly E
Bought by
Briscoe Cathleen Linneman
Seller's Agent
Kristen Boyer
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lizzy Conroy
Serhant
List Price
$625,000
Sold Price
$565,000
Premium/Discount to List
-$60,000
-9.6%
Views
85
Current Estimated Value
$674,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,923
Avg. Annual Appreciation
6.28%
Original Mortgage
$536,750
Outstanding Balance
$515,456
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$159,467

Purchase Details

Listed on
Mar 8, 2018
Closed on
Apr 13, 2018
Sold by
Vintage Homes Llc
Bought by
Bierley Molly E and Bierley Matthew A
Seller's Agent
James Fegan
RE/MAX Executive
Buyer's Agent
James Fegan
RE/MAX Executive
List Price
$459,900
Sold Price
$450,000
Premium/Discount to List
-$9,900
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$427,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2000
Sold by
Harms Lawrence
Bought by
Slattery Terrance C and Slattery Margaret
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Briscoe Cathleen Linneman $565,000 --
Bierley Molly E $450,000 Capitol Title Ins Agency
Slattery Terrance C $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Briscoe Cathleen Linneman $536,750
Previous Owner Bierley Molly E $427,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2023 02/02/23 Sold $565,000 -3.3% $250 / Sq Ft
12/09/2022 12/09/22 Price Changed $584,000 -2.5% $258 / Sq Ft
11/10/2022 11/10/22 Price Changed $599,000 -3.4% $265 / Sq Ft
11/02/2022 11/02/22 Price Changed $620,000 -0.8% $274 / Sq Ft
10/20/2022 10/20/22 For Sale $625,000 +10.6% $276 / Sq Ft
10/06/2022 10/06/22 Off Market $565,000 -- --
04/13/2018 04/13/18 Sold $450,000 -2.2% $241 / Sq Ft View Prior Sale
03/23/2018 03/23/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $459,900 +130.0% $246 / Sq Ft
08/18/2017 08/18/17 Sold $200,000 -27.3% $107 / Sq Ft View Prior Sale
07/19/2017 07/19/17 Pending -- -- --
07/12/2017 07/12/17 Price Changed $274,950 -8.3% $147 / Sq Ft
06/09/2017 06/09/17 For Sale $299,950 -- $161 / 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 $5,722 $512,900 -- --
2024 $5,722 $476,700 $0 $0
2023 $5,284 $440,500 $257,000 $183,500
2022 $4,880 $425,833 $0 $0
2020 $4,535 $396,500 $251,500 $145,000
2019 $4,233 $367,300 $0 $0
2018 $3,428 $338,100 $0 $0
2017 $2,810 $308,900 $0 $0
2016 -- $302,467 $0 $0
2015 -- $296,033 $0 $0
2014 -- $289,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2046272

Bright MLS

APN: 01-725-01369100