NOT LISTED FOR SALE

151 Edgewater Dr Edgewater, MD 21037

Estimated Value: $1,496,000 - $1,715,000

4 Beds
2.5 Baths
2,700 Sq Ft
$588/Sq Ft Est. Value

Last Sold November 15, 2016

Last sale price $955,000 $354 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $9,449/month

12 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 4 Dock Slips
  • 0.36 Acre Lot
  • South River High School Rated A
  • Pier
  • Craftsman Architecture

About This Home

As of November 2016

This beautifully remodeled Craftsman offers spectacular water views, a gorgeous open floor plan main level, high-end gourmet kitchen, main level master bedroom, an awesome dock with multiple slips and so much more! This is a bank-approved short sale at list price...quick close is possible!

Last Agent to Sell the Property

Joseph Wallman

(410) 253-9267 realtorjoewallman@gmail.com Coldwell Banker Realty License #0225232336 Listed on: 07/25/2016

Coldwell Banker Realty

Co-Listed By

Milissa Alonso

(301) 672-3687 milissa.alonso@cbmove.com Coldwell Banker Realty License #0225259534

Last Buyer's Agent

Joseph Bray

(410) 703-3403 joe@waterfronthomes.org TTR Sotheby's International Realty License #643757

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,541

Year Built

  • Built in 1930 | Remodeled in 2008

Lot Details

  • 0.36 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned R2

Parking

  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Composite Building Materials

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Combination Dining and Living Room
  • Water Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Pier
  • Water Access
  • River Nearby
  • Electric Hoist or Boat Lift
  • 4 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Stream or River on Lot
  • 3 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Well
  • Bottled Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Edgewater Beach Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 020124005917800

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,541

Year Built

Built in 1930 | Remodeled in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1930
  • Year Renovated: 2008
  • Special Features: 4108
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Dining/Living
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 381.48
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Composition
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: SOUTH RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 264500.00
  • Land Assessed Value: 697200.00
  • Lot Size Acres: 0.36
  • Lot Size Area: 15800
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15800.00
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15157455
  • Tax Annual Amount: 8541.08
  • Assessor Parcel Number: 020124005917800
  • Tax Lot: 18
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • 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

Closed on
Dec 15, 2020
Sold by
Mckenna Martin and Mckenna Alyssa
Bought by
Mckenna Martin Kalani and Mckenna Alyssa Panagiotis
Current Estimated Value
$1,586,891

Purchase Details

Listed on
Jul 25, 2016
Closed on
Oct 28, 2016
Sold by
Tsiamis Arthur I and Tsiamis Valerie Jill
Bought by
Tsiamis Arthur I and Tsiamis Valerie J
Seller's Agent
Joseph Wallman
Coldwell Banker Realty
Buyer's Agent
Joseph Bray
TTR Sotheby's International Realty
List Price
$1,030,000
Sold Price
$955,000
Premium/Discount to List
-$75,000
-7.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$650,000
Outstanding Balance
$521,837
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$1,065,054

Purchase Details

Closed on
Mar 14, 2007
Sold by
Tsiamis Arthur I
Bought by
Tsiamis Arthur I and Tsiamis Valarie J

Purchase Details

Closed on
Feb 5, 2007
Sold by
Tsiamis Arthur I
Bought by
Tsiamis Arthur I and Tsiamis Valarie J

Purchase Details

Closed on
Sep 16, 2005
Sold by
Hart Hinley and Hart Robbins
Bought by
Barkett Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.67%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 22, 2005
Sold by
Golden Timothy A
Bought by
Tsiamis Arthur I and Tsiamis Valerie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.67%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 2, 1999
Sold by
Crump Mamie E
Bought by
Golden Timothy A and Golden Cheryl A
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
Mckenna Martin Kalani -- None Available
Tsiamis Arthur I -- Attorney
Mckenna Martin $955,000 None Available
Tsiamis Arthur I -- --
Tsiamis Arthur I -- --
Barkett Richard A $877,500 --
Tsiamis Arthur I $1,360,000 --
Golden Timothy A $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckenna Martin $650,000
Previous Owner Tsiamis Arthur I $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2016 11/15/16 Sold $955,000 -7.3% $354 / Sq Ft
08/06/2016 08/06/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $1,030,000 +7.9% $381 / Sq Ft
07/26/2016 07/26/16 Off Market $955,000 -- --
07/25/2016 07/25/16 For Sale $1,030,000 -- $381 / 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 $13,623 $1,279,067 -- --
2024 $13,623 $1,227,633 $0 $0
2023 $13,273 $1,176,200 $894,600 $281,600
2022 $12,145 $1,162,200 $0 $0
2021 $24,455 $1,148,200 $0 $0
2020 $11,975 $1,134,200 $894,600 $239,600
2019 $23,441 $1,076,700 $0 $0
2018 $10,335 $1,019,200 $0 $0
2017 $17,266 $961,700 $0 $0
2016 -- $879,067 $0 $0
2015 -- $796,433 $0 $0
2014 -- $713,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002463328

Bright MLS

APN: 01-240-05917800