NOT LISTED FOR SALE

1547 Lee Way Edgewater, MD 21037

Estimated Value: $683,267 - $775,000

4 Beds
2.5 Baths
2,438 Sq Ft
$300/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $493,000 $202 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,355/month

Highlights

  • Beach
  • Pier or Dock
  • Private Beach
  • Central Middle School Rated A-
  • Home fronts navigable water
  • Private Water Access

About This Home

As of May 2019

Beautiful home in Saunders Point.*1st flr library/5th bedrm* 9 ft ceilings* 2 sty foyer w/Palladium window* Hardwood flrs main level* Kitchen/breakfast area/* Huge fam. room w/gas FP* Step out to the wrap around.(trex) deck,* 1st flr laundry* Master w/super bath(shower&whirlpool tub* 4 ft crawl space w/concrete floor great for storage. Stroll down to the pier, Mayo beach, playground. Blue ribbon Schools!!

Last Agent to Sell the Property

Charlene Bell

(410) 703-8954 Charbell40@aol.com RE/MAX Realty Group License #517358 Listed on: 11/20/2018

RE/MAX Realty Group

Last Buyer's Agent

Meg Maier

(443) 336-7858 meg@megmaier.com RE/MAX One

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,729

Year Built

  • Built in 2006

Lot Details

  • 9,240 Sq Ft Lot
  • Home fronts navigable water
  • Private Beach
  • Corner Lot
  • Property is in very good condition
  • Property is zoned R2

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,438 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Palladian Windows
  • Bay Window
  • Window Screens
  • Family Room Off Kitchen
  • Dining Area
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Instant Hot Water

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Private Water Access
  • Property near a bay
  • Swimming Allowed
  • Deck
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 020172590092949

Community Details

Overview

  • Association fees include common area maintenance, pier/dock maintenance, road maintenance
  • Saunders Point Civic Association
  • Saunders Point Subdivision

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Pier or Dock
  • Beach
  • Community Basketball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,729

Year Built

Built in 2006

Lot Details

0

HOA Fees

$2 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2018-11-20
  • Federal Flood Zone: No
  • Year Built: 2006
  • Remarks Public: Beautiful home in Saunders Point.*1st flr library/5th bedrm* 9 ft ceilings* 2 sty foyer w/Palladium window* Hardwood flrs main level* Kitchen/breakfast area/* Huge fam. room w/gas FP* Step out to the wrap around.(trex) deck,* 1st flr laundry* Master w/super bath(shower&whirlpool tub* 4 ft crawl space w/concrete floor great for storage. Stroll down to the pier, Mayo beach, playground. Blue ribbon Schools!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Exhaust Fan, Instant Hot Water, Oven/Range - Electric, Refrigerator, Washer/Dryer Hookups Only, Water Conditioner - Owned, Water Heater
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s), Pantry, Wood Floors, Walk-In Closet(s), Upgraded Countertops
  • Window Features: Bay/Bow, Palladian, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Media Room
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2438
  • Living Area Sq Ft: 2438
  • Price Per Sq Ft: 200.37
  • Above Grade Finished Sq Ft: 2438
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1547

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Exterior Lighting, Sidewalks, Private Beach, Street Lights
  • Water Access Features: Swimming Allowed, Private Access
  • Water Access: Yes
  • Water Body Name: Chesapeake Beach/ South River
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 20.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Common Grounds, Picnic Area, Pier/Dock, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance, Road Maintenance
  • HOA Name: SAUNDERS POINT CIVIC ASSOCIATION
  • HOA: Yes
  • Senior Community: 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 259300.00
  • Land Assessed Value: 206700.00
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9240.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15160399
  • Tax Annual Amount: 4729.00
  • Assessor Parcel Number: 020172590092949
  • Tax Lot: 8
  • Tax Total Finished Sq Ft: 2438
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 05/31/2019

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2018
Closed on
May 31, 2019
Sold by
Franconia Real Estate Services Inc
Bought by
Osterberger Marc A and Osterberger Jessica L
Seller's Agent
Charlene Bell
RE/MAX Realty Group
Buyer's Agent
Meg Maier
RE/MAX One
List Price
$499,900
Sold Price
$493,000
Premium/Discount to List
-$6,900
-1.38%
Current Estimated Value
$731,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,067
Avg. Annual Appreciation
6.12%
Original Mortgage
$468,350
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2018
Sold by
Comoroskv Mark and Roberts Lauren
Bought by
Franconia Real Estate Servies Inc and Allegiance Government Relocation

Purchase Details

Closed on
Feb 20, 2009
Sold by
U S Financial Capital Inc
Bought by
Comorosky Mark and Roberts Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2005
Sold by
Bruce Gary M
Bought by
U S Financial Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,250
Interest Rate
5.75%
Mortgage Type
Unknown
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
Osterberger Marc A $493,000 Brennan Ttl Co Natl Accounts
Franconia Real Estate Servies Inc $487,500 Brennan Title Co
Comorosky Mark $490,000 --
U S Financial Capital Inc $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osterberger Marc A $468,350
Previous Owner Comorosky Mark $392,000
Closed U S Financial Capital Inc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $493,000 +0.9% $202 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
02/04/2019 02/04/19 Price Changed $488,500 -2.3% $200 / Sq Ft
11/20/2018 11/20/18 For Sale $499,900 -- $205 / 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 $5,905 $540,967 -- --
2024 $5,905 $511,333 $0 $0
2023 $5,734 $481,700 $211,700 $270,000
2022 $5,409 $476,467 $0 $0
2021 $10,709 $471,233 $0 $0
2020 $5,262 $466,000 $206,700 $259,300
2019 $5,103 $450,433 $0 $0
2018 $4,410 $434,867 $0 $0
2017 $4,634 $419,300 $0 $0
2016 -- $413,933 $0 $0
2015 -- $408,567 $0 $0
2014 -- $403,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA115252

Bright MLS

APN: 01-725-90092949