NOT LISTED FOR SALE

1557 Widows Mite Rd Edgewater, MD 21037

Estimated Value: $1,407,000 - $1,992,000

0.99 Acre
$1,768,859 Price per Acre
43,124 Sq Ft Lot

Last Sold July 11, 2024

Last sale price $1,835,000 $692 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $10,117/month

1 Day on Market

Highlights

  • 110 Feet of Waterfront
  • Private Dock Site
  • River View
  • Central Middle School Rated A-
  • Access to Tidal Water
  • 0.99 Acre Lot

About This Lot

As of July 2024

Nestled among multi million dollar homes One of the most captivating aspects of this home is its stunning Water-views from practically every room in the house. Panoramic views to Glebe Bay, South River and Chesapeake Bay create a serene, peaceful and picturesque setting. Whether it's watching the sunrise and moon rise over the South River ...it adds a stunning touch of tranquility that is truly unparalleled. With 110-feet of waterfront gives plenty of room for your future pier. The living shore line has been installed for 110 feet of water front. The physical characteristics of this home and land would suit either new construction or updating and renovations. This unique property is one of the last opportunities like this in the surrounding areas

Last Agent to Sell the Property

Stephen Howison

(410) 703-1156 SteveFhowison@gmail.com Douglas Realty, LLC License #22863 Listed on: 05/24/2024

Douglas Realty, LLC

Last Buyer's Agent

Brad Kappel

(410) 279-9476 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty

TTR Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,519

Lot Details

  • 0.99 Acre Lot
  • 110 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned R5

Property Views

  • River Views

Utilities

  • Above Ground Utilities
  • Well
  • Grinder Pump
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 020145704600400

Community Details

Overview

  • No Home Owners Association
  • Larrimore's Point Subdivision

Recreation

  • Access to Tidal Water
  • Water Access
  • River Nearby
  • Private Dock Site

Property Details

Property Type

Land

Est. Annual Taxes

$12,519

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 45.80

Exterior Features

  • Construction Completed: No
  • View: Water, River
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 110

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer, Grinder Pump
  • Utilities: Above Ground, Cable Tv, Phone
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.99
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43124.00
  • Zoning: R5
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 12519.00
  • Assessor Parcel Number: 020145704600400
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • 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

Listed on
May 24, 2024
Closed on
Jul 11, 2024
Sold by
Nedorostek Phyllis
Bought by
Lancaster Kevin and Lancaster Jennifer
Seller's Agent
Stephen Howison
Douglas Realty, LLC
Buyer's Agent
Brad Kappel
TTR Sotheby's International Realty
List Price
$1,975,000
Sold Price
$1,835,000
Premium/Discount to List
-$140,000
-7.09%
Views
3
Current Estimated Value
$1,751,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,830
Avg. Annual Appreciation
-3.28%

Purchase Details

Closed on
Oct 25, 2019
Sold by
Tranchida Richard and Nedorostek Phyllis
Bought by
Nedorostek Phyllis

Purchase Details

Closed on
Dec 30, 2011
Sold by
Larrimore Point Llc
Bought by
Tranchida Richard and Nedorostek Phyllis M

Purchase Details

Closed on
Dec 27, 2007
Sold by
Manis Thayer L
Bought by
Larrimore Point Llc

Purchase Details

Closed on
Dec 21, 2007
Sold by
Manis Mark W
Bought by
Manis Thayer L

Purchase Details

Closed on
Nov 13, 2007
Sold by
Manis Thayer L
Bought by
Larrimore Point Llc

Purchase Details

Closed on
Apr 22, 2005
Sold by
Manis Thayer Larrimore
Bought by
Manis Mark W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2005
Sold by
Larrimore Point Llc
Bought by
Manis Thayer Larrimore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2005
Sold by
Manis Thayer Larrimore
Bought by
Manis Mark W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2001
Sold by
Larrimore Garrett
Bought by
Larrimore Point Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lancaster Kevin $1,835,500 Eagle Title
Lancaster Kevin $1,835,500 Eagle Title
Nedorostek Phyllis -- None Available
Tranchida Richard $715,000 First American Title Ins Co
Larrimore Point Llc -- --
Manis Thayer L -- --
Larrimore Point Llc -- --
Manis Thayer L -- --
Manis Mark W -- --
Manis Thayer Larrimore -- --
Manis Mark W -- --
Larrimore Point Llc $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manis Mark W $750,000
Previous Owner Manis Mark W $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2024 07/11/24 Sold $1,835,000 0.0% $692 / Sq Ft
07/11/2024 07/11/24 Sold $1,835,000 -7.1% $683 / Sq Ft View Prior Sale
05/28/2024 05/28/24 For Sale $1,975,000 0.0% $745 / Sq Ft
05/28/2024 05/28/24 For Sale $1,975,000 0.0% $735 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
05/25/2024 05/25/24 Pending -- -- --
05/24/2024 05/24/24 Price Changed $1,975,000 +1.3% $745 / Sq Ft
05/24/2024 05/24/24 For Sale $1,950,000 -1.3% $735 / Sq Ft
04/23/2024 04/23/24 For Sale $1,975,000 0.0% $735 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $1,975,000 0.0% $735 / Sq Ft
02/16/2014 02/16/14 Rented $2,500 -19.4% --
02/15/2014 02/15/14 Under Contract -- -- --
07/22/2013 07/22/13 For Rent $3,100 -- --
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 $10,754 $1,514,933 -- --
2024 $10,754 $1,313,267 $0 $0
2023 $9,926 $1,111,600 $931,700 $179,900
2022 $9,665 $1,019,333 $0 $0
2021 $18,806 $927,067 $0 $0
2020 $9,119 $834,800 $671,700 $163,100
2019 $9,128 $834,800 $671,700 $163,100
2018 $8,465 $834,800 $671,700 $163,100
2017 $8,954 $894,400 $0 $0
2016 -- $834,600 $0 $0
2015 -- $801,800 $0 $0
2014 -- $715,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen Howison

    Seller's Agent in 2024

    Stephen Howison

    Douglas Realty, LLC

    (410) 703-1156

    2 in this area

    11 Total Sales

    Stephen Howison
    Section Image
  • Brad Kappel

    Buyer's Agent in 2024

    Brad Kappel

    TTR Sotheby's International Realty

    (410) 279-9476

    6 in this area

    417 Total Sales

    Brad Kappel
    Section Image

  • W

    Buyer's Agent in 2014

    Wanda Higgs

    Chesapeake Homes 2 Own

    (443) 336-6814

    5 Total Sales

    Wanda Higgs
    Section Image
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Map

Source: Bright MLS

MLS Number: MDAA2085662

Bright MLS

APN: 01-457-04600400

Maryland Anne Arundel County Edgewater 21037

1557 Widows Mite Rd, Edgewater, MD

Not Listed for Sale

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