NOT LISTED FOR SALE

1576 Ritchie Dr Edgewater, MD 21037

Estimated Value: $598,588 - $632,000

4 Beds
3 Baths
2,216 Sq Ft
$276/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $501,576 $226 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,593/month

4 Days on Market

Highlights

  • Water Oriented
  • Bay View
  • Ceramic Tile Flooring
  • South River High School Rated A
  • Cathedral Ceiling
  • Central Heating and Cooling System

About This Home

As of May 2021

Beautiful & rare find in Saunders Point with stunning all year round water views of the Chesapeake Bay from both the entrance to the property and from the back deck where you can enjoy the magnificent sunrise and sunsets over the bay. The back deck is 16x20 Sq Ft - with stairs leading to the yard - it is the perfect area to feel the bay breeze while sipping your morning coffee, reading a book, or entertaining friends & family. Split Foyer with Freshly Painted & Fully-Finished Basement, Living room and Dining room with Cathedral Ceilings. 4 Bedrooms, 3 Full Baths. Enjoy 3 community beaches which are all located a short distance from the front door. * Private Community Beach. * Beverly-Triton Nature Park & Beach where you can find Hiking Trails, Canoeing, Kayaking, Wind Surfing, Fishing & more. This is a dog friendly park where families & pets can have fun playing on the beach and in the water (leash safety rules do apply). * Saunders Point Residents have a all year round private pathway to Mayo Beach Park. Residents also have a short walk to the Community Playground with Picnic Table & Water Access. This is the perfect home for anyone who enjoys being close to the Water & having access to outdoor living & amenities.

Last Agent to Sell the Property

Ellie DeCesaris

(240) 495-5532 ellie.decesaris@lnf.com Long & Foster Real Estate, Inc. License #680983 Listed on: 04/20/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Mike Herndon

(443) 871-8515 mike.herndon@evrealestate.com Engel & Völkers Annapolis

Engel & Völkers Annapolis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,838

Year Built

  • Built in 1996

Lot Details

  • 9,350 Sq Ft Lot
  • Property is zoned R2

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Bay Views
  • Finished Basement

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Water Oriented
  • Property near a bay

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Public Septic
  • Phone Available
  • Cable TV Available

Community Details

  • Saunders Point Home Owners HOA
  • Saunders Point Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 020172508145200

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,838

Year Built

Built in 1996

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-04-21
  • Federal Flood Zone: No
  • Year Built: 1996
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Ceramic Tile
  • Wall Ceiling Types: Cathedral Ceilings
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2216
  • Living Area Sq Ft: 2216
  • Price Per Sq Ft: 446.75
  • Above Grade Finished Sq Ft: 1108
  • Below Grade Finished Sq Ft: 1108
  • Total Below Grade Sq Ft: 1108
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: No
  • Water Body Name: Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Utilities: Cable Tv, Electric Available, Phone Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • HOA Fees: 20.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: SAUNDERS POINT HOME OWNERS
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: 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

  • Improvement Assessed Value: 139400.00
  • Land Assessed Value: 212000.00
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9350.00
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15160339
  • Tax Annual Amount: 3838.00
  • Assessor Parcel Number: 020172508145200
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
May 24, 2021
Sold by
Willingham Donald L and Willingham Carmela A
Bought by
Netefor Mary Michele
Seller's Agent
Ellie DeCesaris
Long & Foster Real Estate, Inc.
Buyer's Agent
Mike Herndon
Engel & Völkers Annapolis
List Price
$495,000
Sold Price
$501,576
Premium/Discount to List
$6,576
1.33%
Current Estimated Value
$611,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,071
Avg. Annual Appreciation
4.42%
Original Mortgage
$484,835
Outstanding Balance
$438,000
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$173,647

Purchase Details

Closed on
Jul 15, 2004
Sold by
Thompson Ronald W
Bought by
Willingham Carmela A and Willingham Donald L

Purchase Details

Closed on
Jul 11, 1996
Sold by
Flagship Builders Inc
Bought by
Thompson Ronald W

Purchase Details

Closed on
Feb 8, 1996
Sold by
Burgess T D
Bought by
Flagship Builders Inc
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
Netefor Mary Michele $501,576 Freestate Ttl Svcs Of Annapo
Willingham Carmela A $320,000 --
Thompson Ronald W $152,500 --
Flagship Builders Inc $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Netefor Mary Michele $484,835
Closed Netefor Mary Michele $484,835
Closed Thompson Ronald W --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2021 05/24/21 Sold $501,576 +1.3% $226 / Sq Ft
04/20/2021 04/20/21 For Sale $495,000 -- $223 / 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 $4,626 $401,733 -- --
2024 $4,626 $376,567 $0 $0
2023 $4,311 $351,400 $212,000 $139,400
2022 $4,057 $347,100 $0 $0
2021 $2,066 $342,800 $0 $0
2020 $2,923 $338,500 $207,000 $131,500
2019 $5,597 $320,367 $0 $0
2018 $3,065 $302,233 $0 $0
2017 $2,646 $284,100 $0 $0
2016 -- $277,433 $0 $0
2015 -- $270,767 $0 $0
2014 -- $264,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA465036

Bright MLS

APN: 01-725-08145200