NOT LISTED FOR SALE

1607 Oldtown Rd Edgewater, MD 21037

Estimated Value: $306,000 - $416,000

1 Bed
1.5 Baths
820 Sq Ft
$453/Sq Ft Est. Value

Last Sold February 24, 2016

Last sale price $135,000 $165 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $2,301/month

227 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Family Room Off Kitchen
  • Central Middle School Rated A-
  • Cottage
  • 1 Car Attached Garage

About This Home

As of February 2016

Charming Cottage that needs love, 1st Time Homebuyer suitable & comes with an adorable loft on an oversized lot... has wonderful potential. 203k friendly; basement needs remediation from a faulty sump pump. FYI water filtering system is leased. Home needs 3rd Party Approval: sold As-Is. Bank says approved short sale for owner occupied buyers: Active Pending Release - List Price was Bank's counter!

Last Agent to Sell the Property

Michelle Resnick

Champion Realty, Inc. Listed on: 05/28/2015

Last Buyer's Agent

David Crider

Berkshire Hathaway HomeServices PenFed Realty License #657889

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 1940

Lot Details

  • 7,000 Sq Ft Lot
  • Property is zoned R5

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room Off Kitchen

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1.5 Bathrooms

Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Woodland Beach Subdivision

Listing and Financial Details

  • Tax Lot 5712
  • Assessor Parcel Number 020190401400000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,400

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1940
  • Remarks Public: Charming Cottage that needs love, 1st Time Homebuyer suitable & comes with an adorable loft on an oversized lot... has wonderful potential. 203k friendly; basement needs remediation from a faulty sump pump. FYI water filtering system is leased. Home needs 3rd Party Approval: sold As-Is. Bank says approved short sale for owner occupied buyers: Active Pending Release - List Price was Bank's counter!
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Family Room Off Kitchen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Walkout Level
  • Living Area Units: Square Feet
  • Street Number Modifier: 1607

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 93200.00
  • Land Assessed Value: 115200.00
  • Lot Size Acres: 0.16
  • Lot Size Area: 7000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7000.00
  • Property Attached Yn: No
  • Year Assessed: 2015
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15163618
  • Tax Annual Amount: 2399.56
  • Assessor Parcel Number: 020190401400000
  • Tax Lot: 5712
  • Tax Total Finished Sq Ft: 1120
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 02/24/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2015
Closed on
Feb 24, 2016
Sold by
Sobleskia Paul
Bought by
Tur Francois
Seller's Agent
Michelle Resnick
Champion Realty, Inc.
Buyer's Agent
David Crider
Berkshire Hathaway HomeServices PenFed Realty
List Price
$150,000
Sold Price
$135,000
Premium/Discount to List
-$15,000
-10%
Current Estimated Value
$371,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,099
Avg. Annual Appreciation
11.62%

Purchase Details

Closed on
Dec 27, 2006
Sold by
Youngquist Harry L
Bought by
Sobleskie Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
9.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2006
Sold by
Youngquist Harry L
Bought by
Sobleskie Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
9.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2004
Sold by
Vandolsen Dal Charles
Bought by
Youngquist Harry L and Conaway Susan R

Purchase Details

Closed on
Oct 2, 2001
Sold by
Gray James E
Bought by
Vandolsen Dal Charles and Vandolsen Van Dolsen
Source: Public Records

Range of Values:

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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
Tur Francois $135,000 Chancellor Title Svcs Inc
Sobleskie Paul $270,000 --
Sobleskie Paul $270,000 --
Youngquist Harry L $200,000 --
Vandolsen Dal Charles $116,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sobleskie Paul $285,886
Previous Owner Sobleskie Paul $281,662
Previous Owner Sobleskie Paul $256,500
Previous Owner Sobleskie Paul $256,500
Closed Vandolsen Dal Charles --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2016 02/24/16 Sold $135,000 -10.0% $165 / Sq Ft
01/10/2016 01/10/16 Pending -- -- --
10/30/2015 10/30/15 Price Changed $150,000 0.0% $183 / Sq Ft
10/30/2015 10/30/15 For Sale $150,000 -3.2% $183 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
10/05/2015 10/05/15 Price Changed $154,900 -11.4% $189 / Sq Ft
09/04/2015 09/04/15 Price Changed $174,900 -7.9% $213 / Sq Ft
06/04/2015 06/04/15 Price Changed $189,900 -0.1% $232 / Sq Ft
05/28/2015 05/28/15 For Sale $190,000 -- $232 / 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 $3,353 $320,600 -- --
2024 $3,353 $301,100 $0 $0
2023 $3,249 $281,600 $176,700 $104,900
2022 $3,047 $276,433 $0 $0
2021 $5,997 $271,267 $0 $0
2020 $2,911 $266,100 $166,700 $99,400
2019 $2,851 $246,867 $0 $0
2018 $2,308 $227,633 $0 $0
2017 $2,667 $208,400 $0 $0
2016 -- $205,333 $0 $0
2015 -- $202,267 $0 $0
2014 -- $199,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001289565

Bright MLS

APN: 01-904-01400000