NOT LISTED FOR SALE

1609 Oldtown Rd Edgewater, MD 21037

Estimated Value: $444,475 - $478,000

3 Beds
2.5 Baths
1,240 Sq Ft
$368/Sq Ft Est. Value

Last Sold March 18, 2020

Last sale price $330,000 $266 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,833/month

7 Days on Market

Highlights

  • Boat Ramp
  • Lake Privileges
  • Deck
  • Central Middle School Rated A-
  • Colonial Architecture
  • Recreation Room

About This Home

As of March 2020

There's so many awesome features this to renovated home, I don't know where to begin! This renovated home boasts 3 finished levels, YES 3, the walk- out, finished, basement leads to a partially covered rear patio. Pull pass the fence and into the 2+ car driveway. Imagine enjoying the after work beverage on the front porch while watching the pets or kids play in the fenced yard. Enter the front door into the Great Room offering tons of light pouring in from all the windows. The freshly painted neutral grey walls and new luxury plank flooring welcome modern farmhouse decor. There's ample room for a sectional and formal dining, if desired. Pass the half bath and pantry to enter the eat-in kitchen complete with new white-shaker cabinets, granite counters and stainless steel appliances. The pass thru window allows one to stay involved with the guests in the great room while hiding the kitchen meal preparation (cooks love this feature). The sliding doors open to the expansive deck , ideal for cook outs or add a large picnic table for crab feast. Deck overlooks the fenced back yard and shed. As you travel the extra wide staircase, don't miss the new stainless lighting fixtures, new carpet and paint throughout the home. The master bedroom offers 2 closets so no more sharing closet space! 2 more bedrooms, a linen closet and full bath complete the upstairs. Don't forget to see the bonus finished basement. Basements are rare in this neighborhood, and this one is a walk out! The large rec room with game closet and Full Bath simply add to this homes entertaining possibilities. With a separate laundry room and another closet with the utilities, the basement welcomes pure enjoyment and hides the daily functions. This home is truly picture perfect. Don't forget to check out the neighborhoods water amenities, beaches, parks and school system. No HOA. To help visualize this homes floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.

Last Agent to Sell the Property

Lynne Ferrante

Berkshire Hathaway HomeServices PenFed Realty Listed on: 02/07/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Shauna Talbot

Talbot Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,304

Year Built

  • Built in 1994

Lot Details

  • 4,000 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R5

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Great Room
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Lake Privileges
  • Deck
  • Patio
  • Porch

Schools

  • South River High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Public Septic

Listing and Financial Details

  • Tax Lot 5710
  • Assessor Parcel Number 020190490005301

Community Details

Overview

  • No Home Owners Association
  • Edgewater Subdivision

Recreation

  • Boat Ramp
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,304

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1994
  • Remarks Public: There's so many awesome features this to renovated home, I don't know where to begin! This renovated home boasts 3 finished levels, YES 3, the walk- out, finished, basement leads to a partially covered rear patio. Pull pass the fence and into the 2+ car driveway. Imagine enjoying the after work beverage on the front porch while watching the pets or kids play in the fenced yard. Enter the front door into the Great Room offering tons of light pouring in from all the windows. The freshly painted neutral grey walls and new luxury plank flooring welcome modern farmhouse decor. There's ample room for a sectional and formal dining, if desired. Pass the half bath and pantry to enter the eat-in kitchen complete with new white-shaker cabinets, granite counters and stainless steel appliances. The pass thru window allows one to stay involved with the guests in the great room while hiding the kitchen meal preparation (cooks love this feature). The sliding doors open to the expansive deck , ideal for cook outs or add a large picnic table for crab feast. Deck overlooks the fenced back yard and shed. As you travel the extra wide staircase, don't miss the new stainless lighting fixtures, new carpet and paint throughout the home. The master bedroom offers 2 closets so no more sharing closet space! 2 more bedrooms, a linen closet and full bath complete the upstairs. Don't forget to see the bonus finished basement. Basements are rare in this neighborhood, and this one is a walk out! The large rec room with game closet and Full Bath simply add to this homes entertaining possibilities. With a separate laundry room and another closet with the utilities, the basement welcomes pure enjoyment and hides the daily functions. This home is truly picture perfect. Don't forget to check out the neighborhoods water amenities, beaches, parks and school system. No HOA. To help visualize this homes floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3+
  • Room List: Kitchen, Great Room, Laundry, Recreation Room
  • Basement: Yes
  • Basement Type: Fully Finished, Full
  • Total Sq Ft: 1240
  • Living Area Sq Ft: 1240
  • Price Per Sq Ft: 270.08
  • Above Grade Finished Sq Ft: 1240
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1609

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

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: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Water/Lake Privileges, Boat Ramp, Tot Lots/Playground
  • HOA: No
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • High School: SOUTH RIVER
  • High School Source: Listing Agent
  • School District Key: 121140671932
  • School District Source: Listing Agent
  • High School: SOUTH RIVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 146800.00
  • Land Assessed Value: 160000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15164834
  • Tax Annual Amount: 3304.00
  • Assessor Parcel Number: 020190490005301
  • Tax Lot: 5710
  • Tax Total Finished Sq Ft: 1240
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/18/2020

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Feb 25, 2020
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Duncan Ian James
Seller's Agent
Lynne Ferrante
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Shauna Talbot
Talbot Realty
List Price
$334,900
Sold Price
$330,000
Premium/Discount to List
-$4,900
-1.46%
Current Estimated Value
$455,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,869
Avg. Annual Appreciation
5.83%
Original Mortgage
$337,590
Outstanding Balance
$299,712
Interest Rate
3.4%
Mortgage Type
VA
Estimated Equity
$149,793

Purchase Details

Closed on
Aug 7, 2019
Sold by
Hayes Michael L and Hayes Jessica L
Bought by
Wilmington Savings Fund Society Fsb and Residential Credit Opportunities Trust V

Purchase Details

Closed on
Sep 18, 2000
Sold by
Smith David B
Bought by
Hayes Michael L and Hayes Jessica L

Purchase Details

Closed on
Jul 1, 1994
Sold by
Digirolomo Rocco M
Bought by
Smith David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,233
Interest Rate
8.55%

Purchase Details

Closed on
Oct 20, 1993
Sold by
Welton W
Bought by
Digirolomo Rocco M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.73%
Source: Public Records

Range of Values:

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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
Duncan Ian James $330,000 Stewart Title
Wilmington Savings Fund Society Fsb $211,500 None Available
Hayes Michael L $140,900 --
Smith David B $124,500 --
Digirolomo Rocco M $30,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duncan Ian James $337,590
Closed Duncan Ian James $337,590
Previous Owner Hayes Michael L $342,562
Previous Owner Hayes Michael L $100,000
Previous Owner Digirolomo Rocco M $124,233
Previous Owner Digirolomo Rocco M $73,000
Closed Hayes Michael L --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2020 03/18/20 Sold $330,000 -1.5% $266 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $334,900 -- $270 / 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 $4,188 $336,200 -- --
2024 $4,188 $314,700 $0 $0
2023 $3,915 $293,200 $170,000 $123,200
2022 $3,734 $293,200 $170,000 $123,200
2021 $0 $293,200 $170,000 $123,200
2020 $3,836 $306,800 $160,000 $146,800
2019 $3,634 $287,200 $0 $0
2018 $2,713 $267,600 $0 $0
2017 $3,170 $248,000 $0 $0
2016 -- $248,000 $0 $0
2015 -- $248,000 $0 $0
2014 -- $250,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA424752

Bright MLS

APN: 01-904-90005301