NOT LISTED FOR SALE

1617 Chesapeake Ln Edgewater, MD 21037

Estimated Value: $386,906 - $437,000

3 Beds
1 Bath
924 Sq Ft
$450/Sq Ft Est. Value

Last Sold December 31, 2014

Last sale price $267,500 $290 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,455/month

72 Days on Market

Highlights

  • Boat or Launch Ramp
  • Home fronts navigable water
  • Stream or River on Lot
  • Central Middle School Rated A-
  • Water Access
  • No HOA

About This Home

As of December 2014

Beautiful turn-key Cottage ...in the desirable waterfront community of Cloverlea. Completely renovated top to bottom...new gorgeous kitchen with granite counters and stainless steel appliances, new bathroom with tiled floors, tile tub surround, and granite counter tops...living room boast new hardwood flooring through to the kitchen.....all this and much more ...only steps to the South River...

Last Agent to Sell the Property

Cynthia Taylor-Hicks

(301) 377-2269 realtor16@gmail.com W F Chesley Real Estate, LLC. Listed on: 08/27/2014

Last Buyer's Agent

Colleen Smith

(443) 995-2409 colleen.smith@longandfoster.com EXP Realty, LLC License #650285

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,405

Year Built

  • Built in 1936

Lot Details

  • 5,400 Sq Ft Lot
  • Home fronts navigable water
  • Property is zoned R5

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • River Nearby
  • Available By Lease
  • Boat or Launch Ramp
  • Boat Ramp
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Waterfront Park

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cloverlea Subdivision

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 020115402628200

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,405

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Dock Type: Ramp
  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: SOUTH RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: 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

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

Lot Info

  • Improvement Assessed Value: 72300.00
  • Land Assessed Value: 127400.00
  • Lot Size Acres: 0.12
  • Lot Size Area: 5400
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5400.00
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15157023
  • Tax Annual Amount: 2404.84
  • Assessor Parcel Number: 020115402628200
  • Tax Lot: 77
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Dock Slip Conveyance: Available By Lease
  • Waterfront Features: Boat/Launch Ramp, Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2014
Closed on
Dec 8, 2014
Sold by
Marketpro South Inc
Bought by
Collett Robert D
Seller's Agent
Cynthia Taylor-Hicks
W F Chesley Real Estate, LLC.
Buyer's Agent
Colleen Smith
EXP Realty, LLC
List Price
$274,900
Sold Price
$267,500
Premium/Discount to List
-$7,400
-2.69%
Current Estimated Value
$415,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,227
Avg. Annual Appreciation
4.12%
Original Mortgage
$254,125
Outstanding Balance
$195,159
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$220,568

Purchase Details

Listed on
Jul 8, 2014
Closed on
Jul 8, 2014
Sold by
Shields Barbara
Bought by
Marketpro South Inc
Seller's Agent
Kelly Pendock
Anne Arundel Properties, Inc.
Buyer's Agent
Cynthia Taylor-Hicks
W F Chesley Real Estate, LLC.
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
262.19%

Purchase Details

Closed on
Oct 29, 2004
Sold by
Shields Barbara
Bought by
Shields Carl F and Shields Barbara

Purchase Details

Closed on
Apr 23, 2001
Sold by
Shields Barbara
Bought by
Shields Barbara and Shields Carl F

Purchase Details

Closed on
Jul 14, 1999
Sold by
Kline Charles L
Bought by
Shields Barbara
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
Collett Robert D $267,500 None Available
Marketpro South Inc $149,900 None Available
Shields Carl F -- --
Shields Barbara -- --
Shields Barbara $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collett Robert D $254,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2014 12/31/14 Sold $267,500 -2.7% $290 / Sq Ft
11/07/2014 11/07/14 Pending -- -- --
11/06/2014 11/06/14 For Sale $274,900 0.0% $298 / Sq Ft
11/06/2014 11/06/14 Pending -- -- --
10/06/2014 10/06/14 Price Changed $274,900 -1.8% $298 / Sq Ft
09/25/2014 09/25/14 Price Changed $279,900 -3.4% $303 / Sq Ft
08/27/2014 08/27/14 For Sale $289,900 +93.4% $314 / Sq Ft
07/21/2014 07/21/14 Sold $149,900 0.0% $162 / Sq Ft View Prior Sale
07/09/2014 07/09/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $149,900 -- $162 / 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 $3,186 $307,767 -- --
2024 $3,186 $280,933 $0 $0
2023 $3,075 $254,100 $178,100 $76,000
2022 $2,873 $250,333 $0 $0
2021 $5,652 $246,567 $0 $0
2020 $2,740 $242,800 $178,100 $64,700
2019 $2,689 $231,833 $0 $0
2018 $2,240 $220,867 $0 $0
2017 $2,522 $209,900 $0 $0
2016 -- $206,500 $0 $0
2015 -- $203,100 $0 $0
2014 -- $199,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003180992

Bright MLS

APN: 01-154-02628200