NOT LISTED FOR SALE

1618 Chesapeake Ln Edgewater, MD 21037

Estimated Value: $407,000 - $493,000

2 Beds
1 Bath
1,350 Sq Ft
$324/Sq Ft Est. Value

Last Sold September 23, 2015

Last sale price $250,000 $185 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,587/month

22 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • No HOA
  • Central Middle School Rated A-
  • Combination Kitchen and Living
  • Cottage

About This Home

As of September 2015

Lovely cottage in the quiet community of Cloverlea. Large addition on the back of the house, added oversize Kitchen and Family room, Pantry and Laundry room.

Last Agent to Sell the Property

Allan Friedman

(410) 353-3927 al.friedman@lnf.com Long & Foster Real Estate, Inc. Listed on: 06/08/2015

Long & Foster Real Estate, Inc.

Co-Listed By

Christie Craven

(410) 353-7623 christielnf@gmail.com Blackwell Real Estate, LLC

Last Buyer's Agent

Fletcher Bauman

(410) 263-2000 FletchMFP@icloud.com Meredith Fine Properties License #36391

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,644

Year Built

  • Built in 1956

Lot Details

  • 5,000 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R5

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,350 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned

Community Details

  • No Home Owners Association
  • $16 Other Monthly Fees
  • Cloverlea Subdivision

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 020115405210800

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,644

Year Built

Built in 1956

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: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Conditioner - Owned
  • Interior Amenities: Family Room Off Kitchen, Combination Kitchen/Living, Kitchen - Table Space, Kitchen - Eat-In, Entry Level Bedroom, Window Treatments, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1350
  • Living Area Sq Ft: 1350
  • Price Per Sq Ft: 185.19
  • Above Grade Finished Sq Ft: 1350
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Shed
  • Other Structures List: Shed
  • 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: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Electric, 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

Fee Information

  • Other Fees: 48.37
  • Other Fees Frequency: Quarterly

Schools

  • Elementary School: MAYO
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Lot Info

  • Improvement Assessed Value: 81200.00
  • Land Assessed Value: 146700.00
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15157047
  • Tax Annual Amount: 2644.32
  • Assessor Parcel Number: 020115405210800
  • Tax Lot: 68
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2015
Closed on
Sep 23, 2015
Sold by
Summers Victoria L
Bought by
Fisher Brian and Fisher Kerri
Seller's Agent
Allan Friedman
Long & Foster Real Estate, Inc.
Buyer's Agent
Fletcher Bauman
Meredith Fine Properties
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$437,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,169
Avg. Annual Appreciation
5.63%
Original Mortgage
$278,960
Outstanding Balance
$222,701
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$214,468

Purchase Details

Closed on
Jul 23, 1986
Sold by
Lee Mark D
Bought by
Summers Michael J and Summers Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,650
Interest Rate
10.43%
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
Fisher Brian $250,000 None Available
Summers Michael J $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Brian $278,960
Previous Owner Summers Michael J $65,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2015 09/23/15 Sold $250,000 0.0% $185 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $250,000 -- $185 / 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 $3,422 $340,433 -- --
2024 $3,422 $310,667 $0 $0
2023 $3,304 $280,900 $177,200 $103,700
2022 $3,087 $275,800 $0 $0
2021 $6,070 $270,700 $0 $0
2020 $2,944 $265,600 $177,200 $88,400
2019 $5,647 $253,033 $0 $0
2018 $2,438 $240,467 $0 $0
2017 $2,705 $227,900 $0 $0
2016 -- $226,067 $0 $0
2015 -- $224,233 $0 $0
2014 -- $222,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Allan Friedman

    Long & Foster

    (410) 353-3927

    11 Total Sales

    Allan Friedman
    Section Image
  • Christie Craven

    Seller Co-Listing Agent in 2015

    Christie Craven

    Blackwell Real Estate, LLC

    (410) 353-7623

    7 Total Sales

    Christie Craven
    Section Image
  • Fletcher Bauman

    Buyer's Agent in 2015

    Fletcher Bauman

    Meredith Fine Properties

    (410) 263-2000

    12 Total Sales

    Fletcher Bauman
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001279299

Bright MLS

APN: 01-154-05210800

Maryland Anne Arundel County Edgewater 21037

1618 Chesapeake Ln, Edgewater, MD

Not Listed for Sale

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