NOT LISTED FOR SALE

1638 Lee Dr Edgewater, MD 21037

Estimated Value: $467,000 - $549,000

3 Beds
1.5 Baths
1,344 Sq Ft
$376/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $340,000 $253 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,957/month

9 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Boat or Launch Ramp
  • South River High School Rated A
  • Pier
  • Home fronts navigable water

About This Home

As of August 2018

Stunning, updated rancher! Open, floor plan w/ beautiful finishes throughout. Gourmet Kitchen loaded w/ amenities. Elegant owner's suite w/ walk-in & vaulted ceilings. Spacious 2nd bdrm. Fam. rm w/ fireplace. Gleaming hdwd flrs. Newer roof, a.c, & oil tank. Large back yard w/ screened porch & shed. Sought after location- Blue Ribbon Schools & Water Access Living in sought after Cloverlea Comm.!

Last Agent to Sell the Property

Jason Donovan

(410) 726-1800 jason@donovan.team RE/MAX Leading Edge Listed on: 06/22/2018

RE/MAX Leading Edge

Co-Listed By

Jonathan Donovan

(410) 991-7011 johnny@donovan.team RE/MAX Leading Edge

Last Buyer's Agent

Rachel Best

(443) 454-5959 tbi.homes@gmail.com RE/MAX Leading Edge License #637776

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,809

Year Built

  • Built in 1966

Lot Details

  • 0.25 Acre Lot
  • Home fronts navigable water
  • Creek or Stream
  • Back Yard Fenced
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Premium Lot
  • Property is in very good condition
  • Property is zoned R5

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Vaulted Ceiling
  • Recessed Lighting
  • 1 Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Pier
  • Water Access
  • Boat or Launch Ramp
  • Boat Ramp
  • Physical Dock Slip Conveys
  • Screened Patio
  • Porch

Location

  • Property is near creek

Utilities

  • Central Air
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Baseboard Heating
  • Well
  • Oil Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 020115408507935

Community Details

Overview

  • No Home Owners Association
  • Cloverlea Subdivision

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,809

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-06-23
  • Year Built: 1966
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Icemaker, Microwave, Refrigerator, Stove
  • Interior Amenities: Breakfast Area, Kitchen - Gourmet, Family Room Off Kitchen, Dining Area, Kitchen - Island, Upgraded Countertops, Window Treatments, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Insulated, Screens, Double Pane
  • Fireplace Features: Equipment
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1344
  • Living Area Sq Ft: 1344
  • Price Per Sq Ft: 252.90
  • Above Grade Finished Sq Ft: 1344
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Exterior Features: Extensive Hardscape
  • Water Access: Yes
  • Water Body Name: CADLE
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Boat Ramp, Beach, Common Grounds, Pier/Dock, Picnic Area, Tot Lots/Playground
  • HOA: No
  • Senior Community: No

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 92800.00
  • Land Assessed Value: 190400.00
  • Lot Features: Landscaping, Premium, Private
  • Lot Size Acres: 0.25
  • Lot Size Area: 10850
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10850.00
  • Outdoor Living Structures: Porch(es), Screened
  • Property Condition: Very Good
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15157079
  • Tax Annual Amount: 2808.82
  • Assessor Parcel Number: 020115408507935
  • Tax Lot: 97
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Dock Slip Conveyance: Deeded
  • Waterfront Features: Boat/Launch Ramp

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2019
Sold by
Mcmullen Matthew S and Mcmullen Amber N
Bought by
Mcmullen Matthew S
Current Estimated Value
$504,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,650
Outstanding Balance
$287,725
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$217,065

Purchase Details

Listed on
Jun 22, 2018
Closed on
Aug 10, 2018
Sold by
Davis Derek and Davis Kimberly
Bought by
Mcmullen Matthew S and Mcmullen Amber N
Seller's Agent
Jason Donovan
RE/MAX Leading Edge
Buyer's Agent
Rachel Best
RE/MAX Leading Edge
List Price
$339,900
Sold Price
$340,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$323,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2005
Sold by
Clancy Thomas F
Bought by
Davis Derek and Davis Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 14, 1987
Sold by
Thompson Albert T
Bought by
Clancy Thomas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
11.21%
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
Mcmullen Matthew S -- Maryland Trust T&E Llc
Mcmullen Matthew S $340,000 Maryland Title Group Llc
Davis Derek $320,000 --
Clancy Thomas F $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmullen Matthew S $325,650
Closed Mcmullen Matthew S $323,000
Previous Owner Davis Derek $256,000
Previous Owner Davis Derek $64,000
Previous Owner Clancy Thomas F $117,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2018 08/10/18 Sold $340,000 0.0% $253 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $339,900 -- $253 / 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 $3,841 $392,700 -- --
2024 $3,841 $358,100 $0 $0
2023 $3,710 $323,500 $190,400 $133,100
2022 $3,460 $310,067 $0 $0
2021 $6,785 $296,633 $0 $0
2020 $3,286 $283,200 $190,400 $92,800
2019 $3,224 $270,933 $0 $0
2018 $2,623 $258,667 $0 $0
2017 $2,901 $246,400 $0 $0
2016 -- $245,133 $0 $0
2015 -- $243,867 $0 $0
2014 -- $242,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001923812

Bright MLS

APN: 01-154-08507935