NOT LISTED FOR SALE

1642 Chesapeake Dr Edgewater, MD 21037

Estimated Value: $289,000 - $350,301

2 Beds
1 Bath
588 Sq Ft
$538/Sq Ft Est. Value

Last Sold April 05, 2018

Last sale price $176,000 $299 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,994/month

69 Days on Market

Highlights

  • 5 Dock Slips
  • Pier
  • Home fronts navigable water
  • Central Middle School Rated A-
  • Boat or Launch Ramp
  • Sandy Beach

About This Home

As of April 2018

BEST BUY IN EDGEWATER-2 bedroom 1 bath perfect for single or couple-Huge Corner Lot w/space to grow-space for boats 7 RV's- large fenced in yard w/ deck off kitchen-large shed-large gravel driveway w/ plenty of parking-Heat pump w/central air-water privileged community with 5 sandy beaches, piers,5 boat ramps, playgrounds & clubhouse boat slips for $15/ft per year most with electric machines.

Last Agent to Sell the Property

James Fegan

RE/MAX Executive Listed on: 12/16/2017

RE/MAX Executive

Co-Listed By

Michelle North

RE/MAX Executive

Last Buyer's Agent

Tamera Tippett

HomeSmart

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,936

Year Built

  • Built in 1940

Lot Details

  • 6,200 Sq Ft Lot
  • Home fronts navigable water
  • Sandy Beach
  • Property is zoned R5

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Eat-In Galley Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Pier
  • Water Access
  • River Nearby
  • Swim Only
  • Boat or Launch Ramp
  • Boat Ramp
  • Physical Dock Slip Conveys
  • 5 Dock Slips
  • Stream or River on Lot
  • Waterfront Park
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted

Utilities

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

Community Details

  • No Home Owners Association
  • Woodland Beach Subdivision

Listing and Financial Details

  • Tax Lot 3245
  • Assessor Parcel Number 020190408540201

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,936

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1940
  • Remarks Public: BEST BUY IN EDGEWATER-2 bedroom 1 bath perfect for single or couple-Huge Corner Lot w/space to grow-space for boats 7 RV's- large fenced in yard w/ deck off kitchen-large shed-large gravel driveway w/ plenty of parking-Heat pump w/central air-water privileged community with 5 sandy beaches, piers,5 boat ramps, playgrounds & clubhouse boat slips for $15/ft per year most with electric machines.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Galley, Kitchen - Table Space
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 1642

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

  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Pool Private: 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
  • Type Of Parking: Off Street

Utilities

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

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932

Lot Info

  • Improvement Assessed Value: 46900.00
  • Land Assessed Value: 113800.00
  • Lot Size Acres: 0.14
  • Lot Size Area: 6200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6200.00
  • Property Attached Yn: No
  • Year Assessed: 2017
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15164625
  • Tax Annual Amount: 1935.53
  • Assessor Parcel Number: 020190408540201
  • Tax Lot: 3245
  • Tax Total Finished Sq Ft: 588
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 04/05/2018

Multi Family

  • Dock Slip Conveyance: First Come - First Served
  • Mean Low Water Feet: 4
  • Waterfront Features: Boat/Launch Ramp, Park, Sandy Beach

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2017
Closed on
Apr 5, 2018
Sold by
Fegan Thomas John
Bought by
Andersen Ii Robert K
Seller's Agent
James Fegan
RE/MAX Executive
Buyer's Agent
Tamera Tippett
HomeSmart
List Price
$200,000
Sold Price
$176,000
Premium/Discount to List
-$24,000
-12%
Current Estimated Value
$316,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,575
Avg. Annual Appreciation
8.15%
Original Mortgage
$172,812
Outstanding Balance
$150,372
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$164,670

Purchase Details

Closed on
May 11, 2004
Sold by
Stanton Joseph F
Bought by
Fegan Thomas J

Purchase Details

Closed on
May 21, 1999
Sold by
Stanton Joseph F
Bought by
Stanton Joseph F

Purchase Details

Closed on
May 9, 1995
Sold by
Hardy Mary J
Bought by
Stanton Joseph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,400
Interest Rate
8.36%
Source: Public Records

Range of Values:

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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
Andersen Ii Robert K $176,000 Xpress Title Svcs Llc
Fegan Thomas J $160,000 --
Stanton Joseph F -- --
Stanton Joseph F $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andersen Ii Robert K $172,812
Previous Owner Stanton Joseph F $71,400
Closed Stanton Joseph F --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2018 04/05/18 Sold $176,000 -7.3% $299 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/16/2018 02/16/18 Price Changed $189,900 -2.6% $323 / Sq Ft
01/23/2018 01/23/18 Price Changed $194,900 -2.6% $331 / Sq Ft
12/16/2017 12/16/17 For Sale $200,000 -- $340 / 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 $3,385 $249,700 -- --
2024 $3,385 $230,400 $0 $0
2023 $3,139 $211,100 $174,900 $36,200
2022 $2,938 $205,533 $0 $0
2021 $5,760 $199,967 $0 $0
2020 $2,781 $194,400 $164,900 $29,500
2019 $2,665 $183,167 $0 $0
2018 $1,743 $171,933 $0 $0
2017 $2,382 $160,700 $0 $0
2016 -- $159,600 $0 $0
2015 -- $158,500 $0 $0
2014 -- $157,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Fegan

    Seller's Agent in 2018

    James Fegan

    RE/MAX

    (410) 353-0956

    19 in this area

    95 Total Sales

    James Fegan
    Section Image
  • Michelle North

    Seller Co-Listing Agent in 2018

    Michelle North

    RE/MAX

    (908) 391-1489

    10 in this area

    45 Total Sales

    Michelle North
    Section Image

  • T

    Buyer's Agent in 2018

    Tamera Tippett

    HomeSmart

    Section Image
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Map

Source: Bright MLS

MLS Number: 1004334691

Bright MLS

APN: 01-904-08540201

Maryland Anne Arundel County Edgewater 21037

1642 Chesapeake Dr, Edgewater, MD

This home is located at 1642 Chesapeake Dr, Edgewater, MD 21037 since 16 December 2017 and is currently estimated at $316,575, approximately $538 per square foot. This property was built in 1940. 1642 Chesapeake Dr is a home located in Anne Arundel County with nearby schools including Edgewater Elementary School, Central Middle School, and South River High School.

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