NOT LISTED FOR SALE

242 Edgewater Dr Edgewater, MD 21037

Estimated Value: $453,000 - $782,000

3 Beds
1 Bath
1,250 Sq Ft
$452/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $305,000 $244 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,272/month

134 Days on Market

Highlights

  • Home fronts navigable water
  • Private Water Access
  • Open Floorplan
  • South River High School Rated A
  • River View
  • Wood Flooring

About This Home

As of July 2019

REDUCED-BRING OFFERS!! MOVE RIGHT INTO THIS HOME that has AMAZING WATER VIEWS from EVERY FRONT window! BUILD YOUR DREAM HOME HERE!!! Great CORNER LOT WITH VIEWS of the SOUTH RIVER!! TONS of WATERFRONT Restaurants (and other restaurants), Shopping, The Annapolis Mall, Hospital etc are just a few great spots JUST MINUTES AWAY from this LOCATION! Prime Spot in Edgewater Beach!! OR Enjoy what the home has to offer now: Woodburning FIREPLACE in the Living Room, New Hardwoods in DR & KT area! ENTIRE First Floor is all Hardwoods! *5YR Young FURNACE! Finished lower level with Rec Room, Laundry and HUGE 1 car GARAGE (with storage!!) Great DECK off the back & FULLY FENCED BACKYARD!! Bring your ideas and bring us an offer!!

Last Agent to Sell the Property

Melissa Cheetham

(410) 852-5277 melissa@movewithmelissa.com LPT Realty, LLC License #517525 Listed on: 02/20/2019

LPT Realty, LLC

Last Buyer's Agent

Patrick Mullarkey

(443) 203-9913 mullarkey@kw.com Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,073

Year Built

  • Built in 1963

Lot Details

  • 7,650 Sq Ft Lot
  • Home fronts navigable water
  • Partially Fenced Property
  • Property is in very good condition
  • Property is zoned R2

Parking

  • 1 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Free Parking
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Parking Space Conveys

Home Design

  • Split Foyer
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Heatilator
  • Fireplace Mantel
  • Family Room
  • Living Room
  • Dining Room
  • River Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Basement with some natural light

Outdoor Features

  • Private Water Access
  • River Nearby
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Municipal Trash
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Edgewater Beach Subdivision

Listing and Financial Details

  • Tax Lot 18R
  • Assessor Parcel Number 020124003441205

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,073

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1963
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stove, Washer
  • Interior Amenities: Carpet, Ceiling Fan(s), Floor Plan - Open, Floor Plan - Traditional, Wood Floors
  • Fireplace Features: Mantel(s), Heatilator, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Daylight, Partial, Partial, Partially Finished
  • Total Sq Ft: 1250
  • Living Area Sq Ft: 1250
  • Price Per Sq Ft: 342.11
  • Above Grade Finished Sq Ft: 950
  • Below Grade Finished Sq Ft: 300
  • Total Below Grade Sq Ft: 300
  • Above Grade Finished 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

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding
  • View: River, Water
  • Water Access Features: Private Access
  • 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: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Parking Features: Concrete Driveway, Free, Parking Space Conveys, Paved Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists, Community Septic Tank, Private Septic Tank
  • Water Source: Well
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 115200.00
  • Land Assessed Value: 183200.00
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7650.00
  • Property Condition: Very Good
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15157418
  • Tax Annual Amount: 3073.00
  • Assessor Parcel Number: 020124003441205
  • Tax Lot: 18R
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
Jul 29, 2019
Sold by
Miller Alan and Miller Michele
Bought by
Mullarkey James J
Seller's Agent
Melissa Cheetham
LPT Realty, LLC
Buyer's Agent
Patrick Mullarkey
Taylor Properties
List Price
$399,900
Sold Price
$305,000
Premium/Discount to List
-$94,900
-23.73%
Current Estimated Value
$565,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,155
Avg. Annual Appreciation
9.99%
Original Mortgage
$289,750
Outstanding Balance
$253,767
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$311,388

Purchase Details

Closed on
Sep 6, 2001
Sold by
Hartman John W
Bought by
Miller Alan and Miller Michele
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mullarkey James J $305,000 Charter Title Llc
Miller Alan $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullarkey James J $289,750
Closed Miller Alan --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2019 07/29/19 Sold $305,000 -6.2% $244 / Sq Ft
07/04/2019 07/04/19 Pending -- -- --
06/04/2019 06/04/19 Price Changed $325,000 -4.1% $260 / Sq Ft
05/15/2019 05/15/19 Price Changed $339,000 -3.1% $271 / Sq Ft
04/16/2019 04/16/19 Price Changed $349,999 0.0% $280 / Sq Ft
04/12/2019 04/12/19 Price Changed $350,000 -7.9% $280 / Sq Ft
03/31/2019 03/31/19 Price Changed $379,900 -2.6% $304 / Sq Ft
03/12/2019 03/12/19 Price Changed $389,900 -2.5% $312 / Sq Ft
02/20/2019 02/20/19 For Sale $399,900 -- $320 / 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 $4,150 $377,833 -- --
2024 $4,150 $368,467 $0 $0
2023 $4,039 $359,100 $243,200 $115,900
2022 $3,766 $338,867 $0 $0
2020 $3,569 $298,400 $183,200 $115,200
2019 $3,435 $285,400 $0 $0
2018 $2,762 $272,400 $0 $0
2017 $3,107 $259,400 $0 $0
2016 -- $259,400 $0 $0
2015 -- $259,400 $0 $0
2014 -- $285,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA374746

Bright MLS

APN: 01-240-03441205