NOT LISTED FOR SALE

2703 Solomons Island Rd Edgewater, MD 21037

Estimated Value: $873,087 - $1,151,000

Studio
1 Bath
2,842 Sq Ft
$351/Sq Ft Est. Value

About This Home

This home is located at 2703 Solomons Island Rd, Edgewater, MD 21037 and is currently estimated at $998,772, approximately $351 per square foot. 2703 Solomons Island Rd is a home located in Anne Arundel County with nearby schools including Edgewater Elementary School, Central Middle School, and South River High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2022
Sold by
Ross Chaffin J
Bought by
Derdock Nicholas and Borden Katrina
Current Estimated Value
$994,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,000
Outstanding Balance
$607,673
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$391,099

Purchase Details

Closed on
Jun 22, 2018
Sold by
Lighhouse Development Lp
Bought by
Chaffin J Ross J and Chaffin Lauren P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Derdock Nicholas $159,267 First American Title
Chaffin J Ross J $660,000 Northco Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derdock Nicholas $647,000
Previous Owner Chaffin J Ross J $330,000
Source: Public Records

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 $7,403 $673,000 -- --
2024 $7,403 $644,600 $0 $0
2023 $7,203 $616,200 $280,700 $335,500
2022 $6,870 $616,200 $280,700 $335,500
2020 $6,842 $617,100 $280,700 $336,400
2019 $13,057 $609,600 $0 $0
2018 $6,105 $602,100 $0 $0
2017 $1,086 $105,700 $0 $0
2016 -- $105,700 $0 $0
2015 -- $105,700 $0 $0
2014 -- $105,700 $0 $0
Source: Public Records

Map

Maryland Anne Arundel County Edgewater 21037

2703 Solomons Island Rd, Edgewater, MD

Not Listed for Sale

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