NOT LISTED FOR SALE

2901 Chestnut Rd Edgewater, MD 21037

Estimated Value: $632,000 - $753,000

4 Beds
1.5 Baths
1,656 Sq Ft
$409/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $490,000 $296 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,032/month

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • No HOA
  • South River High School Rated A
  • Sun or Florida Room
  • Living Room

About This Home

As of September 2020

Water views without the waterfront price! Located in Edgewater Beach, Edgewater's best kept secret, this completely renovated cape cod sits at the end of the street just next to the community waterfront park with unobstructed views of the South River. This home has a geothermal heating and cooling system, reducing your monthly utility expenses. Other upgrades include hardiplank siding, hardwood floors throughout, crown molding, a new hot water heater, and new gutters to name a few. The community park offers a dock with boat slips available for lease, a beach, picnic table and kayak rack. $50 voluntary HOA fee. Enjoy sunny days living the waterfront lifestyle and breathtaking views from your newly renovated home on the South River.

Last Agent to Sell the Property

Kirstin Whitaker

(443) 370-4203 kirstin.whitaker@lnf.com Long & Foster Real Estate, Inc. License #663359 Listed on: 09/18/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Samantha Wiedeman

(443) 765-7708 samantha.wiedeman@gmail.com Taylor Properties License #680894

Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,226

Year Built

  • Built in 1952

Lot Details

  • 10,010 Sq Ft Lot
  • Property is zoned R2

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Asphalt Roof
  • HardiePlank Type

Interior Spaces

  • 1,656 Sq Ft Home
  • Property has 1.5 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room

Bedrooms and Bathrooms

Accessible Home Design

  • Receding Pocket Doors
  • More Than Two Accessible Exits

Utilities

  • Central Heating
  • Geothermal Heating and Cooling
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Chestnut Hill Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 9
  • Assessor Parcel Number 020115501159800

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,226

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: 2+ Access Exits, Doors - Recede
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1952
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Kitchen, Sun/Florida Room
  • Basement: No
  • Total Sq Ft: 1656
  • Living Area Sq Ft: 1656
  • Price Per Sq Ft: 292.87
  • Above Grade Finished Sq Ft: 1656
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Geothermal
  • Cooling Type: Geothermal
  • Heating Fuel: Geo-Thermal
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

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

  • Improvement Assessed Value: 110900.00
  • Land Assessed Value: 276000.00
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10010.00
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15157115
  • Tax Annual Amount: 4226.00
  • Assessor Parcel Number: 020115501159800
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Sep 26, 2020
Sold by
Brown Christopher and Brown Margaret
Bought by
Riccini Marc and Rivas Vanessa
Seller's Agent
Kirstin Whitaker
Long & Foster Real Estate, Inc.
Buyer's Agent
Samantha Wiedeman
Taylor Properties
List Price
$485,000
Sold Price
$490,000
Premium/Discount to List
$5,000
1.03%
Current Estimated Value
$676,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,935
Avg. Annual Appreciation
6.35%
Original Mortgage
$441,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2009
Sold by
Butkowski Jon P
Bought by
Brown Christopher and Brown Margaret

Purchase Details

Closed on
Mar 1, 2001
Sold by
Butkowski John P
Bought by
Butkowski John P and Butkowski Mary E
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
Riccini Marc $490,000 Masters Title & Escrow
Brown Christopher $350,000 --
Butkowski John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riccini Marc $441,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $490,000 +1.0% $296 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $485,000 -- $293 / 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 $5,817 $492,300 -- --
2024 $5,817 $479,900 $0 $0
2023 $5,639 $467,500 $351,000 $116,500
2022 $4,180 $440,633 $0 $0
2021 $8,175 $413,767 $0 $0
2020 $3,956 $386,900 $276,000 $110,900
2019 $3,886 $375,200 $0 $0
2018 $3,686 $363,500 $0 $0
2017 $3,651 $351,800 $0 $0
2016 -- $332,000 $0 $0
2015 -- $312,200 $0 $0
2014 -- $292,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA447066

Bright MLS

APN: 01-155-01159800