NOT LISTED FOR SALE

2924 Edgewater Dr Edgewater, MD 21037

Estimated Value: $1,696,000 - $2,367,000

5 Beds
6.5 Baths
6,400 Sq Ft
$330/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $1,975,000 $309 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,681/month

Highlights

  • 50 Feet of Waterfront
  • 3 Dock Slips
  • Guest House
  • South River High School Rated A
  • Pier
  • Spa

About This Home

As of December 2023

Exquisite waterfront property in Edgewater available for rent. Truly unique and custom waterfront home on the highly sought-after South River with expansive views. Deep water extensive pier system with multiple boat lifts and slips, including a covered slip. No details have been spared in this spectacular four-level home, chef's kitchen with commercial grade appliances, a luxurious owner's suite, a complete home theater system, a separate in-law or guest house with kitchenette and full bath, a whole home generator backup system, geothermal HVAC system, radiant heated flooring in the lower level, the home was built with elevator shaft so an elevator can be added, smart home automation system, patio with outdoor fireplace and cooking grill, hot tub, deck, and enclosed porch. Just minutes to Annapolis, restaurants, and shopping. Please note that the estimated square footage includes the guest house living area, and the total bed and bath count includes the guest house bedroom and bathroom.

Last Agent to Rent the Property

Dawn Whaley

(410) 570-2243 dawn.whaley@redfin.com Redfin Corp License #0651795 Listed on: 10/25/2023

Redfin Corp

Last Renter's Agent

Steven Knopf

(443) 995-5805 steve.knopf@engelvoelkers.com Engel & Völkers Annapolis

Engel & Völkers Annapolis

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 0.27 Acre Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Landscaped
  • Private Lot
  • Partially Wooded Lot
  • Property is in excellent condition
  • Property is zoned R2

Parking

  • 2 Car Detached Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Cedar

Interior Spaces

  • Property has 4 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Low Emissivity Windows
  • Insulated Windows
  • Bay Window
  • Atrium Windows
  • French Doors
  • Insulated Doors
  • Six Panel Doors
  • Mud Room
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Screened Porch
  • Storage Room
  • Utility Room
  • Home Gym
  • River Views
  • Home Security System

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Six Burner Stove
  • Cooktop
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Shelving
  • Workshop
  • Basement Windows

Outdoor Features

  • Spa
  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Electric Hoist or Boat Lift
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 3 Powered Boats Permitted
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Shed

Additional Homes

  • Guest House

Schools

  • Edgewater Elementary School
  • Central Middle School
  • South River High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Geothermal Heating and Cooling
  • Water Treatment System
  • Well
  • Bottled Gas Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $10,000
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 12/1/23
  • $50 Application Fee
  • Assessor Parcel Number 020124000812000

Community Details

Overview

  • No Home Owners Association
  • Edgewater Beach Citizens Association
  • Edgewater Beach Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2023-12-01
  • Application Fee: 50.00
  • Pet Deposit: 1500.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 10000.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Dishwasher, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Six Burner Stove, Stainless Steel Appliances, Washer, Water Heater, Dryer
  • Flooring Type: Wood, Ceramic Tile
  • Interior Amenities: Breakfast Area, Built-Ins, Butlers Pantry, Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Gourmet, Family Room Off Kitchen, Kitchen - Island, Recessed Lighting, Primary Bath(s), Soaking Tub, Tub Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Water Treat System, Whirlpool/Hottub, Wood Floors, Exposed Beams, Formal/Separate Dining Room
  • Window Features: Bay/Bow, Atrium, Low-E, Insulated
  • Fireplace Features: Mantel(s), Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Insulated, Six Panel, French
  • Wall Ceiling Types: 9'+ Ceilings, Vaulted Ceilings, Wood Ceilings, Beamed Ceilings
  • Foundation Details: Other
  • Levels Count: 4
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Foyer, Bedroom 1, Exercise Room, Mud Room, Office, Recreation Room, Storage Room, Utility Room, Media Room, Bathroom 1, Bathroom 2, Bathroom 3, Screened Porch
  • Basement: Yes
  • Basement Type: Interior Access, Outside Entrance, Walkout Level, Windows, Workshop, Connecting Stairway, Daylight, Partial, Rear Entrance, Shelving, Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 6685
  • Living Area Sq Ft: 6400
  • Price Per Sq Ft: 1.50
  • Above Grade Finished Sq Ft: 5000
  • Below Grade Finished Sq Ft: 1400
  • Below Grade Sq Ft: 285
  • Total Below Grade Sq Ft: 1685
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 5
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Guest House, Garage(s), Shed
  • Construction Materials: Cedar
  • Exterior Features: Exterior Lighting, Hot Tub
  • Roof: Composite
  • View: River, Water
  • Water Access Features: Boat - Powered, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Waterski/Wakeboard, Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: South River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Private
  • Garage Features: Additional Storage Area, Garage Door Opener, Garage - Rear Entry, Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Geo-Thermal
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Security: Security System
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Name: EDGEWATER BEACH CITIZENS ASSOCIATION
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent
  • Elementary School: EDGEWATER
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Lot Info

  • Horses: No
  • Lot Features: Landscaping, Partly Wooded, Private
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11566.00
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s), Porch(es), Enclosed
  • Property Condition: Excellent
  • Zoning: R2

Tax Info

  • Assessor Parcel Number: 020124000812000

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2017
Closed on
Oct 31, 2017
Sold by
Cameron Brian E and Cameron Deborah J
Bought by
Carver Michael D and Kreulen Bradley S
Seller's Agent
Charlie Buckley
Long & Foster Real Estate, Inc.
Buyer's Agent
Dawn Whaley
Redfin Corp
List Price
$2,495,000
Sold Price
$1,975,000
Premium/Discount to List
-$520,000
-20.84%
Current Estimated Value
$2,114,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,482
Avg. Annual Appreciation
0.84%
Original Mortgage
$1,580,000
Outstanding Balance
$1,323,264
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$791,218

Purchase Details

Closed on
Nov 17, 2004
Sold by
Brace Larry H
Bought by
Cameron Brian E and Cameron Deborah J
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
Carver Michael D $1,975,000 Advnate Title Co
Cameron Brian E $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carver Michael D $1,580,000
Closed Cameron Brian E --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2023 12/01/23 Rented $7,500 0.0% --
10/25/2023 10/25/23 For Rent $7,500 +8.7% --
11/01/2022 11/01/22 Rented $6,900 0.0% --
09/26/2022 09/26/22 Price Changed $6,900 -8.0% $1 / Sq Ft
09/06/2022 09/06/22 For Rent $7,500 0.0% --
09/03/2022 09/03/22 Off Market $7,500 -- --
08/06/2022 08/06/22 For Rent $7,500 0.0% --
08/05/2022 08/05/22 Off Market $7,500 -- --
08/05/2022 08/05/22 For Rent $7,500 +7.1% --
04/30/2021 04/30/21 Rented $7,000 0.0% --
04/28/2021 04/28/21 Under Contract -- -- --
04/24/2021 04/24/21 For Rent $7,000 0.0% --
10/13/2017 10/13/17 Sold $1,975,000 -1.3% $329 / Sq Ft View Prior Sale
08/17/2017 08/17/17 Pending -- -- --
06/30/2017 06/30/17 Price Changed $2,000,000 -19.8% $333 / Sq Ft
04/22/2017 04/22/17 For Sale $2,495,000 -- $416 / 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 $19,230 $1,814,833 -- --
2024 $19,230 $1,704,767 $0 $0
2023 $17,414 $1,594,700 $846,500 $748,200
2022 $16,233 $1,553,433 $0 $0
2021 $30,357 $1,512,167 $0 $0
2020 $14,848 $1,470,900 $846,500 $624,400
2019 $28,325 $1,391,667 $0 $0
2018 $13,308 $1,312,433 $0 $0
2017 $10,948 $1,233,200 $0 $0
2016 -- $1,145,067 $0 $0
2015 -- $1,056,933 $0 $0
2014 -- $968,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2072094

Bright MLS

APN: 01-240-00812000