NOT LISTED FOR SALE

2928 Chestnut Rd Edgewater, MD 21037

Estimated Value: $495,562 - $609,000

4 Beds
2 Baths
1,434 Sq Ft
$395/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $400,000 $279 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,326/month

1 Day on Market

Highlights

  • 5 Dock Slips
  • Home fronts navigable water
  • Above Ground Pool
  • South River High School Rated A
  • Canoe or Kayak Water Access
  • Fishing Allowed

About This Home

As of November 2020

NATURE LOVERS PARADISE IN A WATER PRIVILEGED COMMUNITY! Relax in your private, nature filled backyard. Inside the home you'll find fresh paint & new floors throughout including carpet & luxury vinyl floors. New granite countertops in the kitchen which opens up to an additional living space which could act as a family room/dining room combo. Family room has a propane stove for those chilly fall evenings. 2 bedrooms on the main for one level living-one with a private deck. Sunroom off the front of the home perfect for enjoying your morning cup of coffee. Nature filled backyard includes patio, multiple sheds & tons of bird watching! Chestnut Hill water privileged community includes pier great for crabbing/fishing, slips, boat ramp & beach on the South River. Members of Chestnut Hill allowed to join neighboring Edgewater Beach community which offers a waterfront pavilion perfect for watching fantastic sunsets. Plus another dock for crabbing/fishing & boat ramp. 1 Year Cinch Home Warranty Included

Last Agent to Sell the Property

James Fegan

(410) 353-0956 jj@jjfegan.com RE/MAX Executive Listed on: 09/07/2020

RE/MAX Executive

Last Buyer's Agent

Melissa Chick

(410) 703-2678 melissa.chick@evrealestate.com Engel & Völkers Annapolis License #663862

Engel & Völkers Annapolis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,168

Year Built

  • Built in 1950

Lot Details

  • 0.26 Acre Lot
  • Home fronts navigable water
  • Property is zoned R2

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,434 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • Family Room Off Kitchen

Kitchen

  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

Outdoor Features

  • Above Ground Pool
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • 5 Dock Slips
  • Physical Dock Slip Conveys
  • Screened Patio
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 48
  • Assessor Parcel Number 020115503044305

Community Details

Overview

  • No Home Owners Association
  • Chestnut Hill Subdivision

Recreation

  • 1 Community Docks
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,168

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-09-11
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Island, Skylight(s), Upgraded Countertops
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1434
  • Living Area Sq Ft: 1434
  • Price Per Sq Ft: 278.77
  • Above Grade Finished Sq Ft: 1434
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • 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: Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Pool Features: Above Ground
  • Water Access Features: Private Access, Fishing Allowed, Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: South River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Ceiling Fan(s)
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • 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: 92200.00
  • Land Assessed Value: 191200.00
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11220.00
  • Outdoor Living Structures: Patio(s), Screened
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15157120
  • Tax Annual Amount: 3168.00
  • Assessor Parcel Number: 020115503044305
  • Tax Lot: 48
  • 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 7, 2020
Closed on
Nov 20, 2020
Sold by
Hyde Frank M and Hilton Hyde Judith
Bought by
Pfenson Thomas C and Pfenson Elizabeth A
Seller's Agent
James Fegan
RE/MAX Executive
Buyer's Agent
Melissa Chick
Engel & Völkers Annapolis
List Price
$399,750
Sold Price
$400,000
Premium/Discount to List
$250
0.06%
Current Estimated Value
$566,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,391
Avg. Annual Appreciation
7.02%
Original Mortgage
$388,000
Outstanding Balance
$345,265
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$221,126

Purchase Details

Closed on
Apr 2, 1986
Sold by
Reid Paul A
Bought by
Hyde Frank M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
10.1%
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
Pfenson Thomas C $400,000 Bay Title Company
Hyde Frank M $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pfenson Thomas C $388,000
Previous Owner Hyde Frank M $83,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $400,000 +0.1% $279 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $399,750 -0.1% $279 / Sq Ft
09/07/2020 09/07/20 Off Market $400,000 -- --
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 $4,418 $362,633 -- --
2024 $4,418 $352,067 $0 $0
2023 $4,263 $341,500 $241,200 $100,300
2022 $3,857 $322,133 $0 $0
2021 $7,308 $302,767 $0 $0
2020 $2,538 $283,400 $191,200 $92,200
2019 $2,495 $274,200 $0 $0
2018 $2,687 $265,000 $0 $0
2017 $2,326 $255,800 $0 $0
2016 -- $248,133 $0 $0
2015 -- $240,467 $0 $0
2014 -- $232,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA444534

Bright MLS

APN: 01-155-03044305