NOT LISTED FOR SALE

2950 Edgewater Dr Edgewater, MD 21037

Estimated Value: $761,763 - $1,061,000

3 Beds
2 Baths
1,574 Sq Ft
$576/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $699,000 $444 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,274/month

Highlights

  • 1 Fireplace
  • No HOA
  • 1 Car Detached Garage
  • South River High School Rated A
  • Cottage
  • More Than Two Accessible Exits

About This Home

As of September 2020

This private non-riparian waterfront cottage in the hidden treasure of Edgewater Beach sits high over the South River with incredible expansive views. This original gem is an incredible opportunity to create your waterfront dream home for an affordable price. Although non-riparian, this lot sits one lot away from the community dock with extremely affordable boat slips available... waterfront living without the upkeep! Just a short drive to Rte 50 and the Annapolis Towne Centre, this is a rare find in the Annapolis area. PHOTOS COMING SOON.

Last Agent to Sell the Property

Kirstin Whitaker

(443) 370-4203 kirstin.whitaker@lnf.com Long & Foster Real Estate, Inc. License #663359 Listed on: 09/05/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jackie Reinauer

(410) 212-9079 jkr@lnf.com Long & Foster Real Estate, Inc. License #609397

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,314

Year Built

  • Built in 1925

Lot Details

  • 0.29 Acre Lot
  • Property is zoned R2

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Cottage

Interior Spaces

  • 1,574 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

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

Community Details

  • No Home Owners Association
  • Edgewater Beach Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 020124008124150

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,314

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 1574
  • Living Area Sq Ft: 1574
  • Price Per Sq Ft: 444.09
  • Above Grade Finished Sq Ft: 1574
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Oil
  • 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: 123300.00
  • Land Assessed Value: 282300.00
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12838.00
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15157498
  • Tax Annual Amount: 4314.00
  • Assessor Parcel Number: 020124008124150
  • Tax Lot: 25
  • 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 5, 2020
Closed on
Sep 30, 2020
Sold by
Levin James J
Bought by
Douglas Robert William
Seller's Agent
Kirstin Whitaker
Long & Foster Real Estate, Inc.
Buyer's Agent
Jackie Reinauer
Long & Foster Real Estate, Inc.
List Price
$699,000
Sold Price
$699,000
Current Estimated Value
$906,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,441
Avg. Annual Appreciation
5.06%
Original Mortgage
$510,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2003
Sold by
Taylor Michael C
Bought by
Levin James J

Purchase Details

Closed on
Oct 5, 1992
Sold by
Martin Wayne W
Bought by
Taylor Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,300
Interest Rate
7.93%
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
Douglas Robert William $699,000 Sage Title Group Llc
Levin James J $480,000 --
Taylor Michael C $261,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Douglas Robert William $510,400
Previous Owner Douglas Robert William $48,800
Previous Owner Taylor Michael C $202,300
Closed Levin James J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $699,000 0.0% $444 / Sq Ft
09/05/2020 09/05/20 For Sale $699,000 -- $444 / 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 $6,465 $549,933 -- --
2024 $6,465 $539,067 $0 $0
2023 $6,302 $528,200 $372,300 $155,900
2022 $5,583 $487,333 $0 $0
2021 $10,312 $446,467 $0 $0
2020 $4,270 $405,600 $282,300 $123,300
2019 $8,172 $383,667 $0 $0
2018 $3,668 $361,733 $0 $0
2017 $3,933 $339,800 $0 $0
2016 -- $339,800 $0 $0
2015 -- $339,800 $0 $0
2014 -- $366,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA445680

Bright MLS

APN: 01-240-08124150