NOT LISTED FOR SALE

2971 Edgewater Dr Edgewater, MD 21037

Estimated Value: $985,000 - $1,191,000

4 Beds
3 Baths
2,950 Sq Ft
$367/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $675,000 $229 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,359/month

163 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • 0.48 Acre Lot
  • South River High School Rated A
  • Eat-In Gourmet Kitchen
  • Open Floorplan

About This Home

As of October 2019

Hidden Treasure! Custom Built Beauty tucked away in quaint upscale community. Community piers and boat slips forproperty owners. Ideal location for conveniences and proximity to all Annapolis has to offer. Rare opportunity....

Last Agent to Sell the Property

Steve Belinky

(240) 304-6254 Belinkyteam@gmail.com RE/MAX United Real Estate License #SP2903 Listed on: 03/29/2019

RE/MAX United Real Estate

Co-Listed By

Ida Belinky

(240) 304-6254 Belinky@verizon.net RE/MAX United Real Estate License #77234

Last Buyer's Agent

Ms. Sharon Cimaglia

(410) 919-2543 sharoncimaglia@msn.com Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,468

Year Built

  • Built in 2017

Lot Details

  • 0.48 Acre Lot
  • Home fronts navigable water
  • Creek or Stream
  • Property is in very good condition
  • Property is zoned R2

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Stick Built Home
  • Cedar

Interior Spaces

  • 2,950 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Heatilator
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Screens
  • Family Room Off Kitchen

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Oven
  • Gas Oven or Range
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom

Home Security

  • Motion Detectors
  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Water Access
  • Deck
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Municipal Trash
  • On Site Septic

Community Details

  • $150 Recreation Fee
  • Built by Cypress Homes, LLC.
  • Edgewater Beach Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 020124000333205

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,468

Year Built

Built in 2017

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer - Electric, Icemaker, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Water Treat System, Wood Floors
  • Window Features: Double Pane, Insulated, Screens
  • Fireplace Features: Mantel(s), Heatilator, Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Tray Ceilings, Vaulted Ceilings
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Partially Finished, Rough Bath Plumb, Full
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2950
  • Living Area Sq Ft: 2950
  • Price Per Sq Ft: 233.56
  • Above Grade Finished Sq Ft: 2950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar, Stone, Stick Built, Vinyl Siding
  • Exterior Features: Exterior Lighting
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage, Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s), Zoned
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Electric Alarm, Motion Detectors, Carbon Monoxide Detector(s), Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: On Site Septic
  • Water Source: Filter, Well
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 150.00
  • Association Recreation Fee: Yes

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: EDGEWATER
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 406500.00
  • Land Assessed Value: 211200.00
  • Lot Size Acres: 0.48
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21115.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good, Good
  • Zoning: R2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Cypress Homes, LLC.

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15157350
  • Tax Annual Amount: 6468.00
  • Assessor Parcel Number: 020124000333205
  • Tax Lot: 15
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Oct 24, 2019
Sold by
Decesaris Albert G and Decesaris Sr Revocabl Albert G
Bought by
Schaus Brian M and Cimaglia Amanda S
Seller's Agent
Steve Belinky
RE/MAX United Real Estate
Buyer's Agent
Ms. Sharon Cimaglia
Coldwell Banker Realty
List Price
$697,500
Sold Price
$675,000
Premium/Discount to List
-$22,500
-3.23%
Current Estimated Value
$1,082,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,670
Avg. Annual Appreciation
7.91%
Original Mortgage
$506,250
Outstanding Balance
$444,853
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$637,817

Purchase Details

Closed on
Jul 19, 2017
Sold by
Cypress Homes Llc
Bought by
Decesaris Albert G and The Albert G Decesaris Sr Revo

Purchase Details

Closed on
Mar 23, 2007
Sold by
Molloy Margaret B
Bought by
Margaret B Molloy Living Trust

Purchase Details

Closed on
Mar 2, 2007
Sold by
Molloy Margaret B
Bought by
Margaret B Molloy Living Trust and William E Molloy Living Trust

Purchase Details

Closed on
Apr 4, 1995
Sold by
Oneill Margaret A
Bought by
Molloy William 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
Schaus Brian M $675,000 Mid Atlantic Setmnt Svcs Llc
Decesaris Albert G $425,000 Capitol Title Ins Agcy Inc
Margaret B Molloy Living Trust -- --
Margaret B Molloy Living Trust -- --
Molloy William E $5,174 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaus Brian M $506,250
Closed Schaus Brian M $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2019 10/24/19 Sold $675,000 -2.0% $229 / Sq Ft
09/08/2019 09/08/19 Pending -- -- --
07/29/2019 07/29/19 Price Changed $689,000 -0.8% $234 / Sq Ft
06/01/2019 06/01/19 Price Changed $694,900 -0.4% $236 / Sq Ft
03/29/2019 03/29/19 For Sale $697,500 +634.2% $236 / Sq Ft
12/22/2016 12/22/16 Sold $95,000 -26.6% -- View Prior Sale
03/09/2015 03/09/15 Pending -- -- --
06/20/2014 06/20/14 For Sale $129,500 -- --
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 $8,274 $730,167 -- --
2024 $8,274 $704,233 $0 $0
2023 $7,941 $678,300 $271,200 $407,100
2022 $7,367 $658,100 $0 $0
2021 $14,313 $637,900 $0 $0
2020 $6,908 $617,700 $211,200 $406,500
2019 $13,702 $611,633 $0 $0
2018 $6,140 $605,567 $0 $0
2017 $1,060 $103,200 $0 $0
2016 -- $103,200 $0 $0
2015 -- $103,200 $0 $0
2014 -- $103,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA393844

Bright MLS

APN: 01-240-00333205