NOT LISTED FOR SALE

305 Edgewater Dr Edgewater, MD 21037

Estimated Value: $619,489 - $1,680,000

5 Beds
3.5 Baths
2,218 Sq Ft
$480/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $625,000 $282 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,003/month

Highlights

  • 65 Feet of Waterfront
  • 1 Dock Slip
  • Cape Cod Architecture
  • South River High School Rated A
  • Pier
  • Stream or River on Lot

About This Home

As of May 2017

DEEP WATER ON SOUTH RIVER-5Br 3.5 Ba-overlooking private pier w/ Elec & Water-great fishing & crabbing-dock will accommodate up to 50 foot power or sailboat-Sep In-Law Apt w/sep entrance-conveniently located to Rt 50 & Rt 97- downtown Annapolis in 10 minutes-water priv comm w/boat ramp, dock & sandy beach

Last Agent to Sell the Property

James Fegan

(410) 353-0956 jj@jjfegan.com RE/MAX Executive Listed on: 03/24/2017

RE/MAX Executive

Last Buyer's Agent

James Fegan

(410) 353-0956 jj@jjfegan.com RE/MAX Executive Listed on: 03/24/2017

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,242

Year Built

  • Built in 1950

Lot Details

  • 0.31 Acre Lot
  • 65 Feet of Waterfront
  • Property is zoned R2

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 3.5 Bathrooms
  • Whirlpool Bathtub

Parking

  • Gravel Driveway
  • On-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Pier
  • Water Oriented
  • River Nearby
  • Rip-Rap
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 3 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Oil Water Heater
  • Water Conditioner is Owned
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Chestnut Hill Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 020115502699250

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,242

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Water Heater, Water Conditioner - Owned, Refrigerator, Oven/Range - Electric
  • Interior Amenities: Family Room Off Kitchen, Dining Area, Whirlpool/Hottub
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Water Access: No
  • Water Body Name: SOUTH RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 65

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway, On Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Oil
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 176200.00
  • Land Assessed Value: 675500.00
  • Lot Size Acres: 0.31
  • Lot Size Area: 13400
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13400.00
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15157119
  • Tax Annual Amount: 8241.85
  • Assessor Parcel Number: 020115502699250
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2020
Sold by
Marhamati Ray M and Marhamati Mahvash
Bought by
Ernest Brian and Ernest Nina
Current Estimated Value
$1,065,122

Purchase Details

Closed on
Sep 1, 2017
Sold by
Marhamati Ray M and Marhamati Mahvash
Bought by
Ernest Brian

Purchase Details

Listed on
Mar 24, 2017
Closed on
May 5, 2017
Sold by
Granum Roger B and Roger B Granum Revocable Trust
Bought by
Marhamati Ray M and Marhamati Mahvash E
Seller's Agent
James Fegan
RE/MAX Executive
Buyer's Agent
James Fegan
RE/MAX Executive
List Price
$685,000
Sold Price
$625,000
Premium/Discount to List
-$60,000
-8.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
Oct 24, 2011
Sold by
Granum Roger B
Bought by
Granum Roger B

Purchase Details

Closed on
Jul 26, 2011
Sold by
Granum Roger B
Bought by
Granum Roger B

Purchase Details

Closed on
May 19, 1997
Sold by
Satterlee Peter H
Bought by
Granum Roger B
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
Ernest Brian -- None Available
Ernest Brian -- None Available
Marhamati Ray M $625,000 Eagle Title Llc
Granum Roger B -- --
Granum Roger B -- --
Granum Roger B $315,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $625,000 -8.8% $282 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $685,000 -- $309 / 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 $5,192 $422,800 $412,400 $10,400
2024 $5,192 $422,800 $412,400 $10,400
2023 $5,176 $425,100 $417,400 $7,700
2022 $4,930 $424,867 $0 $0
2020 $4,886 $424,400 $417,400 $7,000
2019 $9,655 $424,400 $417,400 $7,000
2018 $4,303 $424,400 $417,400 $7,000
2017 $9,122 $851,700 $0 $0
2016 -- $773,500 $0 $0
2015 -- $695,300 $0 $0
2014 -- $617,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002360660

Bright MLS

APN: 01-155-02699250