$225,000
SOLD SEP 24, 2013

313 Cadle Ave Edgewater, MD 21037

4 Beds
2 Baths
1,920 Sq Ft
7,750 Sq Ft Lot

Recently Sold

$117 Per Sq Ft

34% Below List Price

116 Days on Market

Highlights

  • 5 Boat Docks
  • Water Views
  • Water Access
  • Central Middle School Rated A-
  • Home fronts navigable water
  • Colonial Architecture

About This Home

As of May 2023

Great water view in a wonderful community that boasts a beach right on the Chesapeake Bay, boat slips and a launching ramp. Minutes to fishing, water sports and all areas of the Chesapeake Bay.

Last Agent to Sell the Property

James Reece

RE/MAX Leading Edge Listed on: 04/20/2013

Last Buyer's Agent

Nicole Callender

Keller Williams Realty Delmarva License #597764

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,178

Year Built

  • Built in 1946

Lot Details

  • 7,750 Sq Ft Lot
  • Home fronts navigable water
  • Property is in below average condition
  • Property is zoned R5

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Water Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • 5 Boat Docks
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Shed

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Electric Water Heater

Community Details

  • Beverley Beach Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 020104607226550

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,178

Year Built

Built in 1946

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1946
  • Remarks Public: Great water view in a wonderful community that boasts a beach right on the Chesapeake Bay, boat slips and a launching ramp. Minutes to fishing, water sports and all areas of the Chesapeake Bay.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Family Room, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 313

Beds/Baths

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

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Dock Type: Multiple Slip
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: CADLE CREEK
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 25.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 142000.00
  • Land Assessed Value: 131500.00
  • Lot Size Acres: 0.18
  • Lot Size Area: 7750
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7750.00
  • Property Condition: Below Average
  • Year Assessed: 2013
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15156578
  • Tax Annual Amount: 3177.96
  • Assessor Parcel Number: 020104607226550
  • Tax Lot: 9
  • Tax Total Finished Sq Ft: 2328
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 09/24/2013

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2013
Closed on
Sep 23, 2013
Sold by
Cosgrove Peter W and Cosgrove Gayle A
Bought by
Vezer Adam
Seller's Agent
James Reece
RE/MAX Leading Edge
Buyer's Agent
Nicole Callender
Keller Williams Realty Delmarva
List Price
$339,000
Sold Price
$225,000
Premium/Discount to List
-$114,000
-33.63%
Current Estimated Value
$585,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,846
Avg. Annual Appreciation
8.40%
Original Mortgage
$180,000
Interest Rate
4.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 1988
Sold by
Deiso Barbara N
Bought by
Cosgrove Peter W and Cosgrove Gayle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,900
Interest Rate
10.44%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $225,000 Signature Title & Settlement
Deed $121,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $298,000 New Conventional
Closed $221,000 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner $117,750 New Conventional
Previous Owner $121,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 Sold $529,900 0.0% $228 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/22/2023 04/22/23 Price Changed $529,900 +6.2% $228 / Sq Ft
04/21/2023 04/21/23 For Sale $499,000 +121.8% $214 / Sq Ft
09/24/2013 09/24/13 Sold $225,000 -10.0% $117 / Sq Ft
08/14/2013 08/14/13 Pending -- -- --
06/14/2013 06/14/13 Price Changed $250,000 -16.5% $130 / Sq Ft
05/11/2013 05/11/13 Price Changed $299,500 +3.5% $156 / Sq Ft
05/08/2013 05/08/13 Price Changed $289,500 -3.3% $151 / Sq Ft
04/29/2013 04/29/13 Price Changed $299,500 -11.7% $156 / Sq Ft
04/20/2013 04/20/13 For Sale $339,000 -- $177 / 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
2024 $4,714 $380,067 $0 $0
2023 $4,338 $349,300 $203,400 $145,900
2022 $3,736 $339,933 $0 $0
2021 $7,336 $330,567 $0 $0
2020 $3,561 $321,200 $183,400 $137,800
2019 $3,539 $306,667 $0 $0
2018 $2,962 $292,133 $0 $0
2017 $3,312 $277,600 $0 $0
2016 -- $276,233 $0 $0
2015 -- $274,900 $0 $0
2014 -- $273,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003466870

Bright MLS

APN: 01-046-07226550