NOT LISTED FOR SALE

314 Edgemere Dr Annapolis, MD 21403

Estimated Value: $726,048 - $862,000

4 Beds
3.5 Baths
2,270 Sq Ft
$348/Sq Ft Est. Value

Last Sold November 28, 2016

Last sale price $499,000 $220 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,672/month

17 Days on Market

Highlights

  • Boat Ramp
  • 5 Dock Slips
  • Pier
  • Hillsmere Elementary School Rated 9+
  • Beach
  • Boat or Launch Ramp

About This Home

As of November 2016

MAJOR PRICE ADJUSTMENT on this beautifully updated home in the water privileged community of Hillsmere. Features 4 bedrooms, 3.5 bathrooms,new hardwood floors, paint and carpet. A lush backyard with trex decking, an open floor plan with marble fireplace makes it perfect for entertaining. The walk out finished bright basement has an additional room that could be used as an office/sleeping area.

Last Agent to Sell the Property

Stealey Ashley

(443) 326-9041 stealey.ashley@cbmove.com Coldwell Banker Realty Listed on: 10/08/2016

Coldwell Banker Realty

Co-Listed By

Jennifer McCormick

(443) 852-0323 jennifer.mccormick@evrealestate.com Engel & Völkers Annapolis

Last Buyer's Agent

Eric McPhee

(410) 804-8432 eric@cummingsrealtors.com Cummings & Co. Realtors License #614458

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,425

Year Built

  • Built in 2004 | Remodeled in 2016

Lot Details

  • 0.34 Acre Lot
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • Partially Fenced Property
  • Landscaped
  • Partially Wooded Lot
  • Property is in very good condition
  • Property is zoned R2

HOA Fees

  • HOA YN

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Eat-In Kitchen
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Side Basement Entry
  • Basement Windows

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Sail
  • Mooring
  • Swimming Allowed
  • Boat or Launch Ramp
  • Boat Ramp
  • Physical Dock Slip Conveys
  • 5 Dock Slips
  • Stream or River on Lot
  • Waterfront Park
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Deck
  • Shed

Utilities

  • Central Air
  • Cooling System Utilizes Bottled Gas
  • Heat Pump System
  • Well
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 020241211064905

Community Details

Overview

  • Condo Association YN: No
  • Built by DREAMCRAFT HOMES INC.
  • Hillsmere Estates Subdivision, Standard Unit Floorplan
  • The community has rules related to covenants

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Beach
  • Community Playground
  • Pool Membership Available
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,425

Year Built

Built in 2004 | Remodeled in 2016

Lot Details

0

HOA Fees

$1 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 2004
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining, Kitchen - Eat-In, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Laundry, Attic
  • Basement: Yes
  • Basement Type: Side Entrance, Fully Finished, Walkout Stairs, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 2270
  • Living Area Sq Ft: 2270
  • Price Per Sq Ft: 303.59
  • Above Grade Finished Sq Ft: 1614
  • Below Grade Finished Sq Ft: 656
  • Total Below Grade Sq Ft: 656
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Exterior Features: Private Beach
  • Roof: Composite
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: SOUTH RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 15.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Boat Dock/Slip, Pier/Dock, Pool Mem Avail, Tot Lots/Playground
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 213000.00
  • Land Assessed Value: 173900.00
  • Lot Features: Landscaping, Partly Wooded
  • Lot Size Acres: 0.34
  • Lot Size Area: 14630
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14630.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R2

Building Info

  • Builder Name: DREAMCRAFT HOMES INC.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15182546
  • Tax Annual Amount: 4424.55
  • Assessor Parcel Number: 020241211064905
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Dock Slip Conveyance: First Come - First Served
  • Waterfront Features: Boat/Launch Ramp, Park, Sandy Beach

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2016
Closed on
Nov 28, 2016
Sold by
Reshetiloff Claudia B and Reshetiloff Theodore
Bought by
Massa Ncholas Xavier and Massa Ohelsea Moir
Seller's Agent
Stealey Ashley
Coldwell Banker Realty
Buyer's Agent
Eric McPhee
Cummings & Co. Realtors
List Price
$514,000
Sold Price
$499,000
Premium/Discount to List
-$15,000
-2.92%
Current Estimated Value
$790,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,262
Avg. Annual Appreciation
5.23%
Original Mortgage
$474,050
Outstanding Balance
$382,195
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$408,067

Purchase Details

Closed on
Apr 17, 2009
Sold by
Reshetiloff Claudia B
Bought by
Reshetiloff Claudia B and Reshetiloff Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,600
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2003
Sold by
Dreamcraft Homes Inc
Bought by
Reshetiloff Claudia B

Purchase Details

Closed on
Mar 10, 2003
Sold by
Stepp Robert G
Bought by
Dreamcraft Homes Inc
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
Massa Ncholas Xavier $499,000 Mi Maryland Title Co Inc
Reshetiloff Claudia B -- --
Reshetiloff Claudia B $130,000 --
Dreamcraft Homes Inc $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massa Ncholas Xavier $474,050
Previous Owner Reshetiloff Claudia B $399,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2016 11/28/16 Sold $499,000 +1.8% $220 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
10/21/2016 10/21/16 Price Changed $490,000 -4.7% $216 / Sq Ft
10/08/2016 10/08/16 For Sale $514,000 -- $226 / 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 $6,114 $568,900 -- --
2024 $6,114 $530,200 $0 $0
2023 $5,934 $491,500 $251,800 $239,700
2022 $5,575 $486,867 $0 $0
2021 $5,357 $482,233 $0 $0
2020 $5,357 $477,600 $251,800 $225,800
2019 $5,259 $459,167 $0 $0
2018 $5,011 $440,733 $0 $0
2017 $4,935 $422,300 $0 $0
2016 -- $410,500 $0 $0
2015 -- $398,700 $0 $0
2014 -- $386,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002486032

Bright MLS

APN: 02-412-11064905