NOT LISTED FOR SALE

324 Colony Point Place Edgewater, MD 21037

Edgewater Area

Estimated Value: $583,203 - $610,000

2 Beds
2 Baths
2,637 Sq Ft
$227/Sq Ft Est. Value

Sale Details

Date Sold: June 23, 2023

Last sale price $530,000 $201 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,906 / mo

40 Days on Market

Highlights

  • Active Adult
  • Craftsman Architecture
  • Attic
  • Open Floorplan
  • Wood Flooring
  • Community Pool

About This Home

As of June 2023

Main level living in the sought after 55+ community- The Villas of South River Colony. The one level living home features 2 bedrooms, 2 full baths, family room with gas fireplace and nice patio backing to trees, and a one car garage. This home is in great shape with hardwood floors and carpet in the bedrooms and family room area. Great amenities at this community including a pool. Close to downtown Annapolis and just an hour from Baltimore or DC. Don't miss your opportunity to buy now!

Last Agent to Sell the Property

Samantha Grimes

(410) 476-2201 samgrimes1097@gmail.com Chesapeake Real Estate Associates, LLC License #535569 Listed on: 04/13/2023

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,598

Year Built

  • Built in 1997

Lot Details

  • 3,187 Sq Ft Lot

HOA Fees

  • $194 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,637 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Breakfast Area or Nook
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Central Middle School
  • South River High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 58R
  • Assessor Parcel Number 020175390091130

Community Details

Overview

  • Active Adult
  • $21 Other Monthly Fees
  • Active Adult | Residents must be 55 or older
  • South River Colony HOA
  • South River Colony Subdivision

Amenities

  • Common Area
  • Community Center

Recreation

  • Community Pool
  • Jogging Path

Pet Policy

  • Pets allowed on a case-by-case basis

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,598

Year Built

Built in 1997

Lot Details

3,187 Sq Ft Lot

HOA Fees

$194 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-04-13
  • Federal Flood Zone: No
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Family Room Off Kitchen, Floor Plan - Open, Pantry, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2637
  • Living Area Sq Ft: 2637
  • Price Per Sq Ft: 205.16
  • Above Grade Finished Sq Ft: 2637
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 194.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Jog/Walk Path, Community Center, Common Grounds
  • HOA Name: SOUTH RIVER COLONY
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 250.00
  • Other Fees Frequency: Annually

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 262300.00
  • Land Assessed Value: 150000.00
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3187.00
  • Zoning: R10
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15161955
  • Tax Annual Amount: 4598.00
  • Assessor Parcel Number: 020175390091130
  • Tax Lot: 58R
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jun 23, 2023
Sold by
Bought by
Seller's Agent
Samantha Grimes
Chesapeake Real Estate Associates, LLC
List Price
$551,000
Sold Price
$530,000
Premium/Discount to List
-$21,000
-3.81%
Views
158
Current Estimated Value
$598,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,551
Avg. Annual Appreciation
3.94%
Original Mortgage
$190,000
Outstanding Balance
$183,008
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$415,543

Purchase Details

Closed on
Oct 8, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1997
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Edgewater, MD

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$530,000 Eagle Title
$340,000 --
$197,050 --
$171,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $190,000
Previous Owner $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/23/2023 06/23/23 Sold $530,000 -2.0% $201 / Sq Ft
05/01/2023 05/01/23 Price Changed $541,000 -1.8% $205 / Sq Ft
04/13/2023 04/13/23 For Sale $551,000 -- $209 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,070 $467,567
2024 $5,070 $439,933 $0 $0
2023 $4,920 $412,300 $150,000 $262,300
2022 $4,633 $407,333 $0 $0
2020 $4,491 $397,400 $150,000 $247,400
2019 $4,466 $394,667 $0 $0
2018 $3,974 $391,933 $0 $0
2017 $4,271 $389,200 $0 $0
2016 -- $380,800 $0 $0
2015 -- $372,400 $0 $0
2014 -- $364,000 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: MDAA2057664

Bright MLS

APN: 01-753-90091130

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