NOT LISTED FOR SALE

331 Maryland Ave Edgewater, MD 21037

Estimated Value: $362,000 - $387,000

2 Beds
1 Bath
908 Sq Ft
$410/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $300,000 $330 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,274/month

Highlights

  • 5 Dock Slips
  • Home fronts navigable water
  • Boat Ramp
  • Central Middle School Rated A-
  • Canoe or Kayak Water Access
  • Fishing Allowed

About This Home

As of September 2021

Listed & Sold Simultaneously

Last Agent to Sell the Property

James Fegan

(410) 353-0956 jj@jjfegan.com RE/MAX Executive Listed on: 09/02/2021

RE/MAX Executive

Co-Listed By

Michelle Fegan

(908) 391-1489 michellewithjjfegan@gmail.com RE/MAX Executive

Last Buyer's Agent

Jason Donovan

(410) 726-1800 jason@donovan.team RE/MAX Leading Edge

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,951

Year Built

  • Built in 1926

Lot Details

  • 7,092 Sq Ft Lot
  • Home fronts navigable water
  • Property is zoned R5

Parking

  • Circular Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 908 Sq Ft Home
  • Property has 1.5 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Swimming Allowed
  • Boat Ramp
  • 5 Dock Slips
  • Physical Dock Slip Conveys

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 020104600987000

Community Details

Overview

  • No Home Owners Association
  • Beverley Beach Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,951

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1926
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Other
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 908
  • Living Area Sq Ft: 908
  • Price Per Sq Ft: 330.40
  • Above Grade Finished Sq Ft: 908
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway
  • Type Of Parking: Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 75900.00
  • Land Assessed Value: 201900.00
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7092.00
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15156365
  • Tax Annual Amount: 2951.00
  • Assessor Parcel Number: 020104600987000
  • Tax Lot: 19
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Sep 30, 2021
Sold by
Morrison Linda
Bought by
Davis Derek and Davis Kimberly
Seller's Agent
James Fegan
RE/MAX Executive
Buyer's Agent
Jason Donovan
RE/MAX Leading Edge
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$372,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,273
Avg. Annual Appreciation
5.30%
Original Mortgage
$285,000
Outstanding Balance
$259,893
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$112,380

Purchase Details

Listed on
Sep 27, 2013
Closed on
Nov 7, 2013
Sold by
Marketro South Inc
Bought by
Morrison Linda
Seller's Agent
Cynthia Taylor-Hicks
W F Chesley Real Estate, LLC.
Buyer's Agent
Sherry Smith
Help-U-Sell Federal City Realty, LLC
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.08%
Original Mortgage
$241,821
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2013
Closed on
Jul 24, 2013
Sold by
Davis George Andrew and Davis Judith Raye
Bought by
Marketpro South Inc
Seller's Agent
Donieta Kneessi
Kneessi Elite Realty LLC.
Buyer's Agent
Cynthia Taylor-Hicks
W F Chesley Real Estate, LLC.
List Price
$189,900
Sold Price
$120,000
Premium/Discount to List
-$69,900
-36.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1245.31%

Purchase Details

Closed on
Jan 26, 1995
Sold by
Jones Kim E
Bought by
Davis Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,400
Interest Rate
9.24%

Purchase Details

Closed on
Dec 15, 1989
Sold by
Semenuk William P
Bought by
Jones Kim E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
9.75%
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
Davis Derek $300,000 Eagle Title Llc
Morrison Linda $255,000 Dunns Title & Escrow Inc
Marketpro South Inc $120,000 None Available
Davis Mark A $115,500 --
Jones Kim E $38,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Derek $285,000
Previous Owner Morrison Linda $241,821
Previous Owner Davis Mark A $115,400
Previous Owner Jones Kim E $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $300,000 0.0% $330 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $300,000 +17.6% $330 / Sq Ft
11/08/2013 11/08/13 Sold $255,000 -7.3% $281 / Sq Ft View Prior Sale
10/05/2013 10/05/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $275,000 +129.2% $303 / Sq Ft
07/25/2013 07/25/13 Sold $120,000 -29.4% $132 / Sq Ft View Prior Sale
07/12/2013 07/12/13 Pending -- -- --
06/25/2013 06/25/13 Price Changed $169,900 -5.6% $187 / Sq Ft
06/03/2013 06/03/13 Price Changed $179,900 -5.3% $198 / Sq Ft
05/23/2013 05/23/13 For Sale $189,900 -- $209 / 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 $3,770 $309,800 -- --
2024 $3,770 $293,800 $0 $0
2023 $3,557 $277,800 $201,900 $75,900
2022 $3,299 $269,767 $0 $0
2021 $6,431 $261,733 $0 $0
2020 $3,091 $253,700 $181,900 $71,800
2019 $3,009 $240,867 $0 $0
2018 $2,312 $228,033 $0 $0
2017 $2,676 $215,200 $0 $0
2016 -- $205,800 $0 $0
2015 -- $196,400 $0 $0
2014 -- $187,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2008956

Bright MLS

APN: 01-046-00987000