NOT LISTED FOR SALE

342 Riverside Rd Edgewater, MD 21037

Estimated Value: $810,000 - $1,320,100

0.94 Acre
$1,244,176 Price per Acre
40,946 Sq Ft Lot

Last Sold February 11, 2022

Last sale price $1,200,000 $592 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,929/month

Highlights

  • 34 Feet of Waterfront
  • Boat Ramp
  • Beach
  • Central Middle School Rated A-
  • 3 Dock Slips
  • Fishing Allowed

About This Lot

As of February 2022

NOW is your chance to build your waterfront dream home on nearly an acre homesite with wildly captivating views of Warehouse Creek and the South River with breathtaking sunrises and 34 feet of water frontage with an estimated 15 ft + of water depth on the west side of your pier and three boat slips. Whether you want to relax on an Adirondack chair, cozy up to a roaring fire at your fire pit, cast a line, launch a kayak or power up your boat, you can do it all from the comfort of your own home. Live a life on vacation 365 days a year! South River Park is a small community of 115 homes and enjoys a community clubhouse, a boat launch ramp, two piers for fishing, crabbing or sunbathing, two kayak/paddle board racks, three boat slips for rent and a community park and garden. Edgewater is conveniently located to major commuter routes, amazing seafood restaurants and steakhouses, quaint coffee shops, shopping and several local parks. South River Park is happily still a small waterside community of friends & neighbors!

Last Agent to Sell the Property

Diane Donnelly

(443) 214-3852 clientcare@tdgmoves.com Keller Williams Flagship License #602292 Listed on: 01/31/2022

Keller Williams Flagship

Last Buyer's Agent

Jeannie Miller

(301) 693-8427 Jeannie.miller@lnf.com Long & Foster Real Estate, Inc. License #667087

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,539

Lot Details

  • 0.94 Acre Lot
  • 34 Feet of Waterfront
  • Home fronts navigable water
  • Private Lot
  • Premium Lot
  • Back Yard
  • Property is zoned R5

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • River
  • Panoramic

Utilities

  • Well

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 020174609123116

Community Details

Overview

  • Association fees include common area maintenance, pier/dock maintenance
  • South River Park Citizens Association
  • South River Park Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • 1 Community Docks
  • Beach
  • Fishing Allowed
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Sail
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$8,539

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • Automatically Close On Close Date: No
  • Remarks Public: NOW is your chance to build your waterfront dream home on nearly an acre homesite with wildly captivating views of Warehouse Creek and the South River with breathtaking sunrises and 34 feet of water frontage with an estimated 15 ft + of water depth on the west side of your pier and three boat slips. Whether you want to relax on an Adirondack chair, cozy up to a roaring fire at your fire pit, cast a line, launch a kayak or power up your boat, you can do it all from the comfort of your own home. Live a life on vacation 365 days a year! South River Park is a small community of 115 homes and enjoys a community clubhouse, a boat launch ramp, two piers for fishing, crabbing or sunbathing, two kayak/paddle board racks, three boat slips for rent and a community park and garden. Edgewater is conveniently located to major commuter routes, amazing seafood restaurants and steakhouses, quaint coffee shops, shopping and several local parks. South River Park is happily still a small waterside community of friends & neighbors!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 29.31
  • Street Number Modifier: 342

Exterior Features

  • Construction Completed: No
  • View: Water, River, Panoramic
  • Water Access Features: Boat - Powered, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: south river
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 34

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Dock/Slip, Boat Ramp, Picnic Area, Pier/Dock, Club House
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance
  • HOA Name: SOUTH RIVER PARK CITIZENS ASSOCIATION
  • HOA: Yes

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 109500.00
  • Land Use Code: R
  • Lot Features: Premium, Rear Yard, Private
  • Lot Size Acres: 0.94
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40945.00
  • Year Assessed: 2021
  • Zoning: R5
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15160638
  • Tax Annual Amount: 8539.00
  • Assessor Parcel Number: 020174609123116
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/11/2022

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Feb 11, 2022
Sold by
Wilcox Vera M
Bought by
Suhas Shamsheesh K and Lubaba Fariha
Seller's Agent
Diane Donnelly
Keller Williams Flagship
Buyer's Agent
Jeannie Miller
Long & Foster Real Estate, Inc.
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,169,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,475
Avg. Annual Appreciation
-0.70%
Source: Public Records

Range of Values:

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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
Suhas Shamsheesh K $1,200,000 Eagle Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $1,200,000 0.0% $592 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $1,200,000 -- $592 / 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 $8,443 $698,433 -- --
2024 $8,443 $697,767 $0 $0
2023 $9,824 $828,800 $691,600 $137,200
2022 $8,021 $697,700 $0 $0
2021 $11,667 $784,500 $0 $0
2020 $5,695 $769,100 $659,600 $109,500
2019 $4,202 $729,300 $0 $0
2018 $6,992 $689,500 $0 $0
2017 $5,161 $649,700 $0 $0
2016 -- $647,333 $0 $0
2015 -- $644,967 $0 $0
2014 -- $642,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2018226

Bright MLS

APN: 01-746-09123116