NOT LISTED FOR SALE

3507 Marthas Vineyard Way Edgewater, MD 21037

Harwood Neighborhood

Estimated Value: $827,444 - $909,000

5 Beds
3.5 Baths
3,406 Sq Ft
$253/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $792,000 $233 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,118/month

10 Days on Market

Highlights

  • 2.24 Acre Lot
  • Colonial Architecture
  • 2 Car Attached Garage
  • Central Middle School Rated A-
  • Wooded Lot
  • Central Air

About This Home

As of April 2024

Unique find! This beautiful 5 bedroom, 3.5 bathroom home is located in a rural setting, with farms all around, adjacent to the historic Larkin Hundred Farm, yet close to DC, Baltimore, Ft. Meade and Annapolis. Martha's Vineyard is a nine home community of large lots in a tranquil setting. It’s like Shangri la! This colonial offers ample space and privacy while being tucked away on 2.24 acres. The main level offers a great space for entertaining with it's open floor plan, hardwood floors, gas fireplace and beautiful deck overlooking the woods. Upstairs has 5 bedrooms including the laundry area on the same level. The large primary suite has a walk in closet and an en suite with a separate bath and shower. The fully finished walk out basement has a spacious living area along with a bonus space with bedroom and bathroom. The roof was replaced in 2020, the HVAC and water conditioner are 7 years old,
and there are custom shutters in the bedrooms on the 2nd level. Just 3 miles away is the Smithsonian Environmental Research Center which has walking trails along the water open to the public 6 days per week. Don't let this Awesome Edgewater Find in the South River School District pass you by! Lot line info If you are looking at the home the property extends to the rocks in the mulch bed on the right and to the light post past the shed on the left.

Last Agent to Sell the Property

Marcy Gaines

(443) 790-2026 marcy.gaines@c21nm.com CENTURY 21 New Millennium License #534996 Listed on: 03/01/2024

CENTURY 21 New Millennium

Last Buyer's Agent

Sami Daamash

(703) 342-7812 sami.daamash@compass.com Compass License #677422

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,685

Year Built

  • Built in 1998

Lot Details

  • 2.24 Acre Lot
  • Wooded Lot
  • Property is zoned RA

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Natural lighting in basement

Schools

  • Central Elementary And Middle School
  • South River High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • $39 Other Monthly Fees
  • Martha S Vineyard Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 020149790087628

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,685

Year Built

Built in 1998

Lot Details

0

HOA Fees

$52 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-03-01
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Connecting Stairway, Walkout Level
  • Total Sq Ft: 3556
  • Living Area Sq Ft: 3406
  • Price Per Sq Ft: 319.23
  • Above Grade Finished Sq Ft: 2506
  • Below Grade Finished Sq Ft: 900
  • Below Grade Sq Ft: 150
  • Total Below Grade Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 625.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 467.00
  • Other Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Acres: 2.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 97574.00
  • Zoning: RA
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5685.00
  • Assessor Parcel Number: 020149790087628
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 12, 2024
Sold by
Gaines Cindy Lee
Bought by
Petri Sherri and Petri Clark Allen
Seller's Agent
Marcy Gaines
CENTURY 21 New Millennium
Buyer's Agent
Sami Daamash
Compass
List Price
$799,999
Sold Price
$792,000
Premium/Discount to List
-$7,999
-1%
Views
159
Current Estimated Value
$862,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,611
Avg. Annual Appreciation
5.38%
Original Mortgage
$792,000
Interest Rate
6.74%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 14, 2014
Sold by
Maugeri William V and Gaines Cindy Lee
Bought by
Gaines Cindy Lee

Purchase Details

Closed on
Nov 24, 1998
Sold by
Flagship Builders Inc
Bought by
Maugeri William and Maugeri Cindy L

Purchase Details

Closed on
Aug 11, 1998
Sold by
Larson Charles A
Bought by
Flagship Builders 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
Petri Sherri $792,000 First American Title
Gaines Cindy Lee -- None Available
Maugeri William $268,338 --
Flagship Builders Inc $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Petri Sherri $792,000
Closed Maugeri William --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Sold $792,000 -1.0% $233 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $799,999 -- $235 / 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 $6,291 $542,600 -- --
2024 $6,291 $514,200 $0 $0
2023 $4,631 $485,800 $226,000 $259,800
2022 $4,937 $484,900 $0 $0
2021 $9,723 $484,000 $0 $0
2020 $4,748 $483,100 $226,000 $257,100
2019 $4,680 $483,100 $226,000 $257,100
2018 $4,899 $483,100 $226,000 $257,100
2017 $4,444 $497,600 $0 $0
2016 -- $470,700 $0 $0
2015 -- $443,800 $0 $0
2014 -- $416,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2078788

Bright MLS

APN: 01-497-90087628