Seller's Agent in 2025
Jeffrey Vinson
Samson Properties
(240) 428-0555
1 in this area
12 Total Sales
3668 5th Ave Edgewater, MD 21037
Selby-on-the-Bay Neighborhood
1
Bed
1
Bath
484
Sq Ft
8,000
Sq Ft Lot
Highlights
- No HOA
- Cottage
- Electric Baseboard Heater
- Central Middle School Rated A-
- Living Room
- Wood Siding
About This Home
As of February 2025???? Fix, flip, or construct your dream home in the picturesque Selby on the Bay! ??
This unique opportunity offers a charming two-bedroom, one-bath cottage situated on a spacious 8,000 square foot lot. Whether you're an investor looking for a flip project or a builder ready to create a large home, these two lots provide endless possibilities.
Property Features:
??? Two-bedroom, one-bath cottage
?? 8,000 square foot lots
?? Well water and community septic system
?? Located in the vibrant, water-oriented community of Selby on the Bay
Selby on the Bay boasts a wonderful community center and several marinas, offering a lifestyle that embraces waterfront living. With scenic views and a tight-knit community, this area is ideal for those looking to enjoy the tranquility of the bay.
Important Financing Information: This property will not qualify for regular financing. It is available for cash-only purchases or 203K loan financing, making it an excellent opportunity for local builders or investors.
For more details or to schedule a viewing, please call the listing agent. Don’t miss out on this incredible chance to own and create in Selby on the Bay!
Last Agent to Sell the Property
Samson Properties License #17924 Listed on: 12/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,875
Year Built
- Built in 1950
Lot Details
- 8,000 Sq Ft Lot
- Property is zoned R5
Parking
- Driveway
Home Design
- Cottage
- Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 484 Sq Ft Home
- Property has 1 Level
- Living Room
- Crawl Space
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Utilities
- Electric Baseboard Heater
- Well
- Electric Water Heater
Community Details
- No Home Owners Association
- Selby On The Bay Subdivision
Listing and Financial Details
- Tax Lot 44
- Assessor Parcel Number 020174703465500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 21, 2024
Closed on
Feb 14, 2025
Sold by
Campbell Scott T
Bought by
Jav Empire Homes Llc
Seller's Agent
Jeffrey Vinson
Samson Properties
Buyer's Agent
Rhonda Newton
Coldwell Banker Realty - Washington
List Price
$240,000
Sold Price
$200,000
Premium/Discount to List
-$40,000
-16.67%
Views
181
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,469
Avg. Annual Appreciation
7.98%
Original Mortgage
$320,000
Interest Rate
6.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 31, 1997
Sold by
Reese Charles W
Bought by
Campbell Scott T
Purchase Details
Closed on
May 2, 1989
Sold by
Chaney James W
Bought by
Reese Charles W 3Rd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,784
Interest Rate
11.03%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | $200,000 | True Title | |
| Personal Reps Deed | $200,000 | True Title | |
| Deed | $86,750 | -- | |
| Deed | $76,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $320,000 | New Conventional | |
| Previous Owner | $78,784 | No Value Available | |
| Closed | -- | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | Sold | $200,000 | -16.7% | $413 / Sq Ft |
| 12/21/2024 12/21/24 | For Sale | $240,000 | -- | $496 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,039 | $232,067 | -- | -- |
| 2024 | $2,039 | $227,833 | $0 | $0 |
| 2023 | $1,366 | $223,600 | $184,000 | $39,600 |
| 2022 | $1,861 | $222,933 | $0 | $0 |
| 2021 | $3,680 | $222,267 | $0 | $0 |
| 2020 | $1,762 | $221,600 | $184,000 | $37,600 |
| 2019 | $1,723 | $199,900 | $0 | $0 |
| 2018 | $1,807 | $178,200 | $0 | $0 |
| 2017 | $1,615 | $156,500 | $0 | $0 |
| 2016 | -- | $152,233 | $0 | $0 |
| 2015 | -- | $147,967 | $0 | $0 |
| 2014 | -- | $143,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Vinson
-
Rhonda Newton
Buyer's Agent in 2025
Rhonda Newton
Coldwell Banker (NRT-Southeast-MidAtlantic)
(202) 924-7312
1 in this area
1 Total Sale
Map
Source: Bright MLS
MLS Number: MDAA2100622
APN: 01-747-03465500
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