NOT LISTED FOR SALE

3720 Bay Dr Edgewater, MD 21037

Estimated Value: $1,001,000 - $1,890,000

3 Beds
2 Baths
1,184 Sq Ft
$1,283/Sq Ft Est. Value

Last Sold June 19, 2017

Last sale price $829,900 $701 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $9,079/month

Highlights

  • 75 Feet of Waterfront
  • 3 Dock Slips
  • Pier
  • Central Middle School Rated A-
  • Beach
  • Private Beach

About This Home

As of July 2017

Spend your Summer on the River! Short Term SUMMER RENTAL of Adorable Well Kept Cottage on Turkey Point Island. Private Sandy Beach, 280' Private Pier w/ Multiple Boats Slips, Fish Cleaning Station and Gazebo for watching the Sunsets. Beach Entry for Swimming, Kayaking and Paddle Boarding w quick access to Bay. Porches, Spacious Yard, Updated Kitchen & Ample Parking. Available July 1-Sept 30.

Last Agent to Rent the Property

Lisa Collison

(410) 353-2251 lisamcollison@gmail.com Sunshine Living License #595986 Listed on: 06/25/2017

Last Renter's Agent

Lisa Collison

(410) 353-2251 lisamcollison@gmail.com Sunshine Living License #595986 Listed on: 06/25/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,962

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot
  • 75 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • West Facing Home
  • Back Yard Fenced
  • Extensive Hardscape
  • The property's topography is level, moderate slope
  • Property is in very good condition
  • Property is zoned R2

Home Design

  • Cottage
  • Plaster Walls
  • Shingle Roof
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Dining Area
  • Sun or Florida Room
  • Wood Flooring
  • River Views
  • Flood Lights

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Upgraded Countertops
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Improved Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Side Exterior Basement Entry
  • Space For Rooms
  • Natural lighting in basement

Parking

  • Parking Space Number Location: 4+
  • Off-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • 3 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted
  • Enclosed Patio or Porch
  • Gazebo
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Well
  • Bottled Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,500
  • Property is used as a vacation rental
  • Tenant pays for HVAC maintenance, light bulbs/filters/fuses/alarm care, minor interior maintenance, all utilities
  • Rent includes grounds maintenance, lawn service, parking, trash removal, water, sewer
  • No Smoking Allowed
  • 1-Month Min and 60-Month Max Lease Term
  • Available 6/30/17
  • $30 Application Fee
  • Assessor Parcel Number 020186306501410

Community Details

Overview

  • No Home Owners Association
  • Turkey Point Island HOA
  • Turkey Point Subdivision

Recreation

  • Boat Dock
  • Pier or Dock
  • Beach
  • Baseball Field
  • Community Playground
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,962

Year Built

Built in 1954

Lot Details

0

Rental Info

  • Date Available: 2017-06-30
  • Application Fee: 30.00
  • Lease Term: Other
  • Pet Deposit: 50.00
  • Pets: Dogs Ok, Number Limit, Pet Addendum/Deposit, Breed Restrictions
  • Pets Allowed: Yes
  • Rent Includes: Grounds Maintenance, Lawn Service, Parking, Trash Removal, Water, Sewer
  • Security Deposit: 2500.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Hvac Maintenance, Light Bulbs/Filters/Fuses/Alarm Care, Minor Interior Maintenance, Utilities - All
  • Vacation Rental: Yes
  • Max Lease in Months: 60
  • Min Lease in Months: 1

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Accessibility Features: Level Entry - Main
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Instant Hot Water, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Interior Amenities: Kitchen - Country, Dining Area, Entry Level Bedroom, Built-Ins, Upgraded Countertops, Crown Moldings, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Plaster Walls
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Sun/Florida Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Side Entrance, Daylight, Full, Heated, Improved, Space For Rooms, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures List: Gazebo, Shed
  • Construction Materials: Concrete, Stucco
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Exterior Features: Extensive Hardscape, Flood Lights, Private Beach
  • Roof: Shingle
  • View: Water, River
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Swimming Allowed, Waterski/Wakeboard, Sail
  • Water Access: Yes
  • Water Body Name: SELBY BAY
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 75

Garage/Parking

  • Garage: No
  • Parking Space Number Assigned: 4+
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Beach, Boat Dock/Slip, Pier/Dock, Tot Lots/Playground
  • HOA Name: TURKEY POINT ISLAND
  • HOA: No
  • Senior Community: No

Lot Info

  • Fencing: Partially, Rear
  • Lot Size Acres: 0.25
  • Lot Size Area: 11000
  • Lot Dimensions: LotLength:200 X LotWidth:75
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11000.00
  • Outdoor Living Structures: Enclosed, Porch(es), Patio(s)
  • Property Condition: Very Good
  • Topography: Level, Moderate Slope
  • Zoning: R2

Multi Family

  • Dock Slip Conveyance: Deeded
  • Waterfront Features: Private Dock Site, Sandy Beach

Tax Info

  • Assessor Parcel Number: 15162748
  • Assessor Parcel Number: 020186306501410

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2017
Closed on
Jun 19, 2017
Sold by
Pike James C and Pike Judith M
Bought by
Collison Kevin B and Collison Lisa M
Seller's Agent
Lisa Collison
Sunshine Living
Buyer's Agent
Lisa Collison
Sunshine Living
Sold Price
$2,600
Current Estimated Value
$1,519,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,516,456
Avg. Annual Appreciation
7.41%
Original Mortgage
$663,920
Outstanding Balance
$549,959
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$969,097

Purchase Details

Closed on
Mar 13, 2001
Sold by
Pike James C
Bought by
Rudy Gregory B

Purchase Details

Closed on
Jun 8, 1998
Sold by
Pike Walter N
Bought by
Pike James C and Pike Judith M
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
Collison Kevin B $829,900 Freestate Tiotle Services Of
Rudy Gregory B $250,000 --
Pike James C $209,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collison Kevin B $663,920
Closed Pike James C --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2017 07/08/17 Rented $2,600 -8.8% --
07/06/2017 07/06/17 Under Contract -- -- --
06/25/2017 06/25/17 For Rent $2,850 0.0% --
06/19/2017 06/19/17 Sold $829,900 -7.7% $701 / Sq Ft View Prior Sale
05/05/2017 05/05/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $898,900 -- $759 / 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 $12,962 $1,326,767 -- --
2024 $12,962 $1,255,233 $0 $0
2023 $12,604 $1,183,700 $475,400 $708,300
2022 $11,786 $1,135,433 $0 $0
2021 $23,069 $1,087,167 $0 $0
2020 $11,254 $1,038,900 $475,400 $563,500
2019 $11,265 $510,200 $475,400 $34,800
2018 $7,199 $710,000 $475,400 $234,600
2017 $8,468 $793,400 $0 $0
2016 -- $793,400 $0 $0
2015 -- $793,400 $0 $0
2014 -- $794,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002365796

Bright MLS

APN: 01-863-06501410