3731 3rd Ave Edgewater, MD 21037
Selby-on-the-Bay NeighborhoodEstimated Value: $666,606 - $707,000
4
Beds
2.5
Baths
2,462
Sq Ft
$277/Sq Ft
Est. Value
Highlights
- 5 Dock Slips
- Home fronts navigable water
- Canoe or Kayak Water Access
- Central Middle School Rated A-
- Private Beach
- Boat Ramp
About This Home
As of May 2024Welcome home to Selby on the Bay! The community offers so much, including 2 marinas, a large clubhouse, a swimming beach, playground & more! This stunning colonial home boasts 4 bedrooms and 2 1/2 bathrooms, offering plenty of space and comfort. As you step inside, you’ll be greeted by a 2-story foyer and expansive 9-foot ceilings, creating an airy and inviting atmosphere throughout. Recently renovated, this home features freshly painted walls and new luxury vinyl plank flooring on the main level, adding a touch of modern elegance to every room. Upstairs, the luxurious primary suite features cathedral ceilings, a large walk-in closet, and a spa-like ensuite bathroom complete with a stand-up shower and separate jacuzzi tub. Step outside onto the large maintenance-free deck, ideal for entertaining guests or enjoying a peaceful evening under the stars. Relax and unwind in your very own hot tub, located off the rear deck. A new outdoor paver patio is perfect for a fire pit and the newly installed vinyl privacy fence surrounding the backyard allows you to enjoy your outdoor oasis in complete seclusion. Need more storage space? No problem! This property includes a sizable shed outback, providing ample room for all your outdoor equipment and tools. Additional updates include a new HVAC system (2021) and a new AC unit (2022). Don’t miss out on the opportunity to call this property your forever home! Schedule a showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,285
Year Built
- Built in 2008
Lot Details
- 8,000 Sq Ft Lot
- Home fronts navigable water
- Private Beach
- Property is Fully Fenced
- Vinyl Fence
- Property is in excellent condition
- Property is zoned R5
Parking
- 2 Car Direct Access Garage
- 3 Driveway Spaces
- Front Facing Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,462 Sq Ft Home
- Property has 2 Levels
- Chair Railings
- High Ceiling
- Gas Fireplace
- Open Floorplan
- Crawl Space
- Flood Lights
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Upgraded Countertops
Flooring
- Carpet
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Bathroom
Laundry
- Laundry on upper level
- Dryer
- Washer
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Spa
- Canoe or Kayak Water Access
- River Nearby
- Swimming Allowed
- Boat Ramp
- Physical Dock Slip Conveys
- 5 Dock Slips
- Powered Boats Permitted
- Exterior Lighting
- Shed
Schools
- Central Elementary And Middle School
- South River High School
Utilities
- Forced Air Heating System
- Heat Pump System
- Well
- Tankless Water Heater
Listing and Financial Details
- Tax Lot 29
- Assessor Parcel Number 020174702674003
Community Details
Overview
- No Home Owners Association
- $12 Other Monthly Fees
- Selby On The Bay Subdivision
Recreation
- 1 Community Docks
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2024
Closed on
May 20, 2024
Sold by
Ford Rachael Marie and Ford Deane Gordon
Bought by
Kotsis George and Mcdonough-Kotsis Erinn
Seller's Agent
Steven Knopf
Engel & Völkers Annapolis
Buyer's Agent
Steven Knopf
Engel & Völkers Annapolis
List Price
$650,000
Sold Price
$660,000
Premium/Discount to List
$10,000
1.54%
Views
148
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
$22,402
Avg. Annual Appreciation
3.75%
Original Mortgage
$501,187
Outstanding Balance
$496,870
Interest Rate
6.88%
Mortgage Type
VA
Estimated Equity
$189,867
Purchase Details
Listed on
Dec 21, 2015
Closed on
Apr 21, 2016
Sold by
Glover Matthew and Glover Katie Thompson
Bought by
Ford Rachel Marie and Ford Deane Gordon
Seller's Agent
William Whitman
Long & Foster Real Estate, Inc.
Buyer's Agent
Steven Knopf
Engel & Völkers Annapolis
List Price
$441,544
Sold Price
$435,000
Premium/Discount to List
-$6,544
-1.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$427,121
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 14, 2013
Sold by
Cox Jeffrey
Bought by
Glover Matthew and Thompson Katie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,338
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
May 5, 2008
Sold by
Christiana Bank & Trust Co
Bought by
Cox Jeffrey
Similar Homes in Edgewater, MD
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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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kotsis George | $660,000 | Eagle Title | |
| Ford Rachel Marie | $435,000 | Sage Title Group Llc | |
| Glover Matthew | $423,000 | First American Title Ins Co | |
| Cox Jeffrey | $63,750 | -- | |
| Christiana Bank & Trust Co | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kotsis George | $501,187 | |
| Previous Owner | Ford Rachael Marie | $114,555 | |
| Previous Owner | Ford Rachel Marie | $427,121 | |
| Previous Owner | Glover Matthew | $407,774 | |
| Previous Owner | Glover Matthew | $415,338 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2024 05/20/24 | Sold | $660,000 | +1.5% | $268 / Sq Ft |
| 04/02/2024 04/02/24 | Pending | -- | -- | -- |
| 03/25/2024 03/25/24 | For Sale | $650,000 | +49.4% | $264 / Sq Ft |
| 04/21/2016 04/21/16 | Sold | $435,000 | -0.3% | $177 / Sq Ft |
| 03/15/2016 03/15/16 | Pending | -- | -- | -- |
| 01/28/2016 01/28/16 | Price Changed | $436,500 | -1.1% | $177 / Sq Ft |
| 12/21/2015 12/21/15 | For Sale | $441,544 | -- | $179 / 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 |
|---|---|---|---|---|
| 2024 | $6,394 | $525,300 | $0 | $0 |
| 2023 | $5,083 | $498,700 | $184,000 | $314,700 |
| 2022 | $5,346 | $494,133 | $0 | $0 |
| 2021 | $10,517 | $489,567 | $0 | $0 |
| 2020 | $5,134 | $485,000 | $184,000 | $301,000 |
| 2019 | $5,033 | $462,867 | $0 | $0 |
| 2018 | $4,469 | $440,733 | $0 | $0 |
| 2017 | $4,710 | $418,600 | $0 | $0 |
| 2016 | -- | $401,900 | $0 | $0 |
| 2015 | -- | $385,200 | $0 | $0 |
| 2014 | -- | $368,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Knopf
Seller's Agent in 2024
Steven Knopf
Engel & Völkers Annapolis
(443) 995-5805
11 in this area
112 Total Sales
-
Parker Jones
Seller Co-Listing Agent in 2024
Parker Jones
Engel & Völkers Annapolis
(410) 980-0110
6 in this area
94 Total Sales
-
William Whitman
Seller's Agent in 2016
William Whitman
Long & Foster
(443) 254-2081
2 in this area
72 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2080498
APN: 01-747-02674003
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