NOT LISTED FOR SALE

3932 Cove Rd Edgewater, MD 21037

Estimated Value: $739,000 - $1,063,000

3 Beds
3 Baths
1,212 Sq Ft
$788/Sq Ft Est. Value

Last Sold December 27, 2017

Last sale price $465,000 $384 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $6,071/month

67 Days on Market

Highlights

  • 50 Feet of Waterfront
  • 1 Dock Slip
  • Open Floorplan
  • Central Middle School Rated A-
  • Pier
  • No HOA

About This Home

As of December 2017

Spacious cottage located on quiet street with beautiful views of Ramsey Bay. Pier with boat lift and easy access to the bay. Backyard is great for entertaining! Super great room with kitchen, dining and family room. Large upper level living room with deck overlooking the water. Great Value.. Won't last long.

Last Agent to Sell the Property

Ron Windsor

Keller Williams Select Realtors of Annapolis Listed on: 07/31/2017

Keller Williams Select Realtors of Annapolis

Last Buyer's Agent

Daphne Wicker

Keller Williams Select Realtors of Annapolis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,570

Year Built

  • Built in 1968

Lot Details

  • 7,700 Sq Ft Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned R2

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Double Pane Windows
  • Window Treatments
  • Casement Windows
  • Sliding Doors
  • Six Panel Doors
  • Family Room Off Kitchen
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Pier
  • Water Access
  • Property near a bay
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 3 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Schools

  • Mayo Elementary School
  • Central Middle School
  • South River High School

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Ramsey Bay Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 020165408690350

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,570

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1968
  • Remarks Public: Spacious cottage located on quiet street with beautiful views of Ramsey Bay. Pier with boat lift and easy access to the bay. Backyard is great for entertaining! Super great room with kitchen, dining and family room. Large upper level living room with deck overlooking the water. Great Value.. Won't last long.
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven/Range - Electric, Range Hood, Refrigerator, Washer
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Table Space, Window Treatments, Primary Bath(s), Floor Plan - Open
  • Window Features: Casement, Double Pane
  • Fireplace: No
  • Door Features: Six Panel, Sliding Glass
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Daylight, Full, Fully Finished, Full, Walkout Level
  • Living Area Units: Square Feet
  • Street Number Modifier: 3932

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: POOLES GUT/SHELBY BAY
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: MAYO
  • Middle School: CENTRAL
  • High School: SOUTH RIVER
  • School District Key: 121140671932
  • Elementary School: MAYO
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 90200.00
  • Land Assessed Value: 423100.00
  • Lot Size Acres: 0.18
  • Lot Size Area: 7700
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7700.00
  • Property Attached Yn: No
  • Year Assessed: 2017
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15160053
  • Tax Annual Amount: 5569.59
  • Assessor Parcel Number: 020165408690350
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 1212
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 12/27/2017

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 3
  • 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
Jul 31, 2017
Closed on
Dec 27, 2017
Sold by
Burke Charles W and Burke Patricia
Bought by
Shannon Sean and Shannon Erica Brooke
Seller's Agent
Ron Windsor
Keller Williams Select Realtors of Annapolis
Buyer's Agent
Daphne Wicker
Keller Williams Select Realtors of Annapolis
List Price
$499,000
Sold Price
$465,000
Premium/Discount to List
-$34,000
-6.81%
Total Days on Market
67
Current Estimated Value
$955,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,337
Avg. Annual Appreciation
9.17%
Original Mortgage
$424,100
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2007
Sold by
Burke Charles W
Bought by
Burke Charles W and Burke Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,200
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 22, 2007
Sold by
Burke Charles W
Bought by
Burke Charles W and Burke Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,200
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 1994
Sold by
Sec Vet Affr
Bought by
Burke Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
6.93%

Purchase Details

Closed on
Nov 19, 1993
Sold by
Porter D D
Bought by
Sec Vet Affr
Source: Public Records

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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
Shannon Sean $465,000 Legends Title Group Llc
Burke Charles W -- --
Burke Charles W -- --
Burke Charles W $175,000 --
Sec Vet Affr $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shannon Sean $821,400
Closed Shannon Sean $407,000
Closed Shannon Sean $338,615
Closed Shannon Sean $420,000
Closed Shannon Sean $97,879
Closed Shannon Sean $424,100
Previous Owner Burke Charles W $278,200
Previous Owner Burke Charles W $277,000
Previous Owner Burke Charles W $385,000
Previous Owner Sec Vet Affr $174,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2017 12/27/17 Sold $465,000 +3.4% $384 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
10/04/2017 10/04/17 Price Changed $449,900 -9.8% $371 / Sq Ft
09/30/2017 09/30/17 For Sale $499,000 0.0% $412 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
09/05/2017 09/05/17 Price Changed $499,000 -9.3% $412 / Sq Ft
08/21/2017 08/21/17 Price Changed $549,900 -15.4% $454 / Sq Ft
07/31/2017 07/31/17 For Sale $649,900 -- $536 / 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
2024 $8,513 $731,533 $0 $0
2023 $7,631 $655,400 $346,700 $308,700
2022 $7,021 $630,667 $0 $0
2021 $13,524 $478,533 $0 $0
2020 $5,196 $459,700 $346,700 $113,000
2019 $5,200 $459,700 $346,700 $113,000
2018 $4,661 $459,700 $346,700 $113,000
2017 $5,614 $513,300 $0 $0
2016 -- $513,300 $0 $0
2015 -- $513,300 $0 $0
2014 -- $535,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003266289

Bright MLS

APN: 01-654-08690350