3939 Cove Rd Edgewater, MD 21037
Estimated Value: $434,000 - $459,000
3
Beds
2
Baths
1,225
Sq Ft
$368/Sq Ft
Est. Value
Highlights
- Home fronts navigable water
- Water Access
- Rambler Architecture
- Central Middle School Rated A-
- Open Floorplan
- Wood Flooring
About This Home
As of May 2024Welcome to Ramsey Bay! This charming rancher, nestled on just over half an acre, offers the ideal spot for those seeking both space and privacy.As you step inside the home, you'll be greeted by an inviting and open floor plan showered in natural light, creating a warm and comforting space. Following a large renovation in 2019, this home boasts modern upgrades, including stainless steel appliances, luxurious granite countertops, and a sleek island that elevate both functionality and style in the kitchen. All bathrooms have undergone updates, to include new flooring, vanities, fixtures, and toilets, ensuring a contemporary elegance.With three bedrooms and two full bathrooms, this home offers abundant space for comfortable living. The masterfully designed layout seamlessly combines practicality with comfort. Enjoy the luxury of having an en suite bathroom in the master bedroom! Outside, an expansive deck, makes its way down to the oversized backyard offering an idyllic setting for outdoor dining and entertaining beneath the sun. Enclosed with a fully fenced yard, privacy and security ensure a safe place for pets to roam freely and play. You will find plenty of storage space provided under the deck and within the detached garage, enhancing organizational possibilities.Nestled amidst the backyard is a fire pit, perfect for gatherings on crisp fall evenings.For enthusiasts of water oriented living, a community dock lies just a brief stroll away, inviting endless opportunities for kayaking, fishing, and relaxing by the water. Conveniently positioned, this home affords easy access to an array of shopping options, with Lou's Corner Store just a stones throw away. If you're looking for peace and quiet in a water oriented community with the convenience of shopping just minutes away, Ramsey Bay offers an exceptional opportunity to embrace the best of both worlds. Welcome home!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices PenFed Realty Listed on: 03/28/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,331
Year Built
- Built in 1958 | Remodeled in 2019
Lot Details
- 0.51 Acre Lot
- Home fronts navigable water
- Creek or Stream
- Property is Fully Fenced
- Wood Fence
- Open Lot
- Back Yard
- Property is in very good condition
- Property is zoned R2
Parking
- 1 Car Detached Garage
- Front Facing Garage
Home Design
- Rambler Architecture
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,225 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Recessed Lighting
- 1 Fireplace
- Insulated Doors
- Family Room Off Kitchen
- Combination Dining and Living Room
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Schools
- Mayo Elementary School
- Central Middle School
- South River High School
Utilities
- Central Air
- Heat Pump System
- Water Treatment System
- Well
- Electric Water Heater
Additional Features
- Level Entry For Accessibility
- Water Access
Community Details
- No Home Owners Association
- Edgewater Subdivision
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 020165403227699
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2024
Closed on
May 10, 2024
Sold by
Snell Sabrina E and Kennedy John F
Bought by
Wright Matthew Francis and Wright Shelby Nicole
Seller's Agent
Christian Schou
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Andrew Schram
Coldwell Banker Realty
List Price
$459,000
Sold Price
$439,000
Premium/Discount to List
-$20,000
-4.36%
Total Days on Market
11
Views
188
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
$11,331
Avg. Annual Appreciation
2.39%
Original Mortgage
$404,985
Interest Rate
7.02%
Mortgage Type
VA
Purchase Details
Listed on
Aug 29, 2019
Closed on
Nov 20, 2019
Sold by
Gilthomas Llc
Bought by
Kennedy John F and Snell Sabrina E
Seller's Agent
Elizabeth Penttinen
Coldwell Banker Realty
Buyer's Agent
Christian Schou
Berkshire Hathaway HomeServices PenFed Realty
List Price
$359,000
Sold Price
$355,000
Premium/Discount to List
-$4,000
-1.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$361,611
Interest Rate
3.75%
Purchase Details
Closed on
Jul 3, 2019
Sold by
Brown Michael J
Bought by
Gilthomas Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 5, 1990
Sold by
Brown Michael J
Bought by
Brown Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
10.08%
Similar Homes in Edgewater, MD
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wright Matthew Francis | $439,000 | Eagle Title | |
| Kennedy John F | $354,000 | Eagle Title Llc | |
| Gilthomas Llc | $211,000 | None Available | |
| Brown Michael J | $16,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wright Matthew Francis | $404,985 | |
| Previous Owner | Kennedy John F | $369,086 | |
| Previous Owner | Kennedy John F | $361,611 | |
| Previous Owner | Gilthomas Llc | $295,000 | |
| Previous Owner | Brown Michael J | $139,000 | |
| Previous Owner | Brown Michael J | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | $439,000 | +2.3% | $358 / Sq Ft |
| 04/03/2024 04/03/24 | Price Changed | $429,000 | -6.5% | $350 / Sq Ft |
| 03/28/2024 03/28/24 | For Sale | $459,000 | +29.3% | $375 / Sq Ft |
| 11/15/2019 11/15/19 | Sold | $355,000 | -1.1% | $290 / Sq Ft |
| 10/18/2019 10/18/19 | Pending | -- | -- | -- |
| 10/16/2019 10/16/19 | For Sale | $359,000 | 0.0% | $293 / Sq Ft |
| 10/02/2019 10/02/19 | Pending | -- | -- | -- |
| 09/20/2019 09/20/19 | For Sale | $359,000 | +1.1% | $293 / Sq Ft |
| 09/17/2019 09/17/19 | Off Market | $355,000 | -- | -- |
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 | $4,605 | $374,633 | $0 | $0 |
| 2023 | $3,938 | $360,600 | $231,500 | $129,100 |
| 2022 | $4,109 | $352,033 | $0 | $0 |
| 2021 | $8,039 | $343,467 | $0 | $0 |
| 2020 | $3,890 | $334,900 | $231,500 | $103,400 |
| 2019 | $0 | $316,300 | $0 | $0 |
| 2018 | $3,019 | $297,700 | $0 | $0 |
| 2017 | $3,132 | $279,100 | $0 | $0 |
| 2016 | -- | $267,667 | $0 | $0 |
| 2015 | -- | $256,233 | $0 | $0 |
| 2014 | -- | $244,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christian Schou
Seller's Agent in 2024
Christian Schou
BHHS PenFed (actual)
(443) 926-4509
4 in this area
71 Total Sales
-
Andrew Schram
Buyer's Agent in 2024
Andrew Schram
Coldwell Banker (NRT-Southeast-MidAtlantic)
(410) 258-3660
2 in this area
22 Total Sales
-
Elizabeth Penttinen
Seller's Agent in 2019
Elizabeth Penttinen
Coldwell Banker (NRT-Southeast-MidAtlantic)
(410) 919-2568
49 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2080870
APN: 01-654-03227699
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