NOT LISTED FOR SALE

3988 Ramsey Dr Edgewater, MD 21037

Estimated Value: $433,000 - $463,000

2 Beds
1 Bath
960 Sq Ft
$463/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $285,000 $297 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,657/month

3 Days on Market

Highlights

  • Boat Ramp
  • Water Views
  • Water Oriented
  • South River High School Rated A
  • Beach
  • Open Floorplan

About This Home

As of August 2016

ABSOLUTELY CHARMING bungalow w/ UNOBSTRUCTED WATER VIEWS that feel like waterfront! Located in sought after water oriented Shoreham Beach w/ boat ramp access just one block over & multiple beach accesses, you can make every day feel like a vacation! Very efficient floor plan w/ large sun room to take full advantage of the views, beautifully landscaped front/rear. Lovingly maintained inside & out.

Last Agent to Sell the Property

Rachel Best

(443) 454-5959 tbi.homes@gmail.com RE/MAX Leading Edge License #637776 Listed on: 07/23/2016

RE/MAX Leading Edge

Last Buyer's Agent

Carey Laycock

(443) 223-7265 careylaycock.tbi@gmail.com RE/MAX Leading Edge License #614442

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,661

Year Built

  • Built in 1940

Lot Details

  • 5,862 Sq Ft Lot
  • Creek or Stream
  • Back Yard Fenced
  • Property is zoned R5

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Asphalt Roof
  • Asbestos

Interior Spaces

  • 960 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Water Views
  • Country Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Oriented
  • Deck
  • Patio
  • Shed

Location

  • Property is near creek

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • Heating System Uses Kerosene
  • Well
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 020174903848650

Community Details

Overview

  • No Home Owners Association
  • Shoreham Beach Subdivision

Recreation

  • Boat Ramp
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,661

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1940
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Country, Combination Dining/Living, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Sun/Florida Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 960
  • Living Area Sq Ft: 960
  • Price Per Sq Ft: 296.88
  • Above Grade Finished Sq Ft: 960
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Asbestos
  • Pool Private: No
  • Roof: Asphalt
  • View: Water
  • View: Yes
  • Water Access: No
  • Water Body Name: RAMSEY
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

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, Ceiling Fan(s), Wall Unit
  • Cooling: Yes
  • Heating Fuel: Kerosene
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Beach
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: MAYO
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 65600.00
  • Land Assessed Value: 162700.00
  • Lot Size Acres: 0.13
  • Lot Size Area: 5862
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5862.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: No
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15161399
  • Tax Annual Amount: 2660.91
  • Assessor Parcel Number: 020174903848650
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2016
Closed on
Aug 31, 2016
Sold by
Spence Rhonda
Bought by
Ingle Cynthia Louise
Seller's Agent
Rachel Best
RE/MAX Leading Edge
Buyer's Agent
Carey Laycock
RE/MAX Leading Edge
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$444,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,222
Avg. Annual Appreciation
4.85%
Original Mortgage
$225,000
Outstanding Balance
$179,721
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$264,501

Purchase Details

Closed on
Dec 14, 2004
Sold by
Ingel Rhonda L
Bought by
Spence Rhonda

Purchase Details

Closed on
Jan 30, 2004
Sold by
Ingel James A
Bought by
Ingel Rhonda L

Purchase Details

Closed on
Feb 6, 1998
Sold by
Jacobson Kathryn D
Bought by
Ingel James A and Ingel Rhonda L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ingle Cynthia Louise $285,000 Maryland Title Group Llc
Spence Rhonda -- --
Ingel Rhonda L -- --
Ingel James A $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingle Cynthia Louise $225,000
Closed Ingel James A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $285,000 0.0% $297 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
07/23/2016 07/23/16 For Sale $285,000 -- $297 / 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 $4,017 $357,767 -- --
2024 $4,017 $329,733 $0 $0
2023 $3,856 $301,700 $218,600 $83,100
2022 $3,642 $299,033 $0 $0
2020 $3,504 $293,700 $218,600 $75,100
2019 $3,438 $271,900 $0 $0
2018 $2,536 $250,100 $0 $0
2017 $3,234 $228,300 $0 $0
2016 -- $228,300 $0 $0
2015 -- $228,300 $0 $0
2014 -- $250,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001626925

Bright MLS

APN: 01-749-03848650