NOT LISTED FOR SALE

3989 Caneye Place Edgewater, MD 21037

Estimated Value: $568,000 - $638,000

2 Beds
2 Baths
1,508 Sq Ft
$404/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $575,000 $381 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,624/month

21 Days on Market

Highlights

  • 1 Boat Dock
  • Home fronts navigable water
  • Boat Ramp
  • South River High School Rated A
  • Canoe or Kayak Water Access
  • Fishing Allowed

About This Home

As of April 2022

Extremely unique opportunity to acquire a DOUBLE LOT PROPERTY in sought after Shoreham Beach. One lot has a cute as a button Two Bedroom/Two Bath home with an extremely rare two car detached garage. Say goodbye to stairs with gracious one level living. You'll love the upgrades, which include gourmet kitchen, gleaming hardwoods, and updated bathrooms. Enjoy lazy evenings curled up in front of your cozy fireplace, or relaxing on your maintenance free deck. Live the good life in this delightful home while you build another home ON THE ADJOINING WATER VIEW LOT! Or, combine the lots to design and build your dreamy forever home! These two lots are the only properties on Caneye Place so you own the street! Think of that! If you aren't already familiar with Shoreham Beach I'm warning you now,,,,you'll likely fall in love immediately! This small enclave of water oriented homes share a private beach for enjoying glorious sunrises over the South River. As you walk the quiet streets and lanes on sunny summer mornings you'll regret not moving here sooner. . All buyers, we encourage you to please do your own research and verify all use and building requirements with county planning and zoning.

Last Agent to Sell the Property

Andrew Schram

(410) 258-3660 aschram@cbmove.com Coldwell Banker Realty License #531891 Listed on: 02/18/2022

Coldwell Banker Realty

Last Buyer's Agent

Brendan Butler

(443) 528-9747 butlerhomesmd@gmail.com Cummings & Co. Realtors

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,244

Year Built

  • Built in 1981

Lot Details

  • 0.33 Acre Lot
  • Home fronts navigable water
  • Masonry wall
  • Partially Fenced Property
  • 2 Lots-Adjoining
  • Subdivision Possible
  • Property is zoned R5

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Property Views

  • River
  • Scenic Vista

Home Design

  • Rambler Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,508 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Swimming Allowed
  • Boat Ramp
  • 1 Boat Dock
  • Powered Boats Permitted
  • Deck
  • Shed

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1 & 2
  • Assessor Parcel Number 020174901783300

Community Details

Overview

  • No Home Owners Association
  • $525 Recreation Fee
  • Shoreham Beach Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,244

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2/18/2022 12:00:00 AM
  • Federal Flood Zone: Yes
  • Year Built: 1981
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Dining/Living, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Total Sq Ft: 1508
  • Living Area Sq Ft: 1508
  • Price Per Sq Ft: 414.46
  • Above Grade Finished Sq Ft: 1508
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Wood Siding
  • Roof: Asphalt, Shingle
  • Spa: No
  • View: Water, River, Scenic Vista
  • Water Access Features: Private Access, Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: SOUTH RIVER/CHESAPEAKE BAY
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 234.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 525.00
  • Association Recreation Fee: Yes

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: MAYO
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: 2 Lots-Adjoining
  • Fencing: Partially, Masonry/Stone
  • Lot Features: Subdivision Possible
  • Lot Size Acres: 0.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14500.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 2244.22
  • Assessor Parcel Number: 020174901783300
  • Tax Lot: 1 & 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2000

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Apr 22, 2022
Sold by
Young David M
Bought by
Borga Alexia
Seller's Agent
Andrew Schram
Coldwell Banker Realty
Buyer's Agent
Brendan Butler
Cummings & Co. Realtors
List Price
$700,000
Sold Price
$575,000
Premium/Discount to List
-$125,000
-17.86%
Current Estimated Value
$609,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,472
Avg. Annual Appreciation
1.58%
Original Mortgage
$460,000
Outstanding Balance
$435,344
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$174,128

Purchase Details

Closed on
Mar 6, 2017
Sold by
Young Jeanine M
Bought by
Young Jeanine M and Young David Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Willey Carolyn V
Bought by
Cheek Carolyn V and Cheek Gary C

Purchase Details

Closed on
Apr 20, 2007
Sold by
Willey Carolyn V
Bought by
Cheek Carolyn V and Cheek Gary C

Purchase Details

Closed on
Aug 16, 1988
Sold by
Roberson Wilbert
Bought by
Willey Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
10.57%
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
Borga Alexia $575,000 Key Title
Young Jeanine M $320,000 Maryland Title Center Llc
Cheek Carolyn V -- --
Cheek Carolyn V -- --
Willey Carolyn $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borga Alexia $460,000
Previous Owner Young Jeanine M $150,000
Previous Owner Willey Carolyn $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $575,000 -8.0% $381 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/03/2022 03/03/22 Price Changed $625,000 -10.7% $414 / Sq Ft
02/18/2022 02/18/22 For Sale $700,000 -- $464 / 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 $5,288 $466,900 -- --
2024 $5,288 $420,800 $0 $0
2023 $5,090 $374,700 $218,600 $156,100
2022 $4,817 $369,500 $0 $0
2020 $4,668 $359,100 $218,600 $140,500
2019 $4,530 $345,500 $0 $0
2018 $3,365 $331,900 $0 $0
2017 $3,971 $318,300 $0 $0
2016 -- $307,400 $0 $0
2015 -- $296,500 $0 $0
2014 -- $285,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2023772

Bright MLS

APN: 01-749-01783300