NOT LISTED FOR SALE

3989 Caneye Place Edgewater, MD 21037

Estimated Value: $571,000 - $641,000

2 Beds
2 Baths
1,508 Sq Ft
$407/Sq Ft Est. Value

Sale Details

Date Sold: April 22, 2022

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

Est. 8% increase in value since last sale

Current estimated payment $3,751 / mo

About This Home

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.

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
$620,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,070
Avg. Annual Appreciation
1.67%
Original Mortgage
$460,000
Outstanding Balance
$435,344
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$178,895

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
Collateral Analytics

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ICE

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Average Value
Not Available
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 Prior Sale
04/22/2022 04/22/22 Sold $575,000 -8.0% $381 / Sq Ft View Prior Sale
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

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

  • Andrew Schram

    Seller's Agent in 2022

    Andrew Schram

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (410) 258-3660

    2 in this area

    23 Total Sales

    Andrew Schram
    Section Image
  • Brendan Butler

    Buyer's Agent in 2022

    Brendan Butler

    Cummings & Co Realtors

    (443) 528-9747

    2 in this area

    260 Total Sales

    Brendan Butler
    Section Image
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Map

Maryland Anne Arundel County Edgewater 21037

3989 Caneye Place, Edgewater, MD

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