NOT LISTED FOR SALE

403 Fairmount Dr Edgewater, MD 21037

Estimated Value: $421,000 - $475,000

3 Beds
2 Baths
1,440 Sq Ft
$314/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $374,000 $260 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,715/month

3 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • Colonial Architecture
  • South River High School Rated A
  • Open Floorplan
  • Deck

About This Home

As of February 2021

Beautiful and lovingly maintained home ready for a new owner! The home features a newer Geo-Thermal HVAC system that is ultra efficient for extremely low utility bills. The home also features the following: newer windows (3-4 yrs); brand new roof; new flooring; fresh paint; new gutters; hot water heater (3-4 yrs); updated bathrooms; new lighting fixtures; newer stove and appliances. The home is in a water privileged community and is just a few minutes walk from the community beach, water, pier and marina! The home is also minutes from shopping, schools, restaurants and entertainment. Make an appointment to see this today!

Last Agent to Sell the Property

David Noce

(410) 991-2847 dnoce@comcast.net RE/MAX Leading Edge Listed on: 01/08/2021

RE/MAX Leading Edge

Last Buyer's Agent

Erica Baker

(410) 919-7019 ebaker@ttrsir.com TTR Sotheby's International Realty License #658150

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,125

Year Built

  • Built in 1978

Lot Details

  • 4,000 Sq Ft Lot
  • Home fronts navigable water
  • Property is zoned R5

Parking

  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Space For Rooms

Outdoor Features

  • Water Access
  • River Nearby
  • Deck
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Geothermal Heating and Cooling
  • Water Treatment System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2054
  • Assessor Parcel Number 020190490015308

Community Details

Overview

  • No Home Owners Association
  • Woodland Beach Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,125

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1978
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Stove, Washer
  • Interior Amenities: Attic, Combination Dining/Living, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Table Space, Primary Bath(s), Water Treat System, Wood Floors
  • Fireplace: No
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Unfinished, Space For Rooms, Outside Entrance, Rear Entrance
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 260.35
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Outbuilding(s)
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Geothermal
  • Cooling Type: Central A/C
  • Heating Fuel: Geo-Thermal
  • Heating Type: Forced Air
  • 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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 110300.00
  • Land Assessed Value: 160000.00
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15165048
  • Tax Annual Amount: 3125.00
  • Assessor Parcel Number: 020190490015308
  • Tax Lot: 2054
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 25, 2021
Sold by
Kay Patricia D
Bought by
Schmidt Steven and Arostegui Ana
Seller's Agent
David Noce
RE/MAX Leading Edge
Buyer's Agent
Erica Baker
TTR Sotheby's International Realty
List Price
$374,900
Sold Price
$374,000
Premium/Discount to List
-$900
-0.24%
Current Estimated Value
$452,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,303
Avg. Annual Appreciation
4.01%
Original Mortgage
$241,000
Outstanding Balance
$216,404
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$235,899

Purchase Details

Closed on
Sep 20, 2011
Sold by
Gwinn Thomas E
Bought by
Kay Patricia D

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
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2011
Sold by
Gwinn Thomas E
Bought by
Kay Patricia D

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
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2011
Sold by
Gwinn Thomas E
Bought by
Gwinn Thomas E

Purchase Details

Closed on
Dec 14, 2010
Sold by
Gwinn Thomas E
Bought by
Gwinn Thomas E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schmidt Steven $374,000 Accommodation
Kay Patricia D $225,000 --
Kay Patricia D $225,000 --
Kay Patricia D $225,000 --
Kay Patricia D $225,000 --
Gwinn Thomas E -- --
Gwinn Thomas E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Steven $241,000
Previous Owner Kay Patricia D $150,000
Previous Owner Kay Patricia D $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2021 02/25/21 Sold $374,000 -0.2% $260 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $374,900 -- $260 / 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 $4,150 $344,567 -- --
2024 $4,150 $318,533 $0 $0
2023 $3,194 $292,500 $170,000 $122,500
2022 $3,570 $285,100 $0 $0
2021 $6,984 $277,700 $0 $0
2020 $3,166 $270,300 $160,000 $110,300
2019 $6,089 $258,100 $0 $0
2018 $2,493 $245,900 $0 $0
2017 $2,943 $233,700 $0 $0
2016 -- $233,700 $0 $0
2015 -- $233,700 $0 $0
2014 -- $249,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDAA456336

Bright MLS

APN: 01-904-90015308