NOT LISTED FOR SALE

403 Penwood Dr Edgewater, MD 21037

Estimated Value: $584,101

3 Beds
2.5 Baths
2,760 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $590,000 $214 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,635/month

31 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Colonial Architecture
  • South River High School Rated A
  • Dual Staircase
  • Deck

About This Home

As of June 2024

Nestled within the prestigious South River Colony community of Edgewater, this townhouse exudes luxury across its three levels. Step into sophistication as you're greeted by updates and high-end elegance throughout. The main level sets the tone with a seamlessly integrated living and dining space, featuring a gas-burning fireplace, crown molding, and plush carpet underfoot. Natural light pours through the Juliet balcony, illuminating the space with a warm ambiance. Continue to the gourmet kitchen, a culinary haven boasting 42" shaker-style cabinetry, a marble-inspired backsplash, stainless steel appliances, and quartz counters. The center island doubles as a breakfast bar, perfect for casual dining. In contrast, the adjacent breakfast nook offers access to the rear deck overlooking landscaped grounds, ideal for al fresco meals and relaxation. Retreat to the primary bedroom suite on the upper level, where comfort meets indulgence. Enjoy plush carpeting, a tray ceiling, a double vanity, a soaking tub, and a glass door walk-in shower, creating a spa-like oasis. Two additional bedrooms and a well-appointed hall bath provide ample space for family or guests. The fully finished lower level offers versatility with a spacious family room, perfect for gatherings or quiet evenings. Access to the patio extends the living space outdoors, while a designated office area caters to remote work needs. Conveniently located near major commuter routes including US-50, MD-450, and I-97, this residence offers both luxury living with a community pool and practical convenience. Don't miss the opportunity to make this exquisite townhouse your new home.

Last Agent to Sell the Property

Missy Miller Aldave

(410) 465-1770 missy@millerteam.com Northrop Realty License #507142 Listed on: 05/03/2024

Northrop Realty

Co-Listed By

Alexandra Ryan

(888) 860-7369 md.broker@exprealty.net EXP Realty, LLC

Last Buyer's Agent

Bill Franklin

(410) 721-1500 bill.franklin@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,214

Year Built

  • Built in 2002

Lot Details

  • 2,160 Sq Ft Lot
  • Landscaped
  • Property is in excellent condition

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 2,760 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Dual Staircase
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Double Hung Windows
  • Casement Windows
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Garden Views

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Double Oven
  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Garage Access
  • Basement Windows

Home Security

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Central Elementary And Middle School
  • South River High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number 020175390211650

Community Details

Overview

  • Built by Centex Homes
  • South River Colony Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,214

Year Built

Built in 2002

Lot Details

2,160 Sq Ft Lot

HOA Fees

$185 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Dryer, Exhaust Fan, Freezer, Oven - Wall, Oven - Double, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Ceiling Fan(s), Additional Stairway, Carpet, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Walk-In Closet(s)
  • Window Features: Double Pane, Casement, Double Hung
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, High, Tray Ceilings
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Breakfast Room, Office
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Garage Access, Heated, Outside Entrance, Fully Finished, Improved, Interior Access, Rear Entrance, Walkout Level, Windows
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2760
  • Living Area Sq Ft: 2760
  • Price Per Sq Ft: 217.39
  • Above Grade Finished Sq Ft: 2760
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Vinyl Siding
  • Exterior Features: Exterior Lighting
  • Roof: Shingle
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, On Street, Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 185.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2160.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Zoning: R1
  • In City Limits: No

Building Info

  • Builder Name: Centex Homes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5214.00
  • Assessor Parcel Number: 020175390211650
  • Tax Lot: 107
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jul 2, 2024
Sold by
Ryan John
Bought by
Foran Marcus Alan and Foran Lisa
Seller's Agent
Missy Miller Aldave
Northrop Realty
Buyer's Agent
Bill Franklin
Long & Foster Real Estate, Inc.
List Price
$630,000
Sold Price
$590,000
Premium/Discount to List
-$40,000
-6.35%
Views
61
Current Estimated Value
$584,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,899
Avg. Annual Appreciation
-0.60%
Original Mortgage
$551,637
Interest Rate
6.78%
Mortgage Type
VA

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 21, 2021
Sold by
Owen Stephen F and Owen Elena G
Bought by
Hollis Johnathon and Hollis Bryanni
Seller's Agent
Alex Hodges
Cottage Street Realty LLC
Buyer's Agent
Linda Lewis
EXP Realty, LLC
List Price
$489,900
Sold Price
$489,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$501,167
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Oct 3, 2005
Sold by
Owen Stephen F
Bought by
Owen Stephen F and Owen Elena G

Purchase Details

Closed on
Nov 14, 2002
Sold by
Centex Homes
Bought by
Owen Stephen F and Goddard Elena L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Foran Marcus Alan $590,000 Eagle Title
Hollis Johnathon $489,900 United Title & Escrow Inc
Owen Stephen F -- --
Owen Stephen F $364,506 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foran Marcus Alan $551,637
Previous Owner Hollis Johnathon $501,167
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $590,000 -1.7% $214 / Sq Ft
05/23/2024 05/23/24 Price Changed $600,000 -4.0% $217 / Sq Ft
05/09/2024 05/09/24 Price Changed $625,000 -0.8% $226 / Sq Ft
05/03/2024 05/03/24 For Sale $630,000 +28.6% $228 / Sq Ft
05/24/2021 05/24/21 Sold $489,900 0.0% $178 / Sq Ft View Prior Sale
04/20/2021 04/20/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $489,900 -- $178 / Sq Ft
Source: Bright MLS

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 $5,394 $470,967 -- --
2024 $5,394 $456,833 -- --
2023 $4,834 $442,700 $125,000 $317,700
2022 $4,940 $436,633 $0 $0
2020 $4,774 $424,500 $125,000 $299,500
2019 $4,778 $424,500 $125,000 $299,500
2018 $4,304 $424,500 $125,000 $299,500
2017 $4,723 $445,700 $0 $0
2016 -- $427,533 $0 $0
2015 -- $409,367 $0 $0
2014 -- $391,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2082816

Bright MLS

APN: 01-753-90211650

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