NOT LISTED FOR SALE

404 Fairmount Dr Edgewater, MD 21037

Estimated Value: $414,000 - $439,000

3 Beds
2 Baths
1,530 Sq Ft
$280/Sq Ft Est. Value

Last Sold July 29, 2013

Last sale price $235,000 $154 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,543/month

168 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • Rambler Architecture
  • South River High School Rated A
  • Boat Ramp
  • No HOA

About This Home

As of July 2013

REDUCED .....FRESHLY PAINTED LR/DR..NEW KITCHEN CABINETS & COUNTERTOPS...SPACIOUS 3 BEDROOM 2 BATH RANCHER...OPEN KITCHEN/DINING AREA...STEP DOWN LIVING ROOM READY FOR WOOD STOVE...DOUBLE LOT, FENCED YARD, GOOD OFF STREET PARKING...GREAT WATER PRIVILEGES...5 BEACHES..SPECIAL TAX DISTRICT $320/YR PAID IN TAX BILL.

Last Agent to Sell the Property

Sara Hourihan-Taylor

(410) 320-0924 813shourihan@comcast.net Schwartz Realty, Inc. Listed on: 01/02/2013

Last Buyer's Agent

Karleen Monday

(443) 926-1781 karleenmonday@outlook.com Peninsula Properties, LLC. License #601317

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,653

Year Built

  • Built in 1950

Lot Details

  • 8,000 Sq Ft Lot
  • Home fronts navigable water
  • Property is zoned R5

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven or Range
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Boat Ramp
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned

Community Details

  • No Home Owners Association
  • Woodland Beach Subdivision

Listing and Financial Details

  • Tax Lot 2258
  • Assessor Parcel Number 020190408680600

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,653

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Washer, Water Conditioner - Owned
  • Interior Amenities: Combination Kitchen/Dining, Primary Bath(s)
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Dock Type: Ramp
  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), 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

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 61200.00
  • Land Assessed Value: 132000.00
  • Lot Size Acres: 0.18
  • Lot Size Area: 8000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8000.00
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15164636
  • Tax Annual Amount: 2653.00
  • Assessor Parcel Number: 020190408680600
  • Tax Lot: 2258
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2013
Closed on
Jul 29, 2013
Sold by
Vaughn Clay D
Bought by
Cefaratti Richard A
Seller's Agent
Sara Hourihan-Taylor
Schwartz Realty, Inc.
Buyer's Agent
Karleen Monday
Peninsula Properties, LLC.
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%
Current Estimated Value
$427,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,997
Avg. Annual Appreciation
4.94%
Original Mortgage
$230,743
Outstanding Balance
$170,632
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$257,365

Purchase Details

Closed on
Nov 17, 2000
Sold by
Vaughn Clay D
Bought by
Vaughn Clay D

Purchase Details

Closed on
Jun 12, 1991
Sold by
Vallario Jos F
Bought by
Vaughn Clay D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,550
Interest Rate
9.48%
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
Cefaratti Richard A $235,000 Chicago Title Insurance Co
Vaughn Clay D -- --
Vaughn Clay D $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cefaratti Richard A $230,743
Previous Owner Vaughn Clay D $111,550
Closed Vaughn Clay D --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2013 07/29/13 Sold $235,000 -2.1% $154 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
06/05/2013 06/05/13 For Sale $240,000 +2.1% $157 / Sq Ft
06/03/2013 06/03/13 Off Market $235,000 -- --
05/20/2013 05/20/13 Price Changed $240,000 -3.2% $157 / Sq Ft
05/01/2013 05/01/13 Price Changed $248,000 -0.8% $162 / Sq Ft
04/08/2013 04/08/13 Price Changed $250,000 -3.8% $163 / Sq Ft
02/12/2013 02/12/13 Price Changed $259,900 -1.9% $170 / Sq Ft
01/14/2013 01/14/13 Price Changed $265,000 -7.0% $173 / Sq Ft
01/02/2013 01/02/13 For Sale $285,000 -- $186 / 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 $3,599 $298,033 -- --
2024 $3,599 $276,067 $0 $0
2023 $3,490 $254,100 $179,000 $75,100
2022 $3,278 $246,867 $0 $0
2021 $3,133 $239,633 $0 $0
2020 $3,133 $232,400 $169,000 $63,400
2019 $3,088 $227,767 $0 $0
2018 $2,263 $223,133 $0 $0
2017 $2,930 $218,500 $0 $0
2016 -- $210,067 $0 $0
2015 -- $201,633 $0 $0
2014 -- $193,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karleen Monday

    Buyer's Agent in 2013

    Karleen Monday

    Peninsula Properties, LLC.

    (443) 926-1781

    1 in this area

    25 Total Sales

    Karleen Monday
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003292844

Bright MLS

APN: 01-904-08680600

Maryland Anne Arundel County Edgewater 21037

404 Fairmount Dr, Edgewater, MD

Not Listed for Sale

Detached

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