Seller's Agent in 2020
Sherri Smith
Iron Valley Real Estate Ocean City
(410) 971-9240
46 Total Sales
406 Silver Run Rd Edgewater, MD 21037
Estimated Value: $429,000 - $502,000
3
Beds
2.5
Baths
2,092
Sq Ft
$224/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- No HOA
- Laundry Room
- South River High School Rated A
- Living Room
- Chairlift
About This Home
As of August 2020This home is located in the water-privileged community of Woodland Beach. The property is just a few short blocks to the South River. This three bedrooms, two & half bath floor plan features an open kitchen and living room/dining room upstairs, full family room downstairs with wood burning fireplace, separate laundry room and utility storage room. The home is situated on a spacious corner lot with a fully fenced yard surrounding the property, extra shed for storage and paved off-street parking. This home has so much potential in a great busy community. Close to the Annapolis/DC metro area with easy access to Route 50.
Last Agent to Sell the Property
(410) 971-9240 sherricustodio@gmail.com Iron Valley Real Estate Ocean City License #RB-0031036 Listed on: 03/20/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,537
Year Built
- Built in 1976
Lot Details
- 6,199 Sq Ft Lot
- Property is zoned R5
Home Design
- Split Foyer
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 2,092 Sq Ft Home
- Property has 2 Levels
- Partially Furnished
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
Bedrooms and Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Parking
- Driveway
- Off-Street Parking
Accessible Home Design
- Chairlift
Schools
- Edgewater Elementary School
- Central Middle School
- South River High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Well
- Electric Water Heater
Community Details
- No Home Owners Association
- Woodland Beach Subdivision
Listing and Financial Details
- Tax Lot D
- Assessor Parcel Number 020190490003104
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2020
Closed on
Aug 21, 2020
Sold by
Joyce Carol Ann and Thompson Dennis E
Bought by
Arn Justin W
Seller's Agent
Sherri Smith
Iron Valley Real Estate Ocean City
Buyer's Agent
James Fegan
RE/MAX Executive
List Price
$357,999
Sold Price
$295,000
Premium/Discount to List
-$62,999
-17.6%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,270
Avg. Annual Appreciation
9.01%
Original Mortgage
$280,250
Outstanding Balance
$248,601
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$220,669
Purchase Details
Closed on
Jun 30, 2015
Sold by
Joyce Carol Ann
Bought by
Joyce Carol Ann and Joyce Norman John
Purchase Details
Closed on
Jan 26, 2012
Sold by
Wieland Erna K
Bought by
Wieland Erna K
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arn Justin W | $295,000 | Universal Title | |
| Joyce Carol Ann | -- | Attorney | |
| Wieland Erna K | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arn Justin W | $280,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/21/2020 08/21/20 | Sold | $295,000 | -9.8% | $141 / Sq Ft |
| 07/10/2020 07/10/20 | Pending | -- | -- | -- |
| 06/16/2020 06/16/20 | Price Changed | $327,000 | -3.8% | $156 / Sq Ft |
| 05/29/2020 05/29/20 | Price Changed | $340,000 | -2.9% | $163 / Sq Ft |
| 04/21/2020 04/21/20 | Price Changed | $349,999 | -2.2% | $167 / Sq Ft |
| 03/20/2020 03/20/20 | For Sale | $357,999 | -- | $171 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,437 | $383,700 | -- | -- |
| 2024 | $4,437 | $366,000 | $0 | $0 |
| 2023 | $4,310 | $348,300 | $174,900 | $173,400 |
| 2022 | $4,032 | $339,233 | $0 | $0 |
| 2021 | $7,921 | $330,167 | $0 | $0 |
| 2020 | $2,759 | $321,100 | $164,900 | $156,200 |
| 2019 | $5,301 | $309,433 | $0 | $0 |
| 2018 | $3,019 | $297,767 | $0 | $0 |
| 2017 | $2,532 | $286,100 | $0 | $0 |
| 2016 | -- | $286,000 | $0 | $0 |
| 2015 | -- | $285,900 | $0 | $0 |
| 2014 | -- | $285,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sherri Smith
-
James Fegan
Buyer's Agent in 2020
James Fegan
RE/MAX
(410) 353-0956
14 in this area
83 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA429406
APN: 01-904-90003104
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