Seller's Agent in 2023
Mary Eldridge
Samson Properties
(301) 346-3493
1 in this area
55 Total Sales
425 Magnolia Dr Edgewater, MD 21037
Selby-on-the-Bay NeighborhoodEstimated Value: $711,000 - $825,000
5
Beds
3
Baths
3,437
Sq Ft
$223/Sq Ft
Est. Value
Highlights
- Boat Ramp
- Beach
- Canoe or Kayak Water Access
- South River High School Rated A
- Home fronts navigable water
- Fishing Allowed
About This Home
As of June 2023CANCELED Open house for Sunday, May 21
The seller is MOTIVATED !! $15,000 Price Reduction.
Looking for a home that offers more than just a place to live? Look no further! This spacious 5-bedroom, 3-bath home is situated in the desirable community of Loch Haven Beach which has been providing residents with fun and relaxation for over 75 years.
The home was built in 2008, this 3-story home, larger than most in the area, boasts an impressive 3440 sq ft of living space. With only 144 sq ft of unfinished space, this home provides ample storage for all your needs. The large Living room, Kitchen, and Dining areas offer fantastic space for hosting gatherings and entertaining or enjoying a relaxing evening playing games. Between the cabinet space in the Kitchen and the Pantry, there will be no space complaints.
This home was designed with convenience in mind. Across from the main level bedroom, is a full bath making the space perfect for multi-generational living or hosting guests. Need a home office? The accessibility of the main level bedroom is ideal.
On the Upper level, there are 2 generously sized bedrooms and a full hall bathroom. It is not an overstatement to say the Primary bedroom is huge and includes a comfortable sitting/lounge area. The Primary bathroom features dual sinks, jetted tub, and a separate shower.
Convenient upstairs laundry room and utility sink! The 5th bedroom is sizeable and hides on the 3rd level where privacy is plentiful. Extra storage space is found here.
Besides the home, another real appeal of this property lies in its access to the Loch Haven Beach community amenities. As a resident of Loch Haven Beach, you'll have access to nine different access points to the beach with right of way. In addition to the beach, the community owns multiple properties for residents to enjoy. Some of these include recreational areas with sporting courts and playgrounds. Adirondack chairs are available for relaxing. The community pier has 54 boat slips available for lease along with a launch ramp.
This home was built to last and is set up and wired for a whole-house generator. The fenced backyard enhances privacy. Located near the South River, this home offers easy access to everything you need while still providing a peaceful, serene environment to call home. Don't miss out on the opportunity to own a piece of paradise in the Loch Haven Beach community. (and experience Food Truck Fridays!
Loch Haven is a special tax district, which provides support for community property & for related administrative/operating expenses but is not an HOA. There are no HOA fees. Loch Haven Beach is a fantastic community w/ something to offer everyone. The property is being sold AS-IS. The seller may need a post-occupancy but has located the home of choice.
The interactive Floor plan is available in Virtual Tour.
Last Agent to Sell the Property
(443) 975-7555 kara@samsonproperties.net Samson Properties License #591412 Listed on: 04/23/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,592
Year Built
- Built in 2008
Lot Details
- 9,750 Sq Ft Lot
- Home fronts navigable water
- West Facing Home
- Property is Fully Fenced
- Board Fence
- Panel Fence
- Level Lot
- Back, Front, and Side Yard
- Property is in very good condition
- Property is zoned R5
Parking
- 1 Car Detached Garage
- 3 Driveway Spaces
- Front Facing Garage
- On-Street Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Architectural Shingle Roof
Interior Spaces
- Property has 3 Levels
- Vaulted Ceiling
- Ceiling Fan
- Entrance Foyer
- Living Room
- Combination Kitchen and Dining Room
- Garden Views
- Crawl Space
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Extra Refrigerator or Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Whirlpool Bathtub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
- Electric Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Halls are 48 inches wide or more
- More Than Two Accessible Exits
Outdoor Features
- Canoe or Kayak Water Access
- Private Water Access
- River Nearby
- Personal Watercraft
- Waterski or Wakeboard
- Sail
- Swimming Allowed
- Powered Boats Permitted
Schools
- Central Elementary And Middle School
- South River High School
Utilities
- Cooling System Utilizes Bottled Gas
- Zoned Heating and Cooling
- Heat Pump System
- Vented Exhaust Fan
- Programmable Thermostat
- Underground Utilities
- Single-Phase Power
- 120/240V
- Well
- Tankless Water Heater
- Propane Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Tax Lot 25
- Assessor Parcel Number 020148002038400
Community Details
Overview
- No Home Owners Association
- Built by Chesapeake Custom Carpentry
- Loch Haven Beach Subdivision
Amenities
- Picnic Area
- Common Area
Recreation
- Boat Ramp
- Community Boat Dock
- Pier or Dock
- 1 Community Docks
- Beach
- Tennis Courts
- Baseball Field
- Community Basketball Court
- Volleyball Courts
- Community Playground
- Fishing Allowed
- Dog Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2023
Closed on
Jun 12, 2023
Sold by
Dement Sean Bernard
Bought by
Sollis Brian
Seller's Agent
Mary Eldridge
Samson Properties
Buyer's Agent
Melissa Murray
Compass
List Price
$700,000
Sold Price
$660,000
Premium/Discount to List
-$40,000
-5.71%
Views
78
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
$104,748
Avg. Annual Appreciation
5.30%
Original Mortgage
$660,000
Outstanding Balance
$639,515
Interest Rate
6.39%
Mortgage Type
VA
Estimated Equity
$125,233
Purchase Details
Closed on
Nov 10, 2015
Sold by
Dement Natalie Lynn
Bought by
Dement Sean Bernard
Purchase Details
Closed on
Oct 7, 2005
Sold by
Dement Susan K
Bought by
Dement Sean B and Dement Natalie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 18, 2005
Sold by
Dement Susan K
Bought by
Dement Sean B and Dement Natalie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 2, 1999
Sold by
Hardesty Robert G
Bought by
Dement Susan K
Purchase Details
Closed on
Mar 31, 1994
Sold by
Dement By Tr T E
Bought by
Hardesty Robert G
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 |
|---|---|---|---|
| Sollis Brian | $660,000 | Eagle Title | |
| Dement Sean Bernard | $660,000 | Eagle Title | |
| Dement Sean Bernard | -- | Attorney | |
| Dement Sean B | $80,000 | -- | |
| Dement Sean B | $80,000 | -- | |
| Dement Susan K | $70,000 | -- | |
| Hardesty Robert G | $52,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dement Sean Bernard | $660,000 | |
| Previous Owner | Dement Sean B | $60,000 | |
| Previous Owner | Dement Sean B | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/12/2023 06/12/23 | Sold | $660,000 | -3.6% | $192 / Sq Ft |
| 05/06/2023 05/06/23 | Price Changed | $685,000 | -2.1% | $199 / Sq Ft |
| 04/23/2023 04/23/23 | For Sale | $700,000 | -- | $204 / 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 | $6,631 | $595,300 | -- | -- |
| 2024 | $6,631 | $550,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Eldridge
-
Melissa Murray
Buyer's Agent in 2023
Melissa Murray
Compass
(443) 995-2626
2 in this area
146 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2057976
APN: 01-480-02038400
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Your Personal Tour Guide
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