NOT LISTED FOR SALE

43 Ridge Ave Edgewater, MD 21037

Estimated Value: $682,545 - $766,000

4 Beds
5 Baths
1,941 Sq Ft
$377/Sq Ft Est. Value

Last Sold April 11, 2013

Last sale price $400,000 $206 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,308/month

Highlights

  • 1 Boat Dock
  • Pier
  • Second Kitchen
  • Central Middle School Rated A-
  • Home fronts navigable water
  • Open Floorplan

About This Home

As of April 2013

Unique home in WATER PRIVILEGED Edgewater Beach. This property is comprised of a 3bed,1.5.5 bath rancher with a partially finished basement, connected to a 1bed,1.5bath apartment with a full kitchen and separate access. Perfect as an in-law or au pair apt. Off street parking. Large garden. Community beach,pier, and boat ramp are down the street.

Last Agent to Sell the Property

Travis Gray

(301) 641-0809 travis.gray@evrealestate.com Engel & Völkers Annapolis License #636268 Listed on: 09/13/2012

Engel & Völkers Annapolis

Last Buyer's Agent

Ralph Johnson

(410) 224-3600 ralph.johnson@lnf.com Anne Arundel Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,030

Year Built

  • Built in 1977

Lot Details

  • 0.32 Acre Lot
  • Home fronts navigable water
  • The property's topography is level, moderate slope
  • Property is in very good condition
  • Property is zoned R2

HOA Fees

  • $7 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Combination Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Workshop
  • Storage Room
  • Wood Flooring
  • Attic

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Stove
  • Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear and Side Entry
  • Sump Pump
  • Space For Rooms
  • Workshop
  • Basement with some natural light

Parking

  • Parking Space Number Location: 2
  • Off-Street Parking

Accessible Home Design

  • Roll-in Shower

Outdoor Features

  • Pier
  • Water Access
  • 1 Boat Dock
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Septic Tank

Community Details

  • Edgewater Beach Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 10
  • Assessor Parcel Number 020124000389200

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,030

Year Built

Built in 1977

Lot Details

0

HOA Fees

$7 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler, Loft
  • Accessibility Features: Roll-In Shower
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1977
  • Remarks Public: Unique home in WATER PRIVILEGED Edgewater Beach. This property is comprised of a 3bed,1.5.5 bath rancher with a partially finished basement, connected to a 1bed,1.5bath apartment with a full kitchen and separate access. Perfect as an in-law or au pair apt. Off street parking. Large garden. Community beach,pier, and boat ramp are down the street.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Extra Refrigerator/Freezer, Microwave, Oven - Single, Refrigerator, Stove, Washer, Water Conditioner - Owned
  • Interior Amenities: Attic, 2nd Kitchen, Breakfast Area, Family Room Off Kitchen, Combination Kitchen/Dining, Combination Kitchen/Living, Kitchen - Table Space, Entry Level Bedroom, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Primary Bedroom, Family Room, In-Law/AuPair/Suite, Storage Room, Workshop, Bedroom 6
  • Basement: Yes
  • Basement Type: Outside Entrance, Side Entrance, Combination, Connecting Stairway, Daylight, Partial, Full, Heated, Improved, Partially Finished, Rear Entrance, Space For Rooms, Walkout Level, Workshop, Sump Pump
  • Living Area Units: Square Feet
  • Street Number Modifier: 43

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding
  • Dock Type: Pier (Perpendicular)
  • Roof: Asphalt
  • Water Access: Yes
  • Water Body Name: SOUTH RIVER
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Space Number Assigned: 2
  • Type Of Parking: Off Street

Utilities

  • Refuse: 315.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 80.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 272400.00
  • Land Assessed Value: 142500.00
  • Lot Size Acres: 0.32
  • Lot Size Area: 14000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14000.00
  • Property Condition: Very Good
  • Topography: Level, Moderate Slope
  • Year Assessed: 2012
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15157355
  • Tax Annual Amount: 4029.97
  • Assessor Parcel Number: 020124000389200
  • Tax Lot: 10
  • Tax Total Finished Sq Ft: 1941
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 04/11/2013

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2015
Sold by
Kennedy James J and Kennedy Erika M
Bought by
Kennedy James J
Current Estimated Value
$731,886

Purchase Details

Listed on
Sep 13, 2012
Closed on
Apr 11, 2013
Sold by
Karpis John J and John J Karpis Living Trust
Bought by
Kennedy James J and Pecora Erika M
Seller's Agent
Travis Gray
Engel & Völkers Annapolis
Buyer's Agent
Ralph Johnson
Anne Arundel Properties, Inc.
List Price
$409,000
Sold Price
$400,000
Premium/Discount to List
-$9,000
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$375,000
Outstanding Balance
$266,727
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$465,159

Purchase Details

Closed on
Oct 20, 2005
Sold by
Karpis John J
Bought by
Karpis John J

Purchase Details

Closed on
Feb 13, 1996
Sold by
Bongirne Maurice J
Bought by
Karpis John J and Karpis Victoria A
Source: Public Records

Range of Values:

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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
Kennedy James J -- Lsi Title Agency
Kennedy James J $400,000 Precise Title Inc
Karpis John J -- --
Karpis John J $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy James J $375,000
Closed Karpis John J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2013 04/11/13 Sold $400,000 -2.2% $206 / Sq Ft
03/05/2013 03/05/13 Pending -- -- --
12/04/2012 12/04/12 For Sale $409,000 0.0% $211 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
10/17/2012 10/17/12 Price Changed $409,000 -7.0% $211 / Sq Ft
09/16/2012 09/16/12 For Sale $439,900 +10.0% $227 / Sq Ft
09/13/2012 09/13/12 Off Market $400,000 -- --
09/13/2012 09/13/12 For Sale $438,000 -- $226 / 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 $5,643 $524,800 -- --
2024 $5,643 $508,700 $0 $0
2023 $5,494 $492,600 $257,500 $235,100
2022 $4,928 $471,600 $0 $0
2021 $10,059 $450,600 $0 $0
2020 $4,888 $429,600 $197,500 $232,100
2019 $9,398 $419,567 $0 $0
2018 $4,153 $409,533 $0 $0
2017 $7,438 $399,500 $0 $0
2016 -- $399,500 $0 $0
2015 -- $399,500 $0 $0
2014 -- $414,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004159788

Bright MLS

APN: 01-240-00389200