NOT LISTED FOR SALE

437 Silver Run Rd Edgewater, MD 21037

Estimated Value: $494,540 - $563,000

4 Beds
2.5 Baths
1,440 Sq Ft
$372/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $390,000 $271 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,181/month

2 Days on Market

Highlights

  • Water Views
  • Water Oriented
  • Traditional Floor Plan
  • South River High School Rated A
  • Colonial Architecture
  • Attic

About This Home

As of May 2018

Adorable, updated beach cottage with amazing water views. Complete kitchen remodel with ss appliances, bead board ceilings and granite, replaced wood floors, roof, well, water treatment system, water heater,treks decking on porch and balcony, hvac less than 10 years old and painted exterior. Fully fenced backyard is great for entertaining.

Last Agent to Sell the Property

Colleen Smith

(443) 995-2409 colleen.smith@longandfoster.com EXP Realty, LLC License #650285 Listed on: 04/10/2018

EXP Realty, LLC

Last Buyer's Agent

Amy Juras

(410) 353-2123 amy@househuntress.com Long & Foster Real Estate, Inc. License #584286

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,887

Year Built

  • Built in 1989

Lot Details

  • 5,000 Sq Ft Lot
  • Creek or Stream
  • Property is zoned R5

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Shake Siding
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Water Views
  • Country Kitchen
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Schools

  • Edgewater Elementary School
  • Central Middle School
  • South River High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Additional Features

  • Water Oriented
  • Property is near creek

Community Details

  • No Home Owners Association
  • Woodland Beach Subdivision

Listing and Financial Details

  • Tax Lot 4519
  • Assessor Parcel Number 020190407151225

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,887

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2018-04-13
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Country, Dining Area, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Sun/Florida Room, Laundry, Attic
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Cedar, Shake Siding
  • View: Water
  • Water Access: No
  • Water Body Name: ALMSHOUSE CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

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

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: EDGEWATER
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 178700.00
  • Land Assessed Value: 162200.00
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15164458
  • Tax Annual Amount: 2887.28
  • Assessor Parcel Number: 020190407151225
  • Tax Lot: 4519
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 18, 2018
Sold by
Farabaugh Donna L
Bought by
Muzzey David J and Sullivan Samantha M
Seller's Agent
Colleen Smith
EXP Realty, LLC
Buyer's Agent
Amy Juras
Long & Foster Real Estate, Inc.
List Price
$389,000
Sold Price
$390,000
Premium/Discount to List
$1,000
0.26%
Current Estimated Value
$535,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,385
Avg. Annual Appreciation
4.23%
Original Mortgage
$351,000
Outstanding Balance
$302,223
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$233,162

Purchase Details

Closed on
Jul 25, 2016
Bought by
Farabaugh Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,723
Interest Rate
3.45%

Purchase Details

Closed on
Oct 19, 2001
Sold by
Dunn Jacqueline M
Bought by
Farabaugh Donna L

Purchase Details

Closed on
Oct 2, 1996
Sold by
Riley Dennis J
Bought by
Dunn Jacqueline M

Purchase Details

Closed on
Dec 29, 1989
Sold by
Moore William C
Bought by
Riley Dennis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
9.78%
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
Muzzey David J $390,000 Greater Maryland Title Llc
Farabaugh Donna -- --
Farabaugh Donna L $199,900 --
Dunn Jacqueline M $161,000 --
Riley Dennis J $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muzzey David J $351,000
Previous Owner Farabaugh Donna $261,723
Previous Owner Farabaugh Donna --
Previous Owner Farabaugh Donna $132,200
Previous Owner Riley Dennis J $99,750
Closed Dunn Jacqueline M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2018 05/18/18 Sold $390,000 +0.3% $271 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $389,000 -- $270 / 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 $4,587 $377,967 -- --
2024 $4,587 $354,733 $0 $0
2023 $4,294 $331,500 $172,200 $159,300
2022 $4,094 $331,500 $172,200 $159,300
2020 $4,153 $340,900 $162,200 $178,700
2019 $3,854 $311,967 $0 $0
2018 $2,870 $283,033 $0 $0
2017 $2,344 $254,100 $0 $0
2016 -- $253,300 $0 $0
2015 -- $252,500 $0 $0
2014 -- $251,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000372962

Bright MLS

APN: 01-904-07151225