NOT LISTED FOR SALE

48 Ridge Ave Edgewater, MD 21037

Estimated Value: $547,421 - $675,000

3 Beds
3 Baths
2,176 Sq Ft
$287/Sq Ft Est. Value

Last Sold December 17, 2019

Last sale price $425,000 $195 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,626/month

Highlights

  • Home fronts navigable water
  • Water Access
  • Open Floorplan
  • Central Middle School Rated A-
  • Second Kitchen
  • Cape Cod Architecture

About This Home

As of December 2019

If you're tired of "Cookie Cutter" houses this Charming Cape Cod is exactly what you've been waiting for. Located in Edgewater Beach,one of the friendliest neighborhoods in the county! Features include over sized molding,arched doorway,recently renovated and freshly painted. Hardwood floors, new granite counters in the kitchen & master bath. Lower level walk- out includes , bright and spacious family rm,bedroom, bath and laundry room. Upper level full bath, laundry room & home office or bedroom. Enjoy year round relaxation in the peaceful rear yard or entertain on the expansive wrap around deck. The sought after Edgewater Beach Community offers water privileges,boat slips, kayak rack, sandy beach, community pavillion, tot lot ,as well as easy access to nearby shopping & restaurants. More community information can be found on www.edgewaterbeach.org.EZ commute to DC & Baltimore.

Last Agent to Sell the Property

Margaret MacGloan

(410) 703-9298 pegmacgloan@godouglasrealty.com Douglas Realty LLC License #72200 Listed on: 09/19/2019

Douglas Realty LLC

Last Buyer's Agent

Judy Oldfield

(301) 367-3477 jo@lnf.com Long & Foster Real Estate, Inc. License #584552

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,086

Year Built

  • Built in 1940 | Remodeled in 2019

Lot Details

  • 9,750 Sq Ft Lot
  • Home fronts navigable water
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Backs to Trees or Woods
  • Property is zoned R2

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Double Hung Windows
  • Sliding Doors
  • Insulated Doors
  • Combination Dining and Living Room

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Electric Dryer

Finished Basement

  • Connecting Stairway
  • Rear Basement Entry
  • Laundry in Basement

Outdoor Features

  • Water Access
  • River Nearby
  • Deck
  • Patio
  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Edgewater Beach Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 020124007831600

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,086

Year Built

Built in 1940 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Two Refrigerators, Two washing machines, Two Clothes Dryers
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-09-19
  • Federal Flood Zone: No
  • Year Built: 1940
  • Year Renovated: 2019
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Icemaker, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
  • Flooring Type: Hardwood, Ceramic Tile, Laminated
  • Interior Amenities: 2nd Kitchen, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Tub Shower, Wood Floors
  • Window Features: Double Hung, Double Pane
  • Door Features: Sliding Glass, Insulated
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Rear Entrance
  • Basement Finished Percent: 100.00
  • Laundry Type: Basement, Main Floor
  • Total Sq Ft: 2176
  • Living Area Sq Ft: 2176
  • Price Per Sq Ft: 403.40
  • Above Grade Finished Sq Ft: 1088
  • Below Grade Finished Sq Ft: 1088
  • Total Below Grade Sq Ft: 1088
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: Yes
  • Water Body Name: South River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Dsl Available, Cable Tv, Propane
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: EDGEWATER
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 112700.00
  • Land Assessed Value: 187900.00
  • Lot Features: Backs To Trees, Level, Landscaping
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9750.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15157494
  • Tax Annual Amount: 3086.00
  • Assessor Parcel Number: 020124007831600
  • Tax Lot: 25
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Dec 16, 2019
Sold by
Lamon Linda S and Musgrave Linda S
Bought by
Spooner Natalie F and Garland Robert W
Seller's Agent
Margaret MacGloan
Douglas Realty LLC
Buyer's Agent
Judy Oldfield
Long & Foster Real Estate, Inc.
List Price
$438,900
Sold Price
$425,000
Premium/Discount to List
-$13,900
-3.17%
Current Estimated Value
$624,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,855
Avg. Annual Appreciation
6.79%
Original Mortgage
$340,000
Outstanding Balance
$299,759
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$325,096

Purchase Details

Closed on
Apr 6, 2000
Sold by
Sims Lisa M
Bought by
Lamon Linda S

Purchase Details

Closed on
Aug 14, 1996
Sold by
Laycock Donald S
Bought by
Sims Lisa M

Purchase Details

Closed on
Nov 22, 1994
Sold by
Second Gwr Refg Inc
Bought by
Laycock Donald S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
8.9%

Purchase Details

Closed on
May 2, 1994
Sold by
Spears Brian T
Bought by
Annapolis Fsb
Source: Public Records

Range of Values:

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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
Spooner Natalie F $425,000 Atlantic Title Company
Lamon Linda S $169,900 --
Sims Lisa M $163,000 --
Laycock Donald S $90,000 --
Annapolis Fsb $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spooner Natalie F $340,000
Previous Owner Annapolis Fsb $85,500
Closed Sims Lisa M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2019 12/17/19 Sold $425,000 -3.2% $195 / Sq Ft
09/19/2019 09/19/19 For Sale $438,900 -- $202 / 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 $4,254 $461,467 -- --
2024 $4,254 $448,533 $0 $0
2023 $4,108 $435,600 $247,900 $187,700
2022 $3,816 $390,600 $0 $0
2021 $7,443 $345,600 $0 $0
2020 $3,592 $300,600 $187,900 $112,700
2019 $3,454 $287,133 $0 $0
2018 $2,775 $273,667 $0 $0
2017 $3,115 $260,200 $0 $0
2016 -- $260,200 $0 $0
2015 -- $260,200 $0 $0
2014 -- $285,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA413410

Bright MLS

APN: 01-240-07831600