NOT LISTED FOR SALE

49 Slama Rd Edgewater, MD 21037

Estimated Value: $824,000 - $888,771

2 Beds
2 Baths
1,088 Sq Ft
$792/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $780,000 $717 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,879/month

39 Days on Market

Highlights

  • 37 Feet of Waterfront
  • 4 Dock Slips
  • Private Beach
  • South River High School Rated A
  • Pier
  • Fishing Allowed

About This Home

As of November 2024

Rare elevated, protected riparian waterfront in Edgewater with deep water and @86 foot pier. A wonderful renovation/redevelopment opportunity, elevated bluff-top riverside home with waterviews and steps down the bank to your private waterfront and bulk-headed sand-bottom shoreline, a private 5 foot wide x 86 foot long deepwater well-protected pier with 10' MLW, Water & Electric. AA County Tax records are incorrect - As per SDAT Assessment records, the property is @18,521 sf or @.425 acres. The 2BD/2BA home was built in 1943; Roof replaced @2015, Kitchen @2020, The crawlspace encapsulated @2014. The kitchen renovation included new Butcher block Kraft Maid Countertops, Double sink, Cabinets, Refrigerator, Electric range & Microwave. Two mini-split units provide Heat & AC, electric Hot Water heater and the property is on well & septic. There is a laundry room with Washer & Dryer, the Living room has a custom stone fireplace, provides great views of the path & steps down to the pier & Warehouse Creek and opens to an ample deck for relaxing or entertaining Riverside. This property presents opportunities to renovate or redevelop depending on your needs and wishes. The lot is deep with a roadside shed and long driveway offering plenty of room for parking. You are surrounded by trees but very close to shopping, restaurants & marinas with everything Annapolis has to offer only a few miles away.

Last Agent to Sell the Property

Adam Eckert

(410) 224-2200 cedric.lewis@cbmove.com Coldwell Banker Realty Listed on: 09/15/2024

Coldwell Banker Realty

Co-Listed By

sandy young

(410) 224-2200 cedric.lewis@cbmove.com Coldwell Banker Realty

Last Buyer's Agent

Carol Strasfeld

(844) 552-7444 datacorrect@brightmls.com Unrepresented Buyer Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,918

Year Built

  • Built in 1943

Lot Details

  • 0.29 Acre Lot
  • 37 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach
  • Creek or Stream
  • Rural Setting
  • Wooded Lot
  • Backs to Trees or Woods
  • Back Yard
  • Additional Land
  • Lot 1, Lot 5, Lot 6
  • Property is in average condition
  • Property is zoned R1

Parking

  • Driveway

Property Views

  • Woods
  • Creek or Stream
  • Garden

Home Design

  • Bungalow
  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,088 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Stone Fireplace
  • Fireplace Mantel
  • Living Room

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Private Water Access
  • Sail
  • Bulkhead
  • 4 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Stream or River on Lot
  • Powered Boats Permitted
  • 3 Non-Powered Boats Permitted
  • Deck
  • Shed

Utilities

  • Ductless Heating Or Cooling System
  • Electric Baseboard Heater
  • Propane
  • Well
  • High-Efficiency Water Heater
  • Septic Equal To The Number Of Bedrooms

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 020146700771555

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,918

Year Built

Built in 1943

Lot Details

0.29 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 9/15/2024 12:00:00 AM
  • Year Built: 1943
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Water Heater - High-Efficiency, Washer, Dryer - Electric
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Kitchen - Galley, Wood Floors, Floor Plan - Traditional, Entry Level Bedroom, Carpet, Bathroom - Walk-In Shower, Bathroom - Tub Shower
  • Fireplace Features: Stone, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Laundry, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1088
  • Living Area Sq Ft: 1088
  • Price Per Sq Ft: 772.06
  • Above Grade Finished Sq Ft: 1088
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Exterior Features: Private Beach
  • Roof: Asphalt
  • View: Creek/Stream, Trees/Woods, Water, Garden/Lawn
  • Water Access Features: Boat - Powered, Fishing Allowed, Private Access, Sail
  • Water Access: Yes
  • Water Body Name: Warehouse Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 37

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic = # Of Br
  • Utilities: Propane
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Lot 1, Lot 5, Lot 6
  • Lot Features: Additional Lot(s), Trees/Wooded, Rear Yard, Backs To Trees, Bulkheaded, Fishing Available, Stream/Creek
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12555.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Average
  • Zoning: R1
  • Zoning Description: Residential
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 9918.00
  • Assessor Parcel Number: 020146700771555
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2024
Closed on
Nov 22, 2024
Sold by
Lynch John William and Kling Stephen P
Bought by
Martin Shay P and Martin Paige R
Seller's Agent
Adam Eckert
Coldwell Banker Realty
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$950,000
Sold Price
$780,000
Premium/Discount to List
-$170,000
-17.89%
Views
159
Current Estimated Value
$861,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,943
Avg. Annual Appreciation
8.05%
Original Mortgage
$752,115
Interest Rate
6.91%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martin Shay P $780,000 Eagle Title
Martin Shay P $780,000 Eagle Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Shay P $752,115
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2024 11/22/24 Sold $780,000 -7.1% $717 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/18/2024 10/18/24 Price Changed $840,000 -4.5% $772 / Sq Ft
10/07/2024 10/07/24 Price Changed $880,000 -7.4% $809 / Sq Ft
09/15/2024 09/15/24 For Sale $950,000 -- $873 / 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 $5,314 $879,933 -- --
2024 $5,314 $871,067 -- --
2023 $5,168 $862,200 $779,100 $83,100
2022 $4,793 $785,767 $0 $0
2020 $9 $632,900 $557,700 $75,200
2019 $9 $596,633 $0 $0
2018 $5,682 $560,367 $0 $0
2017 $4,063 $524,100 $0 $0
2016 -- $524,100 $0 $0
2015 -- $524,100 $0 $0
2014 -- $524,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2093796

Bright MLS

APN: 01-467-00771555

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