NOT LISTED FOR SALE

4938 Elm St Shady Side, MD 20764

Estimated Value: $332,000 - $354,463

2 Beds
1 Bath
1,176 Sq Ft
$292/Sq Ft Est. Value

Last Sold April 21, 2022

Last sale price $210,000 $179 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,092/month

Highlights

  • Home fronts navigable water
  • No HOA
  • Bungalow
  • Water Access
  • 2 Car Detached Garage
  • Electric Baseboard Heater

About This Home

As of April 2022

Great bone structure, and has charming personality. Seeking a loving owner to return it to its 1944 Bungalow glory or convert to a 21st Century work of art! Sought-after large corner lot in Avalon Shores is likely your match! The property features a detached 2 Car Garage, lovely wooden deck and room for all of your water toys. And, of course, the great Avalon Shore Community Amenities that include picnic area with grilling stations, a field and play ground, boat launch ramp and pier/dock space for tying up the dingy or crabbing. Avalon Shores in Shady Side has a wonderful community civic association web page!

Last Agent to Sell the Property

Bill Burris

(410) 972-4095 billburrishomes@gmail.com Keller Williams Select Realtors of Annapolis License #320668 Listed on: 03/20/2022

Keller Williams Select Realtors of Annapolis

Last Buyer's Agent

Bill Burris

(410) 972-4095 billburrishomes@gmail.com Keller Williams Select Realtors of Annapolis License #320668 Listed on: 03/20/2022

Keller Williams Select Realtors of Annapolis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,604

Year Built

  • Built in 1944

Lot Details

  • 10,000 Sq Ft Lot
  • Home fronts navigable water
  • Property is zoned R5

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Bungalow
  • Frame Construction
  • Piling Construction

Interior Spaces

  • 1,176 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • River Nearby

Utilities

  • Electric Baseboard Heater
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Avalon Shores Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 020700105387200

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,604

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Exclusions: AS-IS at time of settlement
  • Inclusions: AS-IS at time of settlement
  • New Construction: No
  • Story List: Main
  • Year Built: 1944
  • Automatically Close On Close Date: No
  • Remarks Public: Great bone structure, and has charming personality. Seeking a loving owner to return it to its 1944 Bungalow glory or convert to a 21st Century work of art! Sought-after large corner lot in Avalon Shores is likely your match! The property features a detached 2 Car Garage, lovely wooden deck and room for all of your water toys. And, of course, the great Avalon Shore Community Amenities that include picnic area with grilling stations, a field and play ground, boat launch ramp and pier/dock space for tying up the dingy or crabbing. Avalon Shores in Shady Side has a wonderful community civic association web page!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space, Pilings
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1176
  • Living Area Sq Ft: 1176
  • Price Per Sq Ft: 135.97
  • Above Grade Finished Sq Ft: 1176
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4938

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: Yes
  • Water Body Name: West River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 81100.00
  • Land Assessed Value: 140500.00
  • Land Use Code: R
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Year Assessed: 2022
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15327073
  • Tax Annual Amount: 2604.00
  • Assessor Parcel Number: 020700105387200
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1176
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/21/2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Capital Investments Holding Company Llc
Bought by
Hansen Levi Drew
Current Estimated Value
$343,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,693
Outstanding Balance
$278,645
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$64,471

Purchase Details

Closed on
Feb 12, 2021
Sold by
Butler Brian L and Butler Patricia
Bought by
Meb Reo Trust Iv

Purchase Details

Closed on
Jul 20, 2001
Sold by
Butler John E
Bought by
Butler Brian L and Butler Patricia C

Purchase Details

Closed on
May 4, 1988
Sold by
Wise George J
Bought by
Butler John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
10.28%
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
Hansen Levi Drew $293,000 Dream Title & Escrow
Meb Reo Trust Iv $88,467 None Available
Butler Brian L -- --
Butler John E $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Levi Drew $287,693
Previous Owner Butler John E $80,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2022 04/21/22 Sold $210,000 +31.3% $179 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/20/2022 03/20/22 For Sale $159,900 -- $136 / 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 $3,191 $244,800 -- --
2024 $3,191 $233,200 $0 $0
2023 $3,029 $221,600 $140,500 $81,100
2022 $2,855 $219,067 $0 $0
2021 $2,808 $216,533 $0 $0
2020 $2,741 $214,000 $140,500 $73,500
2019 $5,098 $203,533 $0 $0
2018 $264 $193,067 $0 $0
2017 $2,327 $182,600 $0 $0
2016 $264 $180,567 $0 $0
2015 $264 $178,533 $0 $0
2014 -- $176,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2027588

Bright MLS

APN: 07-001-05387200