NOT LISTED FOR SALE

501 Shore Dr Edgewater, MD 21037

Estimated Value: $624,000 - $774,000

3 Beds
2.5 Baths
2,152 Sq Ft
$316/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $500,000 $232 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,948/month

9 Days on Market

Highlights

  • Boat Ramp
  • Water Views
  • Home fronts navigable water
  • South River High School Rated A
  • Beach
  • Canoe or Kayak Water Access

About This Home

As of August 2021

****ALL CONTRACTS TO BE PRESENTED MONDAY AUGUST 9TH ***(PLEASE HAVE YOUR CONTRACT IN BY 10 AM)***THIS ONE WON'T LAST LONG***ONE OF THE BEST LOCATIONS IN THE COMMUNITY WITH AMAZING, 180 DEGREES OF WRAP-AROUND WATER VIEWS; YOU WON’T BE DISAPPOINTED, BUT YOU WILL FALL IN LOVE!!! AS AN ADDED BONUS, JUST STEP OUT YOUR FRONT DOOR, WALK ACROSS THE STREET TO COMMUNITY PICNIC AREA WITH TABLES, GRILLS, PLAY GROUND FOR THE KIDDIES, BEACH AND GREAT VIEWS!!! THERE’S NOTHING NOT TO LOVE!! YOU’LL FEEL LIKE YOU’RE AT THE BEACH ALL YEAR LONG. ENJOY BEAUTIFUL VIEWS IN THE FALL AND WINTER TOO, ESPECIALLY WITH THE COLORFUL LEAVES FALLING AND THE BEAUTIFUL SNOW GENTLY COMING DOWN. THE STREET IS ONE WAY SO THERE’S MINIMAL TRAFFIC. THE CURRENT OWNER AND HER HUSBAND ARE THE ORIGINAL OWNERS. THEY PICKED THE PERFECT LOTS IN THE COMMUNITY AND HAD THE HOME BUILT TO THEIR SPECIFICATIONS; THEY ARE SAD TO LEAVE IT. THEY WOULD LIKE FOR SOMEONE ELSE TO LOVE IT AND ENJOY IT AS THEY HAVE. IT'S A GREAT SPOT AND WITH A GOOD VISION YOU CAN TURN IT INTO A SHOW-PIECE AGAIN. THERE ARE TWO MASSIVE, BRICK FIREPLACES, (ONE ON EACH LEVEL), GREAT KITCHEN AND EAT-IN AREAS, ALL WITH WITH GREAT WATER VIEWS, AND MUCH MORE!! THE LOWER LEVEL IS READY FOR YOU TO FINISH TO YOUR SPECIFICATIONS/NEEDS. THIS HOME IN THE BEST LOCATION, IS PERFECT FOR THOSE WHO WOULD LIKE TO DESIGN AND MAKE THE HOME TO FIT THEIR PERSONAL LIFE STYLE. THE POSSIBILITIES, ALONG WITH YOUR VISION ARE UNLIMITIED. FEATURING TWO AND A HALF MILES OF SHORELINE, THE COMMUNITY OWNS THE RIPARIAN RIGHTS TO THE VAST MAJORITY OF IT. IT'S DIVIDED INTO FIVE SECTIONS AND HAS FIVE BEACHES, ONE IN EACH SECTION. THERE IS NO HOA; IT'S A “SPECIAL COMMUNITY BENEFIT DISTRICT,” SO EVERYONE IS TAXED THE SAME AMOUNT FOR THE UP KEEP/MAINTENCE YEARLY; THAT AMOUNT IS REFLECTED IN YOUR PROPERTY TAXES. INFORMATION ON THE LONDONTOWNE PROPERTY OWNERS ASSOCIATION IS INCLUDED AS A DOCUMENT IN THIS LISTING. DON’T MISS OUT ON THIS AWESOME OPPORTUNITY!! IT WON’T LAST LONG!! NEW ROOF AS OF NOVEMBER 2020!! WE WELCOME ALL BUYERS; PERSONAL AND INVESTORS!!! FABULOUS INVESTMENT!! THE HOME IS BEING SOLD AS IS!!! INSPECTIONS ARE FOR INFORMATIONAL PURPOSES ONLY! PLEASE CALL LISTING AGENT WITH ANY QUESTIONS.
SHOWINGS TO BEGIN SUNDAY, AUGUST 1st, 12 PM * OPEN HOUSE SUNDAY, AUGUST 1st, 12 - 2 PM.

Last Agent to Sell the Property

Barb Stammer

stammer@lnf.com Long & Foster Real Estate, Inc. License #80177 Listed on: 08/01/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Debra Gasch

(443) 618-1838 debra.morin@redfin.com Redfin Corp License #667477

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,369

Year Built

  • Built in 1977

Lot Details

  • 10,000 Sq Ft Lot
  • Home fronts navigable water
  • Public Beach
  • Creek or Stream
  • Level Lot
  • Back, Front, and Side Yard
  • Property is zoned R5

Property Views

  • Water
  • Panoramic

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Unfinished Walls
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,152 Sq Ft Home
  • Property has 2 Levels
  • Paneling
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Fireplace Mantel
  • Brick Fireplace
  • Double Pane Windows
  • Sliding Doors
  • Insulated Doors
  • Family Room on Second Floor
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Attic

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Room
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Compactor
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Lighted Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • Public Water Access
  • Swimming Allowed
  • Powered Boats Permitted
  • Shed
  • Outbuilding

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4458
  • Assessor Parcel Number 020190490007247

Community Details

Overview

  • No Home Owners Association
  • Woodland Beach Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Beach
  • Community Playground
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,369

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2021-08-01
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Oven - Wall, Refrigerator, Washer/Dryer Hookups Only, Water Heater, Compactor, Disposal
  • Flooring Type: Ceramic Tile, Partially Carpeted, Vinyl, Wood
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Exposed Beams, Kitchen - Country, Kitchen - Eat-In, Kitchen - Island, Pantry, Primary Bath(s), Tub Shower, Walk-In Closet(s), Wood Floors
  • Window Features: Double Pane
  • Fireplace Features: Brick, Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass, Insulated
  • Wall Ceiling Types: Beamed Ceilings, Dry Wall, High, Unfinished Walls, Paneled Walls
  • Levels Count: 2
  • Room List: Primary Bedroom, Bedroom 2, Kitchen, Breakfast Room, Bedroom 1, 2nd Stry Fam Rm, Laundry, Recreation Room, Bathroom 2
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 2152
  • Living Area Sq Ft: 2152
  • Price Per Sq Ft: 232.30
  • Above Grade Finished Sq Ft: 2152
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Stone
  • Exterior Features: Outbuilding(s), Street Lights
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Spa: No
  • View: Water, Panoramic
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Public Access, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Almshouse
  • 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: Asphalt Driveway, Concrete Driveway, Lighted Parking
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available, Sewer Available, Water Available
  • Water Source: Well
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Boat Dock/Slip, Club House, Common Grounds, Pier/Dock, Tot Lots/Playground
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: EDGEWATER
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 203700.00
  • Land Assessed Value: 330500.00
  • Lot Features: Front Yard, Level, Rear Yard, Road Frontage, Sideyard(s)
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Zoning: R5
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15164878
  • Tax Annual Amount: 5369.00
  • Assessor Parcel Number: 020190490007247
  • Tax Lot: 4458
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2021
Closed on
Aug 27, 2021
Sold by
Cobb Virginia W and Cobb Bonnie L
Bought by
Banana Stand Holdings Llc
Seller's Agent
Barb Stammer
Long & Foster Real Estate, Inc.
Buyer's Agent
Debra Gasch
Redfin Corp
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$679,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,600
Avg. Annual Appreciation
7.28%
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
Banana Stand Holdings Llc $500,000 Eagle Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $500,000 0.0% $232 / Sq Ft
08/01/2021 08/01/21 For Sale $499,900 -- $232 / 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 $4,776 $621,667 -- --
2024 $4,776 $577,933 $0 $0
2023 $4,626 $534,200 $330,500 $203,700
2022 $5,410 $517,733 $0 $0
2021 $8,555 $501,267 $0 $0
2020 $4,162 $484,800 $301,000 $183,800
2019 $4,085 $462,700 $0 $0
2018 $4,468 $440,600 $0 $0
2017 $3,843 $418,500 $0 $0
2016 -- $409,233 $0 $0
2015 -- $399,967 $0 $0
2014 -- $390,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2002408

Bright MLS

APN: 01-904-90007247