NOT LISTED FOR SALE

502 Bay View Point Dr Edgewater, MD 21037

Selby-on-the-Bay Neighborhood

Estimated Value: $1,139,000 - $1,819,000

2 Beds
1 Bath
864 Sq Ft
$1,586/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $850,000 $984 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $8,086/month

Highlights

  • Home fronts navigable water
  • Water Access
  • Cape Cod Architecture
  • Central Middle School Rated A-
  • River View
  • No HOA

About This Home

As of July 2021

Loch Haven waterfront beach cottage on the South River! Sold for value of land and footprint. New construction to be built. Construction perm financing.

Last Agent to Sell the Property

Arian Lucas

(443) 569-2724 arian@slsrealtors.com Lofgren-Sargent Real Estate License #609740 Listed on: 04/08/2021

Last Buyer's Agent

Arian Lucas

(443) 569-2724 arian@slsrealtors.com Lofgren-Sargent Real Estate License #609740 Listed on: 04/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,799

Year Built

  • Built in 1965

Lot Details

  • 7,300 Sq Ft Lot
  • Home fronts navigable water
  • Property is zoned R5

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • Property has 1 Level
  • River Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • River Nearby

Schools

  • Central Elementary And Middle School
  • South River High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Back Up Oil Heat Pump System
  • Hot Water Baseboard Heater
  • Well
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Loch Haven Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 020148000833702

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,799

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 864
  • Living Area Sq Ft: 864
  • Price Per Sq Ft: 983.80
  • Above Grade Finished Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet

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: Vinyl Siding
  • View: River
  • Water Access: Yes
  • Water Body Name: SOUTH RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Oil
  • Heating Type: Heat Pump(s), Heat Pump - Oil Backup, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • 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: CENTRAL
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7300.00
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6799.00
  • Assessor Parcel Number: 020148000833702
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jul 28, 2021
Sold by
Duffy Lawrence M and Duffy June D
Bought by
Wise Denise M and Wise James Ray
Seller's Agent
Arian Lucas
Lofgren-Sargent Real Estate
Buyer's Agent
Arian Lucas
Lofgren-Sargent Real Estate
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,370,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,375
Avg. Annual Appreciation
11.60%
Original Mortgage
$1,308,000
Interest Rate
2.87%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 10, 2014
Sold by
Duffy Lawrence Michael and Duffy Diane
Bought by
Duffy Lawrence Michael

Purchase Details

Closed on
Oct 10, 2000
Sold by
Cunningham Vernon B
Bought by
Duffy Lawrence Michael and Duffy Diane

Purchase Details

Closed on
Aug 30, 1994
Sold by
Bramhall Eleanor E
Bought by
Cunningham Vernon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wise Denise M $850,000 Freestate Ttl Svcs Of Annapo
Duffy Lawrence Michael -- None Available
Duffy Lawrence Michael $351,000 --
Cunningham Vernon B $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wise Denise M $1,308,000
Previous Owner Cunningham Vernon B $50,000
Closed Duffy Lawrence Michael --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2021 07/28/21 Sold $850,000 0.0% $984 / Sq Ft
04/08/2021 04/08/21 For Sale $850,000 -- $984 / 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 $10,441 $1,041,133 -- --
2024 $10,441 $957,467 $0 $0
2023 $10,111 $873,800 $503,300 $370,500
2022 $6,828 $603,100 $503,300 $99,800
2021 $6,828 $603,100 $503,300 $99,800
2020 $6,984 $621,600 $523,300 $98,300
2019 $6,660 $599,133 $0 $0
2018 $5,847 $576,667 $0 $0
2017 $5,876 $554,200 $0 $0
2016 -- $534,833 $0 $0
2015 -- $515,467 $0 $0
2014 -- $496,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Arian Lucas

    Seller's Agent in 2021

    Arian Lucas

    Lofgren-Sargent Real Estate

    (443) 569-2724

    30 in this area

    192 Total Sales

    Arian Lucas
    Section Image
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Map

Source: Bright MLS

MLS Number: MDAA464284

Bright MLS

APN: 01-480-00833702

Maryland Anne Arundel County Edgewater 21037 Selby-on-the-Bay

502 Bay View Point Dr, Edgewater, MD

Not Listed for Sale

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