NOT LISTED FOR SALE

502 Hope Chapel Rd Edgewater, MD 21037

Selby-on-the-Bay Neighborhood

Estimated Value: $713,000 - $777,000

-- Bed
-- Bath
2,341 Sq Ft
$321/Sq Ft Est. Value

About This Home

This home is located at 502 Hope Chapel Rd, Edgewater, MD 21037 and is currently estimated at $750,483, approximately $320 per square foot. 502 Hope Chapel Rd is a home with nearby schools including Central Elementary School, Central Middle School, and South River High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2024
Sold by
Lamb Penny Kay
Bought by
Penny Kay Lamb Living Trust and Lamb
Current Estimated Value
$750,483

Purchase Details

Closed on
May 27, 2021
Sold by
Slagle Renee
Bought by
Lamb Penny Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,795
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Penny Kay Lamb Living Trust -- None Listed On Document
Penny Kay Lamb Living Trust -- None Listed On Document
Lamb Penny Kay $160,000 Home First Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamb Penny Kay $507,795
Source: Public Records

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 $6,602 $606,633 -- --
2024 $6,602 $575,367 $0 $0
2023 $6,415 $544,100 $255,800 $288,300
2022 $2,151 $205,800 $205,800 $0
2021 $2,153 $205,800 $205,800 $0
2020 $2,153 $205,800 $205,800 $0
2019 $2,155 $205,800 $205,800 $0
2018 $2,087 $205,800 $205,800 $0
Source: Public Records

Map

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

502 Hope Chapel Rd, Edgewater, MD

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