NOT LISTED FOR SALE

5054 Lerch Dr Shady Side, MD 20764

Estimated Value: $595,000 - $766,000

5 Beds
3 Baths
2,148 Sq Ft
$334/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $399,900 $186 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,240/month

252 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Boat or Launch Ramp
  • River View
  • Deeded Boat Dock
  • Water Oriented
  • 0.49 Acre Lot

About This Home

As of May 2019

Live Like You're On Vacation Every Day When You're On The Water !4 Bedrooms With Potential 5th On Main Level, Kitchen And Living Room Are Open And Perfect For Entertaining, Beautiful Expansive Views Of The Water. Priced To Sell (Needs a Little TLC)

Last Agent to Sell the Property

Linda Pelton

(301) 970-2447 Lpsettlements@yahoo.com Taylor Properties License #657389 Listed on: 05/25/2018

Taylor Properties

Last Buyer's Agent

Laura Peruzzi

(410) 535-6291 mdavis@davispalumbo.com RE/MAX One

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,581

Year Built

  • Built in 1942

Lot Details

  • 0.49 Acre Lot
  • 100 Feet of Waterfront
  • Property is in very good condition
  • Property is zoned R5

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,148 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • River Views
  • Dryer
  • Attic

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • En-Suite Bathroom

Outdoor Features

  • Water Oriented
  • River Nearby
  • Boat or Launch Ramp
  • Deeded Boat Dock
  • Stream or River on Lot
  • Deck

Location

  • Flood Risk

Schools

  • Shady Side Elementary School
  • Southern Middle School
  • Southern High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Avalon Shores Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 020700101940400
  • $246 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,581

Year Built

Built in 1942

Lot Details

0.49 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1942
  • Special Features: 4108
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Interior Amenities: Attic, Kitchen - Country, Primary Bath(s), Floor Plan - Open
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2148
  • Living Area Sq Ft: 2148
  • Price Per Sq Ft: 186.17
  • Above Grade Finished Sq Ft: 2148
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • 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
  • Construction Materials: Aluminum Siding
  • Dock Type: Single Slip
  • Roof: Asphalt
  • View: River
  • Water Access: No
  • Water Body Name: SOUTH CREEK
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School: SHADY SIDE
  • High School: SOUTHERN
  • Middle Or Junior School: SOUTHERN

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 189400.00
  • Land Assessed Value: 346400.00
  • Lot Size Acres: 0.49
  • Lot Size Area: 21498
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21498.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15326743
  • Tax Annual Amount: 4580.86
  • Assessor Parcel Number: 020700101940400
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017

Multi Family

  • Dock Slip Conveyance: Deeded
  • Front Foot Fee: 245.72
  • Waterfront Features: Boat/Launch Ramp, Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Morrison Jeremy and Morrison Rachael
Bought by
Morrison Jeremy and Morrison Rachael
Current Estimated Value
$718,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,500
Outstanding Balance
$315,221
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$403,136

Purchase Details

Closed on
Apr 13, 2020
Sold by
Morrison Jeremy Wade and Morrison Jeremy
Bought by
Morrison Jeremy and Morrison Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2018
Closed on
May 10, 2019
Sold by
Porter Kathleen M and Estate Of Robert E Simpson
Bought by
Morrison Jeremy Wade
Seller's Agent
Linda Pelton
Taylor Properties
Buyer's Agent
Laura Peruzzi
RE/MAX One
List Price
$399,900
Sold Price
$399,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$379,905
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 1980
Bought by
Simpson Robert E and Simpson Kitty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
13.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Morrison Jeremy -- Accommodation
Morrison Jeremy -- Titlemax Llc
Morrison Jeremy Wade $399,900 Titlemax Llc
Simpson Robert E $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Jeremy $386,500
Closed Morrison Jeremy $386,000
Closed Morrison Jeremy Wade $379,905
Previous Owner Simpson Robert E $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $399,900 0.0% $186 / Sq Ft
01/20/2019 01/20/19 For Sale $399,900 0.0% $186 / Sq Ft
01/20/2019 01/20/19 Off Market $399,900 -- --
01/19/2019 01/19/19 For Sale $399,900 0.0% $186 / Sq Ft
01/19/2019 01/19/19 Off Market $399,900 -- --
01/09/2019 01/09/19 Price Changed $399,900 -5.9% $186 / Sq Ft
12/27/2018 12/27/18 Price Changed $425,000 -7.4% $198 / Sq Ft
10/15/2018 10/15/18 Price Changed $459,000 -5.4% $214 / Sq Ft
09/29/2018 09/29/18 Price Changed $485,000 -3.0% $226 / Sq Ft
09/15/2018 09/15/18 Price Changed $499,900 -2.9% $233 / Sq Ft
08/28/2018 08/28/18 Price Changed $515,000 -1.9% $240 / Sq Ft
05/25/2018 05/25/18 For Sale $525,000 -- $244 / 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 $6,516 $586,800 -- --
2024 $6,516 $561,200 $0 $0
2023 $6,340 $535,600 $346,400 $189,200
2022 $5,947 $529,033 $0 $0
2020 $5,688 $515,900 $346,400 $169,500
2019 $5,567 $483,700 $0 $0
2018 $246 $458,800 $0 $0
2017 $3,415 $420,300 $0 $0
2016 $246 $402,667 $0 $0
2015 $246 $385,033 $0 $0
2014 -- $367,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001612254

Bright MLS

APN: 07-001-01940400

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