NOT LISTED FOR SALE

507 Fairmount Dr Edgewater, MD 21037

Estimated Value: $427,693 - $481,000

3 Beds
2 Baths
1,752 Sq Ft
$255/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $350,000 $200 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,686/month

33 Days on Market

Highlights

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

About This Home

As of July 2021

PRICE IMPROVEMENT with a VERY MOTIVATED SELLER!!!! Charming three bedroom home in an award winning Blue Ribbon School district. Stunning water views are steps away in this waterfront community with its private beaches, marina, and boat ramp. Primary and second bedrooms and bath are on the main level plus a light filled bedroom and full bath on the lower level. Primary bedroom has extra space for a lovely sitting area to curl up with a good book. Huge recreation room is ideal for game nights and family fun plus tons of storage for all the toys. Seller is providing a 1-yr Super "Secure" Home Warranty. Stop by today to see this home and make it yours!!

Last Agent to Sell the Property

Karen Andreozzi

(240) 620-4331 karenandreozzi@kw.com Keller Williams Preferred Properties License #0225239514 Listed on: 05/06/2021

Keller Williams Preferred Properties

Last Buyer's Agent

Dana McConville

(410) 507-1456 mcconvilledana@gmail.com Keller Williams Flagship

Keller Williams Flagship

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,292

Year Built

  • Built in 1979

Lot Details

  • 4,000 Sq Ft Lot
  • Home fronts navigable water
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Back Yard
  • Property is zoned R5

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Corner Fireplace
  • Non-Functioning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Electric Oven or Range
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Side Basement Entry
  • Sump Pump
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Personal Watercraft
  • Sail
  • Swimming Allowed
  • Powered Boats Permitted
  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Water Treatment System
  • 60 Gallon+ Electric Water Heater
  • Well

Listing and Financial Details

  • Tax Lot 2137
  • Assessor Parcel Number 020190490019158

Community Details

Overview

  • No Home Owners Association
  • Woodland Beach Subdivision

Amenities

  • Common Area
  • Community Center

Recreation

  • Boat Ramp
  • Pier or Dock
  • 1 Community Docks
  • Beach
  • Community Basketball Court
  • Community Playground
  • Fishing Allowed
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,292

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-05-06
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Oven/Range - Electric
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Skylight(s), Water Treat System, Window Treatments
  • Fireplace Features: Corner, Non-Functioning, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Side Entrance, Sump Pump, Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1752
  • Living Area Sq Ft: 1752
  • Price Per Sq Ft: 359.64
  • Above Grade Finished Sq Ft: 984
  • Below Grade Finished Sq Ft: 768
  • Total Below Grade Sq Ft: 768
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Mixed, Brick, Vinyl Siding
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Swimming Allowed, Sail
  • Water Access: Yes
  • Water Body Name: Glebe Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Community Center, Pier/Dock, Tot Lots/Playground, Basketball Courts, Boat Ramp, Common Grounds, Jog/Walk Path
  • 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: EDGEWATER
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Chain Link, Wood
  • Improvement Assessed Value: 142100.00
  • Land Assessed Value: 170000.00
  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15165090
  • Tax Annual Amount: 3292.00
  • Assessor Parcel Number: 020190490019158
  • Tax Lot: 2137
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jul 16, 2021
Sold by
Witt Marcia
Bought by
Chaney Joshua M
Seller's Agent
Karen Andreozzi
Keller Williams Preferred Properties
Buyer's Agent
Dana McConville
Keller Williams Flagship
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%
Current Estimated Value
$446,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,923
Avg. Annual Appreciation
5.65%
Original Mortgage
$343,660
Outstanding Balance
$311,818
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$135,105

Purchase Details

Closed on
Dec 26, 2019
Sold by
Witt Marcia and Zilliacus Marcia W
Bought by
Witt Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,662
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2016
Sold by
Zilliacus Marcia W and Zilliacus Patrick Zilliacus
Bought by
Zilliacus Marcia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,800
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2007
Sold by
Christian Douglas L
Bought by
Baldwin Marcia W and Baldwin Patrick Zilliacus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2007
Sold by
Christian Douglas L
Bought by
Baldwin Marcia W and Baldwin Patrick Zilliacus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2002
Sold by
Walsh Thomas E
Bought by
Christian Douglas L
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
Chaney Joshua M $350,000 Home First Title Group Llc
Witt Marcia -- None Available
Zilliacus Marcia W -- Home First Title Group Llc
Baldwin Marcia W $305,000 --
Baldwin Marcia W $305,000 --
Christian Douglas L $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaney Joshua M $343,660
Previous Owner Witt Marcia $278,662
Previous Owner Zilliacus Marcia W $285,800
Previous Owner Baldwin Marcia W $305,000
Previous Owner Baldwin Marcia W $305,000
Closed Christian Douglas L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $350,000 -1.1% $200 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/03/2021 06/03/21 Price Changed $353,888 -1.4% $202 / Sq Ft
05/26/2021 05/26/21 Price Changed $359,000 -0.3% $205 / Sq Ft
05/06/2021 05/06/21 For Sale $360,000 -- $205 / 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 $4,136 $347,367 -- --
2024 $4,136 $329,733 $0 $0
2023 $4,017 $312,100 $170,000 $142,100
2022 $3,762 $303,500 $0 $0
2021 $3,119 $294,900 $0 $0
2020 $3,119 $286,300 $160,000 $126,300
2019 $5,975 $266,567 $0 $0
2018 $2,503 $246,833 $0 $0
2017 $2,867 $227,100 $0 $0
2016 -- $226,300 $0 $0
2015 -- $225,500 $0 $0
2014 -- $224,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA466392

Bright MLS

APN: 01-904-90019158