NOT LISTED FOR SALE

508 Cedar Ave Edgewater, MD 21037

Estimated Value: $475,000 - $536,000

3 Beds
2 Baths
1,544 Sq Ft
$325/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $475,000 $308 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,997/month

3 Days on Market

Highlights

  • Above Ground Pool
  • Water Oriented
  • Deck
  • South River High School Rated A
  • Open Floorplan
  • Rambler Architecture

About This Home

As of September 2023

Beautiful 3 bedroom rancher on 1/3 acre in sought after community of Beverly Beach. Home features, open floor plan. Recessed lighting, 2 skylites (roof and skylites replaced in 2018). Wood and laminate floors throughout. Large sunroom/den/office/sitting room. Above ground pool with large deck overlooking huge level rear yard with patio. Rear yard is fully fenced with wooden privacy fence installed 5 years ago. Amish shed with electric. This lovely home is walking distance to the County Waterfront Park (Beverly Triton Beach) as well as the community waterfront park with playground. The Community Boat Ramp (included in the optional $25 annual HOA) is a mere 2 streets away and offers direct access to Cadle Creek, the Rhode River, and ultimately the West River providing endless opportunities for boating, fishing, and water sports.

Last Agent to Sell the Property

Tina Crow

(443) 677-0742 tina.crow@compass.com Compass Listed on: 07/21/2023

Compass

Last Buyer's Agent

Summerlea Lee

braysummerlea@yahoo.com Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,618

Year Built

  • Built in 1983

Lot Details

  • 0.29 Acre Lot
  • Privacy Fence
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned R5

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,544 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Bay Window
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces

Outdoor Features

  • Above Ground Pool
  • Water Oriented
  • Property near a bay
  • Deck
  • Patio
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Water Treatment System
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Beverley Beach Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 020104608593000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,618

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-07-21
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Refrigerator, Washer, Oven/Range - Electric
  • Interior Amenities: Combination Kitchen/Dining, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Recessed Lighting, Skylight(s), Water Treat System, Primary Bath(s), Wood Floors
  • Window Features: Bay/Bow, Double Pane, Screens
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Sun/Florida Room, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1544
  • Living Area Sq Ft: 1544
  • Price Per Sq Ft: 291.45
  • Above Grade Finished Sq Ft: 1544
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Pool Features: Above Ground
  • Water Access: No
  • Water Body Name: Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • 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: Private

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Rear, Privacy
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12460.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3618.00
  • Assessor Parcel Number: 020104608593000
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Sep 6, 2023
Sold by
Dabbs Timothy A and Dabbs Erin B
Bought by
Lee Toni
Seller's Agent
Tina Crow
Compass
Buyer's Agent
Summerlea Lee
Berkshire Hathaway HomeServices PenFed Realty
List Price
$450,000
Sold Price
$475,000
Premium/Discount to List
$25,000
5.56%
Views
135
Current Estimated Value
$501,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,465
Avg. Annual Appreciation
2.39%
Original Mortgage
$466,396
Outstanding Balance
$456,223
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$45,242

Purchase Details

Listed on
Mar 4, 2015
Closed on
Apr 28, 2015
Sold by
Welle Robbie E and Welle Jenna E
Bought by
Dabbs Timothy A and Dabbs Erin B
Seller's Agent
Patricia Pell
Champion Realty, Inc.
Buyer's Agent
Tina Crow
Compass
List Price
$335,000
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$318,250
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2014
Sold by
Welle Robbie E and Young Jenna E
Bought by
Welle Robbie E and Welle Jenna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,700
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2009
Sold by
Santorios Demetre S
Bought by
Welle Robbie E and Young Jenna E

Purchase Details

Closed on
Jun 5, 2003
Sold by
Santorios Demetre S
Bought by
Santorios Demetre S and Santorios Rebecca A

Purchase Details

Closed on
Sep 30, 1988
Sold by
Grzesiak Michael E
Bought by
Santorios Demetre S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,300
Interest Rate
10.42%
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
Lee Toni $475,000 Eagle Title
Lee Toni $475,000 Eagle Title
Dabbs Timothy A $335,000 Key Title Inc
Welle Robbie E -- Capitol Title Ins Agency Inc
Welle Robbie E $280,000 --
Santorios Demetre S -- --
Santorios Demetre S $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Toni $466,396
Closed Lee Toni $466,396
Previous Owner Dabbs Timothy A $318,250
Previous Owner Welle Robbie E $263,700
Previous Owner Santorios Demetre S $99,300
Closed Santorios Demetre S --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2023 09/06/23 Sold $475,000 +5.6% $308 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $450,000 +34.3% $291 / Sq Ft
04/28/2015 04/28/15 Sold $335,000 0.0% $217 / Sq Ft View Prior Sale
03/24/2015 03/24/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $335,000 0.0% $217 / Sq Ft
03/07/2015 03/07/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $335,000 0.0% $217 / Sq Ft
03/04/2015 03/04/15 Off Market $335,000 -- --
03/04/2015 03/04/15 For Sale $335,000 -- $217 / 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 $4,337 $368,633 -- --
2024 $4,337 $345,667 $0 $0
2023 $3,657 $322,700 $214,000 $108,700
2022 $3,419 $313,633 $0 $0
2021 $6,717 $304,567 $0 $0
2020 $3,258 $295,500 $194,000 $101,500
2019 $3,245 $280,733 $0 $0
2018 $2,697 $265,967 $0 $0
2017 $3,043 $251,200 $0 $0
2016 -- $251,200 $0 $0
2015 -- $251,200 $0 $0
2014 -- $261,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2064712

Bright MLS

APN: 01-046-08593000