NOT LISTED FOR SALE

509 Fairmount Dr Edgewater, MD 21037

Estimated Value: $583,342 - $671,000

4 Beds
3.5 Baths
2,324 Sq Ft
$266/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $449,900 $194 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,577/month

Highlights

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

About This Home

As of August 2020

TURN KEY EDGEWATER HOME READY FOR ITS NEW OWNERS! 3 level home with a garage in a wonderful water privileged community! The ground level features a full bathroom & room which could be used as the 4th bedroom or as a family room w/ wood fireplace. On the second floor you'll find the gorgeous kitchen that features granite countertops, stainless steel appliances and a breakfast bar that flows into the family room which has a gas fireplace. Deck off the kitchen with stairs leading down to your fully fenced in backyard. Upstairs you'll find 2 bedrooms plus the master suite w/ walk in closet. Also upstairs laundry! Improvements include carpet (2018), water heater (2019), garage door, generator hookup. Water privileged community with 5 sandy beaches, boat ramps, multiple fishing/crabbing piers, playgrounds & picnic areas. Recently renovated clubhouse great for parties or weddings. Dock your boat at one of the many marinas for only $15/foot per year! 1 Year Cinch Warranty Included

Last Agent to Sell the Property

James Fegan

(410) 353-0956 jj@jjfegan.com RE/MAX Executive Listed on: 07/08/2020

RE/MAX Executive

Last Buyer's Agent

Joshua Shapiro

(410) 929-5256 contracts@joshshapiroteam.com Douglas Realty, LLC License #662949

Douglas Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,510

Year Built

  • Built in 2011

Lot Details

  • 4,000 Sq Ft Lot
  • Home fronts navigable water
  • Creek or Stream
  • Property is zoned R5

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Fireplace
  • Combination Kitchen and Living
  • Formal Dining Room

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Swim Only
  • Swimming Allowed
  • Boat Ramp
  • 5 Dock Slips
  • Physical Dock Slip Conveys

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 2139
  • Assessor Parcel Number 020190490232531

Community Details

Overview

  • No Home Owners Association
  • Woodland Beach Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,510

Year Built

Built in 2011

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Reverse
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-07-10
  • Year Built: 2011
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Water Heater, Water Conditioner - Owned, Washer, Dryer, Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Combination Kitchen/Living, Entry Level Bedroom, Formal/Separate Dining Room, Primary Bath(s), Walk-In Closet(s), Wood Floors, Stove - Wood
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2710
  • Living Area Sq Ft: 2324
  • Price Per Sq Ft: 246.66
  • Above Grade Finished Sq Ft: 1824
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 386
  • Total Below Grade Sq Ft: 886
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Glebe Creek
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Zoned, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 264400.00
  • Land Assessed Value: 160000.00
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 15463306
  • Tax Annual Amount: 4510.00
  • Assessor Parcel Number: 020190490232531
  • Tax Lot: 2139
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Aug 27, 2020
Sold by
Solimena Jeffrey J and Solimena Theresa A
Bought by
Froling Kurtis W and Froling Sarah R
Seller's Agent
James Fegan
RE/MAX Executive
Buyer's Agent
Joshua Shapiro
Douglas Realty, LLC
List Price
$449,900
Sold Price
$449,900
Current Estimated Value
$595,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,159
Avg. Annual Appreciation
6.10%
Original Mortgage
$400,000
Outstanding Balance
$354,974
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$262,112

Purchase Details

Closed on
Jun 30, 2011
Sold by
Richard L Howard Const Co
Bought by
Solimena Jeffrey J and Solimena Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,150
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
Jun 24, 2011
Sold by
Richard L Howard Construction Co Inc
Bought by
Solimena Jeffrey J and Solimena Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,150
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
May 17, 2010
Sold by
Bouldin Jeanne E
Bought by
Richard L Howard Const Co
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
Froling Kurtis W $449,900 Abode Settlement Group Llc
Solimena Jeffrey J $399,000 --
Solimena Jeffrey J $399,000 Sage Title Group Llc
Solimena Jeffrey J $399,000 --
Richard L Howard Const Co $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Froling Kurtis W $400,000
Previous Owner Solimena Jeffrey J $412,150
Previous Owner Solimena Jeffrey J $412,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2020 08/27/20 Sold $449,900 0.0% $194 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $449,900 -- $194 / 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 $5,515 $465,167 -- --
2024 $5,515 $443,133 $0 $0
2023 $5,232 $421,100 $170,000 $251,100
2022 $4,991 $421,100 $170,000 $251,100
2021 $36 $421,100 $170,000 $251,100
2020 $4,572 $424,400 $160,000 $264,400
2019 $36 $402,300 $0 $0
2018 $36 $380,200 $0 $0
2017 $4,221 $358,100 $0 $0
2016 $36 $358,100 $0 $0
2015 $36 $358,100 $0 $0
2014 -- $371,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA439048

Bright MLS

APN: 01-904-90232531