Seller's Agent in 2023
Nicki Palermo
RE/MAX One
(240) 876-4075
56 in this area
253 Total Sales
5128 Marx Dr West River, MD 20778
Estimated Value: $550,662 - $588,000
3
Beds
2.5
Baths
1,846
Sq Ft
$306/Sq Ft
Est. Value
Highlights
- 0.46 Acre Lot
- Wood Flooring
- Upgraded Countertops
- Colonial Architecture
- 1 Fireplace
- Formal Dining Room
About This Home
As of December 2023Welcome to your dream home in the serene waterside community of Cedarlea, nestled in the heart of West River, Maryland. This delightful colonial residence offers three bedrooms, 2 1/2 baths, and it's the epitome of comfort and tranquility. Step inside, and you'll immediately appreciate the elegance of brand-new burch hardwood floors installed just this year. The entire house has been freshly painted, creating a clean, bright canvas that's ready for your personal touch. Throughout the house, you'll find thoughtful upgrades that enhance both the style and functionality of your living space.
However, the true charm of this property unfolds outdoors. The private backyard, with its coveted views of nature, is a sight to behold. It's a space where you can truly unwind and connect with the beauty of the natural world. The deck on the back is your oasis for morning coffee, outdoor gatherings, or simply a peaceful retreat at the end of the day. With a two-car garage, you have ample space for your vehicles and additional storage, adding convenience to your daily life. This wonderful feature complements the tranquil setting of the property, situated on a quiet, no-through street. Here, you'll find a peaceful and friendly neighborhood where traffic is minimal and the atmosphere is truly serene. Cedarlea is a water-oriented community, it offers you unique opportunities for waterfront living. Enjoy launching your boat/jet ski from the gated community boat ramp, try fishing or crabbing off the community pier. Whether you enjoy boating, fishing, or simply basking in the beauty of the waterfront, you'll find it all right here at Marx Dr. Welcome Home!
Last Agent to Sell the Property
(240) 876-4075 justasknicki@gmail.com RE/MAX One License #531682 Listed on: 10/26/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,265
Year Built
- Built in 1988
Lot Details
- 0.46 Acre Lot
- Property is in excellent condition
- Property is zoned R1
HOA Fees
- $24 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Colonial Architecture
- Permanent Foundation
- Vinyl Siding
Interior Spaces
- 1,846 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Skylights
- 1 Fireplace
- Family Room Off Kitchen
- Formal Dining Room
- Upgraded Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
Accessible Home Design
- Level Entry For Accessibility
Utilities
- Central Air
- Heat Pump System
- Well
- Electric Water Heater
Community Details
- Cedarlea Subdivision
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 020715990029917
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2023
Closed on
Dec 1, 2023
Sold by
Merson Brandy L
Bought by
Eshelman Chase Alan and Eshelman Stephanie
Seller's Agent
Nicki Palermo
RE/MAX One
Buyer's Agent
Lisa Colmus
RE/MAX One
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Views
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,166
Avg. Annual Appreciation
4.23%
Original Mortgage
$416,000
Outstanding Balance
$409,470
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$155,696
Purchase Details
Listed on
Apr 15, 2021
Closed on
May 18, 2021
Sold by
Hug Deborah Sue and Estate Of Walter Lee Hudson
Bought by
Merson Brandy L
Seller's Agent
Kookie Catevenis
Coldwell Banker Realty
Buyer's Agent
Nicki Palermo
RE/MAX One
List Price
$430,000
Sold Price
$445,000
Premium/Discount to List
$15,000
3.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$400,500
Interest Rate
2.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 16, 1988
Sold by
Vonschwerdtner F E
Bought by
Hudson Walter L and Hudson Edith J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,600
Interest Rate
10.57%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eshelman Chase Alan | $520,000 | Eagle Title | |
| Eshelman Chase Alan | $520,000 | Eagle Title | |
| Merson Brandy L | $445,000 | Maryland Trust T&E Llc | |
| Hudson Walter L | $153,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Eshelman Chase Alan | $416,000 | |
| Closed | Eshelman Chase Alan | $416,000 | |
| Previous Owner | Merson Brandy L | $400,500 | |
| Previous Owner | Hudson Walter L | $60,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/01/2023 12/01/23 | Sold | $520,000 | -1.0% | $282 / Sq Ft | |
| 10/26/2023 10/26/23 | For Sale | $525,000 | +18.0% | $284 / Sq Ft | |
| 05/18/2021 05/18/21 | Sold | $445,000 | +3.5% | $241 / Sq Ft | View Prior Sale |
| 04/21/2021 04/21/21 | Pending | -- | -- | -- | |
| 04/15/2021 04/15/21 | For Sale | $430,000 | -- | $233 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,913 | $424,800 | -- | -- |
| 2024 | $4,913 | $402,800 | $0 | $0 |
| 2023 | $4,632 | $380,800 | $203,000 | $177,800 |
| 2022 | $4,354 | $375,467 | $0 | $0 |
| 2021 | $6,419 | $370,133 | $0 | $0 |
| 2020 | $3,117 | $364,800 | $173,000 | $191,800 |
| 2019 | $6,112 | $349,200 | $0 | $0 |
| 2018 | $3,383 | $333,600 | $0 | $0 |
| 2017 | $2,836 | $318,000 | $0 | $0 |
| 2016 | -- | $315,167 | $0 | $0 |
| 2015 | -- | $312,333 | $0 | $0 |
| 2014 | -- | $309,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nicki Palermo
-
Lisa Colmus
Buyer's Agent in 2023
Lisa Colmus
RE/MAX
(301) 706-0322
2 in this area
37 Total Sales
-
K
Seller's Agent in 2021
Kookie Catevenis
Coldwell Banker (NRT-Southeast-MidAtlantic)
Map
Source: Bright MLS
MLS Number: MDAA2071344
APN: 07-159-90029917
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