NOT LISTED FOR SALE

514 Fairmount Dr Edgewater, MD 21037

Estimated Value: $438,000 - $463,000

4 Beds
2.5 Baths
1,396 Sq Ft
$319/Sq Ft Est. Value

Last Sold October 24, 2016

Last sale price $270,000 $193 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,687/month

Highlights

  • Home fronts navigable water
  • Water Access
  • Wood Flooring
  • South River High School Rated A
  • Traditional Floor Plan
  • No HOA

About This Home

As of May 2024

This lovely home is located in the water oriented community of Woodland Beach.
The Bay is within a couple of blocks away from this home.
Well water with water filtration system.
This home features an enclosed porch that leads to a ample deck overlooking the backyard - perfect for entertaining.
Updated kitchen.
Hardwood flooring in the living/dining room.
All bedrooms are carpeted.
The lower level has an additional bedroom, full bath and family room.
This is such a great location. Close to downtown Annapolis, Bay Bridge-Sandy Point, and major commuter routes.
Dog Friendly - under 45lbs

Last Agent to Rent the Property

Suleman Hooda

(410) 294-5233 hooda.suleman@gmail.com Johnson-Needham Realty LLC Listed on: 04/15/2024

Last Renter's Agent

Carol Tinnin

(410) 808-1838 ctinnin2003@yahoo.com RE/MAX Leading Edge License #95095

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 5,260 Sq Ft Lot
  • Home fronts navigable water
  • Partially Fenced Property
  • Back and Front Yard
  • Property is in good condition
  • Property is zoned R5

Home Design

  • Split Foyer
  • Aluminum Siding

Interior Spaces

  • Property has 1.5 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Combination Dining and Living Room
  • Laundry on lower level

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Finished Basement

  • Connecting Stairway
  • Basement Windows

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Water Access
  • Property near a bay
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Water Treatment System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Woodland Beach Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,650
  • Tenant pays for cable TV, electricity, lawn/tree/shrub care, light bulbs/filters/fuses/alarm care, sewer, all utilities
  • The owner pays for management, sewer maintenance
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 5/1/24
  • Assessor Parcel Number 020190405900511

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Rental Info

  • Date Available: 2024-05-01
  • Owner Pays: Management, Sewer Maintenance
  • Pets: Dogs Ok, Breed Restrictions, Pet Addendum/Deposit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Security Deposit: 2650.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Electricity, Lawn/Tree/Shrub Care, Light Bulbs/Filters/Fuses/Alarm Care, Sewer, Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1978
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Water Treat System, Window Treatments, Recessed Lighting, Floor Plan - Traditional, Dining Area, Combination Dining/Living, Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 1.5
  • Basement: Yes
  • Basement Type: Daylight, Partial, Connecting Stairway, Fully Finished, Windows
  • Laundry Type: Lower Floor, Dryer In Unit, Washer In Unit, Has Laundry
  • Total Sq Ft: 1396
  • Living Area Sq Ft: 1396
  • Price Per Sq Ft: 2.66
  • Above Grade Finished Sq Ft: 996
  • Below Grade Finished Sq Ft: 400
  • Total Below Grade Sq Ft: 400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding
  • Exterior Features: Street Lights
  • Spa: No
  • Water Access: Yes
  • 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

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: 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

Lot Info

  • Fencing: Partially
  • Lot Features: Rear Yard, Front Yard
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5260.00
  • Property Condition: Good
  • Zoning: R5

Tax Info

  • Assessor Parcel Number: 020190405900511

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2016
Closed on
Oct 12, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Brady Kristine
Seller's Agent
Angela Demattia
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Susanne Kneeland
Long & Foster Real Estate, Inc.
List Price
$259,900
Sold Price
$270,000
Premium/Discount to List
$10,100
3.89%
Current Estimated Value
$445,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,513
Avg. Annual Appreciation
5.59%
Original Mortgage
$243,000
Outstanding Balance
$194,563
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$250,951

Purchase Details

Closed on
Feb 20, 2015
Sold by
Zois Kathleen D and Zois Timothy G
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 6, 2000
Sold by
Burge Carolyn M
Bought by
Zois Timothy G and Zois Kathleen D
Source: Public Records
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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
Brady Kristine $270,000 Security American Title Llc
Federal Home Loan Mortgage Corporation $150,000 None Available
Zois Timothy G $148,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brady Kristine $243,000
Closed Zois Timothy G --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2024 05/03/24 Rented $2,650 0.0% --
04/15/2024 04/15/24 For Rent $2,650 0.0% --
10/24/2016 10/24/16 Sold $270,000 +3.9% $271 / Sq Ft View Prior Sale
09/19/2016 09/19/16 Pending -- -- --
08/29/2016 08/29/16 For Sale $259,900 -- $261 / 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 $4,281 $342,267 -- --
2024 $4,281 $323,133 $0 $0
2023 $3,510 $304,000 $172,800 $131,200
2022 $3,299 $300,233 $0 $0
2020 $3,160 $292,700 $162,800 $129,900
2019 $6,048 $269,300 $0 $0
2018 $2,493 $245,900 $0 $0
2017 $2,890 $222,500 $0 $0
2016 -- $222,033 $0 $0
2015 -- $221,567 $0 $0
2014 -- $221,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2082354

Bright MLS

APN: 01-904-05900511