NOT LISTED FOR SALE

525 Fairmount Dr Edgewater, MD 21037

Estimated Value: $459,000 - $474,345

4 Beds
2 Baths
1,280 Sq Ft
$364/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $335,000 $262 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,854/month

12 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Rambler Architecture
  • South River High School Rated A
  • Gourmet Kitchen
  • Combination Kitchen and Living

About This Home

As of May 2016

Direct water views from most rooms. HVAC, Air handler 2 yrs. old. Bamboo flooring, remodeled gorgeous kitchen with upgrade appliances (2.5 yrs) Granite, Solar panels reduce heat bill, Solar city is assigned with home. All baths ceramic and a beautiful fenced yard w/shed. This home has been updated throughout 3 bedrooms & Den or 4 bedrooms.

Last Agent to Sell the Property

Terry Catalano

(410) 224-3200 mrstlcatalano@aol.com RE/MAX Leading Edge Listed on: 03/14/2016

RE/MAX Leading Edge

Last Buyer's Agent

Chris May

(410) 761-9500 chrismayrealtor@gmail.com May Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,336

Year Built

  • Built in 1939

Lot Details

  • 5,000 Sq Ft Lot
  • Property is zoned R5

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Aluminum Siding

Interior Spaces

  • Property has 1 Level
  • Combination Kitchen and Living

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Level Entry For Accessibility

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2156
  • Assessor Parcel Number 020190490086257

Community Details

Overview

  • No Home Owners Association
  • Woodland Beach Subdivision

Amenities

  • Picnic Area

Recreation

  • Boat Ramp
  • Boat Dock
  • Mooring Area
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,336

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1939
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Kitchen - Island, Combination Kitchen/Living
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Aluminum Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas Available
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Beach, Boat Dock/Slip, Mooring Area, Picnic Area
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: EDGEWATER
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Lot Info

  • Improvement Assessed Value: 90500.00
  • Land Assessed Value: 111700.00
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Attached Yn: No
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15165433
  • Tax Annual Amount: 2336.26
  • Assessor Parcel Number: 020190490086257
  • Tax Lot: 2156
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
May 13, 2016
Sold by
Allen Matthew and Allen Stacy
Bought by
Conway Michael P and Flanagan Colleen R
Seller's Agent
Terry Catalano
RE/MAX Leading Edge
Buyer's Agent
Chris May
May Realty
List Price
$329,900
Sold Price
$335,000
Premium/Discount to List
$5,100
1.55%
Current Estimated Value
$466,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,086
Avg. Annual Appreciation
3.46%
Original Mortgage
$284,750
Outstanding Balance
$226,088
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$239,998

Purchase Details

Listed on
Dec 17, 2012
Closed on
Apr 1, 2013
Sold by
Leukhardt Marion S
Bought by
Allen Matthew and Allen Stacy
Seller's Agent
James Blackwell
Blackwell Real Estate, LLC
Buyer's Agent
Patricia Gilliece
RE/MAX Realty Centre, Inc.
List Price
$330,000
Sold Price
$270,000
Premium/Discount to List
-$60,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$243,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2005
Sold by
Leukhardt George R
Bought by
Leukhardt Marion S

Purchase Details

Closed on
Jun 22, 1994
Sold by
Warner John S
Bought by
Leukhardt George R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
8.74%
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
Conway Michael P $335,000 Northco Title Corporation
Allen Matthew $270,000 First American Title Ins Co
Leukhardt Marion S -- --
Leukhardt George R $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conway Michael P $284,750
Previous Owner Allen Matthew $243,000
Previous Owner Leukhardt George R $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2016 05/13/16 Sold $335,000 +1.5% $262 / Sq Ft
03/26/2016 03/26/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $329,900 +22.2% $258 / Sq Ft
04/01/2013 04/01/13 Sold $270,000 -5.2% $211 / Sq Ft View Prior Sale
01/14/2013 01/14/13 Pending -- -- --
01/02/2013 01/02/13 Price Changed $284,900 -5.0% $223 / Sq Ft
12/24/2012 12/24/12 Price Changed $299,900 -9.1% $234 / Sq Ft
12/17/2012 12/17/12 For Sale $330,000 -- $258 / Sq Ft
Source: Bright MLS

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 $4,570 $376,700 -- --
2024 $4,570 $353,200 $0 $0
2023 $4,274 $329,700 $214,700 $115,000
2022 $4,010 $323,433 $0 $0
2020 $3,839 $310,900 $202,200 $108,700
2019 $3,463 $274,667 $0 $0
2018 $2,418 $238,433 $0 $0
2017 $2,643 $202,200 $0 $0
2016 -- $199,567 $0 $0
2015 -- $196,933 $0 $0
2014 -- $194,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001297783

Bright MLS

APN: 01-904-90086257