NOT LISTED FOR SALE

529 Fairmount Dr Edgewater, MD 21037

Estimated Value: $502,000 - $1,034,000

2 Beds
1 Bath
792 Sq Ft
$830/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $375,000 $473 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,859/month

51 Days on Market

Highlights

  • Marina View
  • Home fronts navigable water
  • Fishing Allowed
  • South River High School Rated A
  • Canoe or Kayak Water Access
  • Deck

About This Home

As of December 2018

Views, views and more views! You'll fall in love with this charming 2 bedroom cottage! Lots of glass to let in the natural light. Enjoy the large wrap around deck and patio for your cook outs and crab fests. Large back yard with 3 out buildings for storage, garden shed or workshop. Home has cathedral ceilings, gas fireplace and hardwood floors. The loft space could be used for office or add a closet and make it a 3rd bedroom. The community offers 5 beaches, 5 marinas, fishing pier and playground. Affordable boat slips available right across the street! Come take a look...you won't want to leave!

Last Agent to Sell the Property

Arian Lucas

(443) 569-2724 arian@slsrealtors.com Lofgren-Sargent Real Estate License #609740 Listed on: 10/19/2018

Last Buyer's Agent

Fletcher Bauman

(410) 263-2000 FletchMFP@icloud.com Meredith Fine Properties License #36391

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,727

Year Built

  • Built in 1985

Lot Details

  • 5,990 Sq Ft Lot
  • Home fronts navigable water
  • Landscaped
  • Open Lot
  • Back Yard
  • Property is in very good condition
  • Property is zoned R5

Property Views

  • Marina
  • River

Home Design

  • Cottage
  • Entry on the 1st floor
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 792 Sq Ft Home
  • Property has 1.5 Levels
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Fireplace

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • River Nearby
  • Sail
  • Swimming Allowed
  • Powered Boats Permitted
  • Deck
  • Wrap Around Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Well

Listing and Financial Details

  • Tax Lot 2163
  • Assessor Parcel Number 020190401950208

Community Details

Overview

  • No Home Owners Association
  • Woodland Beach Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,727

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1985
  • Year Renovated: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer, Stove
  • Entry Floor: 1
  • Flooring Type: Hardwood, Partially Carpeted, Vinyl
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 792
  • Living Area Sq Ft: 792
  • Price Per Sq Ft: 473.48
  • Above Grade Finished Sq Ft: 792
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Roof: Shingle
  • View: Marina, River, Water
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Sail, Swimming Allowed, Boat - Powered
  • Water Access: Yes
  • Water Body Name: Glebe Bay
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: EDGEWATER
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Lot Info

  • Horses: No
  • Lot Features: Landscaping, Open, Rear Yard
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5990.00
  • Outdoor Living Structures: Deck(s), Wrap Around
  • Property Condition: Very Good
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 3727.00
  • Assessor Parcel Number: 020190401950208
  • Tax Lot: 2163
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Dec 28, 2018
Sold by
Schwenk Paula Shelton and Shelton Paula
Bought by
Fritz William C and Fritz Stephanie K
Seller's Agent
Arian Lucas
Lofgren-Sargent Real Estate
Buyer's Agent
Fletcher Bauman
Meredith Fine Properties
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$657,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,506
Avg. Annual Appreciation
8.41%
Original Mortgage
$356,250
Outstanding Balance
$314,475
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$343,031

Purchase Details

Closed on
Sep 27, 2001
Sold by
Woodall Scargill Lloyd
Bought by
Shelton Paula

Purchase Details

Closed on
Mar 25, 1998
Sold by
Casso Mark A
Bought by
Woodall Scargill Lloyd and Woodall Linda L
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
Fritz William C $375,000 Chancellor Title Services In
Shelton Paula $210,000 --
Woodall Scargill Lloyd $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fritz William C $356,250
Closed Woodall Scargill Lloyd --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $375,000 0.0% $473 / Sq Ft
12/09/2018 12/09/18 Pending -- -- --
12/09/2018 12/09/18 Off Market $375,000 -- --
12/08/2018 12/08/18 For Sale $375,000 0.0% $473 / Sq Ft
11/22/2018 11/22/18 Pending -- -- --
11/15/2018 11/15/18 For Sale $375,000 0.0% $473 / Sq Ft
10/23/2018 10/23/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $375,000 -- $473 / 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 $4,964 $459,400 -- --
2024 $4,964 $417,200 $0 $0
2023 $4,809 $375,000 $313,400 $61,600
2022 $4,589 $375,000 $313,400 $61,600
2021 $9,178 $375,000 $313,400 $61,600
2020 $4,530 $390,800 $286,900 $103,900
2019 $7,327 $363,700 $0 $0
2018 $3,413 $336,600 $0 $0
2017 $2,794 $309,500 $0 $0
2016 -- $301,133 $0 $0
2015 -- $292,767 $0 $0
2014 -- $284,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1009943154

Bright MLS

APN: 01-904-01950208