NOT LISTED FOR SALE

58 Leeland Rd Edgewater, MD 21037

Estimated Value: $1,954,773

3 Beds
4.5 Baths
3,667 Sq Ft
$533/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $1,655,000 $451 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $11,479/month

276 Days on Market

Highlights

  • 240 Feet of Waterfront
  • 5 Dock Slips
  • 1.13 Acre Lot
  • South River High School Rated A
  • Pier
  • Creek or Stream View

About This Home

As of October 2021

FOR COMP PURPOSES ONLY. THIS PROPERTY WAS CO-LISTED WITH HYATT COMMERCIAL Rare opportunity to own this private, boutique marina with 23 deep water slips updated residence and office, bath house, garage, vintage boat shed and plenty of parking. Located at the end of a quiet street, yet convenient to shopping, bars, restaurants, Parole Town Center and downtown Annapolis. And, ideally situated on Warehouse Creek, just off the South River and downstream from the Rt. 2 bridge, the marina and residence/office enjoys protected water, beautiful views and an ideal elevation. The home/office is designed as two separate, and recently renovated, units with 2 kitchens, 3 bedrooms, 4.5 bathrooms, beautiful water views from nearly every room and upgrades throughout. The marina features heavy upgrades to the pier and electric. SHOWINGS BY APPOINTMENT ONLY. PLEASE DO NOT DRIVE BY THE PROPERTY WITHOUT SCHEDULING AN APPOINTMENT. FOR COMP PURPOSES. PROPERTY IS CURRENTY UNDER CONTRACT WITH A COMMERCIAL BROKER.

Last Agent to Sell the Property

Travis Gray

(301) 641-0809 travis.gray@evrealestate.com Engel & Völkers Annapolis License #636268 Listed on: 08/29/2020

Engel & Völkers Annapolis

Last Buyer's Agent

Travis Gray

(301) 641-0809 travis.gray@evrealestate.com Engel & Völkers Annapolis License #636268 Listed on: 08/29/2020

Engel & Völkers Annapolis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,944

Lot Details

  • 1.13 Acre Lot
  • 240 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Property is zoned SEE DOCUMENTS.

Parking

  • 1 Car Detached Garage
  • 30 Driveway Spaces
  • Front Facing Garage
  • Gravel Driveway
  • Parking Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,667 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Den
  • Creek or Stream Views
  • Unfinished Basement

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Water Access
  • Personal Watercraft
  • Physical Dock Slip Conveys
  • 5 Dock Slips
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Deck
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • On Site Septic

Community Details

  • No Home Owners Association
  • Edgewater Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020100007242000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,944

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 9/11/2020 12:00:00 AM
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dryer, Dishwasher, Water Conditioner - Owned, Oven/Range - Electric, Washer, Exhaust Fan
  • Interior Amenities: Ceiling Fan(s), Water Treat System
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen, Family Room, Den, Foyer, Primary Bathroom
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3667
  • Living Area Sq Ft: 3667
  • Price Per Sq Ft: 545.13
  • Above Grade Finished Sq Ft: 3667
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Wood Siding
  • Roof: Asphalt
  • View: Creek/Stream
  • Water Access Features: Personal Watercraft (PWC)
  • Water Access: Yes
  • Water Body Name: Warehouse Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 240

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Crushed Stone
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 31
  • Type Of Parking: Driveway, Detached Garage, Parking Lot
  • Number of Spaces in Driveway: 30

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: EDGEWATER
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Lot Info

  • Lot Size Acres: 1.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 49005.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: SEE DOCUMENTS.
  • In City Limits: No

Rental Info

  • Total Actual Rent: 36000.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11944.00
  • Assessor Parcel Number: 020100007242000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Oct 18, 2021
Sold by
Docs Boatyard & Marina At Warehouse Cree
Bought by
Sisson Robert and Tandjung Elmira
Seller's Agent
Travis Gray
Engel & Völkers Annapolis
Buyer's Agent
Travis Gray
Engel & Völkers Annapolis
List Price
$1,999,000
Sold Price
$1,655,000
Premium/Discount to List
-$344,000
-17.21%
Current Estimated Value
$1,954,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,773
Avg. Annual Appreciation
4.08%
Original Mortgage
$1,255,000
Outstanding Balance
$1,138,369
Interest Rate
2.88%
Mortgage Type
Commercial
Estimated Equity
$816,404

Purchase Details

Closed on
Mar 15, 2018
Sold by
Northstarlogic Usa Inc
Bought by
Docs Boatyard & Bmarina At Warehouse Cre

Purchase Details

Closed on
Jun 28, 1995
Sold by
Meneely Henry T
Bought by
Trubee Dayton O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 1989
Sold by
Trubee Dayton O
Bought by
Leeland Road General Ptnshp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
10.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sisson Robert $1,655,000 Commercial Title Company Llc
Docs Boatyard & Bmarina At Warehouse Cre $750,000 Eagle Title Llc
Trubee Dayton O $549,067 --
Leeland Road General Ptnshp $1,462,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sisson Robert $1,255,000
Previous Owner Trubee Dayton O $550,000
Previous Owner Leeland Road General Ptnshp $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2021 10/25/21 Sold $1,655,000 -17.2% $451 / Sq Ft
07/16/2021 07/16/21 Price Changed $1,999,000 0.0% $545 / Sq Ft
07/16/2021 07/16/21 For Sale $1,999,000 0.0% $545 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $1,999,000 +20.8% $545 / Sq Ft
02/28/2021 02/28/21 Off Market $1,655,000 -- --
08/29/2020 08/29/20 For Sale $1,999,000 -- $545 / 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 $14,841 $1,382,967 -- --
2024 $14,841 $1,261,233 $0 $0
2023 $13,328 $1,139,500 $680,400 $459,100
2022 $12,641 $1,130,800 $0 $0
2021 $12,285 $1,122,100 $0 $0
2020 $12,285 $1,113,400 $606,200 $507,200
2019 $24,340 $1,113,400 $606,200 $507,200
2018 $11,290 $1,113,400 $606,200 $507,200
2017 $12,624 $1,251,400 $0 $0
2016 -- $1,159,600 $0 $0
2015 -- $1,067,800 $0 $0
2014 -- $976,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA442690

Bright MLS

APN: 01-000-07242000