Seller's Agent in 2023
Adam Heimbach
Maryland's Property Team
(410) 212-4898
3 in this area
30 Total Sales
1018 Carrs Wharf Rd Edgewater, MD 21037
Estimated Value: $1,272,000 - $1,446,000
5
Beds
5
Baths
5,000
Sq Ft
$276/Sq Ft
Est. Value
Highlights
- 86 Feet of Waterfront
- Primary bedroom faces the bay
- Parking available for a boat
- Mayo Elementary School Rated 9+
- 2 Dock Slips
- Access to Tidal Water
About This Home
As of March 2023Waterfront Paradise on the Rhode River with Spectacular Views. Property features protected deep water pier which can accommodate two 45’-50’ boats - one with 8’ MLW and one with 5’ MLW & private beach (Additional waterfront lot can be purchased for total of 2 piers with 4 deep water slips. See 1012 Carrs Wharf Road listing). Home features 5,000+ square feet, 5 bedrooms, 5 full baths, oversized 2 car garage measures 29x25, open floor plan, private owner’s suite, roof top deck, large rooms, 2 laundry rooms and tons of flexible space. Addition was put on in 2008. No HOA. Outstanding potential, Airbnb opportunity and deep water slip rental income. Located near local shopping, entertainment, parks, major highways & airports. 3D virtual walkthrough, professional photos, floor plans and dimensions available in Virtual Tour. Contact agent to schedule showing or for additional information.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,692
Year Built
- Built in 1969 | Remodeled in 2008
Lot Details
- 0.41 Acre Lot
- 86 Feet of Waterfront
- Home fronts navigable water
- Private Beach
- Sandy Beach
- Property is zoned MA2
Parking
- 2 Car Direct Access Garage
- 4 Driveway Spaces
- Oversized Parking
- Front Facing Garage
- Garage Door Opener
- Gravel Driveway
- Parking available for a boat
Property Views
- River
- Panoramic
Home Design
- Contemporary Architecture
- Slab Foundation
- Stick Built Home
Interior Spaces
- 5,000 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Ceiling Fan
- Wood Burning Fireplace
- Mud Room
- Entrance Foyer
- Family Room Off Kitchen
- Sitting Room
- Dining Room
- Den
- Library
- Recreation Room
- Workshop
- Sun or Florida Room
- Storage Room
Kitchen
- Breakfast Area or Nook
- Stove
- Built-In Microwave
- Extra Refrigerator or Freezer
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom faces the bay
- Main Floor Bedroom
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- Private Water Access
- River Nearby
- Personal Watercraft
- Waterski or Wakeboard
- Sail
- Swimming Allowed
- 2 Dock Slips
- Physical Dock Slip Conveys
- 2 Powered Boats Permitted
- 2 Non-Powered Boats Permitted
- Deck
- Playground
Schools
- Mayo Elementary School
- Central Middle School
- South River High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Air Source Heat Pump
- Pellet Stove burns compressed wood to generate heat
- Vented Exhaust Fan
- Water Treatment System
- Well
- Electric Water Heater
- Water Conditioner is Owned
- Public Septic
Additional Features
- Level Entry For Accessibility
- Flood Risk
Listing and Financial Details
- Assessor Parcel Number 020100002893820
Community Details
Overview
- No Home Owners Association
Recreation
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 20, 2002
Sold by
Karr Douglas R
Bought by
Scarborough Joseph M and Scarborough Megan
Total Days on Market
51
Current Estimated Value
Purchase Details
Closed on
Mar 29, 1999
Sold by
Scarborough Joseph M
Bought by
Karr Douglas R and Karr Dana M
Purchase Details
Closed on
Nov 19, 1993
Sold by
Buckley C B
Bought by
Scarborough Joseph M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.77%
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 |
|---|---|---|---|
| Scarborough Joseph M | -- | -- | |
| Karr Douglas R | $400,000 | -- | |
| Scarborough Joseph M | $470,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Karr Douglas R | $337,000 | |
| Closed | Karr Douglas R | $300,000 | |
| Previous Owner | Scarborough Joseph M | $376,000 | |
| Closed | Karr Douglas R | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2023 03/31/23 | Sold | $1,235,000 | +2.9% | $247 / Sq Ft |
| 02/01/2023 02/01/23 | Price Changed | $1,200,000 | -4.0% | $240 / Sq Ft |
| 01/07/2023 01/07/23 | For Sale | $1,250,000 | -- | $250 / 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 |
|---|---|---|---|---|
| 2024 | $9,801 | $916,800 | $0 | $0 |
| 2023 | $9,493 | $825,900 | $443,700 | $382,200 |
| 2022 | $7,935 | $799,133 | $0 | $0 |
| 2021 | $15,552 | $772,367 | $0 | $0 |
| 2020 | $7,583 | $745,600 | $443,700 | $301,900 |
| 2019 | $7,465 | $745,600 | $443,700 | $301,900 |
| 2018 | $7,560 | $745,600 | $443,700 | $301,900 |
| 2017 | $7,346 | $1,020,200 | $0 | $0 |
| 2016 | -- | $986,733 | $0 | $0 |
| 2015 | -- | $953,267 | $0 | $0 |
| 2014 | -- | $919,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Heimbach
-
David Weiss
Seller Co-Listing Agent in 2023
David Weiss
Maryland's Property Team
(410) 703-2363
2 in this area
19 Total Sales
-
Bill Franklin
Buyer's Agent in 2023
Bill Franklin
Long & Foster
(301) 346-5690
2 in this area
425 Total Sales
Map
Similar Homes in Edgewater, MD
Source: Bright MLS
MLS Number: MDAA2051266
APN: 01-000-02893820
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