NOT LISTED FOR SALE

29 S River Rd S Edgewater, MD 21037

Estimated Value: $1,964,000 - $2,343,746

0.82 Acre
$2,687,295 Price per Acre
35,719 Sq Ft Lot

Last Sold May 31, 2023

Last sale price $1,700,000

Est. 30% increase in value since last sale

Current estimated payment $14,088/month

231 Days on Market

About This Lot

As of May 2023

Beautiful 1.3 acres of waterfront to build your dream home high atop the South River! Two deeded parcels overlooking the South River with big water views to the East. Two deep water piers, shore line completely rip-rapped. New septic system recently installed.

Last Listed By

Glenn Sutton

TTR Sotheby's International Realty Listed on: 07/27/2022

TTR Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,127

Year Built

  • 1924

Lot Details

  • 0.82 Acre Lot
  • Additional Parcels
  • Property is zoned R1

Utilities

  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 020146703749200

Property Details

Property Type

Land

Est. Annual Taxes

$11,127

Year Built

1924

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful 1.3 acres of waterfront to build your dream home high atop the South River! Two deeded parcels overlooking the South River with big water views to the East. Two deep water piers, shore line completely rip-rapped. New septic system recently installed.
  • Special Features: None
  • Stories: 0
  • Year Built: 1924

Interior Features

  • Price Per Sq Ft: 52.96
  • Street Number Modifier: 29

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Improvement Assessed Value: 11000.00
  • Land Use Code: R
  • Lot Size Acres: 0.82
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 35781.00
  • Possible Use: Residential
  • Year Assessed: 2023
  • Zoning: R1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15158437
  • Tax Annual Amount: 11127.00
  • Assessor Parcel Number: 020146703749200
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 05/31/2023

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
May 31, 2023
Sold by
Legend Yacht Sales Llc
Bought by
Somerville Mark Andrew and Somerville Catherine Ann
Seller's Agent
Glenn Sutton
TTR Sotheby's International Realty
Buyer's Agent
Glenn Sutton
TTR Sotheby's International Realty
List Price
$1,895,000
Sold Price
$1,700,000
Premium/Discount to List
-$195,000
-10.29%
Total Days on Market
231
Views
188
Current Estimated Value
$2,203,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,582
Avg. Annual Appreciation
14.63%
Original Mortgage
$700,000
Interest Rate
6.57%

Purchase Details

Closed on
Jun 8, 2015
Sold by
Goldstein Andrew T and Goldstein Gail R
Bought by
Legend Yacht Sales Llc

Purchase Details

Closed on
Jan 4, 2012
Sold by
Hopkins Jeri Anne and Hopkins Thomas Chattle
Bought by
Goldstein Andrew T and Goldstein Gail R

Purchase Details

Closed on
Jan 14, 2010
Sold by
Hopkins Thomas C
Bought by
Hopkins Jerri Anne

Purchase Details

Closed on
Apr 16, 2008
Sold by
Hopkins Thomas C
Bought by
Hopkins Thomas C and Hopkins Jerri A

Purchase Details

Closed on
Apr 14, 2008
Sold by
Hopkins Thomas C
Bought by
Hopkins Thomas C and Hopkins Jerri A

Range of Values:

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Average Value
Not Available
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
Somerville Mark Andrew $1,400,000 Eagle Title
Legend Yacht Sales Llc $975,000 Attorney
Goldstein Andrew T $1,100,000 First American Title Ins Co
Hopkins Jerri Anne -- --
Hopkins Thomas C -- --
Hopkins Thomas C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somerville Mark Andrew $766,000
Closed Somerville Mark Andrew $700,000
Closed Somerville Mark Andrew $700,000
Previous Owner Hopkins Thomas Chattle $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $1,700,000 0.0% --
05/31/2023 05/31/23 Sold $1,700,000 -10.3% --
07/27/2022 07/27/22 For Sale $1,895,000 0.0% --
05/11/2022 05/11/22 For Sale $1,895,000 -- --
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
2024 $21,756 $1,935,500 $0 $0
2023 $12,901 $1,132,500 $1,121,500 $11,000
2022 $11,276 $1,032,167 $0 $0
2021 $10,228 $931,833 $0 $0
2020 $9,145 $831,500 $821,500 $10,000
2019 $8,424 $761,900 $0 $0
2018 $7,020 $692,300 $0 $0
2017 $6,788 $622,700 $0 $0
2016 -- $591,833 $0 $0
2015 -- $560,967 $0 $0
2014 -- $530,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2040982

Bright MLS

APN: 01-467-03749200