OFF MARKET

Off market mar 2021 for $370K

$491,498

Est. refi paymentEst. refi $3,085/mo

•

1,350

sq ft

1506 Lee Way, Edgewater, MD 21037

About this home

FROM THE MOMENT YOU ENTER THIS WATER COMMUNITY YOU FALL IN LOVE WITH ALL THAT IT HAS TO OFFER. THIS HIDDEN GEM WILL NOT DISSAPOINT. ONE LEVEL LIVING WITH A HUGE ADDITION ON THE BACK. PATRIAL WATER VIEWS FROM THE HOME ARE BEAUTIFUL. OWNERS HAVE UPGRADED MANY FEATURES OF THE HOME AND HAVE TAKEN GREAT CARE TO MAINTAIN AND LOVE THE HOME. NEWER WINDOWS, PAINT, LIGHTING, APPLIANCES AND MORE. THE FRONT LIVING ROOM FEATURES HARDWOOD FLOORS AND A WOOD STOVE TO WARM YOU UP. SUN DRENCHED WITH NATURAL LIGHT. BEDROOMS ARE A GOOD SIZE AND THE BATHROOMS HAVE BEEN UPGRADED. FULLY FENCED BACK YARD WITH PLENTY OF SPACE TO EXPAND AND /OR ENTERTAIN. CLOSE PROXIMITY TO MANY AMENITIES. LOCATED IN THE WATER COMMUNITY OF SAUNDERS POINT ON THE MAYO PENINSULA FEATURING A SMALL COMMUNITY BEACH AND PIER OVERLOOKING THE BAY, MINUTES FROM BEVERLY TRITON PARK WITH BEACH AND FISHING PONDS.

Single-familyProperty Type

1965Year Built

0.26 acresLot Size

$364Est. Price/Sq.Ft.

5 spacesParking

Listed by Michelle Jonasson-Jones • Royal Dominion Realty

•301-495-7788 (broker)

Bought with Brendan Noone • Northrop Realty

•410-295-6579 (broker)

Redfin checked: 2 minutes ago

•Source:BRIGHT MLS #MDAA458582

Redfin Estimate

$491,498

$121K since sold in March 2021$5,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 21.5% lower than the average sale price ($626K) of 6 comparable homes.

SOLD SEP 18, 2026
$715,000
A
3 beds2.5 baths1,768 sq ft
1243 Turkey Point Rd, Edgewater, MD 21037
SOLD SEP 4, 2026
$508,000
B
3 beds2 baths1,140 sq ft
850 Holly Ave, Edgewater, MD 21037
SOLD JUN 25, 2026
$550,000
C
3 beds2 baths2,136 sq ft
1546 Ridgely Dr, Edgewater, MD 21037
SOLD JUL 2, 2026
$525,000
D
3 beds2 baths1,400 sq ft
3615 2nd Ave, Edgewater, MD 21037
SOLD JUL 30, 2026
$1,050,000
E
3 beds2 baths1,440 sq ft
1663 Cliff Dr, Edgewater, MD 21037
SOLD JUL 24, 2026
$410,000
F
3 beds2 baths1,165 sq ft
851 Selby Blvd, Edgewater, MD 21037

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Earn from this home

Sell

$198,201

Est. take-home

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Refinance

Est. cash available

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Rent

$2,001/mo

Redfin rental estimate

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Market trends in 21037, MD

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.6%

+0.1% MoM

Median sale price

$574K

$14K MoM

Avg. days on market

39d

2 days MoM

Recently sold homes

6 MoM

New listings for sale

$950,000
5 beds5.5 baths5,696 sq ft
919 Central Ave E, Edgewater, MD 21037
(844) 551-7325
OPEN SUN, 11AM TO 2PM
$1,925,000
5 beds6 baths5,258 sq ft
3596 S River Ter, Edgewater, MD 21037
(888) 860-7369
OPEN SUN, 11AM TO 1PM
$899,000
3 beds2 baths1,725 sq ft
1211 Dixona Dr, Edgewater, MD 21037
(301) 222-0050
OPEN SUN, 9AM TO 11AM
$649,000
2 beds2 baths1,508 sq ft
3989 Caneye Pl, Edgewater, MD 21037
(410) 263-3400
$325,000
2 beds1 bath680 sq ft
1627 Lee Dr, Edgewater, MD 21037
(410) 544-8800
$350,000
4 beds3 baths2,394 sq ft
3723 8th Ave, Edgewater, MD 21037
(877) 366-2213
$579,900
3 beds3 baths2,542 sq ft
3816 Glebe Meadow Way, Edgewater, MD 21037
(443) 967-6687
$490,000
4 beds3.5 baths2,342 sq ft
228 Tilden Way, Edgewater, MD 21037
(410) 212-4898
OPEN TODAY, 3PM TO 5PM
$795,000
3 beds2 baths1,636 sq ft
3030 Edgewater Dr, Edgewater, MD 21037
(410) 280-5600
3D WALKTHROUGH
$605,000
3 beds3.5 baths2,704 sq ft
2311 Abby Rd, Edgewater, MD 21037
(410) 465-1770
See all

Provided by Redfin

Sale history for 1506 Lee Way

Date

Event

Price

BRIGHT MLS #MDAA458582

Mar 12, 2021

Sold

$370,000

$274/sq ft

Feb 25, 2021

Pending

—

Feb 13, 2021

Contingent

—

Feb 4, 2021

Listed

$375,000

$278/sq ft

MRIS #AA9513813

Apr 27, 2016

Sold

$295,000

$219/sq ft

Mar 8, 2016

Pending

—

Dec 7, 2015

Relisted

—

Dec 7, 2015

Price Changed

$221/sq ft

Nov 22, 2015

Pending

—

Nov 20, 2015

Contingent

—

Nov 4, 2015

Listed

$219/sq ft

+23

BRIGHT MLS #1001290583

Apr 29, 2016

Listing Removed

—

Apr 27, 2016

Sold

$295,000

$219/sq ft

Nov 4, 2015

Listed

$299,000

$221/sq ft

+23

Public Records

Apr 3, 1979

Sold

$56,500

$42/sq ft

** Price available after signing in.

Year

Property tax

Land + Additions

Assessment*

2026

$4,438 (+3.4%)

$216,300 + $142,100

$358,400

2025

$4,294 (+3.3%)

$216,300 + $142,100

$358,400

2024

$4,158 (+4.3%)

2023

$3,986 (+6.2%)

2022

$3,754 (+1.0%)

$216,300 + $105,300

$321,600

2021

$3,717 (+2.1%)

2020

$3,640 (+5.1%)

2019

$3,464 (+8.6%)

$211,300 + $99,700

$311,000

2018

$3,188 (+5.3%)

2017

$3,027 (+34.8%)

$157,600 + $101,900

$259,500

2016

$2,245 (+1.0%)

2015

$2,223 (+1.6%)

$137,600 + $102,300

$239,900

2014

$2,187 (+4.6%)

2013

$2,091 (+1.7%)

2012

$2,056 (+7.4%)

2011

$1,914

2010

$1,914 (+23.4%)

2009

$1,551

Tax history for 1506 Lee Way

Year

Property tax

Land + Additions

Assessment*

2026

$4,438 (+3.4%)

$216,300 + $142,100

$358,400

2025

$4,294 (+3.3%)

$216,300 + $142,100

$358,400

2024

$4,158 (+4.3%)

2023

$3,986 (+6.2%)

2022

$3,754 (+1.0%)

$216,300 + $105,300

$321,600

2021

$3,717 (+2.1%)

2020

$3,640 (+5.1%)

2019

$3,464 (+8.6%)

$211,300 + $99,700

$311,000

2018

$3,188 (+5.3%)

2017

$3,027 (+34.8%)

$157,600 + $101,900

$259,500

2016

$2,245 (+1.0%)

2015

$2,223 (+1.6%)

$137,600 + $102,300

$239,900

2014

$2,187 (+4.6%)

2013

$2,091 (+1.7%)

2012

$2,056 (+7.4%)

2011

$1,914

2010

$1,914 (+23.4%)

2009

$1,551

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

—

Baths

1.5

Stories

Lot width

—

Lot depth

—

Lot size

0.26 Acres

Year renovated

—

Sq. Ft.

1,287

Year built

1965

Style

Single Family Residential

County

Anne Arundel County

APN

01 72500202586

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 7, 2026.

Property details

Parking

Parking Information
# of Attached Garage Spaces: 1
Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener
# of Total Garage and Parking Spaces: 5
Has Garage
# of Garage Spaces: 1
Driveway - # of Spaces: 4
Attached Garage, Driveway

Interior

Bedroom Information
# of Bedrooms On Main Level: 3

Bathroom Information
# of Bathrooms (Half) On Main Level: 1
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Half): 1
# of Bathrooms (Full): 1

Interior Information
Not Furnished
Interior Features: Kitchen - Eat-In, Kitchen - Table Space, Family Room Off Kitchen, Tub Shower, Wood Stove
Living Area Sq.Ft. Source: Estimated

Room Information
Laundry Type: Main Floor

Fireplace Information
# of Fireplaces: 1

Basement Information
Basement: No

Exterior

Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $105,300
Ownership Interest: Fee Simple
Property Condition: Excellent
Year Built Source: Assessor

Building Information
Other Structures: Above Grade, Below Grade
Structure Type: Detached

Lot Information
Tidal Water: No

Land Information
Land Assessed Value: $216,300

Above Grade Information
Finished Sq.Ft.: 1,350
Finished Sq.Ft. Source: Estimated

Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
County Tax: $3,253
Tax Assessed Value: $314,533
Tax Year: 2021
Tax Annual Amount: $3,551

Assessments Information
Year Assessed: 2021

Utilities

Utilities Information
Central Air
Cooling Type: Central A/C, Ceiling Fan(s)
Cooling Fuel: Electric
Heat Pump(s)
Heating Fuel: Natural Gas
Hot Water: Electric
Sewer Septic: Public Septic
Water Source: Well

Location

School Information
Elementary School: MAYO
Middle Or Junior School: CENTRAL
High School: SOUTH RIVER
School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Elementary School Source: 3rd Party
Middle School Source: 3rd Party
High School Source: 3rd Party
School District Source: 3rd Party

Location Information
Outside City Limits
Directions: FROM EXIT 15 MD 214 CENTRAL AVE , STAY LEFT TO CENTRAL AVE, PASS SIX FLAGS, HEAD 19 miles to SHOREHAM BEACH RD MAKE A RIGHT ON TRITON BEACH RD, MAKE A LEFT ON LEE WAY

Waterfrontage Information
Water Access
Water Oriented
Water Body Type: Pond
Water Body Name: BIG POND CHESAPEAKE BAY

Public facts

Beds: —
Baths: 1.5
Sq. Ft.: 1,287
Stories: 1.0
Lot Size: 0.26 acres
Style: Single Family Residential
Year Built: 1965
Year Renovated: —
County: Anne Arundel County
APN: 01 72500202586

Home facts updated by county records on Oct 7, 2026

Around this home

Schools

Mayo Elementary School

Public PreK-5 • Assigned • 1.0mi

6/10

Central Middle School

Public 6-8 • Assigned • 4.0mi

9/10

South River High School

Public 9-12 • Assigned • 4.1mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 105° expected this year, 15 days in 30 years

6/10 Wind Factor

69% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Edgewater, MD • 21037

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.3 hours in June and 4.7 hours in December, which is comparable to the U.S. average for solar exposure.

9.3 hrs

4.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$467,000 – $566,000

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Home values near 1506 Lee Way

Data from public records.

Address	Redfin Estimate
1502 Lee Way, Edgewater, MD 3 Beds \| 2.5 Baths \| 1344 Sq. Ft.	$901,528
1498 Lee Way, Edgewater, MD - Beds \| 3.5 Baths \| 2282 Sq. Ft.	$895,563

Address	Redfin Estimate
1510 Lee Way, Edgewater, MD - Beds \| 1 Baths \| 1292 Sq. Ft.	$415,458
1514 Lee Way, Edgewater, MD - Beds \| 3 Baths \| 2044 Sq. Ft.	$570,022

Address	Redfin Estimate
1530 Lee Way, Edgewater, MD - Beds \| 2.5 Baths \| 2254 Sq. Ft.	$635,850
1529 Lee Way, Edgewater, MD - Beds \| 3 Baths \| 1975 Sq. Ft.	$629,165

Property information provided by BRIGHT MLS when last listed in 2021. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 21037, MD

Sale history for 1506 Lee Way

Tax history for 1506 Lee Way

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 21037

Home values near 1506 Lee Way

More real estate resources