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Parole 21037 Parole
59 WALLACE MANOR ROAD
$260,000
● Land - Off Market

59 WALLACE MANOR ROAD

EDGEWATER, MD 21037
bedrooms
Studio
bathrooms
0 Bath
$454,101
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Beautiful 3 Acre lot off Wallace Manor Rd. Flat Lot. Approved Perc. Ready for your dream Home. Call for Plat.
Unit Size
-
Days on Market
-
Land Size
3.84 acres
Price per sqft
-
Property Type
Land
Property Taxes
$141
HOA Dues
-
Year Built
2019

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 10 months ago (Bright MLS #1001628881)

Price History

Date / Event Date Event Price
Dec 22, 2016 Sold
Premium
Sold
Oct 3, 2016 Listed by Coldwell Banker Realty $269,900
Listed by Coldwell Banker Realty
Oct 10, 2002 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 2
  • Garage Square Area: 1,922
  • Parking Space Count: 6
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 167,270
  • Total Building Area: 2,520
  • Gross Building Area: 2,520
  • Building Area: 2,520
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,520
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PURDY FAMILY CONVEYANCE MINOR
  • Land Acres: 0000003840
  • Standard Land Use Code: 1001
  • County Land Use Code: R-C001
  • Legal Description 1: LT 2 59 WALLACE MANOR RD EDGEWATER

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 702402

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 51 19 104
  • Account Number: 00090047225
  • District: 02
  • Parcel: 02-000-90047225
  • Lot: 2
  • Latitude: 38.9609
  • Longitude: -76.5507

    Address

  • Full Address: 59 Wallace Manor Rd
  • Address - House Number: 59
  • Address - Street Name: Wallace Manor
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Edgewater
  • Carrier Code: R009
  • 4-Digit Zip Code: 1204
  • Zip Code: 21037

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $759,704
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.112
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 88
  • Final Value: 896,330
  • High Value: 996,800
  • Low Value: 795,859

    Market Valuation

  • Market Total Value: $695,700
  • Market Land Value: $311,200
  • Market Improvement Value: $384,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $695,700
  • Assessed Land Value: $311,200
  • Assessed Improvements Value: $384,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 15, 2016
  • Current Sale Recording Date: Dec 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 30450-448
  • Previous Sale Recording Date: Oct 10, 2002
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Parole

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$304

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2198 ft²

Average Home Age

35.3 years

Currently For Sale

70 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 709 Sydney Terrace, ANNAPOLIS, MD, 21401

$3,500 /mo

  • 3 Beds
  • 3 Baths
  • 2,536 ft²
709 Sydney Terrace, ANNAPOLIS, MD, 21401 Listing by Lauren R Dorsey
Unit for rent at 500 Fern, RIVA, MD, 21140

$3,750 /mo

  • 4 Beds
  • 2 Baths
  • 2,040 ft²
500 Fern, RIVA, MD, 21140 Listing by Brooke Austin-McAdam
Unit for rent at 104 Vanguard Lane, ANNAPOLIS, MD, 21401

$3,450 /mo

  • 3 Beds
  • 2 Baths
  • 2,000 ft²
104 Vanguard Lane, ANNAPOLIS, MD, 21401 Listing by Jennifer A Yeatts

Rentals Near You

Click here to view more rentals in the neighborhood.
Bright MLS

Listed by: James J Ellis
Coldwell Banker Realty
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# 1001628881
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.

Frequently Asked Questions

When was property at 59 Wallace Manor Road built and last sold?
The property at 59 Wallace Manor Road was built in 2019 and last sold on Dec 15, 2016 for $260,000.
How much is this home worth?
The estimated value of the home located at 59 Wallace Manor Road is $0.
What are some comparable homes to 59 Wallace Manor Road?
There are currently no comparable homes to 59 Wallace Manor Road.
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