1506 Lee Way, Edgewater, MD 21037 Property Records

Anne Arundel County property record for 1506 Lee Way, Edgewater, MD 21037

Property Summary

Property Type	Single Family Home
Details	1.5 ba · 1,287 sqft · built 1965
Lot Size	0.258 acres (11,250 sqft)
Owner	2 Individual Names on File
Last Sale	$370,000 (Mar 2021)
Tax Bill	$4,293 (2025)
Deeds & Mortgages	May 2026 Line of Credit May 2026 Line of Credit + 1 more
Flood Zone	Zone X (minimal risk)
APN	`01-725-00202586`

Property Details

APN / Parcel Number

Primary APN	`01-725-00202586`
Alternative APNs	`1-725-00202586` `72500202586`

Interior

Full Baths	1.5 Baths
Half Baths	1 Half Bath
Stories	1 Story
Building Area	1,287 sqft Living Area
Gross Area	1,638 sqft
1st Floor Area	1,287 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1965
Effective Year Built	Effective 1965
Architectural Style	Conventional
Exterior Material	Siding
Roof Material	Composition Shingle
Lot Area	11,250 sqft (0.258 acres)
Garage Type	Attached
Garage Area	351 sqft
Parking Spaces	1 Parking Space
Deck Area	256 sqft
Shed	1 Shed
Shed Area	192 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating Fuel	Electric
Sewer	Municipal

Location & Zoning

Account Number	72500202586
Street Address	1506 LEE WAY
City	EDGEWATER
State	MD
Zip	21037-4628
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R2
Legal Description	LT 3 BK K SAUNDERS POINT
Legal Subdivision	SAUNDERS POINT
Legal Block	K
Legal Lot Number	3
Jurisdiction	ANNE ARUNDEL MD
Township / Civil Division	7
Census Block Group	1
Census Block	1026
Census Tract	701201

Owner

1506 Lee Way is owned and occupied by two individuals who bought it in March 2021.

Source: Anne Arundel County records, as of September 4, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	2 Individual Names on File
Mailing Address	1506 LEE WAY, EDGEWATER, MD 21037-4628
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Tenants by the Entirety

Deeds, Mortgages & Sale History

Date	Document
May 8, 2026	Deed of Trust, Mortgage · Line of Credit FIRST NATIONAL BANK/PINCKNEYVILLE
May 8, 2026	Deed of Trust · Line of Credit FIRST NATIONAL BANK OF PENNSYLVANIA
Mar 29, 2021	Special Warranty Deed, Transfer · VA Mortgage NFM INC

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Mar 29, 2021 · Amount on File
Deed Sale	Mar 29, 2021 · Amount on File
Prior Sale	May 9, 2016 · Amount on File
Deed Book / Page	36440 / 87
Record Updated	Oct 29, 2026

May 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ANNE ARUNDEL MD
Recording Date	May 8, 2026
Property Address	1506 LEE WAY, EDGEWATER, MD 21037-4628
Document Number	0423230270
Book / Page	42323 / 270
Instrument Date	Apr 21, 2026
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety, 298
Investor	Possibly a Property Investor

Mortgage

Document Number	4232000270,
Date	May 8, 2026
Book Page	42323/270

Lender

Name	FIRST NATIONAL BANK/PINCKNEYVILLE

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	299 Months
Due	Apr 21, 2051

Interest

Rate Type	Adjustable Rate
Rate	6.38%
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

May 2026: Deed of Trust

Document Type	Deed of Trust
Jurisdiction	ANNE ARUNDEL MD
Recording Date	May 8, 2026
Property Address	1506 LEE WAY, EDGEWATER, MD 21037-4628
Document Number	4232000270
Book / Page	42323 / 270
Instrument Date	Apr 21, 2026
Record Updated	May 20, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety, 298

Mortgage

Document Number	4232000270,
Date	May 8, 2026
Book Page	42323/270

Lender

Name	FIRST NATIONAL BANK OF PENNSYLVANIA

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	299 Months
Due	Apr 21, 2051

Interest

Rate Type	Adjustable Rate
Rate	6.38%
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

March 2021: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	ANNE ARUNDEL MD
Recording Date	Mar 29, 2021
Property Address	1506 LEE WAY, EDGEWATER, MD 21037-4628
Document Number	0364400087
Book / Page	36440 / 87
Map Reference	MB 25 FO 9
Instrument Date	Mar 12, 2021
Transaction Type	Transfer
Record Updated	May 19, 2021
Title Company	VERUS TITLE INC

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$5,550.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	1506 LEE WAY, EDGEWATER, MD 21037-4628

Mortgage

Document Number	3644094
Date	Mar 29, 2021
Instrument	36440/94

Lender

Name	NFM INC
Type	Mortgage Company

Agreement

Type	VA Mortgage
Amount	Amount on Record
Term	361 Months
Due	Apr 1, 2051

Tax Assessment & Valuation

The 2025 property tax bill for 1506 Lee Way was $4,293, up 3.2% from the year before.

Source: Anne Arundel County assessment roll, as of September 4, 2026

Property Jurisdictions

Type	Name
State	Maryland
County	Anne Arundel County
Unified School District	Anne Arundel County Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$358,400 (+3.54%) Land $216,300 Building $142,100	$358,400 (-) Land $216,300 Building $142,100
2025	$4,293.00 (+3.25%)	$346,133	$358,400 Land $216,300 Building $142,100
2024	$4,158.00 (+18.43%)
2023	$3,511.00	$321,600 Land $216,300 Building $105,300	$321,600 Land $216,300 Building $105,300

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1506 Lee Way in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective January 16, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 49 policies
Nearby Flood Policies	49 in force
Nearby Flood Claims	1 (2024)
Most Recent Claim	Aug 2024 · tidal / storm surge

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 1506 Lee Way is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 96% of Maryland
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 157 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	1,200 / 35
Verizon Fiber	980 / 880
Starlink Satellite	280 / 30
T-Mobile Fixed Wireless	100 / 20

Cell Coverage

5G (outdoors only) and 4G LTE

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