NOT LISTED FOR SALE

1 President Point Dr Unit A3 Annapolis, MD 21403

Eastport Neighborhood

Estimated Value: $832,379 - $1,025,000

2 Beds
2 Baths
1,240 Sq Ft
$501/mo HOA Fee

Last Sold August 16, 2013

Last sale price $521,050 $420 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,848/month

272 Days on Market

Highlights

  • 3 Boat Docks
  • Home fronts navigable water
  • Open Floorplan
  • Water Views
  • Water Access
  • Lake Privileges

About This Home

As of August 2013

Rare unit available in THE POINT. 1 of 4 in existence w/ loft w/ bedroom & bath extension. Private corner setting, sides SF home surrounded by natural beauty w/ incredible views. Bright & beachy condo comes furnished w/ new carpet, paint, new windows & doors, water heater & washer. 2 decks, master ste w/ waterview, comm. pool, tennis, club house, hot tub, marina & kayak racks. SEE VIRTUAL TOUR

Last Agent to Sell the Property

Barbara Best

(410) 279-0071 bbest.realtor1@gmail.com RE/MAX One License #23247 Listed on: 10/15/2012

RE/MAX One

Last Buyer's Agent

George Turner

(410) 280-0000 gturner@cbmove.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,718

Year Built

  • Built in 1975

Lot Details

  • Home fronts navigable water
  • Property is in very good condition

HOA Fees

  • $501 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Property Views

  • Water
  • City
  • Scenic Vista
  • Woods

Home Design

  • Contemporary Architecture
  • Cedar

Interior Spaces

  • 1,240 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Vaulted Ceiling
  • 1 Fireplace
  • Screen For Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Unfinished Basement
  • Exterior Basement Entry

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • 3 Boat Docks
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Lake Privileges
  • Deck
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020669090000798

Community Details

Overview

  • Association fees include cable TV, common area maintenance, lawn maintenance, management, insurance, parking fee, pier/dock maintenance, pool(s), road maintenance, sewer, snow removal, trash, water, alarm system
  • 12 Units
  • Low-Rise Condominium
  • The Point Community
  • The Point Condo Subdivision
  • The community has rules related to commercial vehicles not allowed, parking rules

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Party Room
  • Community Storage Space

Recreation

  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Jogging Path

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,718

Year Built

Built in 1975

Lot Details

0

HOA Fees

$501 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Loft
  • Ownership: Condominium
  • Inclusions: Furniture Conveys
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1975
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Microwave, Oven/Range - Electric, Washer
  • Interior Amenities: Dining Area, Primary Bath(s), Window Treatments, Floor Plan - Open
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Entry Location: Floors 2-5
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Den, Laundry, Loft, Bedroom 6
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1240
  • Living Area Sq Ft: 1240
  • Price Per Sq Ft: 459.60
  • Above Grade Finished Sq Ft: 1240
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Cedar
  • Dock Type: Multiple Slip
  • Construction Completed: No
  • Exterior Features: Secure Storage, Sidewalks
  • View: Water, City, Scenic Vista, Trees/Woods
  • Water Access: Yes
  • Water Body Name: SPA CREEK
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 315.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 501.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Club House, Common Grounds, Extra Storage, Hot Tub, Jog/Walk Path, Party Room, Picnic Area, Pier/Dock, Pool - Outdoor, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Lawn Maintenance, Management, Insurance, Parking Fee, Pier/Dock Maintenance, Pool(s), Road Maintenance, Sewer, Snow Removal, Trash, Water, Alarm System
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Commercial Vehicles Prohibited, Parking, Pets - Size Restrict
  • HOA: No

Lot Info

  • Improvement Assessed Value: 210800.00
  • Land Assessed Value: 210800.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15322902
  • Tax Annual Amount: 6718.05
  • Assessor Parcel Number: 020669090000798
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Dock Slip Conveyance: None Available
  • Metering: Fully Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2020
Sold by
Faust Stephen E
Bought by
Faust Stephen E and Stephen E Faust Revocable Trus
Current Estimated Value
$889,595

Purchase Details

Listed on
Oct 15, 2012
Closed on
Aug 16, 2013
Sold by
Bader Fredric G and Bader Ann M
Bought by
Faust Stepher E
Seller's Agent
Barbara Best
RE/MAX One
Buyer's Agent
George Turner
Coldwell Banker Realty
List Price
$569,900
Sold Price
$521,050
Premium/Discount to List
-$48,850
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$416,800
Outstanding Balance
$103,856
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$785,739

Purchase Details

Closed on
Nov 3, 2003
Sold by
Schuster Gary F
Bought by
Bader Fredric G and Bader Ann M

Purchase Details

Closed on
Jan 29, 2001
Sold by
Usinternetworking Inc
Bought by
Schuster Gary F

Purchase Details

Closed on
Jul 24, 1998
Sold by
Mccleary Christopher R
Bought by
Usinternetworking Inc

Purchase Details

Closed on
May 22, 1998
Sold by
Duignan James M
Bought by
Mccleary Christopher R

Purchase Details

Closed on
Jul 6, 1994
Sold by
Shor Lester H
Bought by
Duignan James M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Faust Stephen E -- None Available
Faust Stepher E $521,050 Title Resources Guaranty Co
Bader Fredric G $565,000 --
Schuster Gary F $325,000 --
Usinternetworking Inc $220,000 --
Mccleary Christopher R $220,000 --
Duignan James M $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faust Stepher E $416,800
Closed Bader Fredric G --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2013 08/16/13 Sold $521,050 -8.6% $420 / Sq Ft
07/14/2013 07/14/13 Pending -- -- --
10/15/2012 10/15/12 For Sale $569,900 -- $460 / Sq Ft
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
2025 $7,954 $693,867 -- --
2024 $7,954 $610,933 $0 $0
2023 $7,441 $528,000 $264,000 $264,000
2022 $7,440 $528,000 $264,000 $264,000
2021 $14,390 $528,000 $264,000 $264,000
2020 $7,147 $528,000 $264,000 $264,000
2019 $6,976 $513,467 $0 $0
2018 $6,940 $498,933 $0 $0
2017 $5,931 $484,400 $0 $0
2016 -- $463,467 $0 $0
2015 -- $442,533 $0 $0
2014 -- $421,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Best

    Seller's Agent in 2013

    Barbara Best

    RE/MAX

    (410) 279-0071

    8 in this area

    52 Total Sales

    Barbara Best
    Section Image
  • George Turner

    Buyer's Agent in 2013

    George Turner

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (410) 280-0000

    4 in this area

    27 Total Sales

    George Turner
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004200676

Bright MLS

APN: 06-690-90000798

Maryland Anne Arundel County Annapolis 21403 Eastport

1 President Point Dr Unit A3, Annapolis, MD

Not Listed for Sale

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