NOT LISTED FOR SALE

107 Phipps Ln Annapolis, MD 21403

Estimated Value: $724,711 - $847,000

3 Beds
3.5 Baths
1,956 Sq Ft
$399/Sq Ft Est. Value

Last Sold October 14, 2015

Last sale price $480,000 $245 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,444/month

15 Days on Market

Highlights

  • Boat Ramp
  • 5 Dock Slips
  • Boat or Launch Ramp
  • Hillsmere Elementary School Rated 9+
  • Beach
  • 3-minute walk to Hillsmere Shores Beach and Playground

About This Home

As of October 2015

This is it! 3 BR/3.5BA traditional home in desirable Hillsmere Shores. Walk-in closets, Spacious Living Room overlooks Deck and Fully-Fenced Yard w/Welcoming Fire-Pit. 700 sqft Finished Basement with Office, Full Bath, Family/Media Room. Study Nook/Loft upstairs. Live near the pool, walk to the community beach/playgrounds, marinas, Key School. Minutes to QWP & Dwntwn Annapolis. Ahh, Welcome Home!

Last Agent to Sell the Property

Nuala O'Leary

(410) 404-0568 nuala@onwardre.com Long & Foster Real Estate, Inc. License #605875 Listed on: 08/25/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Dave Townley

(410) 271-5225 dave4504@aol.com Realty Advantage of Maryland LLC

Realty Advantage of Maryland LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,381

Year Built

  • Built in 1996

Lot Details

  • 0.25 Acre Lot
  • Home fronts navigable water
  • Landscaped
  • Property is in very good condition
  • Property is zoned R2

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Fireplace Mantel
  • Six Panel Doors
  • Family Room Off Kitchen
  • Dining Area
  • Loft
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Sump Pump
  • Shelving
  • Basement Windows

Outdoor Features

  • Water Access
  • River Nearby
  • Boat or Launch Ramp
  • Physical Dock Slip Conveys
  • Waiting List for boat docks or slips
  • 5 Dock Slips
  • Stream or River on Lot
  • Shared Waterfront
  • Waterfront Park

Utilities

  • Dehumidifier
  • Central Air
  • Heat Pump System
  • Water Dispenser
  • Well
  • High-Efficiency Water Heater
  • Water Conditioner is Owned

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 14R
  • Assessor Parcel Number 020241205492140

Community Details

Overview

  • No Home Owners Association
  • Hillsmere Estates Subdivision

Amenities

  • Common Area

Recreation

  • Boat Ramp
  • Beach
  • Volleyball Courts
  • Community Playground
  • Pool Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,381

Year Built

Built in 1996

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2015-08-27
  • Year Built: 1996
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Front Loading, Extra Refrigerator/Freezer, Icemaker, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked, Water Heater - High-Efficiency, Water Conditioner - Owned, Water Dispenser
  • Interior Amenities: Family Room Off Kitchen, Breakfast Area, Kitchen - Eat-In, Dining Area, Primary Bath(s), Floor Plan - Open
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Loft
  • Basement: Yes
  • Basement Type: Outside Entrance, Partially Finished, Walkout Stairs, Sump Pump, Windows, Shelving
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Dock Type: Multiple Slip
  • Pool Private: No
  • Roof: Shingle
  • Water Access: Yes
  • Water Body Name: SOUTH RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Dehumidifier
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Pool Mem Avail, Volleyball Courts, Tot Lots/Playground, Boat Ramp
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually
  • Other Fees: 17.00
  • Other Fees Frequency: Annually

Lot Info

  • Improvement Assessed Value: 221500.00
  • Land Assessed Value: 227300.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.25
  • Lot Size Area: 10950
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10950.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15182032
  • Tax Annual Amount: 4380.85
  • Assessor Parcel Number: 020241205492140
  • Tax Lot: 14R
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Dock Slip Conveyance: Waiting List
  • Waterfront Features: Boat/Launch Ramp, Park, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2006
Sold by
Bavis Edward M
Bought by
Auerswald William H and Auerswald Emily S
Current Estimated Value
$750,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$236,701
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$543,977

Purchase Details

Closed on
Jun 27, 2006
Sold by
Bavis Edward M
Bought by
Auerswald William H and Auerswald Emily S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$236,701
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$543,977

Purchase Details

Closed on
Mar 17, 2000
Sold by
Eastport Development Co Inc
Bought by
Bavis Edward M and Bavis Anita

Purchase Details

Closed on
Jul 20, 1995
Sold by
Scarberry Robert M
Bought by
Eastport Dev Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
7.49%

Purchase Details

Closed on
Jun 28, 1994
Sold by
Smith Clarence E
Bought by
Scarberry Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,850
Interest Rate
8.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Auerswald William H $520,000 --
Auerswald William H $520,000 --
Bavis Edward M -- --
Eastport Dev Co Inc $57,000 --
Scarberry Robert M $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Auerswald William H $405,000
Closed Auerswald William H $405,000
Previous Owner Scarberry Robert M $159,600
Previous Owner Scarberry Robert M $163,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2015 10/14/15 Sold $480,000 -7.5% $245 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
08/25/2015 08/25/15 For Sale $519,000 -- $265 / 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 $6,289 $577,067 -- --
2024 $6,289 $541,133 $0 $0
2023 $6,109 $505,200 $274,300 $230,900
2022 $5,739 $500,833 $0 $0
2021 $11,292 $496,467 $0 $0
2020 $5,516 $492,100 $274,300 $217,800
2019 $5,420 $477,667 $0 $0
2018 $4,697 $463,233 $0 $0
2017 $5,096 $448,800 $0 $0
2016 -- $428,200 $0 $0
2015 -- $407,600 $0 $0
2014 -- $387,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001285825

Bright MLS

APN: 02-412-05492140