NOT LISTED FOR SALE

1087 Walnut Ave North Beach, MD 20714

Estimated Value: $541,000 - $722,000

2 Beds
2 Baths
1,006 Sq Ft
$660/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $645,000 $641 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,227/month

58 Days on Market

Highlights

  • 59 Feet of Waterfront
  • Access to Tidal Water
  • Deck
  • Primary bedroom faces the bay
  • Bay View
  • Traditional Floor Plan

About This Home

As of May 2023

Large lot to build on if you demo house. Newer deep well and sewer already installed. Discount on construction if house built by licensed Builder/Owner. Hard to find waterfront location in Holland Point. Remodeled Bay Cottage- Chesapeake Bay is your front yard. Split zoned heat pump system. Fenced rear yard. Deck and benches on waterfront. 2BR and 2Bath with almost new kitchen. New laminate wood floors in bedrooms. Old garage on road side will be removed and new house built, no included in this sale.
Tenant occupied, listing agent to set up showings. GREAT FAMILY COMPOUND IF YOU BUY ROADSIDE
LOT WITH WATERFRONT LOT/HOUSE. Owner to do 1031 exchange on sale.

Last Agent to Sell the Property

Stephen Watson

(301) 674-7477 swatsonconstruction@yahoo.com Flag Real Estate Inc. License #38638 Listed on: 01/24/2023

Last Buyer's Agent

Cullen Watson

(202) 688-1408 cullen@lawyers-realty.com Lawyers Realty Group License #0225200399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,342

Year Built

  • Built in 1930 | Remodeled in 2019

Lot Details

  • 8,850 Sq Ft Lot
  • 59 Feet of Waterfront
  • Home fronts navigable water
  • Back Yard Fenced
  • Board Fence
  • Flag Lot
  • Property is in very good condition
  • Property is zoned R5

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Entry on the 1st floor
  • Architectural Shingle Roof
  • Cast Iron Plumbing

Interior Spaces

  • 1,006 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Beamed Ceilings
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Replacement Windows
  • Wood Frame Window
  • Window Screens
  • Insulated Doors
  • Family Room Off Kitchen
  • Bay Views
  • Crawl Space

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the bay

Laundry

  • Electric Front Loading Dryer
  • ENERGY STAR Qualified Washer

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property near a bay
  • Rip-Rap
  • Deck
  • Exterior Lighting
  • Shed
  • Outbuilding
  • Porch

Location

  • Flood Risk

Schools

  • Southern High School

Utilities

  • Heating System Uses Oil
  • Heat Pump System
  • Back Up Oil Heat Pump System
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • Phone Available

Community Details

  • No Home Owners Association
  • North Beach Park Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 020857901971200

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,342

Year Built

Built in 1930 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1930
  • Year Renovated: 2019
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Dryer - Front Loading, Energy Star Clothes Washer, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Entry Level Bedroom, Exposed Beams, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Galley, Primary Bedroom - Bay Front
  • Window Features: Double Pane, Replacement, Screens, Wood Frame
  • Fireplaces Count: 1
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall, Beamed Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Family Room
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1006
  • Living Area Sq Ft: 1006
  • Price Per Sq Ft: 690.85
  • Above Grade Finished Sq Ft: 1006
  • 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
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Cast Iron Plumbing, Combination
  • Exterior Features: Exterior Lighting, Outbuilding(s)
  • Roof: Architectural Shingle
  • Spa: No
  • View: Bay, Water
  • Water Access: Yes
  • Water Body Name: Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 59

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Refuse: 341.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric, Oil
  • Heating Type: Heat Pump - Oil Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Phone
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent
  • High School: SOUTHERN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Board, Rear
  • Improvement Assessed Value: 66100.00
  • Land Assessed Value: 408200.00
  • Lot Features: Flag
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8850.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15333360
  • Tax Annual Amount: 5342.00
  • Assessor Parcel Number: 020857901971200
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Federal Flood Zone: A
  • Waterfront Features: Rip-Rap

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
May 5, 2023
Sold by
Watson Family Llc
Bought by
Lannotti Jason and Picas Maria Pradilla
Seller's Agent
Stephen Watson
Flag Real Estate Inc.
Buyer's Agent
Cullen Watson
Lawyers Realty Group
List Price
$695,000
Sold Price
$645,000
Premium/Discount to List
-$50,000
-7.19%
Views
132
Current Estimated Value
$700,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,694
Avg. Annual Appreciation
1.07%
Original Mortgage
$516,000
Outstanding Balance
$493,237
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$170,369

Purchase Details

Listed on
Mar 17, 2019
Closed on
May 15, 2019
Sold by
Watson Stephen P and Watson Linda L
Bought by
Watson Family Llc
Seller's Agent
Stephen Watson
Flag Real Estate Inc.
Buyer's Agent
Stephen Watson
Flag Real Estate Inc.
Sold Price
$1,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2004
Sold by
Tvedt Karen L
Bought by
Watson Stephen P and Watson Linda L

Purchase Details

Closed on
Jan 14, 2002
Sold by
Parsons Thomas T
Bought by
Tvedt Karen L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lannotti Jason $645,000 Old Republic National Title In
Watson Family Llc -- Titlemax Llc
Watson Stephen P $525,000 --
Tvedt Karen L $308,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lannotti Jason $516,000
Previous Owner Watson Family Llc $215,000
Closed Tvedt Karen L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2023 05/08/23 Sold $645,000 -7.2% $641 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $695,000 0.0% $691 / Sq Ft
01/24/2022 01/24/22 Rented $2,295 0.0% --
01/17/2022 01/17/22 For Rent $2,295 +15.0% --
04/29/2019 04/29/19 Rented $1,995 0.0% --
03/17/2019 03/17/19 For Rent $1,995 0.0% --
12/15/2015 12/15/15 Rented $1,995 0.0% --
10/15/2015 10/15/15 Under Contract -- -- --
06/09/2015 06/09/15 For Rent $1,995 -- --
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 $6,807 $596,233 -- --
2024 $6,807 $541,667 $0 $0
2023 $6,134 $487,100 $408,200 $78,900
2022 $5,799 $482,833 $0 $0
2021 $130 $478,567 $0 $0
2020 $5,728 $474,300 $408,200 $66,100
2019 $5,476 $445,567 $0 $0
2018 $130 $416,833 $0 $0
2017 $4,796 $388,100 $0 $0
2016 $130 $388,100 $0 $0
2015 $130 $388,100 $0 $0
2014 -- $389,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2052356

Bright MLS

APN: 08-579-01971200