NOT LISTED FOR SALE

11 President Point Dr Unit B3 Annapolis, MD 21403

Eastport Neighborhood

Estimated Value: $879,000 - $1,075,000

2 Beds
2 Baths
1,391 Sq Ft
$696/mo HOA Fee

Last Sold March 31, 2023

Last sale price $760,000 $546 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,480/month

3 Days on Market

Highlights

  • Water Views
  • Lake Privileges
  • Contemporary Architecture
  • Penthouse
  • Clubhouse
  • 1 Fireplace

About This Home

As of March 2023

OPEN HOUSE THIS SATURDAY 3/18 AND SUNDAY 3/19 A wonderful opportunity to purchase in one of the best locations in Annapolis. Are you looking for a weekend get away or a permanent turn key home, this beautiful waterfront condo with spectacular views, might be the perfect home for you! It's all about location, and this walkable condo community offers the feel of worry free living while vacationing at home. A beautiful waterfront community with fabulous amenities lends itself to a fun and relaxing lifestyle. Located on the top floor, this gorgeous unit offers 2 bedrooms and 2 baths as well as a lovely loft area. The living room gets loads of light with sweeping views of Spa Creek. There is a corner fireplace that can be enjoyed from the living room as well as the tucked in office space. The inviting balcony is perfect for enjoying a morning cup of coffee or an informal meal. The side door on the balcony offers easy access to the water and walking path. The dining room is off the living room and also enjoys wonderful views of the water. The kitchen is nice, functional, light-filled with lots of cabinet space. The primary suite offers a sweet peek of the water, and has a nice sized bathroom and closet. The second bedroom gets loads of light with views of the front of the building. There are so many special features about this community and the city in particular. Living in Annapolis truly offers a fabulous lifestyle, whether you are a history buff, foodie or a water lover, this Capital city has it all! Make this incredible waterfront condo the next place you call home.

Last Agent to Sell the Property

Jackie Reinauer

(410) 212-9079 jkr@lnf.com Long & Foster Real Estate, Inc. License #609397 Listed on: 02/17/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Lynn Tuozzo

(410) 916-0050 lynn.tuozzo@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #664305

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,231

Year Built

  • Built in 1978

Lot Details

  • 2,614

HOA Fees

  • $696 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 3rd floor
  • Wood Siding

Interior Spaces

  • 1,391 Sq Ft Home
  • Property has 1.5 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Water Views
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Lake Privileges

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020669090003374

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, pool(s), snow removal, exterior building maintenance, management
  • Low-Rise Condominium
  • Wpm Real Estate Management Condos, Phone Number (443) 796-7400
  • The Point Condo Community
  • President Point Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,231

Year Built

Built in 1978

Lot Details

0

HOA Fees

$696 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1978
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor
  • Total Sq Ft: 1391
  • Living Area Sq Ft: 1391
  • Price Per Sq Ft: 546.37
  • Above Grade Finished Sq Ft: 1391
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • View: Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 696.22
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: WPM Real Estate Management
  • Condo Co-Op Phone: 4437967400
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Pool(s), Snow Removal, Ext Bldg Maint, Management
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 292100.00
  • Land Assessed Value: 292100.00
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15322995
  • Tax Annual Amount: 8231.00
  • Assessor Parcel Number: 020669090003374
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 31, 2023
Sold by
Tumer Edmund L
Bought by
Brennan James E and Roberts Rhonda J
Seller's Agent
Jackie Reinauer
Long & Foster Real Estate, Inc.
Buyer's Agent
Lynn Tuozzo
Berkshire Hathaway HomeServices PenFed Realty
List Price
$760,000
Sold Price
$760,000
Views
31
Current Estimated Value
$956,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,631
Avg. Annual Appreciation
9.00%
Original Mortgage
$570,000
Outstanding Balance
$553,420
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$403,211

Purchase Details

Closed on
Oct 22, 1998
Sold by
Mason E Eugene
Bought by
Turner Carol L

Purchase Details

Closed on
Jul 17, 1998
Sold by
Ringe Thomas B K
Bought by
Mason E Eugene

Purchase Details

Closed on
Sep 23, 1987
Sold by
Ringe Thomas B K
Bought by
Ringe Thomas B K
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
Brennan James E $760,000 First American Title
Turner Carol L $255,000 --
Mason E Eugene $150,000 --
Ringe Thomas B K $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brennan James E $570,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $760,000 0.0% $546 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $760,000 -- $546 / 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 $8,960 $769,667 -- --
2024 $8,960 $676,933 $0 $0
2023 $8,389 $584,200 $292,100 $292,100
2022 $8,231 $584,200 $292,100 $292,100
2021 $13,625 $584,200 $292,100 $292,100
2020 $8,237 $584,200 $292,100 $292,100
2019 $6,609 $567,967 $0 $0
2018 $7,675 $551,733 $0 $0
2017 $5,715 $535,500 $0 $0
2016 -- $535,500 $0 $0
2015 -- $535,500 $0 $0
2014 -- $535,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2053914

Bright MLS

APN: 06-690-90003374