NOT LISTED FOR SALE

1138 Cove Rd Unit 101 Annapolis, MD 21403

Eastport Neighborhood

Estimated Value: $360,000 - $380,000

4 Beds
2 Baths
1,475 Sq Ft
$450/mo HOA Fee

Last Sold June 26, 2020

Last sale price $249,900 $169 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,728/month

32 Days on Market

Highlights

  • Boat Ramp
  • Water Access
  • Lake Privileges
  • Home fronts navigable water
  • Fitness Center
  • Clubhouse

About This Home

As of June 2020

PENDING RELEASE** In person showings are still available**VACANT** RARE 4 bedroom Floor Plan- Terrace level, The Landing at Spa creek provides all the marvelous amenities you are searching for, Picture yourself living in a sleek remodeled condo situated along Spa Creek with Water Taxi Service downtown. Enjoy private waterfront access, Possible Boat Slips along onsite Pier, kayak and canoe storage opportunities at your private community Marina offering Grills and Picnic Tables overlooking Spa Creek. Adjacent to public boat ramp and park facilities that are unparalleled in Annapolis. The landing at Spa Creek Offers spacious contemporary units with chic sophisticated appointments including dynasty black granite, modern cabinetry, 12 x12 ceramic floor in the kitchen, Open concept breakfast bar, stainless appliances, built in microwave, pre-wired high speed internet ready. Generous private balcony with serene views, laundry closet, pet friendly EVERY BOX is checked on your list. spacious closets, ensuite bathroom - Extra storage unit in basement. Assigned parking. CONDO fee includes more then you could ever imagine.. GAS,HEAT,WATER, SEWER,TRASH & MASTER INSURANCE. AMENITIES GALORE including state of the art Club house, billiard lounge, coffee bar, 24 hour fitness center, Gorgeous outdoor pool and sundeck. I challenge you to find a better value, this is paradise & everyday a vacation. This is a turn key lifestyle so you can enjoy everything historic Annapolis has to offer without having to worry about exterior maintenance and up keep. Call your realtor today for an appointment , FHA & VA Approved. Annapolis offers a delightful combination of history and a zest for living. Annapolis is the home of the United States Naval Academy founded in 1845 and also the home of St. John's College, founded in 1696 as King William's School and the third oldest institution of higher learning in the United States. Stroll along our famed waterfront or sit at City Dock and imagine what Annapolis must have been during the 1700's, when the City was a bustling seaport with vessels sailing in to trade from all over the world. Or, watch sailboat races in the harbor and understand why Annapolis is America's Sailing Capital. Enjoy the many shops, restaurants, activities and scenery Annapolis has to offer. Take a sightseeing cruise or walking tour and learn more about why Annapolis is a great place to call home!

Last Agent to Sell the Property

Elizabeth Penttinen

(443) 306-5050 MarylandAgent@aol.com Coldwell Banker Realty Listed on: 05/08/2020

Coldwell Banker Realty

Last Buyer's Agent

Judy Woodbury

(240) 350-1887 therevsells@gmail.com Douglas Realty License #505651

Douglas Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,572

Year Built

  • Built in 1969

Lot Details

  • 1,481

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,475 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Water Access
  • Property Near A Cove
  • Lake Privileges

Additional Features

  • Home fronts navigable water
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 020653190225505

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, gas, heat, insurance, lawn maintenance, management, pier/dock maintenance, pool(s), recreation facility, reserve funds, road maintenance, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • The Landing At Spa Creek Condos
  • The Landing At Spa Creek Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Game Room
  • Billiard Room
  • Community Center
  • Meeting Room
  • Party Room
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,572

Year Built

Built in 1969

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-05-14
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1475
  • Living Area Sq Ft: 1475
  • Price Per Sq Ft: 169.42
  • Above Grade Finished Sq Ft: 1475
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • 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: Brick
  • Water Access: Yes
  • Water Body Type: Cove
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 450.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Landing at Spa Creek
  • HOA Condo Co-Op Amenities: Billiard Room, Boat Dock/Slip, Boat Ramp, Club House, Common Grounds, Community Center, Exercise Room, Extra Storage, Fitness Center, Game Room, Meeting Room, Party Room, Picnic Area, Pier/Dock, Pool - Outdoor, Reserved/Assigned Parking, Storage Bin, Swimming Pool, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Heat, Insurance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 129100.00
  • Land Assessed Value: 129000.00
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 15451102
  • Tax Annual Amount: 3572.00
  • Assessor Parcel Number: 020653190225505
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 26, 2020
Sold by
Spa Cove Homeowner Llc
Bought by
Gagern Ellen F
Seller's Agent
Elizabeth Penttinen
Coldwell Banker Realty
Buyer's Agent
Judy Woodbury
Douglas Realty
List Price
$249,900
Sold Price
$249,900
Current Estimated Value
$372,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,945
Avg. Annual Appreciation
7.63%
Original Mortgage
$245,373
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 2019
Sold by
Lexin Spa Cove Owner Llc
Bought by
Spa Cove Homeowner Llc
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
Gagern Ellen F $249,900 Stewart Title Guaranty Co
Spa Cove Homeowner Llc -- Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gagern Ellen F $245,373
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $249,900 0.0% $169 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $249,900 0.0% $169 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $249,900 -- $169 / 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 $3,778 $285,100 -- --
2024 $3,778 $267,900 $0 $0
2023 $3,600 $250,700 $125,300 $125,400
2022 $3,532 $250,700 $125,300 $125,400
2021 $7,065 $250,700 $125,300 $125,400
2020 $3,639 $258,100 $129,000 $129,100
2019 $3,572 $253,167 $0 $0
2018 $3,453 $248,233 $0 $0
2017 $3,088 $243,300 $0 $0
2016 -- $235,933 $0 $0
2015 -- $228,567 $0 $0
2014 -- $221,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA432068

Bright MLS

APN: 06-531-90225505