NOT LISTED FOR SALE

1140 Cove Rd Unit 201 Annapolis, MD 21403

Eastport Neighborhood

Estimated Value: $270,580 - $293,000

2 Beds
2 Baths
969 Sq Ft
$285/mo HOA Fee

Last Sold August 27, 2019

Last sale price $215,000 $222 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,007/month

42 Days on Market

Highlights

  • Boat Ramp
  • Canoe or Kayak Water Access
  • Fishing Allowed
  • Home fronts navigable water
  • Fitness Center
  • Gourmet Kitchen

About This Home

As of August 2019

Do you desire a carefree waterfront lifestyle but think its not financially within your reach? Your dreams can come true! The Landing at Spa creek provides all the marvelous amenities you are searching for, all within your budget. 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 or attend our up coming OPEN HOUSE. FHA & VA Approved. Annapolis offers a delightful combination of history and a zest for living. Walk along the old brick sidewalks much as George Washington or Thomas Jefferson did in the days when Annapolis was the Capital of the United States Architecturally, Annapolis boasts some of the finest 17th and 18th Century buildings in the country - including the residences of all four Maryland signers of the Declaration of Independence.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: 06/07/2019

Coldwell Banker Realty

Last Buyer's Agent

Laurie Zebrowski

(301) 442-2303 lauriezebrowski@boblucidoteam.com Keller Williams Lucido Agency

Keller Williams Lucido Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,560

Year Built

  • Built in 1969 | Remodeled in 2010

Lot Details

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

HOA Fees

  • $285 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 969 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Partial Basement

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property Near A Cove
  • Waterski or Wakeboard
  • Sail
  • Powered Boats Permitted
  • Lake Privileges

Schools

  • Tyler Heights Elementary School
  • Annapolis Middle School
  • Annapolis High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 020653190225511

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, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • The Landings A Spa Creek Condos
  • The Landing At Spa Creek Subdivision

Amenities

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

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Fitness Center
  • Community Pool
  • Fishing Allowed
  • Jogging Path

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,560

Year Built

Built in 1969 | Remodeled in 2010

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Year Built: 1969
  • Year Renovated: 2010
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven - Single, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 2
  • Interior Amenities: Breakfast Area, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Upgraded Countertops
  • Fireplace: No
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 969
  • Living Area Sq Ft: 969
  • Price Per Sq Ft: 221.88
  • Above Grade Finished Sq Ft: 969
  • 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: Brick
  • Water Access Features: Canoe/Kayak, Private Access, Sail, Waterski/Wakeboard, Fishing Allowed, Boat - Powered
  • Water Access: Yes
  • Water Body Name: Spa Creek
  • Water Body Type: Cove
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • 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
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 285.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Landings a 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, Jog/Walk Path, Meeting Room, Party Room, Picnic Area, Pier/Dock, Pool - Outdoor, Recreational Center, Reserved/Assigned Parking, 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, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: TYLER HEIGHTS
  • High School: ANNAPOLIS
  • Middle Or Junior School: ANNAPOLIS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 92100.00
  • Land Assessed Value: 92000.00
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 969.00
  • Property Condition: Very Good
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15451108
  • Tax Annual Amount: 2560.00
  • Assessor Parcel Number: 020653190225511
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Aug 29, 2019
Sold by
Spa Cove Homeowner Llc
Bought by
Lingo Jonathan K and Lingo Elizabeth
Seller's Agent
Elizabeth Penttinen
Coldwell Banker Realty
Buyer's Agent
Laurie Zebrowski
Keller Williams Lucido Agency
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$283,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,395
Avg. Annual Appreciation
4.50%
Original Mortgage
$172,000
Outstanding Balance
$150,659
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$132,736

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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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
Lingo Jonathan K $215,000 Sage Title Group Llc
Spa Cove Homeowner Llc -- Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lingo Jonathan K $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2019 08/27/19 Sold $215,000 0.0% $222 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $215,000 -- $222 / 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 $2,763 $206,700 -- --
2024 $2,763 $195,400 $0 $0
2023 $2,644 $184,100 $92,000 $92,100
2022 $2,594 $184,100 $92,000 $92,100
2021 $5,188 $184,100 $92,000 $92,100
2020 $2,596 $184,100 $92,000 $92,100
2019 $2,598 $184,100 $92,000 $92,100
2018 $2,561 $184,100 $92,000 $92,100
2017 $2,346 $184,100 $0 $0
2016 -- $179,233 $0 $0
2015 -- $174,367 $0 $0
2014 -- $169,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA402854

Bright MLS

APN: 06-531-90225511