NOT LISTED FOR SALE

1142 Cove Rd Unit 101 Annapolis, MD 21403

Eastport Neighborhood

Estimated Value: $363,000 - $403,000

4 Beds
2 Baths
1,458 Sq Ft
$564/mo HOA Fee

Last Sold February 28, 2023

Last sale price $327,000 $224 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,876/month

51 Days on Market

Highlights

  • Boat Dock
  • Canoe or Kayak Water Access
  • Gourmet Kitchen
  • Home fronts navigable water
  • Fitness Center
  • View of Trees or Woods

About This Home

As of February 2023

Good opportunity to live in an entry level, four bedroom condo with an open floorplan. Well located with easy access to downtown Annapolis, Eastport, and for commuting to Routes 50 and 97. Truxton Park with the pickle ball and tennis courts are across the street and proximity to the boat launch and private community marina. Seasonal water taxi transportation to restaurants, maritime museum in Eastport and downtown Annapolis.
Four well sized bedrooms, 2 full baths, ample closet space, new full-sized washer and dryer. Each bedroom backs to the woods. Primary bedroom includes a custom designed walk-in closet. Upgraded kitchen with new stainless dishwasher and refrigerator, granite countertops, gas stove, tile floor, pantry and beautiful cabinets. Ample storage and work areas for food preparation. Combined dining area and living room. Dining area can seat 10 people around the table. Very comfortable family room with perfect television viewing space. This is a perfect floorplan !
The Landing at Spa Creek community offers many amenities to residents. Outdoor pool with sunbathing patio, well equipped exercise facility, clubhouse for social activities, marina with racks for kayaks and paddle boards, and beautifully maintained public space with gardens and trees.
This condo has been very well maintained and is in total move-in condition.

Last Agent to Sell the Property

Anne Harrington

(410) 340-9961 anne.harrington@cbmove.com Coldwell Banker Realty Listed on: 11/25/2022

Coldwell Banker Realty

Co-Listed By

Kathryn Saunder

(443) 926-1191 kathryn.saunder@cbmove.com Coldwell Banker Realty License #656816

Last Buyer's Agent

Kate Hopkins

(410) 703-8502 khopkins@cbrealty.com Coldwell Banker Realty License #634990

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,491

Year Built

  • Built in 1969

Lot Details

  • Home fronts navigable water
  • Creek or Stream
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $564 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,458 Sq Ft Home
  • Property has 1 Level
  • Combination Dining and Living Room
  • Carpet
  • Views of Woods

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Lighting

Outdoor Features

  • Canoe or Kayak Water Access
  • Lake Privileges

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • High-Efficiency Water Heater
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 020653190225515

Community Details

Overview

  • Association fees include management, pier/dock maintenance, pool(s), recreation facility, reserve funds, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Comsource Condos
  • The Landing At Spa Creek Condo Community
  • The Landing At Spa Creek Subdivision

Amenities

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

Recreation

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

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,491

Year Built

Built in 1969

Lot Details

0

HOA Fees

$564 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1969
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Oven/Range - Gas, Dishwasher, Disposal, Exhaust Fan, Dryer, Washer, Water Heater - High-Efficiency
  • Entry Floor: 1
  • Interior Amenities: Carpet, Kitchen - Gourmet, Kitchen - Island, Upgraded Countertops, Pantry, Combination Dining/Living, Dining Area, Sprinkler System
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1458
  • Living Area Sq Ft: 1458
  • Price Per Sq Ft: 222.91
  • Above Grade Finished Sq Ft: 1458
  • 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
  • Spa: No
  • View: Trees/Woods
  • Water Access Features: Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: Spa Creek
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

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
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 563.76
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Comsource
  • HOA Condo Co-Op Amenities: Billiard Room, Boat Dock/Slip, Club House, Common Grounds, Community Center, Exercise Room, Extra Storage, Fitness Center, Game Room, Meeting Room, Party Room, Picnic Area, Pier/Dock, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Storage Bin, Swimming Pool, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Management, Pier/Dock Maintenance, Pool(s), Recreation Facility, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Efficiency: Lighting

Lot Info

  • Horses: No
  • Property Condition: Excellent
  • Zoning: R3
  • In City Limits: Yes

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

  • Tax Annual Amount: 3491.00
  • Assessor Parcel Number: 020653190225515
  • 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
Nov 25, 2022
Closed on
Feb 28, 2023
Sold by
Serpico Linda
Bought by
Bruno Patricia N
Seller's Agent
Anne Harrington
Coldwell Banker Realty
Buyer's Agent
Kate Hopkins
Coldwell Banker Realty
List Price
$325,000
Sold Price
$327,000
Premium/Discount to List
$2,000
0.62%
Views
118
Current Estimated Value
$378,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,817
Avg. Annual Appreciation
5.47%
Original Mortgage
$277,950
Outstanding Balance
$268,411
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$110,406

Purchase Details

Listed on
Oct 21, 2019
Closed on
Mar 18, 2020
Sold by
Spa Cove Homeowner Llc
Bought by
Serpico Roger Martin and Serpico Linda
Seller's Agent
Elizabeth Penttinen
Coldwell Banker Realty
Buyer's Agent
Nuala O'Leary
Long & Foster Real Estate, Inc.
List Price
$249,000
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$254,727
Interest Rate
3.5%
Mortgage Type
VA

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
Bruno Patricia N $327,000 Title Resource Guaranty Compan
Serpico Roger Martin $249,000 Sage Title Group Llc
Spa Cove Homeowner Llc -- Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruno Patricia N $277,950
Previous Owner Serpico Roger Martin $254,727
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2023 02/28/23 Sold $327,000 +0.6% $224 / Sq Ft
01/12/2023 01/12/23 For Sale $325,000 -0.6% $223 / Sq Ft
12/16/2022 12/16/22 Off Market $327,000 -- --
11/25/2022 11/25/22 For Sale $350,000 +40.6% $240 / Sq Ft
03/18/2020 03/18/20 Sold $249,000 0.0% $171 / Sq Ft View Prior Sale
02/28/2020 02/28/20 Pending -- -- --
10/21/2019 10/21/19 For Sale $249,000 -- $171 / 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 $3,805 $281,800 -- --
2024 $3,805 $264,800 $0 $0
2023 $3,558 $247,800 $123,900 $123,900
2022 $3,492 $247,800 $123,900 $123,900
2021 $6,983 $247,800 $123,900 $123,900
2020 $3,597 $255,100 $127,500 $127,600
2019 $4,376 $250,233 $0 $0
2018 $3,413 $245,367 $0 $0
2017 $3,053 $240,500 $0 $0
2016 -- $233,233 $0 $0
2015 -- $225,967 $0 $0
2014 -- $218,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2049316

Bright MLS

APN: 06-531-90225515