NOT LISTED FOR SALE

116 Spruce Ln Annapolis, MD 21403

Estimated Value: $495,000 - $539,714

3 Beds
1 Bath
1,064 Sq Ft
$492/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $265,000 $249 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,013/month

46 Days on Market

Highlights

  • 5 Boat Docks
  • Home fronts navigable water
  • Lake Privileges
  • Hillsmere Elementary School Rated 9+
  • Water Access
  • Raised Ranch Architecture

About This Home

As of February 2013

Home is an estate sale and is sold "as is". Located in the water privledged community of Hillsmere Shores. Huge double lot with tons of potential. Owner was planning major renovation, documents available to show what he had intended. Hillsmere is right next to beautiful Quiet Waters Park, restaurants and downtown historic Annapolis.

Last Agent to Sell the Property

Tommy Eicher

(410) 212-3383 tommy.eicher@cbrealty.com Coldwell Banker Realty Listed on: 12/08/2012

Coldwell Banker Realty

Last Buyer's Agent

Ginny Michaels

ginnymichaels@comcast.net RE/MAX Realty Plus License #MRIS:7569

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,199

Year Built

  • Built in 1955

Lot Details

  • 0.55 Acre Lot
  • Home fronts navigable water
  • Property is zoned R2

HOA Fees

  • HOA YN

Parking

  • Off-Street Parking

Home Design

  • Raised Ranch Architecture
  • Asbestos

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Combination Kitchen and Living
  • Unfinished Basement
  • Rear Basement Entry

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • 5 Boat Docks
  • Lake Privileges

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 020241211029200

Community Details

Overview

  • Condo Association YN: No

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Pool Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,199

Year Built

Built in 1955

Lot Details

0

HOA Fees

$1 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Living
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Unfinished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Asbestos
  • Dock Type: Multiple Slip
  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 15.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Picnic Area, Pool Mem Avail, Pool - Outdoor, Tot Lots/Playground, Water/Lake Privileges
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 88500.00
  • Land Assessed Value: 187000.00
  • Lot Size Acres: 0.55
  • Lot Size Area: 24000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24000.00
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15182537
  • Tax Annual Amount: 3199.02
  • Assessor Parcel Number: 020241211029200
  • Tax Lot: 26
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2012
Closed on
Feb 26, 2013
Sold by
Hickman R Edward R and Hickman Ellen
Bought by
Todd Jeremy Paul
Seller's Agent
Tommy Eicher
Coldwell Banker Realty
Buyer's Agent
Ginny Michaels
RE/MAX Realty Plus
List Price
$299,900
Sold Price
$265,000
Premium/Discount to List
-$34,900
-11.64%
Current Estimated Value
$523,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,429
Avg. Annual Appreciation
5.47%
Original Mortgage
$265,000
Outstanding Balance
$187,003
Interest Rate
3.54%
Mortgage Type
VA
Estimated Equity
$336,426

Purchase Details

Closed on
Mar 13, 2001
Sold by
Starr Frances J
Bought by
Hickman Frederic T

Purchase Details

Closed on
Jan 30, 1996
Sold by
Starr John E
Bought by
Starr Frances J
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
Todd Jeremy Paul $265,000 New Horizon Title Inc
Hickman Frederic T $140,000 --
Starr Frances J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Todd Jeremy Paul $265,000
Closed Hickman Frederic T --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $265,000 +0.4% $249 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
01/11/2013 01/11/13 Price Changed $264,000 -12.0% $248 / Sq Ft
12/08/2012 12/08/12 For Sale $299,900 -- $282 / 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 $3,072 $391,833 -- --
2024 $3,072 $375,767 $0 $0
2023 $4,601 $359,700 $269,000 $90,700
2022 $3,742 $358,133 $0 $0
2021 $8,560 $356,567 $0 $0
2020 $4,181 $355,000 $269,000 $86,000
2019 $3,380 $345,933 $0 $0
2018 $3,416 $336,867 $0 $0
2017 $3,900 $327,800 $0 $0
2016 -- $310,367 $0 $0
2015 -- $292,933 $0 $0
2014 -- $275,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004235376

Bright MLS

APN: 02-412-11029200