NOT LISTED FOR SALE

118 Academy St Annapolis, MD 21401

Forest Villa Neighborhood

Estimated Value: $1,231,000 - $1,580,000

-- Bed
1 Bath
-- Sq Ft
5,060 Sq Ft Lot

Last Sold May 15, 2012

Last sale price $330,000

Est. 339% increase in value since last sale

Current estimated payment $8,929/month

261 Days on Market

Highlights

  • Home fronts navigable water
  • Newly Remodeled
  • No HOA
  • Water Access
  • Private Pool
  • 5-minute walk to Barbara Neustadt Park

About This Home

As of May 2012

Murray Hill !!- BUILDABLE LOT - PRICE REDUCED BY OVER $85k TO $375,000. LOT 5000 SF, 40X125 Sunny exposure, close to park, water access, arts center, dining, shopping and schools. BUILD QUICKLY, the lot is ready for construction! Builders welcome, HOUSE PLANS AVAILABLE.

Last Agent to Sell the Property

Randy Morse

Coldwell Banker Realty Listed on: 06/10/2011

Last Buyer's Agent

Jack Bannister

RE/MAX United Real Estate

RE/MAX United Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,596

Year Built

  • Built in 2012 | Newly Remodeled

Lot Details

  • 5,060 Sq Ft Lot
  • Home fronts navigable water
  • South Facing Home
  • Cleared Lot
  • The property's topography is level
  • Zoning described as R2

Home Design

  • Fixer Upper

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Private Pool
  • Water Access

Utilities

  • Heating Available

Community Details

  • No Home Owners Association
  • Murray Hill Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 020600090230332

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,596

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: Yes
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2012
  • Remarks Public: Murray Hill ! BUILDABLE LOT - PRICE REDUCED BY OVER $85k TO $375,000. LOT 5000 SF, 40X125 Sunny exposure, close to park, water access, arts center, dining, shopping and schools. BUILD QUICKLY, the lot is ready for construction! Builders welcome, HOUSE PLANS AVAILABLE. Contact Listing Agent for details on this opportunity. Bring All Offers.
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 118

Exterior Features

  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: SPA CREEK
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Land Assessed Value: 370300.00
  • Lot Features: Cleared
  • Lot Size Acres: 0.12
  • Lot Size Area: 5060
  • Lot Dimensions: LotWidth:40 X LotDepth:125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5060.00
  • Property Condition: Major Rehab Needed
  • Topography: Level
  • Year Assessed: 2011
  • Zoning Description: R2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15459422
  • Tax Annual Amount: 4596.40
  • Assessor Parcel Number: 020600090230332
  • Tax Lot: 21
  • Tax Total Finished Sq Ft: 2496
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 05/15/2012

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2012
Sold by
Bannister Gordon B and Bannister Kelly A
Bought by
Gordon & Kelly Bannister Family Revocabl
Current Estimated Value
$1,447,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,800
Interest Rate
3.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 10, 2011
Closed on
May 15, 2012
Sold by
Morse Development Llc
Bought by
Bannister Gordon B and Bannister Kelly A
Seller's Agent
Randy Morse
Coldwell Banker Realty
Buyer's Agent
Jack Bannister
RE/MAX United Real Estate
List Price
$375,000
Sold Price
$330,000
Premium/Discount to List
-$45,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%
Original Mortgage
$550,120
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2008
Sold by
Nowell Melissa
Bought by
Moris Dev Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$651,000
Interest Rate
6.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 1998
Sold by
Gelhaus Fredk E
Bought by
Nowell Melissa
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gordon & Kelly Bannister Family Revocabl -- None Available
Bannister Gordon B $330,000 First American Title Ins Co
Moris Dev Llc $775,000 --
Nowell Melissa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon $85,000
Open Bannister Gordon Bennett $350,000
Closed Bannister Gordon Bennett $250,000
Previous Owner Gordon & Kelly Bannister Family Revocabl $266,800
Previous Owner Bannister Gordon B $550,120
Previous Owner Moris Dev Llc $651,000
Previous Owner Morse Development Llc $651,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2012 05/15/12 Sold $330,000 0.0% --
05/15/2012 05/15/12 Sold $330,000 -12.0% --
02/26/2012 02/26/12 Pending -- -- --
02/26/2012 02/26/12 Pending -- -- --
06/10/2011 06/10/11 For Sale $375,000 0.0% --
05/22/2011 05/22/11 For Sale $375,000 -- --
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 $12,507 $1,048,367 -- --
2024 $12,507 $949,833 $0 $0
2023 $11,687 $851,300 $557,400 $293,900
2022 $11,235 $832,100 $0 $0
2021 $10,754 $812,900 $0 $0
2020 $10,754 $793,700 $527,400 $266,300
2019 $20,173 $753,933 $0 $0
2018 $9,934 $714,167 $0 $0
2017 $8,613 $674,400 $0 $0
2016 -- $657,967 $0 $0
2015 -- $641,533 $0 $0
2014 -- $625,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Randy Morse

    Coldwell Banker (NRT-Southeast-MidAtlantic)

  • Jack Bannister

    Buyer's Agent in 2012

    Jack Bannister

    RE/MAX

    (301) 518-0701

    40 Total Sales

    Jack Bannister
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Map

Source: Bright MLS

MLS Number: 1004471000

Bright MLS

APN: 06-000-90230332

Maryland Anne Arundel County Annapolis 21401 Forest Villa

118 Academy St, Annapolis, MD

This home is located at 118 Academy St, Annapolis, MD 21401 since 10 June 2011 and is currently estimated at $1,447,421. This property was built in 2012. 118 Academy St is a home located in Anne Arundel County with nearby schools including Annapolis Elementary School, Wiley H. Bates Middle School, and Annapolis High School.

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