Seller's Agent in 2021
David Yee
Long & Foster
(410) 487-5980
8 in this area
77 Total Sales
12 President Point Dr Unit A1 Annapolis, MD 21403
Eastport NeighborhoodEstimated Value: $657,000 - $756,000
1
Bed
1
Bath
923
Sq Ft
$435/mo
HOA Fee
Highlights
- 100 Feet of Waterfront
- Primary bedroom faces the bay
- Parking available for a boat
- Marina
- Boat Dock
- Gourmet Galley Kitchen
About This Home
As of November 2021Imagine the ultimate location on Spa Creek in historic Annapolis. A place where you can see nearly 180 degrees up and down Spa Creek, with clear sights of the capital day and night (lit up) and the draw bridge. This condo, 12 President Point, Unit A1, is arguably the best location in the President Point condos. It is “the Point at the Point!”
It features incredible views, better than most third floor views, while offering a level first-floor entry - NO STAIRS up or down to this home unit. You directly enter from parking area, yet still experience some of the best views at the Point (most of the photos shown here are taken from the water-side deck.)
Plantation Blinds throughout. Extensive hardwood floors. And incredible views from both front patio and water-side deck. Large master bedroom includes two closets and corner windows with more water views.
Only 1 mile, walking distance, to downtown historic Annapolis! Multi-use club house includes outdoor swimming pool & hot tub. President Point has beautiful flowering grounds, with tennis courts, and many interesting & attractive docked boats (slips are available for rent). Access to water taxi to downtown is just 60 to 70 feet away!
This is a unique opportunity to get in on the ground floor (literally) in one of the best water front locations in Annapolis and perhaps the single best location at the Point.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,074
Lot Details
- 100 Feet of Waterfront
- Home fronts navigable water
- Creek or Stream
- South Facing Home
- Property is in very good condition
HOA Fees
- $435 Monthly HOA Fees
Property Views
- Panoramic
- Creek or Stream
Home Design
- Wood Siding
- HardiePlank Type
Interior Spaces
- 923 Sq Ft Home
- Property has 1 Level
- Traditional Floor Plan
- Recessed Lighting
- Wood Burning Fireplace
- Window Treatments
- Living Room
- Dining Room
- Den
- Loft
Kitchen
- Gourmet Galley Kitchen
- Electric Oven or Range
- Microwave
- Upgraded Countertops
Flooring
- Wood
- Laminate
- Concrete
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Primary bedroom faces the bay
- 1 Full Bathroom
- Soaking Tub
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Home Security
Parking
- Private Parking
- Free Parking
- Lighted Parking
- Paved Parking
- Parking Lot
- Parking available for a boat
- Unassigned Parking
Outdoor Features
- Water Access
- Stream or River on Lot
- Balcony
- Deck
- Outdoor Storage
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Additional Features
- Doors are 32 inches wide or more
- Property is near a creek
Listing and Financial Details
- Assessor Parcel Number 020669090000868
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, management, pier/dock maintenance, pool(s), reserve funds, sewer, snow removal, trash, water
- Low-Rise Condominium
- The Point Condo Community
- President Point Subdivision
- Property Manager
Amenities
- Common Area
- Clubhouse
- Community Center
- Community Storage Space
Recreation
- Boat Dock
- Marina
- Tennis Courts
- Community Pool or Spa Combo
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
- Breed Restrictions
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2021
Closed on
Nov 17, 2021
Sold by
Sparzo Darrel F
Bought by
Corcoran Philip Edmund and Corcoran Helenmarie Anderson
Seller's Agent
David Yee
Long & Foster Real Estate, Inc.
Buyer's Agent
Doc Keane
Washington Fine Properties, LLC
List Price
$735,000
Sold Price
$650,000
Premium/Discount to List
-$85,000
-11.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,786
Avg. Annual Appreciation
3.02%
Original Mortgage
$520,000
Interest Rate
2.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 16, 2009
Sold by
Sparzo Frank J
Bought by
Sparzo Frank J
Purchase Details
Closed on
May 12, 1997
Sold by
Zeiser Eugene P
Bought by
Sparzo Frank J
Purchase Details
Closed on
Nov 29, 1993
Sold by
Nelligan J M
Bought by
Zeiser Eugene P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
6.72%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Corcoran Philip Edmund | $650,000 | Eagle Title | |
| Sparzo Frank J | -- | -- | |
| Sparzo Frank J | $154,000 | -- | |
| Zeiser Eugene P | $159,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Corcoran Philip Edmund | $520,000 | |
| Previous Owner | Zeiser Eugene P | $143,900 | |
| Closed | Sparzo Frank J | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/29/2021 11/29/21 | Sold | $650,000 | 0.0% | $704 / Sq Ft |
| 09/11/2021 09/11/21 | Price Changed | $650,000 | -5.1% | $704 / Sq Ft |
| 08/27/2021 08/27/21 | Price Changed | $685,000 | -2.0% | $742 / Sq Ft |
| 07/26/2021 07/26/21 | Price Changed | $699,000 | -4.9% | $757 / Sq Ft |
| 07/09/2021 07/09/21 | For Sale | $735,000 | -- | $796 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,427 | $581,467 | -- | -- |
| 2024 | $7,427 | $516,833 | $0 | $0 |
| 2023 | $6,494 | $452,200 | $226,100 | $226,100 |
| 2022 | $5,938 | $421,433 | $0 | $0 |
| 2021 | $5,505 | $390,667 | $0 | $0 |
| 2020 | $5,075 | $359,900 | $179,900 | $180,000 |
| 2019 | $5,057 | $358,367 | $0 | $0 |
| 2018 | $4,964 | $356,833 | $0 | $0 |
| 2017 | $4,651 | $355,300 | $0 | $0 |
| 2016 | -- | $355,300 | $0 | $0 |
| 2015 | -- | $355,300 | $0 | $0 |
| 2014 | -- | $369,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Yee
-
Deborah Osman
Seller Co-Listing Agent in 2021
Deborah Osman
Long & Foster
(443) 995-7142
5 in this area
51 Total Sales
-
Doc Keane
Buyer's Agent in 2021
Doc Keane
Washington Fine Properties, LLC
(202) 441-2343
3 in this area
115 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2003028
APN: 06-690-90000868
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