NOT LISTED FOR SALE

12 President Point Dr Unit B1 Annapolis, MD 21403

Eastport Neighborhood

Estimated Value: $858,000 - $1,047,000

2 Beds
2 Baths
1,260 Sq Ft
$500/mo HOA Fee

Last Sold August 22, 2014

Last sale price $510,000 $405 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,071/month

36 Days on Market

Highlights

  • 2 Boat Docks
  • In Ground Pool
  • Lake Privileges
  • Water Views
  • Water Oriented
  • Clubhouse

About This Home

As of August 2014

Reduced $50,000. RARE opportunity to own in The Pointe! One of the best buildings too - looks directly across at the Capitol Building! Enjoy fine Annapolis waterfront living with all the amenities of pool, tennis, clubhouse, walking trails minutes from downtown. Take water taxi from marina to City Dock. Main floor unit with wide water views from the main living areas, even a view from MB sliders!

Last Agent to Sell the Property

Curt Hess

(443) 424-2878 curt.hess@omhteam.com ExecuHome Realty License #636336 Listed on: 06/04/2014

ExecuHome Realty

Co-Listed By

Joseph Wallman

(410) 253-9267 realtorjoewallman@gmail.com Coldwell Banker Realty License #0225232336

Last Buyer's Agent

Melanie Graw

(410) 703-3658 mgraw@cbmove.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,755

Year Built

  • Built in 1974

Lot Details

  • Creek or Stream
  • Property is in very good condition

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Off-Street Parking

Property Views

  • Water
  • Scenic Vista

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Self-Cleaning Oven
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Visual Modifications
  • Level Entry For Accessibility

Outdoor Features

  • In Ground Pool
  • Water Oriented
  • Available By Lease
  • 2 Boat Docks
  • Physical Dock Slip Conveys
  • Shared Waterfront
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Lake Privileges
  • Multiple Balconies

Location

  • Property is near a creek

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Shared Sewer
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 020669090000871

Community Details

Overview

  • Association fees include exterior building maintenance, common area maintenance, fiber optics available, management, insurance, reserve funds, pier/dock maintenance, pool(s), snow removal
  • Low-Rise Condominium
  • The Point Condo Community
  • The community has rules related to alterations or architectural changes, covenants

Amenities

  • Common Area
  • Clubhouse
  • Community Center

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,755

Year Built

Built in 1974

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main, Visual Mod
  • Ownership: Condominium
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven - Self Cleaning, Refrigerator, Washer, Icemaker
  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Laundry, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1260
  • Living Area Sq Ft: 1260
  • Price Per Sq Ft: 416.67
  • Above Grade Finished Sq Ft: 1260
  • 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
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Tennis Court(s)
  • Pool Features: In Ground
  • View: Water, Scenic Vista
  • Water Access: No
  • Water Body Name: SPA CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: Yes

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: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Shared Sewer
  • Utilities: Dsl Available, Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 500.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Water/Lake Privileges, Hot Tub, Pool - Outdoor, Tennis Courts, Club House, Community Center
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Common Area Maintenance, Fiber Optics Available, Management, Insurance, Reserve Funds, Pier/Dock Maintenance, Pool(s), Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Covenants, Pets - Allowed, Pets - Size Restrict, Restrictions
  • HOA: No

Lot Info

  • Improvement Assessed Value: 242600.00
  • Land Assessed Value: 242500.00
  • Outdoor Living Structures: Balcony, Balconies- Multiple
  • Property Condition: Very Good
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15322969
  • Tax Annual Amount: 6754.68
  • Assessor Parcel Number: 020669090000871
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Dock Slip Conveyance: Available By Lease
  • Waterfront Features: Private Dock Site, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2014
Closed on
Aug 22, 2014
Sold by
Hedlund Mark
Bought by
Jenks Winston D and Jenks Patricia D
Seller's Agent
Curt Hess
ExecuHome Realty
Buyer's Agent
Melanie Graw
Coldwell Banker Realty
List Price
$579,000
Sold Price
$510,000
Premium/Discount to List
-$69,000
-11.92%
Current Estimated Value
$910,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,807
Avg. Annual Appreciation
5.28%

Purchase Details

Closed on
Sep 9, 1996
Sold by
Griffin Truste David T
Bought by
Hedlund Jack A
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
Jenks Winston D $510,000 Title Resources Guaranty Co
Hedlund Jack A $212,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hedlund Jack A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2014 08/22/14 Sold $510,000 -2.9% $405 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
06/13/2014 06/13/14 Price Changed $525,000 -9.3% $417 / Sq Ft
06/06/2014 06/06/14 For Sale $579,000 +13.5% $460 / Sq Ft
06/04/2014 06/04/14 Off Market $510,000 -- --
06/04/2014 06/04/14 For Sale $579,000 -- $460 / 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 $9,303 $683,700 -- --
2024 $9,303 $647,400 $0 $0
2023 $8,775 $611,100 $305,500 $305,600
2022 $8,610 $611,100 $305,500 $305,600
2021 $8,610 $611,100 $305,500 $305,600
2020 $8,617 $611,100 $305,500 $305,600
2019 $8,030 $569,100 $0 $0
2018 $7,332 $527,100 $0 $0
2017 $6,350 $485,100 $0 $0
2016 -- $485,100 $0 $0
2015 -- $485,100 $0 $0
2014 -- $485,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Curt Hess

    ExecuHome Realty

    Section Image
  • Joseph Wallman

    Seller Co-Listing Agent in 2014

    Joseph Wallman

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (410) 253-9267

    3 in this area

    42 Total Sales

    Joseph Wallman
    Section Image
  • Melanie Graw

    Buyer's Agent in 2014

    Melanie Graw

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (410) 703-3658

    Melanie Graw
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003038464

Bright MLS

APN: 06-690-90000871

Maryland Anne Arundel County Annapolis 21403 Eastport

12 President Point Dr Unit B1, Annapolis, MD

Not Listed for Sale

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