NOT LISTED FOR SALE

1202 Cherry Tree Ln Annapolis, MD 21403

Estimated Value: $1,719,241

5 Beds
5.5 Baths
5,101 Sq Ft
$337/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $1,300,000 $255 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $10,167/month

4 Days on Market

Highlights

  • Marina
  • Pier or Dock
  • Canoe or Kayak Water Access
  • Hillsmere Elementary School Rated 9+
  • Home fronts navigable water
  • Public Beach

About This Home

As of November 2022

Stately brick colonial in sought-after Fishing Creek Farm. Set on a large lot with in-ground pool among elegant custom homes. Professionally updated with thoughtful renovations and quality materials. Open floor plan with unique features allowing for seamless indoor/outdoor living. Main level includes character-grade white oak floors, true gourmet kitchen with Wolf range, SubZero 36" fridge and 36" freezer, built-in dining banquet, two sinks, quartz counter tops, pantry plus quality cabinetry. Mud room and laundry room off garage with powder room and additional storage nook. Family room with gas fireplace, vaulted ceilings, and built-ins plus private office and large dining room. Outdoor entertaining area features AZEK decking serviced by full bath and detached wet bar. Four bedrooms on the second floor with 3 full baths... primary bathroom has his and hers. Lower level features media room, gym, and fifth bedroom and bathroom. The amenity-rich community of Fishing Creek Farm includes tennis courts, marina, waterside pool, and a clubhouse. Easy commute to Washington, Baltimore, the Eastern Shore, and more.

Last Agent to Sell the Property

Day Weitzman

(410) 353-0721 dweitzman@cbmove.com Coldwell Banker Realty Listed on: 10/15/2022

Coldwell Banker Realty

Last Buyer's Agent

Michael Bernstein

(410) 980-8091 michael.bernstein@cbmove.com Coldwell Banker Realty License #649382

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,490

Year Built

  • Built in 1994

Lot Details

  • 0.82 Acre Lot
  • Home fronts navigable water
  • Public Beach
  • Backs To Open Common Area
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Backs to Trees or Woods
  • Property is zoned R1

HOA Fees

  • $172 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 1 Fireplace
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Sitting Room
  • Dining Room
  • Den
  • Game Room
  • Home Gym
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Improved Basement

  • Connecting Stairway
  • Interior Basement Entry

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Canoe or Kayak Water Access
  • River Nearby
  • Personal Watercraft
  • Powered Boats Permitted
  • Deck

Schools

  • Annapolis High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Water Conditioner

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 020225790059682

Community Details

Overview

  • Association fees include management, insurance, pier/dock maintenance, pool(s), reserve funds
  • Fishing Creek Farm Subdivision

Amenities

  • Common Area
  • Party Room

Recreation

  • Pier or Dock
  • Marina
  • Beach
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,490

Year Built

Built in 1994

Lot Details

0

HOA Fees

$172 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 10/15/2022 12:00:00 AM
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Washer, Oven - Wall, Disposal, Exhaust Fan, Microwave, Refrigerator
  • Interior Amenities: Attic, Breakfast Area, Family Room Off Kitchen, Dining Area, Recessed Lighting, Carpet, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Pantry, Skylight(s), Bathroom - Stall Shower, Bathroom - Tub Shower, Walk-In Closet(s), Water Treat System, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Vaulted Ceilings
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Breakfast Room, Study, Exercise Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Improved, Interior Access
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 6233
  • Living Area Sq Ft: 5101
  • Price Per Sq Ft: 355.09
  • Above Grade Finished Sq Ft: 3799
  • Above Grade Unfinished Sq Ft: 675
  • Below Grade Finished Sq Ft: 1302
  • Below Grade Sq Ft: 457
  • Total Below Grade Sq Ft: 1759
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Exterior Features: Extensive Hardscape
  • Pool Features: Fenced, In Ground
  • Water Access Features: Canoe/Kayak, Personal Watercraft (PWC), Public Beach, Boat - Powered
  • Water Access: Yes
  • Water Body Name: SOUTH RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Zoned
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well, Conditioner

Condo/Co-op/Association

  • HOA Fees: 2060.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Marina/Marina Club, Party Room, Pool - Outdoor, Pier/Dock, Beach, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Pier/Dock Maintenance, Pool(s), Reserve Funds
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent
  • High School: ANNAPOLIS

Lot Info

  • Lot Features: Backs To Trees, Backs - Open Common Area, Landscaping, Private
  • Lot Size Acres: 0.82
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 35783.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9490.00
  • Assessor Parcel Number: 020225790059682
  • Tax Lot: 99
  • 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
Oct 15, 2022
Closed on
Nov 14, 2022
Sold by
Carlisle David I
Bought by
Corvese Ernest Jeremy and Corvese Alyssa
Seller's Agent
Day Weitzman
Coldwell Banker Realty
Buyer's Agent
Michael Bernstein
Coldwell Banker Realty
List Price
$1,349,000
Sold Price
$1,300,000
Premium/Discount to List
-$49,000
-3.63%
Views
26
Current Estimated Value
$1,719,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,241
Avg. Annual Appreciation
9.25%
Original Mortgage
$1,000,000
Outstanding Balance
$965,951
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$753,290

Purchase Details

Listed on
Aug 26, 2016
Closed on
Sep 18, 2017
Sold by
Powell Kevin James and Powell Rene Frame
Bought by
Carlisle David T and Carlisle Julie C
Seller's Agent
John Collins
Long & Foster Real Estate, Inc.
Buyer's Agent
Mary Carlisle
Coldwell Banker Chesapeake Real Estate Company
List Price
$859,900
Sold Price
$760,000
Premium/Discount to List
-$99,900
-11.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$684,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1993
Sold by
S N Properties 1 Inc
Bought by
Powell Kevin J and Powell Rene F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
7.57%
Source: Public Records
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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
Corvese Ernest Jeremy $1,300,000 Mid Maryland Title
Corvese Ernest Jeremy $1,300,000 Mid Maryland Title
Carlisle David T $760,000 Advantage Title Co
Powell Kevin J $99,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corvese Ernest Jeremy $1,000,000
Closed Corvese Ernest Jeremy $1,000,000
Previous Owner Carlisle David T $684,000
Previous Owner Powell Kevin J $70,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2022 11/14/22 Sold $1,300,000 -3.6% $255 / Sq Ft
10/15/2022 10/15/22 For Sale $1,349,000 +77.5% $264 / Sq Ft
09/18/2017 09/18/17 Sold $760,000 -5.0% $173 / Sq Ft View Prior Sale
07/24/2017 07/24/17 Pending -- -- --
06/06/2017 06/06/17 Price Changed $799,900 -7.0% $182 / Sq Ft
08/26/2016 08/26/16 For Sale $859,900 -- $196 / 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 $12,056 $1,187,267 -- --
2024 $12,056 $1,055,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2046744

Bright MLS

APN: 02-257-90059682