NOT LISTED FOR SALE

1251 Pram Place Annapolis, MD 21403

Estimated Value: $849,043 - $975,000

3 Beds
2.5 Baths
2,304 Sq Ft
$387/Sq Ft Est. Value

Last Sold August 15, 2013

Last sale price $485,000 $211 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,370/month

Highlights

  • Marina
  • Pier
  • Home fronts navigable water
  • 5 Boat Docks
  • Pier or Dock
  • Open Floorplan

About This Home

As of August 2013

Contract fell through - APPROVAL IN HAND! LOCATED IN THE SOUGH-AFTER WATERFRONT COMMUNITY "ANNAPOLIS COVE". FEATURES:OPEN FLOOR PLAN, HARDWOOD,CROWN & CHAIR RAIL,SKY LIGHTS,RECESSED LIGHTING, KIT W/ BREAKFAST BAR,GRANITE,SS APPLIANCES,FAMILY ROOM OFF KIT W/FIREPLACE,MASTER BEDROOM SUITE W/SITTING ROOM, FINISHED BASEMENT. AMENITIES :MARINA, POND, PICNIC & PLAY AREAS,BAY RIDGE POOL MEM AVAIL

Last Agent to Sell the Property

Janet Hunt

(410) 320-7500 janetghunt@comcast.net Long & Foster Real Estate, Inc. License #85292 Listed on: 02/10/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Debby Wimsatt

(240) 354-3355 debbywimsatt@gmail.com RE/MAX Realty Centre, Inc. License #MRIS:6043

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,967

Year Built

  • Built in 1984

Lot Details

  • 0.35 Acre Lot
  • Home fronts navigable water
  • Property is in very good condition
  • Property is zoned R2

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • 1 Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Game Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Stove
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Rear Basement Entry
  • Sump Pump

Outdoor Features

  • Pier
  • Water Access
  • 5 Boat Docks
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Lake Privileges
  • Deck

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Water Dispenser
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 020200590033471
  • $320 Front Foot Fee per year

Community Details

Overview

  • Association fees include pier/dock maintenance, reserve funds

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Pier or Dock
  • Marina
  • Community Basketball Court
  • Community Playground
  • Pool Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,967

Year Built

Built in 1984

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • 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: 1984
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven - Double, Refrigerator, Stove, Washer, Water Conditioner - Owned, Water Dispenser
  • Interior Amenities: Family Room Off Kitchen, Breakfast Area, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Built-Ins, Chair Railings, Crown Moldings, Window Treatments, Master Bath(s), Wood Floors, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Family Room, Den, Foyer, Study, Exercise Room, Laundry, Storage Room, Utility Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Sump Pump, Full, Fully Finished, Walkout Stairs
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: LAKE OGLETON
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Marina/Marina Club, Picnic Area, Pier/Dock, Pool Mem Avail, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Pier/Dock Maintenance, Reserve Funds
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 243600.00
  • Land Assessed Value: 199800.00
  • Lot Size Acres: 0.35
  • Lot Size Area: 15061
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15061.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2012
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15169730
  • Tax Annual Amount: 4967.00
  • Assessor Parcel Number: 020200590033471
  • Tax Lot: 52
  • Tax Total Finished Sq Ft: 2304
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 08/15/2013

Multi Family

  • Dock Slip Conveyance: None Available
  • Front Foot Fee: 320.00
  • Mean Low Water Feet: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2013
Closed on
Aug 15, 2013
Sold by
Pipkin Karen M and Franke Karen M
Bought by
Fraser John C
Seller's Agent
Janet Hunt
Long & Foster Real Estate, Inc.
Buyer's Agent
Debby Wimsatt
RE/MAX Realty Centre, Inc.
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%
Current Estimated Value
$892,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,761
Avg. Annual Appreciation
5.15%
Original Mortgage
$422,212
Outstanding Balance
$314,109
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$578,652

Purchase Details

Closed on
Dec 31, 1996
Sold by
Franke Robin E
Bought by
Franke Karen M

Purchase Details

Closed on
Nov 5, 1990
Sold by
Redento Jose
Bought by
Franke Robin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
10.13%
Source: Public Records

Range of Values:

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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
Fraser John C $485,000 Mid Maryland Title Company I
Franke Karen M -- --
Franke Robin E $202,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraser John C $422,212
Previous Owner Franke Robin E $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2013 08/15/13 Sold $485,000 -2.0% $211 / Sq Ft
08/03/2013 08/03/13 For Sale $495,000 0.0% $215 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
03/31/2013 03/31/13 Pending -- -- --
03/28/2013 03/28/13 Price Changed $495,000 -6.4% $215 / Sq Ft
03/22/2013 03/22/13 Price Changed $529,000 -3.6% $230 / Sq Ft
02/27/2013 02/27/13 Price Changed $549,000 -5.2% $238 / Sq Ft
02/10/2013 02/10/13 For Sale $579,000 -- $251 / 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 $7,125 $642,400 -- --
2024 $7,125 $599,200 $0 $0
2023 $6,606 $556,000 $303,100 $252,900
2022 $6,209 $547,133 $0 $0
2021 $12,255 $538,267 $0 $0
2020 $5,971 $529,400 $278,100 $251,300
2019 $5,871 $519,333 $0 $0
2018 $5,164 $509,267 $0 $0
2017 $5,543 $499,200 $0 $0
2016 -- $480,600 $0 $0
2015 -- $462,000 $0 $0
2014 -- $443,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003340992

Bright MLS

APN: 02-005-90033471