NOT LISTED FOR SALE

1423 Sharps Point Rd Annapolis, MD 21409

Pendennis Mount Neighborhood

Estimated Value: $2,305,376 - $4,442,000

6 Beds
6.5 Baths
7,500 Sq Ft
$447/Sq Ft Est. Value

Last Sold April 25, 2017

Last sale price $1,310,000 $175 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $19,854/month

98 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Seaplane Permitted
  • Guest House
  • Severn River Middle School Rated 9+
  • 2 Dock Slips
  • Horses Allowed On Property

About This Home

As of April 2017

UNDER CONTRACT. SHOW FOR BACK-UPS. Amazing views! Build your dream home! This property already has a perfectly dug well, septic to accommodate a mansion, a 300 foot pier and new 5-car two-level detached garage. Only 6 miles by car and a quick boat ride to Historic Annapolis. Be close to it all AND away from it all! Compare with MLS #AA8100468.

Last Agent to Sell the Property

Beth Costello

(410) 703-0158 bethcostello@northropteam.com Douglas Realty, LLC License #529399 Listed on: 10/06/2016

Douglas Realty, LLC

Last Buyer's Agent

Kevin Gray

(202) 360-3945 kevin@trentandco.com Compass License #600499

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,217

Year Built

  • Built in 1952

Lot Details

  • 3.02 Acre Lot
  • 200 Feet of Waterfront
  • Home fronts navigable water
  • Southeast Facing Home
  • Landscaped
  • Private Lot
  • Premium Lot
  • The property's topography is level
  • Property is in very good condition
  • Property is zoned RLD

Parking

  • 5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Central Vacuum
  • Dual Staircase
  • Crown Molding
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Finished Basement
  • Connecting Stairway
  • Attic

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Seaplane Permitted
  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Waterski or Wakeboard
  • Rip-Rap
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Deck

Utilities

  • Cooling System Utilizes Bottled Gas
  • Heat Pump System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Guest House
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 020366125472800

Community Details

Overview

  • No Home Owners Association
  • Pleasant Plains Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,217

Year Built

Built in 1952

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1952
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Central Vacuum, Dishwasher, Dryer, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Stove, Washer, Water Heater
  • Interior Amenities: Dining Area, Primary Bath(s), Entry Level Bedroom, Crown Moldings, Window Treatments, Double/Dual Staircase, Whirlpool/Hottub
  • Fireplace Features: Equipment, Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Bedroom 1, In-Law/AuPair/Suite, Bedroom 6, Attic
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 7500
  • Living Area Sq Ft: 7500
  • Price Per Sq Ft: 272.73
  • Above Grade Finished Sq Ft: 5500
  • Below Grade Finished Sq Ft: 2000
  • Total Below Grade Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Guest House
  • Construction Materials: Combination, Brick
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Roof: Asphalt, Slate
  • View: Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Seaplane Permitted, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 200

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 5
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric, Bottled Gas/Propane
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Horse Amenities: Horses Allowed
  • Lot Features: Landscaping, Premium, Rip-Rapped, Private
  • Lot Size Acres: 3.02
  • Lot Size Area: 131551
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 131551.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Topography: Level
  • Zoning: RLD

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 18216.96
  • Assessor Parcel Number: 020366125472800
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Dock Slip Conveyance: Deeded
  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2016
Closed on
Apr 25, 2017
Sold by
Costello Willaim and Costello Janicee
Bought by
Rubin Andrew
Seller's Agent
Beth Costello
Douglas Realty, LLC
Buyer's Agent
Kevin Gray
Compass
List Price
$1,500,000
Sold Price
$1,310,000
Premium/Discount to List
-$190,000
-12.67%
Current Estimated Value
$3,353,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,043,844
Avg. Annual Appreciation
11.54%
Original Mortgage
$1,048,000
Outstanding Balance
$865,499
Interest Rate
3.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,488,345

Purchase Details

Closed on
Dec 31, 2015
Sold by
Costello William and Costello Janice Faye
Bought by
Costello William and Costello Janice Faye

Purchase Details

Closed on
Aug 30, 2011
Sold by
Costello William and Costello Williajanice Faye
Bought by
West Susan Marie and Fink Elizabeth Costello

Purchase Details

Closed on
May 19, 1989
Sold by
Robinson Helen S
Bought by
Costello William and Costello Janice F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
10.69%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rubin Andrew $1,310,000 Distict Title
Costello William -- None Available
West Susan Marie -- None Available
Costello William $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubin Andrew $1,048,000
Previous Owner Costello William $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2017 04/25/17 Sold $1,310,000 0.0% $240 / Sq Ft View Prior Sale
04/25/2017 04/25/17 Sold $1,310,000 -12.7% $175 / Sq Ft
01/18/2017 01/18/17 For Sale $1,500,000 0.0% $200 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
01/12/2017 01/12/17 Pending -- -- --
01/11/2017 01/11/17 Pending -- -- --
10/06/2016 10/06/16 For Sale $1,500,000 -23.1% $200 / Sq Ft
01/28/2016 01/28/16 For Sale $1,950,000 -- $357 / 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 $26,337 $2,147,000 $1,717,300 $429,700
2024 $26,337 $2,344,900 $1,692,300 $652,600
2023 $24,423 $2,236,567 $0 $0
2022 $22,240 $2,128,233 $0 $0
2021 $43,375 $2,019,900 $1,367,300 $652,600
2020 $20,276 $1,887,100 $0 $0
2019 $35,937 $1,754,300 $0 $0
2018 $16,442 $1,621,500 $1,267,300 $354,200
2017 $3,108 $1,731,300 $0 $0
2016 -- $1,731,300 $0 $0
2015 -- $1,914,100 $0 $0
2014 -- $1,914,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Beth Costello

    Seller's Agent in 2017

    Beth Costello

    Douglas Realty, LLC

    (410) 703-0158

    1 in this area

    27 Total Sales

    Beth Costello
    Section Image
  • Kevin Gray

    Buyer's Agent in 2017

    Kevin Gray

    Compass

    (202) 360-3945

    114 Total Sales

    Kevin Gray
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002488684

Bright MLS

APN: 03-661-25472800

Maryland Anne Arundel County Annapolis 21409 Pendennis Mount

1423 Sharps Point Rd, Annapolis, MD

Not Listed for Sale

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