1483 Downham Market Annapolis, MD 21401
5
Beds
3
Baths
3,282
Sq Ft
1.47
Acres
Highlights
- Marina
- Pier or Dock
- Canoe or Kayak Water Access
- Marina View
- Home fronts navigable water
- Fishing Allowed
About This Home
As of April 2025Stunning mid century modern home in the Downs on the Severn community of Annapolis. This gem of a home is surrounded by beautiful landscaping and boasts gorgeous water views down the Severn River out to the RT 50 bridge. The expansive wrap around rear deck and patio below are perfect for entertaining or relaxing all year long. Enjoy the easy access from the backyard to the community marina below, featuring a brand new floating dock and relish in the perfect location with just a quick walk to the community pool, tennis courts and clubhouse. Inside the home, the stunning interior boasts vaulted ceilings, walls of glass that frame the views and an open concept floor plan with gleaming hardwood floors. The sun-filled gourmet Kitchen with center island and a plethora of cabinets and counters flows into the spacious Living room and Dining area with the floor to ceiling brick fireplace as the focal point. A cozy place to gather on a cool winter night! It's the perfect layout for preparing a meal in the kitchen while still chatting with your guests gathered in the living room or dining area. The wall of sliding glass doors draws you out to the rear deck and the water views are captivating; creating indoor/outdoor living at its finest. Conveniently located on the main level are 3 bedrooms and 2 full baths, including the Primary bedroom suite with access to the rear deck and a luxurious spa like bath featuring a skylight for beautiful natural light, double sinks and huge walk-in shower. Head down the stairs to the lower level walkout with walls of glass to enjoy the Family room with additional fireplace, a spacious and light-filled bedroom with hall bath and an additional bedroom/bonus room that is perfect for a home office, gym or 5th bedroom. Numerous recent upgrades include refinished hardwood floors, new roof, new paint throughout, and much more. Located in Downs on the Severn, a sought-after waterfront and water privileged neighborhood, plentiful in amenities including 2 deep water marinas, clubhouse, tennis/pickleball courts and community pool. Welcome Home!
Last Agent to Sell the Property
TTR Sotheby's International Realty Listed on: 03/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,032
Year Built
- Built in 1980 | Remodeled in 2025
Lot Details
- 1.47 Acre Lot
- Home fronts navigable water
- Creek or Stream
- Landscaped
- Extensive Hardscape
- Private Lot
- Premium Lot
- Partially Wooded Lot
- Property is in very good condition
- Property is zoned R1
HOA Fees
- $117 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- 4 Driveway Spaces
- Oversized Parking
- Side Facing Garage
- Garage Door Opener
Property Views
- Marina
- Scenic Vista
- Woods
- Creek or Stream
Home Design
- Midcentury Modern Architecture
- Contemporary Architecture
- Brick Exterior Construction
- Architectural Shingle Roof
Interior Spaces
- 3,282 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Beamed Ceilings
- Wood Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- 2 Fireplaces
- Brick Fireplace
- Awning
- Family Room Off Kitchen
- Dining Area
- Fire and Smoke Detector
Kitchen
- Eat-In Gourmet Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Down Draft Cooktop
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Upgraded Countertops
- Wine Rack
Flooring
- Wood
- Carpet
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Laundry on lower level
- Dryer
- Washer
Accessible Home Design
- Entry Slope Less Than 1 Foot
Outdoor Features
- Canoe or Kayak Water Access
- Personal Watercraft
- Waterski or Wakeboard
- Sail
- Powered Boats Permitted
- Lake Privileges
- Deck
- Patio
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Vented Exhaust Fan
- Programmable Thermostat
- Water Treatment System
- Well
- Electric Water Heater
- Water Conditioner is Owned
- On Site Septic
- Septic Tank
Listing and Financial Details
- Tax Lot 121
- Assessor Parcel Number 020221990020583
Community Details
Overview
- Association fees include common area maintenance, management, pier/dock maintenance, pool(s), reserve funds
- The Downs Property Owners Association
- Downs On The Severn Subdivision, Severn View Retreat Floorplan
Amenities
- Picnic Area
- Common Area
Recreation
- Pier or Dock
- 1 Community Docks
- Marina
- Tennis Courts
- Community Pool
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2025
Closed on
Apr 1, 2025
Sold by
Bonnard J Teegarden Living Trust and Kathleen N Teegarden Living Trust
Bought by
Shahoulian David and Parkhurst Marcie E
Seller's Agent
Brad Kappel
TTR Sotheby's International Realty
Buyer's Agent
Alex Clark
TTR Sotheby's International Realty
List Price
$1,495,000
Sold Price
$1,605,000
Premium/Discount to List
$110,000
7.36%
Views
68
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
-$9,803
Avg. Annual Appreciation
0.69%
Original Mortgage
$350,000
Outstanding Balance
$345,166
Interest Rate
6.04%
Mortgage Type
New Conventional
Estimated Equity
$1,264,369
Purchase Details
Closed on
Jul 1, 2021
Sold by
Teegarden Kathleen Nadeau and Teegarden Bonnard J
Bought by
Teegarden Kathleen N and Teegarden Bonnard J
Purchase Details
Closed on
Nov 1, 2005
Sold by
Becker Margaret C
Bought by
Teegarden Bonnard J and Teegarden Kathleen Nadeau
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,450
Interest Rate
5.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 7, 2001
Sold by
Becker Margaret C
Bought by
Becker Margaret C
Purchase Details
Closed on
Oct 31, 2000
Sold by
Becker Bruce C
Bought by
Becker Margaret C
Purchase Details
Closed on
Apr 7, 2000
Sold by
Townsend Jessica S
Bought by
Becker Bruce C and Becker Margaret C
Purchase Details
Closed on
Apr 19, 1999
Sold by
Townsend Douglas W
Bought by
Townsend Jessica S
Similar Homes in Annapolis, MD
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,605,000 | Eagle Title | |
| Deed | $1,605,000 | Eagle Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Deed | $965,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $510,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,000 | New Conventional | |
| Closed | $350,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $320,000 | Stand Alone Second | |
| Previous Owner | $407,292 | Stand Alone Second | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $417,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $350,000 | Credit Line Revolving | |
| Previous Owner | $413,450 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | Sold | $1,605,000 | +7.4% | $489 / Sq Ft |
| 03/12/2025 03/12/25 | Pending | -- | -- | -- |
| 03/10/2025 03/10/25 | For Sale | $1,495,000 | -- | $456 / 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 | $9,957 | $911,200 | $516,900 | $394,300 |
| 2024 | $9,957 | $881,500 | $0 | $0 |
| 2023 | $9,705 | $851,800 | $0 | $0 |
| 2022 | $9,081 | $822,100 | $528,900 | $293,200 |
| 2021 | $8,792 | $809,933 | $0 | $0 |
| 2020 | $8,792 | $797,767 | $0 | $0 |
| 2019 | $8,672 | $785,600 | $486,900 | $298,700 |
| 2018 | $7,858 | $774,933 | $0 | $0 |
| 2017 | $8,231 | $764,267 | $0 | $0 |
| 2016 | -- | $753,600 | $0 | $0 |
| 2015 | -- | $753,600 | $0 | $0 |
| 2014 | -- | $753,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Kappel
Seller's Agent in 2025
Brad Kappel
TTR Sotheby's International Realty
(410) 279-9476
22 in this area
397 Total Sales
-
Alex Clark
Buyer's Agent in 2025
Alex Clark
TTR Sotheby's International Realty
(443) 924-7231
3 in this area
38 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2101602
APN: 02-219-90020583
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