$1,275,000
SOLD OCT 30, 2014

1486 Downham Market Annapolis, MD 21401

6 Beds
4.5 Baths
2,883 Sq Ft
1.86 Acres

Recently Sold

$442 Per Sq Ft

39% Below List Price

530 Days on Market

Highlights

  • Marina
  • 4 Dock Slips
  • Pier
  • Boat Ramp
  • Water Views
  • Home fronts navigable water

About This Home

As of October 2014

WATERFRONT W/EXPANSIVE VIEWS-ONE OF A KIND CONTEMPORARY-LOCATED ON A PREMIER 1.86 ACRE CUL-DE-SAC LOT IN "THE DOWNS"DEEP WATER PIER,GAZEBO,25OO SF OF DECKING OVERLOOKING PROTECTED CLEMENTS CREEK,6 BEDROOMS,4.5BATHS,2 FIREPLACES,HARDWOOD,UPDATED GOURMET KITCHEN W/SS APPLIANCES,GAS STOVE W/8 BURNERS,HOOD & 2 OVENS,GRANITE,BREAKFAST ROOM, 4800+ SF OF LIVING SPACE - AGENT"S HOME

Last Agent to Sell the Property

Janet Hunt

Long & Foster Real Estate, Inc. License #85292 Listed on: 03/29/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Janet Hunt

Long & Foster Real Estate, Inc. License #85292 Listed on: 03/29/2013

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,140

Year Built

  • Built in 1982

Lot Details

  • 1.86 Acre Lot
  • Home fronts navigable water
  • Private Beach
  • Cul-De-Sac
  • Private Lot
  • Premium Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Dual Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Cathedral Ceiling
  • 2 Fireplaces
  • Fireplace Mantel
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Library
  • Storage Room
  • Home Gym
  • Wood Flooring
  • Water Views
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Stove
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 4.5 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Front and Rear Basement Entry
  • Basement Windows

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Sail
  • Swimming Allowed
  • 4 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 3 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Lake Privileges
  • Balcony
  • Deck
  • Gazebo

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Dispenser
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 116
  • Assessor Parcel Number 020221990020578

Community Details

Overview

  • Association fees include insurance, pool(s), reserve funds

Amenities

  • Picnic Area
  • Common Area
  • Community Center
  • Meeting Room
  • Party Room

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Marina
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,140

Year Built

Built in 1982

Lot Details

0

HOA Fees

$54 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • 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: 1982
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Humidifier, Icemaker, Instant Hot Water, Microwave, Oven - Double, Oven - Self Cleaning, Oven/Range - Gas, Range Hood, Refrigerator, Stove, Washer, Water Conditioner - Owned, Water Dispenser
  • Interior Amenities: Breakfast Area, Kitchen - Gourmet, Kitchen - Island, Dining Area, Kitchen - Eat-In, Built-Ins, Upgraded Countertops, Chair Railings, Crown Moldings, Double/Dual Staircase, Whirlpool/Hottub, Master Bath(s), Window Treatments, Wainscotting, Wet/Dry Bar, Wood Floors, Floor Plan - Open
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings, Vaulted Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Library, Foyer, Breakfast Room, Study, Exercise Room, Laundry, Storage Room, Attic
  • Basement: Yes
  • Basement Type: Connecting Stairway, Front Entrance, Outside Entrance, Rear Entrance, Daylight, Full, Full, Fully Finished, Heated, Walkout Level, Windows
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Lower Level Bedroom: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Gazebo
  • Construction Materials: Cedar, Stone
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Exterior Features: Private Beach
  • Roof: Shingle
  • View: Water
  • Water Access Features: Swimming Allowed, Private Access, Boat - Powered, Fishing Allowed, Canoe/Kayak, Sail
  • Water Access: Yes
  • Water Body Name: CLENENTS CREEK/SEVERN RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway, Asphalt Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Zoned
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Humidifier, Zoned
  • Heating: Yes
  • Hot Water: Electric, Instant Hot Water
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 650.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Boat Dock/Slip, Common Grounds, Marina/Marina Club, Meeting Room, Party Room, Picnic Area, Pier/Dock, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges, Community Center
  • HOA Condo Co-Op Fee Includes: Insurance, Pool(s), Reserve Funds
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 486800.00
  • Land Assessed Value: 637800.00
  • Lot Features: Backs To Trees, Cul-De-Sac, Premium, Trees/Wooded, Private
  • Lot Size Acres: 1.86
  • Lot Size Area: 81221
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 81221.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15178681
  • Tax Annual Amount: 12140.04
  • Assessor Parcel Number: 020221990020578
  • Tax Lot: 116
  • Tax Total Finished Sq Ft: 3678
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 10/30/2014

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 8
  • Waterfront Features: Private Dock Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2013
Closed on
Oct 30, 2014
Sold by
Hunt Janet G and Hunt Joseph T
Bought by
Shealy Ben L
Seller's Agent
Janet Hunt
Long & Foster Real Estate, Inc.
Buyer's Agent
Janet Hunt
Long & Foster Real Estate, Inc.
List Price
$2,100,000
Sold Price
$1,275,000
Premium/Discount to List
-$825,000
-39.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%

Purchase Details

Closed on
Oct 24, 1986
Sold by
Anderson Yvonne E
Bought by
Hunt Joseph T and Hunt Janet G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
9.95%
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 Type Sale Price Title Company
Deed $1,275,000 Maryland First Title Ltd
Deed $575,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $965,000 Negative Amortization
Previous Owner $850,000 Adjustable Rate Mortgage/ARM
Previous Owner $400,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $3,250,000 +154.9% $618 / Sq Ft
10/30/2014 10/30/14 Sold $1,275,000 -7.6% $442 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
07/23/2014 07/23/14 Price Changed $1,380,000 -7.7% $479 / Sq Ft
03/27/2014 03/27/14 Price Changed $1,495,000 -0.3% $519 / Sq Ft
01/10/2014 01/10/14 Price Changed $1,500,000 -5.1% $520 / Sq Ft
10/28/2013 10/28/13 Price Changed $1,580,000 -4.2% $548 / Sq Ft
09/26/2013 09/26/13 Price Changed $1,650,000 -2.7% $572 / Sq Ft
09/22/2013 09/22/13 Price Changed $1,695,000 -1.7% $588 / Sq Ft
09/06/2013 09/06/13 Price Changed $1,725,000 -1.4% $598 / Sq Ft
06/28/2013 06/28/13 Price Changed $1,750,000 -5.4% $607 / Sq Ft
05/25/2013 05/25/13 Price Changed $1,850,000 -5.1% $642 / Sq Ft
05/12/2013 05/12/13 Price Changed $1,950,000 -7.1% $676 / Sq Ft
03/29/2013 03/29/13 For Sale $2,100,000 -- $728 / 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
2024 $16,026 $1,601,233 $0 $0
2023 $15,541 $1,468,967 $0 $0
2022 $14,459 $1,336,700 $720,800 $615,900
2021 $28,178 $1,301,333 $0 $0
2020 $13,689 $1,265,967 $0 $0
2019 $13,332 $1,230,600 $662,800 $567,800
2018 $12,478 $1,230,600 $662,800 $567,800
2017 $12,983 $1,230,600 $0 $0
2016 -- $1,299,600 $0 $0
2015 -- $1,241,267 $0 $0
2014 -- $1,182,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003420532

Bright MLS

APN: 02-219-90020578