NOT LISTED FOR SALE

1489 Bridgewater Way Annapolis, MD 21401

Estimated Value: $2,999,000 - $3,546,000

5 Beds
4 Baths
6,287 Sq Ft
$534/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $3,000,000 $477 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $20,512/month

73 Days on Market

Highlights

  • 427 Feet of Waterfront
  • 4 Dock Slips
  • Pier or Dock
  • Marina
  • Pier
  • Fishing Allowed

About This Home

As of November 2021

Incredible opportunity to own a spectacular waterfront property in "The Downs" overlooking the Severn River with a deep-water pier on protected Clements Creek with stunning water views from literally EVERY room! This exquisite 1+ acre point of land with 427’ of water frontage offers the perfect setting to enjoy panoramic views across Clements Creek and out to the Severn River. This well-equipped, beautifully curated home invites tranquil living while effortlessly accommodating indoor-outdoor entertaining. This home offers over 6,000+ sq ft of living space and over 1000+ sqft of exterior deck space on 3 finished levels with 5 bedrooms, 4 full baths (including an entry level bedroom with ensuite bath) and plenty of spacious rooms to accommodate everyone. From the breathtaking 2-story great room with floor to ceiling windows, the cozy sun-filled den and stylish custom-built library and additional lower level Family room; to the newly remodeled gourmet Kitchen that is sure to delight and inspire the chef of the house; this move-in ready home is just waiting to host extravagant gatherings of family and friends or provide quiet moments to relax on the wrap-around waterside deck while enjoying the mariner activity and the endless views/sunsets. As the evening winds down the Owner’s suite with captivating Severn views, soaring ceilings, balconies and spa-like ultra-luxury bath provides a private, tranquil setting to refresh for the following day of enjoying the waterfront lifestyle! The Downs on the Severn community has 2 marinas with canoe & kayak racks plus a picnic area, a clubhouse, community pool, playground and tennis courts. Come explore the beauty of the Severn River. Sailboater Alert! The deep-water dock with 8ft water depth is equipped with 2 boat lifts (8,000lb and 20,000lb), shore power, sun deck and a massive 18'x50' boat slip, perfect for the boating enthusiast plus this Severn River setting provides quick access by boat to the Annapolis Harbor and the Chesapeake Bay. Conveniently located to cruise Downtown Annapolis, head over the Bay Bridge to the Eastern shore or jump on Rt. 50 to get back to Washington, DC. Bring all the kids, your extended family and friends. This is the one that you have been waiting for! Don't let this opportunity slip away!

Last Agent to Sell the Property

Brad Kappel

TTR Sotheby's International Realty Listed on: 07/21/2021

TTR Sotheby's International Realty

Last Buyer's Agent

Brad Kappel

TTR Sotheby's International Realty Listed on: 07/21/2021

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,919

Year Built

  • Built in 1984 | Remodeled in 2016

Lot Details

  • 1.22 Acre Lot
  • 427 Feet of Waterfront
  • Home fronts navigable water
  • Landscaped
  • Extensive Hardscape
  • Premium Lot
  • Property is in excellent condition
  • Property is zoned R1

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • River
  • Scenic Vista

Home Design

  • Transitional Architecture
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 3 Fireplaces
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • French Doors
  • Insulated Doors
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Cooktop
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Basement Windows

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Air Cleaner

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 4 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Stream or River on Lot
  • Powered Boats Permitted
  • Lake Privileges
  • Multiple Balconies
  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Tax Lot 129R
  • Assessor Parcel Number 020221990027088

Community Details

Overview

  • Association fees include common area maintenance, pier/dock maintenance
  • Downs Property Owner's Association
  • The Downs Subdivision, Stunning Waterfront Property Floorplan

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,919

Year Built

Built in 1984 | Remodeled in 2016

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-07-27
  • Federal Flood Zone: No
  • Year Built: 1984
  • Year Renovated: 2016
  • Automatically Close On Close Date: No
  • Remarks Public: Incredible opportunity to own a spectacular waterfront property in "The Downs" overlooking the Severn River with a deep-water pier on protected Clements Creek with stunning water views from literally EVERY room! This exquisite 1+ acre point of land with 427’ of water frontage offers the perfect setting to enjoy panoramic views across Clements Creek and out to the Severn River. This well-equipped, beautifully curated home invites tranquil living while effortlessly accommodating indoor-outdoor entertaining. This home offers over 6,000+ sq ft of living space and over 1000+ sqft of exterior deck space on 3 finished levels with 5 bedrooms, 4 full baths (including an entry level bedroom with ensuite bath) and plenty of spacious rooms to accommodate everyone. From the breathtaking 2-story great room with floor to ceiling windows, the cozy sun-filled den and stylish custom-built library and additional lower level Family room; to the newly remodeled gourmet Kitchen that is sure to delight and inspire the chef of the house; this move-in ready home is just waiting to host extravagant gatherings of family and friends or provide quiet moments to relax on the wrap-around waterside deck while enjoying the mariner activity and the endless views/sunsets. As the evening winds down the Owner’s suite with captivating Severn views, soaring ceilings, balconies and spa-like ultra-luxury bath provides a private, tranquil setting to refresh for the following day of enjoying the waterfront lifestyle! The Downs on the Severn community has 2 marinas with canoe & kayak racks plus a picnic area, a clubhouse, community pool, playground and tennis courts. Come explore the beauty of the Severn River. Sailboater Alert! The deep-water dock with 8ft water depth is equipped with 2 boat lifts (8,000lb and 20,000lb), shore power, sun deck and a massive 18'x50' boat slip, perfect for the boating enthusiast plus this Severn River setting provides quick access by boat to the Annapolis Harbor and the Chesapeake Bay. Conveniently located to cruise Downtown Annapolis, head over the Bay Bridge to the Eastern shore or jump on Rt. 50 to get back to Washington, DC. Bring all the kids, your extended family and friends. This is the one that you have been waiting for! Don't let this opportunity slip away!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Oven - Double, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Central Vacuum, Air Cleaner, Extra Refrigerator/Freezer
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Breakfast Area, Built-Ins, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Double Pane, Insulated, Screens, Skylights
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: French, Insulated
  • Wall Ceiling Types: 9'+ Ceilings, 2 Story Ceilings, Cathedral Ceilings, Vaulted Ceilings
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Walkout Level, Windows
  • Total Sq Ft: 6712
  • Living Area Sq Ft: 6287
  • Price Per Sq Ft: 628.58
  • Above Grade Finished Sq Ft: 4709
  • Below Grade Finished Sq Ft: 1578
  • Below Grade Sq Ft: 425
  • Total Below Grade Sq Ft: 2003
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1489

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting
  • Roof: Asphalt
  • View: River, Scenic Vista, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Severn River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 427

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector
  • Sewer/Septic System: On Site Septic
  • Water Source: Well
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • HOA Fees: 700.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Marina/Marina Club, Pier/Dock, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance
  • HOA Name: DOWNS PROPERTY OWNER'S ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 886000.00
  • Land Assessed Value: 811500.00
  • Land Use Code: 011
  • Lot Features: Landscaping, Premium, Stream/Creek
  • Lot Size Acres: 1.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 52993.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15178732
  • Tax Annual Amount: 18919.00
  • Assessor Parcel Number: 020221990027088
  • Tax Lot: 129R
  • Tax Total Finished Sq Ft: 6487
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/12/2021

Multi Family

  • Mean Low Water Feet: 8
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Nov 12, 2021
Sold by
Cole Keith N and Lowham Deborah
Bought by
Plumer Mark Jay and Plumer Nancy Lyn
Seller's Agent
Brad Kappel
TTR Sotheby's International Realty
Buyer's Agent
Brad Kappel
TTR Sotheby's International Realty
List Price
$2,960,000
Sold Price
$3,000,000
Premium/Discount to List
$40,000
1.35%
Current Estimated Value
$3,356,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,263
Avg. Annual Appreciation
3.00%
Original Mortgage
$1,650,000
Outstanding Balance
$1,516,344
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,839,919

Purchase Details

Listed on
Mar 15, 2014
Closed on
May 12, 2014
Sold by
Fisher Laurie Mcculloch and Feldman Jerome I
Bought by
Cole Keith N and Lowham Deborah
Seller's Agent
Mary Kay Gordon
Coldwell Banker Realty
Buyer's Agent
Kim Speed
TTR Sotheby's International Realty
List Price
$2,790,000
Sold Price
$2,710,000
Premium/Discount to List
-$80,000
-2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%
Original Mortgage
$500,000
Interest Rate
4.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 16, 2004
Sold by
Fritz Jennifer C
Bought by
Fisher David W and Fisher Laurie M

Purchase Details

Closed on
Jun 28, 2004
Sold by
Fritz Jennifer C
Bought by
Fisher David W and Fisher Laurie M

Purchase Details

Closed on
Dec 5, 2003
Sold by
Fritz Jennifer C
Bought by
Fritz Jennifer C and Maitland James Raisebeck

Purchase Details

Closed on
Mar 15, 2002
Sold by
Lawson William C
Bought by
Fritz Jennifer C

Purchase Details

Closed on
Jan 28, 2000
Sold by
Anderson Yvonne E
Bought by
Anderson William R and Anderson Lisa A

Purchase Details

Closed on
Jul 2, 1998
Sold by
Anderson Yvonne E
Bought by
Anderson Yvonne E and Anderson William R
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
Plumer Mark Jay $3,000,000 Eagle Title Llc
Cole Keith N $2,710,000 Mid Maryland Title Co Inc
Fisher David W $3,160,000 --
Fisher David W $3,160,000 --
Fritz Jennifer C -- --
Fritz Jennifer C $2,500,000 --
Anderson William R $900,000 --
Anderson Yvonne E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plumer Mark Jay $1,650,000
Previous Owner Cole Keith N $1,500,000
Previous Owner Cole Keith N $500,000
Previous Owner Cole Keith N $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $3,000,000 +1.4% $477 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
09/30/2021 09/30/21 Price Changed $2,960,000 0.0% $471 / Sq Ft
09/30/2021 09/30/21 For Sale $2,960,000 -1.2% $471 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $2,995,000 +10.5% $476 / Sq Ft
05/12/2014 05/12/14 Sold $2,710,000 -2.9% $576 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
03/15/2014 03/15/14 For Sale $2,790,000 -- $593 / 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 $26,427 $2,634,200 $1,347,000 $1,287,200
2024 $26,427 $2,362,100 $0 $0
2023 $23,357 $2,090,000 $0 $0
2022 $19,487 $1,817,900 $869,500 $948,400
2021 $37,918 $1,777,767 $0 $0
2020 $18,565 $1,737,633 $0 $0
2019 $35,920 $1,697,500 $811,500 $886,000
2018 $17,192 $1,695,467 $0 $0
2017 $17,814 $1,693,433 $0 $0
2016 -- $1,691,400 $0 $0
2015 -- $1,691,400 $0 $0
2014 -- $1,691,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2003360

Bright MLS

APN: 02-219-90027088