NOT LISTED FOR SALE

1489 Downham Market Annapolis, MD 21401

Estimated Value: $1,662,000 - $2,292,000

5 Beds
4.5 Baths
5,301 Sq Ft
$365/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $1,295,000 $244 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $11,241/month

Highlights

  • Marina
  • Boat Dock
  • Water Access
  • Water Views
  • Home fronts navigable water
  • Eat-In Gourmet Kitchen

About This Home

As of March 2020

Welcome to this remarkable 5300 SF home is sited directly on the sparkling Severn River and Clements Creek. According to the neighbors, this home has some of the BEST VIEWS in The Downs! Nestled off a private driveway, sited amongst nature for the most peaceful and welcoming experience for you and your friends and family. This lovely home has been meticulously maintained, thoughtfully updated, and is ready for you to move right in. The bright and welcoming foyer enters you directly into an expansive Great Room with a wall of windows, vaulted ceilings, and centerpiece wood-burning fireplace - literally perfect for entertaining! Along this room is a deck that extends along the entire side of the home that has incredible views of the water, accessible via many French doors. The open floor plan of this main level continues with a combined kitchen-living room, featuring a dining area, another fireplace, and a large screened-in porch plus a half bath in the hall. The Upper Level bedroom suite features a Master Bedroom with water views, en-suite bath (tub & shower, dual vanity), walk-in shower, and it's own private screened-in porch. Also on the UL is another large bedroom suite with it's own en-suite bathroom. The Lower Level features another Master Bedroom (en-suite with tub, shower and dual vanity), two additional bedrooms, a full bath, a large laundry room and a cedar closet. Also featured on the LL is a private deck facing the water, accessible via the master bed, master bath, and one of the bedrooms. Notable features of the home include: 2-car garage, built-in Sonos speakers (perfect for entertaining!), skylights, 4 fireplaces, 2 screened-in porches, and a large butler's pantry off the kitchen.

Last Agent to Sell the Property

Brittanie DeChino

(202) 802-0158 bdechino@ttrsir.com TTR Sotheby's International Realty License #SP98378319 Listed on: 02/20/2020

TTR Sotheby's International Realty

Co-Listed By

Shane Hall

(410) 991-1382 shane.hall@compass.com Compass License #649545

Last Buyer's Agent

Michael Hamby

(443) 226-4901 MHambyRealtor@yahoo.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,048

Year Built

  • Built in 1983

Lot Details

  • 1 Acre Lot
  • Home fronts navigable water
  • Property is zoned R1

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 5,301 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Recessed Lighting
  • 4 Fireplaces
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Double Pane Windows
  • Window Treatments
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Dining Room
  • Wood Flooring
  • Water Views

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • River Nearby
  • Stream or River on Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 119
  • Assessor Parcel Number 020221990020581

Community Details

Overview

  • Built by GRECO
  • The Downs Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Marina
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,048

Year Built

Built in 1983

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-02-20
  • Federal Flood Zone: No
  • Year Built: 1983
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Refrigerator, Microwave, Icemaker, Exhaust Fan, Dishwasher, Washer, Dryer, Water Conditioner - Owned, Water Heater
  • Interior Amenities: Butlers Pantry, Kitchen - Gourmet, Breakfast Area, Combination Kitchen/Dining, Combination Kitchen/Living, Combination Dining/Living, Kitchen - Eat-In, Primary Bath(s), Built-Ins, Upgraded Countertops, Window Treatments, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Vaulted Ceilings, High
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Great Room, Laundry
  • Basement: No
  • Total Sq Ft: 5301
  • Living Area Sq Ft: 5301
  • Price Per Sq Ft: 244.29
  • Above Grade Finished Sq Ft: 5301
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 3
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 2.00
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Roof: Shingle
  • View: Water
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Private, Paved Driveway
  • Garage Features: Additional Storage Area, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 720.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Club House, Swimming Pool, Tennis Courts, Pool - Outdoor, Marina/Marina Club
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 449400.00
  • Land Assessed Value: 481900.00
  • Lot Size Acres: 1.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43668.00
  • Zoning: R1
  • In City Limits: No

Building Info

  • Builder Name: GRECO

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15178684
  • Tax Annual Amount: 10048.00
  • Assessor Parcel Number: 020221990020581
  • Tax Lot: 119
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Mar 20, 2020
Sold by
Barbara K Barlow Revocable Trust
Bought by
Mears Johnie C and Mcdonoughmears Joann C
Seller's Agent
Brittanie DeChino
TTR Sotheby's International Realty
Buyer's Agent
Michael Hamby
Long & Foster Real Estate, Inc.
List Price
$1,295,000
Sold Price
$1,295,000
Current Estimated Value
$1,935,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$640,116
Avg. Annual Appreciation
7.42%
Original Mortgage
$1,036,000
Outstanding Balance
$914,009
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,021,107

Purchase Details

Closed on
May 14, 2013
Sold by
Barlow George
Bought by
Barlow Barbara K

Purchase Details

Closed on
May 1, 2008
Sold by
Jones Philip W
Bought by
Barlow George

Purchase Details

Closed on
Apr 30, 2008
Sold by
Jones Philip W
Bought by
Barlow George

Purchase Details

Closed on
Aug 17, 1998
Sold by
Mcnish John E
Bought by
Jones Philip W
Source: Public Records

Range of Values:

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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
Mears Johnie C $1,295,000 Sage Title Group Llc
Barlow Barbara K -- None Available
Barlow George $1,700,000 --
Barlow George $1,700,000 --
Jones Philip W $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mears Johnie C $1,036,000
Closed Jones Philip W --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $1,295,000 0.0% $244 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $1,295,000 -- $244 / 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 $12,026 $1,219,200 $511,900 $707,300
2024 $12,026 $1,148,433 $0 $0
2023 $11,688 $1,077,667 $0 $0
2022 $10,903 $1,006,900 $523,900 $483,000
2021 $21,385 $981,700 $0 $0
2020 $10,452 $956,500 $0 $0
2019 $10,198 $931,300 $481,900 $449,400
2018 $9,443 $931,300 $481,900 $449,400
2017 $11,202 $931,300 $0 $0
2016 -- $1,047,600 $0 $0
2015 -- $1,046,833 $0 $0
2014 -- $1,046,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA425442

Bright MLS

APN: 02-219-90020581