NOT LISTED FOR SALE

15 President Point Dr Unit C Annapolis, MD 21403

Eastport Neighborhood

Estimated Value: $902,000 - $1,277,892

3 Beds
2 Baths
1,549 Sq Ft
$700/mo HOA Fee

Last Sold August 22, 2018

Last sale price $670,000 $433 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,690/month

4 Days on Market

Highlights

  • 5 Dock Slips
  • Pier
  • Clubhouse
  • Water Views
  • Home fronts navigable water
  • Deck

About This Home

As of August 2018

Waterfront views of Spa Creek and the Annapolis skyline! Spacious, private waterfront deck. Large kitchen with cherry cabinets opens to DR. Living room with fireplace and glass shelved room divide. Recessed lighting, neutral carpet, generous master suite & 2 add'l Bedrooms. Community pool, dock, tennis,kayak rack & ramp. Unit needed new kitchen and all new baths.

Last Agent to Sell the Property

Georgie Berkinshaw

Coldwell Banker Realty License #89112 Listed on: 06/21/2018

Coldwell Banker Realty

Last Buyer's Agent

Gary Schneider

Long & Foster Real Estate, Inc. License #611843

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,298

Year Built

  • Built in 1975

Lot Details

  • Home fronts navigable water
  • Creek or Stream

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 1,549 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Water Views

Kitchen

  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Available By Lease
  • Rip-Rap
  • 5 Dock Slips
  • Physical Dock Slip Conveys
  • Deck

Location

  • Property is near a creek

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020669090000895

Community Details

Overview

  • Association fees include reserve funds, lawn maintenance, management, insurance, pool(s), trash
  • Low-Rise Condominium
  • The Point Condo Subdivision, Spa Creek Views! Floorplan
  • Management Community
  • The community has rules related to covenants

Amenities

  • Common Area
  • Clubhouse
  • Meeting Room
  • Party Room
  • Community Storage Space

Recreation

  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Community Pool
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,298

Year Built

Built in 1975

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1975
  • Remarks Public: Waterfront views of Spa Creek and the Annapolis skyline! Spacious, private waterfront deck. Large kitchen with cherry cabinets opens to DR. Living room with fireplace and glass shelved room divide. Recessed lighting, neutral carpet, generous master suite & 2 add'l Bedrooms. Community pool, dock, tennis,kayak rack & ramp. Unit needed new kitchen and all new baths.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Washer, Dryer, Disposal, Cooktop, Refrigerator
  • Interior Amenities: Combination Kitchen/Dining, Dining Area, Primary Bath(s), Flat
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Terrace
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1549
  • Living Area Sq Ft: 1549
  • Price Per Sq Ft: 419.63
  • Above Grade Finished Sq Ft: 1549
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Dock Type: Pier (Perpendicular)
  • View: Water
  • Water Access Features: Boat - Powered, Private Access, Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: SPA CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 699.81
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Club House, Jog/Walk Path, Meeting Room, Party Room, Pier/Dock, Pool - Outdoor, Tennis Courts, Storage Bin
  • HOA Condo Co-Op Fee Includes: Reserve Funds, Lawn Maintenance, Management, Insurance, Pool(s), Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants
  • HOA: No
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 367900.00
  • Land Assessed Value: 367800.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2018
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15322990
  • Tax Annual Amount: 6298.00
  • Assessor Parcel Number: 020669090000895
  • Tax Total Finished Sq Ft: 1549
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/22/2018

Multi Family

  • Dock Slip Conveyance: Available By Lease
  • Mean Low Water Feet: 5
  • Waterfront Features: Rip-Rap, 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
Jun 21, 2018
Closed on
Aug 22, 2018
Sold by
Powell Russell C and Ashbery Ann C
Bought by
The Russell C Powell Ii Revocable Living and The Ann C Ashbery Revocable Living Trust
Seller's Agent
Georgie Berkinshaw
Coldwell Banker Realty
Buyer's Agent
Gary Schneider
Long & Foster Real Estate, Inc.
List Price
$650,000
Sold Price
$670,000
Premium/Discount to List
$20,000
3.08%
Current Estimated Value
$1,085,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,973
Avg. Annual Appreciation
8.33%
Original Mortgage
$402,000
Outstanding Balance
$306,970
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$850,060

Purchase Details

Listed on
Jun 21, 2018
Closed on
Aug 1, 2018
Sold by
Sills Richard P and Sutton Blake
Bought by
The Thomas H Wolf Family Trust
Seller's Agent
Georgie Berkinshaw
Coldwell Banker Realty
Buyer's Agent
Gary Schneider
Long & Foster Real Estate, Inc.
List Price
$650,000
Sold Price
$670,000
Premium/Discount to List
$20,000
3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Outstanding Balance
$306,970
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$850,060

Purchase Details

Closed on
Dec 21, 1993
Sold by
Briscoe P
Bought by
Wolf Thomas H
Source: Public Records

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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
The Russell C Powell Ii Revocable Living -- Mid Maryland Title Co Inc
Powell Ii Russell C $670,000 Mid Maryland Title Co Inc
The Thomas H Wolf Family Trust -- Mid Maryland Title Co Uinc
Wolf Thomas H $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Ii Russell C $402,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2018 08/22/18 Sold $670,000 +3.1% $433 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $650,000 -- $420 / 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 $11,284 $862,200 $0 $0
2023 $10,565 $735,700 $367,800 $367,900
2022 $10,342 $735,700 $367,800 $367,900
2021 $20,524 $735,700 $367,800 $367,900
2020 $10,190 $735,700 $367,800 $367,900
2019 $19,450 $689,233 $0 $0
2018 $8,941 $642,767 $0 $0
2017 $5,942 $596,300 $0 $0
2016 -- $552,433 $0 $0
2015 -- $508,567 $0 $0
2014 -- $464,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001916246

Bright MLS

APN: 06-690-90000895