NOT LISTED FOR SALE

1601 Waters Ridge Ct Annapolis, MD 21409

Estimated Value: $1,205,552 - $2,584,000

2.38 Acres
$695,331 Price per Acre
103,673 Sq Ft Lot

Last Sold April 25, 2014

Last sale price $300,000

Est. 452% increase in value since last sale

Current estimated payment $9,798/month

74 Days on Market

About This Lot

As of April 2014

2.38 acre corner lot on Winchester Road and Waters Ridge Ct. Lot backs up to Baltimore & Annapolis Trail. Plat attached to listing.

Last Agent to Sell the Property

Benjamin Mueller

Innovative Properties, Inc. Listed on: 12/13/2013

Co-Listed By

Richard Neville

Innovative Properties, Inc.

Last Buyer's Agent

Stealey Ashley

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,228

Lot Details

  • 2.38 Acre Lot
  • Property is zoned R1

Utilities

  • Septic Tank

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 020300090101606

Property Details

Property Type

Land

Est. Annual Taxes

$2,228

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 3.38

Utilities

  • Refuse: 298.00
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Lot Info

  • Land Assessed Value: 181700.00
  • Lot Size Acres: 2.38
  • Lot Size Area: 103673
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 103673.00
  • Possible Use: Residential
  • Year Assessed: 2013
  • Zoning: R1

Tax Info

  • Assessor Parcel Number: 15339783
  • Tax Annual Amount: 2227.65
  • Assessor Parcel Number: 020300090101606
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 3747

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2013
Closed on
Apr 25, 2014
Sold by
Waters Ridge L L Lc
Bought by
Powers William J and Powers Jennifer K
Seller's Agent
Benjamin Mueller
Innovative Properties, Inc.
Buyer's Agent
Stealey Ashley
Coldwell Banker Realty
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Current Estimated Value
$1,654,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,354,888
Avg. Annual Appreciation
16.08%
Original Mortgage
$473,000
Interest Rate
4.41%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 5, 2001
Sold by
Benchmark Realty Corp
Bought by
Waters Ridge Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Powers William J $300,000 Northco Title Corporation
Waters Ridge Llc $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers William J $440,900
Closed Powers William J $75,000
Closed Powers William J $440,900
Closed Powers William J $473,000
Previous Owner Waters Ridge Llc $750,000
Closed Waters Ridge Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2014 04/25/14 Sold $300,000 -14.3% --
02/25/2014 02/25/14 Pending -- -- --
12/13/2013 12/13/13 For Sale $350,000 -- --
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 $9,373 $909,500 -- --
2024 $9,373 $840,000 $406,700 $433,300
2023 $8,691 $840,000 $406,700 $433,300
2022 $8,605 $840,000 $406,700 $433,300
2021 $17,060 $899,400 $436,700 $462,700
2020 $8,313 $861,833 $0 $0
2019 $8,142 $824,267 $0 $0
2018 $7,977 $786,700 $391,700 $395,000
2017 $7,507 $749,467 $0 $0
2016 -- $712,233 $0 $0
2015 -- $813,500 $0 $0
2014 -- $181,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003784232

Bright MLS

APN: 03-000-90101606