NOT LISTED FOR SALE

2002 Phillips Terrace Unit 2 Annapolis, MD 21401

Parole Neighborhood

Estimated Value: $335,000 - $354,000

2 Beds
2 Baths
1,125 Sq Ft
$239/mo HOA Fee

Last Sold April 09, 2020

Last sale price $249,000 $221 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,259/month

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Jogging Path
  • West Annapolis Elementary School Rated A-
  • Upgraded Countertops
  • Porch

About This Home

As of April 2020

Move right in to your fully renovated, ground level apartment minutes from downtown Annapolis and centrally located to the interstate for easy commute. From floor to ceiling, the bathrooms, kitchen, and bedrooms are all renovated for under $250,000!!! This unit is an unique opportunity that won't last, whether you are looking to downsize or buy your first place, you will have zero "to-do" lists here move right in and enjoy everything Annapolis and this location has to offer.

Last Agent to Sell the Property

Scott Schuetter

(410) 900-7668 scott@scottschuetter.com Berkshire Hathaway HomeServices PenFed Realty License #617188 Listed on: 02/29/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 1996

Lot Details

  • 1,133

HOA Fees

  • $239 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,125 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Heatilator
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Window Treatments
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Handicap Parking
  • Public Parking
  • Free Parking
  • Parking Lot
  • Unassigned Parking

Accessible Home Design

  • Doors swing in
  • Doors are 32 inches wide or more
  • Entry Slope Less Than 1 Foot

Schools

  • West Annapolis Elementary School
  • Bates Middle School
  • Annapolis High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • Energy-Efficient Appliances
  • Porch
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 020296190087012
  • $50 Front Foot Fee per quarter

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, management, parking fee, reserve funds, road maintenance, snow removal
  • Low-Rise Condominium
  • Windgate Condo Subdivision

Recreation

  • Community Playground
  • Jogging Path

Additional Features

  • Common Area
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,594

Year Built

Built in 1996

Lot Details

0

HOA Fees

$239 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Entry Slope <1', 32"+ Wide Doors, Doors - Swing In
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-02-29
  • Year Built: 1996
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Intercom, Oven/Range - Gas, Refrigerator, Washer, Dryer, Built-In Microwave, Energy Efficient Appliances
  • Entry Floor: 1
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Combination Dining/Living, Entry Level Bedroom, Flat, Primary Bath(s), Window Treatments, Wood Floors, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace Features: Fireplace - Glass Doors, Heatilator, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1125
  • Living Area Sq Ft: 1125
  • Price Per Sq Ft: 221.33
  • Above Grade Finished Sq Ft: 1125
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Handicap Parking, Public, Unassigned
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 238.50
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Jog/Walk Path, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Management, Parking Fee, Reserve Funds, Road Maintenance, Snow Removal
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Quarterly

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: WEST ANNAPOLIS
  • High School: ANNAPOLIS
  • Middle Or Junior School: BATES

Lot Info

  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2594.00
  • Assessor Parcel Number: 020296190087012
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Front Foot Fee: 50.00

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2020
Closed on
Apr 9, 2020
Sold by
Collart Je Francois
Bought by
Duncan Maxwell Thomas
Seller's Agent
Scott Schuetter
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$249,000
Sold Price
$249,000
Current Estimated Value
$340,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,922
Avg. Annual Appreciation
5.81%
Original Mortgage
$189,000
Outstanding Balance
$166,792
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$174,130

Purchase Details

Closed on
May 2, 2006
Sold by
Aronhime Samuel S
Bought by
Collart Jean Francois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,600
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2006
Sold by
Aronhime Samuel S
Bought by
Collart Jean Francois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,600
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2004
Sold by
Gatbonton Justino S
Bought by
Aronhime Samuel S

Purchase Details

Closed on
Jun 25, 1996
Sold by
Pulte Home Corp
Bought by
Gatbonton Justino S
Source: Public Records

Range of Values:

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Average Value
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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
Duncan Maxwell Thomas $249,000 Liberty T&E Of Md Llc
Collart Jean Francois $294,500 --
Collart Jean Francois $294,500 --
Aronhime Samuel S $214,000 --
Gatbonton Justino S $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duncan Maxwell Thomas $189,000
Previous Owner Collart Jean Francois $235,600
Previous Owner Collart Jean Francois $235,600
Closed Gatbonton Justino S --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2020 04/09/20 Sold $249,000 0.0% $221 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
02/29/2020 02/29/20 For Sale $249,000 -- $221 / 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 $2,785 $264,300 $132,100 $132,200
2024 $2,785 $253,067 $0 $0
2023 $2,654 $241,833 $0 $0
2022 $2,422 $230,600 $115,300 $115,300
2021 $4,766 $226,833 $0 $0
2020 $2,346 $223,067 $0 $0
2019 $4,533 $219,300 $109,600 $109,700
2018 $2,205 $217,433 $0 $0
2017 $2,207 $215,567 $0 $0
2016 -- $213,700 $0 $0
2015 -- $213,700 $0 $0
2014 -- $213,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA426670

Bright MLS

APN: 02-961-90087012