NOT LISTED FOR SALE

Estimated Value: $507,000 - $669,278

-- Bed
6 Baths
2,632 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $500,000 $190 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,668/month

4 Days on Market

Highlights

  • Water Views
  • Stream or River on Lot
  • No HOA
  • Deck
  • Corner Lot
  • Porch

About This Home

As of July 2021

Downtown Annapolis Investment Opportunity! Multi Unit Building with 4 apartments---Three - 2 Bedroom and One 1 Bedroom Steps for the Shops and Restaurants of Downtown Annapolis and Navy Football Stadium. All units have view of College Creek. Enjoy the front porch or watch the water from your back deck. 3 Units Currently Rented with 4th Unit close to Being Rented. All Units Have Rented Easily and Stay Rented. Roof, Windows and Siding around 5 Years Old. Property is Sold As IS. Listing Agent to Accompany All Showings

Last Agent to Sell the Property

Mary Beth Paganelli

Long & Foster Real Estate, Inc. License #630262 Listed on: 05/25/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Tanya Salseth Lambreton

KW United License #SP200202096

KW United

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,086

Year Built

  • Built in 1920

Lot Details

  • 2,420 Sq Ft Lot
  • Corner Lot
  • Back and Side Yard
  • Property is in good condition

Parking

  • On-Street Parking

Property Views

  • Water
  • Woods

Home Design

  • 2,632 Sq Ft Home
  • Quadruplex
  • Asphalt Roof
  • Vinyl Siding

Unfinished Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Stream or River on Lot
  • Deck
  • Rain Gutters
  • Porch

Schools

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

Utilities

  • Electric Baseboard Heater
  • 60+ Gallon Tank

Community Details

  • No Home Owners Association
  • 4 Units
  • Annapolis Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020600004775400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,086

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: draperies-curtains-as is; exhaust fans-4, carpet- as is; refrigerators-4, screens-as is; shades/blinds-as is; stove or range-4
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Downtown Annapolis Investment Opportunity! Multi Unit Building with 4 apartments---Three - 2 Bedroom and One 1 Bedroom Steps for the Shops and Restaurants of Downtown Annapolis and Navy Football Stadium. All units have view of College Creek. Enjoy the front porch or watch the water from your back deck. 3 Units Currently Rented with 4th Unit close to Being Rented. All Units Have Rented Easily and Stay Rented. Roof, Windows and Siding around 5 Years Old. Property is Sold As IS. Listing Agent to Accompany All Showings
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished
  • Total Sq Ft: 2632
  • Living Area Sq Ft: 2632
  • Price Per Sq Ft: 188.07
  • Above Grade Finished Sq Ft: 2632
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 212

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Gutter System, Sidewalks
  • Roof: Asphalt
  • Spa: No
  • View: Water, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: ANNAPOLIS
  • Middle School: BATES
  • High School: ANNAPOLIS
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140671932
  • School District Source: 3rd Party
  • Elementary School: ANNAPOLIS
  • High School: ANNAPOLIS
  • Middle Or Junior School: BATES

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 194800.00
  • Land Assessed Value: 102400.00
  • Land Use Code: 011
  • Lot Features: Rear Yard, Sideyard(s), Stream/Creek
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2420.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 4
  • Total Actual Rent: 40580.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15315038
  • Tax Annual Amount: 3086.00
  • Assessor Parcel Number: 020600004775400
  • Tax Total Finished Sq Ft: 2632
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 07/30/2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jul 26, 2021
Sold by
College Creek View Apartments Llc
Bought by
Salseth Tanya and Salseth Lambreton Revocable Li
Seller's Agent
Mary Beth Paganelli
Long & Foster Real Estate, Inc.
Buyer's Agent
Tanya Salseth Lambreton
KW United
List Price
$495,000
Sold Price
$500,000
Premium/Discount to List
$5,000
1.01%
Current Estimated Value
$600,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,320
Avg. Annual Appreciation
3.44%
Original Mortgage
$375,000
Outstanding Balance
$344,183
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$229,240

Purchase Details

Closed on
Nov 15, 2011
Sold by
Catlin Charline W
Bought by
College Creek View Apartments Llc

Purchase Details

Closed on
Jan 22, 1998
Sold by
Clark Donald C
Bought by
Catlin Charline 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
Salseth Tanya $500,000 Pruitt Title Llc
College Creek View Apartments Llc -- None Available
Catlin Charline W $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salseth Tanya $375,000
Previous Owner Catlin Charline W $235,000
Previous Owner Catlin Charline W $210,000
Closed Catlin Charline W --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $500,000 +1.0% $190 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $495,000 -- $188 / 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 $4,769 $366,533 -- --
2024 $4,769 $331,867 $0 $0
2023 $4,268 $297,200 $102,400 $194,800
2022 $3,820 $271,100 $0 $0
2021 $0 $245,000 $0 $0
2020 $3,086 $218,900 $40,700 $178,200
2019 $3,065 $217,200 $0 $0
2018 $2,998 $215,500 $0 $0
2017 $2,799 $213,800 $0 $0
2016 -- $213,800 $0 $0
2015 -- $213,800 $0 $0
2014 -- $223,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA469600

Bright MLS

APN: 06-000-04775400