NOT LISTED FOR SALE

Estimated Value: $2,412,000 - $2,987,000

1 Acre
$2,636,020 Price per Acre
43,560 Sq Ft Lot

Last Sold March 12, 2012

Last sale price $240,000 $1,000 Per Sq Ft

Est. 848% increase in value since last sale

Current estimated payment $13,700/month

259 Days on Market

Highlights

  • 80 Feet of Waterfront
  • River View
  • 3 Powered Boats Permitted
  • Broadneck High School Rated A
  • No HOA

About This Lot

As of March 2012

JUST REDUCED! Annapolis waterfront lot on Mill Creek- beautiful 1 AC parcel zoned R2. Rural charm close to Bay & Severn River, Ego Alley, Naval Academy, Naval Golf Course; easy access to US 50, I 97 and MD 2.

Last Agent to Sell the Property

Brian Duncan

Tyler Duncan Realty Partners, Inc. Listed on: 06/16/2011

Last Buyer's Agent

Mary Saba

Keller Williams Select Realtors of Annapolis License #532720

Keller Williams Select Realtors of Annapolis

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,983

Lot Details

  • 1 Acre Lot
  • 80 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned R2

Property Views

  • River
  • Scenic Vista

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 020300006475000

Community Details

Overview

  • No Home Owners Association
  • Mulberry Hill Subdivision

Recreation

  • Water Access
  • 3 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$3,983

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Remarks Public: JUST REDUCED! Annapolis waterfront lot on Mill Creek- beautiful 1 AC parcel zoned R2. Rural charm close to Bay & Severn River, Ego Alley, Naval Academy, Naval Golf Course; easy access to US 50, I 97 and MD 2.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 7.58
  • Street Number Modifier: 2188

Exterior Features

  • View: Water, River, Scenic Vista
  • Water Access: Yes
  • Water Body Name: MILL CREEK
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 80

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 3800.00
  • Lot Size Acres: 1.00
  • Lot Size Area: 43560
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Possible Use: Residential
  • Year Assessed: 2011
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15196646
  • Tax Annual Amount: 3983.10
  • Assessor Parcel Number: 020300006475000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 03/12/2012

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2011
Closed on
Mar 12, 2012
Sold by
Presidential Bank Fsb
Bought by
Saba Patrick S
Seller's Agent
Brian Duncan
Tyler Duncan Realty Partners, Inc.
Buyer's Agent
Mary Saba
Keller Williams Select Realtors of Annapolis
List Price
$499,950
Sold Price
$240,000
Premium/Discount to List
-$259,950
-52%
Current Estimated Value
$2,274,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,034,526
Avg. Annual Appreciation
18.25%

Purchase Details

Closed on
Jun 28, 2011
Sold by
Stansbury Wanda
Bought by
Prudential Bank Fsb

Purchase Details

Closed on
May 31, 2011
Sold by
Stansbury Wanda Regina and Standsbury Wanda R
Bought by
Presidential Bank Fsb

Purchase Details

Closed on
Nov 3, 2006
Sold by
Cook Henry
Bought by
Standsbury Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,750
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2006
Sold by
Cook Henry
Bought by
Standsbury Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,750
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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
Saba Patrick S $240,000 Fenton Title Company
Prudential Bank Fsb $501,221 --
Presidential Bank Fsb $501,221 None Available
Prudential Bank Fsb $501,221 --
Standsbury Wanda $595,000 --
Standsbury Wanda $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Standsbury Wanda $505,750
Previous Owner Standsbury Wanda $505,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2012 03/12/12 Sold $240,000 -52.0% $1,000 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
06/16/2011 06/16/11 For Sale $499,950 -- $2,083 / 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 $14,964 $1,360,900 $553,000 $807,900
2023 $14,563 $1,290,267 $0 $0
2022 $12,834 $1,219,633 $0 $0
2021 $13,385 $1,280,900 $345,000 $935,900
2020 $3,645 $348,500 $345,000 $3,500
2019 $9,196 $348,500 $345,000 $3,500
2018 $50 $367,800 $365,000 $2,800
2017 $3,748 $367,800 $0 $0
2016 $50 $367,800 $0 $0
2015 $50 $368,300 $0 $0
2014 -- $368,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004477664

Bright MLS

APN: 03-000-06475000