NOT LISTED FOR SALE

Estimated Value: $1,156,000 - $1,164,603

-- Bed
-- Bath
4,176 Sq Ft
$278/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $856,200 $205 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,241/month

273 Days on Market

Highlights

  • 1 Boat Dock
  • Water Access
  • City View
  • Home fronts navigable water
  • Second Kitchen
  • 1-minute walk to Acton's Cove Waterfront Park

About This Home

As of September 2020

Annapolis, MD. Historic. Walkable. The heart of everything. This is 26 South Street. This incredible three-unit property is more than just an exceptional residence with charm, character, and prestige; it is an unbelievable investment opportunity that does not come about in Annapolis often. The lower unit is a stunning two-bedroom, one and a half bathroom (potential three-bedroom) unit with full kitchen and laundry as well as multiple, open floor plan gathering spaces. This unit has been utilized as a rental, and the new owners may decide to continue to do so; however, it would also make for a spectacular primary residence. Upstairs you will be shocked to see not one, but two, fully-functional one bedroom, apartment units. Both have a full kitchen, bath and laundry, and large family room. Each unit is coded for private entry, has had upgrades throughout, and can be fully functional rentals. The opportunity is unlike any seen in Downtown Annapolis in some time. Welcome Home. Welcome Investment. Welcome to Annapolis.

Last Agent to Sell the Property

Phil Gerdes

Real Broker, LLC - Annapolis License #0225261065 Listed on: 11/01/2019

Real Broker, LLC - Annapolis

Last Buyer's Agent

Dave Luptak

Long & Foster Real Estate, Inc. License #638175

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,734

Year Renovated

  • 2018

Lot Details

  • 1,265 Sq Ft Lot
  • Home fronts navigable water
  • Downtown Location
  • Historic Home
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • Main Floor Bedroom
  • 4,176 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Window Treatments
  • City Views

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook

Flooring

  • Wood
  • Carpet

Outdoor Features

  • Water Access
  • River Nearby
  • 1 Boat Dock
  • Dock Against Bulkhead

Schools

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

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 020600000352800

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 2-Story Building
  • Historic District Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,734

Year Renovated

2018

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Historic: Yes
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2019-11-01
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: Annapolis, MD. Historic. Walkable. The heart of everything. This is 26 South Street. This incredible three-unit property is more than just an exceptional residence with charm, character, and prestige; it is an unbelievable investment opportunity that does not come about in Annapolis often. The lower unit is a stunning two-bedroom, one and a half bathroom (potential three-bedroom) unit with full kitchen and laundry as well as multiple, open floor plan gathering spaces. This unit has been utilized as a rental, and the new owners may decide to continue to do so; however, it would also make for a spectacular primary residence. Upstairs you will be shocked to see not one, but two, fully-functional one bedroom, apartment units. Both have a full kitchen, bath and laundry, and large family room. Each unit is coded for private entry, has had upgrades throughout, and can be fully functional rentals. The opportunity is unlike any seen in Downtown Annapolis in some time. Welcome Home. Welcome Investment. Welcome to Annapolis.
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: 2nd Kitchen, Breakfast Area, Built-Ins, Carpet, Entry Level Bedroom, Exposed Beams, Floor Plan - Open, Wood Floors, Window Treatments
  • Fireplace: No
  • Room Count: 18
  • Basement: No
  • Total Sq Ft: 4176
  • Living Area Sq Ft: 4176
  • Price Per Sq Ft: 235.87
  • Above Grade Finished Sq Ft: 4176
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 26

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Block
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Paved
  • Roof: Flat
  • Spa: No
  • View: City
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • 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: 439600.00
  • Land Assessed Value: 265600.00
  • Land Use Code: 003
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1265.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: P
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Long Term
  • Units Furnished: All
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15312853
  • Tax Annual Amount: 9734.00
  • Assessor Parcel Number: 020600000352800
  • Tax Total Finished Sq Ft: 4176
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/15/2020

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Sep 14, 2020
Sold by
Flf Llc
Bought by
Loehr Lacey Jane and Loehr Alexander Yale
Seller's Agent
Phil Gerdes
Real Broker, LLC - Annapolis
Buyer's Agent
Dave Luptak
Long & Foster Real Estate, Inc.
List Price
$985,000
Sold Price
$856,200
Premium/Discount to List
-$128,800
-13.08%
Current Estimated Value
$1,160,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,595
Avg. Annual Appreciation
6.04%
Original Mortgage
$684,960
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2008
Sold by
Barrett Reginald W
Bought by
Flf Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$848,041
Interest Rate
5.91%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 16, 2008
Sold by
Barrett Reginald W
Bought by
Flf Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$848,041
Interest Rate
5.91%
Mortgage Type
Credit Line Revolving
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
Loehr Lacey Jane $856,200 Sage Title Group Llc
Flf Llc $815,000 --
Flf Llc $815,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loehr Lacey Jane $684,960
Previous Owner Flf Llc $655,000
Previous Owner Flf Llc $848,041
Previous Owner Flf Llc $848,041
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $856,200 -13.1% $205 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
11/01/2019 11/01/19 For Sale $985,000 -- $236 / 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 $10,634 $740,000 $0 $0
2023 $10,456 $728,100 $413,100 $315,000
2022 $10,151 $720,467 $0 $0
2021 $20,088 $712,833 $0 $0
2020 $9,943 $705,200 $265,600 $439,600
2019 $19,154 $689,933 $0 $0
2018 $9,385 $674,667 $0 $0
2017 $8,632 $659,400 $0 $0
2016 -- $659,400 $0 $0
2015 -- $659,400 $0 $0
2014 -- $691,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA417870

Bright MLS

APN: 06-000-00352800