NOT LISTED FOR SALE

2702 Summerview Way Unit U5304 Annapolis, MD 21401

Parole Neighborhood

Estimated Value: $403,000 - $477,000

3 Beds
3 Baths
1,934 Sq Ft
$354/mo HOA Fee

Last Sold April 23, 2015

Last sale price $279,500 $145 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,083/month

15 Days on Market

Highlights

  • 1 Boat Dock
  • Home fronts navigable water
  • Private Pool
  • Boat or Launch Ramp
  • Water Access
  • Open Floorplan

About This Home

As of April 2015

Sought after two story penthouse in Riva Trace. Almost 2000 sq. ft. on 2 levels. Great floor plan. 3 BR, 3 FB, Living room with vaulted ceiling, fireplace, and adjacent sunroom. Wood Burning Fire Place. Master suite walk-in closet, bath, & access to the deck. Upper level features a bedroom & full bath. Unit needs cosmetic work. Sold as is. All offers presented. Motivated seller.

Last Agent to Sell the Property

David Yee

Long & Foster Real Estate, Inc. Listed on: 03/07/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Gilbert Poudrier

TTR Sotheby's International Realty

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,950

Year Built

  • Built in 1989

Lot Details

  • Home fronts navigable water
  • Creek or Stream

HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,934 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Cathedral Ceiling
  • 1 Fireplace
  • Double Pane Windows
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Parking

  • Garage
  • Front Facing Garage
  • Driveway
  • On-Site Parking for Sale

Outdoor Features

  • Private Pool
  • Water Access
  • Boat or Launch Ramp
  • 1 Boat Dock

Schools

  • Annapolis High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • Property is near a creek

Listing and Financial Details

  • Assessor Parcel Number 020265590069307

Community Details

Overview

  • Moving Fees Required
  • Association fees include management, insurance, snow removal, road maintenance, reserve funds, exterior building maintenance
  • $295 Other Monthly Fees
  • Low-Rise Condominium
  • Riva Trace Community
  • Riva Trace Subdivision

Recreation

  • Community Basketball Court
  • Community Playground
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,950

Year Built

Built in 1989

Lot Details

0

HOA Fees

$354 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Condominium
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1989
  • Remarks Public: Sought after two story penthouse in Riva Trace. Almost 2000 sq. ft. on 2 levels. Great floor plan. 3 BR, 3 FB, Living room with vaulted ceiling, fireplace, and adjacent sunroom. Wood Burning Fire Place. Master suite walk-in closet, bath, & access to the deck. Upper level features a bedroom & full bath. Unit needs cosmetic work. Sold as is. All offers presented. Motivated seller.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Island, Floor Plan - Open
  • Window Features: Double Pane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, High, Cathedral Ceilings, 9'+ Ceilings, Vaulted Ceilings
  • Entry Location: Floors 2-5
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1934
  • Living Area Sq Ft: 1934
  • Price Per Sq Ft: 154.60
  • Above Grade Finished Sq Ft: 1934
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2702

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Combination
  • Pool Private: Yes
  • Water Access: Yes
  • Water Body Name: GINGER CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, On-Site - Sale
  • Garage Features: Garage - Front Entry
  • Type Of Parking: Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 355.00
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 295.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Jog/Walk Path, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Snow Removal, Road Maintenance, Reserve Funds, Ext Bldg Maint
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Moving Fees Required
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 295.00
  • Other Fees Frequency: Monthly

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • High School: ANNAPOLIS
  • School District Key: 121140671932
  • High School: ANNAPOLIS

Lot Info

  • Improvement Assessed Value: 125700.00
  • Land Assessed Value: 125700.00
  • Property Attached Yn: Yes
  • Year Assessed: 2014
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15188216
  • Tax Annual Amount: 2950.27
  • Assessor Parcel Number: 020265590069307
  • Tax Total Finished Sq Ft: 1934
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 04/23/2015

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 1
  • Waterfront Features: Boat/Launch Ramp

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2015
Closed on
Apr 23, 2015
Sold by
Windesheim Robert G and Windesheim Suzanne R
Bought by
Ferralli Bethany A
Seller's Agent
David Yee
Long & Foster Real Estate, Inc.
Buyer's Agent
Gilbert Poudrier
TTR Sotheby's International Realty
List Price
$299,000
Sold Price
$279,500
Premium/Discount to List
-$19,500
-6.52%
Total Days on Market
15
Current Estimated Value
$435,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,942
Avg. Annual Appreciation
4.75%
Original Mortgage
$237,575
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2002
Sold by
Sheehan Thomas E
Bought by
Windesheim Robert G and Scales Suzanne R

Purchase Details

Closed on
Jun 10, 1999
Sold by
Malley Jill M
Bought by
Sheehan Thomas E and Sheehan Amber D

Purchase Details

Closed on
Jun 7, 1991
Sold by
Winchester Homes Inc
Bought by
Malley Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,850
Interest Rate
9.48%
Source: Public Records

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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
Ferralli Bethany A $279,500 Optimum Title Llc
Windesheim Robert G $189,900 --
Sheehan Thomas E $150,800 --
Malley Jill M $158,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferralli Bethany A $224,000
Closed Ferralli Bethany A $237,575
Previous Owner Windesheim Robert G $280,000
Previous Owner Malley Jill M $142,850
Closed Sheehan Thomas E --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2015 04/23/15 Sold $279,500 -6.5% $145 / Sq Ft
03/22/2015 03/22/15 Pending -- -- --
03/07/2015 03/07/15 For Sale $299,000 -- $155 / 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 $3,501 $319,033 $0 $0
2023 $3,273 $299,700 $149,800 $149,900
2022 $3,139 $299,700 $149,800 $149,900
2021 $6,277 $299,700 $149,800 $149,900
2020 $3,142 $299,700 $149,800 $149,900
2019 $5,904 $290,033 $0 $0
2018 $2,843 $280,367 $0 $0
2017 $2,721 $270,700 $0 $0
2016 -- $264,267 $0 $0
2015 -- $257,833 $0 $0
2014 -- $251,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001266873

Bright MLS

APN: 02-655-90069307