NOT LISTED FOR SALE

Estimated Value: $1,879,036

4 Beds
4.5 Baths
4,844 Sq Ft
$2,385/mo HOA Fee

Last Sold March 03, 2021

Last sale price $1,960,000 $405 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $16,516/month

53 Days on Market

Highlights

  • Marina View
  • Water Access
  • Penthouse
  • Home fronts navigable water
  • 24-Hour Security
  • 3-minute walk to Canton Waterfront Park

About This Home

As of March 2021

For those seeking modern luxury, elegance and comfort, this waterfront penthouse in Canton Cove provides nearly 5,000 square feet of impeccably designed living space. Overlooking Baltimore's Inner Harbor, the property boasts a wrap-around terrace with southern, eastern, and western exposures for beautiful sunrises and sunsets, and ample natural light throughout the day. In 2008, the property was thoughtfully re-designed by esteemed architect Bobby McAlpine to maximize views, and fully renovated with high-end finishes, appliances, and systems. The open floorplan lends itself to both entertaining and everyday living, with easy separation if needed. Adjacent to Canton Waterfront Park and minutes to Canton Crossing and a multitude of restaurants and shops, the walkability of this property is unmatched. Enjoy the Baltimore Waterfront Promenade, easy access to marinas, and proximity to Fells Point and Harbor East. Notable features of the property include floor-to-ceiling windows, spectacular views, and terrace access from nearly every room, cove lighting, custom closets, window treatments & built-ins, a Bravas Smart Home Automation System that controls audio/visual, lighting and thermostat from your phone, a built-in bar and a butler's pantry, chef's kitchen with Viking & Wolf appliances, two gas fireplaces, two sets of washer/dryer, beautiful marble baths with custom tile work. * The property is being sold furnished, with high-end, custom furniture pieces. Please contact listing agent for detailed list.

Last Listed By

Claudia O'Hara

Monument Sotheby's International Realty License #596172 Listed on: 11/05/2020

Monument Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $33,874

Year Built

  • Built in 1985 | Remodeled in 2008

Lot Details

  • Home fronts navigable water
  • Property is in excellent condition

HOA Fees

  • $2,385 Monthly HOA Fees

Parking

  • Parking Lot

Property Views

  • Panoramic

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 4,844 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • 3 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Hobby Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Gas Oven or Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Eco-Friendly Details

  • Energy-Efficient Exposure or Shade
  • Home Energy Management

Outdoor Features

  • Water Access
  • Property near a bay

Location

  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 087
  • Assessor Parcel Number 0301101902F087

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, security gate
  • Mid-Rise Condominium
  • Canton Cove Subdivision
  • Property Manager

Pet Policy

  • Limit on the number of pets
  • Breed Restrictions

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$33,874

Year Built

Built in 1985 | Remodeled in 2008

Lot Details

0

HOA Fees

$2,385 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Accessibility Features: Elevator, No Stairs
  • Ownership: Condominium
  • Exclusions: Piano
  • Inclusions: Furniture
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-11-06
  • Year Built: 1985
  • Year Renovated: 2008
  • Automatically Close On Close Date: No
  • Remarks Public: For those seeking modern luxury, elegance and comfort, this waterfront penthouse in Canton Cove provides nearly 5,000 square feet of impeccably designed living space. Overlooking Baltimore's Inner Harbor, the property boasts a wrap-around terrace with southern, eastern, and western exposures for beautiful sunrises and sunsets, and ample natural light throughout the day. In 2008, the property was thoughtfully re-designed by esteemed architect Bobby McAlpine to maximize views, and fully renovated with high-end finishes, appliances, and systems. The open floorplan lends itself to both entertaining and everyday living, with easy separation if needed. Adjacent to Canton Waterfront Park and minutes to Canton Crossing and a multitude of restaurants and shops, the walkability of this property is unmatched. Enjoy the Baltimore Waterfront Promenade, easy access to marinas, and proximity to Fells Point and Harbor East. Notable features of the property include floor-to-ceiling windows, spectacular views, and terrace access from nearly every room, cove lighting, custom closets, window treatments & built-ins, a Bravas Smart Home Automation System that controls audio/visual, lighting and thermostat from your phone, a built-in bar and a butler's pantry, chef's kitchen with Viking & Wolf appliances, two gas fireplaces, two sets of washer/dryer, beautiful marble baths with custom tile work. * The property is being sold furnished, with high-end, custom furniture pieces. Please contact listing agent for detailed list.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 6
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Butlers Pantry, Carpet, Dining Area, Floor Plan - Open, Kitchen - Gourmet, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, High, Tray Ceilings
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Office, Hobby Room
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit, Has Laundry
  • Total Sq Ft: 4844
  • Living Area Sq Ft: 4844
  • Price Per Sq Ft: 412.68
  • Above Grade Finished Sq Ft: 4844
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2901

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • View: Harbor, City, Marina, Panoramic, Water
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: No
  • Garage Features: Inside Access
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 2
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2385.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Security Gate
  • HOA: No
  • Senior Community: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Green Features

  • Efficiency: Home Energy Management, Exposure/Shade
  • Clean Green Assessed: No
  • Green Remarks: Smart home system allows owner to conserve energy remotely from a smartphone.

Lot Info

  • Improvement Assessed Value: 1343100.00
  • Land Assessed Value: 447700.00
  • Land Use Code: 003
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: C-2*
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Breed Restrictions, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 12903480
  • Tax Annual Amount: 33874.00
  • Assessor Parcel Number: 0301101902F087
  • Tax Lot: 087
  • Tax Total Finished Sq Ft: 2328
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/03/2021

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Mar 3, 2021
Sold by
Merritt Robb L and Merritt Sheila T
Bought by
Forbess Joseph M and Forbess Lisa W
Seller's Agent
Claudia O'Hara
Monument Sotheby's International Realty
Buyer's Agent
Jennifer Hansson
Cummings & Co. Realtors
List Price
$1,999,000
Sold Price
$1,960,000
Premium/Discount to List
-$39,000
-1.95%
Total Days on Market
53
Current Estimated Value
$1,879,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,964
Avg. Annual Appreciation
2.04%
Original Mortgage
$1,000,000
Outstanding Balance
$900,151
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,233,484

Purchase Details

Listed on
Oct 2, 2012
Closed on
Dec 28, 2012
Sold by
Cordish Reed S
Bought by
Merritt Robb L and Merritt Sheila T
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Heidi Krauss
Krauss Real Property Brokerage
List Price
$2,200,000
Sold Price
$2,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.40%
Original Mortgage
$1,000,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2008
Sold by
Cordish Company The
Bought by
Cordish Reed S

Purchase Details

Closed on
Dec 16, 2002
Sold by
Rodgers Theodore A
Bought by
Cordish Company The

Purchase Details

Closed on
Aug 23, 2001
Sold by
Rodgers Theodore A
Bought by
Rodgers Theodore A and Bitter Catherine G

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
Forbess Joseph M $1,960,000 Sage Title Group Llc
Merritt Robb L $1,800,000 Residential Title & Escrow C
Cordish Reed S $1,133,000 --
Cordish Company The $825,000 --
Rodgers Theodore A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forbess Joseph M $1,000,000
Previous Owner Merritt Robb L $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $1,960,000 -2.0% $405 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $1,999,000 -9.1% $413 / Sq Ft
12/29/2012 12/29/12 Sold $2,200,000 0.0% $455 / Sq Ft
10/02/2012 10/02/12 Pending -- -- --
10/02/2012 10/02/12 For Sale $2,200,000 -- $455 / 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 $43,956 $1,871,467 $0 $0
2023 $39,520 $1,839,200 $459,800 $1,379,400
2022 $39,203 $1,823,067 $0 $0
2021 $42,644 $1,806,933 $0 $0
2020 $38,462 $1,790,800 $447,700 $1,343,100
2019 $29,918 $1,435,367 $0 $0
2018 $22,129 $1,079,933 $0 $0
2017 $15,914 $724,500 $0 $0
2016 $19,897 $693,000 $0 $0
2015 $19,897 $661,500 $0 $0
2014 $19,897 $630,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA528530

Bright MLS

APN: 1902F-087