Seller's Agent in 2024
Candice Bothun
EKB Realty
(410) 212-8388
1 in this area
60 Total Sales
3 Murray Ave Annapolis, MD 21401
Downtown Annapolis NeighborhoodEstimated Value: $766,000 - $1,182,000
5
Beds
2
Baths
2,672
Sq Ft
$358/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Living Room
- Radiator
- No HOA
- Dining Room
- 2-minute walk to Acton's Cove Waterfront Park
About This Home
As of January 2024Welcome to an exceptional investment opportunity in the heart of Murray Hill, Annapolis. This multi-family house, steeped in history and charm, offers a unique proposition for investors seeking both monthly income or potential for a single-family home conversion.
The first unit, located on the main level, has two bedrooms, full bathroom, a cozy dining room, a functional kitchen, and a welcoming living room. The allure of this unit lies not only in its practical layout but also in the exquisite architectural details that lend it an air of timeless elegance.
Ascending the grand staircase to the second and third floors, the second unit has 4 bedrooms, a full bathroom, living room and dining room in a traditional old world layout. This unit's versatile layout presents a myriad of possibilities, accommodating various tenant arrangements or potentially higher rental income.
What sets this property apart is its adaptability. Beyond its current configuration, the removal of the wall between the grand staircase and the main level apartment offers the opportunity to seamlessly transform this charming multi-family house into a stately single-family residence. The restoration of the house to its original grandeur is within reach, allowing for a seamless fusion of historical elegance and modern convenience.
Outside, the property's appeal is complemented by the enchanting surroundings of Murray Hill. The neighborhood's tree-lined streets and historic ambiance provide the perfect backdrop for this investment gem. Its proximity to Annapolis's bustling downtown area, replete with restaurants, shops, and the serene waterfront, further enhances its desirability.
Whether you're an astute investor envisioning steady monthly income or a homeowner with an eye for historical grandeur, this property offers a canvas of possibilities. Don't miss the chance to explore the potential of this Murray Hill gem. Schedule your viewing today and step into a world where history meets opportunity, creating a timeless investment for your future.
Last Agent to Sell the Property
(410) 212-8388 candice.bothun@gmail.com EKB Realty License #676293 Listed on: 11/16/2023
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,584
Year Built
- Built in 1915
Lot Details
- 2,000 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Semi-Detached or Twin Home
- Colonial Architecture
- Brick Foundation
- Frame Construction
Interior Spaces
- Property has 3 Levels
- Living Room
- Dining Room
- Unfinished Basement
Bedrooms and Bathrooms
Utilities
- Radiator
- Electric Water Heater
Community Details
- No Home Owners Association
- Murray Hill Subdivision
Listing and Financial Details
- Assessor Parcel Number 020600005699125
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 16, 2023
Closed on
Jan 18, 2024
Sold by
Diesel Llc
Bought by
Moravec Michael Christopher and Fisher Danielle Marie
Seller's Agent
Candice Bothun
EKB Realty
Buyer's Agent
Julann Donnelly
Compass
List Price
$799,000
Sold Price
$765,000
Premium/Discount to List
-$34,000
-4.26%
Views
343
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,695
Avg. Annual Appreciation
12.08%
Original Mortgage
$573,750
Outstanding Balance
$563,710
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$392,985
Purchase Details
Closed on
May 26, 2004
Sold by
Frost Edwin R
Bought by
Diesel Llc
Purchase Details
Closed on
Jul 5, 1995
Sold by
Moss Mary E
Bought by
Frost Edwin R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.84%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moravec Michael Christopher | $765,000 | Eagle Title | |
| Moravec Michael Christopher | $765,000 | Eagle Title | |
| Diesel Llc | -- | -- | |
| Frost Edwin R | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moravec Michael Christopher | $573,750 | |
| Closed | Moravec Michael Christopher | $573,750 | |
| Previous Owner | Frost Edwin R | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/18/2024 01/18/24 | Sold | $765,000 | -4.3% | $286 / Sq Ft |
| 11/28/2023 11/28/23 | Pending | -- | -- | -- |
| 11/16/2023 11/16/23 | For Sale | $799,000 | -- | $299 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $8,365 | $625,967 | -- | -- |
| 2024 | $8,365 | $582,133 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Candice Bothun
-
Julann Donnelly
Buyer's Agent in 2024
Julann Donnelly
Compass
(410) 570-9357
2 in this area
35 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2071588
APN: 06-000-05699125
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