NOT LISTED FOR SALE

3032 Arundel on The Bay Rd Annapolis, MD 21403

Estimated Value: $493,000 - $941,000

0.49 Acre
$1,661,549 Price per Acre
21,344 Sq Ft Lot

Last Sold September 27, 2021

Last sale price $190,000 $293 Per Sq Ft

Est. 329% increase in value since last sale

Current estimated payment $5,305/month

12 Days on Market

About This Lot

As of September 2021

Lovely .49 acre homesite in Annapolis backing to woods. Several models/floor plans offered by Remodel Werks, or bring your own builder. Just minutes to Quiet Waters Park, restaurants, shopping and downtown Annapolis.

Last Listed By

Jennifer Schaub

EXP Realty, LLC License #652219 Listed on: 06/17/2021

EXP Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,134

Year Built

  • 1945

Lot Details

  • 0.49 Acre Lot
  • Property is zoned R2

Schools

  • Hillsmere Elementary School
  • Annapolis Middle School
  • Annapolis High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 020200000269100

Property Details

Property Type

Land

Est. Annual Taxes

$1,134

Year Built

1945

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Automatically Close On Close Date: Yes
  • Remarks Public: Lovely .49 acre homesite in Annapolis backing to woods. Several models/floor plans offered by Remodel Werks, or bring your own builder. Just minutes to Quiet Waters Park, restaurants, shopping and downtown Annapolis.
  • Special Features: None
  • Year Built: 1945

Interior Features

  • Price Per Sq Ft: 8.36
  • Street Number Modifier: 3032

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: HILLSMERE
  • Middle School: ANNAPOLIS
  • 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: HILLSMERE
  • High School: ANNAPOLIS
  • Middle Or Junior School: ANNAPOLIS

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 200.00
  • Land Use Code: 011
  • Lot Size Acres: 0.49
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21301.00
  • Year Assessed: 2021
  • Zoning: R2
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15165623
  • Tax Annual Amount: 1134.00
  • Assessor Parcel Number: 020200000269100
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 09/27/2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Khoshroo Babak
Bought by
Khoshroo Babak and Sharifsoltani Roya
Total Days on Market
12
Current Estimated Value
$814,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,900
Outstanding Balance
$683,150
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$180,622

Purchase Details

Listed on
Jun 17, 2021
Closed on
Oct 21, 2021
Sold by
Midatlantic Ira Llc
Bought by
Khoshroo Babak
Seller's Agent
Jennifer Schaub
EXP Realty, LLC
Buyer's Agent
Jennifer Schaub
EXP Realty, LLC
List Price
$178,000
Sold Price
$190,000
Premium/Discount to List
$12,000
6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.76%
Original Mortgage
$142,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2019
Sold by
Entrust Mid Atlantic
Bought by
Anne Arundel County

Purchase Details

Closed on
Dec 28, 2007
Sold by
Asher Charlotte M
Bought by
Entrust Mi and Entrust Entrust

Purchase Details

Closed on
Dec 11, 2007
Sold by
Asher Charlotte M
Bought by
Entrust Mi and Entrust Entrust

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
Khoshroo Babak $71,240 Eagle Title
Khoshroo Babak $190,000 Eagle Title Llc
Anne Arundel County -- None Available
Entrust Mi $365,000 --
Entrust Mi $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khoshroo Babak $712,900
Previous Owner Khoshroo Babak $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $190,000 +6.7% $293 / Sq Ft
06/17/2021 06/17/21 For Sale $178,000 -- $275 / 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 $9,494 $821,167 $0 $0
2023 $1,347 $80,000 $79,800 $200
2022 $1,266 $80,000 $79,800 $200
2021 $1,266 $80,000 $79,800 $200
2020 $3,855 $331,500 $331,300 $200
2019 $3,709 $317,300 $0 $0
2018 $3,150 $310,633 $0 $0
2017 $3,350 $288,900 $0 $0
2016 -- $288,900 $0 $0
2015 -- $289,000 $0 $0
2014 -- $295,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2000622

Bright MLS

APN: 02-000-00269100