NOT LISTED FOR SALE

306 Forbes St Unit P Annapolis, MD 21401

West Annapolis-Wardour Neighborhood

Estimated Value: $268,242 - $360,000

1 Bed
1 Bath
500 Sq Ft
$199/mo HOA Fee

Last Sold June 06, 2016

Last sale price $219,900 $440 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,179/month

Highlights

  • 5 Dock Slips
  • Water Views
  • Water Access
  • West Annapolis Elementary School Rated A-
  • Home fronts navigable water
  • Penthouse

About This Home

As of June 2016

LOCATION-LOCATION-LOCATION!! Top floor Annap condo with private rooftop deck overlooking Weems Creek & balcony on the other side.. short walk to Navy Stadium for home football games! Walking distance to everything "Annapolis" !! Inground pool and pier/dock on beautiful Weems Creek Great weekend getaway or investment also Current tenant leaving soon Call LA Now....Don't Wait!!

Last Agent to Sell the Property

Patricia Pell

kpell@championrealty.com Champion Realty, Inc. Listed on: 02/15/2016

Last Buyer's Agent

Carrie Mock

carriemock@comcast.net Curtis Real Estate Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,805

Year Built

  • Built in 1974

Lot Details

  • Home fronts navigable water
  • Creek or Stream
  • Property is in very good condition

HOA Fees

  • $199 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Property Views

  • Water
  • Scenic Vista

Home Design

  • Penthouse
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 500 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • 5 Dock Slips
  • Physical Dock Slip Conveys
  • 3 Powered Boats Permitted
  • Lake Privileges
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 020654706384251

Community Details

Overview

  • Association fees include exterior building maintenance, lawn care front, lawn care rear, lawn care side, management, pier/dock maintenance, pool(s), road maintenance
  • 6 Units
  • Mariners Cove HOA
  • Mariners Cove Community
  • Mariners Cove Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area

Recreation

  • Boat Dock
  • Pier or Dock
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,805

Year Built

Built in 1974

Lot Details

0

HOA Fees

$199 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1974
  • Remarks Public: LOCATION-LOCATION-LOCATION!! Top floor Annap condo with private rooftop deck overlooking Weems Creek & balcony on the other side.. short walk to Navy Stadium for home football games! Walking distance to everything "Annapolis" !! Inground pool and pier/dock on beautiful Weems Creek Great weekend getaway or investment also Current tenant leaving soon Call LA Now....Don't Wait!!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Kitchen - Galley, Combination Dining/Living, Window Treatments, Floor Plan - Open, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Top Floor
  • Floors In Unit Count: 3
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 500
  • Living Area Sq Ft: 500
  • Price Per Sq Ft: 439.80
  • Above Grade Finished Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 306

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Dock Type: Multiple Slip
  • Construction Completed: No
  • Pool Features: In Ground
  • View: Water, Scenic Vista
  • Water Access: Yes
  • Water Body Name: WEEMS CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 199.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Pier/Dock, Pool - Outdoor, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Management, Pier/Dock Maintenance, Pool(s), Road Maintenance
  • HOA Condo Co-Op Rules: Covenants
  • HOA Name: MARINERS COVE
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Outdoor Living Structures: Balcony, Roof
  • Property Condition: Very Good
  • Zoning: R4
  • In City Limits: Yes

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 15322065
  • Tax Annual Amount: 1805.38
  • Assessor Parcel Number: 020654706384251
  • Tax Total Finished Sq Ft: 500
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 06/06/2016

Multi Family

  • Dock Slip Conveyance: First Come - First Served
  • Mean Low Water Feet: 3
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
Jun 6, 2016
Sold by
Lazaro Stefan
Bought by
Winans Molly R
Seller's Agent
Patricia Pell
Champion Realty, Inc.
Buyer's Agent
Carrie Mock
Curtis Real Estate Company
List Price
$219,900
Sold Price
$219,900
Current Estimated Value
$334,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,911
Avg. Annual Appreciation
4.60%
Original Mortgage
$5,000
Outstanding Balance
$3,985
Interest Rate
3.61%
Mortgage Type
Stand Alone Second
Estimated Equity
$330,826

Purchase Details

Closed on
Oct 2, 2009
Sold by
Eichberg Ross E
Bought by
Lazaro Stefan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,504
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2001
Sold by
O'Neill Robert E
Bought by
Eichberg Ross E

Purchase Details

Closed on
Dec 27, 1999
Sold by
Chiaramonte Francis P
Bought by
O'Neill Robert E

Purchase Details

Closed on
Oct 8, 1997
Sold by
Brady James E
Bought by
Chiaramonte Francis P

Purchase Details

Closed on
May 27, 1994
Sold by
South Street Inv Grp Llc
Bought by
Brady James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.22%

Purchase Details

Closed on
Jan 11, 1994
Sold by
Libby L C
Bought by
South Street Inv Cp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
7.23%
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
Winans Molly R $219,900 Mid Maryland Title Co Inc
Lazaro Stefan $193,000 --
Eichberg Ross E $93,000 --
O'Neill Robert E $73,000 --
Chiaramonte Francis P $60,000 --
Brady James E $63,500 --
South Street Inv Cp $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winans Molly R $5,000
Open Winans Molly R $208,900
Previous Owner Lazaro Stefan $189,504
Previous Owner South Street Inv Cp $45,000
Previous Owner South Street Inv Cp $38,000
Closed O'Neill Robert E --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2016 06/06/16 Sold $219,900 0.0% $440 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/26/2016 03/26/16 Off Market $219,900 -- --
02/25/2016 02/25/16 For Sale $219,900 0.0% $440 / Sq Ft
02/15/2016 02/15/16 Off Market $219,900 -- --
02/15/2016 02/15/16 For Sale $219,900 -- $440 / 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
2025 $2,376 $186,667 -- --
2024 $2,376 $170,833 $0 $0
2023 $2,225 $155,000 $77,500 $77,500
2022 $2,184 $155,000 $77,500 $77,500
2021 $4,299 $155,000 $77,500 $77,500
2020 $2,135 $155,000 $77,500 $77,500
2019 $2,070 $149,167 $0 $0
2018 $1,994 $143,333 $0 $0
2017 $1,800 $137,500 $0 $0
2016 -- $137,500 $0 $0
2015 -- $137,500 $0 $0
2014 -- $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Patricia Pell

    Champion Realty Inc

  • C

    Buyer's Agent in 2016

    Carrie Mock

    Curtis Real Estate Company

See All Agents

Map

Source: Bright MLS

MLS Number: 1002374110

Bright MLS

APN: 06-547-06384251

Maryland Anne Arundel County Annapolis 21401 West Annapolis-Wardour

306 Forbes St Unit P, Annapolis, MD

This home is located at 306 Forbes St Unit P, Annapolis, MD 21401 since 15 February 2016 and is currently estimated at $334,811, approximately $669 per square foot. This property was built in 1974. 306 Forbes St Unit P is a home located in Anne Arundel County with nearby schools including West Annapolis Elementary School, Wiley H. Bates Middle School, and Annapolis High School.

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