Seller's Agent in 2024
Steven Knopf
Engel & Völkers Annapolis
(443) 995-5805
2 in this area
107 Total Sales
308 Forbes St Unit I Annapolis, MD 21401
West Annapolis-Wardour NeighborhoodEstimated Value: $380,000 - $426,000
1
Bed
1
Bath
500
Sq Ft
$235/mo
HOA Fee
Highlights
- 300 Feet of Waterfront
- 1 Dock Slip
- Access to Tidal Water
- West Annapolis Elementary School Rated A-
- Pier or Dock
- Fishing Allowed
About This Home
As of August 2024Experience the luxury of waterfront living in this studio condo. This unit is the perfect combination of a quiet, private, and serene setting, all within blocks of West Annapolis restaurants and shopping, City Dock/Downtown Annapolis, and the Naval Academy/Navy Stadium. Sip coffee from your waterfront, poolside balcony and watch the boats go by, or cozy up by the gas fireplace and enjoy waterfront views from two sets of sliding glass doors. This unit is charming and tastefully updated, featuring hardwood floors throughout, a large walk in closet, brand new full sized washer and dryer, and an updated kitchen equipped with modern conveniences including an insta-hot feature, gas stove, and stainless steel appliances. Enjoy the luxury of docking and storing your boat at the marina, or storing a kayak, canoe, or paddle board at the available storage at Mariners Cove!
Last Agent to Rent the Property
Long & Foster Real Estate, Inc. Listed on: 06/21/2024
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $3,521
Year Built
- Built in 1974 | Remodeled in 2016
Lot Details
- 300 Feet of Waterfront
- Home fronts navigable water
- Creek or Stream
- 1 Common Wall
- West Facing Home
- Property is in excellent condition
HOA Fees
- $235 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Architectural Shingle Roof
Interior Spaces
- 500 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Ceiling Fan
- 1 Fireplace
- Luxury Vinyl Plank Tile Flooring
- Creek or Stream Views
Kitchen
- Galley Kitchen
- Gas Oven or Range
- Stove
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Lot
- 1 Assigned Parking Space
Accessible Home Design
- Doors are 32 inches wide or more
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- Private Water Access
- Swimming Allowed
- 1 Dock Slip
- Physical Dock Slip Conveys
- Shared Waterfront
- Powered Boats Permitted
- Lake Privileges
- Balcony
Schools
- Annapolis High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Residential Lease
- Security Deposit $2,495
- No Smoking Allowed
- 12-Month Min and 24-Month Max Lease Term
- Available 7/1/24
- Assessor Parcel Number 020654708926002
Community Details
Overview
- Association fees include common area maintenance, sewer, water, pool(s), pier/dock maintenance, snow removal, trash, all ground fee
- Low-Rise Condominium
- Mariner's Cove Condos
- Mariners Cove Subdivision
Amenities
- Picnic Area
Recreation
- Pier or Dock
- Community Playground
- Community Pool
- Fishing Allowed
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 27, 2020
Sold by
Reid Justin T
Bought by
Reid Justin T and Reid Kathleen Rose
Current Estimated Value
Purchase Details
Closed on
Mar 23, 2012
Sold by
Faust Stephen and Faust Leslie B
Bought by
Reid Justin T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,200
Outstanding Balance
$118,199
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$282,686
Purchase Details
Closed on
Dec 17, 2004
Sold by
Stokes Gregory E
Bought by
Faust Stephen E and Faust Leslie B
Purchase Details
Closed on
Jul 29, 2003
Sold by
Kerr Christopher J
Bought by
Stokes Gregory E
Purchase Details
Closed on
Apr 11, 2001
Sold by
Laird Walter S
Bought by
Kerr Christopher J and Kerr Melissa H
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 |
|---|---|---|---|
| Reid Justin T | -- | Accommodation | |
| Reid Justin T | $185,000 | First American Title Ins Co | |
| Faust Stephen E | $225,000 | -- | |
| Stokes Gregory E | $160,000 | -- | |
| Kerr Christopher J | $86,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reid Justin T | $170,200 | |
| Closed | Kerr Christopher J | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2024 08/13/24 | Rented | $2,350 | -5.8% | -- |
| 07/10/2024 07/10/24 | Price Changed | $2,495 | -12.5% | $5 / Sq Ft |
| 06/21/2024 06/21/24 | For Rent | $2,850 | 0.0% | -- |
| 04/30/2024 04/30/24 | Sold | $411,000 | +5.4% | $822 / Sq Ft |
| 04/18/2024 04/18/24 | Pending | -- | -- | -- |
| 04/15/2024 04/15/24 | For Sale | $390,000 | -- | $780 / 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 | $3,521 | $290,000 | -- | -- |
| 2024 | $3,521 | $245,000 | $0 | $0 |
| 2023 | $2,872 | $200,000 | $100,000 | $100,000 |
| 2022 | $2,607 | $185,000 | $0 | $0 |
| 2021 | $2,395 | $170,000 | $0 | $0 |
| 2020 | $2,186 | $155,000 | $77,500 | $77,500 |
| 2019 | $2,187 | $155,000 | $77,500 | $77,500 |
| 2018 | $2,156 | $155,000 | $77,500 | $77,500 |
| 2017 | $2,291 | $175,000 | $0 | $0 |
| 2016 | -- | $175,000 | $0 | $0 |
| 2015 | -- | $175,000 | $0 | $0 |
| 2014 | -- | $175,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Knopf
-
Kara Chaffin Donofrio
Landlord's Agent in 2024
Kara Chaffin Donofrio
Long & Foster
(703) 795-7238
1 in this area
162 Total Sales
-
Kerri Gates
Landlord's Co-Listing Agent in 2024
Kerri Gates
EXP Realty, LLC
3 Total Sales
-
Parker Jones
Seller Co-Listing Agent in 2024
Parker Jones
Engel & Völkers Annapolis
(410) 980-0110
3 in this area
89 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2087564
APN: 06-547-08926002
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