NOT LISTED FOR SALE

314 Cedar Ln Annapolis, MD 21403

Estimated Value: $415,000 - $539,000

3 Beds
2 Baths
840 Sq Ft
$587/Sq Ft Est. Value

Last Sold September 17, 2013

Last sale price $291,000 $346 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,939/month

16 Days on Market

Highlights

  • Boat Ramp
  • 1 Boat Dock
  • Home fronts navigable water
  • Hillsmere Elementary School Rated 9+
  • Beach
  • Water Access

About This Home

As of September 2013

Great opportunity in Hillsmere- Water privileges!!! Amazing amenities: beach, marina, boat launches, playgrounds, outdoor pool plus Quiet Waters Park and public library at community entrance! Hardwood floors throughout house, sun-room and large yard with shed. Three miles to downtown Annapolis and convenient to shopping and restaurants.

Last Agent to Sell the Property

Rachel Gontkovic

(410) 271-6246 rachel@rachelshomes.com EXP Realty, LLC Listed on: 07/09/2013

EXP Realty, LLC

Last Buyer's Agent

Deborah Peoples

(410) 260-2800 deborah@bobanddeborahpeoples.com Long & Foster Real Estate, Inc. License #MRIS:98636

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,929

Year Built

  • Built in 1955

Lot Details

  • 0.27 Acre Lot
  • Home fronts navigable water
  • Property is zoned R2

HOA Fees

  • HOA YN

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • 1 Fireplace
  • Window Treatments
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Rear Basement Entry
  • Sump Pump

Outdoor Features

  • Water Access
  • 1 Boat Dock
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Lake Privileges

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • 60+ Gallon Tank
  • Well
  • Water Conditioner is Owned

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 020241204146150

Community Details

Overview

  • Condo Association YN: No
  • Association fees include common area maintenance

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Boat Ramp
  • Pier or Dock
  • Mooring Area
  • Beach
  • Volleyball Courts
  • Community Playground
  • Community Pool
  • Pool Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,929

Year Built

Built in 1955

Lot Details

0

HOA Fees

$1 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Conditioner - Owned
  • Interior Amenities: Kitchen - Eat-In, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Rear Entrance, Sump Pump, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Stucco
  • Dock Type: Multiple Slip
  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: SOUTH RIVER
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 15.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Common Grounds, Mooring Area, Picnic Area, Pier/Dock, Pool Mem Avail, Pool - Outdoor, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 83000.00
  • Land Assessed Value: 166900.00
  • Lot Size Acres: 0.27
  • Lot Size Area: 11550
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11550.00
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15181903
  • Tax Annual Amount: 2929.45
  • Assessor Parcel Number: 020241204146150
  • Tax Lot: 15
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2013
Closed on
Sep 17, 2013
Sold by
Franke Richard O and Franke Barbara Joyce
Bought by
Mccormick Warren and Kromer Andrea
Seller's Agent
Rachel Gontkovic
EXP Realty, LLC
Buyer's Agent
Deborah Peoples
Long & Foster Real Estate, Inc.
List Price
$310,000
Sold Price
$291,000
Premium/Discount to List
-$19,000
-6.13%
Current Estimated Value
$492,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,728
Avg. Annual Appreciation
4.40%
Original Mortgage
$276,450
Outstanding Balance
$207,998
Interest Rate
4.61%
Mortgage Type
New Conventional
Estimated Equity
$284,730
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mccormick Warren $291,000 Sage Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormick Warren $276,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2013 09/17/13 Sold $291,000 -6.1% $346 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $310,000 -- $369 / 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 $4,132 $361,300 -- --
2024 $4,132 $344,900 $0 $0
2023 $4,017 $328,500 $242,600 $85,900
2022 $3,777 $327,033 $0 $0
2021 $3,628 $325,567 $0 $0
2020 $3,628 $324,100 $242,600 $81,500
2019 $3,570 $316,233 $0 $0
2018 $3,417 $308,367 $0 $0
2017 $3,374 $300,500 $0 $0
2016 -- $283,633 $0 $0
2015 -- $266,767 $0 $0
2014 -- $249,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003611580

Bright MLS

APN: 02-412-04146150