NOT LISTED FOR SALE

316 Burnside St Unit 502 Annapolis, MD 21403

Eastport Neighborhood

Estimated Value: $443,398 - $553,000

1 Bed
1 Bath
642 Sq Ft
$283/mo HOA Fee

Last Sold October 21, 2021

Last sale price $347,000 $540 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,210/month

10 Days on Market

Highlights

  • 5 Dock Slips
  • Canoe or Kayak Water Access
  • Traditional Floor Plan
  • Home fronts navigable water
  • No Units Above
  • Traditional Architecture

About This Home

As of October 2021

Fabulous Opportunity to be within comfortable walking distance of all things Annapolis in the Newport Building, a small and friendly community on the bank of Spa Creek. Although this unit does not have a view, you'll have a fabulous city and waterview from the common rooftop terrace and from the pool deck. Bring your kayak, canoe or paddleboard to enjoy time on the creek with your neighbors. Boat Slips available for a modest fee on an annual basis. Invite your friends to enjoy the close up viewing of the Blue Angels, Annual Boat Light Parade and fireworks on 4th of July and New Years Eve.

Last Agent to Sell the Property

Louise Ramsay

(443) 254-4870 lu@lnf.com Long & Foster Real Estate, Inc. License #306168 Listed on: 09/01/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Taras Hnatyshyn

(443) 817-3171 taras.hnatyshyn@lnf.com Long & Foster Real Estate, Inc. License #661841

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,756

Year Built

  • Built in 1973

Lot Details

  • Home fronts navigable water
  • Creek or Stream
  • No Units Above
  • Property is in very good condition

HOA Fees

  • $283 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 5th floor
  • Brick Exterior Construction

Interior Spaces

  • 642 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Combination Dining and Living Room
  • Carpet
  • Intercom

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 40 Open Parking Spaces
  • 40 Parking Spaces
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Sail
  • Limit On Boat Length
  • 5 Dock Slips
  • Physical Dock Slip Conveys
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020660908113915

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, laundry, management, pier/dock maintenance, pool(s), reserve funds, sewer, snow removal, trash, water
  • Mid-Rise Condominium
  • Newport Condos, Phone Number (410) 271-7171
  • Newport Condomin Community
  • Eastport Subdivision
  • Property Manager

Amenities

  • Common Area
  • Laundry Facilities
  • 1 Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Pier or Dock
  • 24 Community Slips
  • Community Pool

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,756

Year Built

Built in 1973

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: All house wares, artwork, linens, electronics, window treatments, small and large appliances.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-09-01
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 5
  • Interior Amenities: Carpet, Combination Dining/Living, Entry Level Bedroom, Floor Plan - Traditional, Intercom
  • Fireplace: No
  • Common Walls: No One Above
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Shared
  • Total Sq Ft: 642
  • Living Area Sq Ft: 642
  • Price Per Sq Ft: 543.61
  • Above Grade Finished Sq Ft: 642
  • Above Grade Finished Area Units: Square Feet

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, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Secure Storage
  • Spa: No
  • Water Access Features: Boat - Length Limit, Boat - Powered, Canoe/Kayak, Private Access, Sail
  • Water Access: Yes
  • Water Body Name: Spa Creek
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 40
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 40

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 283.38
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Newport
  • Condo Co-Op Phone: 410-271-7171
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Elevator, Laundry Facilities, Pier/Dock, Pool - Outdoor, Reserved/Assigned Parking, Storage Bin, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Laundry, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 133200.00
  • Land Assessed Value: 133200.00
  • Lot Size Acres: 0.01
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 642.00
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 15322464
  • Tax Annual Amount: 3756.00
  • Assessor Parcel Number: 020660908113915
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 29, 2021
Sold by
Ferrara V Raymond and Kimbrough F Ferrara Living Tru
Bought by
Cerullo Joseph J and Cerullo Juanita L
Seller's Agent
Louise Ramsay
Long & Foster Real Estate, Inc.
Buyer's Agent
Taras Hnatyshyn
Long & Foster Real Estate, Inc.
List Price
$349,000
Sold Price
$347,000
Premium/Discount to List
-$2,000
-0.57%
Current Estimated Value
$487,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,350
Avg. Annual Appreciation
8.59%
Original Mortgage
$310,500
Outstanding Balance
$284,520
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$202,830

Purchase Details

Closed on
Mar 13, 2015
Sold by
Fries W Gregory and Fries Constance B
Bought by
Kimbrough F Ferrara Living Trust

Purchase Details

Closed on
Oct 11, 2006
Sold by
Burnside Properties Llc
Bought by
Fries W Gregory and Fries Constance B

Purchase Details

Closed on
Sep 27, 2006
Sold by
Burnside Properties Llc
Bought by
Fries W Gregory and Fries Constance B

Purchase Details

Closed on
May 17, 2006
Sold by
Colburn Julie L
Bought by
Burnside Properties Llc

Purchase Details

Closed on
Apr 21, 2006
Sold by
Colburn Julie L
Bought by
Burnside Properties Llc

Purchase Details

Closed on
Aug 13, 1999
Sold by
Mackenzie Robert T
Bought by
Colburn Julie L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cerullo Joseph J $345,000 Sage Title Group Llc
Kimbrough F Ferrara Living Trust $275,000 None Available
Fries W Gregory -- --
Fries W Gregory -- --
Burnside Properties Llc $325,000 --
Burnside Properties Llc $325,000 --
Colburn Julie L $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cerullo Joseph J $310,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2021 10/21/21 Sold $347,000 -0.6% $540 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $349,000 -- $544 / 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 $4,335 $337,000 -- --
2024 $4,335 $301,700 $0 $0
2023 $3,826 $266,400 $133,200 $133,200
2022 $3,754 $266,400 $133,200 $133,200
2021 $3,754 $266,400 $133,200 $133,200
2020 $3,756 $266,400 $133,200 $133,200
2019 $0 $261,033 $0 $0
2018 $3,556 $255,667 $0 $0
2017 $3,276 $250,300 $0 $0
2016 -- $250,300 $0 $0
2015 -- $250,300 $0 $0
2014 -- $254,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Louise Ramsay

    Seller's Agent in 2021

    Louise Ramsay

    Long & Foster

    (443) 254-4870

    2 in this area

    9 Total Sales

    Louise Ramsay
    Section Image
  • Taras Hnatyshyn

    Buyer's Agent in 2021

    Taras Hnatyshyn

    Long & Foster

    (443) 817-3171

    3 in this area

    22 Total Sales

    Taras Hnatyshyn
    Section Image
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Map

Source: Bright MLS

MLS Number: MDAA2008348

Bright MLS

APN: 06-609-08113915

Maryland Anne Arundel County Annapolis 21403 Eastport

316 Burnside St Unit 502, Annapolis, MD

Not Listed for Sale

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