Seller's Agent in 2023
Sarah Garza
Compass
(443) 717-3631
9 in this area
230 Total Sales
316 Martins Cove Rd Annapolis, MD 21409
Pendennis Mount NeighborhoodEstimated Value: $819,000 - $953,000
5
Beds
3.5
Baths
2,376
Sq Ft
$370/Sq Ft
Est. Value
Highlights
- Pier or Dock
- View of Trees or Woods
- Contemporary Architecture
- Arnold Elementary School Rated 10
- Lake Privileges
- Traditional Floor Plan
About This Home
As of March 2023Please submit all offers by 3pm MONDAY the 6th. Location Location Location- Coveted Water Access Martins Cove! Minutes to Annapolis or Hwy 50 for the easiest of commutes. Tucked away in an oversized lot, this home is ready for you to move in and ready for you to enjoy the peace and tranquility that it has to offer. Vaulted ceilings and beautiful wood floors greet you as you enter. The kitchen not only has new quartz countertops and stainless steel appliances, it also has a kitchen nook for those easy eat in breakfast mornings or late night snacks. A beautiful screened in porch and large deck is perfect for your morning coffee or those evening happy hour beverages while watching the birds or frolicking foxes and deer run by. The large living area boasts a wood burning fireplace that makes a beautiful centerpiece to the room- perfect to cozy up to. In the front of the space there is a separate area that can be used as an office space, playroom or a sitting area to soak in the sunlight. On the upper level there are 4 bedrooms, one being the primary with a vaulted ceiling making for a grand feel. Complete with 2 closets and a primary bathroom. There are 3 bedrooms -1 of them has the laundry in the closet. The Laundry can potentially be moved to basement or the closet on the upper level hall. Or that bedroom can be used an office. The lower level has a walkout and a full bathroom. Perfect for guests or sleepovers! Need a 2nd primary bedroom? No problem! Need a 2nd living space? No problem! That space can be used for so many things. There also are 3 storage areas in the lower area that you must see! The lot itself is your own oasis and private. There not only is a 2 car garage but there is parking galore- 8 cars or more. When you need to adventure off of your oasis it is a short walk to the community pier where you can kayak, fish and swim. Baseball fields, picnic area, bbq area and walking paths make this community great for all! This home is one of a kind! Make your appointment today! Located in the Broadneck school district. New roof within the last year.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,396
Year Built
- Built in 1984
Lot Details
- 1.27 Acre Lot
- Property is in very good condition
- Property is zoned R1
HOA Fees
- $33 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 8 Driveway Spaces
- Side Facing Garage
Home Design
- Contemporary Architecture
- Frame Construction
Interior Spaces
- Property has 3 Levels
- Traditional Floor Plan
- Ceiling Fan
- Skylights
- Recessed Lighting
- Wood Burning Fireplace
- Brick Fireplace
- Sitting Room
- Living Room
- Dining Room
- Views of Woods
Kitchen
- Breakfast Room
- Eat-In Kitchen
- Built-In Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Bathroom
Laundry
- Laundry on upper level
- Dryer
- Washer
Partially Finished Basement
- Heated Basement
- Walk-Out Basement
- Interior and Exterior Basement Entry
- Sump Pump
- Space For Rooms
- Basement Windows
Outdoor Features
- Lake Privileges
Schools
- Arnold Elementary School
- Severn River Middle School
- Broadneck High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 40
- Assessor Parcel Number 020354390028037
Community Details
Overview
- Association fees include common area maintenance, pier/dock maintenance
- Martins Cove Farm Subdivision
Amenities
- Picnic Area
- Common Area
Recreation
- Pier or Dock
- Baseball Field
- Community Playground
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2023
Closed on
Mar 9, 2023
Sold by
Reistrup John
Bought by
Lameier Michael James and Shipman-Lameier Trisha Sue
Seller's Agent
Sarah Garza
Compass
Buyer's Agent
Heather Giovingo
Coldwell Banker Realty
List Price
$700,000
Sold Price
$717,400
Premium/Discount to List
$17,400
2.49%
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,303
Avg. Annual Appreciation
9.59%
Original Mortgage
$218,400
Outstanding Balance
$210,329
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$693,304
Purchase Details
Closed on
Aug 18, 2006
Sold by
Merrill Grayson
Bought by
Reistrup John and Wolhowe Catherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 14, 2006
Sold by
Merrill Grayson
Bought by
Reistrup John and Wolhowe Catherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 7, 1987
Sold by
Getty Michael G
Bought by
Merrill Grayson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.35%
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 |
|---|---|---|---|
| Lameier Michael James | $717,400 | Eagle Title | |
| Reistrup John | $639,000 | -- | |
| Reistrup John | $639,000 | -- | |
| Merrill Grayson | $243,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lameier Michael James | $218,400 | |
| Previous Owner | Reistrup John | $334,500 | |
| Previous Owner | Wolhowe Catherine | $271,500 | |
| Previous Owner | Reistrup John | $60,000 | |
| Previous Owner | Reistrup John | $275,000 | |
| Previous Owner | Reistrup John | $275,000 | |
| Previous Owner | Merrill Grayson | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2023 03/07/23 | Sold | $717,400 | +2.5% | $302 / Sq Ft |
| 02/07/2023 02/07/23 | Pending | -- | -- | -- |
| 02/04/2023 02/04/23 | For Sale | $700,000 | -- | $295 / 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 | $7,833 | $723,100 | -- | -- |
| 2024 | $7,833 | $722,800 | $459,800 | $263,000 |
| 2023 | $7,584 | $651,133 | $0 | $0 |
| 2022 | $5,888 | $579,467 | $0 | $0 |
| 2021 | $11,474 | $507,800 | $256,800 | $251,000 |
| 2020 | $5,699 | $507,800 | $256,800 | $251,000 |
| 2019 | $5,704 | $507,800 | $256,800 | $251,000 |
| 2018 | $5,790 | $571,000 | $286,800 | $284,200 |
| 2017 | $5,628 | $544,400 | $0 | $0 |
| 2016 | -- | $517,800 | $0 | $0 |
| 2015 | -- | $491,200 | $0 | $0 |
| 2014 | -- | $491,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Garza
-
Heather Giovingo
Buyer's Agent in 2023
Heather Giovingo
Coldwell Banker (NRT-Southeast-MidAtlantic)
(443) 254-1074
1 in this area
119 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2053002
APN: 03-543-90028037
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