NOT LISTED FOR SALE

Estimated Value: $849,319 - $1,022,000

2 Beds
2 Baths
1,176 Sq Ft
$811/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $550,000 $468 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,752/month

108 Days on Market

Highlights

  • Water Views
  • Fishing Allowed
  • Upgraded Countertops
  • Public Water Access
  • No HOA
  • 1-minute walk to Davis Park

About This Home

As of August 2016

Awesome 2 unit bldg with over $41K in annual rental income located in the heart of the Eastport peninsula. Waterviews from both units, each has separate entrance and deck. Newly remodeled in 2015. W/D in each unit and efficient heat and a/c. Kitchens feature new appliances and granite counters. Bathrooms have new fixtures and vanities. Fully rented. Lead free Tenants pay utilities exc water

Last Agent to Sell the Property

Vic Pascoe

Keller Williams Select Realtors of Annapolis License #597300 Listed on: 03/28/2016

Keller Williams Select Realtors of Annapolis

Last Buyer's Agent

Jeannine Wayson

Coldwell Banker Realty License #611432

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,241

Year Built

  • Built in 1920 | Remodeled in 2015

Lot Details

  • 3,571 Sq Ft Lot
  • Creek or Stream
  • Property is zoned R2NC

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Living Room
  • Water Views
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Cooktop
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Public Water Access
  • Canoe or Kayak Water Access

Location

  • Property is near a creek

Schools

  • Eastport Elementary School
  • Annapolis Middle School
  • Annapolis High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020600003976108

Community Details

Overview

  • No Home Owners Association
  • Eastport Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,241

Year Built

Built in 1920 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1920
  • Year Renovated: 2015
  • Remarks Public: Awesome 2 unit bldg with over $41K in annual rental income located in the heart of the Eastport peninsula. Waterviews from both units, each has separate entrance and deck. Newly remodeled in 2015. W/D in each unit and efficient heat and a/c. Kitchens feature new appliances and granite counters. Bathrooms have new fixtures and vanities. Fully rented. Lead free Tenants pay utilities exc water
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Water Heater, Washer/Dryer Stacked
  • Interior Amenities: Breakfast Area, Upgraded Countertops
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 320

Beds/Baths

  • Bedrooms: 2
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Wood Siding
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Public Access
  • Water Access: No
  • Water Body Name: BACK CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Wall Unit, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: EASTPORT
  • Middle School: ANNAPOLIS
  • High School: ANNAPOLIS
  • School District Key: 121140671932
  • Elementary School: EASTPORT
  • High School: ANNAPOLIS
  • Middle Or Junior School: ANNAPOLIS

Lot Info

  • Improvement Assessed Value: 90600.00
  • Land Assessed Value: 470000.00
  • Lot Size Acres: 0.08
  • Lot Size Area: 3571
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3571.00
  • Year Assessed: 2016
  • Zoning: R2NC
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 41000.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15314615
  • Tax Annual Amount: 6241.12
  • Assessor Parcel Number: 020600003976108
  • Tax Total Finished Sq Ft: 1176
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 08/22/2016

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 3

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2016
Closed on
Aug 22, 2016
Sold by
Pal Mart 320 Llc
Bought by
Norton Joanne R
Seller's Agent
Vic Pascoe
Keller Williams Select Realtors of Annapolis
Buyer's Agent
Jeannine Wayson
Coldwell Banker Realty
List Price
$624,900
Sold Price
$550,000
Premium/Discount to List
-$74,900
-11.99%
Current Estimated Value
$908,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,351
Avg. Annual Appreciation
5.94%
Original Mortgage
$350,000
Outstanding Balance
$283,502
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$640,231

Purchase Details

Closed on
Jan 9, 2015
Sold by
Mccullough George Aloysius and Mccullough George Aloysius
Bought by
Palmart 320 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2007
Sold by
Mccullough George A
Bought by
Mccullough George A

Purchase Details

Closed on
Nov 20, 2007
Sold by
Mccullough George A
Bought by
Mccullough George A
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
Norton Joanne R $550,000 Eagle Title Llc
Palmart 320 Llc $370,000 First American Title Ins Co
Mccullough George A -- --
Mccullough George A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norton Joanne R $350,000
Previous Owner Palmart 320 Llc $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2016 08/22/16 Sold $550,000 -8.2% $468 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
05/28/2016 05/28/16 Price Changed $599,000 -1.6% $509 / Sq Ft
04/22/2016 04/22/16 Price Changed $609,000 -2.5% $518 / Sq Ft
03/28/2016 03/28/16 For Sale $624,900 -- $531 / 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
2024 $9,345 $650,300 $0 $0
2023 $8,310 $578,700 $495,000 $83,700
2022 $8,039 $570,567 $0 $0
2021 $7,816 $562,433 $0 $0
2020 $7,816 $554,300 $470,000 $84,300
2019 $7,821 $554,300 $470,000 $84,300
2018 $7,710 $554,300 $470,000 $84,300
2017 $7,316 $560,600 $0 $0
2016 -- $517,967 $0 $0
2015 -- $475,333 $0 $0
2014 -- $432,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001298191

Bright MLS

APN: 06-000-03976108