NOT LISTED FOR SALE

338 Martins Cove Rd Annapolis, MD 21409

Pendennis Mount Neighborhood

Estimated Value: $998,000 - $1,091,000

4 Beds
2.5 Baths
2,688 Sq Ft
$387/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $825,000 $307 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,318/month

Highlights

  • 1 Boat Dock
  • Pier
  • Home fronts navigable water
  • Arnold Elementary School Rated 10
  • Pier or Dock
  • View of Trees or Woods

About This Home

As of May 2022

FINALLY, Something available in wonderful Martins Cove Farm! Jog or bike into Downtown Annapolis, 2 Restaurants & Jonas & Catherine Green Park & Maryland WW11 Memorial all within walking or biking distance. Nearby small marinas & the B&A Bike Path. Community walking path engulfs part of the neighborhood, bordering Martins Cove and the Naval Academy Golf Course, large ball field, playground, picnic area, dinghy rack, transient pier & quiet cul-de-sacs. Enjoy neighborhood gatherings or the privacy of your 1.3+ acre lot.
This home boasts of new easy care composite siding, trim & new roof all in 2017. Updated spacious kitchen in 2009 w/ new flooring in 2022. New waterline to house in 2012. New AC & new propane furnace, tankless water heater & lines to clothes dryer & Stove are roughed in (2017/18).
All rooms are spacious. Lots of closet & storage space, very private lot & more! This is truly a hidden treasure. (some virtually staged rooms) Please call Barb Best with any questions or further information.

Last Agent to Sell the Property

Barbara Best

(410) 279-0071 bbest.realtor1@gmail.com RE/MAX One License #23247 Listed on: 03/11/2022

RE/MAX One

Last Buyer's Agent

James Schaecher

(301) 928-4246 jimschaecher@gmail.com Keller Williams Flagship

Keller Williams Flagship

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,110

Year Built

  • Built in 1986 | Remodeled in 2017

Lot Details

  • 1.32 Acre Lot
  • Home fronts navigable water
  • Creek or Stream
  • Cul-De-Sac
  • Landscaped
  • Private Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 6 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener
  • Gravel Driveway
  • Parking Lot

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Window Treatments
  • Bay Window
  • Entrance Foyer
  • Family Room Off Kitchen
  • Formal Dining Room
  • Screened Porch
  • Views of Woods

Kitchen

  • Breakfast Room
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Rear Basement Entry

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • 1 Boat Dock
  • Lake Privileges
  • Exterior Lighting

Schools

  • Arnold Elementary School
  • Severn River Middle School
  • Broadneck High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Propane
  • Bottled Gas Water Heater
  • Municipal Trash
  • On Site Septic

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 020354390028076

Community Details

Overview

  • Association fees include pier/dock maintenance, recreation facility, common area maintenance
  • Martins Cove Farm Association
  • Martins Cove Farm Subdivision

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Pier or Dock
  • 1 Community Docks
  • Baseball Field
  • Community Playground
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,110

Year Built

Built in 1986 | Remodeled in 2017

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-03-11
  • Federal Flood Zone: No
  • Year Built: 1986
  • Year Renovated: 2017
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: FINALLY, Something available in wonderful Martins Cove Farm! Jog or bike into Downtown Annapolis, 2 Restaurants & Jonas & Catherine Green Park & Maryland WW11 Memorial all within walking or biking distance. Nearby small marinas & the B&A Bike Path. Community walking path engulfs part of the neighborhood, bordering Martins Cove and the Naval Academy Golf Course, large ball field, playground, picnic area, dinghy rack, transient pier & quiet cul-de-sacs. Enjoy neighborhood gatherings or the privacy of your 1.3+ acre lot. This home boasts of new easy care composite siding, trim & new roof all in 2017. Updated spacious kitchen in 2009 w/ new flooring in 2022. New waterline to house in 2012. New AC & new propane furnace, tankless water heater & lines to clothes dryer & Stove are roughed in (2017/18). All rooms are spacious. Lots of closet & storage space, very private lot & more! This is truly a hidden treasure. (some virtually staged rooms) Please call Barb Best with any questions or further information.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile, Laminate Plank
  • Interior Amenities: Breakfast Area, Carpet, Floor Plan - Traditional, Tub Shower, Walk-In Closet(s), Primary Bath(s), Upgraded Countertops, Built-Ins, Family Room Off Kitchen, Formal/Separate Dining Room, Window Treatments
  • Window Features: Bay/Bow
  • Fireplace Features: Screen, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Breakfast Room, Bathroom 2, Primary Bathroom, Half Bath, Screened Porch
  • Basement: Yes
  • Basement Type: Full, Rear Entrance, Unfinished, Walkout Stairs
  • Laundry Type: Main Floor
  • Total Sq Ft: 4032
  • Living Area Sq Ft: 2688
  • Price Per Sq Ft: 316.22
  • Above Grade Finished Sq Ft: 2688
  • Below Grade Sq Ft: 1344
  • Total Below Grade Sq Ft: 1344
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 338

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Hardiplank Type
  • Exterior Features: Exterior Lighting
  • Spa: No
  • View: Trees/Woods
  • Water Access Features: Canoe/Kayak, Private Access
  • Water Access: Yes
  • Water Body Name: Martins Cove
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Crushed Stone
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway, Parking Lot
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Electric Available, Propane, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Common Grounds, Jog/Walk Path, Picnic Area, Pier/Dock, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Pier/Dock Maintenance, Recreation Facility, Common Area Maintenance
  • HOA Name: MARTINS COVE FARM ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: ARNOLD
  • Middle School: SEVERN RIVER
  • High School: BROADNECK
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140671932
  • School District Source: 3rd Party
  • Elementary School: ARNOLD
  • High School: BROADNECK
  • Middle Or Junior School: SEVERN RIVER

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 308500.00
  • Land Assessed Value: 460300.00
  • Land Use Code: R
  • Lot Features: Backs To Trees, Cul-De-Sac, Landscaping, Private
  • Lot Size Acres: 1.32
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 57542.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: R1
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 15236884
  • Tax Annual Amount: 6110.00
  • Assessor Parcel Number: 020354390028076
  • Tax Lot: 32
  • Tax Total Finished Sq Ft: 2688
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 05/06/2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 19, 2022
Sold by
Lewis David H
Bought by
Hutson Karoline and Gallena Richard
Seller's Agent
Barbara Best
RE/MAX One
Buyer's Agent
James Schaecher
Keller Williams Flagship
List Price
$850,000
Sold Price
$825,000
Premium/Discount to List
-$25,000
-2.94%
Current Estimated Value
$1,040,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,251
Avg. Annual Appreciation
6.66%
Original Mortgage
$165,000
Outstanding Balance
$156,979
Interest Rate
5.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$868,325

Purchase Details

Closed on
Jul 25, 1996
Sold by
Plank Thomas E
Bought by
Lewis David H and Lewis Cynthia A

Purchase Details

Closed on
Jun 13, 1986
Sold by
Paramount Builders Inc
Bought by
Plank Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
10.76%
Source: Public Records

Range of Values:

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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
Hutson Karoline $825,000 Home First Title
Hutson Karoline $825,000 Home First Title
Lewis David H $268,000 --
Plank Thomas E $227,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutson Karoline $165,000
Closed Hutson Karoline $165,000
Open Hutson Karoline $618,750
Closed Hutson Karoline $618,750
Previous Owner Lewis David H $510,286
Previous Owner Lewis David H $464,000
Previous Owner Lewis David H $150,000
Previous Owner Lewis David H $336,000
Previous Owner Plank Thomas E $200,000
Closed Lewis David H --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $825,000 -2.9% $307 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $850,000 -- $316 / 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 $8,921 $783,400 -- --
2024 $8,921 $768,800 $460,300 $308,500
2023 $7,607 $696,567 $0 $0
2022 $6,955 $624,333 $0 $0
2021 $6,200 $552,100 $257,300 $294,800
2020 $6,162 $552,100 $257,300 $294,800
2019 $6,168 $552,100 $257,300 $294,800
2018 $6,298 $621,100 $287,300 $333,800
2017 $6,334 $600,300 $0 $0
2016 -- $579,500 $0 $0
2015 -- $558,700 $0 $0
2014 -- $558,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Best

    Seller's Agent in 2022

    Barbara Best

    RE/MAX

    (410) 279-0071

    3 in this area

    54 Total Sales

    Barbara Best
    Section Image
  • James Schaecher

    Buyer's Agent in 2022

    James Schaecher

    Keller Williams Flagship

    (301) 928-4246

    4 in this area

    321 Total Sales

    James Schaecher
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDAA2026326

Bright MLS

APN: 03-543-90028076

Maryland Anne Arundel County Annapolis 21409 Pendennis Mount

338 Martins Cove Rd, Annapolis, MD

This home is located at 338 Martins Cove Rd, Annapolis, MD 21409 since 11 March 2022 and is currently estimated at $1,040,251, approximately $386 per square foot. This property was built in 1986. 338 Martins Cove Rd is a home located in Anne Arundel County with nearby schools including Arnold Elementary School, Severn River Middle School, and Broadneck High School.

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