NOT LISTED FOR SALE

Estimated Value: $2,043,000 - $4,265,000

4 Beds
3.5 Baths
3,814 Sq Ft
$883/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $3,675,000 $964 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $19,611/month

99 Days on Market

Highlights

  • 26 Feet of Waterfront
  • Access to Tidal Water
  • Fishing Allowed
  • 2 Dock Slips
  • New Construction
  • 4-minute walk to Horn Point Park

About This Home

As of March 2023

Eastern Avenue Waterfront! A rare offering, this newly built, premium waterfront property on prestigious Eastern Ave in Eastport provides awe-inspiring views of the Chesapeake Bay. Relax with a morning coffee on the multiple-tiered deck cascading towards the waterfront and savor the magnificent sunrises over the calming waters of the Bay. This thoughtfully designed and constructed LEED Platinum certified home with over 3,100+ sqft of living space boasts beautiful water views and high-end finishes throughout. Designed to accommodate a variety of lifestyles and living situations, the flexibility and usability of the 4 finished floors is enhanced by the elevator and the ability to close off each floor via the contemporary glass door panels at each level. Upon entering the home, the main level sets the tone throughout with great attention to design details, light hardwood flooring, ship-lap walls, sleek modern Kitchen with island and floor to ceiling windows in the Family Room to capture the views. The main level Bedroom with Full Bath provides the option for one level living. Take the elevator or stunning stairs to the 2nd and 3rd levels to enjoy the sweeping views of the Chesapeake Bay from the large waterside decks with ipe decking and cable railings. With a Full Bath and spacious rooms on each level, the layout can be customized to a variety of needs; Large family, rental potential, multi-generational living, the options are endless. The lower level is accessible via the elevator or the exterior stairs and boasts a workshop, wine cellar, bonus room and storage. The property is in a prime location for enjoying all that Eastport and Annapolis has to offer. The private pier offers the ideal setup for the boating enthusiast. Just steps outside the front door enjoy strolling the artful and nautical streets to amenities like; five-star restaurants, shops, pubs and city parks. Pop across the Spa Creek drawbridge or motor in the water taxi over to Annapolis and soak up the vibrant city vibe or just kick-back to watch the daily parade of boats or view the annual fireworks displays and the flying skills of the Blue Angels from your private dock. Eastport/Annapolis offers the perfect balance of small-town charm and big world sophistication. Located just 5 miles to Rt. 50 and 97 which provides direct access to Baltimore, BWI, Ft. Meade/NSA and Washington, DC. This property is a must see!

Last Agent to Sell the Property

Brad Kappel

(410) 279-9476 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty Listed on: 10/21/2022

TTR Sotheby's International Realty

Last Buyer's Agent

Brad Kappel

(410) 279-9476 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty Listed on: 10/21/2022

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,268

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 4,500 Sq Ft Lot
  • 26 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Picket Fence
  • Landscaped
  • Premium Lot
  • Level Lot
  • Back Yard
  • Property is in excellent condition
  • Property is zoned C2

Parking

  • On-Street Parking

Property Views

  • Bay
  • City
  • Scenic Vista
  • Garden

Home Design

  • Coastal Architecture
  • Wood Walls
  • Architectural Shingle Roof
  • Cedar

Interior Spaces

  • Property has 4 Levels
  • 1 Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Paneling
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Stove
  • Corner Fireplace
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Double Pane Windows
  • Window Treatments
  • French Doors
  • ENERGY STAR Qualified Doors
  • Family Room Off Kitchen

Kitchen

  • Eat-In Gourmet Kitchen
  • Kitchenette
  • Breakfast Area or Nook
  • Double Oven
  • Electric Oven or Range
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Workshop

Accessible Home Design

  • Accessible Elevator Installed
  • Roll-in Shower
  • Grab Bars
  • Entry Slope Less Than 1 Foot

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Solar owned by seller
  • Solar Water Heater
  • Cooling system powered by solar connected to the grid
  • Heating system powered by active solar

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Multiple Balconies
  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Programmable Thermostat

Listing and Financial Details

  • Assessor Parcel Number 020600005714503

Community Details

Overview

  • No Home Owners Association
  • Eastport Subdivision, Eastport Waterfront Floorplan

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,268

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Accessibility Features: Elevator, Entry Slope <1', Grab Bars Mod, Roll-In Shower
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2022-10-28
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Cooktop, Disposal, Extra Refrigerator/Freezer, Oven - Double, Oven/Range - Electric, Range Hood, Refrigerator, Washer/Dryer Stacked, Water Heater - Solar
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Elevator, Entry Level Bedroom, Exposed Beams, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Kitchenette, Recessed Lighting, Skylight(s), Upgraded Countertops, Wet/Dry Bar, Window Treatments, Wine Storage, Wood Floors, Stove - Wood
  • Window Features: Energy Efficient, Double Pane
  • Fireplace Features: Free Standing, Wood, Corner
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Energy Star Qualified Door(s)
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings, Paneled Walls, Wood Walls
  • Foundation Details: Other
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Heated, Improved, Outside Entrance, Interior Access, Partially Finished, Walkout Stairs, Workshop
  • Laundry Type: Main Floor
  • Total Sq Ft: 3814
  • Living Area Sq Ft: 3814
  • Price Per Sq Ft: 1264.64
  • Above Grade Finished Sq Ft: 3159
  • Below Grade Finished Sq Ft: 655
  • Total Below Grade Sq Ft: 655
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar
  • Construction Completed: Yes
  • Exterior Features: Exterior Lighting
  • Roof: Architectural Shingle
  • View: Bay, City, Garden/Lawn, Scenic Vista, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Severn River/Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 26

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Programmable Thermostat, Zoned, Solar On Grid
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Programmable Thermostat, Zoned, Solar - Active
  • Heating: Yes
  • Hot Water: Electric, Solar
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Fiber Optic

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Efficiency: Appliances, Construction, Hvac
  • Green Power: Pv Solar Array(s) Owned
  • Clean Green Assessed: No
  • Green Sustainability: Reclaimed Wood
  • Green Remarks: LEED Platinum certified SunPower photovoltaic system and SunPower SunVault storage system

Lot Info

  • Fencing: Picket
  • Improvement Assessed Value: 540100.00
  • Land Assessed Value: 1131100.00
  • Lot Features: Landscaping, Level, Premium, Rear Yard
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Outdoor Living Structures: Deck(s), Porch(es), Balconies- Multiple
  • Property Condition: Excellent
  • Zoning: C2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15315485
  • Tax Annual Amount: 23268.00
  • Assessor Parcel Number: 020600005714503
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Mar 2, 2023
Sold by
Jeffrey W Eckel Revocable Trust
Bought by
Mcpherson Scott W and Mcpherson Julie Mann
Seller's Agent
Brad Kappel
TTR Sotheby's International Realty
Buyer's Agent
Brad Kappel
TTR Sotheby's International Realty
List Price
$5,300,000
Sold Price
$3,675,000
Premium/Discount to List
-$1,625,000
-30.66%
Views
125
Current Estimated Value
$3,366,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$308,620
Avg. Annual Appreciation
-3.13%
Original Mortgage
$2,675,000
Outstanding Balance
$2,573,398
Interest Rate
5.05%
Mortgage Type
New Conventional
Estimated Equity
$792,982

Purchase Details

Closed on
Oct 12, 2020
Sold by
The Jeffrey W Eckel Revocable Trust
Bought by
Eckel Jeffrey W and Eckel Kristyn Kuhn

Purchase Details

Closed on
Mar 29, 2019
Sold by
Moyer Ellen
Bought by
The Jeffrey W Eckel Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcpherson Scott W $3,675,000 Eagle Title
Eckel Jeffrey W -- Accommodation
The Jeffrey W Eckel Revocable Trust $1,544,000 Church Circle T&E Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcpherson Scott W $2,675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2023 03/02/23 Sold $3,675,000 -8.0% $964 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/03/2023 01/03/23 Price Changed $3,995,000 -10.8% $1,047 / Sq Ft
12/02/2022 12/02/22 Price Changed $4,480,000 -10.0% $1,175 / Sq Ft
10/29/2022 10/29/22 Price Changed $4,980,000 -6.0% $1,306 / Sq Ft
10/21/2022 10/21/22 For Sale $5,300,000 -- $1,390 / 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 $22,632 $2,310,333 -- --
2024 $22,632 $1,990,767 $0 $0
2023 $21,466 $1,671,200 $1,131,100 $540,100
2022 $23,268 $1,651,367 $0 $0
2021 $17,730 $1,258,367 $0 $0
2020 $17,721 $1,256,800 $1,131,100 $125,700
2019 $16,692 $1,182,967 $0 $0
2018 $15,428 $1,109,133 $0 $0
2017 $10,387 $1,035,300 $0 $0
2016 -- $1,024,767 $0 $0
2015 -- $1,014,233 $0 $0
2014 -- $1,003,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2046674

Bright MLS

APN: 06-000-05714503