Seller's Agent in 2024
Brad Kappel
TTR Sotheby's International Realty
(410) 279-9476
44 in this area
414 Total Sales
4 President Point Dr Unit B1 Annapolis, MD 21403
Eastport NeighborhoodEstimated Value: $883,810 - $1,051,000
2
Beds
2
Baths
1,260
Sq Ft
$690/mo
HOA Fee
Highlights
- Pier or Dock
- Canoe or Kayak Water Access
- Eat-In Gourmet Kitchen
- Home fronts navigable water
- Fishing Allowed
- Panoramic View
About This Home
As of November 2024Enjoy a hassle-free waterfront lifestyle at The Point on Spa Creek, where this stunning entry floor residence offers exceptionally easy living with picturesque sunset views overlooking Historic Annapolis and Spa Creek. This spacious, no-step condo features beautifully appointed rooms and is just steps away from the clubhouse, pool, dock, and scenic walking paths. The numerous upgrades enhance and ensure modern comfort and style throughout. The expansive gourmet kitchen was updated in 2014 with granite countertops and stainless steel appliances, including a new dishwasher in 2022. The HVAC system and electronic thermostat were replaced in 2018 along with the addition of the durable and stylish luxury vinyl plank flooring. Sliding doors and windows were upgraded in 2014, providing enhanced energy efficiency and framing the panoramic views. Enjoy the two covered decks—front and back—perfect for relaxing while taking in the tranquil surroundings. The primary bathroom was beautifully renovated in 2017, along with a fresh update to the bedroom and custom closet organizers. The hall bath received a makeover in 2014. A dining room renovation was completed in 2018 with charming board and batten wainscoting. This vibrant community offers a wealth of amenities and residents enjoy direct access to Spa Creek, including deep-water boat slips and two water-taxi locations for easy trips to Downtown Annapolis. The waterfront pool and deck, complete with a hot tub, are ideal for relaxation, while the clubhouse can be rented for private events. Other community features include tennis and pickleball courts, EV auto chargers, and a kayak/canoe launch with a convenient rack. Social gatherings and a monthly newsletter keep residents connected, while pet-friendly policies ensure all family members are welcome. A dedicated property maintenance supervisor and ample parking make life here seamless and enjoyable. Welcome Home!
Last Agent to Sell the Property
(410) 279-9476 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty Listed on: 10/25/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,302
Year Built
- Built in 1975
Lot Details
- Home fronts navigable water
- Creek or Stream
- Backs To Open Common Area
- Landscaped
- Property is in very good condition
HOA Fees
- $690 Monthly HOA Fees
Parking
- Parking Lot
Property Views
- Panoramic
- Scenic Vista
- Creek or Stream
Home Design
- Contemporary Architecture
- Entry on the 1st floor
Interior Spaces
- 1,260 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Built-In Features
- Crown Molding
- Wainscoting
- Ceiling Fan
- Recessed Lighting
- Window Treatments
- Family Room Off Kitchen
- Dining Area
- Luxury Vinyl Plank Tile Flooring
Kitchen
- Eat-In Gourmet Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Accessible Home Design
- No Interior Steps
- Entry Slope Less Than 1 Foot
Outdoor Features
- Poolside Lot
- Canoe or Kayak Water Access
- Private Water Access
- Lake Privileges
- Balcony
- Deck
Location
- Property is near a creek
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 020669090000817
Community Details
Overview
- Association fees include all ground fee, common area maintenance, management, pier/dock maintenance, pool(s), recreation facility, reserve funds, snow removal, trash, water
- Low-Rise Condominium
- The Point Condo Community
- The Point Condo Subdivision
Amenities
- Common Area
- Clubhouse
Recreation
- Pier or Dock
- 1 Community Docks
- Tennis Courts
- Community Pool or Spa Combo
- Fishing Allowed
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2024
Closed on
Nov 15, 2024
Sold by
Jeffrey Stephen Gemunder Revocable Trust and Anne Marie Gemunder Revocable Trust
Bought by
Roland And Lisa Medrano Trust and Medrano
Seller's Agent
Brad Kappel
TTR Sotheby's International Realty
Buyer's Agent
Megan Koppe
Compass
List Price
$1,095,000
Sold Price
$990,000
Premium/Discount to List
-$105,000
-9.59%
Views
59
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
-$8,047
Avg. Annual Appreciation
-0.78%
Purchase Details
Closed on
Nov 16, 2023
Sold by
Gemunder Jeffrey S and Gemunder Anne Marie
Bought by
Jeffrey Stephen Gemunder Revocable Trust and Gemunder
Purchase Details
Listed on
Apr 5, 2013
Closed on
Jun 27, 2013
Sold by
Wright John H
Bought by
Gemunder Jeffrey S and Gemunder Anne Marie
Seller's Agent
George Turner
Coldwell Banker Realty
Buyer's Agent
Kathy McMillan
Coldwell Banker Realty
List Price
$520,000
Sold Price
$481,000
Premium/Discount to List
-$39,000
-7.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$417,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 28, 2004
Sold by
Croucher Arthur R
Bought by
Wright John H
Purchase Details
Closed on
May 27, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Croucher Arthur R
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 |
|---|---|---|---|
| Roland And Lisa Medrano Trust | $990,000 | Universal Title | |
| Roland And Lisa Medrano Trust | $990,000 | Universal Title | |
| Jeffrey Stephen Gemunder Revocable Trust | -- | None Listed On Document | |
| Gemunder Jeffrey S | $481,000 | Title Resources Guaranty Co | |
| Wright John H | $562,000 | -- | |
| Croucher Arthur R | $172,500 | -- | |
| Federal Home Loan Mortgage Corporation | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gemunder Jeffrey S | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $990,000 | -9.6% | $786 / Sq Ft | |
| 10/30/2024 10/30/24 | Pending | -- | -- | -- | |
| 10/25/2024 10/25/24 | For Sale | $1,095,000 | +127.7% | $869 / Sq Ft | |
| 06/26/2013 06/26/13 | Sold | $481,000 | -7.5% | $382 / Sq Ft | View Prior Sale |
| 05/11/2013 05/11/13 | Pending | -- | -- | -- | |
| 04/05/2013 04/05/13 | For Sale | $520,000 | -- | $413 / 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 | $9,303 | $683,700 | -- | -- |
| 2024 | $9,303 | $647,400 | $0 | $0 |
| 2023 | $8,775 | $611,100 | $305,500 | $305,600 |
| 2022 | $8,610 | $611,100 | $305,500 | $305,600 |
| 2021 | $8,610 | $611,100 | $305,500 | $305,600 |
| 2020 | $5,075 | $611,100 | $305,500 | $305,600 |
| 2019 | $8,030 | $569,100 | $0 | $0 |
| 2018 | $7,332 | $527,100 | $0 | $0 |
| 2017 | $6,350 | $485,100 | $0 | $0 |
| 2016 | -- | $485,100 | $0 | $0 |
| 2015 | -- | $485,100 | $0 | $0 |
| 2014 | -- | $485,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Kappel
-
Megan Koppe
Buyer's Agent in 2024
Megan Koppe
Compass
(301) 367-2621
2 in this area
40 Total Sales
-
George Turner
Seller's Agent in 2013
George Turner
Coldwell Banker (NRT-Southeast-MidAtlantic)
(410) 280-0000
4 in this area
27 Total Sales
-
J
Seller Co-Listing Agent in 2013
Joan Adrian
Coldwell Banker (NRT-Southeast-MidAtlantic)
-
Kathy McMillan
Buyer's Agent in 2013
Kathy McMillan
Coldwell Banker (NRT-Southeast-MidAtlantic)
(443) 223-5500
1 in this area
16 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2096826
APN: 06-690-90000817
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