NOT LISTED FOR SALE

402 Dreams Landing Way Unit 402 Annapolis, MD 21401

Parole Neighborhood

Estimated Value: $494,000 - $534,000

3 Beds
1.5 Baths
1,196 Sq Ft
$426/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $378,000 $316 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,604/month

168 Days on Market

Highlights

  • 5 Dock Slips
  • Water Views
  • Fitness Center
  • West Annapolis Elementary School Rated A-
  • Pier
  • Colonial Architecture

About This Home

As of April 2017

Enjoy living in Dreams Landing waterfront community on the Severn River. Boat slip conveys with house. community has a private marina w/ private slips, pool, clubhouse and deck. Remodeled kitchen with granite counter tops,new cabinets,new appliances, stranded bamboo hardwood floors.New sub flooring, New washer/dryer, New HVAC. New carpet, new roof, new skylight, freshly painted. HMS Home Warranty.

Last Agent to Sell the Property

Donieta Kneessi

Kneessi Elite Realty LLC. Listed on: 09/07/2016

Last Buyer's Agent

Missy Selick

Long & Foster Real Estate, Inc. License #656519

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,679

Year Built

  • Built in 1936

Lot Details

  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $458 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,196 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Window Treatments
  • Living Room
  • Wood Flooring
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Parking

  • Rented or Permit Required
  • Unassigned Parking

Outdoor Features

  • Pier
  • Water Oriented
  • River Nearby
  • 5 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Baseboard Heating
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 020222703530221
  • $1,100 Front Foot Fee per year

Community Details

Overview

  • Association fees include insurance, parking fee, pier/dock maintenance, pool(s), reserve funds
  • Dreams Landing Community
  • Dreams Landing Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Storage Space

Recreation

  • Boat Dock
  • Pier or Dock
  • Fitness Center
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,679

Year Built

Built in 1936

Lot Details

0

HOA Fees

$458 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1936
  • Remarks Public: Enjoy living in Dreams Landing waterfront community on the Severn River. Boat slip conveys with house. community has a private marina w/ private slips, pool, clubhouse and deck. Remodeled kitchen with granite counter tops,new cabinets,new appliances, stranded bamboo hardwood floors.New sub flooring, New washer/dryer, New HVAC. New carpet, new roof, new skylight, freshly painted. HMS Home Warranty.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer - Front Loading
  • Interior Amenities: Kitchen - Table Space, Window Treatments, Upgraded Countertops, Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: Townhouse
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1196
  • Living Area Sq Ft: 1196
  • Price Per Sq Ft: 326.00
  • Above Grade Finished Sq Ft: 1196
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • View: Water
  • Water Access: No
  • Water Body Name: SEVERN RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required, Unassigned

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Programmable Thermostat
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 458.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Club House, Common Grounds, Exercise Room, Extra Storage, Pier/Dock, Picnic Area, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Insurance, Parking Fee, Pier/Dock Maintenance, Pool(s), Reserve Funds
  • HOA Condo Co-Op Rules: Covenants
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932

Lot Info

  • Improvement Assessed Value: 106000.00
  • Land Assessed Value: 275000.00
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: MA1

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Front Foot Fee: 1100.00
  • Mean Low Water Feet: 3
  • Waterfront Features: Private Dock Site

Tax Info

  • Assessor Parcel Number: 15178762
  • Tax Annual Amount: 3678.93
  • Assessor Parcel Number: 020222703530221
  • Tax Total Finished Sq Ft: 972
  • Tax Year: 2014
  • Close Date: 04/14/2017

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2024
Sold by
Henkle Michelle E
Bought by
Parsons Michael L
Current Estimated Value
$508,338

Purchase Details

Closed on
Mar 8, 2021
Sold by
Henkle Michelle E
Bought by
Henkle Michelle E and The Michelle E Henkle Living T

Purchase Details

Listed on
Sep 7, 2016
Closed on
Apr 14, 2017
Sold by
Sheerin Alison L
Bought by
Henkle Michelle E
Seller's Agent
Donieta Kneessi
Kneessi Elite Realty LLC.
Buyer's Agent
Missy Selick
Long & Foster Real Estate, Inc.
List Price
$399,900
Sold Price
$378,000
Premium/Discount to List
-$21,900
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%

Purchase Details

Closed on
Mar 30, 2012
Sold by
Watts Andrew Fielding and Watts Gabriel David
Bought by
Sheerin Alison L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,395
Interest Rate
2.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2007
Sold by
Watts Donald T
Bought by
Watts Nancy M and Watts Gabriel D

Purchase Details

Closed on
Apr 9, 2007
Sold by
Watts Donald T
Bought by
Watts Nancy M and Watts Gabriel D

Purchase Details

Closed on
Feb 5, 2007
Sold by
Watts Donald T
Bought by
Watts Donald T

Purchase Details

Closed on
Jul 5, 2000
Sold by
Watts Donald T
Bought by
Watts Donald T

Purchase Details

Closed on
Sep 20, 1995
Sold by
Effken Theodore F
Bought by
Watts Donald T

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
7.81%

Purchase Details

Closed on
Sep 15, 1995
Sold by
Effken Theodore F
Bought by
Watts Donald T

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
7.81%
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
Henkle Michelle E -- None Available
Henkle Michelle E $378,000 Sage Title Group Llc
Sheerin Alison L $300,000 Quiet Title Llc
Watts Nancy M -- --
Watts Nancy M -- --
Watts Donald T -- --
Watts Donald T -- --
Watts Donald T $140,000 --
Watts Donald T $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheerin Alison L $5,000
Previous Owner Sheerin Alison L $292,395
Previous Owner Watts Donald T $100,000
Closed Watts Donald T --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $378,000 -3.1% $316 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
10/27/2016 10/27/16 Price Changed $389,900 -1.3% $326 / Sq Ft
09/15/2016 09/15/16 Price Changed $394,900 -1.3% $330 / Sq Ft
09/07/2016 09/07/16 For Sale $399,900 -- $334 / 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 $4,050 $403,367 $0 $0
2023 $3,962 $397,833 $0 $0
2022 $4,100 $392,300 $285,000 $107,300
2021 $1,873 $371,200 $0 $0
2020 $3,552 $350,100 $0 $0
2019 $3,471 $329,000 $225,000 $104,000
2018 $942 $329,000 $225,000 $104,000
2017 $3,947 $329,000 $0 $0
2016 $942 $381,000 $0 $0
2015 $942 $350,733 $0 $0
2014 -- $320,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002479540

Bright MLS

APN: 02-227-03530221