NOT LISTED FOR SALE

416 Adams St Annapolis, MD 21403

Eastport Neighborhood

Estimated Value: $803,000 - $1,133,000

3 Beds
2 Baths
1,523 Sq Ft
$599/Sq Ft Est. Value

Sale Details

Date Sold: October 3, 2022

Last sale price $698,000 $458 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,667 / mo

2 Days on Market

Highlights

  • Second Kitchen
  • No HOA
  • Shed
  • Saltbox Architecture
  • Bathtub with Shower
  • Ceramic Tile Flooring

About This Home

As of October 2022

Investor alert OR primary residence with investor cash flow!!! Rarely available - 2 completely separate apartments with completely separate entrances. Main level apartment is 1 bedroom and 1 bath and upper level apartment is 2 bedroom and 1 bath. Each apartment has its own kitchen and laundry!! The upper level was fully renovated 5 years ago and the lower level was fully renovated 7 years ago. Ideally located within walking distance to everything Eastport and Downtown Annapolis has to offer - you might just become a regular at Vin 909 which is a stone's throw away!! Proforma estimate from iTrip shows $36,300 for the main floor and $40,800 for the upper floor as estimates for annual rental income!! The main level features a quaint porch out front and covered concrete patio out back perfect for rocking chairs The upper level has an oversized maintenance free deck overlooking the backyard. Off street parking is a wonderful bonus along with a brand new oversized maintenance free shed!! Amazing and rare opportunity!! Don't hesitate on this one!!

Last Agent to Sell the Property

Scott Schuetter

(410) 266-0600 annapoliswest@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #617188 Listed on: 08/05/2022

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Scott Schuetter

(410) 266-0600 annapoliswest@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #617188 Listed on: 08/05/2022

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,141

Year Built

  • Built in 1900

Lot Details

  • 4,800 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Saltbox Architecture
  • Vinyl Siding

Interior Spaces

  • 1,523 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Outdoor Features

  • Shed

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Eastport Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020600006977150

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,141

Year Built

Built in 1900

Lot Details

4,800 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Salt Box
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-08-05
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Washer - Front Loading, Washer/Dryer Stacked, Dryer - Front Loading, Oven/Range - Gas
  • Flooring Type: Vinyl, Ceramic Tile, Carpet
  • Interior Amenities: 2nd Kitchen, Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Eat-In, Tub Shower
  • Foundation Details: Crawl Space
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Main Floor, Upper Floor
  • Total Sq Ft: 1523
  • Living Area Sq Ft: 1523
  • Price Per Sq Ft: 458.31
  • Above Grade Finished Sq Ft: 1523
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: EASTPORT
  • High School: ANNAPOLIS
  • Middle Or Junior School: ANNAPOLIS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 74900.00
  • Land Assessed Value: 434800.00
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4800.00
  • Property Condition: Very Good
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15316075
  • Tax Annual Amount: 7141.00
  • Assessor Parcel Number: 020600006977150
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Oct 3, 2022
Sold by
Bought by
Seller's Agent
Scott Schuetter
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Scott Schuetter
Berkshire Hathaway HomeServices PenFed Realty
List Price
$698,000
Sold Price
$698,000
Current Estimated Value
$912,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,007
Avg. Annual Appreciation
7.25%
Original Mortgage
$400,000
Interest Rate
0.0566%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 19, 1990
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$698,000 Atg Title
$97,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $698,000 0.0% $458 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $698,000 -- $458 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,376 $656,033
2024 $8,376 $582,867 $0 $0
2023 $7,319 $509,700 $434,800 $74,900
2022 $7,162 $508,300 $0 $0
2020 $7,128 $505,500 $434,400 $71,100
2019 $7,003 $496,300 $0 $0
2018 $6,776 $487,100 $0 $0
2017 $5,814 $477,900 $0 $0
2016 -- $444,167 $0 $0
2015 -- $435,433 $0 $0
2014 -- $376,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Schuetter

    Seller's Agent in 2022

    Scott Schuetter

    BHHS PenFed (actual)

    (410) 900-7668

    9 in this area

    306 Total Sales

    Scott Schuetter
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Map

Source: Bright MLS

MLS Number: MDAA2041398

Bright MLS

APN: 06-000-06977150

Maryland Anne Arundel County Annapolis 21403 Eastport

416 Adams St, Annapolis, MD

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