Seller's Agent in 2022
Brad Kappel
TTR Sotheby's International Realty
(410) 279-9476
46 in this area
416 Total Sales
422 First St Annapolis, MD 21403
Eastport NeighborhoodEstimated Value: $657,146 - $1,055,000
2
Beds
1.5
Baths
1,094
Sq Ft
$744/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Premium Lot
- No HOA
- Deck
- 1 Fireplace
- 2-minute walk to Horn Point Park
About This Home
As of June 2022This is a great opportunity to purchase a wonderful property located in the heart of the Eastport peninsula. This charming duplex, Unit 422, with off-street parking features 2 bedrooms, 1.5 baths, living room with fireplace and glass sliders to backyard deck, formal dining room, kitchen, and washer/dryers in the unit. The highly coveted off-street parking space is a rare find. This is the perfect location for a permanent residence or weekend retreat or rent it out as a VRBO or Airbnb vacation rental home to generate income all year long. Stroll the artful and nautical streets to amenities like; five-star restaurants, pubs and city parks with hidden treasures. Not to mention you are merely steps away from downtown Annapolis and Naval Academy by either walking across the Spa Creek drawbridge or motoring in the water taxi. From this location, you are also close to some of the Bay's best cruising and fishing areas. Attractive destinations such as Baltimore's Inner Harbor, St. Michael's, Oxford, and Solomon's Island are only a short cruise away. 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. The duplex is currently rented. Rent-roll available upon request and short-term rental proforma attached in documents. Don't let this opportunity slip away!
Last Agent to Sell the Property
(410) 280-5600 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty Listed on: 03/14/2022
Co-Listed By
Bonnie Parks
(410) 280-5600 bonnie.parks@sothebysrealty.com TTR Sotheby's International Realty
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $6,948
Year Built
- Built in 1965
Lot Details
- 5,445 Sq Ft Lot
- Downtown Location
- Level Lot
- Back Yard
- Additional Parcels
Home Design
- Semi-Detached or Twin Home
- Colonial Architecture
- Vinyl Siding
Interior Spaces
- 1,094 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- 1 Fireplace
- Home Security System
Kitchen
- Electric Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 1 Parking Space
- 1 Driveway Space
- On-Street Parking
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 020600090029416
Community Details
Overview
- No Home Owners Association
- Eastport Subdivision, Charming Eastport Duplex Floorplan
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2022
Closed on
Jun 24, 2022
Sold by
Parks Bonnita A
Bought by
Caswell Kyle Jay and Caswell Christina
Seller's Agent
Brad Kappel
TTR Sotheby's International Realty
Buyer's Agent
Rachel Gontkovic
EXP Realty, LLC
List Price
$1,595,000
Sold Price
$635,000
Premium/Discount to List
-$960,000
-60.19%
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
$178,787
Avg. Annual Appreciation
6.95%
Original Mortgage
$415,000
Outstanding Balance
$394,284
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$419,503
Purchase Details
Closed on
Nov 21, 1980
Bought by
Parks Bonnita A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
14.28%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Caswell Kyle Jay | $635,000 | Sage Title | |
| Parks Bonnita A | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Caswell Kyle Jay | $415,000 | |
| Previous Owner | Parks Bonnita A | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/24/2022 06/24/22 | Sold | $635,000 | -9.2% | $580 / Sq Ft |
| 05/23/2022 05/23/22 | Pending | -- | -- | -- |
| 05/13/2022 05/13/22 | Price Changed | $699,000 | -50.9% | $639 / Sq Ft |
| 04/14/2022 04/14/22 | Price Changed | $1,425,000 | -10.7% | $1,303 / Sq Ft |
| 03/14/2022 03/14/22 | For Sale | $1,595,000 | 0.0% | $1,458 / Sq Ft |
| 10/05/2020 10/05/20 | Rented | $2,200 | 0.0% | -- |
| 10/03/2020 10/03/20 | Under Contract | -- | -- | -- |
| 09/12/2020 09/12/20 | Price Changed | $2,200 | +10.0% | $2 / Sq Ft |
| 08/07/2020 08/07/20 | For Rent | $2,000 | +2.6% | -- |
| 03/01/2019 03/01/19 | Rented | $1,950 | 0.0% | -- |
| 02/06/2019 02/06/19 | Under Contract | -- | -- | -- |
| 12/04/2018 12/04/18 | For Rent | $1,950 | +2.6% | -- |
| 06/01/2015 06/01/15 | Rented | $1,900 | 0.0% | -- |
| 05/06/2015 05/06/15 | Under Contract | -- | -- | -- |
| 05/01/2015 05/01/15 | For Rent | $1,900 | +8.6% | -- |
| 07/01/2013 07/01/13 | Rented | $1,750 | -5.4% | -- |
| 05/31/2013 05/31/13 | Under Contract | -- | -- | -- |
| 05/21/2013 05/21/13 | For Rent | $1,850 | +5.7% | -- |
| 09/15/2012 09/15/12 | Rented | $1,750 | -7.9% | -- |
| 09/13/2012 09/13/12 | Under Contract | -- | -- | -- |
| 07/16/2012 07/16/12 | For Rent | $1,900 | -- | -- |
Source: Bright MLS
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 | $8,089 | $639,200 | -- | -- |
| 2024 | $8,089 | $583,300 | $0 | $0 |
| 2023 | $7,573 | $527,400 | $432,900 | $94,500 |
| 2022 | $7,190 | $510,300 | $0 | $0 |
| 2020 | $6,713 | $476,100 | $407,900 | $68,200 |
| 2019 | $6,561 | $465,000 | $0 | $0 |
| 2018 | $6,314 | $453,900 | $0 | $0 |
| 2017 | $5,610 | $442,800 | $0 | $0 |
| 2016 | -- | $428,567 | $0 | $0 |
| 2015 | -- | $414,333 | $0 | $0 |
| 2014 | -- | $400,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Kappel
-
B
Seller Co-Listing Agent in 2022
Bonnie Parks
TTR Sotheby's International Realty
-
Rachel Gontkovic
Buyer's Agent in 2022
Rachel Gontkovic
EXP Realty, LLC
(410) 271-6246
4 in this area
137 Total Sales
-
Minnie Ramirez
Seller Co-Listing Agent in 2020
Minnie Ramirez
TTR Sotheby's International Realty
(410) 271-1714
2 in this area
15 Total Sales
-
Thomas Marryott
Buyer's Agent in 2019
Thomas Marryott
Century 21 New Millennium
(443) 994-4201
33 Total Sales
-
M
Buyer's Agent in 2015
Mark Murphy
TTR Sotheby's International Realty
Map
Source: Bright MLS
MLS Number: MDAA2025824
APN: 06-000-90029416
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