NOT LISTED FOR SALE

488 Ferry Point Rd Annapolis, MD 21403

Estimated Value: $3,703,000 - $4,332,297

4 Beds
4.5 Baths
5,974 Sq Ft
$673/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $2,250,000 $377 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $23,139/month

Highlights

  • 290 Feet of Waterfront
  • Primary bedroom faces the bay
  • Newly Remodeled
  • Hillsmere Elementary School Rated 9+
  • 1 Dock Slip
  • Fishing Allowed

About This Home

As of April 2019

New luxurious custom waterfront 4 bedroom 4.5 bath built by Del Sesto construction on coveted Crab Creek. Sited on private 4.57 acres with water views. Approximately 5,000 sq. ft. with high end finishes thru out. Open floor plan with walls of windows. Gourmet kitchen with large marble island perfect for entertaining. Open living room with gas fp. Relaxing family room or main floor master bedroom with designer bath. Grand master bedroom suite w/ spa shower & soaking tub. Walk out lower level with recreation room, office, or guest suite. Enjoy tranquil water views from your screened in porch & deck. Boater paradise 5 foot MLW, 290 feet of water frontage, pier, 3 car garage & fenced side yard. Private setting & close in for commuters.

Last Agent to Sell the Property

Teresa Klem

(443) 223-1364 teresa@goannapolis.com Long & Foster Real Estate, Inc. License #524738 Listed on: 03/15/2019

Long & Foster Real Estate, Inc.

Co-Listed By

Liz Abele

(202) 550-3222 elizabeth.abele@longandfoster.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Pamela Tierney

(443) 822-9079 ptierney@lnf.com Coldwell Banker Realty License #585041

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,205

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 4.57 Acre Lot
  • 290 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Partially Fenced Property
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Woods

Home Design

  • Transitional Architecture
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Down Draft Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Improved Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Space For Rooms
  • Basement Windows

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Deck

Location

  • Property is near a creek

Schools

  • Hillsmere Elementary School
  • Annapolis Middle School
  • Annapolis High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heat Pump System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Owned Propane
  • Programmable Thermostat
  • 200+ Amp Service
  • Power Generator
  • Water Treatment System
  • Well
  • High-Efficiency Water Heater
  • Water Conditioner is Owned
  • Nitrogen Removal System
  • On Site Septic

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 020200304845720

Community Details

Overview

  • No Home Owners Association
  • Built by Del Sesto Construction
  • Arbutus Banks Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,205

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2018
  • Remarks Public: New luxurious custom waterfront 4 bedroom 4.5 bath built by Del Sesto construction on coveted Crab Creek. Sited on private 4.57 acres with water views. Approximately 5,000 sq. ft. with high end finishes thru out. Open floor plan with walls of windows. Gourmet kitchen with large marble island perfect for entertaining. Open living room with gas fp. Relaxing family room or main floor master bedroom with designer bath. Grand master bedroom suite w/ spa shower & soaking tub. Walk out lower level with recreation room, office, or guest suite. Enjoy tranquil water views from your screened in porch & deck. Boater paradise 5 foot MLW, 290 feet of water frontage, pier, 3 car garage & fenced side yard. Private setting & close in for commuters.
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop - Down Draft, Dishwasher, Dryer - Front Loading, Icemaker, Oven/Range - Gas, Refrigerator, Washer - Front Loading, Water Conditioner - Owned, Water Heater - High-Efficiency, Microwave
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Primary Bedroom - Bay Front, Pantry, Recessed Lighting, Sprinkler System, Walk-In Closet(s), Water Treat System, Wood Floors
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Laundry, Screened Porch
  • Basement: Yes
  • Basement Type: Daylight, Partial, Full, Heated, Improved, Interior Access, Outside Entrance, Space For Rooms, Sump Pump, Walkout Level, Windows
  • Laundry Type: Main Floor
  • Total Sq Ft: 7894
  • Living Area Sq Ft: 5974
  • Price Per Sq Ft: 429.96
  • Above Grade Finished Sq Ft: 5233
  • Below Grade Finished Sq Ft: 741
  • Below Grade Sq Ft: 1920
  • Total Below Grade Sq Ft: 2661
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 488

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Construction Completed: Yes
  • View: Water, Trees/Woods
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Crab Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 290

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Bottled Gas
  • Cooling Type: Ceiling Fan(s), Central A/C, Programmable Thermostat, Heat Pump(s), Zoned
  • Electric Service: 200+ Amp Service, Generator
  • Heating Fuel: Propane - Owned, Electric
  • Heating Type: Forced Air, Heat Pump - Gas Backup, Programmable Thermostat, Zoned
  • Heating: Yes
  • Sewer/Septic System: On Site Septic, Nitrogen Removal System
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: HILLSMERE
  • Middle School: ANNAPOLIS
  • High School: ANNAPOLIS
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140671932
  • School District Source: 3rd Party
  • Elementary School: HILLSMERE
  • High School: ANNAPOLIS
  • Middle Or Junior School: ANNAPOLIS

Green Features

  • Clean Green Assessed: No
  • Green Water Conservation: Efficient Hot Water Distribution

Lot Info

  • Horses: No
  • Fencing: Partially
  • Improvement Assessed Value: 4500.00
  • Land Assessed Value: 1194000.00
  • Land Use Code: 011
  • Lot Features: Landscaping, Level
  • Lot Size Acres: 4.57
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 199069.20
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Year Assessed: 2018
  • Zoning: R1
  • In City Limits: No

Building Info

  • Builder Name: Del Sesto Construction

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15169651
  • Tax Annual Amount: 12205.00
  • Assessor Parcel Number: 020200304845720
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 5233
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 04/30/2019

Multi Family

  • Mean Low Water Feet: 5
  • 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

Closed on
Jul 18, 2024
Sold by
Cootauco Cynthia J
Bought by
Cootauco Cynthia J and Hurdle Hans-Michael Edward
Current Estimated Value
$4,019,074

Purchase Details

Listed on
Mar 15, 2019
Closed on
Apr 30, 2019
Sold by
Milano Madalene
Bought by
Cootauco Cynthia J
Seller's Agent
Teresa Klem
Long & Foster Real Estate, Inc.
Buyer's Agent
Pamela Tierney
Coldwell Banker Realty
List Price
$2,250,000
Sold Price
$2,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%

Purchase Details

Listed on
Feb 16, 2016
Closed on
Jul 5, 2016
Sold by
Hale James and Pittenger Deborah
Bought by
Milano Madelene
Seller's Agent
George Turner
Coldwell Banker Realty
Buyer's Agent
Liz Abele
Long & Foster Real Estate, Inc.
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.97%
Original Mortgage
$134,324
Interest Rate
3.43%

Purchase Details

Listed on
Feb 16, 2016
Closed on
May 9, 2016
Sold by
Hale James Montgomery and Hale Timothy Doster
Bought by
Hale James Montgomery and Hale Timothy Doster
Seller's Agent
George Turner
Coldwell Banker Realty
Buyer's Agent
Liz Abele
Long & Foster Real Estate, Inc.
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2015
Sold by
Hale James Montgomery and Hale Timothy Doster
Bought by
Hale James Montgomery and Hale Timothy Doster
Source: Public Records

Range of Values:

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Average Value
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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
Cootauco Cynthia J -- None Listed On Document
Cootauco Cynthia J -- None Listed On Document
Cootauco Cynthia J $2,250,000 Sage Title Group Llc
Milano Madelene $1,200,000 Homeland Title & Escrow Ltd
Hale James Montgomery -- Attorney
Hale James Montgomery -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Milano Madelene $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $2,250,000 0.0% $377 / Sq Ft
03/16/2019 03/16/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $2,250,000 +87.5% $377 / Sq Ft
07/05/2016 07/05/16 Sold $1,200,000 -4.0% $557 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $1,250,000 -- $580 / 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 $22,964 $2,825,200 -- --
2024 $22,964 $2,403,100 $0 $0
2023 $22,260 $1,981,000 $1,134,000 $847,000
2022 $21,108 $1,964,433 $0 $0
2021 $41,869 $1,947,867 $0 $0
2020 $20,738 $1,931,300 $1,194,000 $737,300
2019 $20,757 $1,931,300 $1,194,000 $737,300
2018 $11,849 $1,168,500 $0 $0
2017 $8,204 $1,341,900 $0 $0
2016 -- $1,286,967 $0 $0
2015 -- $1,303,333 $0 $0
2014 -- $1,248,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA377284

Bright MLS

APN: 02-003-04845720