NOT LISTED FOR SALE

5 Maryland Ave Unit 7 Annapolis, MD 21401

Downtown Annapolis Neighborhood

Estimated Value: $315,000 - $462,000

1 Bed
1 Bath
813 Sq Ft
$416/mo HOA Fee

Last Sold July 14, 2023

Last sale price $325,000 $400 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,973/month

Highlights

  • Colonial Architecture
  • Dogs and Cats Allowed
  • Heating Available

About This Home

As of July 2023

This home is located at 5 Maryland Ave Unit 7, Annapolis, MD 21401 since 12 July 2023 and is currently estimated at $379,776, approximately $467 per square foot. This property was built in 1880. 5 Maryland Ave Unit 7 is a home located in Anne Arundel County with nearby schools including Annapolis Elementary School, Wiley H. Bates Middle School, and Annapolis High School.

Last Agent to Sell the Property

Phil Gerdes

Real Broker, LLC - Annapolis License #0225261065 Listed on: 07/12/2023

Real Broker, LLC - Annapolis

Last Buyer's Agent

Phil Gerdes

Real Broker, LLC - Annapolis License #0225261065 Listed on: 07/12/2023

Real Broker, LLC - Annapolis

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,504

Year Built

  • Built in 1880

Lot Details

  • 828

HOA Fees

  • $416 Monthly HOA Fees

Home Design

  • Colonial Architecture

Interior Spaces

  • 813 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 020601390043802

Community Details

Overview

  • Low-Rise Condominium
  • Admiral Terry Condo Community
  • Admiral Terry Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,504

Year Built

Built in 1880

Lot Details

0

HOA Fees

$416 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 3
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 813
  • Living Area Sq Ft: 813
  • Price Per Sq Ft: 399.75
  • Above Grade Finished Sq Ft: 813
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 416.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Year Assessed: 2023
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4504.00
  • Assessor Parcel Number: 020601390043802
  • Tax Total Finished Sq Ft: 813
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/14/2023

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Jul 14, 2023
Sold by
Kurtz Jonathan D and Kurtz Jerome H
Bought by
Garrison Mark
Seller's Agent
Phil Gerdes
Real Broker, LLC - Annapolis
Buyer's Agent
Phil Gerdes
Real Broker, LLC - Annapolis
List Price
$325,000
Sold Price
$325,000
Total Days on Market
0
Views
6
Current Estimated Value
$379,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,776
Avg. Annual Appreciation
8.59%
Original Mortgage
$292,500
Outstanding Balance
$284,804
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$94,972

Purchase Details

Closed on
Dec 11, 1986
Sold by
Equity Fund Prop
Bought by
Kurtz Jonathan D and Kurtz Jerome H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
9.3%
Source: Public Records

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Range of Values:

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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
Garrison Mark $325,000 Mid-Maryland Title
Kurtz Jonathan D $97,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrison Mark $292,500
Previous Owner Kurtz Jonathan D $100,000
Previous Owner Kurtz Jonathan D $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $325,000 0.0% $400 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $325,000 -- $400 / 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 $5,100 $354,933 $0 $0
2023 $5,019 $349,500 $174,700 $174,800
2022 $4,505 $319,700 $0 $0
2021 $4,085 $289,900 $0 $0
2020 $3,667 $260,100 $130,000 $130,100
2019 $3,594 $254,700 $0 $0
2018 $3,468 $249,300 $0 $0
2017 $2,838 $243,900 $0 $0
2016 -- $216,800 $0 $0
2015 -- $189,700 $0 $0
2014 -- $162,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Phil Gerdes

    Seller's Agent in 2023

    Phil Gerdes

    Real Broker, LLC - Annapolis

    (443) 694-7366

    7 in this area

    666 Total Sales

    Phil Gerdes
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDAA2064768

Bright MLS

APN: 06-013-90043802

Maryland Anne Arundel County Annapolis 21401 Downtown Annapolis

5 Maryland Ave Unit 7, Annapolis, MD

This home is located at 5 Maryland Ave Unit 7, Annapolis, MD 21401 since 12 July 2023 and is currently estimated at $379,776, approximately $467 per square foot. This property was built in 1880. 5 Maryland Ave Unit 7 is a home located in Anne Arundel County with nearby schools including Annapolis Elementary School, Wiley H. Bates Middle School, and Annapolis High School.

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