$525,000
SOLD JUN 27, 2025

5 President Point Dr Unit A1 Annapolis, MD 21403

Eastport Neighborhood
1 Bed
1 Bath
923 Sq Ft
$585/mo HOA Fee

Recently Sold

$569 Per Sq Ft

27% Below List Price

337 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Private Dock Site
  • Clubhouse
  • Primary bedroom faces the bay
  • Private Water Access
  • Stream or River on Lot

About This Home

As of June 2025

First floor 1 Bedroom, 1 Bath condo is a perfect "home away from home" or a great primary residence that is easy to maintain, no outside maintenance worries. This waterfront community "The Point", located on Spa Creek is a water taxi ride to Annapolis to shop, dine, and enjoy all the festivities, events and local Annapolis vibe. Recent upgrades include: new carpet, freshly painted, renovated bathroom and new kitchen appliances. Wood burning fireplace with marble tile, custom built ins, recessed lighting. Waterfront views from every room. Pella sliders in the living room area lead to a covered deck, a perfect spot to relax, unwind catch a view of an amazing sunset. Another nice feature of this condo is a front patio located off the dining area that allows for extra outdoor private space. The community offers many amenities for those that enjoy outdoor lifestyle living. Deep water boat slips, community clubhouse, outdoor pool, tennis/pickleball courts, EV charging, kayak/canoe rack. A short bike ride, walk or water taxi to Annapolis shopping, restaurants and more. Estate Sale - Seller to review all offers - Motivated!!!

Last Agent to Sell the Property

Joanie Hynes

(443) 375-0002 joanie@joaniehynes.com EXP Realty, LLC License #590100 Listed on: 07/10/2024

EXP Realty, LLC

Last Buyer's Agent

Florence Calvert

(443) 995-6625 fcalvert@cbmove.com Coldwell Banker Realty License #67011

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,427

Year Built

  • Built in 1975

Lot Details

  • 400 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Landscaped
  • Property is in excellent condition

HOA Fees

  • $585 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Wood Siding
  • Cedar

Interior Spaces

  • 923 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Replacement Windows
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Primary bedroom faces the bay
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Parking Lot
  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • Private Water Access
  • Private Dock Site
  • Stream or River on Lot
  • Balcony
  • Patio
  • Outdoor Storage
  • Playground

Location

  • Property is near a creek

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020669090000821

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), reserve funds, snow removal, trash, water
  • Low-Rise Condominium
  • Wpm Condos
  • The Point Condo Community
  • President Point Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Party Room

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,427

Year Built

Built in 1975

Lot Details

0

HOA Fees

$585 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 7/10/2024 12:00:00 AM
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Built-In Microwave, Washer/Dryer Stacked, Oven/Range - Electric, Refrigerator, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Marble
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Table Space, Primary Bedroom - Bay Front, Recessed Lighting, Bathroom - Tub Shower, Walk-In Closet(s)
  • Window Features: Replacement, Screens, Sliding
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Foyer, Bedroom 1, Bathroom 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 923
  • Living Area Sq Ft: 923
  • Price Per Sq Ft: 648.97
  • Above Grade Finished Sq Ft: 923
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Cedar, Frame, Wood Siding
  • Exterior Features: Secure Storage, Sidewalks, Tennis Court(s), Street Lights, Play Area
  • View: Water
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Spa Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 400

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: Off Street, Parking Lot

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 584.50
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: WPM
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Club House, Common Grounds, Community Center, Party Room, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Reserve Funds, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Concrete, Fenced, In Ground

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Landscaping, Stream/Creek
  • Outdoor Living Structures: Balcony, Patio(s)
  • Property Condition: Excellent
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Pets: Number Limit, Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7427.00
  • Assessor Parcel Number: 020669090000821
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2025

Multi Family

  • 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

Listed on
Jul 10, 2024
Closed on
Jun 27, 2025
Sold by
Sutherland Gary Edward and Diferdinando Kaitlyn E
Bought by
Maryland Home Place Llc
Seller's Agent
Joanie Hynes
EXP Realty, LLC
Buyer's Agent
Florence Calvert
Coldwell Banker Realty
List Price
$715,000
Sold Price
$525,000
Premium/Discount to List
-$190,000
-26.57%
Views
311
Current Estimated Value
$546,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,311
Avg. Annual Appreciation
9.70%

Purchase Details

Closed on
Mar 26, 1998
Sold by
Taliaferro Francis T
Bought by
Sutherland Gary E

Purchase Details

Closed on
Jun 26, 1989
Sold by
Merkle Frederick W
Bought by
Taliaferro Francis T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
10.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $525,000 Eagle Title
Deed $525,000 Eagle Title
Deed $161,500 --
Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $108,750 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2025 06/27/25 Sold $525,000 -12.4% $569 / Sq Ft
06/13/2025 06/13/25 Pending -- -- --
05/04/2025 05/04/25 Price Changed $599,000 -10.6% $649 / Sq Ft
10/09/2024 10/09/24 Price Changed $670,000 -2.9% $726 / Sq Ft
07/18/2024 07/18/24 Price Changed $690,000 -3.5% $748 / Sq Ft
07/10/2024 07/10/24 For Sale $715,000 -- $775 / 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 $5,641 $581,467 -- --
2024 $5,641 $516,833 $0 $0
2023 $5,226 $452,200 $226,100 $226,100
2022 $5,938 $421,433 $0 $0
2021 $6,728 $390,667 $0 $0
2020 $4,304 $359,900 $179,900 $180,000
2019 $4,269 $358,367 $0 $0
2018 $4,964 $356,833 $0 $0
2017 $3,829 $355,300 $0 $0
2016 -- $355,300 $0 $0
2015 -- $355,300 $0 $0
2014 -- $369,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2088748

Bright MLS

APN: 06-690-90000821