NOT LISTED FOR SALE

5 President Point Dr Unit A2 Annapolis, MD 21403

Eastport Neighborhood

Estimated Value: $512,000 - $765,000

1 Bed
1 Bath
923 Sq Ft
$422/mo HOA Fee

Last Sold April 17, 2019

Last sale price $475,000 $515 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,294/month

127 Days on Market

Highlights

  • Boat Ramp
  • Water Views
  • Home fronts navigable water
  • 5 Dock Slips
  • Boat or Launch Ramp
  • Canoe or Kayak Water Access

About This Home

As of April 2019

**This fantastic one bedroom condo offers spectacular views of Spa Creek & Historic Annapolis from every room in the unit and balcony! Features a gourmet kitchen, FP, remodeled bathrooms & parquet hardwood floors! Stroll, kayak or water taxi to downtown Annapolis shops & restaurants! Community pool, tennis court, club room, kayak racks and available deep water boat slips. Vacation all year round!*

Last Agent to Sell the Property

Monique Ligthart

(443) 995-3942 aacountyrealtor@gmail.com Coldwell Banker Realty Listed on: 11/02/2018

Coldwell Banker Realty

Last Buyer's Agent

Maggie Richards

(505) 400-7659 maggie.waysongroup@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #638896

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,622

Year Built

  • Built in 1975

Lot Details

  • Home fronts navigable water
  • Creek or Stream

HOA Fees

  • $422 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 923 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • 1 Fireplace
  • Water Views

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Canoe or Kayak Water Access
  • Private Water Access
  • Swimming Allowed
  • Boat or Launch Ramp
  • 5 Dock Slips
  • Physical Dock Slip Conveys
  • Shared Waterfront
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted

Location

  • Property is near a creek

Schools

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

Utilities

  • Heat Pump System
  • 120/240V
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020669090000822

Community Details

Overview

  • Association fees include pool(s), snow removal, pier/dock maintenance
  • Low-Rise Condominium
  • The Point Community
  • The Point Condo Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Common Area
  • Meeting Room
  • Party Room
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Mooring Area
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing Allowed
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,622

Year Built

Built in 1975

Lot Details

0

HOA Fees

$422 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-11-02
  • Federal Flood Zone: No
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Washer, Oven/Range - Electric, Microwave, Refrigerator, Water Heater
  • Interior Amenities: Kitchen - Gourmet, Primary Bath(s), Upgraded Countertops, Floor Plan - Traditional
  • Fireplace Features: Equipment
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 923
  • Living Area Sq Ft: 923
  • Price Per Sq Ft: 525.46
  • 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
  • Construction Materials: Brick
  • Dock Type: Multiple Slip
  • View: Water
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Swimming Allowed, Boat - Powered, Private Access
  • Water Access: Yes
  • Water Body Name: SPA CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: 120/240V
  • 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: 421.94
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Ramp, Boat Dock/Slip, Exercise Room, Pool - Outdoor, Picnic Area, Pier/Dock, Swimming Pool, Tennis Courts, Party Room, Mooring Area, Meeting Room, Jog/Walk Path, Hot Tub, Fitness Center, Extra Storage, Common Grounds
  • HOA Condo Co-Op Fee Includes: Pool(s), Snow Removal, Pier/Dock Maintenance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants
  • 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

Lot Info

  • Improvement Assessed Value: 180000.00
  • Land Assessed Value: 179900.00
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15322926
  • Tax Annual Amount: 4622.10
  • Assessor Parcel Number: 020669090000822
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017

Multi Family

  • Dock Slip Conveyance: First Come - First Served
  • Waterfront Features: Shared, Boat/Launch Ramp, 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
Nov 2, 2018
Closed on
Apr 17, 2019
Sold by
Sell Blake P
Bought by
Helfer James M
Seller's Agent
Monique Ligthart
Coldwell Banker Realty
Buyer's Agent
Maggie Richards
Berkshire Hathaway HomeServices PenFed Realty
List Price
$520,000
Sold Price
$475,000
Premium/Discount to List
-$45,000
-8.65%
Current Estimated Value
$632,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,252
Avg. Annual Appreciation
4.41%
Original Mortgage
$380,000
Outstanding Balance
$334,760
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$297,492

Purchase Details

Closed on
May 24, 2004
Sold by
Bialek Louise
Bought by
Sell Blake P
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

Date Buyer Sale Price Title Company
Helfer James M $475,000 Eagle Title Llc
Sell Blake P $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helfer James M $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2019 04/17/19 Sold $475,000 -2.1% $515 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
03/06/2019 03/06/19 Price Changed $485,000 -2.8% $525 / Sq Ft
12/14/2018 12/14/18 Price Changed $499,000 -4.0% $541 / Sq Ft
11/02/2018 11/02/18 For Sale $520,000 -- $563 / 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 $6,515 $581,467 -- --
2024 $6,515 $516,833 $0 $0
2023 $6,082 $452,200 $226,100 $226,100
2022 $5,675 $421,433 $0 $0
2021 $10,746 $390,667 $0 $0
2020 $5,075 $359,900 $179,900 $180,000
2019 $5,057 $358,367 $0 $0
2018 $4,964 $356,833 $0 $0
2017 $4,651 $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: 1008896452

Bright MLS

APN: 06-690-90000822