NOT LISTED FOR SALE

5 Spa Creek Landing Unit B1 Annapolis, MD 21403

Eastport Neighborhood

Estimated Value: $762,741 - $819,000

2 Beds
2 Baths
1,298 Sq Ft
$522/mo HOA Fee

Last Sold September 15, 2016

Last sale price $475,000 $366 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,263/month

42 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 5 Dock Slips
  • Private Pool
  • Marina
  • Pier
  • Gated Community

About This Home

As of September 2016

It all about the walk out level and the water view. Original owners & first time for sale. This lovely condo has had recent improvements to the baths. Everything is easily accessible from this condo. It s the only unit with deeded steps off the deck to the oyster path leading to the creek, pier, & pool. A shaded bench provides a resting area for the water taxi to take you downtown.or walk to town

Last Agent to Sell the Property

Betsy Dunigan

(443) 994-1239 bdunigan@ttrsir.com TTR Sotheby's International Realty License #520991 Listed on: 06/15/2016

TTR Sotheby's International Realty

Last Buyer's Agent

Connie Cadwell

(410) 693-1705 connie@conniecadwell.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,601

Year Built

  • Built in 1983 | Remodeled in 2015

Lot Details

  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Property is in very good condition

HOA Fees

  • $522 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1,298 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Water Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Pier
  • Water Access
  • River Nearby
  • Available By Lease
  • Dock has a Storage Area
  • 5 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Shared Waterfront
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020680990035356

Community Details

Overview

  • Association fees include cable TV, exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, insurance, pier/dock maintenance, reserve funds, road maintenance, sewer, snow removal, trash, security gate
  • Low-Rise Condominium
  • Built by PEARSON
  • Shearwater Community
  • Shearwater Condo Subdivision
  • The community has rules related to covenants, parking rules

Amenities

  • Common Area
  • Community Center
  • Party Room
  • Community Storage Space

Recreation

  • Boat Dock
  • Pier or Dock
  • Marina
  • Tennis Courts
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,601

Year Built

Built in 1983 | Remodeled in 2015

Lot Details

0

HOA Fees

$522 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1983
  • Year Renovated: 2015
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Kitchen/Dining, Floor Plan - Open, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1298
  • Living Area Sq Ft: 1298
  • Price Per Sq Ft: 384.44
  • Above Grade Finished Sq Ft: 1298
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Cedar
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Roof: Asphalt
  • View: Water
  • Water Access: Yes
  • Water Body Name: SPA CREEK
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

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

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 521.59
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Community Center, Extra Storage, Gated Community, Jog/Walk Path, Marina/Marina Club, Party Room, Pier/Dock, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Cable Tv, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Insurance, Pier/Dock Maintenance, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Security Gate
  • HOA Condo Co-Op Rules: Covenants, Parking, Pets - Allowed, Restrictions
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 188200.00
  • Land Assessed Value: 188200.00
  • Property Condition: Very Good
  • In City Limits: Yes

Building Info

  • Builder Name: PEARSON

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15323704
  • Tax Annual Amount: 4600.75
  • Assessor Parcel Number: 020680990035356
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: Available By Lease
  • Waterfront Features: Private Dock Site, Shared

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2016
Closed on
Sep 14, 2016
Sold by
Smith Robert B and Smith Geraldine W
Bought by
Kramer Sally C
Seller's Agent
Betsy Dunigan
TTR Sotheby's International Realty
Buyer's Agent
Connie Cadwell
Coldwell Banker Realty
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Current Estimated Value
$783,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,185
Avg. Annual Appreciation
5.57%
Original Mortgage
$356,250
Outstanding Balance
$284,559
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$498,626

Purchase Details

Closed on
Feb 7, 2014
Sold by
Smith Robert B and Smith Geraldine W
Bought by
Smith Jeffrey Lyndhurst and Smith Patricia Leigh

Purchase Details

Closed on
Nov 16, 2012
Sold by
Snyder Stephen L and Gormley Brian
Bought by
Smith Geraldine and Smith Robert Bole

Purchase Details

Closed on
Jan 6, 1983
Bought by
Smith Robert B and Smith Geraldine W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
13.57%
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
Kramer Sally C $475,000 Church Circle Title & Escrow
Smith Jeffrey Lyndhurst -- None Available
Smith Geraldine $315,000 Mid Maryland Title Co Inc
Smith Robert B $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kramer Sally C $356,250
Previous Owner Smith Robert B $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $475,000 -4.8% $366 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $499,000 -- $384 / 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 $7,399 $575,433 -- --
2024 $7,399 $514,867 $0 $0
2023 $6,524 $454,300 $227,100 $227,200
2022 $6,401 $454,300 $227,100 $227,200
2021 $12,802 $454,300 $227,100 $227,200
2020 $5,660 $454,300 $227,100 $227,200
2019 $6,044 $428,333 $0 $0
2018 $5,597 $402,367 $0 $0
2017 $4,549 $376,400 $0 $0
2016 -- $363,400 $0 $0
2015 -- $350,400 $0 $0
2014 -- $337,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002440956

Bright MLS

APN: 06-809-90035356