502 Dreams Landing Way Annapolis, MD 21401
Parole Neighborhood
2
Beds
1.5
Baths
1,100
Sq Ft
$632/mo
HOA Fee
Highlights
- 500 Feet of Waterfront
- 1 Dock Slip
- Open Floorplan
- West Annapolis Elementary School Rated A-
- Water Oriented
- Colonial Architecture
About This Home
As of March 2025Reduced Price! Beautiful Waterfront Home on the Severn.Stunning river views from the master bedroom and the living room. Included boat slip (4ft. min depth) 8,000lb lift conveys.The home has beautiful wide plank hardwood floors throughout the main floor.The third floor is a huge built-in custom closet. Hot tub and whole house generator convey! Community pool overlooks the river. Bring offers!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,374
Year Built
- Built in 1936
Lot Details
- 500 Feet of Waterfront
- Two or More Common Walls
HOA Fees
- $632 Monthly HOA Fees
Parking
- Rented or Permit Required
Home Design
- Colonial Architecture
- Brick Front
Interior Spaces
- 1,100 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- 1 Fireplace
- Dining Area
- Wood Flooring
Kitchen
- Electric Oven or Range
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1.5 Bathrooms
Outdoor Features
- Water Oriented
- River Nearby
- Electric Hoist or Boat Lift
- 1 Dock Slip
- Physical Dock Slip Conveys
- Stream or River on Lot
- 1 Powered Boats Permitted
Schools
- West Annapolis Elementary School
- Bates Middle School
- Annapolis High School
Utilities
- Central Air
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 020222703530225
Community Details
Overview
- Association fees include insurance, pier/dock maintenance, pool(s)
- Dreams Landing Community
- Dreams Landing Subdivision
Amenities
- Clubhouse
Recreation
- Boat Dock
- Pier or Dock
- Community Pool
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2025
Closed on
Mar 28, 2025
Sold by
Knightly Karie Jeanne
Bought by
Pangallo Wood Sara and Pangallo John Rocco
Seller's Agent
Kevin Cooke
Coldwell Banker Realty
Buyer's Agent
Brian Schilling
EXP Realty, LLC
List Price
$675,000
Sold Price
$675,000
Total Days on Market
111
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,034
Avg. Annual Appreciation
-6.42%
Original Mortgage
$175,000
Outstanding Balance
$175,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$484,507
Purchase Details
Listed on
May 6, 2016
Closed on
Nov 4, 2016
Sold by
Hexter Daniel and Hexter Shannon Chitcote
Bought by
Kinghty Karie Jeanne
Seller's Agent
Jim Bordewisch
Blackwell Real Estate, LLC
Buyer's Agent
Kevin Cooke
Coldwell Banker Realty
List Price
$499,000
Sold Price
$443,000
Premium/Discount to List
-$56,000
-11.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$398,700
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 28, 2008
Sold by
Feigenbaum Bruce E
Bought by
Hexter Daniel and Chilcote Shannon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,400
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 19, 2008
Sold by
Feigenbaum Bruce E
Bought by
Hexter Daniel and Chilcote Shannon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,400
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 14, 2002
Sold by
Armstrong Michael C
Bought by
Feigenbaum Bruce E
Purchase Details
Closed on
Jul 30, 1998
Sold by
Whelan Harriet D
Bought by
Armstrong Michael C
Similar Homes in Annapolis, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $675,000 | Fidelity National Title | |
| Deed | $443,000 | Sage Title Group Llc | |
| Deed | $426,000 | -- | |
| Deed | $426,000 | -- | |
| Deed | $245,000 | -- | |
| Deed | $144,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $175,000 | New Conventional | |
| Previous Owner | $398,700 | New Conventional | |
| Previous Owner | $302,000 | New Conventional | |
| Previous Owner | $311,250 | Stand Alone Second | |
| Previous Owner | $383,400 | Purchase Money Mortgage | |
| Previous Owner | $383,400 | Purchase Money Mortgage | |
| Previous Owner | $129,600 | Credit Line Revolving | |
| Closed | -- | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2025 03/28/25 | Sold | $675,000 | 0.0% | $694 / Sq Ft |
| 01/07/2025 01/07/25 | For Sale | $675,000 | +52.4% | $694 / Sq Ft |
| 11/04/2016 11/04/16 | Sold | $443,000 | -3.5% | $403 / Sq Ft |
| 08/25/2016 08/25/16 | Pending | -- | -- | -- |
| 08/12/2016 08/12/16 | Price Changed | $459,000 | -3.4% | $417 / Sq Ft |
| 07/08/2016 07/08/16 | Price Changed | $475,000 | -4.8% | $432 / Sq Ft |
| 05/06/2016 05/06/16 | For Sale | $499,000 | -- | $454 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,007 | $454,800 | $0 | $0 |
| 2023 | $4,939 | $449,900 | $0 | $0 |
| 2022 | $4,650 | $445,000 | $342,000 | $103,000 |
| 2021 | $1,334 | $419,933 | $0 | $0 |
| 2020 | $1,334 | $394,867 | $0 | $0 |
| 2019 | $3,898 | $369,800 | $270,000 | $99,800 |
| 2018 | $1,334 | $369,800 | $270,000 | $99,800 |
| 2017 | $4,469 | $369,800 | $0 | $0 |
| 2016 | $1,334 | $431,800 | $0 | $0 |
| 2015 | $1,334 | $393,833 | $0 | $0 |
| 2014 | -- | $355,867 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2025
Kevin Cooke
Coldwell Banker (NRT-Southeast-MidAtlantic)
-
B
Buyer's Agent in 2025
Brian Schilling
EXP Realty, LLC
-
J
Seller's Agent in 2016
Jim Bordewisch
Blackwell Real Estate, LLC
Map
Source: Bright MLS
MLS Number: 1001624975
APN: 02-227-03530225
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