NOT LISTED FOR SALE

502 Mathias Hammond Way Unit 206 Annapolis, MD 21401

Parole Neighborhood

Estimated Value: $359,536 - $381,000

2 Beds
2.5 Baths
1,277 Sq Ft
$349/mo HOA Fee

Last Sold August 18, 2023

Last sale price $353,000 $276 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,533/month

Highlights

  • Fitness Center
  • View of Trees or Woods
  • Contemporary Architecture
  • West Annapolis Elementary School Rated A-
  • Open Floorplan
  • Backs to Trees or Woods

About This Home

As of August 2023

Conveniently located near Rt 50, Bay Bridge, and 97, this property offers the perfect combination of accessibility and ease. As you enter, you'll immediately notice the picturesque view atop the trees and a sparkling pool.

This home features a spacious balcony, providing an ideal spot to start your day with a refreshing cup of coffee or unwind in the evening with a glass of wine, all while enjoying the scenic surroundings. The interior boasts elegant granite countertops, adding a touch of luxury to the kitchen. There's ample space for a breakfast table, allowing you to enjoy your meals in a cozy setting.

The kitchen is equipped with modern stainless steel appliances, ensuring a seamless cooking experience and a sleek aesthetic. The care and attention given to this home are evident, as it has been meticulously maintained throughout the years.

In addition to its inviting features, this property benefits from its central location, allowing for easy access to major transportation routes, including Rt 50, Bay Bridge, and 97. Whether you're commuting to work or exploring the beautiful sights and attractions of Annapolis and surrounding areas, this home serves as an excellent starting point.

Don't miss the opportunity to make this well-cared-for "Naptown" home yours. Contact us today to arrange a viewing and experience the inviting ambiance of this lovely condo as well as the highly desirable community amenities including a pool, workout facility, high walkability index, and community center for yourself. It's a must-see and will go fast!

Last Agent to Sell the Property

Jeannine Wayson

(410) 562-3178 jwayson@cbmove.com Coldwell Banker Realty License #611432 Listed on: 07/15/2023

Coldwell Banker Realty

Last Buyer's Agent

Bob McWilliams

(443) 994-9589 bob.mcwilliams@cbmove.com Coldwell Banker Realty License #513133

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,876

Year Built

  • Built in 1997

Lot Details

  • Backs To Open Common Area
  • Extensive Hardscape
  • Backs to Trees or Woods
  • Property is in excellent condition

HOA Fees

  • $349 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,277 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Sliding Windows
  • Casement Windows
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer

Parking

  • Paved Parking
  • On-Street Parking
  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Playground

Location

  • Urban Location

Schools

  • West Annapolis Elementary School
  • Wiley H. Bates Middle School
  • Annapolis High School

Utilities

  • Forced Air Heating and Cooling System
  • 120/240V
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 020283490089346
  • $190 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance
  • $16 Other Monthly Fees
  • Low-Rise Condominium
  • Tidewater Colony Of Annapolis Condos
  • Tidewater Colony Community
  • Tidewater Colony Subdivision
  • Property Manager

Amenities

  • Community Center

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,876

Year Built

Built in 1997

Lot Details

0

HOA Fees

$349 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-07-15
  • Federal Flood Zone: No
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stove, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Kitchen - Table Space, Primary Bath(s), Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Combination Kitchen/Living, Kitchen - Eat-In, Soaking Tub, Stall Shower, Tub Shower, Walk-In Closet(s)
  • Window Features: Casement, Sliding
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1277
  • Living Area Sq Ft: 1277
  • Price Per Sq Ft: 273.69
  • Above Grade Finished Sq Ft: 1277
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Exterior Features: Extensive Hardscape, Play Area, Sidewalks, Street Lights
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 120/240V
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, Fiber Optic

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 349.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Tidewater Colony of Annapolis
  • HOA Condo Co-Op Amenities: Exercise Room, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Community Center, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually
  • Other Fees: 190.00
  • Other Fees Frequency: Annually

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: WEST ANNAPOLIS
  • High School: ANNAPOLIS
  • Middle Or Junior School: WILEY H. BATES

Lot Info

  • Lot Features: Backs To Trees, Backs - Open Common Area
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2876.00
  • Assessor Parcel Number: 020283490089346
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Front Foot Fee: 190.00

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2023
Closed on
Aug 18, 2023
Sold by
Redmon Cole Thomas
Bought by
Bendik Frank and Bendik Lori
Seller's Agent
Jeannine Wayson
Coldwell Banker Realty
Buyer's Agent
Bob McWilliams
Coldwell Banker Realty
List Price
$349,500
Sold Price
$353,000
Premium/Discount to List
$3,500
1%
Views
122
Current Estimated Value
$367,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,134
Avg. Annual Appreciation
1.74%
Original Mortgage
$359,484
Outstanding Balance
$348,128
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$19,006

Purchase Details

Listed on
Jan 11, 2019
Closed on
Sep 20, 2019
Sold by
Glasgow Miles C
Bought by
Redmon Cole Thomas
Seller's Agent
Bridget Fischer
Coastal Realty Maryland
Buyer's Agent
Jeannine Wayson
Coldwell Banker Realty
List Price
$265,000
Sold Price
$252,500
Premium/Discount to List
-$12,500
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$247,926
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 2, 2011
Closed on
Mar 29, 2012
Sold by
Fannie Mae
Bought by
Glasgow Miles C
Seller's Agent
Jody Greber
Keller Williams Select Realtors of Annapolis
Buyer's Agent
Bridget Fischer
Coastal Realty Maryland
List Price
$234,500
Sold Price
$210,000
Premium/Discount to List
-$24,500
-10.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%
Original Mortgage
$189,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2011
Sold by
Garrett Tammy L
Bought by
Fannie Mae

Purchase Details

Closed on
Aug 1, 2007
Sold by
Ess Tammy L
Bought by
Garrett Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.72%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 26, 2007
Sold by
Ess Tammy L
Bought by
Garrett Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.72%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 27, 2003
Sold by
Garrett Richard A
Bought by
Ess Tammy L

Purchase Details

Closed on
Mar 12, 1998
Sold by
Tidewater Colony Ltd Ptnshp
Bought by
Garrett Richard A
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 Buyer Sale Price Title Company
Bendik Frank $353,000 None Listed On Document
Bendik Frank $353,000 None Listed On Document
Redmon Cole Thomas $252,500 Eagle Title Llc
Glasgow Miles C $210,000 None Available
Fannie Mae $276,477 None Available
Garrett Tammy L -- --
Garrett Tammy L -- --
Ess Tammy L $190,000 --
Garrett Richard A $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bendik Frank $359,484
Closed Bendik Frank $359,484
Previous Owner Redmon Cole Thomas $247,926
Previous Owner Glasgow Miles C $189,000
Previous Owner Garrett Tammy L $288,000
Previous Owner Garrett Tammy L $288,000
Closed Ess Tammy L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Sold $353,000 +1.0% $276 / Sq Ft
07/16/2023 07/16/23 Pending -- -- --
07/15/2023 07/15/23 For Sale $349,500 +38.4% $274 / Sq Ft
09/20/2019 09/20/19 Sold $252,500 +1.0% $198 / Sq Ft View Prior Sale
05/27/2019 05/27/19 Price Changed $249,900 -2.0% $196 / Sq Ft
05/06/2019 05/06/19 Price Changed $255,000 -1.5% $200 / Sq Ft
03/14/2019 03/14/19 Price Changed $259,000 -2.3% $203 / Sq Ft
01/11/2019 01/11/19 For Sale $265,000 +26.2% $208 / Sq Ft
03/30/2012 03/30/12 Sold $210,000 -6.7% $164 / Sq Ft View Prior Sale
01/16/2012 01/16/12 Pending -- -- --
01/09/2012 01/09/12 Price Changed $224,999 -4.1% $176 / Sq Ft
12/02/2011 12/02/11 For Sale $234,500 -- $184 / 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 $3,006 $287,300 $143,600 $143,700
2024 $3,006 $272,400 $0 $0
2023 $2,833 $257,500 $0 $0
2022 $2,556 $242,600 $121,300 $121,300
2021 $4,978 $236,200 $0 $0
2020 $2,424 $229,800 $0 $0
2019 $2,360 $223,400 $111,700 $111,700
2018 $2,265 $223,400 $111,700 $111,700
2017 $2,612 $223,400 $0 $0
2016 -- $249,000 $0 $0
2015 -- $244,433 $0 $0
2014 -- $239,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2064312

Bright MLS

APN: 02-834-90089346