NOT LISTED FOR SALE

503 Mathias Hammond Way Unit 202 Annapolis, MD 21401

Parole Neighborhood

Estimated Value: $369,666 - $388,000

3 Beds
2 Baths
1,318 Sq Ft
$394/mo HOA Fee

Last Sold April 02, 2024

Last sale price $355,000 $269 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,648/month

1 Day on Market

Highlights

  • Fitness Center
  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • West Annapolis Elementary School Rated A-
  • Open Floorplan
  • Clubhouse

About This Home

As of April 2024

Come home to this stunning 3 bed, 2 full bath, Updated Annapolis Condo in the sidewalk friendly, amenity rich Community of Tidewater Colony. Recent updates include: New LVP, Kitchen Countertops. freshly painted and newer, 3 years young appliances. This Condo offers a spacious, bright and open floorplan with upgrades galore. The foyer, with new LVP, opens to an expansive living space that includes a Dining Room/ Living Room combination with gas fireplace surrounded by built-in bookshelves and access to a privateTrex Balcony, large Primary Suite with a Bay Window, 2 closets and En-suite Full Bath, 2 additional bedrooms, second Full Bath and Laundry Room with Washer and Dryer. The Gourmet Kitchen has been recently updated and features 5 burner gas cooking, new floors, new marble countertops, newer appliances, breakfast bar and breakfast room with a Bay Window that bathes the kitchen with natural sunlight. Community amenities include a Clubhouse, Swimming Pool, Fitness Room, Tennis Courts, Nature Trails, Tot Lots and Manicured Grounds. The location is ideal within walking distance to Shopping, Annapolis Mall, Restaurants, Coffee Shops, Medical Offices, minutes to Downtown Annapolis, The Naval Academy, Annapolis Towne Centre and quick, easy access to Routes 50 & 97. Do not miss the opportunity to own this spectacular Condo and all of its superb features...Schedule your showing TODAY!

Last Agent to Sell the Property

Jim Bim

(443) 463-6009 jim@jimbim.com Winning Edge Listed on: 02/29/2024

Co-Listed By

Grant Bim

(410) 300-6175 grant@jimbim.com Winning Edge License #668382

Last Buyer's Agent

Betty Jans

(410) 991-8665 betty.jans@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #71763

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,282

Year Built

  • Built in 1997

Lot Details

  • Sprinkler System

HOA Fees

  • $394 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Bump-Outs
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,318 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Office
  • Carpet

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System

Parking

  • Handicap Parking
  • Free Parking
  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Playground

Schools

  • West Annapolis Elementary School
  • Bates Middle School
  • Annapolis High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020283490096107

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, exterior building maintenance, insurance, lawn care rear, lawn care side, lawn maintenance, management, pool(s), recreation facility, security gate, snow removal, trash, unknown fee
  • Low-Rise Condominium
  • Tidewater Colony Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,282

Year Built

Built in 1997

Lot Details

0

HOA Fees

$394 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-02-29
  • Year Built: 1997
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Dishwasher, Built-In Microwave, Disposal, Freezer, Intercom, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Washer
  • Entry Floor: 1
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Table Space, Pantry, Recessed Lighting, Soaking Tub, Window Treatments, Primary Bath(s), Sprinkler System, Stall Shower, Tub Shower, Upgraded Countertops, Intercom
  • Window Features: Bay/Bow
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Breakfast Room, Office, Primary Bathroom
  • Basement: No
  • Laundry Type: Hookup, Main Floor, Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 1318
  • Living Area Sq Ft: 1318
  • Price Per Sq Ft: 276.93
  • Above Grade Finished Sq Ft: 1318
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Concrete, Vinyl Siding
  • Exterior Features: Bump-Outs, Exterior Lighting, Play Area, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Handicap Parking, Lighted Parking, Paved Parking, Unassigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s), Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Electric Alarm, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 394.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Common Grounds, Fitness Center, Jog/Walk Path, Picnic Area, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Club House
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Recreation Facility, Security Gate, Snow Removal, Trash, Unknown Fee
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: WEST ANNAPOLIS
  • High School: ANNAPOLIS
  • Middle Or Junior School: BATES

Lot Info

  • Outdoor Living Structures: Balcony, Patio(s), Roof
  • Zoning: R15
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis, Cats Ok, Dogs Ok, Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3282.00
  • Assessor Parcel Number: 020283490096107
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Apr 2, 2024
Sold by
Musterman Sharon L
Bought by
Janette Jamie
Seller's Agent
Jim Bim
Winning Edge
Buyer's Agent
Betty Jans
Berkshire Hathaway HomeServices PenFed Realty
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%
Views
160
Current Estimated Value
$379,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,167
Avg. Annual Appreciation
4.02%
Original Mortgage
$105,000
Outstanding Balance
$103,437
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$275,730

Purchase Details

Closed on
Dec 29, 2000
Sold by
Lewis Lawrence T
Bought by
Musterman Sharon L

Purchase Details

Closed on
Aug 18, 1997
Sold by
Sturbridge Tw Condos Llc
Bought by
Lewis Lawrence T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Janette Jamie $355,000 Sage Title
Janette Jamie $355,000 Sage Title
Musterman Sharon L $100,000 --
Lewis Lawrence T $128,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janette Jamie $105,000
Closed Janette Jamie $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2024 04/02/24 Sold $355,000 -2.7% $269 / Sq Ft
03/02/2024 03/02/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $365,000 0.0% $277 / Sq Ft
02/24/2024 02/24/24 Price Changed $365,000 -2.7% $277 / Sq Ft
02/21/2024 02/21/24 Price Changed $374,999 -- $285 / 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 $3,086 $296,500 $148,200 $148,300
2024 $3,086 $281,133 $0 $0
2023 $2,807 $265,767 $0 $0
2022 $2,617 $250,400 $125,200 $125,200
2021 $5,154 $246,000 $0 $0
2020 $2,533 $241,600 $0 $0
2019 $2,489 $237,200 $118,600 $118,600
2018 $2,405 $237,200 $118,600 $118,600
2017 $2,442 $237,200 $0 $0
2016 -- $237,200 $0 $0
2015 -- $237,200 $0 $0
2014 -- $237,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2078128

Bright MLS

APN: 02-834-90096107