Seller's Agent in 2023
Day Weitzman
Coldwell Banker (NRT-Southeast-MidAtlantic)
(410) 353-0721
7 in this area
80 Total Sales
55 Richards Ln Annapolis, MD 21401
Downtown Annapolis NeighborhoodEstimated Value: $1,313,000 - $1,581,244
4
Beds
4
Baths
2,652
Sq Ft
$534/Sq Ft
Est. Value
Highlights
- Home fronts navigable water
- Colonial Architecture
- 1 Community Docks
- Water Access
- Wood Flooring
- 2-minute walk to Acton's Cove Waterfront Park
About This Home
As of May 2023Move-in ready Acton's Landing townhome with glimpses of Spa Creek from third floor deck. A rare offering on Richards Lane, this home boasts great walkability to downtown Annapolis with shopping, restaurants, and boutiques all just a short walk from your front door. Not to mention water access via "Duck Park." Easy living with an open floor plan on the main level, wood flooring and custom plantation shutters. New Pella door off the chef's kitchen and sitting area leads to deck overlooking common, landscaped green space. This deck features a Custom Sunsetter awning with wind sensor. Primary bedroom on the second floor with spacious primary bathroom and walk-in closets, along with a second, large bedroom with ensuite bathroom. Laundry conveniently located on the second level. The third floor features a third bedroom with sitting area, deck, and full bathroom. Fourth bedroom and bathroom on lower level with great storage and access to two car garage, with new garage door. This location is not only easy access to downtown Annapolis but also Washington, DC, Baltimore, the Eastern Shore and more.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $13,970
Year Built
- Built in 2007
Lot Details
- 1,142 Sq Ft Lot
- Home fronts navigable water
- Creek or Stream
- Backs To Open Common Area
- Landscaped
- Property is in excellent condition
HOA Fees
- $215 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- On-Street Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Frame Construction
- Shingle Roof
Interior Spaces
- Property has 4 Levels
- Chair Railings
- Crown Molding
- Ceiling height of 9 feet or more
- Ceiling Fan
- Window Treatments
- Entrance Foyer
- Family Room Off Kitchen
- Open Floorplan
- Sitting Room
- Living Room
- Dining Room
- Monitored
Kitchen
- Breakfast Room
- Eat-In Kitchen
- Gas Oven or Range
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
Laundry
- Laundry on upper level
- Front Loading Dryer
- Washer
Improved Basement
- Heated Basement
- Walk-Out Basement
- Connecting Stairway
- Interior and Exterior Basement Entry
- Garage Access
Outdoor Features
- Water Access
- Multiple Balconies
- Porch
Utilities
- Forced Air Zoned Heating and Cooling System
- Vented Exhaust Fan
- Underground Utilities
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot AA
- Assessor Parcel Number 020600590220337
Community Details
Overview
- Association fees include lawn care front, lawn care rear, lawn maintenance, management, insurance, reserve funds, snow removal
- Built by MADISON HOMES
- Actons Landing Condos Subdivision
Amenities
- Common Area
Recreation
- 1 Community Docks
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2023
Closed on
May 18, 2023
Sold by
Holtmann Living Trust
Bought by
Rad David and Rad Kimberly Ann
Seller's Agent
Day Weitzman
Coldwell Banker Realty
Buyer's Agent
Andrew Nelson
Compass
List Price
$1,249,000
Sold Price
$1,249,000
Views
85
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
$158,500
Avg. Annual Appreciation
6.13%
Original Mortgage
$726,200
Outstanding Balance
$709,502
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$718,374
Purchase Details
Closed on
Jun 5, 2015
Sold by
Holtmann Roger S and Holtmann Phyllis J
Bought by
Holtmann Living Trust
Purchase Details
Listed on
Jun 28, 2011
Closed on
Mar 30, 2012
Sold by
Bornstein Daniel P and The Daniel P Bornstein Trust
Bought by
Holtmann Roger S and Holtmann Phyllis J
Seller's Agent
Pam Goldberg
Coldwell Banker Realty
Buyer's Agent
Day Weitzman
Coldwell Banker Realty
List Price
$850,000
Sold Price
$809,000
Premium/Discount to List
-$41,000
-4.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$559,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 10, 2008
Sold by
Acton'S L&Ing Llc
Bought by
Bornstein Trestee Daniel P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 2, 2008
Sold by
Acton'S L&Ing Llc
Bought by
Bornstein Trestee Daniel P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rad David | $1,249,000 | Allied Title & Escrow | |
| Holtmann Living Trust | -- | Attorney | |
| Holtmann Roger S | $809,000 | Mid Maryland Title Co Inc | |
| Bornstein Trestee Daniel P | $925,000 | -- | |
| Bornstein Trestee Daniel P | $925,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rad David | $726,200 | |
| Previous Owner | Holtmann Roger S | $559,000 | |
| Previous Owner | Bornstein Daniel P | $344,400 | |
| Previous Owner | Bornstein Daniel P | $350,000 | |
| Previous Owner | Bornstein Daniel P | $415,600 | |
| Previous Owner | Bornstein Trestee Daniel P | $417,000 | |
| Previous Owner | Bornstein Trestee Daniel P | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2023 05/19/23 | Sold | $1,249,000 | 0.0% | $471 / Sq Ft |
| 04/01/2023 04/01/23 | For Sale | $1,249,000 | +54.4% | $471 / Sq Ft |
| 03/30/2012 03/30/12 | Sold | $809,000 | -1.2% | $353 / Sq Ft |
| 03/02/2012 03/02/12 | Pending | -- | -- | -- |
| 02/28/2012 02/28/12 | Price Changed | $819,000 | -3.6% | $357 / Sq Ft |
| 06/28/2011 06/28/11 | For Sale | $850,000 | -- | $371 / 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 |
|---|---|---|---|---|
| 2025 | $15,476 | $1,146,733 | -- | -- |
| 2024 | $15,476 | $1,076,967 | $0 | $0 |
| 2023 | $14,463 | $1,007,200 | $550,000 | $457,200 |
| 2022 | $13,489 | $991,533 | $0 | $0 |
| 2021 | $13,035 | $975,867 | $0 | $0 |
| 2020 | $13,035 | $960,200 | $550,000 | $410,200 |
| 2019 | $12,551 | $913,467 | $0 | $0 |
| 2018 | $11,892 | $866,733 | $0 | $0 |
| 2017 | $10,701 | $820,000 | $0 | $0 |
| 2016 | -- | $805,333 | $0 | $0 |
| 2015 | -- | $790,667 | $0 | $0 |
| 2014 | -- | $776,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Andrew Nelson
Compass
(301) 580-8101
2 in this area
113 Total Sales
-
Seller's Agent in 2012
Pam Goldberg
Coldwell Banker (NRT-Southeast-MidAtlantic)
(410) 353-3235
13 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2056658
APN: 06-005-90220337
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