NOT LISTED FOR SALE

7 President Point Dr Unit B2 Annapolis, MD 21403

Eastport Neighborhood

Estimated Value: $920,000 - $992,000

2 Beds
2 Baths
1,260 Sq Ft
$554/mo HOA Fee

Last Sold June 27, 2019

Last sale price $627,500 $498 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,502/month

102 Days on Market

Highlights

  • Private Dock Site
  • Home fronts navigable water
  • Open Floorplan
  • Water Views
  • Private Water Access
  • Clubhouse

About This Home

As of June 2019

The premier waterfront condo in trendy Eastport of Annapolis - "The Point" - with spectacular views of Spa Creek and State Capital. This gorgeous two bedroom condo features updated kitchen, updated bathrooms, crown molding, wood burning fire place, updated energy efficient windows, HVAC, extra storage space. Walk, water taxi, or a two minute ride to downtown Annapolis. Fabulous amenities - pool, tennis court, club room, and available deep water boat slips.

Last Agent to Sell the Property

David Yee

(410) 487-5980 yee@annapolis411.com Long & Foster Real Estate, Inc. Listed on: 02/26/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Christopher Stumbroski

(443) 834-4499 cstumbroski@gmail.com EXP Realty, LLC License #645359

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,331

Year Built

  • Built in 1975

Lot Details

  • Home fronts navigable water
  • Creek or Stream
  • Property is in very good condition
  • The community has rules related to exclusive easements

HOA Fees

  • $554 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Frame Construction
  • Wood Siding
  • Cedar

Interior Spaces

  • 1,260 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Water Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Private Parking
  • Free Parking
  • Parking Lot

Outdoor Features

  • Private Water Access
  • Private Dock Site

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Property is near a creek

Listing and Financial Details

  • Assessor Parcel Number 020669090000838

Community Details

Overview

  • 6 Units
  • Low-Rise Condominium
  • The Point Condo Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Meeting Room
  • Party Room
  • Community Storage Space

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,331

Year Built

Built in 1975

Lot Details

0

HOA Fees

$554 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Dining/Living, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 1260
  • Living Area Sq Ft: 1260
  • Price Per Sq Ft: 507.94
  • Above Grade Finished Sq Ft: 1260
  • 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, Below Grade
  • Construction Materials: Wood Siding, Cedar, Frame
  • View: Water
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Spa Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Free, General Common Elements, Private
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 553.52
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Club House, Extra Storage, Meeting Room, Party Room, Pool - Outdoor, Storage Bin, Swimming Pool, Tennis Courts
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 305600.00
  • Land Assessed Value: 305500.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15322940
  • Tax Annual Amount: 7331.00
  • Assessor Parcel Number: 020669090000838
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Exclusive Easement, Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2019
Closed on
Jun 21, 2019
Sold by
Kohnken Beverlee M and Kohnken Donald H
Bought by
Johnston Douglas M and Douglas M Johnston Jr Living T
Seller's Agent
David Yee
Long & Foster Real Estate, Inc.
Buyer's Agent
Christopher Stumbroski
EXP Realty, LLC
List Price
$640,000
Sold Price
$627,500
Premium/Discount to List
-$12,500
-1.95%
Current Estimated Value
$970,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,190
Avg. Annual Appreciation
7.01%

Purchase Details

Closed on
Nov 13, 2002
Sold by
Ellsworth Susan K
Bought by
Kohnken Beverlee M and Kohnken Donald H

Purchase Details

Closed on
Jun 28, 1994
Sold by
Kelly Winfield M
Bought by
Ellsworth Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.74%

Purchase Details

Closed on
May 28, 1993
Sold by
W M K Inc
Bought by
Kelly Winfield M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
7.5%
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
Johnston Douglas M $627,500 Eagle Title Llc
Kohnken Beverlee M $480,000 --
Ellsworth Susan K $220,000 --
Kelly Winfield M $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellsworth Susan K $165,000
Previous Owner Kelly Winfield M $133,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2019 06/27/19 Sold $627,500 -2.0% $498 / Sq Ft
02/26/2019 02/26/19 For Sale $640,000 -- $508 / 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 $10,049 $787,500 -- --
2024 $10,049 $699,300 $0 $0
2023 $8,775 $611,100 $305,500 $305,600
2022 $8,610 $611,100 $305,500 $305,600
2021 $17,221 $611,100 $305,500 $305,600
2020 $8,617 $611,100 $305,500 $305,600
2019 $4,015 $569,100 $0 $0
2018 $7,332 $527,100 $0 $0
2017 $6,350 $485,100 $0 $0
2016 -- $485,100 $0 $0
2015 -- $485,100 $0 $0
2014 -- $485,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA375052

Bright MLS

APN: 06-690-90000838