Seller's Agent in 2023
Phil Gerdes
Real Broker, LLC - Annapolis
(443) 694-7366
18 in this area
607 Total Sales
712 Drake Way Annapolis, MD 21401
Estimated Value: $884,000 - $1,005,000
5
Beds
4.5
Baths
5,307
Sq Ft
$174/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Community Pool
- Oversized Parking
- Workshop
- 2 Car Direct Access Garage
- Brick Front
About This Home
As of May 2023Welcome to 712 Drake Way, Annapolis - a stunning home that will make your dream of luxurious living come true. This property is the epitome of class and style, providing an unparalleled level of comfort and sophistication.
As you step inside the house, you'll notice is the grandeur and spacious feel, the open kitchen, windows flowing up two stories of the family room, and the luxurious feel of the formal dining and living rooms. You'll love entertaining guests in this space, which features top-of-the-line appliances and a beautifully designed island with plenty of room for seating.
Moving on to the outdoors, the finished paver patio with a gas connection for a grill and wiring and plumbing in place for a future hot tub is perfect for hosting al fresco dinner parties or for simply relaxing with family and friends.
But the true pièce de résistance of this home is the completely finished basement. Whether you're looking to stay fit with a workout in the space perfect for a home gym, have a fun game night with friends in the rec room, or enjoy your favorite movie in the dedicated movie theater room, this basement has something for everyone.
The Kingsport community boasts over 170 homes on over 100 acres of green space. The community pool, hot tub, playgrounds, and walking trails provide ample opportunities for fun and relaxation. Plus, the pier with kayak access to the creek offers a unique and peaceful way to explore the surrounding nature.
Don't miss your chance to live in this incredible home and be a part of the vibrant Kingsport community. Schedule a tour today and experience the height of luxury living!
Last Agent to Sell the Property
(443) 694-7366 philgerdes@thegerdesteam.com Real Broker, LLC - Annapolis License #0225261065 Listed on: 04/27/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,895
Year Built
- Built in 2006
Lot Details
- 6,088 Sq Ft Lot
- Property is zoned R1B
HOA Fees
- $158 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Oversized Parking
- Rear-Facing Garage
- Garage Door Opener
- Driveway
- On-Street Parking
Home Design
- Traditional Architecture
- Block Foundation
- Frame Construction
- Brick Front
Interior Spaces
- Property has 3 Levels
- Gas Fireplace
Bedrooms and Bathrooms
Improved Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
- Interior and Exterior Basement Entry
- Workshop
- Basement Windows
Utilities
- Central Air
- Heat Pump System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 135
- Assessor Parcel Number 020652290216847
Community Details
Overview
- Kingsport Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 27, 2023
Closed on
May 31, 2023
Sold by
Patel Bijal
Bought by
Quintanilla Jose
Seller's Agent
Phil Gerdes
Real Broker, LLC - Annapolis
Buyer's Agent
SILVIA MONTIEL MARTINEZ
Long & Foster Real Estate, Inc.
List Price
$800,000
Sold Price
$815,000
Premium/Discount to List
$15,000
1.88%
Views
38
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
$107,384
Avg. Annual Appreciation
5.46%
Original Mortgage
$652,000
Outstanding Balance
$634,565
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$287,819
Purchase Details
Closed on
Aug 3, 2006
Sold by
Crab Cove Llc
Bought by
Patel Bijal and Patel Minal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 28, 2006
Sold by
Crab Cove Llc
Bought by
Patel Bijal and Patel Minal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.87%
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 |
|---|---|---|---|
| Quintanilla Jose | $815,000 | Sage Title Group | |
| Patel Bijal | $747,669 | -- | |
| Patel Bijal | $747,669 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Quintanilla Jose | $652,000 | |
| Closed | Quintanilla Jose | $652,000 | |
| Previous Owner | Patel Bijal | $400,000 | |
| Previous Owner | Patel Bijal | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2023 05/31/23 | Sold | $815,000 | +1.9% | $154 / Sq Ft |
| 05/07/2023 05/07/23 | Pending | -- | -- | -- |
| 04/27/2023 04/27/23 | For Sale | $800,000 | -- | $151 / 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 | $9,022 | $694,567 | -- | -- |
| 2024 | $9,022 | $627,833 | $0 | $0 |
| 2023 | $8,057 | $561,100 | $123,600 | $437,500 |
| 2022 | $7,895 | $560,300 | $0 | $0 |
| 2021 | $7,878 | $559,500 | $0 | $0 |
| 2020 | $7,878 | $558,700 | $123,600 | $435,100 |
| 2019 | $7,854 | $558,700 | $123,600 | $435,100 |
| 2018 | $7,685 | $558,700 | $123,600 | $435,100 |
| 2017 | $7,398 | $591,900 | $0 | $0 |
| 2016 | -- | $561,700 | $0 | $0 |
| 2015 | -- | $531,500 | $0 | $0 |
| 2014 | -- | $501,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Phil Gerdes
-
SILVIA MONTIEL MARTINEZ
Buyer's Agent in 2023
SILVIA MONTIEL MARTINEZ
Long & Foster
(410) 501-8017
1 in this area
2 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2058008
APN: 06-522-90216847
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