$400,000
SOLD JUN 25, 2025

729 Annapolis Neck Rd Annapolis, MD 21403

1.08 Acres
$370,370 Price per Acre
47,045 Sq Ft Lot

Recently Sold

$295 Per Sq Ft

255 Days on Market

Highlights

  • 1.08 Acre Lot
  • No HOA
  • Level Lot

About This Lot

As of June 2025

**AGENTS AND BUYERS MUST SIGN A HOLD HARMLESS AGREEMENT BEFORE AN APPOINTMENT CAN BE MADE**Attention Investors and Developers! Ready For Your Next Venture? Look No Further! Seize This Exceptional Opportunity To Purchase Prime Real Estate. This stunning 1.08-acre lot, encompassing 47,045 square feet, offers boundless potential for only $475,000! Discover the perfect site to build your dream home or investment property. Situated in a serene and picturesque location, this property provides an idyllic escape from the daily grind while remaining conveniently close to downtown Annapolis, the Annapolis Harbor, historic landmarks, vibrant shops, bars, art galleries, restaurants, Quiet Waters Park, and numerous recreational activities like ice skating, canoeing, kayaking, walking trails, tot lots, dog parks, and more. This prime building site is connected to public water and sewer, offering ample space for landscaping, gardening, or expanding your future plans. Please note: The existing structures, including the home, garage, and shed, are potential tear-downs and may be considered uninhabitable. The real value lies in the land itself, a beautiful and tranquil 1.08 acres. This is an "As-Is" sale. Bring Your Offer And Welcome Home!**SELLER PREFERS PRIME TITLE GROUP, LLC**

Last Agent to Sell the Property

Dot Hicks

Keller Williams Preferred Properties License #0225265462 Listed on: 07/25/2024

Keller Williams Preferred Properties

Last Buyer's Agent

Mike Adekunle

Samson Properties License #SP200203075

Samson Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,407

Lot Details

  • 1.08 Acre Lot
  • Level Lot
  • Property is zoned R1-B

Schools

  • Hillsmere Elementary School
  • Annapolis Middle School
  • Annapolis High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 020600007100600

Property Details

Property Type

Land

Est. Annual Taxes

$6,407

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Expected On Market: 7/25/2024 12:00:00 AM
  • Automatically Close On Close Date: No
  • Remarks Public: **AGENTS AND BUYERS MUST SIGN A HOLD HARMLESS AGREEMENT BEFORE AN APPOINTMENT CAN BE MADE**Attention Investors and Developers! Ready For Your Next Venture? Look No Further! Seize This Exceptional Opportunity To Purchase Prime Real Estate. This stunning 1.08-acre lot, encompassing 47,045 square feet, offers boundless potential for only $475,000! Discover the perfect site to build your dream home or investment property. Situated in a serene and picturesque location, this property provides an idyllic escape from the daily grind while remaining conveniently close to downtown Annapolis, the Annapolis Harbor, historic landmarks, vibrant shops, bars, art galleries, restaurants, Quiet Waters Park, and numerous recreational activities like ice skating, canoeing, kayaking, walking trails, tot lots, dog parks, and more. This prime building site is connected to public water and sewer, offering ample space for landscaping, gardening, or expanding your future plans. Please note: The existing structures, including the home, garage, and shed, are potential tear-downs and may be considered uninhabitable. The real value lies in the land itself, a beautiful and tranquil 1.08 acres. This is an "As-Is" sale. Bring Your Offer And Welcome Home!**SELLER PREFERS PRIME TITLE GROUP, LLC**
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 8.50
  • Street Number Modifier: 729

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: HILLSMERE
  • Middle School: ANNAPOLIS
  • High School: ANNAPOLIS
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140671932
  • School District Source: 3rd Party
  • Elementary School: HILLSMERE
  • High School: ANNAPOLIS
  • Middle Or Junior School: ANNAPOLIS

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Features: Level
  • Lot Size Acres: 1.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 47045.00
  • Year Assessed: 2025
  • Zoning: R1-B
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6407.00
  • Assessor Parcel Number: 020600007100600
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2025
  • Close Date: 06/25/2025

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Jun 20, 2025
Sold by
Creek Sevtie and Creek Auntinina
Bought by
Agubuzo Chuma
Seller's Agent
Dot Hicks
Keller Williams Preferred Properties
Buyer's Agent
Mike Adekunle
Samson Properties
List Price
$475,000
Sold Price
$400,000
Premium/Discount to List
-$75,000
-15.79%
Views
2103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.06%
Original Mortgage
$733,907
Outstanding Balance
$733,287
Interest Rate
6.85%
Mortgage Type
FHA
Estimated Equity
-$317,910
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $400,000 Prime Title
Deed $400,000 Prime Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $733,907 FHA
Closed $733,907 FHA
Previous Owner $50,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Sold $400,000 0.0% $295 / Sq Ft
10/11/2024 10/11/24 Price Changed $400,000 -11.1% $295 / Sq Ft
09/11/2024 09/11/24 Price Changed $450,000 -5.3% $332 / Sq Ft
07/25/2024 07/25/24 For Sale $475,000 -- $350 / 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
2024 $4,596 $445,933 $0 $0
2023 $4,480 $434,300 $325,800 $108,500
2022 $4,400 $430,933 $0 $0
2021 $205 $427,567 $0 $0
2020 $4,316 $424,200 $325,800 $98,400
2019 $4,158 $407,100 $0 $0
2018 $3,974 $390,000 $0 $0
2017 $3,452 $372,900 $0 $0
2016 -- $348,367 $0 $0
2015 -- $323,833 $0 $0
2014 -- $299,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2089714

Bright MLS

APN: 06-000-07100600