NOT LISTED FOR SALE

778 Fairview Ave Unit C Annapolis, MD 21403

Eastport Neighborhood

Estimated Value: $470,000 - $528,000

2 Beds
1.5 Baths
991 Sq Ft
$490/mo HOA Fee

Last Sold October 14, 2022

Last sale price $450,000 $454 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,565/month

344 Days on Market

Highlights

  • Marina
  • Water Access
  • Lake Privileges
  • Home fronts navigable water
  • Fitness Center
  • Creek or Stream View

About This Home

As of October 2022

Enjoy the beautiful views of Back Creek. The spacious balcony with cool breezes for alfresco dining and many hours of enjoyment. New kitchen cabinets, flooring, stainless appliances and granite counters, and the new bathrooms are complete with new flooring, vanities, commodes, and tile. Take a stroll along the promenade by the marina. This 2 bedroom unit includes 2 DEEDED BOATSLIPS with dock box(s), water and power: 30' Slip B3; 30' Slip C24. You are steps from the waterside pool, club house with a large waterfront deck. There is a kayak storage and launch area, and picnic area. This Back Creek location offers easy boating access to the Chesapeake Bay. No Pets allowed in the community. Condo unit condo fee $381.80/month include water, sewer, gas; The monthly condo fee for the 2 Boat Slips $107.74.

Last Agent to Sell the Property

Betty Jans

(410) 991-8665 betty.jans@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #71763 Listed on: 09/22/2021

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Betsy Dunigan

(443) 994-1239 bdunigan@ttrsir.com TTR Sotheby's International Realty License #520991

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,281

Year Built

  • Built in 1967

Lot Details

  • Home fronts navigable water
  • Creek or Stream
  • Backs To Open Common Area

HOA Fees

  • $490 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 991 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Sliding Doors
  • Insulated Doors
  • Living Room
  • Dining Room
  • Carpet
  • Creek or Stream Views

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Water Access
  • Lake Privileges
  • Balcony
  • Exterior Lighting

Location

  • Property is near a creek

Schools

  • Annapolis High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020680590026854

Community Details

Overview

  • Association fees include sewer, water, gas, common area maintenance, exterior building maintenance, lawn maintenance, management, pier/dock maintenance, pool(s), reserve funds, road maintenance, trash
  • Low-Rise Condominium
  • Severn House Condo
  • Severn House Con Community
  • Severn House Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Marina
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,281

Year Built

Built in 1967

Lot Details

0

HOA Fees

$490 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-09-23
  • Federal Flood Zone: No
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, Refrigerator, Stove, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet
  • Interior Amenities: Built-Ins, Carpet, Entry Level Bedroom, Dining Area
  • Fireplace: No
  • Door Features: Sliding Glass, Insulated
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 991
  • Living Area Sq Ft: 991
  • Price Per Sq Ft: 469.22
  • Above Grade Finished Sq Ft: 991
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Veneer
  • Exterior Features: Sidewalks, Exterior Lighting
  • Road Surface Type: Black Top
  • Spa: No
  • View: Creek/Stream, Water
  • Water Access: Yes
  • Water Body Name: Back Creek
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 489.73
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Severn House Condo
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Exercise Room, Extra Storage, Laundry Facilities, Marina/Marina Club, Picnic Area, Pool - Outdoor, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Sewer, Water, Gas, Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Road Maintenance, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Gunite, Fenced, In Ground

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: ANNAPOLIS

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 153600.00
  • Land Assessed Value: 153600.00
  • Lot Features: Backs - Open Common Area
  • Outdoor Living Structures: Balcony
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 15323461
  • Tax Annual Amount: 4281.00
  • Assessor Parcel Number: 020680590026854
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Oct 14, 2022
Sold by
John F Walter Jr Revocable Trust
Bought by
Rajaee Babak Y and Rajaee Jill E
Seller's Agent
Betty Jans
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Betsy Dunigan
TTR Sotheby's International Realty
List Price
$498,000
Sold Price
$450,000
Premium/Discount to List
-$48,000
-9.64%
Views
92
Current Estimated Value
$506,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,417
Avg. Annual Appreciation
3.83%
Original Mortgage
$337,500
Outstanding Balance
$322,254
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$184,163
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
Rajaee Babak Y $450,000 Mid-Maryland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajaee Babak Y $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $450,000 -3.2% $454 / Sq Ft
06/02/2022 06/02/22 Price Changed $465,000 -2.7% $469 / Sq Ft
05/10/2022 05/10/22 Price Changed $477,950 -4.0% $482 / Sq Ft
03/11/2022 03/11/22 For Sale $498,000 +10.7% $503 / Sq Ft
01/31/2022 01/31/22 Off Market $450,000 -- --
09/22/2021 09/22/21 For Sale $498,000 0.0% $503 / Sq Ft
12/28/2016 12/28/16 Rented $1,600 0.0% --
12/28/2016 12/28/16 Under Contract -- -- --
11/07/2016 11/07/16 For Rent $1,600 +0.9% --
11/07/2013 11/07/13 Rented $1,585 0.0% --
11/07/2013 11/07/13 Under Contract -- -- --
10/31/2013 10/31/13 For Rent $1,585 -- --
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 $4,913 $376,533 -- --
2024 $4,913 $341,867 $0 $0
2023 $4,411 $307,200 $153,600 $153,600
2022 $4,305 $305,533 $0 $0
2021 $4,281 $303,867 $0 $0
2020 $4,261 $302,200 $151,100 $151,100
2019 $3,893 $275,933 $0 $0
2018 $3,473 $249,667 $0 $0
2017 $2,924 $223,400 $0 $0
2016 -- $223,400 $0 $0
2015 -- $223,400 $0 $0
2014 -- $332,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2010576

Bright MLS

APN: 06-805-90026854