NOT LISTED FOR SALE

975 Melvin Rd Annapolis, MD 21403

Estimated Value: $3,346,000 - $6,924,672

4 Beds
3.5 Baths
4,936 Sq Ft
$949/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $7,000,000 $1,418 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $26,366/month

4 Days on Market

Highlights

  • 374 Feet of Waterfront
  • 3 Dock Slips
  • Sandy Beach
  • Hillsmere Elementary School Rated 9+
  • Pier
  • Fishing Allowed

About This Home

As of January 2023

This multi-generational, original Melvin Road estate is a true legacy property like no other. Undeniably one of the finest waterfront locations in the Annapolis area! Located on prestigious Melvin Road on almost 3.5 acres of premium waterfront land and surrounded by multi-million dollar homes, this stunning estate is a once in a lifetime opportunity. With over 374 ft of sandy shore waterfrontage on protected Aberdeen Creek and nestled amongst thoughtfully chosen, beautiful and mature landscaping, the privacy of this property is unsurpassed. This charming and sprawling 4 bedroom, 3.5 bath home is full of character with water views from almost every room and boasts a fabulous layout for entertaining, ideal for both full scale, elaborate gatherings as well as comfortable living day to day. South-facing exposure and walls of windows let in tons of natural light and the sunlight sparkles off the serene waters stretching out across the South River. The conveniently located main level guest suite with separate entrance creates options for a variety of living arrangements and the additional upper level bedrooms provide plenty of space for friends and family. The deep water, private pier with 11ft water depth, electric, multiple slips and boat lift are sure to please the boating enthusiast. The panoramic water views offer the ideal setting and the extensive footprint of the existing home creates a sky's the limit opportunity to fulfill your own individual vision of what life on the Annapolis waterfront should look like. Located just minutes from downtown Annapolis and quick access to commuter roads traveling to D.C., Baltimore, Eastern Shore and beyond. Welcome to Melvin Road!

Last Agent to Sell the Property

Brad Kappel

(410) 279-9476 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty Listed on: 11/28/2022

TTR Sotheby's International Realty

Last Buyer's Agent

Brad Kappel

(410) 279-9476 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty Listed on: 11/28/2022

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,422

Year Built

  • Built in 1948 | Remodeled in 1989

Lot Details

  • 3.38 Acre Lot
  • 374 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Creek or Stream
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Premium Lot
  • Level Lot
  • Sprinkler System
  • Back Yard
  • Property is in excellent condition
  • Property is zoned R1

Property Views

  • Panoramic
  • Scenic Vista
  • Creek or Stream
  • Garden

Home Design

  • Cape Cod Architecture
  • Coastal Architecture
  • Poured Concrete
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 4,936 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Formal Dining Room
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Laundry Chute

Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Workshop

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • 8 Driveway Spaces
  • Circular Driveway

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Stream or River on Lot
  • Powered Boats Permitted
  • Patio
  • Terrace
  • Exterior Lighting
  • Gazebo

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Back Up Oil Heat Pump System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Mound Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 020200090003574

Community Details

Overview

  • No Home Owners Association
  • Melvin Road Subdivision, Melvin Road Waterfront Floorplan

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,422

Year Built

Built in 1948 | Remodeled in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cape Cod
  • Ownership: Fee Simple
  • Inclusions: See Residential Property Information addendum
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-11-30
  • Federal Flood Zone: No
  • Year Built: 1948
  • Year Renovated: 1989
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Oven - Wall, Refrigerator, Washer, Water Conditioner - Owned, Water Heater, Cooktop
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Additional Stairway, Attic, Bar, Breakfast Area, Built-Ins, Cedar Closet(s), Ceiling Fan(s), Crown Moldings, Dining Area, Double/Dual Staircase, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Laundry Chute, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Water Treat System, Wet/Dry Bar, Window Treatments, Wood Floors
  • Fireplace Features: Mantel(s), Gas/Propane, Wood
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, Beamed Ceilings
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Interior Access, Poured Concrete, Workshop
  • Laundry Type: Main Floor
  • Total Sq Ft: 4936
  • Living Area Sq Ft: 4936
  • Price Per Sq Ft: 1620.14
  • Above Grade Finished Sq Ft: 4936
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Gazebo
  • Construction Materials: Stucco, Vinyl Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: Creek/Stream, Garden/Lawn, Panoramic, Scenic Vista, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Aberdeen Creek/South River
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 374

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 8

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Programmable Thermostat, Zoned
  • Heating Fuel: Electric, Oil
  • Heating Type: Forced Air, Heat Pump - Oil Backup, Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector
  • Sewer/Septic System: Private Septic Tank, Mound System
  • Water Source: Well
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 452300.00
  • Land Assessed Value: 1182200.00
  • Lot Features: Premium, Private, Rear Yard, Stream/Creek, Landscaping, Level
  • Lot Size Acres: 3.38
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 147232.80
  • Outdoor Living Structures: Patio(s), Terrace
  • Property Condition: Excellent
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15167563
  • Tax Annual Amount: 17422.00
  • Assessor Parcel Number: 020200090003574
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Waterfront Features: Private Dock Site, Sandy Beach

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Jan 30, 2023
Sold by
Torgerson Family Revocable Trust
Bought by
Gudger Andre J
Seller's Agent
Brad Kappel
TTR Sotheby's International Realty
Buyer's Agent
Brad Kappel
TTR Sotheby's International Realty
List Price
$7,997,000
Sold Price
$7,000,000
Premium/Discount to List
-$997,000
-12.47%
Views
32
Current Estimated Value
$4,684,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,315,443
Avg. Annual Appreciation
-13.63%

Purchase Details

Closed on
Jan 15, 2020
Sold by
Torgerson William T and Torgerson Maureen R
Bought by
Torgerson William T and Torgerson Maureen R
Source: Public Records

Range of Values:

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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
Gudger Andre J $7,000,000 Eagle Title
Gudger Andre J $7,000,000 Eagle Title
Torgerson William T -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2023 01/30/23 Sold $7,000,000 -12.5% $1,418 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
11/28/2022 11/28/22 For Sale $7,997,000 -- $1,620 / 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 $21,563 $2,183,233 -- --
2024 $21,563 $1,908,867 $0 $0
2023 $17,849 $1,634,500 $1,182,200 $452,300
2022 $16,367 $1,634,500 $1,182,200 $452,300
2021 $15,923 $1,634,500 $1,182,200 $452,300
2020 $15,923 $1,747,400 $1,296,600 $450,800
2019 $15,674 $1,747,400 $1,296,600 $450,800
2018 $17,719 $1,747,400 $1,296,600 $450,800
2017 $14,823 $1,791,100 $0 $0
2016 -- $1,726,600 $0 $0
2015 -- $1,662,100 $0 $0
2014 -- $1,597,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2047684

Bright MLS

APN: 02-000-90003574