NOT LISTED FOR SALE

98 Spring Valley Dr Annapolis, MD 21403

Estimated Value: $573,355 - $665,000

3 Beds
2 Baths
1,358 Sq Ft
$457/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $550,000 $405 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,747/month

2 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Private Water Access
  • Hillsmere Elementary School Rated 9+
  • Home fronts navigable water
  • Recreation Room

About This Home

As of April 2024

Nestled on a generous .30-acre corner lot, this charming single-family residence resides just a mere half mile from the private community beach! Upon entry, you're welcomed into an inviting enclosed sunroom, ideal for hosting gatherings or enjoying serene evenings on the porch. Making your way inside the home, you will step into the spacious living room adorned with hardwood floors and a cozy wood-burning fireplace. Moving from the living area you will find the dining space, offering access to the backyard and accommodating a dining set with ease. Conveniently connected is the fully equipped kitchen, featuring major appliances, a breakfast bar, and ample cabinetry. Down the hallway, discover three sizable bedrooms, each boasting ample closet space and hardwood flooring, with the primary bedroom featuring its own private bath. Moving downstairs to the basement you will find a spacious recreation room, complete with another charming fireplace, hardwood floors, and versatility for various activities. Additional highlights include an oversized storage room with a cedar-lined closet and a designated laundry area, all within a fully waterproofed basement. Outside, revel in the expansive yard and the convenience of a one-car garage. This home is located in the lovely Hillsmere Shores community, with its own private beach, playgrounds, waterfront pavilion, and just a short drive from Historic Downtown Annapolis. Plus, you can purchase with peace of mind as this home comes with a one-year First American Home Warranty.

Last Agent to Sell the Property

Scott Smolen

(301) 651-1261 sbsmolen@gmail.com RE/MAX Leading Edge License #520450 Listed on: 04/11/2024

RE/MAX Leading Edge

Last Buyer's Agent

Carolyn Buchleitner

(410) 530-5602 carolyn.buchleitner@thepcshometeam.com Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,025

Year Built

  • Built in 1966

Lot Details

  • 0.3 Acre Lot
  • Home fronts navigable water
  • Corner Lot
  • Property is zoned R2

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Permanent Foundation
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Brick Fireplace
  • Living Room
  • Dining Room
  • Recreation Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Cedar Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Water Proofing System
  • Laundry in Basement

Eco-Friendly Details

  • Solar Water Heater

Outdoor Features

  • Private Water Access
  • River Nearby
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Water Treatment System
  • Well

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 020241207669520

Community Details

Overview

  • Hillsmere Shores Improvement Assoc. HOA
  • Hillsmere Estates Subdivision

Amenities

  • Picnic Area

Recreation

  • Boat Dock
  • Beach
  • Community Playground
  • Community Pool
  • Pool Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,025

Year Built

Built in 1966

Lot Details

0

HOA Fees

$2 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Icemaker, Oven/Range - Electric, Refrigerator, Washer, Water Heater - Solar
  • Flooring Type: Hardwood
  • Interior Amenities: Cedar Closet(s), Ceiling Fan(s), Entry Level Bedroom, Primary Bath(s), Tub Shower, Water Treat System, Wood Floors
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Permanent
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Recreation Room, Storage Room
  • Basement: Yes
  • Basement Type: Full, Water Proofing System
  • Laundry Type: Basement, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2396
  • Living Area Sq Ft: 1358
  • Price Per Sq Ft: 386.60
  • Above Grade Finished Sq Ft: 1358
  • Below Grade Sq Ft: 1038
  • Total Below Grade Sq Ft: 1038
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Brick Front, Vinyl Siding
  • Spa: No
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric, Solar
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 25.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Picnic Area, Tot Lots/Playground, Pool Mem Avail, Boat Dock/Slip
  • HOA Name: HILLSMERE SHORES IMPROVEMENT ASSOC.
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: HILLSMERE
  • High School: ANNAPOLIS
  • Middle Or Junior School: ANNAPOLIS

Lot Info

  • Additional Parcels: No
  • Lot Features: Corner
  • Lot Size Acres: 0.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13205.00
  • Outdoor Living Structures: Enclosed, Porch(es)
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5025.00
  • Assessor Parcel Number: 020241207669520
  • Tax Lot: 13
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Apr 30, 2024
Sold by
Lord Nina M
Bought by
Koski Robert Kyle
Seller's Agent
Scott Smolen
RE/MAX Leading Edge
Buyer's Agent
Carolyn Buchleitner
Berkshire Hathaway HomeServices PenFed Realty
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%
Views
37
Current Estimated Value
$621,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,089
Avg. Annual Appreciation
7.94%
Original Mortgage
$440,000
Outstanding Balance
$433,819
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$187,270
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Koski Robert Kyle $550,000 Eagle Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koski Robert Kyle $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $550,000 +4.8% $405 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $525,000 -- $387 / 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 $5,695 $477,600 -- --
2024 $5,695 $451,500 $0 $0
2023 $3,599 $425,400 $282,200 $143,200
2022 $3,393 $422,833 $0 $0
2021 $6,692 $420,267 $0 $0
2020 $3,259 $417,700 $282,200 $135,500
2019 $3,207 $406,933 $0 $0
2018 $4,017 $396,167 $0 $0
2017 $3,036 $385,400 $0 $0
2016 -- $360,133 $0 $0
2015 -- $334,867 $0 $0
2014 -- $309,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2081982

Bright MLS

APN: 02-412-07669520