NOT LISTED FOR SALE

181 Prince George St Annapolis, MD 21401

Downtown Annapolis Neighborhood

Estimated Value: $1,608,000 - $1,840,000

-- Bed
3 Baths
2,772 Sq Ft
$607/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $1,300,000 $469 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $10,167/month

Highlights

  • City View
  • Deck
  • Terrace
  • Open Floorplan
  • Wood Flooring
  • 5-minute walk to Susan Campbell Park

About This Home

As of May 2021

Extremely rare investment opportunity to purchase all brick modern-built apartment building in the Historic District of Downtown Annapolis. Outstanding rental history. Absolutely beautiful units, all with open floor plans, stunning views and great outside space. Each has laundry in unit. All separate systems and utilities. Basement storage, utility assess. No lead paint!Three current licenses with the City of Annapolis. Ideally located across from the William Paca House and just down the street from The State House. Close to all of Annapolis fun but in a quiet residential location.

Last Agent to Sell the Property

Alex Tower Sears

(443) 254-5661 atsears@ttrsir.com TTR Sotheby's International Realty License #589774 Listed on: 03/10/2021

TTR Sotheby's International Realty

Last Buyer's Agent

Joanna Dalton

(410) 980-8443 joanna.dalton@cbmove.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,751

Year Built

  • Built in 1995

Lot Details

  • 1,800 Sq Ft Lot
  • Downtown Location

Parking

  • On-Street Parking

Property Views

  • City
  • Scenic Vista

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 2,772 Sq Ft Home
  • Open Floorplan
  • Wood Flooring
  • Stacked Washer and Dryer
  • Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Outdoor Features

  • Multiple Balconies
  • Deck
  • Screened Patio
  • Terrace
  • Porch

Schools

  • Annapolis Elementary School
  • Bates Middle School
  • Annapolis High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020600000323750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,751

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2021-03-10
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Remarks Public: Extremely rare investment opportunity to purchase all brick modern-built apartment building in the Historic District of Downtown Annapolis. Outstanding rental history. Absolutely beautiful units, all with open floor plans, stunning views and great outside space. Each has laundry in unit. All separate systems and utilities. Basement storage, utility assess. No lead paint!Three current licenses with the City of Annapolis. Ideally located across from the William Paca House and just down the street from The State House. Close to all of Annapolis fun but in a quiet residential location.
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Oven/Range - Gas, Water Heater
  • Interior Amenities: Floor Plan - Open, Kitchen - Eat-In, Wood Floors
  • Basement: Yes
  • Total Sq Ft: 2772
  • Living Area Sq Ft: 2772
  • Price Per Sq Ft: 487.01
  • Above Grade Finished Sq Ft: 2772
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 181

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • View: City, Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas Available
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: ANNAPOLIS
  • Middle School: BATES
  • High School: ANNAPOLIS
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140671932
  • School District Source: Listing Agent
  • Elementary School: ANNAPOLIS
  • High School: ANNAPOLIS
  • Middle Or Junior School: BATES

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 337700.00
  • Land Assessed Value: 616800.00
  • Land Use Code: 011
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1800.00
  • Outdoor Living Structures: Porch(es), Patio(s), Deck(s), Balconies- Multiple, Screened, Terrace
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • Zoning Description: Non-Conforming use.
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 2
  • Rent Control: No
  • Units Furnished: All
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15312804
  • Tax Annual Amount: 13751.00
  • Assessor Parcel Number: 020600000323750
  • Tax Total Finished Sq Ft: 2772
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/24/2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
May 24, 2021
Sold by
Bappanad Krishna and Bappanad Chandra
Bought by
Monroe Cody James
Seller's Agent
Alex Tower Sears
TTR Sotheby's International Realty
Buyer's Agent
Joanna Dalton
Coldwell Banker Realty
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%
Current Estimated Value
$1,683,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,771
Avg. Annual Appreciation
5.19%
Original Mortgage
$1,300,000
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Dec 14, 2011
Sold by
Prehn William I and Prehn John L
Bought by
Gantt Ii William Andrew H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2011
Sold by
Prehn Prehn and Prehn John L
Bought by
Thomas Janice L Prehn and Thomas Janice L John L

Purchase Details

Closed on
Jan 31, 2011
Sold by
Prehn Prehn and Prehn John L
Bought by
Thomas Janice L Prehn and Thomas Janice L John L

Purchase Details

Closed on
Feb 7, 2006
Sold by
Prehn John L
Bought by
Prehn John L and Prehn John L

Purchase Details

Closed on
Jan 24, 2006
Sold by
Prehn John L
Bought by
Prehn John L and Prehn John L
Source: Public Records

Range of Values:

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Average Value
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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
Monroe Cody James $1,300,000 Church Circle T&E Llc
Gantt Ii William Andrew H $825,000 Penfed Title Llc
Thomas Janice L Prehn -- --
Thomas Janice L Prehn -- --
Prehn John L -- --
Prehn John L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monroe Cody James $1,300,000
Previous Owner Gantt Ii William Andrew H $608,000
Previous Owner Gantt Ii Willaam Andrew H $613,000
Previous Owner Gantt Ii William Andrew H $618,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $1,300,000 -3.7% $469 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $1,350,000 +52.2% $487 / Sq Ft
07/30/2015 07/30/15 Sold $887,000 -4.1% $314 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $925,000 -- $328 / 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 $15,297 $1,174,567 -- --
2024 $15,297 $1,064,533 $0 $0
2023 $13,707 $954,500 $616,800 $337,700
2022 $13,449 $954,500 $616,800 $337,700
2021 $26,898 $954,500 $616,800 $337,700
2020 $13,752 $975,300 $656,800 $318,500
2019 $13,316 $943,733 $0 $0
2018 $12,688 $912,167 $0 $0
2017 $11,284 $880,600 $0 $0
2016 -- $862,067 $0 $0
2015 -- $843,533 $0 $0
2014 -- $825,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Tower Sears

    Seller's Agent in 2021

    Alex Tower Sears

    TTR Sotheby's International Realty

    (443) 254-5661

    37 in this area

    160 Total Sales

    Alex Tower Sears
    Section Image
  • Joanna Dalton

    Buyer's Agent in 2021

    Joanna Dalton

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (410) 980-8443

    11 in this area

    118 Total Sales

    Joanna Dalton
    Section Image
  • George Turner

    Seller's Agent in 2015

    George Turner

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (410) 280-0000

    8 in this area

    30 Total Sales

    George Turner
    Section Image
  • Ryan Turner

    Seller Co-Listing Agent in 2015

    Ryan Turner

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (443) 223-0743

    7 in this area

    39 Total Sales

    Ryan Turner
    Section Image
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Map

Source: Bright MLS

MLS Number: MDAA460768

Bright MLS

APN: 06-000-00323750

Maryland Anne Arundel County Annapolis 21401 Downtown Annapolis

181 Prince George St, Annapolis, MD

This home is located at 181 Prince George St, Annapolis, MD 21401 since 10 March 2021 and is currently estimated at $1,683,771, approximately $607 per square foot. This property was built in 1995. 181 Prince George St is a home located in Anne Arundel County with nearby schools including Annapolis Elementary School, Wiley H. Bates Middle School, and Annapolis High School.

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