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$549,900

Beds
5
Baths
2.0
sq ft
1,488

1223 Madison St, Annapolis, MD 21403

1223 Madison St

ANNAPOLIS, MD 21403

  • Coming soon
This five bedroom two bathroom raised rancher is fully furnished and move in ready. Currently operating as a licensed short term rental, this Spa Creek property offers flexibility for various uses, whether as a primary residence, second home, or investment opportunity. The main level features a well-designed layout with a living room, dining area, and an upgraded kitchen with stainless steel appliances. Three bedrooms and one full bathroom also complete this level, with access to the back deck overlooking the spacious private backyard and trees. The lower level includes a family room, two bedrooms, a full bathroom, and a laundry room with a walkout to the backyard. Recent upgrades include a newer HVAC system and upgraded flooring in some parts of the home. Outdoor features include a deck, patio, fire pit, and grilling area, ideal for entertaining or relaxing. A storage shed provides extra space, and the spacious driveway offers parking for two cars. Conveniently located near Eastport’s dining, shops, pubs, historic downtown Annapolis, and the Naval Academy, this home offers easy access to entertainment and amenities. Nearby Truxton Park features a pool, tennis courts, a Spa Creek boat ramp, a ball field, and open green space.

Details

Property type

Single Family Residence

Est. home value

$501,828

Lot size

7,240 sq ft

Price per sq ft

$370

Year built

1960

Annual property taxes

$5,690

HOA

No

Price History

11/16/2020
Bright

Bright #MDAA441760

Sold
$330,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Not Available

Loan start date

December 2023

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

Land Contract (Argmt. Of Sale)

Seller

Madison St Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 02/05/2025 at 11:55 AM

Listing updated: 02/04/2025 at 10:29 AM

Listed by: Erica K Baker, TTR Sotheby's International Realty Phone #: (410) 280-5600

MLS: Bright #MDAA2103218

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