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$1,950,000

Beds
6
Baths
8.0
sq ft
11,350

1254 Washington Dr, Annapolis, MD 21403

1254 Washington Dr

ANNAPOLIS, MD 21403

  • 771 days on market
    • Price drop $3,050,000↓
Ready to build your dream home? This project is mostly demo'ed and ready for you to take over and make it your own. You can run with our plans as rended in the pictures or make your own. ****NO Walking on the property without an appointment. Showings by appointment only with POF*** Current structure is a pretty much a shell. What makes this an amazing opportunity is what is existing. For an example the concrete structure on the main part of the house that could easily be reused to build an awesome modern home. The left side of the home has a large pool inside that if you were to build large glass doors could overlook / open up to the rear water views. There is an existing boat house which you would not be able to make today. There is a ton of impervious surface area and parking for all your needs. The double lot that we had to have joined. The plans we drafted up are over 10,000 sq feet including a 2 wide 2 deep garage, large kitchen with walk in cold room, lots of glass and openness, elevator, and more. This home would be the perfect weekend get away to entertain. Note: the sale is for the project AS-IS and not a new finished home. We will include our plans if you like for free and happy to show you what we envisioned. ** bedroom / bath count etc are based off plans and not existing. **Listing Agent is co-owner. A few new pictures of the lot coming soon.

Details

Property type

Single Family Residence

Est. home value

$1,107,116

Lot size

0.32 acres

Price per sq ft

$172

Year built

1900

Annual property taxes

$6,872

HOA

No

Price History

06/06/2024
Bright

Bright #MDAA2042774

Listed
$1,950,000
+105.26%
04/08/2022
Bright

Bright #MDAA2026370

Sold
$950,000
+52%
07/13/2020
Bright

Bright #MDAA425276

Sold
$625,000

Schools & Community

Elementary school: 

HILLSMERE

Middle school: 

ANNAPOLIS

High school: 

ANNAPOLIS

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

Navigator Private Capital Llc

Loan start date

April 2022

Original loan amount

$1,800,000

Est. remaining balance

Not provided

Interest rate

3.92%

Loan type

Commercial

Seller

Vermillion And Spear 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: Active

Tomo last checked: 09/27/2024 at 6:35 PM

Listing updated: 09/09/2024 at 5:21 PM

Listed by: Brendan R Spear, Caprika Realty Phone #: (866) 274-9884

MLS: Bright #MDAA2042774

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