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$1,040,000

Beds
5
Baths
4.0
sq ft
3,610

1697 Wells St, Annapolis, MD 21401

1697 Wells St

ANNAPOLIS, MD 21401

  • Pending
ONE OF A KIND CUSTOM HOME BUILT ON LARGE CORNER LOT, PRIME ANNAPOLIS LOCATION, WALKING DISTANCE TO DOWNTOWN. MODEL HOME CONDITION, LOTS OF UPGRADES, NO HOA! You’re on your home-buying journey, hoping to find your perfect home. You see one home after another, some better than others, yet none of them seem to be “THE ONE.” And then you step into a stunning home, instantly sensing the love and care poured into every detail, and you realize you have just struck gold. This is that home. Custom built in 2017, the sellers have spared no expense; they have meticulously taken care of every single detail of this immaculate residence. It becomes immediately apparent how special this home is as you walk through the main entrance and are greeted by the beautiful hardwood flooring. Need a space to work from home? To the right you will see the office/potential bedroom with a custom coffered accent wall. Pass the full bathroom and enter the main area of this level. Here you will experience the heart of the home, a large gourmet kitchen with quartz countertops, white shaker cabinets, stainless steel appliances, and an oversized island with custom pendant lighting that has seating for four. The sellers have also added a custom wood beam which adds a lovely touch of artisanal craftsmanship to the home. The full-size dining room is adjacent to the kitchen, and the cozy family room with a fireplace and beautiful shiplap wall is next to the dining room. Directly off the dining room is the new slider which opens to a large wrap-around yard. This lovely yard features 6-foot privacy fencing, custom brick patio, and enclosed pergola with new patio tile. Additionally, the sellers have planted 20 trees specifically meant to add another layer of privacy. Make your way to the upper level and you are greeted by beautiful hardwood flooring at the landing. Continue on to the spacious owners suite with vaulted ceilings, a shiplap accent wall and a custom wood beam. The ensuite exudes luxury with a frameless, oversized shower, dual vanities and elegant finishes throughout. The custom work continues into the 3 additional bedrooms with beautiful wood trim accent walls making each bedroom special in their own unique way. A sliding barn door opens to the washer dryer which has been located on this level for your convenience. The finished walkout lower level boasts custom bamboo flooring, a private bedroom, and a full bathroom, along with a spacious entertainment and recreation area. Stunning custom accent walls crafted from Napa Valley barrel wood add warmth and character to the space. Lots of storage space on this level as well. AMAZING LOCATION, super close to Navy stadium, walking distance to both downtown Annapolis via Poplar Trail and highly rated Germantown Elementary School. Less than 10 minute drive to multiple grocery stores, shops and restaurants. Easy access to Route 50 and other commuter routes. Entire house was built in 2017, so 30 year roof & Dual-Zone HVAC with smart thermostats are from that year. This home is completely move-in ready!

Details

Property type

Single Family Residence

Est. home value

$890,909

Lot size

8,661 sq ft

Price per sq ft

$289

Year built

2017

Annual property taxes

$9,341

HOA

No

Price History

02/22/2025
Bright

Bright #MDAA2102862

Pending
$1,040,000
02/06/2025
Bright

Bright #MDAA2102862

Listed
$1,040,000
+38.67%
11/30/2020
Bright

Bright #MDAA449778

Sold
$750,000

Schools & Community

Elementary school: 

GERMANTOWN

Middle school: 

BATES

High school: 

ANNAPOLIS

School district: 

ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Negotiation Insights

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

Seller could get up to

$485,811
Asking price
$1,040,000
Closing costs (~8% of asking)
-$83,200
Est. remaining loan balance
-$470,989
Cash to seller
$485,811

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nfm Inc

Loan start date

November 2020

Original loan amount

$520,950

Est. remaining balance

$470,989

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Colin Mcknight and Alexa Banda

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: Pending/Under Contract

Tomo last checked: 03/12/2025 at 12:20 AM

Listing updated: 02/22/2025 at 6:04 PM

Listed by: Ken M Abramowitz, RE/MAX Town Center Phone #: (301) 540-2232

MLS: Bright #MDAA2102862

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