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$949,900

Beds
5
Baths
4.5
sq ft
5,145

911 Coachway, Annapolis, MD 21401

911 Coachway

ANNAPOLIS, MD 21401

  • 84 days on market
    • Price drop $50,000↓
Recent $50k Price Reduction!! Seller motivated to sell! The Downs recently completed their newly finished Clements Creek Marina with floating docks! This marina offers 76 boat slips for Downs homeowners. There is also a second, smaller marina on Brewers Creek that offers a ramp for the smaller watercraft. Bring your kayaks, dingy and paddle boards as there are community racks to fit all your needs at both marinas! One of the only deep water docks in the area! Welcome home to your own private estate nestled in the private and exclusive Downs subdivision in Annapolis, Maryland. This home exudes an incredible estate feel, with stunning curb appeal. The main floor welcomes you with a formal living and Dining space and Master Bedroom. All complimented by the curved staircase and 2 story foyer. The heart of the home is an open floor plan where the family room connects to a spacious gourmet kitchen with enormous island, making it the ideal space for everyday living and gatherings This 5145 SF home has 5 bedrooms, 4 full and 1 half bathrooms. The second level boasts four additional bedrooms, an additional Owner's oversized bedroom with ensuite bathroom. The basement is finished. The 1.22 acre partially wooded oasis lot allows for ample privacy as you entertain or relax on the enormous deck. This home is perfect for remote working or learning its comfortable spaces both inside and out. The Downs on the Severn community boasts excellent amenities including a community pool with swim team, picnic area, playground, and tennis and pickleball courts. Additionally, The Downs recently completed their newly finished Clements Creek Marina with floating docks! This marina offers 76 boat slips for Downs homeowners. There is also a second, smaller marina on Brewers Creek that offers a ramp for the smaller watercraft. Bring your kayaks, dingy and paddle boards as there are community racks to fit all your needs at both marinas! Conveniently located just off Generals Highway which provides easy access to Downtown Annapolis, BWI, DC

Details

Property type

Single Family Residence

Est. home value

$922,972

Lot size

1.22 acres

Price per sq ft

$185

Year built

1975

Annual property taxes

$8,116

Monthly HOA fee

$137.5

Price History

11/06/2024
Bright

Bright #MDAA2090718

Price change
$949,900
-5%
10/21/2024
Bright

Bright #MDAA2090718

Price change
$999,900
-4.77%
09/27/2024
Bright

Bright #MDAA2090718

Listed
$1,050,000

Schools & Community

Elementary school: 

ROLLING KNOLLS

Middle school: 

BATES

High school: 

ANNAPOLIS

Community features: 

Pool

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

$282,845
Asking price
$949,900
Closing costs (~8% of asking)
-$75,992
Est. remaining loan balance
-$591,063
Cash to seller
$282,845

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

Seller’s Loan History

Lender

Vellum Mortgage Llc

Loan start date

December 2021

Original loan amount

$630,000

Est. remaining balance

$591,063

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Mehrdad M Namdar

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: 11/22/2024 at 5:20 AM

Listing updated: 11/15/2024 at 1:39 PM

Listed by: Jonathan S Lahey, EXP Realty, LLC Phone #: (833) 335-7433

MLS: Bright #MDAA2090718

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