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3 Park Ln, Annapolis, MD, 21403

$850,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
3,235 SqFt
$263/SqFt
House

Location

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3 Park Ln, Annapolis$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingInside Access, Attached Garage, Driveway
Garage2 spaces
Year Built1957
HeatingHeat Pump
CoolingCentral Air
FireplaceBrick, Mantel(s), Wood
ViewGarden, Trees/Woods
MLS #MDAA2096836
Lot Size0.38 Acres
StatusActive
(ACTIVE)

About 3 Park Ln

Don't miss this incredible opportunity to own a charming 5 bedroom (3 in main house, 2 in apartment) ranch-style home in the highly sought-after Parkwood community in Annapolis. Tucked away at the end of a private road and backing to the serene woods and Back Creek, this property offers a unique sense of privacy and tranquility with rental opportunity. The Parkwood community is a water-privileged haven, featuring a marina with a pier, multiple docks, and a convenient waitlist system for boat slips. You'll have front-row seats to exciting events like the Blue Angels and fireworks shows, all while being just steps away from the vibrant Eastport neighborhood and a short distance to the historic Downtown Annapolis, offering shopping, dining, entertainment, and the renowned Naval Academy. This sprawling home provides main-level living at its finest, with two well-designed additions that add extra space and versatility. The attached garage is a dream, accommodating up to four vehicles and boasting a recently updated apartment on the upper level. This apartment includes a great room, 2 bedrooms, a kitchen, and a full bath, making it an ideal in-law/guest suite, a haven for midshipmen, or a rental. Inside the main home, you'll find a cozy living room with crown molding and a brick-accented fireplace, creating the perfect gathering spot. The kitchen offers upgraded stone counters, a tile backsplash, slate flooring, and a convenient breakfast table space. The adjacent dining room features a built-in cabinet and buffet, adding convenience to your dining experiences. A wonderful family room addition is flooded with natural light through its beautiful windows, creating an inviting area for entertaining and hosting holiday gatherings. The primary bedroom boasts an en-suite bath, while two additional bedrooms and a full bath round out the living quarters. The breezeway between the house and garage is a versatile space that can serve as a recreation room or provide extra storage. This house is also equipped with a storage shed and Generac generator. With the perfect blend of comfort, convenience, and opportunity in one of Annapolis's most desirable communities, don’t miss this opportunity to make this house your home. Property Updates: Carpet, paint, HVAC, baths upgraded, electric panel box, family room windows, kitchen backsplash, apartment updates, and more!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1957
  • Stories: 1
  • Living Area: 3,235 SqFt

Listing Office:

  • Office Name: Northrop Realty
  • Office Phone: (240) 680-1515
  • Listing Agent: Keri Weis

Interior Features

Interior Information:

  • Appliances: Dishwasher, Ice Maker, Double Oven, Oven, Gas Range, Range Hood, Refrigerator, Water Heater, Dryer, Washer
  • Basement: No
  • Flooring Type: Carpet, Laminate Plank
  • Interior: Breakfast Area, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Upgraded Countertops
  • Fireplace: Brick, Mantel(s), Wood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Garden, Trees/Woods

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Inside Access, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot: Trees, Private
  • Lot Size: 0.38 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Bay Ridge Avenue, turn right onto Springdale Avenue. Turn right onto Park Lane. Destination will be on the right. Welcome home!

Municipality:

  • Annapolis

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $263/SqFt

Tax Information:

  • Annual Amount: $7,050
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Annapolis, MD.

Med. Sold Price

$600K

Med. Price/SqFt

$302

Avg. Days On Market

32

# of Sold Homes

98

3 Park Ln vs Annapolis

33 DAYS ON ROCKET

+1 Day

$850,000

+$250K More

$263/SqFt

-$39 Less

KEY TAKEAWAY

This property is $250K more than the Median Sold Price and $39/SqFt less than other homes in Annapolis, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDAA2096836

Listing Office:

  • Office Name: Northrop Realty
  • Office Phone: (240) 680-1515
  • Listing Agent: Keri Weis

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 8:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,050$520,267
2020$7,192$510,100
2018$7,050$506,833
2017$6,593$505,200

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1119576
4
/10
  • Georgetown East Elementary School

  • 111 Dogwood Rd

  • 0.45 miles

  • Public District Grades PK-5

school-card-donut-1119577
2
/10
  • Tyler Heights Elementary School

  • 200 Janwall St

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-1119578
3
/10
  • Eastport Elementary School

  • 420 Fifth St

  • 0.76 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,839. The most common annual income of people living in Annapolis, MD is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Annapolis, MD

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Annapolis, MD?

Annapolis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from colonial to contemporary, reflecting the city's rich history and modern growth. The housing market is dynamic, with a mix of historic homes and newer developments. While the majority of residents own their homes, a substantial portion of the population opts for rental properties, including apartments and townhouses.

Is Annapolis, MD a good place to live?

Annapolis is celebrated for its historic charm and maritime heritage. The city prides itself on being the state capital and the home of the United States Naval Academy. Community events such as the Annapolis Boat Shows and the Maryland Seafood Festival showcase the city's connection to the Chesapeake Bay. The area's character is further defined by its walkable downtown area, which features a blend of antique shops, art galleries, and waterfront dining.

Are things conveniently located in Annapolis, MD?

The community benefits from a robust educational system, with a number of public and private schools serving the area, as well as higher education institutions like St. John's College. Annapolis is equipped with several healthcare facilities, offering a range of services from routine care to specialized medical treatments. The city also hosts a public library system that serves as a resource for residents. Retail and dining options are plentiful, with establishments ranging from boutique shops to nationally recognized chains, many of which reflect the local seafood cuisine.

What does the transportation in Annapolis, MD look like?

Transportation in Annapolis includes a variety of options for residents and visitors. The city's public transit system provides connections to key areas, and the presence of ride-sharing services offers additional flexibility. Annapolis is known for its walkable downtown, while other areas are more car-dependent. Major roads and highways facilitate travel in and out of the city, and ongoing infrastructure projects aim to improve traffic flow and accessibility.

Frequently Asked Questions About 3 Park Ln

What is the listing price of this property?

The listing price of 3 Park Ln property is $850,000.

What type of property is this?

The property 3 Park Ln is a house located in Annapolis, Maryland, 21403.

Is this property for sale now?

Active Listing: 3 Park Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,050 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3 Park Ln has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 3 Park Ln is 3,235 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3 Park Ln is 1957.

Rocket Homes›Maryland›Anne Arundel County›Annapolis›21403›3 Park Ln

This home is located at 3 Park Ln in Annapolis, MD and zip code 21403. This 3,235 square foot home, which was built in 1957, sits on a 0.38 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $850,000.

While more than 37 listings in Annapolis, MD in October 2024 were sold above asking price, there were more than 20 listings sold at asking price, and more than 41 were sold below. The inventory of homes for sale in Annapolis, MD between September 2024 and October 2024 increased by 7%. While the average time on the market in October 2024 was 32 days, the median list price was $600,000.

From Rocket Homes Real Estate and based on county public records data.

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