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308 Locust Ave, Annapolis, MD, 21401

$797,000

Home List Price

$9,464*

Closing Credit

4 Bedrooms
2 Full Baths
1,983 SqFt
$402/SqFt
House

Location

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308 Locust Ave, Annapolis$797,000

Buyer Closing Credits

$9,464*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, On Street
Year Built1940
HeatingHeat Pump, Central
CoolingCentral Air, Heat Pump
BasementYes
FireplaceBrick, Mantel(s)
ViewGarden
MLS #MDAA2093920
Lot Size0.33 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 308 Locust Ave

Taking back up offers. WELCOME TO 308 LOCUST AVE, A BEAUTIFULLY REMODELED HOME LOCATED IN THE HEART OF ANNAPOLIS WITH CLOSE PROXIMITY TO THE HISTORIC DISTRICT OFFERING EASY ACCESS TO SHOPS, RESTAURANTS, AND THE NAVAL ACADEMY. THE HOME IS NESTLED ON A SPACIOUS 0.33-ACRE LOT AND HAS AN EXPANSIVE BACKYARD. ORIGINALLY BUILT IN 1940, THIS PROPERTY OFFERS A PERFECT BLEND OF HISTORIC CHARACTER AND MODERN UPGRADES ENSURING A COMFORTABLE AND STYLISH LIVING EXPERIENCE. THE HOME WAS FULLY REMODELED IN 2024 AND BOASTS A BRAND NEW ROOF, SIDING, KITCHEN, BATHROOMS, FLOORING, HVAC SYSTEM, AND MANY OTHER EXTRAS FOR WORRY-FREE LIVING. THE HOME PROVIDES 1983 SQ FT OF INTERIOR SPACE, 4 BEDROOMS IN TOTAL WITH A (MASTER + ADDITIONAL BEDROOM ON FIRST FLOOR), 2 ADDITIONAL BEDROOMS ARE LOCATED ON THE 2ND FLOOR, AND 2 FULL BATHS LOCATED ON THE FIRST FLOOR. THE HOME ALSO HAS A UNFINISHED WATERPROOFED BASEMENT WITH AN ADDITIONAL 1257 SQ FT OF SPACE. DON'T MISS OUT ON THIS RARE OPPORTUNITY - SCHEDULE YOUR PRIVATE SHOWING TODAY!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1940
  • Living Area: 1,983 SqFt

Listing Office:

  • Office Name: Cottage Street Realty LLC
  • Office Phone: (703) 242-0005
  • Listing Agent: Alexandra I Burrell-Hodges

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, Microwave, Self Cleaning Oven, Oven, Electric Range, Stainless Steel Appliances, Water Heater
  • Basement: Yes
  • Flooring Type: Heavy Duty, Luxury Vinyl Plank, Tile/Brick
  • Interior: Entry Level Bedroom, Dining Area, Floor Plan - Traditional, Kitchen - Galley, Primary Bath(s), Recessed Lighting, Bathroom - Tub Shower, Upgraded Countertops, Wood Floors
  • Fireplace: Brick, Mantel(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Play Equipment, Sidewalks, Street Lights

Parking Information:

  • Parking: Driveway, On Street

Lot Features

Lot Information:

  • Lot: Front Yard, Landscaped, Back Yard
  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Central
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: US-50 E toward Bay Brg, Exit 24 Rowe Blvd toward Annapolis, Right on Farragut Rd then Right on Cedar Park Rd, and Left on Locust Ave

Municipality:

  • Annapolis

Price Information

Listing Price Info

Price Summary:

  • List Price: $797,000
  • Price Per SqFt: $402/SqFt

Tax Information:

  • Annual Amount: $5,815
  • 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

$301

Avg. Days On Market

23

# of Sold Homes

87

308 Locust Ave vs Annapolis

96 DAYS ON ROCKET

+73 Days

$797,000

+$197K More

$402/SqFt

+$101 More

KEY TAKEAWAY

This property is $197K more than the Median Sold Price and $101/SqFt more than other homes in Annapolis, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDAA2093920

Listing Office:

  • Office Name: Cottage Street Realty LLC
  • Office Phone: (703) 242-0005
  • Listing Agent: Alexandra I Burrell-Hodges

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: 12/15/2024, 9:20:57 PM 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$5,815$432,333
2020$4,863$421,400
2018$4,743$418,067
2017$4,342$416,400

History based on county public records data.

Payment Calculator

$4,045

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,456

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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-3738492
3
/10
  • Germantown Elementary School

  • 200 Windell Ave

  • 0.24 miles

  • Public District Grades PK-5

school-card-donut-3738493
9
/10
  • West Annapolis Elementary School

  • 505 Melvin Ave

  • 0.80 miles

  • Public District Grades KG-5

school-card-donut-3738494
3
/10
  • Walter S. Mills - Parole Elementary School

  • 1 George and Marion Phelps Ln

  • 0.82 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $132,750. Most Annapolis, MD residents have annual incomes between $100k-200k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

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 308 Locust Ave

What is the listing price of this property?

The listing price of 308 Locust Ave property is $797,000.

What type of property is this?

The property 308 Locust Ave is a house located in Annapolis, Maryland, 21401.

Is this property for sale now?

Accepting Backup Offers: 308 Locust Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,815 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 308 Locust Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 308 Locust Ave is 1,983 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 308 Locust Ave is 1940.

Rocket Homes›Maryland›Anne Arundel County›Annapolis›21401›308 Locust Ave

This home is located at 308 Locust Ave in Annapolis, MD and zip code 21401. This 1,983 square foot home, which was built in 1940, sits on a 0.33 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $797,000.

Over 28 listings were sold over their listed price in November 2024 in Annapolis, MD. In the same period over 35 listings were sold below the listed price and 24 listings were sold for the listed price. Between October 2024 and November 2024, Annapolis, MD real estate market has seen decrease in the number of listings by 1.7%. In November 2024, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $600,000.

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

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