What's Up Magazines

Real Time Real Estate: What's Your Home Worth?
by Kimberly Raspa

Special Thanks to:
Alice C. Hollander of Champion Realty Inc., 410-224-0600 x176
Pat Baird of Coldwell Banker, 410-263-8686
Jean Andrews and Pat Bass of Champion Realty Inc., 410-975-3286

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Spa View, Murray Hill
Primary Structure Built 1968
Settled for $1,875,000

Situated overlooking Spa Creek, this waterfront home was on the market for four months and settled for $1,875,000 in April. It boasts three levels with a custom granite-top kitchen, maple cabinets, an entertainment center with state of the art six channel plasma movie theatre, five bedrooms, a full basement, and a one-car garage. In addition to its balcony, deck and patio, it has its own private pier, boat slip and lift.

Shiley, West Annapolis
Primary Structure Built 2004
Settled for $860,000

A truly rags to riches story, this home, last sold in 2004 at $380,000, experienced serious renovations and settled less than a year later in May for $860,000. Located in West Annapolis, the home now has five bedrooms, three baths, a spacious first floor area with nine-foot ceilings, a custom gourmet kitchen with professional stainless steel appliances and granite counters, and new wood floors. It has a front porch and a rear deck with an enclosed screen porch that sits adjacent to the family room. The location is water accessible and only a few miles from Historic Annapolis.

Murray Hill, Historic Annapolis
Primary Structure Built 1917
Settled for $799,900

Just a ten-minute walk to downtown Annapolis, this residence, neighbor to the new Acton Landing development, received a generous price cut and sold less than a month on the market under a new listing. The value of the home weighed heavily on the convenient historic location and its preservation of original features: windows, frames and archways. Upgrades to the kitchen and powder room were made. It has a large front and rear porch and a two car detached garage.

Fair Oaks, Severna Park
Primary Structure Built in 1970
Settled for $725,000

This four bedroom, 2.5 bath Colonial-style, water-privileged home is located in the family community of Fair Oaks on the Magothy. It was purchased, according to tax records, in 1978 for $107,500 and sold on May 6, 2005, for $725,000. Sited on a .35 acre, the area is a professionally landscaped corner lot with an in-ground sprinkler system. The residence has an updated kitchen, wood floors, new windows, large screened porch, deck, and brick patio.