What's Up Magazines

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

Special Thanks to:
LaVerne Gucker of Coldwell Banker Residential Brokerage, 410-263-8686 or 443-534-0180 George Turner of Coldwell Banker Residential Brokerage, 410-263-8686

Pines on the Severn, Arnold
Primary Structure Built 1935
Settled for $2,950,000

Nestled within a private setting overlooking the Severn River in Arnold, this Cape Cod style home last sold for $2,195,000 in 2003, was placed on the market for $2,995,000 in May, and settled in July for $2,950,000. Constructed on 1.8 acres of land, it was recently remodeled and features six bedrooms, a patio, rear porch, terrace, and private multi-slip pier (that permits two power boats) with a power lift and easy access to the Bay. There are three floors, a fully finished basement, and a two-car garage with automatic doors.

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Arbutus Banks, Ferry Point
Primary Structure Built 1999
Settled for $2,750,000

Sold in 1996 for $602,000, the original structure on this choice waterfront lot was torn down, rebuilt, and appraised for $3 million in June. It settled for $2,750,000 in July. The balcony looks out onto a private pier with a 20,000 lb. boatlift, a 60-foot boat slip, and Jet Ski lift. Amenities include five bedrooms, five baths and one -half bath, 11-foot ceilings on the first floor, granite counters in the kitchen with a 5x7 foot island, library, family room, and full basement.

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Great Meadow, St. Margarets
Primary Structure Built 1964
Settled for $775,000

On the market for barely a week, this Annapolis home-previously sold in 1997 for $305,000-settled in June for $775,000. The Realtor said its proximity to Annapolis- area schools and to Routes 2, 50, and 97 helped it sell quickly. Located in St. Margarets, the Cape Cod style home is entirely brick and has three bedrooms, two full baths, and one-half bath. It features a new first floor master suite, solarium with stained glass, family room with antique oak paneling and stone fireplace, and spacious country kitchen with cherry cabinets.

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If you are a realtor and would like to see your settled or sold homes in What's Up? Annapolis, contact Kimi Raspa, 410-267-9390 ext. 117, kraspa@whatsupmag.com