What's Up Magazines

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

Special Thanks to:
Carlyn Lowery of Keller Williams Select Realtors, 410-972-4032
Tom Emert of Long and Foster Real Estate, Inc., 410-266-6880
Fletcher Bauman of Champion Realty, Inc., 410-263-2000

Bywater Estates, Annapolis
Primary Structure Built 2004
Settled for $3,300,000

This Scarlett Breeding-designed waterfront home was last purchased in 2004 at $2,750,000 and was resold in March for $3,300,000. The five-bedroom, four-full and two-half bath residence lies on a private, 6.3-acre estate setting. The previous homeowner wasted no time enhancing the property: he paved a 1/10 mile driveway, added a custom waterside swimming pool and patio, finished the basement, and enclosed the breezeway between the house and garage. It features a main-level master suite, gourmet kitchen, hardwood floors, and scenic water views from each room. There's also a private, multi-slip deep-water pier (6-7 ft. water depth), 300 feet of frontage, and a waterside pool.

Rugby Hall Estates, Arnold
Primary Structure Built 1963
Settled for $2,800,000

Previously sold for $1,300,000 in 1999, this Arnold estate made a significant jump in price and settled in May for $2,800,000. "The property sold itself," according to the Realtor. It boasts a waterfront view of the Severn River, a balcony, deck and hot tub, patio, sauna, five-boat private pier, and waterside front yard pool. Inside, it has a marble foyer, gourmet kitchen, solarium, enclosed glass porch, four bedrooms, three baths and two half baths. Its final touches include multiple-style ceilings, French doors, and Palladian windows.

Thompson Street, Murray Hill
Primary Structure Built 1926
Settled for $900,000

This Annapolis veteran home, built in 1926, last sold in 1980 for $110,000. It was re-listed, remained on the market for 160 days, and then sold at the closing price of $900,000. Upgrades include a spacious family room added to the rear of the house (rare for an older home), and French doors leading to the garden. Additional projects involved the owners literally "raising the roof" and transforming their attic into a master suite.