Taxes
- Assessed Value: $2,825,200
- Assessed Year: 2025
- Assessed County: Anne Arundel
- APN: 2-003-04845720
- Market Land Value: 1334000
- Tax Amount: 22964.08
- Tax Year: 2024
- Market Value: 3247300
- Market Year: 2025
488 Ferry Point Rd; Annapolis, MD Property Details
Off market
488 Ferry Point Rd Annapolis, MD 21403
$2,250,000 Listing Price
4 Beds
4.5 Baths
7,361 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 2018
- Purchase Price: $2,250,000
- Open Loans / Balance: 3 / $1,622,927
- Est. Equity / %: $3,112,073 / 65.72%
- Gross Yield: 0.91%
- APN: 2-003-04845720
- Situs County: Anne Arundel
- Length Of Ownership: 7 years, 2 months
Rooms
- Bedrooms: 4
- Bathrooms: 4.5
- Full Bathrooms: 4
- Partial Bathrooms: 1
Structure
- Stories: 2.5
- Exterior Wall Type: Siding Not (aluminum, vinyl, etc.)
- Building Condition: Excellent
- Building Quality: C
- Pool Type: Yes
- Roof Cover Type: Composition Shingle
- Sewer Type: Yes
- Water Source: Yes
- Deck: true
Measurements
- Total: 7,361/SqFt
- Lot: 205,168/SqFt
- Gross: 8,369/SqFt
- Garage: 1,008/SqFt
- Living: 7,361/SqFt
- Basement: 2,128/SqFt
- Building: 8,369/SqFt
- Ground: 2,661/SqFt
- Basement Finished: 2,128/SqFt
- Garage Unfinished: 1,008/SqFt
- Price Per Square Foot: $305.66
Legal Description
- Description: LT 12 PT LT 13 ARBUTUS BANKS
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Anne Arundel County Public Schools
- Lat / Lon: 38.95522 / -76.52363
- Subdivision: Arbutus Banks
- Property Class: Residential
- Zoning: R1
- County Use Code: R-C001
Amenities
- Pool: true
- Plus Four: 1348
- Cooling: Central
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Heat Pump
- Parking: 3
HOA
- H O A One: $50
- H O A Amount: $50
- H O A One Frequency: Annual
- H O A One Type: Home Owner Association
Ownership Info
488 Ferry Point Rd has no associated ownership info
488 Ferry Point Rd has no associated ownership info.
Taxes
488 Ferry Point Rd has 9 associated Taxes items
488 Ferry Point Rd, Annapolis, MD pays taxes in Anne Arundel County, MD. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $2,825,200. The APN we've located for 488 Ferry Point Rd is 2-003-04845720.
Unlock the full reportTax History
488 Ferry Point Rd has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $2,825,200 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $22,964.08 | Change Rate +0.061554% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $1,981,000 | Land Value $1,134,000 | Improvement Value $847,000 | Tax Amount $21,632.52 | Change Rate +0.053789% | Assessed CR | Tax Rate +0.01092% |
| Year 2022 | Assessed Value $1,964,433 | Land Value | Improvement Value | Tax Amount $20,528.32 | Change Rate | Assessed CR | Tax Rate +0.01045% |
| Year 2021 | Assessed Value $1,947,867 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2020 | Assessed Value $1,931,300 | Land Value $1,194,000 | Improvement Value $737,300 | Tax Amount $20,737.9 | Change Rate -0.374981% | Assessed CR | Tax Rate +0.010738% |
| Year 2019 | Assessed Value $1,931,300 | Land Value $1,194,000 | Improvement Value $737,300 | Tax Amount $33,179.62 | Change Rate +1.800301% | Assessed CR | Tax Rate +0.01718% |
| Year 2018 | Assessed Value $1,168,500 | Land Value | Improvement Value | Tax Amount $11,848.59 | Change Rate -0.133748% | Assessed CR | Tax Rate +0.01014% |
| Year 2017 | Assessed Value $1,341,900 | Land Value | Improvement Value | Tax Amount $13,677.99 | Change Rate | Assessed CR | Tax Rate +0.010193% |
| Year 2016 | Assessed Value $1,286,967 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $1,303,333 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $1,248,400 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |