1100 Magothy Cir in Annapolis sells for $3.5 million

A home at 1100 Magothy Cir in Annapolis sold for $3,500,000 on October 2, 2026. The Maryland Department of Assessments and Taxation's property records report the sale. The record lists Frank Benz as the seller.

That price is 82% above the $1,925,200 market value in the Assessor's records. The last sale before this one on record was $999,999 in 2024. The current price is 3.5 times that amount.

An aerial photo shows the parcel sits directly on a river. Trees cover much of the lot. Other houses surround it.

Assessor's records list 4,564 square feet of living area, a build year of 2026 and a 0.75-acre lot. The price works out to $767 per square foot. Listing data shows 5 bedrooms and 5 bathrooms.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Anne Arundel County?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $26,250 for the county transfer tax (Anne Arundel County) and $12,250 for the recordation tax (Anne Arundel County). Who pays what follows Anne Arundel County custom.

How much did the seller net?

By our estimate, the seller netted about $3,286,412. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $836,851 at closing. That covers the down payment and closing costs.

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