47 Richards Ln in Annapolis sells for $1.54 million

The townhome at 47 Richards Ln in Annapolis sold for $1,540,000 on September 1, 2026, according to Maryland Department of Assessments and Taxation property records. The record lists Donald G Holman, Trustee as the seller.

Assessor's records put the market value at $1,224,900. The sale price was 26% above that value.

The last sale on record before this one was $999,000 in 2010. The latest price is 54% above that amount, according to the property records.

Assessor's records list 1,947 square feet of living area, a build year of 2007 and a 1,513-square-foot lot. That works out to $791 per square foot. Listing data shows 4 bedrooms and 4 bathrooms. An aerial photo shows apartment and condo buildings around the property.

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 $11,550 for the county transfer tax (Anne Arundel County) and $5,390 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 $1,439,019. 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 $363,780 at closing. That covers the down payment and closing costs.

Run this net sheet with your numbers (free) See photos on Zillow