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5 Silverwood Cir APT 1, Annapolis, MD, 21403

2beds
2baths
0sqft
$265,000
--price/sqft
$1,997/moest. monthly cost
$79,880/yrincome needed

About This Home

NEW HVAC November 2024*** NEW LIGHTING 2024***NEW ELECTRICAL PANEL 2026 ***New shower glass door in master bathroom >>>Popular Fairwinds Condo is a great place to live!! Two Bedroom Two Bath WITH DEN condominium ! Newer stainless steel appliances ! Freshly painted 2026 ! Luxury Vinyl thru living areas and carpet in bedrooms! Lots of closets and storage! Free storage in another building ! Master bedroom has full bath ! Updated kitchen ! New light fixtures including eyeball lights! Granite countertops in kitchen! Stack washer/dryer in unit. Awesome enclosed patio for private electric grilling! Amenities in Fairwinds include swimming pool, tennis courts and tot lot. Fabulous condo and flexible seller is anxious to sell!!

Getting Around

62
WalkingSomewhat Walkable
27
TransitSome Transit
71
BikeVery Bikeable

Schools

4/10
Annapolis Middle SchoolGrades 6-81.5 mi
5/10
Annapolis High SchoolGrades 9-124.6 mi

Construction

Condition

  • Year built: 1974

Materials

  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2023

Type & Style

  • Home type: Condo
  • Architectural style: Colonial
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Microwave,Dishwasher,Disposal,Dryer,Cooktop,Washer,Refrigerator,Gas Water Heater
  • Laundry features: In Unit

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Flooring: Luxury Vinyl,Ceramic Tile,Carpet
  • Finished area below ground: 0
  • Finished area above ground: 0

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 0

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 020621290018293
  • Attached to another structure: Yes
  • Zoning: R3
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community
  • Patio & porch: Patio
  • Exterior features: Sidewalks

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Tsunami

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,339$16,068
Home Insurance *$63$756
Property Taxes $314$3,768
Electricity $281$3,374
Total$1,997$23,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,468/yr
40% on housing$59,910/yr
45% on housing$53,253/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 21403$330
Anne Arundel County$251

vs Homes Sold Last Month

Median $/sqft

ZIP 21403$339
Anne Arundel County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-08Price change$274,900
2026-04-28Price change$279,900
2026-04-17Price change$289,500
2026-03-31Listed for sale$293,500
2023-08-07Sold$250,000
2023-07-24Pending sale$240,000
2023-06-28Contingent$240,000
2023-06-23Pending sale$240,000
2023-06-21Price change$240,000
2023-06-08Listed for sale$234,900
2021-03-24Listing removed--
2018-09-17Listing removed$1,650
2018-08-30Listed for rent$1,650
2017-06-08Listing removed$1,550
2017-05-25Listed for rent$1,550
2012-05-22Sold$40,250
2011-12-16Listing removed$168,900
2011-12-06Price change$168,900
2011-11-07Price change$172,000
2011-09-14Price change$175,900
2011-09-12Price change$178,900
2011-08-30Listed for sale$185,900

For Sale by Agent

AgentBev Langley
BrokerageColdwell Banker Realty

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