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16 Silverwood Cir APT 1, Annapolis, MD, 21403

2beds
2baths
1,313sqft
$265,000
$202price/sqft
$2,003/moest. monthly cost
$80,120/yrincome needed

About This Home

Nestled in the charming Fairwinds on Severn community, this inviting 2-bedroom, 2- full bathroom garden level condo offers a perfect blend of comfort and convenience. Step inside to discover a traditional floor plan adorned with recessed lighting, creating a warm ambiance. The ample dining area flows seamlessly into a cozy living space, ideal for gatherings. Cook and entertain with ease in this well-equipped updated kitchen featuring stainless appliances, maple cabinets & granite counter-tops. Super spacious primary suite with built-in vanity, multiple closets and en-suite full bath w/ tiled walk-in shower. Slider off of living room leads you to a private walk-out terrace patio - ideal for pets & entertaining. Brand new gas HVAC! Outside, the community amenities beckon with a refreshing in-ground pool, tennis courts, and picnic areas, perfect for leisurely afternoons. There are plenty of unassigned parking spots in the huge parking lot, while you can reserve a spot for an annual fee (current spot is 161). With easy access to local parks and shopping, this location is a true gem. The condo fee covers essential services like gas, water, trash, and snow removal, ensuring a hassle-free lifestyle. Experience the comfort of home in this delightful condo and enjoy all that Annapolis & the Chesapeake Bay have to offer!

Getting Around

56
WalkingSomewhat Walkable
26
TransitSome Transit
64
BikeBikeable

Schools

4/10
Annapolis Middle SchoolGrades 6-81.5 mi
5/10
Annapolis High SchoolGrades 9-124.7 mi

Construction

Condition

  • Year built: 1974

Materials

  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Exhaust Fan,Freezer,Microwave,Oven/Range - Gas,Range Hood,Refrigerator,Stainless Steel Appliance(s),Washer,Gas Water Heater
  • Laundry features: Main Level,Laundry Room,In Unit

Bedroom2

  • Features: Flooring - Laminate Plank
  • Level: Main
  • Area: 143
  • Dimensions: 11 X 13

Bedrooms & Bathrooms

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

Dining Room

  • Features: Dining Area,Flooring - Laminate Plank
  • Level: Main
  • Area: 120
  • Dimensions: 8 X 15

Features

  • Bathroom - Tub Shower,Bathroom - Walk-In Shower,Dining Area,Entry Level Bedroom,Floor Plan - Traditional,Pantry,Primary Bath(s),Recessed Lighting,Upgraded Countertops,Walk-In Closet(s),Dry Wall
  • Door features: Sliding Glass
  • Flooring: Ceramic Tile,Laminate
  • Finished area above ground: 1,313

Foyer

  • Features: Flooring - Laminate Plank
  • Level: Main
  • Area: 75
  • Dimensions: 5 X 15

Heating & Cooling

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

Interior Area

  • Total structure area: 1,313
  • Total interior livable area: 1,313 sqft

Kitchen

  • Features: Granite Counters,Flooring - Tile/Brick,Kitchen - Gas Cooking
  • Level: Main
  • Area: 80
  • Dimensions: 8 X 10

Laundry

  • Level: Main

Living Room

  • Features: Flooring - Laminate Plank
  • Level: Main
  • Area: 209
  • Dimensions: 11 X 19

Office

  • Features: Flooring - Laminate Plank
  • Level: Main
  • Area: 90
  • Dimensions: 9 X 10

Other

  • Features: Bathroom - Tub Shower,Flooring - Tile/Brick
  • Level: Main

Primary Bathroom

  • Features: Bathroom - Walk-In Shower,Flooring - Ceramic Tile
  • Level: Main

Primary Bedroom

  • Features: Flooring - Laminate Plank,Walk-In Closet(s)
  • Level: Main
  • Area: 340
  • Dimensions: 17 X 20

Property

Accessibility

  • Accessibility features: 2+ Access Exits

Details

  • Parcel number: 020621290018452
  • 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: Parking Lot

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 $320$3,840
Electricity $281$3,374
Total$2,003$24,036
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,674/yr
40% on housing$60,090/yr
45% on housing$53,413/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

$202This 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
2026-04-17Listed for sale$275,000
2016-10-27Listing removed$187,000
2016-10-18Listed for sale$187,000
2014-09-22Sold$179,000
2014-07-17Listed for sale$179,000
2013-12-11Listing removed$174,999
2013-11-26Pending sale$174,999
2013-10-01Price change$174,999
2013-09-29Listed for sale$184,999
2003-10-21Sold$139,900
2000-08-21Sold$81,000
1995-02-23Sold$74,000

For Sale by Agent

AgentBill Beam
BrokerageBeam Realty Group, Inc.

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