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1604 Winchester Road

Steve Phillips & Maxine Phillips Sell The Friary On The Severn In Annapolis For $12.5M
SOLDSingle Family

Steve Phillips & Maxine Phillips Sell The Friary On The Severn In Annapolis For $12.5M

1604 Winchester Road

$12,500,000

$357/SF

Building Size

35,000 SF

Asset Type

Single Family

Closing

Dec 3, 2025

AI

A single-family residence located at 1604 Winchester Road in Annapolis, MD has been sold after 13 years on and off the market. The asset encompasses a total square footage of 35,000 and was sold for $12,500,000, equating to a price per square foot of $357.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $12,500,000
  • Sale Date: 12/03/2025
  • Seller: Steve Phillips & Maxine Phillips
  • Market: Annapolis, MD
  • Square Footage: 35,000
  • Price Per Square Foot: $357

The transaction involved Steve Phillips and Maxine Phillips as the sellers of the property. The property had been listed for as much as $32 million prior to the sale.

Players

Annapolis Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.27%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93