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CondominiumResidential

308 Forbes St

ANNAPOLIS, MD 21401
1974
Year BuiltThe year the home was originally built, according to county records.
Built 197416 units500–1,370 ft²
$7.7M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$441K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$627
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+100.9%vs the Annapolis ZIP median sale $/ft² ($312)

Sales Performance

$412K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
+3.8%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
1
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
6.3%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+5.9%per yeartypical hold 5.0 yrsfrom 30 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
19982001200420072012201720212025
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
19982001200420072012201720212025

44 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$420K$469K$518K$568K500 ft²674 ft²848 ft²1,022 ft²1,196 ft²1,370 ft²
Studio
Studio
16 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Studio · 0 ba · 500 ft²
4 units
Studio · 0 ba · 639 ft²
4 units
Studio · 0 ba · 932 ft²
4 units
Studio · 0 ba · 1,370 ft²
4 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$420K–$438K
7 units
$440K–$443K
2 units
$476K–$485K
2 units
$544K–$544K
1 unit
$562K–$568K
4 units

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.44%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.25%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.6.2 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.43%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.37%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$438,489
Median tax billThe middle annual property tax bill among the building's units.$4,156
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit ODec 16, 2025$412,000Unit PAug 14, 2025$389,000Unit MJul 31, 2025$405,000Unit IMay 2, 2024$411,000Unit LJul 26, 2022$335,000Unit OMay 18, 2022$345,000Unit EFeb 22, 2022$330,000Unit PJun 25, 2021$325,000Unit GMar 3, 2021$395,000Unit DNov 4, 2020$360,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.26
100
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
21
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
9
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.197 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyANNE ARUNDEL
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
ViewThe type of view from the property, or another feature of the site that affects value.Waterfront

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
West Annapolis Elementary SchoolA
Elementary · Grades KG–5 · 0.2 mi
M
Wiley H. Bates Middle SchoolC+
Middle · Grades 6–8 · 1.3 mi
H
Annapolis High SchoolC
High · Grades 9–12 · 3.3 mi

District: Anne Arundel County Public Schools

Neighborhood · ZIP 21401These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.135
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.38

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.39,516
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,752 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$116,570
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$157,167
Average tempThe average temperature here across a full year.57°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.57%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

308 Forbes St # A
932 ft²
$485K
308 Forbes St
1,370 ft²
$566K
308 Forbes St # C
1,370 ft²
$568K
308 Forbes St # D
932 ft²
$544K
308 Forbes St
932 ft²
$443K
308 Forbes St
1,370 ft²
$562K
308 Forbes St # G
1,370 ft²
$567K
308 Forbes St # H
932 ft²
$429K
308 Forbes St # I
500 ft²
$476K
308 Forbes St # J
639 ft²
$438K
308 Forbes St # K
639 ft²
$438K
308 Forbes St # L
500 ft²
$425K
308 Forbes St # M
500 ft²
$440K
308 Forbes St # N
639 ft²
$428K
308 Forbes St
639 ft²
$433K
308 Forbes St # P
500 ft²
$420K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 308 Forbes St

How many units are in 308 Forbes St, Annapolis, MD?

308 Forbes St, Annapolis, MD has 16 residential units across built in 1974, according to county assessor records.

What is a unit at 308 Forbes St, Annapolis, MD worth?

The median TopHap Estimate across the 16 units at 308 Forbes St, Annapolis, MD is $441,325. That works out to $627 per square foot. Units run from 500 to 1,370 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 308 Forbes St, Annapolis, MD expensive for Annapolis?

Units at 308 Forbes St, Annapolis, MD carry a median of $627 per square foot, 101% above the Annapolis median of $312 per square foot.

How often do units sell at 308 Forbes St, Annapolis, MD?

1 units at 308 Forbes St, Annapolis, MD sold in the last 12 months, out of 44 recorded arms-length sales all time. That is a turnover rate of 6.3% of the building per year. The median sale over that period was $412K.

Have units at 308 Forbes St, Annapolis, MD appreciated?

Across 30 repeat sales of the same unit, 308 Forbes St, Annapolis, MD returned a median 5.9% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 5.0 years.

What floor plans does 308 Forbes St, Annapolis, MD have?

The most common plan at 308 Forbes St, Annapolis, MD is a 0-bedroom of 500 square feet, repeated 4 times, with a median estimate of $432,389. TopHap identifies 4 recurring plans in the building.

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Assigned schools

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