L
Seller's Agent in 2020
Lina Fallin
Taylor Properties
(443) 336-6538
8 in this area
29 Total Sales
1002 Forest Dr Arnold, MD 21012
Estimated Value: $1,031,944 - $1,155,000
2
Beds
2
Baths
2,133
Sq Ft
$500/Sq Ft
Est. Value
Highlights
- 50 Feet of Waterfront
- Primary bedroom faces the ocean
- 2 Dock Slips
- Magothy River Middle School Rated A-
- Boat Ramp
- Beach
About This Home
As of December 2020Million dollar waterfront views located on the Magothy River looking out into the Bay and Gibson Island. On a clear day you can see all the way to the Eastern Shore. Minutes to Annapolis and Bay Bridge. This fabulous 2 BR, 2 BA Cape Cod has open floor plan with potential to turn it into a 3 bedroom or add an office. Multiple decks for spectacular sunrise and sunsets. Pull up to your private pier with two boatlifts. New windows and sliders throughout with lifetime warranty along with many upgrades along the way. Granite, stainless, new floors, fireplace. Over $125,000 in improvements in the past two years. This is a must see. Located next to a community beach in Shore Acres with boat ramp, beach and picnic area. Private, gated courtyard as you enter from your wrap around deck. Plenty of parking. Being sold AS IS. Showings begin Friday, October 30.
Last Agent to Sell the Property
(443) 336-6538 linarealtor@yahoo.com Taylor Properties License #583356 Listed on: 10/28/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,910
Year Built
- Built in 1961
Lot Details
- 0.29 Acre Lot
- 50 Feet of Waterfront
- Home fronts navigable water
- Sandy Beach
- Backs To Open Common Area
- Privacy Fence
- Board Fence
- Level Lot
- Back Yard
- Property is in very good condition
- Property is zoned R2
Property Views
- River
- Lake
Home Design
- Cape Cod Architecture
- Architectural Shingle Roof
- Stone Siding
- Vinyl Siding
Interior Spaces
- 2,133 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- ENERGY STAR Qualified Windows with Low Emissivity
- Vinyl Clad Windows
- Insulated Windows
- Window Treatments
- Window Screens
- Sliding Doors
- Six Panel Doors
- Family Room Off Kitchen
- Dining Area
- Crawl Space
- Flood Lights
- Attic
Kitchen
- Eat-In Gourmet Kitchen
- Breakfast Area or Nook
- Built-In Self-Cleaning Double Oven
- Built-In Range
- Built-In Microwave
- Extra Refrigerator or Freezer
- ENERGY STAR Qualified Refrigerator
- Ice Maker
- ENERGY STAR Qualified Dishwasher
- Stainless Steel Appliances
- Kitchen Island
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom faces the ocean
Laundry
- Laundry on main level
- Electric Dryer
- ENERGY STAR Qualified Washer
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
- Gravel Driveway
Outdoor Features
- Canoe or Kayak Water Access
- Private Water Access
- River Nearby
- Rip-Rap
- Swimming Allowed
- Electric Hoist or Boat Lift
- Boat or Launch Ramp
- 2 Dock Slips
- Physical Dock Slip Conveys
- Dock made with Treated Lumber
- Stream or River on Lot
- Powered Boats Permitted
- Lake Privileges
- Balcony
- Deck
- Exterior Lighting
- Wrap Around Porch
Location
- Flood Risk
- Landlocked Lot
Schools
- Broadneck High School
Utilities
- Heat Pump System
- Propane
- Water Treatment System
- Well
- Electric Water Heater
- Water Conditioner is Owned
- Sewer Holding Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 31
- Assessor Parcel Number 020374915859500
Community Details
Overview
- No Home Owners Association
- $35 Recreation Fee
- Shore Acres Subdivision
- Community Lake
Amenities
- Picnic Area
- Clubhouse
Recreation
- Boat Ramp
- Beach
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2020
Closed on
Dec 11, 2020
Sold by
Obrien Sabrina
Bought by
Maisel Judith P
Seller's Agent
Lina Fallin
Taylor Properties
Buyer's Agent
Ron Windsor
Keller Williams Select Realtors of Annapolis
List Price
$795,000
Sold Price
$795,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,486
Avg. Annual Appreciation
6.28%
Original Mortgage
$395,000
Outstanding Balance
$351,668
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$715,818
Purchase Details
Listed on
Jun 7, 2016
Closed on
Dec 16, 2016
Sold by
Ertem Mehmet C and Ertem Filiz Basburg
Bought by
Brien Sabirna L O
Seller's Agent
John Collins
Long & Foster Real Estate, Inc.
Buyer's Agent
Lina Fallin
Taylor Properties
List Price
$675,000
Sold Price
$640,000
Premium/Discount to List
-$35,000
-5.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$576,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 3, 2010
Sold by
Hunter Thomas D
Bought by
Ertem Mehmet C and Ertem Filiz Basbug
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 23, 2009
Sold by
Us Bank National Assoc
Bought by
Hunter Thomas D and Hammett Dana L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,943
Interest Rate
5%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 24, 2004
Sold by
Fairfield Carol P
Bought by
Monopoli Frank
Purchase Details
Closed on
Oct 22, 2003
Sold by
Fairfield Carol P
Bought by
Fairfield Carol P and Walsh Gregory W
Purchase Details
Closed on
Dec 10, 1998
Sold by
Meyer Joan L
Bought by
Fairfield Carol P and Cassell Richard J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maisel Judith P | $795,000 | Lakeside Title Company | |
| Brien Sabirna L O | $640,000 | None Available | |
| Ertem Mehmet C | $560,000 | -- | |
| Hunter Thomas D | $500,000 | -- | |
| Us Bank National Assoc | $382,500 | -- | |
| Monopoli Frank | $600,000 | -- | |
| Fairfield Carol P | $24,000 | -- | |
| Fairfield Carol P | $315,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maisel Judith P | $395,000 | |
| Previous Owner | Brien Sabirna L O | $576,000 | |
| Previous Owner | Ertem Mehmet C | $417,000 | |
| Previous Owner | Us Bank National Assoc | $490,943 | |
| Closed | Fairfield Carol P | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/11/2020 12/11/20 | Sold | $795,000 | 0.0% | $373 / Sq Ft | |
| 11/02/2020 11/02/20 | Pending | -- | -- | -- | |
| 10/28/2020 10/28/20 | For Sale | $795,000 | +24.2% | $373 / Sq Ft | |
| 01/04/2017 01/04/17 | Sold | $640,000 | -5.2% | $347 / Sq Ft | View Prior Sale |
| 12/05/2016 12/05/16 | Pending | -- | -- | -- | |
| 06/07/2016 06/07/16 | For Sale | $675,000 | -- | $366 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,093 | $922,167 | -- | -- |
| 2024 | $8,093 | $888,100 | $594,300 | $293,800 |
| 2023 | $7,829 | $802,600 | $0 | $0 |
| 2022 | $7,279 | $717,100 | $0 | $0 |
| 2021 | $14,181 | $631,600 | $454,300 | $177,300 |
| 2020 | $7,054 | $631,600 | $454,300 | $177,300 |
| 2019 | $14,018 | $631,600 | $454,300 | $177,300 |
| 2018 | $6,490 | $640,000 | $507,200 | $132,800 |
| 2017 | $7,102 | $680,400 | $0 | $0 |
| 2016 | -- | $648,400 | $0 | $0 |
| 2015 | -- | $616,400 | $0 | $0 |
| 2014 | -- | $616,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lina Fallin
-
Ron Windsor
Buyer's Agent in 2020
Ron Windsor
Keller Williams Select Realtors of Annapolis
(443) 223-9551
2 in this area
23 Total Sales
-
John Collins
Seller's Agent in 2017
John Collins
Long & Foster
(410) 693-6000
22 in this area
155 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA450636
APN: 03-749-15859500
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