Jim Bim
Winning Edge
(667) 239-8629
513 Total Sales
1 in Arnold
$705,000 Price
1017 Magothy Ave Arnold, MD 21012
Arnold Area
7
Beds
7.5
Baths
7,600
Sq Ft
0.97
Acre Lot
Highlights
- Primary bedroom faces the bay
- Home fronts navigable water
- Private Beach
- Magothy River Middle School Rated A-
- Access to Tidal Water
- Heated In Ground Pool
About This Home
As of April 2021You are going to love the jaw-dropping, panoramic view of the Magothy River and Chesapeake Bay from this beautiful resort-like property! The location is in a residential area, convenient to shopping and necessities, but you instantly feel a sense of privacy and tranquility on the almost one acre lot. Vacation at home with the sizable 20x40 pool, hot tub and private beach that allows you to launch your kayaks and paddle boards with ease and then there's the charming screened porch just off the pool that is perfect for dining on steamed crabs. This 7 bedroom, 7.5 bath retreat offers a well equipped kitchen with huge walk in pantry and stainless steel appliances including new double oven, new gas cooktop, 2 dishwashers and quartz countertops. The light filled kitchen is open to the breakfast area (there is also a formal dining room off kitchen) and family room where you will find a cozy, wood burning fireplace, from there you have access to one of the two decks which looks out to that magnificent view and over the pool and patio. Upstairs you will find 5 bedrooms, 4 full baths which includes the bright, expansive owner's suite with soaring 16 ft ceilings, double sided fireplace and enormous picture window to take in those breathtaking sunrises and if you have a love for nature, there is plenty of waterfowl and the occasional bald eagle to admire. The primary bath includes a jetted soaking tub, separate shower, double sided fireplace, water closet, double vanity with granite top and access to the large walk in owner's closet, the separate laundry room is conveniently located on this level. When you reach the top level of the home, you will find two bedroom's (which have numerous possibilities), one full bath and spacious storage closets for tucking away life's treasures and more. Shore Acres has a Voluntary HOA, amenities include a boat ramp, club house, playground, basketball court and waterfront picnic area. There is 7500 + sq ft of living space in this gorgeous, amenity filled property, truly special. Pier permit in process. Contingent upon the owner's finding the home of their choice.
Last Agent to Sell the Property
(410) 761-9500 richardlmay3@gmail.com May Realty Listed on: 01/20/2021
Last Buyer's Agent
(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,382
Year Built
- Built in 2001
Lot Details
- 42,079 Sq Ft Lot
- Home fronts navigable water
- Private Beach
- Sandy Beach
- Public Beach
- Partially Fenced Property
- Stone Retaining Walls
- Landscaped
- Extensive Hardscape
- Level Lot
- Back and Front Yard
- Property is in very good condition
- Property is zoned R1
Parking
- 2 Car Direct Access Garage
- 8 Driveway Spaces
- Front Facing Garage
- Garage Door Opener
Property Views
- Bay
- River
Home Design
- Transitional Architecture
- Brick Exterior Construction
- Architectural Shingle Roof
- Stone Siding
- HardiePlank Type
Interior Spaces
- Property has 4 Levels
- Traditional Floor Plan
- Wet Bar
- Central Vacuum
- Dual Staircase
- Built-In Features
- Wainscoting
- Ceiling Fan
- Recessed Lighting
- 3 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- Mud Room
- Family Room Off Kitchen
- Living Room
- Breakfast Room
- Formal Dining Room
- Home Office
- Recreation Room
- Intercom
Kitchen
- Built-In Double Oven
- Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Trash Compactor
Flooring
- Wood
- Carpet
- Tile or Brick
- Ceramic Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Primary bedroom faces the bay
- En-Suite Bathroom
- Walk-In Closet
- Whirlpool Bathtub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Finished Basement
- Heated Basement
- Walk-Out Basement
- Interior and Exterior Basement Entry
- Garage Access
- Sump Pump
- Laundry in Basement
- Natural lighting in basement
Pool
- Heated In Ground Pool
- Gunite Pool
- Spa
- Poolside Lot
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- Private Water Access
- River Nearby
- Personal Watercraft
- Waterski or Wakeboard
- Swimming Allowed
- Stream or River on Lot
- Powered Boats Permitted
- Deck
- Exterior Lighting
- Shed
- Brick Porch or Patio
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Heating System Powered By Owned Propane
- Well
- Propane Water Heater
- On Site Septic
Listing and Financial Details
- Assessor Parcel Number 020300021352800
Community Details
Overview
- No Home Owners Association
- Shore Acres Subdivision
Recreation
- Fishing Allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2021
Closed on
Apr 1, 2021
Sold by
May Richard L and May Rene H
Bought by
Seller's Agent
Rich May
May Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$2,499,000
Sold Price
$2,450,000
Premium/Discount to List
-$49,000
-1.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,204,755
Outstanding Balance
$1,942,063
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 5, 2016
Sold by
May Richard L
Bought by
May Richard L and May Rene H
Purchase Details
Closed on
Feb 15, 2006
Sold by
May Richard L
Bought by
May Richard L
Purchase Details
Closed on
Oct 1, 1997
Sold by
Morgan Marie A
Bought by
May Richard L and May Kathleen
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Arnold, MD
-
Jim Bim
-
Julia Martin
Julia Martin
Responds QuicklyCorcoran McEnearney
(240) 414-8338
40 Total Sales
1 in Arnold
$850,000 Price
-
Ian Tolino
Ian Tolino
Long & Foster Real Estate, Inc.
(240) 698-2583
58 Total Sales
2 in Arnold
$455K - $610K Price Range
-
Rich Gardner
Rich Gardner
RE/MAX Realty Group
(667) 261-8846
32 Total Sales
1 in Arnold
$380,000 Price
-
Julie Procopio
Julie Procopio
Berkshire Hathaway HomeServices Homesale Realty
(240) 630-5324
31 Total Sales
1 in Arnold
$386,920 Price
-
Tracy Shively
Tracy Shively
Douglas Elliman of Metro DC, LLC - Washington
(571) 520-3997
101 Total Sales
1 in Arnold
$365,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,450,000 | Freestate Ttl Svcs Of Annapo | ||
| May Richard L | -- | Attorney | |
| May Richard L | -- | -- | |
| May Richard L | $290,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,204,755 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2021 04/01/21 | Sold | $2,450,000 | -2.0% | $322 / Sq Ft |
| 03/01/2021 03/01/21 | For Sale | $2,499,000 | +2.0% | $329 / Sq Ft |
| 02/12/2021 02/12/21 | Pending | -- | -- | -- |
| 02/08/2021 02/08/21 | Off Market | $2,450,000 | -- | -- |
| 01/20/2021 01/20/21 | For Sale | $2,499,000 | -- | $329 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $24,061 | $2,373,033 | ||
| 2025 | $24,061 | $2,155,767 | ||
| 2024 | $21,789 | $1,938,500 | $697,000 | $1,241,500 |
| 2023 | $20,340 | $1,813,767 | $0 | $0 |
| 2022 | $18,141 | $1,689,033 | $0 | $0 |
| 2020 | $16,531 | $1,537,667 | $0 | $0 |
| 2019 | $32,536 | $1,511,033 | $0 | $0 |
| 2018 | $15,052 | $1,484,400 | $475,000 | $1,009,400 |
| 2017 | $13,765 | $1,390,800 | $0 | $0 |
| 2016 | -- | $1,297,200 | $0 | $0 |
| 2015 | -- | $1,203,600 | $0 | $0 |
| 2014 | -- | $1,203,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rich May
Seller's Agent in 2021
Rich May
May Realty
(410) 919-3971
50 Total Sales
-
Rene Huxta May
Seller Co-Listing Agent in 2021
Rene Huxta May
May Realty
(410) 533-1726
26 Total Sales
-
datacorrect BrightMLS
DB
Buyer's Agent in 2021
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: MDAA454718
APN: 03-000-21352800
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
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