NOT LISTED FOR SALE

1023 Placid Ct Arnold, MD 21012

Arnold Area

Estimated Value: $864,000 - $997,189

5 Beds
3 Baths
3,526 Sq Ft
$269/Sq Ft Est. Value

Sale Details

Date Sold: February 29, 2024

Last sale price $800,000 $227 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,591 / mo

68 Days on Market

Highlights

  • 1 Dock Slip
  • Pier
  • Public Beach
  • Magothy River Middle School Rated A-
  • Home fronts navigable water
  • 0.63 Acre Lot

About This Home

As of February 2024

This 5-bedroom, 3-full bathroom Cape Cod-style home in Ulmstead Estates with three finished levels, is a truly remarkable property, ideal for those seeking a spacious and well-maintained residence with modern updates, a private yard, and access to a wealth of community amenities! The home offers a well-thought-out floor plan which is much larger than your typical cape cod (Full size bedrooms upstaris), formal living room, dining room and family room with masonry fireplace and wood stove. These spaces are perfect for entertaining and family gatherings. Updated Kitchen to meet modern design and functionality standards equipped with high-quality stainless appliances and stylish finishes. The lower level is finished and offers a recreational room with lots of flexible space for various purposes and can serve as an additional entertaining area. The walk-out feature provides easy access to the yard. The addition of a screened porch is a fantastic feature. It allows you to enjoy the outdoors without being bothered by insects, and it's perfect for enjoying the private backyard. Upgrades - Whole house generator, roof, gutter guards & garage door are 5 years old, upgraded HVAC and hot water heater.

This Cape Cod offers a generous 5 bedrooms (2 primary bedrooms with one on main level and one upstairs) providing ample space for a larger family or for hosting guests. The primary bath on main level was remodeled in 2016. Ulmstead Estates is a highly sought-after waterfront community known for its premier amenities. Residents can enjoy the 2 marinas with slips, beach access, a pool, tennis courts, ball fields, a playground, a barn, and more. The community is also known for its active social scene, offering year-round events.

Last Agent to Sell the Property

Brian Schilling

(888) 860-7369 md.broker@exprealty.net EXP Realty, LLC License #531128 Listed on: 11/10/2023

EXP Realty, LLC

Last Buyer's Agent

Jan Flaherty

(410) 280-5600 jflaherty@ttrsir.com TTR Sotheby's International Realty License #585166

TTR Sotheby's International Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,498

Year Built

  • Built in 1968

Lot Details

  • 27,500 Sq Ft Lot
  • Home fronts navigable water
  • Public Beach
  • Property is in excellent condition
  • Property is zoned R2, Residential 2 Units / Acre

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Crown Molding
  • Ceiling Fan
  • Fireplace Mantel
  • Brick Fireplace
  • Window Treatments
  • Window Screens
  • Dining Area
  • Wood Flooring

Kitchen

  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Sump Pump

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • River Nearby
  • Sail
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Screened Patio
  • Rain Gutters
  • Porch

Schools

  • Broadneck Elementary School
  • Magothy River Middle School
  • Broadneck High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Ulmstead Estates HOA
  • Ulmstead Estates Subdivision

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 020387608563523

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,498

Year Built

Built in 1968

Lot Details

0.63 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-11-10
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer, Exhaust Fan, Icemaker, Microwave, Stove
  • Flooring Type: Hardwood
  • Interior Amenities: Dining Area, Crown Moldings, Window Treatments, Entry Level Bedroom, Upgraded Countertops, Primary Bath(s), Wood Floors, Ceiling Fan(s)
  • Window Features: Screens
  • Fireplace Features: Mantel(s), Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Fully Finished, Sump Pump, Walkout Stairs
  • Laundry Type: Has Laundry
  • Total Sq Ft: 3768
  • Living Area Sq Ft: 3526
  • Price Per Sq Ft: 347.95
  • Above Grade Finished Sq Ft: 2371
  • Below Grade Finished Sq Ft: 1155
  • Below Grade Sq Ft: 242
  • Total Below Grade Sq Ft: 1397
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Gutter System
  • Roof: Architectural Shingle
  • Water Access Features: Boat - Powered, Canoe/Kayak, Public Beach, Sail
  • Water Access: Yes
  • Water Body Name: MAGOTHY RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Side Entry, Additional Storage Area
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Name: ULMSTEAD ESTATES
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BROADNECK
  • High School: BROADNECK
  • Middle Or Junior School: MAGOTHY RIVER

Lot Info

  • Lot Size Acres: 0.63
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27500.00
  • Outdoor Living Structures: Porch(es), Patio(s), Screened
  • Property Condition: Excellent
  • Zoning: R2
  • Zoning Description: Residential 2 Units / Acre
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6498.00
  • Assessor Parcel Number: 020387608563523
  • Tax Lot: 54
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

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
Nov 10, 2023
Closed on
Feb 29, 2024
Sold by
Ron Albrecht Revocable Living Trust and Ann Albrecht Revocable Living Trust
Bought by
Seller's Agent
Brian Schilling
EXP Realty, LLC
Buyer's Agent
Jan Flaherty
TTR Sotheby's International Realty
List Price
$875,000
Sold Price
$800,000
Premium/Discount to List
-$75,000
-8.57%
Views
307
Current Estimated Value
$948,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,797
Avg. Annual Appreciation
7.09%
Original Mortgage
$600,000
Outstanding Balance
$583,945
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$364,852

Purchase Details

Closed on
Jan 31, 2014
Sold by
Albrecht Clinton R and Albrecht Ann C
Bought by
Albrecht Clinton R and Ron Albrecht Revocable Living Trust

Purchase Details

Listed on
Sep 9, 2012
Closed on
Dec 28, 2012
Sold by
Lonergan Emily
Bought by
Albrecht Clinton R and Albrecht Ann C
Seller's Agent
Betsy Dunigan
TTR Sotheby's International Realty
Buyer's Agent
Betsy Dunigan
TTR Sotheby's International Realty
List Price
$689,000
Sold Price
$679,000
Premium/Discount to List
-$10,000
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%

Purchase Details

Closed on
Aug 22, 1997
Sold by
Terry Richard C
Bought by
Lonergan Emily
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Arnold, MD

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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
$800,000 First American Title Insurance
Albrecht Clinton R -- None Available
Albrecht Clinton R $674,500 None Available
Lonergan Emily $303,500 --
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 $600,000
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
02/29/2024 02/29/24 Sold $800,000 -3.0% $227 / Sq Ft
11/29/2023 11/29/23 Price Changed $825,000 -5.7% $234 / Sq Ft
11/10/2023 11/10/23 For Sale $875,000 -- $248 / 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
2025 $6,676 $633,133
2024 $6,676 $563,800 $317,800 $246,000
2023 $6,592 $560,300 $0 $0
2022 $6,249 $556,800 $0 $0
2020 $6,175 $553,300 $317,800 $235,500
2019 $6,180 $553,300 $317,800 $235,500
2018 $5,980 $589,700 $379,800 $209,900
2017 $6,311 $581,767 $0 $0
2016 -- $573,833 $0 $0
2015 -- $565,900 $0 $0
2014 -- $554,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2071302

Bright MLS

APN: 03-876-08563523

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