NOT LISTED FOR SALE

1024 Shore Acres Rd Arnold, MD 21012

Estimated Value: $624,000 - $666,000

2 Beds
1.5 Baths
1,196 Sq Ft
$541/Sq Ft Est. Value

Last Sold May 30, 2025

Last sale price $619,000 $518 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,728/month

146 Days on Market

Highlights

  • 38 Feet of Waterfront
  • Public Boat Ramp
  • Beach
  • Magothy River Middle School Rated A-
  • 1 Dock Slip
  • Private Beach

About This Home

As of May 2025

Immerse yourself in the tranquility of a single-story, 2-bedroom waterfront home, nestled on the serene lakes of Lake Placid. This charming property, with an additional office, 1.5 bathrooms, and 1196 square feet of finished space, is a sanctuary where life is truly good. Just minutes from the Chesapeake Bay, indulge in the joy of a day on the water, then retreat to your patio to watch the world go by. This home, brimming with character, features hardwood flooring, a cozy brick fireplace with a wood-burning stove, French doors, and built-in shelving. The open living/dining area is a heartwarming space, leading to a screened porch with breathtaking views of the water. The kitchen, with its built-in cabinetry, adds to the charm, while the separate office makes working from home a breeze. The layout ensures privacy for all, with the primary bedroom located at the front and the second bedroom towards the water. The home is part of the Broadneck Blue Ribbon Public School district and is conveniently located for an easy commute to DC/Baltimore. With recent upgrades including new roof, newer plumbing, and a renovated bathroom, this home is a testament to love and care. Welcome Home to 1024 Shore Acres Road!

Last Agent to Sell the Property

Mary Beth Paganelli

(410) 263-3400 marybeth.paganelli1@gmail.com Long & Foster Real Estate, Inc. License #630262 Listed on: 09/18/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Tanya Lewis

(410) 823-0033 realtor@cummingsrealtors.com Cummings & Co. Realtors License #603499

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,306

Year Built

  • Built in 1973

Lot Details

  • 0.34 Acre Lot
  • 38 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach
  • Back and Side Yard
  • Property is in good condition
  • Property is zoned OS

Home Design

  • Rambler Architecture
  • Cottage
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,196 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Stove
  • Heatilator
  • Fireplace Mantel
  • Bay Window
  • Window Screens
  • Entrance Foyer
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Dining Room
  • Home Office
  • Screened Porch
  • Water Views
  • Crawl Space
  • Storm Doors
  • Electric Oven or Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Waterski or Wakeboard
  • Swimming Allowed
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Electric Motor Boats Only
  • Deck
  • Patio
  • Shed
  • Outbuilding

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Treatment System
  • Electric Water Heater
  • Water Conditioner is Owned
  • Septic Tank

Listing and Financial Details

  • Tax Lot 130
  • Assessor Parcel Number 020374900288214

Community Details

Overview

  • No Home Owners Association
  • Shore Acres Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse

Recreation

  • Public Boat Ramp
  • Boat Ramp
  • Beach
  • Community Basketball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,306

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage, Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Water Conditioner - Owned
  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Bathroom - Stall Shower, Built-Ins, Ceiling Fan(s), Combination Kitchen/Living, Exposed Beams, Entry Level Bedroom, Family Room Off Kitchen, Flat, Floor Plan - Open, Stove - Wood, Water Treat System, Wood Floors
  • Window Features: Bay/Bow, Screens
  • Fireplace Features: Mantel(s), Heatilator
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Foyer, Bedroom 1, Laundry, Office, Bathroom 1, Half Bath, Screened Porch
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1196
  • Living Area Sq Ft: 1196
  • Price Per Sq Ft: 500.84
  • Above Grade Finished Sq Ft: 1196
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outbuilding(s), Private Beach
  • Roof: Asphalt
  • View: Water
  • Water Access Features: Boat - Electric Motor Only, Canoe/Kayak, Private Access, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Lake Placid/ Magothy River
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 38

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Septic Exists
  • Water Source: Private

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Club House, Common Grounds, Picnic Area, Tot Lots/Playground, Basketball Courts
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BROADNECK
  • High School: BROADNECK
  • Middle Or Junior School: MAGOTHY RIVER

Lot Info

  • Lot Features: Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15000.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Zoning: OS
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 7306.00
  • Assessor Parcel Number: 020374900288214
  • Tax Lot: 130
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Boat/Launch Ramp - Public, Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
May 30, 2025
Sold by
Degen Paula A
Bought by
Hamou David and Hart Mollyann
Seller's Agent
Mary Beth Paganelli
Long & Foster Real Estate, Inc.
Buyer's Agent
Tanya Lewis
Cummings & Co. Realtors
List Price
$639,000
Sold Price
$619,000
Premium/Discount to List
-$20,000
-3.13%
Views
456
Current Estimated Value
$647,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,200
Avg. Annual Appreciation
6.98%
Original Mortgage
$600,430
Outstanding Balance
$598,889
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$48,311

Purchase Details

Closed on
Dec 14, 2016
Bought by
Degen Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,300
Interest Rate
4.13%

Purchase Details

Closed on
Jun 21, 1995
Sold by
Hamilton Tammas J
Bought by
Degen Carl G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,400
Interest Rate
7.82%

Purchase Details

Closed on
Jul 17, 1990
Sold by
Allenbaugh Ellwood L
Bought by
Hamilton Tammas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,250
Interest Rate
10.11%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hamou David $619,000 Goldstar Title
Hamou David $619,000 Goldstar Title
Degen Paula -- --
Degen Carl G $266,600 --
Hamilton Tammas J $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamou David $600,430
Closed Hamou David $600,430
Previous Owner Degen Carl G $564,300
Previous Owner Degen Carl G --
Previous Owner Degen Carl G $239,400
Previous Owner Hamilton Tammas J $151,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 Sold $619,000 +3.3% $518 / Sq Ft
02/09/2025 02/09/25 Price Changed $599,000 -3.2% $501 / Sq Ft
12/10/2024 12/10/24 Price Changed $619,000 -3.1% $518 / Sq Ft
11/24/2024 11/24/24 For Sale $639,000 0.0% $534 / Sq Ft
11/01/2024 11/01/24 Off Market $639,000 -- --
09/18/2024 09/18/24 For Sale $639,000 -- $534 / Sq Ft
Source: Bright MLS

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 $4,351 $669,000 -- --
2024 $4,351 $632,500 $462,500 $170,000
2023 $4,236 $617,233 $0 $0
2022 $3,975 $601,967 $0 $0
2020 $3,800 $579,233 $0 $0
2019 $3,741 $571,767 $0 $0
2018 $5,722 $564,300 $405,000 $159,300
2017 $3,450 $507,300 $0 $0
2016 -- $450,300 $0 $0
2015 -- $393,300 $0 $0
2014 -- $393,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2094490

Bright MLS

APN: 03-749-00288214