Seller's Agent in 2021
Bob Lucido
Keller Williams Lucido Agency
(410) 403-0933
12 in this area
2,844 Total Sales
1038 Stonington Dr Arnold, MD 21012
Estimated Value: $1,047,983 - $1,139,000
5
Beds
4
Baths
3,553
Sq Ft
$312/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- 0.46 Acre Lot
- Deck
- Magothy River Middle School Rated A-
- Open Floorplan
- Recreation Room
About This Home
As of April 2021Water Oriented Community! Set in Stonington on the Magothy River is this custom colonial incorporating an abundance of natural light with simple elegance creating an outstanding residence boasting up market finishes, architectural detail, and a whole house audio system. Open site lines welcome you and your guests into this home featuring freshly painted interiors, a 2-story foyer, a private study, a light-filled living room enhanced by a wood burning fireplace, vaulted ceiling, and a box bay window with a Palladian top, followed a dining room with glass sliders stepping to the deck. Creative gourmet cooking is easy in the chef’s kitchen displaying newly refinished hardwoods, a stainless steel appliance suite, granite counters, raised panel wood cabinetry, and an extended peninsula style work space with a breakfast bar, a planning desk, overlooking the casual dining area with sliders to the 13x15 screened porch. Joining the kitchen is a bright family room with gleaming hardwoods, built-ins flanking the brick surround fireplace, recessed LED dimmable lighting, and a wet bar. Owner’s suite presents a vaulted ceiling, two walk-in closets, and a newly remodeled bath displaying a stylish vanity and lighting, ceramic plank flooring, a frameless shower, and garden soaking tub. The lower level recreation area features two bedrooms, a full bath, a rec room with built-ins and walkout access to yard. Stonington is a water access community with quick water access to the Magothy River and the Chesapeake Bay, community marina, patio, playground, sports courts, beach, and easy access commuter routes, Annapolis, Ft. Meade, Baltimore, shopping, dining, and water sports!
Last Agent to Sell the Property
(410) 403-0933 hello@boblucidoteam.com Keller Williams Lucido Agency License #4037 Listed on: 03/25/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,104
Year Built
- Built in 1990
Lot Details
- 0.46 Acre Lot
- Landscaped
- Backs to Trees or Woods
- Back, Front, and Side Yard
- Property is zoned R2
HOA Fees
- $60 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Front Facing Garage
- Garage Door Opener
- Driveway
Property Views
- Woods
- Garden
Home Design
- Transitional Architecture
- Architectural Shingle Roof
- Cedar
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Built-In Features
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- 2 Fireplaces
- Wood Burning Fireplace
- Self Contained Fireplace Unit Or Insert
- Fireplace With Glass Doors
- Brick Fireplace
- Double Pane Windows
- Bay Window
- Window Screens
- French Doors
- Sliding Doors
- Entrance Foyer
- Family Room Off Kitchen
- Living Room
- Dining Room
- Den
- Recreation Room
- Screened Porch
- Utility Room
- Attic
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Built-In Self-Cleaning Oven
- Electric Oven or Range
- Cooktop
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Heated Basement
- Walk-Out Basement
- Connecting Stairway
- Interior and Exterior Basement Entry
- Sump Pump
- Basement Windows
Home Security
- Fire and Smoke Detector
- Flood Lights
Outdoor Features
- Deck
- Screened Patio
- Exterior Lighting
Schools
- Broadneck Elementary School
- Magothy River Middle School
- Broadneck High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Programmable Thermostat
- Water Dispenser
- Electric Water Heater
- Septic Tank
- Community Sewer or Septic
Additional Features
- Energy-Efficient Windows
- Suburban Location
Community Details
- Stonington Subdivision
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 020377390053530
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2021
Closed on
Apr 30, 2021
Sold by
Mcnulty Richard P and Mcnulty Anne L
Bought by
Musallam Rami and Musallam Kristen K
Seller's Agent
Bob Lucido
Keller Williams Lucido Agency
Buyer's Agent
Kristi Krankowski
RE/MAX One
List Price
$850,000
Sold Price
$880,000
Premium/Discount to List
$30,000
3.53%
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
$229,496
Avg. Annual Appreciation
5.18%
Original Mortgage
$548,000
Outstanding Balance
$496,625
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$612,871
Purchase Details
Closed on
Oct 28, 1992
Sold by
Balduzzi Michael C
Bought by
Gerald William P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.23%
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 |
|---|---|---|---|
| Musallam Rami | $880,000 | Eagle Title Llc | |
| Gerald William P | $350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Musallam Rami | $548,000 | |
| Previous Owner | Gerald William P | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2021 04/30/21 | Sold | $880,000 | +3.5% | $248 / Sq Ft |
| 03/28/2021 03/28/21 | Pending | -- | -- | -- |
| 03/25/2021 03/25/21 | For Sale | $850,000 | -- | $239 / 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 | $7,835 | $712,900 | -- | -- |
| 2024 | $7,835 | $669,600 | $253,000 | $416,600 |
| 2023 | $7,770 | $668,167 | $0 | $0 |
| 2022 | $7,398 | $666,733 | $0 | $0 |
| 2021 | $11,639 | $665,300 | $268,000 | $397,300 |
| 2020 | $5,674 | $650,733 | $0 | $0 |
| 2019 | $5,573 | $636,167 | $0 | $0 |
| 2018 | $6,303 | $621,600 | $268,000 | $353,600 |
| 2017 | $5,250 | $621,600 | $0 | $0 |
| 2016 | -- | $621,600 | $0 | $0 |
| 2015 | -- | $660,300 | $0 | $0 |
| 2014 | -- | $660,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Lucido
-
Nick McNulty
N
Seller Co-Listing Agent in 2021
Nick McNulty
Coldwell Banker (NRT-Southeast-MidAtlantic)
(443) 758-7389
3 in this area
19 Total Sales
-
Kristi Krankowski
Buyer's Agent in 2021
Kristi Krankowski
RE/MAX
(410) 991-4663
11 in this area
106 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA461800
APN: 03-773-90053530
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