$3,148,682
SOLD DEC 20, 2024

1061 Shore Acres Rd Arnold, MD 21012

5 Beds
4.5 Baths
4,800 Sq Ft
0.46 Acres

Recently Sold

$656 Per Sq Ft

5% Above List Price

202 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Primary bedroom faces the bay
  • New Construction
  • Magothy River Middle School Rated A-
  • 2 Dock Slips
  • In Ground Pool

About This Home

As of December 2024

Nestled along the picturesque banks of the Magothy River, this exquisite luxury-to-be-built home crafted by the esteemed Whitehall Building and Co. With breathtaking views that embrace you from every angle, this 4800-square-foot sanctuary is the epitome of waterfront living. Every aspect of this residence has been meticulously curated, leaving no detail overlooked. Upon entering, one is greeted by luxurious wide plank floors that lead to a main level boasting 9-foot ceilings, setting the stage for grandeur and sophistication. The heart of the home, a gourmet kitchen with quartz countertops and backsplash, beckons culinary adventures with its oversized island and premium appliances. Molding details, including cove crown wrapping and custom beams, elevate the aesthetic, while a cozy gas fireplace with shiplap surround adds warmth and charm to the family room. Entertaining seamlessly transitions outdoors with a rear-covered porch, offering a perfect retreat to bask in the beauty of the waterfront. Ascending to the second level, the primary bedroom commands attention with its awe-inspiring views, accompanied by a spa-like ensuite bathroom and a generous walk-in closet. Two additional well-appointed bedrooms, each with an ensuite, ensure privacy and comfort for guests, while a convenient laundry room adds practicality. The lower level boasts a fourth and fifth bedroom, full bath, and a versatile recreation room, catering to diverse needs and lifestyles. Outside, a sprawling deck overlooking the river and a magnificent 100-foot pier invite relaxation and leisure, while the sparkling pool is just the cherry on top, transforming this residence into the ultimate entertainment destination. Seize the opportunity to transform this vision into reality and make this your dream home today. Co/perm lending is required, and with a generous $10,000 seller credit available for the use of an approved lender and title company, the path to ownership has never been more enticing. Contact the listing agent to schedule a viewing and embark on the journey to waterfront luxury living.

Last Agent to Sell the Property

Colleen Smith

(443) 995-2409 colleen.smith@longandfoster.com EXP Realty, LLC License #650285 Listed on: 04/01/2024

EXP Realty, LLC

Last Buyer's Agent

Sonya Francis

(443) 220-6560 sonya@sonyafrancisteam.com RE/MAX Solutions License #RSR001114

RE/MAX Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,027

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.46 Acre Lot
  • 75 Feet of Waterfront
  • Home fronts navigable water
  • Property is in excellent condition
  • Property is zoned R2

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Mud Room
  • Family Room Off Kitchen
  • Dining Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Home Gym
  • Luxury Vinyl Plank Tile Flooring
  • River Views

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Space For Rooms
  • Basement Windows

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Dock has a Storage Area
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 3 Powered Boats Permitted

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Propane
  • Well
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 020374918610178

Community Details

Overview

  • No Home Owners Association
  • Built by Whitehall Building & Co
  • Shore Acres Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,027

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-04-01
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Exhaust Fan, Microwave, Oven - Double, Refrigerator, Stainless Steel Appliances, Water Heater
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Breakfast Area, Butlers Pantry, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Primary Bedroom - Bay Front, Recessed Lighting, Bathroom - Stall Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Exercise Room, Laundry, Mud Room, Office, Recreation Room, Utility Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Poured Concrete, Rear Entrance, Space For Rooms, Windows
  • Laundry Type: Has Laundry, Hookup, Upper Floor
  • Total Sq Ft: 4900
  • Living Area Sq Ft: 4800
  • Price Per Sq Ft: 864.86
  • Above Grade Finished Sq Ft: 3700
  • Below Grade Finished Sq Ft: 1100
  • Below Grade Sq Ft: 100
  • Total Below Grade Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cement Siding
  • Construction Completed: No
  • Pool Features: Fenced, In Ground
  • Spa: No
  • View: River
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Magothy River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 75

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Propane
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20199.00
  • Property Condition: Excellent
  • Zoning: R2
  • In City Limits: No

Building Info

  • Builder Name: Whitehall Building & Co

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 13027.00
  • Assessor Parcel Number: 020374918610178
  • Tax Lot: 40
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

Multi Family

  • Waterfront Features: 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
Apr 1, 2024
Closed on
Dec 20, 2024
Sold by
Smith Chad Stewart and Smith Charlene M
Bought by
Arbaugh Kenneth Michael
Seller's Agent
Colleen Smith
EXP Realty, LLC
Buyer's Agent
Sonya Francis
RE/MAX Solutions
List Price
$2,995,000
Sold Price
$3,148,683
Premium/Discount to List
$153,683
5.13%
Views
246
Current Estimated Value
$1,975,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,173,186
Avg. Annual Appreciation
-38.78%
Original Mortgage
$2,127,000
Outstanding Balance
$2,109,659
Interest Rate
6.25%
Mortgage Type
Construction
Estimated Equity
-$134,162

Purchase Details

Closed on
Jun 16, 2006
Sold by
Smith Chad S
Bought by
Smith Chad S and Smith Charlene M

Purchase Details

Closed on
Jun 2, 2006
Sold by
Smith Chad S
Bought by
Smith Chad S and Smith Charlene M

Purchase Details

Closed on
May 27, 2005
Sold by
Gosnell Barry R
Bought by
Smith Chad S and Smith William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 3, 1987
Sold by
Long Charles W
Bought by
Gosnell Barry R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,750,000 Freestate Title Services
Deed $1,750,000 Freestate Title Services
Deed -- --
Deed -- --
Deed $1,150,000 --
Deed $336,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,127,000 Construction
Closed $2,127,000 Construction
Previous Owner $650,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $3,148,683 -1.6% $656 / Sq Ft
10/17/2024 10/17/24 Price Changed $3,200,000 +6.7% $667 / Sq Ft
06/15/2024 06/15/24 Price Changed $2,999,000 +0.1% $625 / Sq Ft
04/01/2024 04/01/24 For Sale $2,995,000 -- $624 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $11,274 $1,256,733 -- --
2024 $11,274 $1,155,000 $610,600 $544,400
2023 $10,974 $1,102,300 $0 $0
2022 $10,258 $1,049,600 $0 $0
2021 $20,061 $996,900 $470,600 $526,300
2020 $9,831 $996,900 $470,600 $526,300
2019 $3,530 $996,900 $470,600 $526,300
2018 $10,662 $1,051,500 $526,900 $524,600
2017 $9,093 $968,233 $0 $0
2016 -- $884,967 $0 $0
2015 -- $801,700 $0 $0
2014 -- $801,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2080626

Bright MLS

APN: 03-749-18610178