NOT LISTED FOR SALE

1196 Palmwood Ct Arnold, MD 21012

Estimated Value: $383,000 - $396,742

4 Beds
2.5 Baths
1,520 Sq Ft
$257/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $310,000 $204 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,393/month

Highlights

  • Colonial Architecture
  • Magothy River Middle School Rated A-
  • Heat Pump System

About This Home

As of December 2021

This home is located at 1196 Palmwood Ct, Arnold, MD 21012 since 25 October 2021 and is currently estimated at $390,186, approximately $256 per square foot. This property was built in 1984. 1196 Palmwood Ct is a home located in Anne Arundel County with nearby schools including Broadneck Elementary School, Magothy River Middle School, and Broadneck High School.

Last Agent to Sell the Property

Roberto Oporta

(443) 510-7723 oportadiaz@me.com Taylor Properties License #661483 Listed on: 10/25/2021

Taylor Properties

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,010

Year Built

  • Built in 1984

Lot Details

  • 2,000 Sq Ft Lot

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Schools

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

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • Ulmstead Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020387890028826

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,010

Year Built

Built in 1984

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Refrigerator, Stove, Washer, Water Heater
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Basement, Upper Floor
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1520
  • Price Per Sq Ft: 276.79
  • Above Grade Finished Sq Ft: 1120
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 160
  • Total Below Grade Sq Ft: 560
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 341.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 760.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 110400.00
  • Land Assessed Value: 145000.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15257356
  • Tax Annual Amount: 3010.00
  • Assessor Parcel Number: 020387890028826
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Dec 3, 2021
Sold by
Arias Maritza T
Bought by
Watson Richard Garrett and Watson Yens Ricardo
Seller's Agent
Roberto Oporta
Taylor Properties
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$390,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,186
Avg. Annual Appreciation
5.92%
Original Mortgage
$321,160
Outstanding Balance
$295,501
Interest Rate
3.14%
Mortgage Type
VA
Estimated Equity
$94,685

Purchase Details

Closed on
Jul 15, 2019
Sold by
Jones Maritza T and Jones Robert M
Bought by
Jones Maritza T

Purchase Details

Closed on
Dec 19, 2005
Sold by
Bertr Michelle M
Bought by
Jones Maritza T and Jones Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 30, 2003
Sold by
Bertrand Michelle M
Bought by
Bertrand Michelle M

Purchase Details

Closed on
Jul 18, 2000
Sold by
Rice Laura K F
Bought by
Bertrand Michelle M and Owens Mary Jean Marie

Purchase Details

Closed on
Feb 4, 1994
Sold by
Krankowski D B
Bought by
Rice Laura K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
7.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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 Buyer Sale Price Title Company
Watson Richard Garrett $310,000 Heritage Title Ltd
Jones Maritza T -- Dunn S Title & Escrow Inc
Jones Maritza T $260,000 --
Bertrand Michelle M -- --
Bertrand Michelle M $105,300 --
Rice Laura K $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Richard Garrett $321,160
Previous Owner Jones Maritza T $208,000
Previous Owner Rice Laura K $96,750
Closed Bertrand Michelle M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold $310,000 0.0% $204 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $310,000 -- $204 / 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 $3,298 $282,333 -- --
2024 $3,298 $260,700 $145,000 $115,700
2023 $3,245 $258,933 $0 $0
2022 $3,064 $257,167 $0 $0
2021 $6,091 $255,400 $145,000 $110,400
2020 $2,982 $253,167 $0 $0
2019 $5,825 $250,933 $0 $0
2018 $2,522 $248,700 $140,000 $108,700
2017 $2,613 $235,400 $0 $0
2016 -- $222,100 $0 $0
2015 -- $208,800 $0 $0
2014 -- $208,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2012884

Bright MLS

APN: 03-878-90028826