NOT LISTED FOR SALE

1225 Balfour Dr Arnold, MD 21012

Estimated Value: $1,094,000 - $1,276,000

4 Beds
3.5 Baths
2,612 Sq Ft
$451/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $762,500 $292 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,013/month

156 Days on Market

Highlights

  • 5 Dock Slips
  • Boat or Launch Ramp
  • Water Access
  • Jones Elementary School Rated A-
  • Home fronts navigable water
  • 1.06 Acre Lot

About This Home

As of September 2016

Remarkable 4BR Colonial located in Rugby Hall. Impeccably cared for and situated on an amazing 1+ acre wooded lot. Spacious floor plan, lovely upgrades, multiple screened-in porches, amazing views, outdoor entertaining space. Severn River water privileges and SP schools - this home is perfect!

Last Agent to Sell the Property

David Orso

Berkshire Hathaway HomeServices PenFed Realty License #631291 Listed on: 02/24/2016

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

David Stratmann

Main Street Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,281

Year Built

  • Built in 1967

Lot Details

  • 1.06 Acre Lot
  • Home fronts navigable water
  • Extensive Hardscape
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Cedar

Interior Spaces

  • 2,612 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Central Vacuum
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Game Room
  • Wood Flooring
  • Pasture Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Basement with some natural light

Outdoor Features

  • Water Access
  • River Nearby
  • Boat or Launch Ramp
  • Physical Dock Slip Conveys
  • 5 Dock Slips
  • Stream or River on Lot
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Deck
  • Screened Patio
  • Shed

Schools

  • Jones Elementary School
  • Severna Park Middle School
  • Severna Park High School

Utilities

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

Community Details

  • Rugby Hall Estates Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 020371723550200

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,281

Year Built

Built in 1967

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1967
  • Remarks Public: Remarkable 4BR Colonial located in Rugby Hall. Impeccably cared for and situated on an amazing 1+ acre wooded lot. Spacious floor plan, lovely upgrades, multiple screened-in porches, amazing views, outdoor entertaining space. Severn River water privileges and SP schools - this home is perfect!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Built-Ins, Chair Railings, Crown Moldings, Window Treatments, Upgraded Countertops, Wood Floors, Whirlpool/Hottub, Recessed Lighting, Floor Plan - Traditional
  • Window Features: Insulated, Screens
  • Fireplace Features: Equipment
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Family Room, Den, Foyer, Bedroom 1
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Daylight, Partial, Fully Finished, Improved, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 2612
  • Living Area Sq Ft: 2612
  • Price Per Sq Ft: 305.90
  • Above Grade Finished Sq Ft: 2612
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1225

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Shed
  • Other Structures List: Shed
  • Construction Materials: Cedar
  • Dock Type: Multiple Slip
  • Exterior Features: Extensive Hardscape
  • Pool Private: No
  • Roof: Shingle
  • View: Pasture
  • View: Yes
  • Water Access: Yes
  • Water Body Name: SEVERN 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
  • Parking Features: Under Home Parking, Garage, Paved Driveway, Asphalt Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: JONES
  • Middle School: SEVERNA PARK
  • High School: SEVERNA PARK
  • School District Key: 121140671932
  • Elementary School: JONES
  • High School: SEVERNA PARK
  • Middle Or Junior School: SEVERNA PARK

Lot Info

  • Lot Features: Backs To Trees, Trees/Wooded
  • Lot Size Acres: 1.06
  • Lot Size Area: 46174
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 46174.00
  • Outdoor Living Structures: Deck(s), Patio(s), Screened
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7281.15
  • Assessor Parcel Number: 020371723550200
  • Tax Lot: 20
  • Tax Total Finished Sq Ft: 2612
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 09/30/2016

Multi Family

  • Dock Slip Conveyance: First Come - First Served
  • Mean Low Water Feet: 5
  • Waterfront Features: Boat/Launch Ramp

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2016
Closed on
Sep 30, 2016
Sold by
Larkin Francis J and Larkin Jill L
Bought by
Stratmann Luke
Seller's Agent
David Orso
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
David Stratmann
Main Street Realty, LLC
List Price
$825,000
Sold Price
$762,500
Premium/Discount to List
-$62,500
-7.58%
Current Estimated Value
$1,178,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,505
Avg. Annual Appreciation
4.94%
Original Mortgage
$610,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2002
Sold by
Powell Robt W
Bought by
Larkin Francis J and Larkin Jill L
Source: Public Records

Range of Values:

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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
Stratmann Luke $762,500 True Title Inc
Larkin Francis J $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stratmann Luke Alan $678,750
Closed Stratmann Luke $610,000
Previous Owner Larkin Francis J $456,000
Previous Owner Larkin Francis J $446,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $762,500 -4.6% $292 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
06/01/2016 06/01/16 Price Changed $799,000 -3.2% $306 / Sq Ft
02/24/2016 02/24/16 For Sale $825,000 -- $316 / 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 $8,344 $804,400 -- --
2024 $8,344 $716,100 $385,600 $330,500
2023 $8,188 $706,400 $0 $0
2022 $7,711 $696,700 $0 $0
2021 $15,219 $687,000 $370,600 $316,400
2020 $7,573 $687,000 $370,600 $316,400
2019 $7,580 $687,000 $370,600 $316,400
2018 $7,158 $705,900 $370,600 $335,300
2017 $7,470 $695,500 $0 $0
2016 -- $685,100 $0 $0
2015 -- $674,700 $0 $0
2014 -- $674,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001296219

Bright MLS

APN: 03-717-23550200