NOT LISTED FOR SALE

1278 Masters Dr Arnold, MD 21012

Estimated Value: $463,000 - $512,000

3 Beds
3.5 Baths
1,932 Sq Ft
$250/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $325,000 $168 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,029/month

9 Days on Market

Highlights

  • Golf Course Community
  • View of Trees or Woods
  • Wood Flooring
  • Magothy River Middle School Rated A-
  • Traditional Architecture
  • Community Pool

About This Home

As of July 2019

Enjoy this solid, light filled townhome w/ 3 finished levels, walk out to private courtyard, updated kitchen, 3.5 baths, absolutely spotless!!! Move in ready, conveniently located, low community fees, walk to stores, restaurants, bank & more. Join the Bay Hills pool for social & swim, enjoy tennis, playgrounds, paths, picnic area, pavilion or golf at semi private Bay Hills Golf Course and you haven't even left the neighborhood. Easy access to major routes, close to AA Community College, mature trees line the neighborhood, private courtyard for outside cooking, dining or just to relax. 2 assigned parking spaces, plus guest parking on a quiet cul-de-sac. This is a must see!

Last Agent to Sell the Property

Barbara Best

(410) 279-0071 bbest.realtor1@gmail.com RE/MAX One License #23247 Listed on: 06/15/2019

RE/MAX One

Last Buyer's Agent

Moe Farley

(410) 271-4839 moe.farley@cbmove.com Coldwell Banker Realty License #575414

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,987

Year Built

  • Built in 1977

Lot Details

  • Privacy Fence
  • Property is in very good condition

HOA Fees

  • $148 Monthly HOA Fees

Property Views

  • Woods
  • Garden

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 2 Levels
  • Chair Railings
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Room
  • Butlers Pantry
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 2 Assigned Parking Spaces

Schools

  • Broadneck High School

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 020307890006854

Community Details

Overview

  • Association fees include common area maintenance
  • Tanglewood Regime HOA
  • Bay Hills Tanglewood Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Golf Course Community
  • Golf Course Membership Available
  • Community Pool
  • Pool Membership Available
  • Jogging Path
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,987

Year Built

Built in 1977

Lot Details

0

HOA Fees

$148 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1977
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Breakfast Area, Butlers Pantry, Carpet, Ceiling Fan(s), Chair Railings, Formal/Separate Dining Room, Primary Bath(s), Wood Floors
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Breakfast Room, Laundry, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Full
  • Basement Footprint Percent: 90.00
  • Total Sq Ft: 2192
  • Living Area Sq Ft: 1932
  • Price Per Sq Ft: 220.79
  • Above Grade Finished Sq Ft: 1472
  • Below Grade Finished Sq Ft: 460
  • Below Grade Sq Ft: 260
  • Total Below Grade Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • 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: Brick
  • Roof: Composite
  • View: Garden/Lawn, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 148.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Picnic Area, Bike Trail, Golf Course, Golf Course Membership Available, Jog/Walk Path, Pool Mem Avail
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: TANGLEWOOD REGIME
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: BROADNECK

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Privacy
  • Improvement Assessed Value: 144600.00
  • Land Assessed Value: 150000.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Zoning: R5
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 15205014
  • Tax Annual Amount: 2987.00
  • Assessor Parcel Number: 020307890006854
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2019
Closed on
Jul 30, 2019
Sold by
Sarelas Sallie S and Sarelas Peter B
Bought by
Schamburg Craig A and Schamburg Lucinda M
Seller's Agent
Barbara Best
RE/MAX One
Buyer's Agent
Moe Farley
Coldwell Banker Realty
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$483,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,175
Avg. Annual Appreciation
6.44%
Original Mortgage
$308,750
Outstanding Balance
$270,962
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$212,213

Purchase Details

Closed on
Mar 16, 2015
Sold by
Sarelas Sallie S and Hays Sallie S
Bought by
Sarelas Sallie S and Sarelas Peter B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2000
Sold by
Doran Cherie F
Bought by
Hays Sallie S

Purchase Details

Closed on
Jul 17, 1987
Sold by
Fath Gerald W
Bought by
Doran Cherie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
10.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Schamburg Craig A $325,000 Eagle Title Llc
Sarelas Sallie S -- Secu Title Services Llc
Hays Sallie S $148,750 --
Doran Cherie F $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schamburg Craig A $308,750
Previous Owner Sarelas Sallie S $130,500
Previous Owner Doran Cherie F $40,000
Closed Hays Sallie S --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2019 07/30/19 Sold $325,000 0.0% $168 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/15/2019 06/15/19 For Sale $325,000 -- $168 / 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 $4,040 $352,100 -- --
2024 $4,040 $330,900 $150,000 $180,900
2023 $3,899 $318,800 $0 $0
2022 $3,582 $306,700 $0 $0
2021 $108 $294,600 $150,000 $144,600
2020 $3,308 $284,367 $0 $0
2019 $3,098 $274,133 $0 $0
2018 $108 $263,900 $100,000 $163,900
2017 $2,878 $256,867 $0 $0
2016 -- $249,833 $0 $0
2015 -- $242,800 $0 $0
2014 -- $242,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA403862

Bright MLS

APN: 03-078-90006854