Landlord's Agent in 2022
Phil Gerdes
Real Broker, LLC - Annapolis
(443) 694-7366
470 Total Sales
1283 Terrace Ln Arnold, MD 21012
Estimated Value: $457,000 - $652,660
3
Beds
1.5
Baths
1,924
Sq Ft
$272/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- 0.58 Acre Lot
- Wood Flooring
- Arnold Elementary School Rated 10
- Backs to Trees or Woods
- Corner Lot
About This Home
As of March 2022This home is located at 1283 Terrace Ln, Arnold, MD 21012 since 17 February 2022 and is currently priced at $523,415. This property was built in 1955. 1283 Terrace Ln is a home located in Anne Arundel County with nearby schools including Arnold Elementary School, Severn River Middle School, and Broadneck High School.
Last Agent to Rent the Property
(855) 450-0442 dmvbroker@therealbrokerage.com Real Broker, LLC - Annapolis License #0225261065 Listed on: 02/17/2022
Last Renter's Agent
(855) 450-0442 dmvbroker@therealbrokerage.com Real Broker, LLC - Annapolis License #0225261065 Listed on: 02/17/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 1955
Lot Details
- 25,440 Sq Ft Lot
- Cul-De-Sac
- Corner Lot
- Backs to Trees or Woods
- Property is zoned R5
Parking
- 3 Car Direct Access Garage
- Front Facing Garage
- Driveway
- Off-Street Parking
Home Design
- Split Level Home
- Slab Foundation
- Wood Siding
Interior Spaces
- Property has 4 Levels
- Built-In Features
- Crown Molding
- Ceiling Fan
- Skylights
- Recessed Lighting
- Fireplace With Glass Doors
- Fireplace Mantel
- Brick Fireplace
- Gas Fireplace
- Window Screens
- Family Room Off Kitchen
- Dining Area
- Wood Flooring
- Views of Woods
- Attic Fan
Kitchen
- Gas Oven or Range
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Basement
- Partial Basement
- Interior Basement Entry
- Shelving
- Basement Windows
Outdoor Features
- Screened Patio
- Shed
Schools
- Broadneck High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Terrace Gardens Subdivision
Listing and Financial Details
- Residential Lease
- Security Deposit $2,500
- Requires 1 Month of Rent Paid Up Front
- Tenant pays for electricity, gas, cable TV, utilities - some
- No Smoking Allowed
- 6-Month Min and 12-Month Max Lease Term
- Available 3/1/22
- Assessor Parcel Number 020375817005850
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 28, 2021
Closed on
Sep 10, 2021
Sold by
Bought by
Seller's Agent
Scott Schuetter
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Phil Gerdes
Real Broker, LLC - Annapolis
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
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
$123,415
Avg. Annual Appreciation
5.75%
Original Mortgage
$409,200
Interest Rate
2.99%
Mortgage Type
VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $400,000 | Sage Title Group Llc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $409,200 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/01/2022 03/01/22 | Rented | $2,750 | +10.0% | -- | |
| 02/17/2022 02/17/22 | For Rent | $2,500 | 0.0% | -- | |
| 09/17/2021 09/17/21 | Sold | $400,000 | -2.4% | $208 / Sq Ft | View Prior Sale |
| 08/01/2021 08/01/21 | Pending | -- | -- | -- | |
| 08/01/2021 08/01/21 | Price Changed | $410,000 | +3.8% | $213 / Sq Ft | |
| 07/28/2021 07/28/21 | For Sale | $395,000 | -- | $205 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,717 | $457,867 | -- | -- |
| 2024 | $4,717 | $421,800 | $294,300 | $127,500 |
| 2023 | $4,652 | $417,400 | $0 | $0 |
| 2022 | $4,405 | $413,000 | $0 | $0 |
| 2020 | $4,081 | $381,633 | $0 | $0 |
| 2019 | $3,803 | $354,667 | $0 | $0 |
| 2018 | $3,323 | $327,700 | $207,300 | $120,400 |
| 2017 | $3,448 | $327,567 | $0 | $0 |
| 2016 | -- | $327,433 | $0 | $0 |
| 2015 | -- | $327,300 | $0 | $0 |
| 2014 | -- | $327,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Phil Gerdes
-
Scott Schuetter
Seller's Agent in 2021
Scott Schuetter
BHHS PenFed (actual)
(410) 900-7668
305 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2023274
APN: 03-758-17005850
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