NOT LISTED FOR SALE

188 Old River Rd Arnold, MD 21012

Estimated Value: $392,000 - $735,000

0.11 Acre
$4,687,382 Price per Acre
4,875 Sq Ft Lot

Last Sold April 04, 2014

Last sale price $206,000 $920 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $3,103/month

159 Days on Market

Highlights

  • 1 Boat Dock
  • Water Views
  • Home fronts navigable water
  • Arnold Elementary School Rated 10
  • Beach
  • Water Access

About This Lot

As of April 2014

WOW..................WATERFRONT in great location,schools and highly desired community of Pines on The Severn. Just minutes from Annapoliswow..................WATERFRONT in great location,schools and highly desired community of Pines on The Severn. Just minutes from AnnapolisINVESTOR ALERT.>>>>>>>>>This has been rented for 9yrs. at $950.00 mo. & Tenant wants to stay !

Last Agent to Sell the Property

Penny Plack

tuscadora@gmail.com Palmer Company, Inc. Listed on: 09/25/2013

Last Buyer's Agent

Timothy Nguyen

(301) 404-8386 timothy@propnhomes.com Taylor Properties

Taylor Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,684

Lot Details

  • 4,875 Sq Ft Lot
  • Home fronts navigable water
  • Property is zoned R2

HOA Fees

  • $17 Monthly HOA Fees

Additional Features

  • Water Views
  • Septic Tank

Listing and Financial Details

  • Tax Lot 624
  • Assessor Parcel Number 020365628037900

Community Details

Recreation

  • Boat Dock
  • Beach
  • Water Access
  • 1 Boat Dock
  • 3 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$4,684

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 44.92

Exterior Features

  • Dock Type: Multiple Slip
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: CHASE CREEK
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 198.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Dock/Slip
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 24500.00
  • Lot Size Acres: 0.11
  • Lot Size Area: 4875
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4875.00
  • Possible Use: Residential
  • Soil Types: Sandy
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15241313
  • Tax Annual Amount: 4683.75
  • Assessor Parcel Number: 020365628037900
  • Tax Lot: 624
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2013
Closed on
Apr 4, 2014
Sold by
Nichols Ralph W
Bought by
Nguyen Khanh T and Nguyen Anh T
Seller's Agent
Penny Plack
Palmer Company, Inc.
Buyer's Agent
Timothy Nguyen
Taylor Properties
List Price
$219,000
Sold Price
$206,000
Premium/Discount to List
-$13,000
-5.94%
Current Estimated Value
$515,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,612
Avg. Annual Appreciation
8.10%

Purchase Details

Closed on
Feb 27, 2013
Sold by
Gill & Asociates Inc
Bought by
Nichols Ralph W
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
Nguyen Khanh T $206,000 Sage Title Group Llc
Nichols Ralph W -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2014 04/04/14 Sold $206,000 -5.9% $920 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
09/25/2013 09/25/13 For Sale $219,000 -- $978 / 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 $4,674 $333,633 -- --
2024 $4,674 $330,100 $304,200 $25,900
2023 $4,489 $329,567 $0 $0
2022 $4,302 $329,033 $0 $0
2020 $4,038 $325,000 $0 $0
2019 $3,993 $321,500 $0 $0
2018 $3,225 $318,000 $291,900 $26,100
2017 $3,885 $318,000 $0 $0
2016 -- $318,000 $0 $0
2015 -- $327,700 $0 $0
2014 -- $327,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003728050

Bright MLS

APN: 03-656-28037900