NOT LISTED FOR SALE

370 River Rd Arnold, MD 21012

Estimated Value: $599,000 - $787,110

4 Beds
2.5 Baths
2,144 Sq Ft
$331/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $405,000 $189 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,295/month

5 Days on Market

Highlights

  • 5 Dock Slips
  • Beach
  • Canoe or Kayak Water Access
  • Severn River Middle School Rated 9+
  • Home fronts navigable water
  • Fishing Allowed

About This Home

As of July 2022

Unique opportunity to be in a water privileged community on over half an acre. Gorgeous corner lot in Capri Estates which is a sought after community on the Magothy River on the Broadneck Peninsula and the Broadneck school district. Bring your vision and renovate or tear down and build your dream home. Lot is approximately 200 by 130 feet. Bring your boat and keep it at one of the many available slips (part of the homeowners association) right down the street. Beautiful private park on the water to enjoy a picnic, firepit, crabbing on the pier and tot lot area. Private restrooms located at the beach as well. Walk down the street and relax at The Point Restaurant located on the water. The house is being sold "AS IS" due to a fire. Oversized garage remains intact. No entry inside at this time.

Last Agent to Sell the Property

Lina Fallin

(443) 336-6538 linarealtor@yahoo.com Taylor Properties License #583356 Listed on: 06/10/2022

Taylor Properties

Last Buyer's Agent

Phil Gerdes

(443) 694-7366 philgerdes@thegerdesteam.com Real Broker, LLC - Annapolis License #0225261065

Real Broker, LLC - Annapolis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,214

Year Built

  • Built in 1973

Lot Details

  • 0.54 Acre Lot
  • Home fronts navigable water
  • Corner Lot
  • Property is zoned R2

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 8 Driveway Spaces
  • Free Parking
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Split Level Home
  • Fixer Upper
  • Block Foundation
  • Metal Siding
  • Asphalt

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Garden Views
  • Laundry in Basement

Bedrooms and Bathrooms

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Swimming Allowed
  • 5 Dock Slips
  • Physical Dock Slip Conveys
  • Powered Boats Permitted

Schools

  • Belvedere Elementary School
  • Severn River Middle School
  • Broadneck High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 020316832006050

Community Details

Overview

  • Association fees include pier/dock maintenance, recreation facility
  • Capri Estates HOA, Phone Number (410) 218-0378
  • Capri Estates Subdivision

Amenities

  • Picnic Area

Recreation

  • Boat Dock
  • Pier or Dock
  • Beach
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,214

Year Built

Built in 1973

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Basement
  • Total Sq Ft: 2664
  • Living Area Sq Ft: 2144
  • Price Per Sq Ft: 198.18
  • Above Grade Finished Sq Ft: 2144
  • Below Grade Sq Ft: 520
  • Total Below Grade Sq Ft: 520
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Asphalt, Metal Siding
  • Road Surface Type: Black Top
  • View: Garden/Lawn, Street
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Personal Watercraft (PWC), Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Magothy 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: Asphalt Driveway, Free, Private
  • Garage Features: Garage - Rear Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 8

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Dock/Slip, Picnic Area, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Pier/Dock Maintenance, Recreation Facility
  • HOA Name: CAPRI ESTATES
  • HOA Phone: 410.218.0378
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BELVEDERE
  • High School: BROADNECK
  • Middle Or Junior School: SEVERN RIVER

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 222300.00
  • Land Assessed Value: 268800.00
  • Lot Size Acres: 0.54
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23400.00
  • Property Condition: Major Rehab Needed
  • Zoning: R2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15212381
  • Tax Annual Amount: 5214.00
  • Assessor Parcel Number: 020316832006050
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 13, 2022
Sold by
Ellis Patricia R
Bought by
Mccaffrey Timothy and Mccaffrey Chelsea
Seller's Agent
Lina Fallin
Taylor Properties
Buyer's Agent
Phil Gerdes
Real Broker, LLC - Annapolis
List Price
$424,900
Sold Price
$405,000
Premium/Discount to List
-$19,900
-4.68%
Current Estimated Value
$710,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,028
Avg. Annual Appreciation
17.51%
Original Mortgage
$480,000
Outstanding Balance
$459,275
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$250,753

Purchase Details

Closed on
Oct 3, 1988
Sold by
Vecchione Amedeo P
Bought by
Ellis Victor R and Ellis Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
10.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mccaffrey Timothy $405,000 Northco Title
Ellis Victor R $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccaffrey Timothy $480,000
Previous Owner Ellis Victor R $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2022 07/13/22 Sold $405,000 -4.7% $189 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $424,900 -- $198 / 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 $5,880 $535,200 -- --
2024 $5,880 $491,100 $268,800 $222,300
2023 $5,746 $482,833 $0 $0
2022 $3,583 $474,567 $0 $0
2020 $3,423 $458,667 $0 $0
2019 $6,736 $451,033 $0 $0
2018 $4,496 $443,400 $211,800 $231,600
2017 $3,118 $423,567 $0 $0
2016 -- $403,733 $0 $0
2015 -- $383,900 $0 $0
2014 -- $383,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2036048

Bright MLS

APN: 03-168-32006050