NOT LISTED FOR SALE

370 Sherman Ave Arnold, MD 21012

Estimated Value: $976,000 - $1,357,000

2 Beds
2 Baths
2,210 Sq Ft
$540/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $900,000 $407 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,879/month

48 Days on Market

Highlights

  • 60 Feet of Waterfront
  • 1 Dock Slip
  • Fishing Allowed
  • Severn River Middle School Rated 9+
  • Pier
  • Traditional Architecture

About This Home

As of November 2022

REDUCED PRICE, PRIVATE WATERFRONT! Enjoy incredible sunrises from this east-facing waterfront home located on Cool Spring Cove just off the Magothy River. This home was completely rebuilt in 2008 and has been remodeled with modern touches in 2022. Tucked away on a dead-end street with a private pier and DEEP water slip. You will enjoy privacy in a picturesque setting. With impressive views from every angle this stunning home has a primary suite upstairs with coffee bar, walk in closet and soaking tub. The kitchen was just updated with gorgeous white quartz, modern finishes and built in bench seating. Along with the kitchen in 2022, bathrooms have been remodeled, all light fixtures were replaced, entire home has been painted including exterior, decking and fencing and water run to dock. This is a 2 bed 2 bath home with a 1200sqft unfinished basement that can be finished for another 2 bedrooms and 1 bath. (Possible 4 bed 3 bath home). Dock has additional sun deck and room for 2 boats. Deep water will allow boat of choice with cove protection. Quick entry to Magothy River and Chesapeake Bay make this ideal location. Perfect vacation home or rental with ability to expand for residence. Schedule a private tour today!

Last Agent to Sell the Property

Christian Dimenna

(410) 823-0033 realtor@cummingsrealtors.com Cummings & Co. Realtors License #649399 Listed on: 09/16/2022

Cummings & Co. Realtors

Last Buyer's Agent

David Orso

(443) 372-7171 david@davidorso.com Berkshire Hathaway HomeServices PenFed Realty License #631291

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,351

Year Built

  • Built in 1938 | Remodeled in 2008

Lot Details

  • 0.27 Acre Lot
  • 60 Feet of Waterfront
  • Home fronts navigable water
  • East Facing Home
  • Property is zoned R5

Home Design

  • Traditional Architecture
  • Block Foundation
  • Blown-In Insulation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels

Bedrooms and Bathrooms

Unfinished Basement

  • Interior Basement Entry
  • Laundry in Basement

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property Near A Cove
  • Sun Deck
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Dock has a Storage Area
  • Swimming Allowed
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • 2 Powered Boats Permitted

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 130
  • Assessor Parcel Number 020311523346400

Community Details

Overview

  • No Home Owners Association
  • Mago Vista Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,351

Year Built

Built in 1938 | Remodeled in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-09-17
  • Federal Flood Zone: No
  • Year Built: 1938
  • Year Renovated: 2008
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished, Interior Access
  • Laundry Type: Basement
  • Total Sq Ft: 3410
  • Living Area Sq Ft: 2210
  • Price Per Sq Ft: 416.24
  • Above Grade Finished Sq Ft: 2210
  • Below Grade Sq Ft: 1200
  • Total Below Grade Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Blown-In Insulation, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access Features: Canoe/Kayak, Private Access, Swimming Allowed, Boat - Powered, Fishing Allowed, Personal Watercraft (PWC), Sail, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Cool Spring Cove
  • Water Body Type: Cove
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: No
  • Water Frontage In Feet: 60

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11750.00
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7351.00
  • Assessor Parcel Number: 020311523346400
  • Tax Lot: 130
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 17, 2022
Sold by
Baldino Brett
Bought by
Parks Jill Maisonneuve
Seller's Agent
Christian Dimenna
Cummings & Co. Realtors
Buyer's Agent
David Orso
Berkshire Hathaway HomeServices PenFed Realty
List Price
$989,000
Sold Price
$900,000
Premium/Discount to List
-$89,000
-9%
Views
18
Current Estimated Value
$1,193,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,026
Avg. Annual Appreciation
9.03%

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 15, 2021
Sold by
Gomez Mark S and Johnson Karen
Bought by
Baldino Brett and Baldino Katherine
Seller's Agent
Beth Costello
Douglas Realty, LLC
Buyer's Agent
Christian Dimenna
Cummings & Co. Realtors
List Price
$900,000
Sold Price
$865,000
Premium/Discount to List
-$35,000
-3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%
Original Mortgage
$735,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2007
Sold by
Roberts Theresa M
Bought by
Gomez Mark S and Gomez Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2007
Sold by
Roberts Theresa M
Bought by
Gomez Mark S and Gomez Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parks Jill Maisonneuve $900,000 Eagle Title
Parks Jill Maisonneuve $900,000 Eagle Title
Baldino Brett $865,000 Bay Title Company
Gomez Mark S $435,000 --
Gomez Mark S $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baldino Brett $735,250
Previous Owner Gomez Mark S $348,000
Previous Owner Gomez Mark S $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2022 11/17/22 Sold $900,000 -2.2% $407 / Sq Ft
10/28/2022 10/28/22 Price Changed $919,900 -3.1% $416 / Sq Ft
10/18/2022 10/18/22 Price Changed $949,000 -1.0% $429 / Sq Ft
10/06/2022 10/06/22 Price Changed $959,000 -1.1% $434 / Sq Ft
09/26/2022 09/26/22 Price Changed $970,000 -1.9% $439 / Sq Ft
09/16/2022 09/16/22 For Sale $989,000 +14.3% $448 / Sq Ft
09/15/2021 09/15/21 Sold $865,000 -3.9% $391 / Sq Ft View Prior Sale
08/03/2021 08/03/21 For Sale $900,000 -- $407 / Sq Ft
Source: Bright MLS

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 $8,197 $806,400 -- --
2024 $8,197 $702,700 $546,500 $156,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2044826

Bright MLS

APN: 03-115-23346400

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