Seller's Agent in 2024
Zsuzsanna Rainey
Taylor Properties
(410) 533-2943
2 in this area
124 Total Sales
401 Martingale Ln Unit 9 Arnold, MD 21012
Estimated Value: $621,000 - $652,000
3
Beds
4
Baths
2,727
Sq Ft
$233/Sq Ft
Est. Value
Highlights
- Beach
- Pier or Dock
- Canoe or Kayak Water Access
- Severn River Middle School Rated 9+
- Home fronts navigable water
- Fishing Allowed
About This Home
As of May 2024Welcome to the MOORINGS on the Magothy! This is a highly sought after UPSCALE, WATER-PRIVILEGED, GATED COMMUNITY. This spacious townhome offers on 4 levels more than 2700 sqft, 3 bedrooms, 4 full bathrooms w/ loft (library/office) and possible 4th bedroom in lower level and many recent updates: NEW light oak LVP flooring, NEW carpet, NEW paint, NEW kitchen cabinets, NEW appliances, NEW QUARTZ countertop, HIGH END light fixtures, UPDATED bathrooms, NEW deck, NEW garage door and motor, NEW Furnace and HVAC. Shows absolutely beautiful! Move in ready. The home gets lots of natural sunlight. Perfect for entertaining inside and out. Primary suit is very spacious w/ additional sitting area, large walk-in closet, large bathroom w/ 2 sink vanity, stall shower and jacuzzi tub. All 2 other bedrooms are excellent size, both connected to full bathrooms. Lower level entertainment area could be easily converted into a bedroom and make it to a 4th bedroom as it has a closet and full bathroom. Unique addition to the layout is an open loft - this could be used as a sitting area, office or library. The home is in a water-privileged community, the unit is only a few minutes walk from the dock. Enjoy a walk on the beach or just sit and be mesmerized by the view.
* * * The condo fee ($575.00 per month) includes exterior maintenance as roof replacement, siding repair, water, common area maintenance, lawn maintenance, pier/dock maintenance, reserve funds, road maintenance, security gate, snow removal, water * * * amenities offer beach, gated community, pier/dock, tennis courts, water privileges
Last Agent to Sell the Property
(410) 533-2943 zsurainey@comcast.net Taylor Properties License #614206 Listed on: 04/12/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,098
Year Built
- Built in 1991 | Remodeled in 2024
Lot Details
- Home fronts navigable water
- Property is in excellent condition
HOA Fees
- $575 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- 1 Driveway Space
- Front Facing Garage
- Garage Door Opener
- On-Street Parking
- Off-Street Parking
Home Design
- Contemporary Architecture
- Slab Foundation
- Frame Construction
Interior Spaces
- 2,727 Sq Ft Home
- Property has 4 Levels
- Cathedral Ceiling
- Skylights
- Recessed Lighting
- Wood Burning Fireplace
- Double Pane Windows
- Window Screens
- Atrium Doors
- Dining Area
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Carpet
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- Whirlpool Bathtub
- Walk-in Shower
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Interior and Rear Basement Entry
- Garage Access
Outdoor Features
- Canoe or Kayak Water Access
- River Nearby
- Lake Privileges
- Deck
Schools
- Belvedere Elementary School
- Severn River Middle School
- Broadneck High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 020356590077185
Community Details
Overview
- Association fees include exterior building maintenance, management, reserve funds, water, common area maintenance, lawn maintenance, pest control, pier/dock maintenance, road maintenance, security gate, snow removal, trash
- $625 Other Monthly Fees
- Moorings On The Magothy Condominium Association Condos
- Moorings On The Community
- Moorings On The Magothy Subdivision
- Property Manager
Recreation
- Pier or Dock
- Mooring Area
- Beach
- Tennis Courts
- Fishing Allowed
Pet Policy
- Pets Allowed
Additional Features
- Common Area
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2024
Closed on
May 31, 2024
Sold by
Muhammad Usman and Asif Mohammad
Bought by
King Larry
Seller's Agent
Zsuzsanna Rainey
Taylor Properties
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$599,900
Sold Price
$570,000
Premium/Discount to List
-$29,900
-4.98%
Views
2524
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
$65,016
Avg. Annual Appreciation
6.77%
Original Mortgage
$427,500
Outstanding Balance
$422,285
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$212,731
Purchase Details
Closed on
Feb 16, 2024
Sold by
Yacko Keith M
Bought by
Muhammad Usman and Asif Mohammad
Purchase Details
Closed on
Feb 3, 2006
Sold by
Lash Vincent S
Bought by
Rinker Bette R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 16, 2005
Sold by
Lash Vincent S
Bought by
Rinker Bette R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 22, 1992
Sold by
Sturbridge Development Co
Bought by
Destefano Robert P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,675
Interest Rate
7.89%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| King Larry | $570,000 | Title Rite Services | |
| King Larry | $570,000 | Title Rite Services | |
| Muhammad Usman | $395,000 | Title Rite Services | |
| Muhammad Usman | $395,000 | Title Rite Services | |
| Rinker Bette R | $210,000 | -- | |
| Rinker Bette R | $210,000 | -- | |
| Destefano Robert P | $220,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | King Larry | $427,500 | |
| Closed | King Larry | $427,500 | |
| Previous Owner | Rinker Bette R | $218,000 | |
| Previous Owner | Rinker Bette R | $218,000 | |
| Previous Owner | Destefano Robert P | $165,675 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/31/2024 05/31/24 | Sold | $570,000 | -5.0% | $209 / Sq Ft |
| 04/12/2024 04/12/24 | For Sale | $599,900 | -- | $220 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,849 | $489,733 | -- | -- |
| 2024 | $4,849 | $440,000 | $180,000 | $260,000 |
| 2023 | $4,499 | $432,067 | $0 | $0 |
| 2022 | $4,432 | $424,133 | $0 | $0 |
| 2020 | $4,084 | $401,167 | $0 | $0 |
| 2019 | $7,802 | $386,133 | $0 | $0 |
| 2018 | $3,763 | $371,100 | $135,000 | $236,100 |
| 2017 | $3,845 | $371,100 | $0 | $0 |
| 2016 | -- | $371,100 | $0 | $0 |
| 2015 | -- | $379,700 | $0 | $0 |
| 2014 | -- | $379,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Zsuzsanna Rainey
-
Non Member Member
N
Buyer's Agent in 2024
Non Member Member
Metropolitan Regional Information Systems
Map
Source: Bright MLS
MLS Number: MDAA2082134
APN: 03-565-90077185
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