NOT LISTED FOR SALE

405 Martingale Ln Unit 7 Arnold, MD 21012

Estimated Value: $620,000 - $723,000

4 Beds
4 Baths
3,200 Sq Ft
$206/Sq Ft Est. Value

Last Sold January 23, 2015

Last sale price $398,000 $124 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,304/month

Highlights

  • 1,200 Feet of Waterfront
  • 5 Dock Slips
  • Sandy Beach
  • Severn River Middle School Rated 9+
  • Beach
  • Gated Community

About This Home

As of January 2015

Enjoy carefree living in this established gated waterfront community of expansive townhomes situated on the majestic Magothy River w/one of its only two sandy beach plus tennis courts, plentiful common grounds. Vaulted ceilings highlight the vast open space layout of this 3,200 sq. ft. townhome w/new stainless appliances and fresh decorator finishes throughout. Compare VALUE, TAXES, MONTHLY FEES!

Last Agent to Sell the Property

Frank Bolling

(410) 507-1090 fbolling@cbmove.com Coldwell Banker Realty License #34108 Listed on: 08/17/2014

Coldwell Banker Realty

Last Buyer's Agent

Ana Lucia Porter

(443) 286-2137 AnaLucia@marylandhomes.onmicrosoft.com Cummings & Co. Realtors License #35036

Cummings & Co. Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,330

Year Built

  • Built in 1991 | Remodeled in 2007

Lot Details

  • 1,200 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • 1 Common Wall
  • Property is Fully Fenced
  • Extensive Hardscape
  • Property is in very good condition

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Free Parking
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Bump-Outs
  • Brick Exterior Construction
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Atrium Windows
  • Wood Frame Window
  • Casement Windows
  • Window Screens
  • Insulated Doors
  • Dining Area
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Home Security

  • Home Security System
  • Security Gate

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more

Outdoor Features

  • Water Access
  • River Nearby
  • Available By Lease
  • Rip-Rap
  • Physical Dock Slip Conveys
  • 5 Dock Slips
  • Dock made with Treated Lumber
  • Stream or River on Lot
  • Waterfront Park
  • 3 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted
  • Lake Privileges
  • Sport Court
  • Deck
  • Porch

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Water Conditioner is Owned

Listing and Financial Details

  • Assessor Parcel Number 020356590077183

Community Details

Overview

  • Association fees include lawn maintenance, lawn care front, lawn care rear, lawn care side, management, insurance, pier/dock maintenance, road maintenance, sewer, snow removal, trash, water, security gate, exterior building maintenance, reserve funds
  • Moorings On The Magothy Community
  • Moorings On The Magothy Subdivision
  • The community has rules related to covenants, no recreational vehicles, boats or trailers

Amenities

  • Common Area

Recreation

  • Boat Dock
  • Pier or Dock
  • Beach
  • Tennis Courts
  • Jogging Path

Security

  • Resident Manager or Management On Site
  • Fenced around community
  • Gated Community
  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,330

Year Built

Built in 1991 | Remodeled in 2007

Lot Details

0

HOA Fees

$395 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Accessibility Features: 32"+ Wide Doors, 36"+ Wide Halls
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1991
  • Year Renovated: 2007
  • Remarks Public: Enjoy carefree living in this established gated waterfront community of expansive townhomes situated on the majestic Magothy River w/one of its only two sandy beach plus tennis courts, plentiful common grounds. Vaulted ceilings highlight the vast open space layout of this 3,200 sq. ft. townhome w/new stainless appliances and fresh decorator finishes throughout. Compare VALUE, TAXES, MONTHLY FEES!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Central Vacuum, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Exhaust Fan, Freezer, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Range Hood, Refrigerator, Stove, Washer, Washer - Front Loading, Water Conditioner - Owned
  • Interior Amenities: Dining Area, Kitchen - Table Space, Built-Ins, Window Treatments, Primary Bath(s), Wood Floors, Whirlpool/Hottub, Floor Plan - Open
  • Window Features: Atrium, Casement, Double Pane, Insulated, Screens, Skylights, Storm, Wood Frame
  • Fireplace Features: Equipment, Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Door Features: Insulated
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Cathedral Ceilings, Dry Wall, Vaulted Ceilings
  • Entry Location: Townhouse
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 3200
  • Price Per Sq Ft: 124.38
  • Above Grade Finished Sq Ft: 3200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 405

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Brick, Combination
  • Dock Type: Multiple Slip
  • Construction Completed: No
  • Exterior Features: Bump-Outs, Extensive Hardscape, Sport Court, Tennis Court(s)
  • Roof: Asphalt
  • Water Access: Yes
  • Water Body Name: MAGOTHY
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No
  • Water Frontage In Feet: 1200

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage, Free
  • Parking Space Number Assigned: 3
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, On Street, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Resident Manager, Security Gate, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 395.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beach, Boat Dock/Slip, Common Grounds, Fencing, Gated Community, Jog/Walk Path, Pier/Dock, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Management, Insurance, Pier/Dock Maintenance, Road Maintenance, Sewer, Snow Removal, Trash, Water, Security Gate, Ext Bldg Maint, Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants, Rv/Boat/Trail
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 259700.00
  • Land Assessed Value: 120000.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15238249
  • Tax Annual Amount: 4330.41
  • Assessor Parcel Number: 020356590077183
  • Tax Total Finished Sq Ft: 2999
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 01/23/2015

Multi Family

  • Dock Slip Conveyance: Available By Lease
  • Mean Low Water Feet: 5
  • Metering: Fully Separate
  • Waterfront Features: Rip-Rap, Sandy Beach, Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
Calanni Neal and Calanni Gwyneth B
Bought by
Adams Icamerente and Calanni Stephen
Current Estimated Value
$659,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$426,734
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$232,783

Purchase Details

Closed on
Jun 7, 2023
Sold by
Larrimore William S
Bought by
William S Larrimore Living Trust and Larrimore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$426,734
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$232,783

Purchase Details

Closed on
Mar 13, 2023
Sold by
Jackson Jerry Arnold
Bought by
Jackson Jerry Arnold and Mollica Thomas J

Purchase Details

Listed on
Aug 17, 2014
Closed on
Jan 23, 2015
Sold by
Sturn Dona B
Bought by
Calanni Neal and Calanni Gwyneth B
Seller's Agent
Frank Bolling
Coldwell Banker Realty
Buyer's Agent
Ana Lucia Porter
Cummings & Co. Realtors
List Price
$424,900
Sold Price
$398,000
Premium/Discount to List
-$26,900
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$187,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2004
Sold by
Tardif Gilman N
Bought by
Rudderow Dona B

Purchase Details

Closed on
Jul 28, 1999
Sold by
Nolan John E
Bought by
Tardif Gilman N and Tardif Cathy B

Purchase Details

Closed on
Jun 18, 1992
Sold by
Sturbridge Development Co
Bought by
Nolan John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.54%
Source: Public Records

Range of Values:

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Average Value
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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
Adams Icamerente $550,000 Kvs Title
William S Larrimore Living Trust $344,900 None Listed On Document
William S Larrimore Living Trust $344,900 None Listed On Document
Jackson Jerry Arnold $227,500 --
Calanni Neal $398,000 Old Republic Title Ins Co
Rudderow Dona B $394,500 --
Tardif Gilman N $215,000 --
Nolan John E $176,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Icamerente $440,000
Previous Owner Calanni Neal $187,000
Previous Owner Nolan John E $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2015 01/23/15 Sold $398,000 0.0% $124 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
11/04/2014 11/04/14 Price Changed $398,000 -6.3% $124 / Sq Ft
08/17/2014 08/17/14 For Sale $424,900 -- $133 / 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 $5,072 $482,833 -- --
2024 $5,072 $460,400 $180,000 $280,400
2023 $4,747 $451,833 $0 $0
2022 $4,632 $443,267 $0 $0
2021 $8,738 $434,700 $180,000 $254,700
2020 $4,282 $419,567 $0 $0
2019 $8,181 $404,433 $0 $0
2018 $3,948 $389,300 $135,000 $254,300
2017 $3,966 $386,100 $0 $0
2016 -- $382,900 $0 $0
2015 -- $379,700 $0 $0
2014 -- $379,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003161858

Bright MLS

APN: 03-565-90077183