NOT LISTED FOR SALE

405 Martingale Ln Arnold, MD 21012

Estimated Value: $604,955 - $675,000

4 Beds
4 Baths
2,999 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $550,000 $183 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,291/month

Highlights

  • Home fronts navigable water
  • Water Access
  • 1 Fireplace
  • Severn River Middle School Rated 9+
  • Contemporary Architecture
  • 1 Car Attached Garage

About This Home

As of July 2023

This home is located at 405 Martingale Ln, Arnold, MD 21012 since 17 July 2023 and is currently estimated at $635,989, approximately $212 per square foot. This property was built in 1991. 405 Martingale Ln is a home located in Anne Arundel County with nearby schools including Belvedere Elementary School, Severn River Middle School, and Broadneck High School.

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075 Listed on: 07/17/2023

Last Buyer's Agent

Katherine Adams

(443) 812-1897 katherine.adams@compass.com Compass License #5008874

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,973

Year Built

  • Built in 1991

Lot Details

  • 2,500 Sq Ft Lot
  • Home fronts navigable water

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2,999 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace

Bedrooms and Bathrooms

Outdoor Features

  • Water Access
  • River Nearby

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020356590077183

Community Details

Overview

  • Moorings On The Magothy Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,973

Year Built

Built in 1991

Lot Details

0

HOA Fees

$575 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2999
  • Living Area Sq Ft: 2999
  • Price Per Sq Ft: 183.39
  • Above Grade Finished Sq Ft: 2999
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 575.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2500.00
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4973.00
  • Assessor Parcel Number: 020356590077183
  • County Tax Payment Frequency: Annually
  • 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
Jul 17, 2023
Closed on
Jul 14, 2023
Sold by
Calanni Neal and Calanni Gwyneth B
Bought by
Adams Icamerente and Calanni Stephen
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Katherine Adams
Compass
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$635,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,989
Avg. Annual Appreciation
5.96%
Original Mortgage
$440,000
Outstanding Balance
$426,734
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$209,255

Purchase Details

Listed on
Jul 17, 2023
Closed on
Jun 7, 2023
Sold by
Larrimore William S
Bought by
William S Larrimore Living Trust and Larrimore
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Katherine Adams
Compass
List Price
$550,000
Sold Price
$550,000

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
$209,255

Purchase Details

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

Purchase Details

Closed on
Jan 23, 2015
Sold by
Sturn Dona B
Bought by
Calanni Neal and Calanni Gwyneth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
07/17/2023 07/17/23 For Sale $550,000 0.0% $183 / Sq Ft
07/14/2023 07/14/23 Sold $550,000 -- $183 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
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
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: MDAA2064956

Bright MLS

APN: 03-565-90077183