NOT LISTED FOR SALE

407 River Rd Arnold, MD 21012

Estimated Value: $799,000 - $963,000

4 Beds
4 Baths
2,855 Sq Ft
$316/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $582,500 $204 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,332/month

3 Days on Market

Highlights

  • Beach
  • Pier or Dock
  • Canoe or Kayak Water Access
  • Severn River Middle School Rated 9+
  • Home fronts navigable water
  • In Ground Pool

About This Home

As of July 2019

Rare opportunity to own an immaculate 4 bed/2 full/2 half bath home with a pool in the sought-after community of Schooler's Pond in Arnold. This home & neighborhood encourages you to indulge in everything that has to do with the water. Relax on the rear deck while your kids have a swim party in the in-ground pool and run around in the large grass yard. If that doesn't wear them out head to the community beach for some fishing, kayaking, and playground/picnicking fun. You may never want to leave the home itself though because it offers everything you could want! Cozy family room w/ gas fireplace off the kitchen with large island/breakfast bar. Separate Dining room and office/sitting area off the entry. The upstairs boasts 3 spacious bedrooms, a guest bath with custom tile and Master bedroom w/ensuite bath and walk-in closet. The fully finished basement has space for lounging and working out and conveniently has laundry and a half bath. 2 car garage, fenced rear yard and Broadneck schools finish out this amazing property. Come take a look for yourself!

Last Agent to Sell the Property

David Orso

(443) 372-7171 david@davidorso.com Berkshire Hathaway HomeServices PenFed Realty License #631291 Listed on: 05/30/2019

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Chris Murchake

(410) 320-1718 c.m.homesinc@comcast.net RE/MAX Leading Edge

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,687

Year Built

  • Built in 1999

Lot Details

  • 10,000 Sq Ft Lot
  • Home fronts navigable water
  • Picket Fence
  • Wood Fence
  • Back Yard Fenced
  • Landscaped
  • Extensive Hardscape
  • Level Lot
  • Property is in very good condition
  • Property is zoned R5

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Formal Dining Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Laundry in Basement
  • Basement Windows

Home Security

  • Exterior Cameras
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Poolside Lot
  • Fence Around Pool

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Waterski or Wakeboard
  • Swimming Allowed
  • Lake Privileges
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 020371590086904
  • $350 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, pier/dock maintenance
  • Schooler's Pond Property Owner's Association
  • Schoolers Pond Subdivision

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Pier or Dock
  • Beach
  • Community Playground
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,687

Year Built

Built in 1999

Lot Details

0

HOA Fees

$44 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-06-07
  • Year Built: 1999
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Interior Access, Windows
  • Laundry Type: Basement
  • Total Sq Ft: 2855
  • Living Area Sq Ft: 2855
  • Price Per Sq Ft: 309.17
  • Above Grade Finished Sq Ft: 1908
  • Below Grade Finished Sq Ft: 947
  • Total Below Grade Sq Ft: 947
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • 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 Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Secure Storage
  • Pool Features: Fenced, In Ground
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Private Access, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Magothy River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Exterior Cameras, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 133.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Picnic Area, Pier/Dock, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance
  • HOA Name: SCHOOLER'S POND PROPERTY OWNER'S ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Picket, Rear, Wood
  • Improvement Assessed Value: 241200.00
  • Land Assessed Value: 248000.00
  • Lot Features: Landscaping, Level, Poolside
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15248827
  • Tax Annual Amount: 4687.00
  • Assessor Parcel Number: 020371590086904
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Front Foot Fee: 350.00

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2021
Sold by
Lowe Christian W and Lowe Jennifer M
Bought by
Lowe Christian W and Lowe Jennifer M
Current Estimated Value
$901,628

Purchase Details

Listed on
May 30, 2019
Closed on
Jul 2, 2019
Sold by
Reale Joseph D and Reale Jennifer L
Bought by
Lowe Christian W and Lowe Jennifer M
Seller's Agent
David Orso
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Chris Murchake
RE/MAX Leading Edge
List Price
$589,900
Sold Price
$582,500
Premium/Discount to List
-$7,400
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$466,000
Outstanding Balance
$408,927
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$492,701

Purchase Details

Closed on
Mar 26, 1999
Sold by
Schooler'S Pond Development Llc
Bought by
Reale Joseph D and Reale Jennifer L
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
Lowe Christian W -- None Available
Lowe Christian W $582,500 Homeland Title & Escrow Ltd
Reale Joseph D $219,025 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe Christian W $466,000
Closed Reale Joseph D --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2019 07/02/19 Sold $582,500 -1.3% $204 / Sq Ft
06/02/2019 06/02/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $589,900 -- $207 / 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 $6,871 $622,467 -- --
2024 $6,871 $581,600 $291,000 $290,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA401578

Bright MLS

APN: 03-715-90086904