NOT LISTED FOR SALE

409 Martingale Ln Arnold, MD 21012

Estimated Value: $585,000 - $604,000

4 Beds
4 Baths
2,875 Sq Ft
$206/Sq Ft Est. Value

Last Sold September 03, 2019

Last sale price $355,000 $123 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,929/month

250 Days on Market

Highlights

  • Beach
  • Pier or Dock
  • Water Access
  • Severn River Middle School Rated 9+
  • Home fronts navigable water
  • Traditional Architecture

About This Home

As of September 2019

Drastic Price Reduction! Motivated seller. 4BR/4BA in the Moorings. Extremely spacious unit - water privileges with beach on the Magothy. Multi-level deck/patio , attached garage, fireplace. Two masters on upper level. New HVAC/garage door/opener. Roof 2 years old. Broadneck schools. Make this your new home!

Last Agent to Sell the Property

Bill Homoky

(410) 571-6669 billh1004@gmail.com Patriot Real Estate, LLC Listed on: 11/18/2018

Last Buyer's Agent

Robert Sampson

(410) 571-4679 rob@gybesethomes.com Taylor Properties License #0668215

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,134

Year Built

  • Built in 1991

Lot Details

  • Home fronts navigable water

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,875 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Laundry Room
  • Finished Basement

Bedrooms and Bathrooms

Outdoor Features

  • Water Access
  • River Nearby

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Programmable Thermostat

Listing and Financial Details

  • Assessor Parcel Number 020356590077181

Community Details

Overview

  • Association fees include exterior building maintenance, management, lawn maintenance, security gate, snow removal, trash
  • Moorings On The Magothy Condos
  • Moorings On The Magothy Subdivision
  • Property Manager

Recreation

  • Pier or Dock
  • Beach
  • Tennis Courts

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,134

Year Built

Built in 1991

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3+
  • Room List: Living Room, Kitchen, Family Room, Laundry
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2875
  • Living Area Sq Ft: 2875
  • Price Per Sq Ft: 128.70
  • Above Grade Finished Sq Ft: 2875
  • 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
  • Water Access: Yes
  • 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

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s), Programmable Thermostat
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 450.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: MOORINGS ON THE MAGOTHY
  • HOA Condo Co-Op Amenities: Beach, Pier/Dock, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Lawn Maintenance, Security Gate, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

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

  • Improvement Assessed Value: 241500.00
  • Land Assessed Value: 135000.00
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 15238247
  • Tax Annual Amount: 4134.00
  • Assessor Parcel Number: 020356590077181
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2018
Closed on
Sep 3, 2019
Sold by
Tolner David J
Bought by
Krakowski Frank J and Krakowski Georgia M
Seller's Agent
Bill Homoky
Patriot Real Estate, LLC
Buyer's Agent
Robert Sampson
Taylor Properties
List Price
$439,000
Sold Price
$355,000
Premium/Discount to List
-$84,000
-19.13%
Current Estimated Value
$592,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,312
Avg. Annual Appreciation
8.41%
Original Mortgage
$284,000
Outstanding Balance
$248,762
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$343,550

Purchase Details

Closed on
Oct 21, 2011
Sold by
Taylor Robert G and Robert G Taylor Revocable Trus
Bought by
Tolner David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2005
Sold by
Taylor Robert G
Bought by
Taylor Robert G

Purchase Details

Closed on
Feb 25, 1999
Sold by
Gaulin Michel R
Bought by
Taylor Robert G
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
Krakowski Frank J $355,000 Capitol Title Group
Tolner David J $400,000 First American Title Ins Co
Taylor Robert G -- --
Taylor Robert G $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krakowski Frank J $284,000
Previous Owner Tolner David J $200,000
Closed Taylor Robert G --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2019 09/03/19 Sold $355,000 -4.1% $123 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/15/2019 07/15/19 Price Changed $370,000 -5.0% $129 / Sq Ft
06/10/2019 06/10/19 Price Changed $389,500 -2.5% $135 / Sq Ft
05/07/2019 05/07/19 Price Changed $399,500 -1.4% $139 / Sq Ft
03/23/2019 03/23/19 Price Changed $405,000 -4.5% $141 / Sq Ft
02/17/2019 02/17/19 Price Changed $424,000 -3.4% $147 / Sq Ft
11/18/2018 11/18/18 For Sale $439,000 -- $153 / 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 $4,588 $451,500 -- --
2024 $4,588 $416,300 $180,000 $236,300
2023 $4,561 $415,133 $0 $0
2022 $4,352 $413,967 $0 $0
2020 $4,219 $400,700 $0 $0
2019 $4,052 $388,600 $0 $0
2018 $3,818 $376,500 $135,000 $241,500
2017 $3,798 $371,500 $0 $0
2016 -- $366,500 $0 $0
2015 -- $361,500 $0 $0
2014 -- $361,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bill Homoky

    Patriot Real Estate, LLC

    Section Image
  • Robert Sampson

    Buyer's Agent in 2019

    Robert Sampson

    Taylor Properties

    (410) 571-4679

    5 in this area

    32 Total Sales

    Robert Sampson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDAA118162

Bright MLS

APN: 03-565-90077181

Maryland Anne Arundel County Arnold 21012

409 Martingale Ln, Arnold, MD

Not Listed for Sale

Townhouses

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