NOT LISTED FOR SALE

427 Capstan Ct Arnold, MD 21012

Estimated Value: $472,872 - $534,000

2 Beds
2.5 Baths
2,010 Sq Ft
$251/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $425,000 $211 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,998/month

Highlights

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

About This Home

As of May 2024

RARE OPPORTUNITY * * * MOORINGS on the Magothy is a GATED, WATER-PRIVILEGED highly sought after community in Arnold. This beautiful townhome offers 2 bedrooms, and 2.5 baths on 2 levels. The unit has recently been remodeled w/ NEW KITCHEN, NEW STAINLESS APPLIANCES, NEW GRANITE, NEW PAINT, NEW CARPET, NEW LVP FLOORING, NEW BATHROOMS, NEW LIGHT FIXTURES. Owner's suite is very spacious with sitting area, large walk-in closet and upscale bathroom. Large Secondary bedroom is across the hallway w/ en-suite bathroom. Laundry room is located on upper level. The home is within walking distance to waterfront, pier, private beach, picnic area, and tennis courts. Electrical Vehicle charging access in the garage. The home will be available to move-in by early June. * * * pets (dogs only) on a case by case basis / owner's approval required * * * this is strictly a NON-SMOKING UNIT * * * water and amenity fees are included in the rent (only other utility is electric for the future tenant)

Last Agent to Rent the Property

Zsuzsanna Rainey

(410) 533-2943 zsurainey@comcast.net Taylor Properties License #614206 Listed on: 05/04/2024

Taylor Properties

Last Renter's Agent

Zsuzsanna Rainey

(410) 533-2943 zsurainey@comcast.net Taylor Properties License #614206 Listed on: 05/04/2024

Taylor Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,937

Year Built

  • Built in 1994 | Remodeled in 2022

Lot Details

  • 1,066 Sq Ft Lot
  • Home fronts navigable water
  • Property is in excellent condition

Parking

  • 1 Car Direct Access Garage
  • 2 Driveway Spaces
  • Electric Vehicle Home Charger
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2,010 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Water Views

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Swimming Allowed
  • Powered Boats Permitted

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,250
  • The owner pays for association fees
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 6/1/24
  • $50 Application Fee
  • $120 Repair Deductible
  • Assessor Parcel Number 020356590082599

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, pier/dock maintenance, road maintenance, security gate, snow removal, sewer, trash, water
  • Moorings On The Magothy Subdivision

Recreation

  • Pier or Dock
  • 1 Community Docks
  • Beach
  • Tennis Courts
  • Fishing Allowed
  • Jogging Path

Pet Policy

  • Pet Deposit $500
  • $50 Monthly Pet Rent
  • Dogs Allowed

Additional Features

  • Picnic Area
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,937

Year Built

Built in 1994 | Remodeled in 2022

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2024-06-01
  • Application Fee: 50.00
  • Monthly Pet Rent: 50.00
  • Owner Pays: Association Fees
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis, Dogs Ok, Pet Addendum/Deposit
  • Pets Allowed: Yes
  • Security Deposit: 3250.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1994
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: RARE OPPORTUNITY * * * MOORINGS on the Magothy is a GATED, WATER-PRIVILEGED highly sought after community in Arnold. This beautiful townhome offers 2 bedrooms, and 2.5 baths on 2 levels. The unit has recently been remodeled w/ NEW KITCHEN, NEW STAINLESS APPLIANCES, NEW GRANITE, NEW PAINT, NEW CARPET, NEW LVP FLOORING, NEW BATHROOMS, NEW LIGHT FIXTURES. Owner's suite is very spacious with sitting area, large walk-in closet and upscale bathroom. Large Secondary bedroom is across the hallway w/ en-suite bathroom. Laundry room is located on upper level. The home is within walking distance to waterfront, pier, private beach, picnic area, and tennis courts. Electrical Vehicle charging access in the garage. The home will be available to move-in by early June. * * * pets (dogs only) on a case by case basis / owner's approval required * * * this is strictly a NON-SMOKING UNIT * * * water and amenity fees are included in the rent (only other utility is electric for the future tenant)
  • Repair Deductible: 120.00
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Luxury Vinyl Plank, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Gourmet, Primary Bath(s), Stall Shower, Walk-In Closet(s)
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit, Upper Floor
  • Total Sq Ft: 2010
  • Living Area Sq Ft: 2010
  • Price Per Sq Ft: 1.62
  • Above Grade Finished Sq Ft: 2010
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 427

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Water
  • Water Access Features: Fishing Allowed, Canoe/Kayak, Boat - Powered, Personal Watercraft (PWC), Private Access, Swimming Allowed
  • 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: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Electric Vehicle Charging Station(s)
  • Garage Features: Additional Storage Area, Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beach, Gated Community, Jog/Walk Path, Picnic Area, Pier/Dock, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Pier/Dock Maintenance, Road Maintenance, Security Gate, Snow Removal, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: BELVEDERE
  • Middle School: SEVERN RIVER
  • High School: BROADNECK
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140671932
  • School District Source: 3rd Party
  • Elementary School: BELVEDERE
  • High School: BROADNECK
  • Middle Or Junior School: SEVERN RIVER

Lot Info

  • Land Use Code: U
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1066.00
  • Property Condition: Excellent
  • Zoning: R5

Tax Info

  • Assessor Parcel Number: 020356590082599
  • Tax Total Finished Sq Ft: 2010
  • Tax Data Updated: No
  • Close Date: 05/31/2024

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
May 17, 2022
Sold by
Eaton Diane M
Bought by
King Larry W
Seller's Agent
Annie Eaton
Coldwell Banker Realty
Buyer's Agent
Jonathan Coles
KW Metro Center
List Price
$455,000
Sold Price
$425,000
Premium/Discount to List
-$30,000
-6.59%
Current Estimated Value
$504,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,968
Avg. Annual Appreciation
5.27%
Original Mortgage
$330,000
Outstanding Balance
$312,780
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$192,188

Purchase Details

Closed on
Aug 1, 1996
Sold by
Mill Diane M
Bought by
Eaton Diane M and Eaton Phillip G

Purchase Details

Closed on
Jun 22, 1994
Sold by
Sturbridge Development Co
Bought by
Mill Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.74%
Source: Public Records

Range of Values:

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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
King Larry W $425,000 Commonwealth Land Title
Eaton Diane M -- --
Mill Diane M $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Larry W $330,000
Previous Owner Mill Diane M $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Rented $3,250 0.0% --
05/20/2024 05/20/24 Under Contract -- -- --
05/15/2024 05/15/24 Price Changed $3,250 -7.1% $2 / Sq Ft
05/04/2024 05/04/24 For Rent $3,500 0.0% --
05/19/2022 05/19/22 Sold $425,000 -5.5% $211 / Sq Ft View Prior Sale
04/21/2022 04/21/22 Pending -- -- --
02/15/2022 02/15/22 Price Changed $449,500 -1.2% $224 / Sq Ft
01/17/2022 01/17/22 For Sale $455,000 -- $226 / 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 $3,937 $383,533 -- --
2024 $3,937 $357,100 $180,000 $177,100
2023 $3,900 $357,100 $180,000 $177,100
2022 $3,756 $357,100 $180,000 $177,100
2021 $5,206 $358,300 $180,000 $178,300
2020 $2,547 $345,600 $0 $0
2019 $4,870 $332,900 $0 $0
2018 $3,247 $320,200 $135,000 $185,200
2017 $2,315 $315,200 $0 $0
2016 -- $310,200 $0 $0
2015 -- $305,200 $0 $0
2014 -- $305,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2084036

Bright MLS

APN: 03-565-90082599