NOT LISTED FOR SALE

428 Capstan Ct Arnold, MD 21012

Estimated Value: $538,000 - $647,000

4 Beds
3.5 Baths
2,940 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $460,000 $156 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,136/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 April 2022

Opportunity is knocking in the form of this picture-perfect end-unit townhome offering one of the largest floorplans in the desirable gated community of Moorings on the Magothy. Perched along the banks of the Magothy River, you’ll find a lovely community offering a distinctive array of amenities including a private beach, community pier, tennis courts, and greenspaces for impromptu picnics or easy relaxation. With three finished levels, this sun-drenched home offers peeks of the river from rear-facing windows plus updated fixtures and finishes throughout. Lower level features a bonus room and office for maximum work-from-home privacy, with walk-out to backyard greenspace. The main level includes a living room with cozy fireplace; this opens onto a deck offering room for al fresco seating, grilling, dining, and entertaining. There’s a large gathering space with combined dining room and kitchen. Here you’ll find plenty of cabinetry, granite countertops, and a roomy bar for casual dining or buffet service. This level also features a bedroom suite with en suite bath, perfect for guests or for multi-generational living. Upstairs you’ll find three more bedrooms including the owner’s suite offering plenty of space to unwind, plus walk-in closet and en suite bath with double-sink vanity. Enjoy the additional convenience of a single-bay garage. Located minutes from Ferry Point Marina, offering a convenient nearby boat slip, The Point restaurant, and just ten minutes from Historic Annapolis where you’ll find all of the shopping, fine dining, and outdoor recreation you desire. Commuter-friendly location for DC and Baltimore and just 20 minutes to BWI. Welcome home!

Last Agent to Sell the Property

Teresa Klem

(443) 223-1364 teresa@goannapolis.com Long & Foster Real Estate, Inc. License #524738 Listed on: 03/09/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Kara Chaffin Donofrio

(703) 795-7238 kara@kcdrealestate.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,805

Year Built

  • Built in 1988

Lot Details

  • Home fronts navigable water

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Driveway Space
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,940 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Water Views
  • Security Gate
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Powered Boats Permitted
  • Lake Privileges
  • Deck

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020356590038861

Community Details

Overview

  • Association fees include lawn care front, lawn care rear, lawn care side, reserve funds, road maintenance, snow removal, security gate, lawn maintenance, management, trash, water, common area maintenance, insurance, pier/dock maintenance, exterior building maintenance, sewer
  • Moorings On The Magothy Condominium Council Inc. Condos
  • Moorings On The Magothy Subdivision
  • Property Manager

Recreation

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

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,805

Year Built

Built in 1988

Lot Details

0

HOA Fees

$575 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2022-03-09
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: Opportunity is knocking in the form of this picture-perfect end-unit townhome offering one of the largest floorplans in the desirable gated community of Moorings on the Magothy. Perched along the banks of the Magothy River, you’ll find a lovely community offering a distinctive array of amenities including a private beach, community pier, tennis courts, and greenspaces for impromptu picnics or easy relaxation. With three finished levels, this sun-drenched home offers peeks of the river from rear-facing windows plus updated fixtures and finishes throughout. Lower level features a bonus room and office for maximum work-from-home privacy, with walk-out to backyard greenspace. The main level includes a living room with cozy fireplace; this opens onto a deck offering room for al fresco seating, grilling, dining, and entertaining. There’s a large gathering space with combined dining room and kitchen. Here you’ll find plenty of cabinetry, granite countertops, and a roomy bar for casual dining or buffet service. This level also features a bedroom suite with en suite bath, perfect for guests or for multi-generational living. Upstairs you’ll find three more bedrooms including the owner’s suite offering plenty of space to unwind, plus walk-in closet and en suite bath with double-sink vanity. Enjoy the additional convenience of a single-bay garage. Located minutes from Ferry Point Marina, offering a convenient nearby boat slip, The Point restaurant, and just ten minutes from Historic Annapolis where you’ll find all of the shopping, fine dining, and outdoor recreation you desire. Commuter-friendly location for DC and Baltimore and just 20 minutes to BWI. Welcome home!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Washer, Built-In Microwave, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Laminated
  • Interior Amenities: Attic, Breakfast Area, Dining Area, Primary Bath(s), Window Treatments, Upgraded Countertops, Recessed Lighting, Carpet, Ceiling Fan(s), Floor Plan - Traditional, Walk-In Closet(s)
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Study, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2940
  • Living Area Sq Ft: 2940
  • Price Per Sq Ft: 154.76
  • Above Grade Finished Sq Ft: 2940
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 428

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 2
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • View: Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Sail, Swimming Allowed, Waterski/Wakeboard
  • 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
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Refuse: 341.00
  • 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
  • Security: Security Gate
  • 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
  • Condo Co-Op Name: Moorings on the Magothy Condominium Council Inc.
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Gated Community, Pier/Dock, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Lawn Care Rear, Lawn Care Side, Reserve Funds, Road Maintenance, Snow Removal, Security Gate, Lawn Maintenance, Management, Trash, Water, Common Area Maintenance, Insurance, Pier/Dock Maintenance, Ext Bldg Maint, Sewer
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 247200.00
  • Land Assessed Value: 180000.00
  • Land Use Code: U
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2021
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 15238198
  • Tax Annual Amount: 4805.00
  • Assessor Parcel Number: 020356590038861
  • Tax Total Finished Sq Ft: 2940
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/29/2022

Multi Family

  • Mean Low Water Feet: 3

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Apr 29, 2022
Sold by
Rosswork Sandra G
Bought by
Chaffin J Ross J and Chaffin Lauren
Seller's Agent
Teresa Klem
Long & Foster Real Estate, Inc.
Buyer's Agent
Kara Chaffin Donofrio
Long & Foster Real Estate, Inc.
List Price
$455,000
Sold Price
$460,000
Premium/Discount to List
$5,000
1.1%
Current Estimated Value
$592,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,823
Avg. Annual Appreciation
7.58%
Original Mortgage
$200,000
Outstanding Balance
$189,738
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$403,085

Purchase Details

Closed on
Mar 10, 2004
Sold by
Engl Charles W
Bought by
Rosswork Sandra G

Purchase Details

Closed on
Jul 31, 1989
Sold by
Mago Vista Associates
Bought by
Marquez Dario O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
9.81%
Source: Public Records

Range of Values:

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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
Chaffin J Ross J $460,000 Sage Title
Rosswork Sandra G $320,000 --
Marquez Dario O $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaffin J Ross J $200,000
Previous Owner Marquez Dario O $143,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $460,000 +1.1% $156 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $455,000 0.0% $155 / Sq Ft
08/30/2019 08/30/19 Rented $2,400 0.0% --
08/24/2019 08/24/19 Off Market $2,400 -- --
08/22/2019 08/22/19 For Rent $2,400 0.0% --
11/05/2016 11/05/16 Rented $2,400 0.0% --
10/25/2016 10/25/16 Under Contract -- -- --
10/07/2016 10/07/16 For Rent $2,400 +2.1% --
10/31/2014 10/31/14 Rented $2,350 -2.1% --
10/31/2014 10/31/14 Under Contract -- -- --
10/06/2014 10/06/14 For Rent $2,400 0.0% --
06/27/2013 06/27/13 Rented $2,400 0.0% --
06/25/2013 06/25/13 Under Contract -- -- --
06/07/2013 06/07/13 For Rent $2,400 -- --
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 $4,981 $473,833 -- --
2024 $4,981 $452,100 $180,000 $272,100
2023 $4,875 $443,800 $0 $0
2022 $4,579 $435,500 $0 $0
2021 $4,492 $427,200 $180,000 $247,200
2020 $4,311 $409,500 $0 $0
2019 $4,130 $391,800 $0 $0
2018 $3,793 $374,100 $135,000 $239,100
2017 $3,876 $374,100 $0 $0
2016 -- $374,100 $0 $0
2015 -- $383,100 $0 $0
2014 -- $383,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2024610

Bright MLS

APN: 03-565-90038861