NOT LISTED FOR SALE

428 Schoolers Pond Way Arnold, MD 21012

Estimated Value: $1,794,425 - $1,818,000

4 Beds
4 Baths
3,237 Sq Ft
$560/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $1,600,004 $494 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $10,640/month

About This Home

As of February 2024

Savor the sensational panoramic Magothy River views from this contemporary home! This 4 bedroom, 3.5 bath home in Arnold checks all the boxes for a coveted waterfront family home; private pier, public water and sewer, natural gas plus a great school district and captivating water views down the Magothy River. Gorgeous inside and out, the fenced gardens that wrap around to the waterside of the home has lush landscaping and is great for pets and kids. Relax on one of the many exterior entertaining areas, including the screened porch, rear deck and the dock to enjoy the parade of boats and the ever changing scenery. Over 3,200 sqft of living space with newly remodeled custom-built kitchen featuring tons of natural light, high-end appliances and stunning countertops, adjacent seating area, dining area and spacious living room all with captivating views of the water. The Primary bedroom ensuite features a private balcony, double closet, luxury spa-like bath and soaking tub that has one of the best views in the house. In addition to the 3 other bedrooms and 2 baths you will delight in the loft area overlooking the kitchen and the bonus room that is a great flex space for a family room, playroom, gym or anything you can dream up! The private pier with boat lift stretches out into the Magothy River with easy access out to the Chesapeake Bay and beyond, pleasing everyone from the novice to the experience boater. Located in the Blue-Ribbon Broadneck School district and just 5 miles to downtown Annapolis and Severna Park. Convenient to Baltimore, BWI, Ft. Meade/NSA and Washington, DC. You literally have the best this region has to offer in a 30-mile radius. Welcome Home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Feb 16, 2024
Sold by
Grubb Thomas J and Grubb Colleen M
Bought by
Walko Leslie and Walko Kevin
Seller's Agent
Brad Kappel
TTR Sotheby's International Realty
Buyer's Agent
Sandra K. Libby
Long & Foster Real Estate, Inc.
List Price
$1,595,000
Sold Price
$1,600,004
Premium/Discount to List
$5,004
0.31%
Views
261
Current Estimated Value
$1,812,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,102
Avg. Annual Appreciation
8.14%
Original Mortgage
$772,541
Outstanding Balance
$759,764
Interest Rate
6.66%
Mortgage Type
Construction
Estimated Equity
$1,052,342

Purchase Details

Closed on
Jun 13, 2006
Sold by
Loup Francois
Bought by
Grubb Thomas J and Grubb Colleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 1993
Sold by
Parke John G
Bought by
Carroll Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.47%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Walko Leslie $1,600,004 Eagle Title
Walko Leslie $1,600,004 Eagle Title
Grubb Thomas J $1,150,000 --
Carroll Michael P $332,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walko Leslie $772,541
Closed Walko Leslie $772,541
Previous Owner Grubb Thomas J $900,000
Previous Owner Grubb Thomas J $30,000
Previous Owner Grubb Thomas J $1,008,000
Previous Owner Grubb Thomas J $920,000
Previous Owner Grubb Thomas J $163,000
Previous Owner Grubb Thomas J $115,000
Previous Owner Grubb Thomas J $920,000
Previous Owner Carroll Michael P $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $1,600,004 +0.3% $494 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
01/04/2024 01/04/24 Price Changed $1,595,000 0.0% $493 / Sq Ft
01/04/2024 01/04/24 For Sale $1,595,000 -0.3% $493 / Sq Ft
12/17/2023 12/17/23 Off Market $1,600,004 -- --
10/20/2023 10/20/23 Price Changed $1,675,000 -4.3% $517 / Sq Ft
09/15/2023 09/15/23 For Sale $1,750,000 -- $541 / Sq Ft

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 $12,847 $1,281,933 -- --
2024 $12,847 $1,127,400 $766,400 $361,000
2023 $11,367 $1,106,267 $0 $0
2022 $10,657 $1,085,133 $0 $0
2021 $20,913 $1,064,000 $735,100 $328,900
2020 $10,249 $1,064,000 $735,100 $328,900
2019 $10,088 $1,064,000 $735,100 $328,900
2018 $10,821 $1,067,200 $735,100 $332,100
2017 $9,428 $991,733 $0 $0
2016 -- $916,267 $0 $0
2015 -- $840,800 $0 $0
2014 -- $840,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map