Seller's Agent in 2023
Rachel Best
RE/MAX
(443) 454-5959
6 in this area
147 Total Sales
471 Broadwater Rd Arnold, MD 21012
Estimated Value: $525,669 - $670,000
2
Beds
2
Baths
1,575
Sq Ft
$379/Sq Ft
Est. Value
Highlights
- 50 Feet of Waterfront
- Boat Ramp
- Beach
- Severn River Middle School Rated 9+
- 1 Dock Slip
- Pier
About This Home
As of October 2023OPPORTUNITY AWAITS! This adorable LONGVIEW ON THE MAGOTHY cape cod is ready for someone to come in and breathe new life into its walls! Located on nearly one half acre on the headwaters of Cool Spring Cove which feeds into the Magothy River --- this property has so much potential and so much to offer! Please see the PIER EASEMENT AGREEMENT governing access and restrictions as it pertains to the private pier. The listing is also comprised of 2 Tax ID's totaling the approx. 0.46 acres. The value is mostly in the land, the home is in need of major rehab and updating with evidence of a moisture issue in the basement. The upper level attic space could easily be converted into 2 large bedrooms and the hardwood floors do extend under the remaining carpet on the main level. The possibilities are endless inside and out to turn this into an HGTV worthy cottage on the water! Please do not view the property without an appointment. Longview on the Magothy offers a community beach and boat ramp for $100/year (just $50/year for beach-only access). Property is being sold strictly AS-IS. CASH OR REHAB FINANCING ONLY. WILL NOT PASS FOR CONVENTIONAL FINANCING.
Last Agent to Sell the Property
(443) 454-5959 tbi.homes@gmail.com RE/MAX Leading Edge License #637776 Listed on: 08/31/2023
Last Buyer's Agent
(443) 591-3344 emily.marsh@evrealestate.com Engel & Völkers Annapolis License #5010194
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,620
Year Built
- Built in 1955
Lot Details
- 0.46 Acre Lot
- 50 Feet of Waterfront
- Home fronts navigable water
- Back Yard
- The community has rules related to exclusive easements
- Property is zoned R5
Home Design
- Cape Cod Architecture
- Fixer Upper
- Block Foundation
Interior Spaces
- Property has 3 Levels
- 1 Fireplace
- Water Views
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Partially Finished Basement
- Connecting Stairway
- Interior Basement Entry
Parking
- 3 Parking Spaces
- 3 Driveway Spaces
Outdoor Features
- Pier
- Canoe or Kayak Water Access
- Private Water Access
- River Nearby
- Limit On Boat Length
- Physical Dock Slip Conveys
- 1 Dock Slip
- Dock made with Treated Lumber
- Stream or River on Lot
- Powered Boats Permitted
Schools
- Belvedere Elementary School
- Severn River Middle School
- Broadneck High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 020351011202100
Community Details
Overview
- No Home Owners Association
- Longview On Magothy Subdivision
Recreation
- Boat Ramp
- Beach
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2023
Closed on
Oct 10, 2023
Sold by
Kaye German Debra
Bought by
Griffith Andrew and Griffith Helene
Seller's Agent
Rachel Best
RE/MAX Leading Edge
Buyer's Agent
Emily Marsh
Engel & Völkers Annapolis
List Price
$549,900
Sold Price
$600,000
Premium/Discount to List
$50,100
9.11%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,333
Avg. Annual Appreciation
-0.19%
Original Mortgage
$420,000
Outstanding Balance
$276,477
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$321,190
Purchase Details
Listed on
Aug 31, 2023
Closed on
Oct 6, 2023
Sold by
Kaye German Debra
Bought by
Kaye German Debra
Seller's Agent
Rachel Best
RE/MAX Leading Edge
Buyer's Agent
Emily Marsh
Engel & Völkers Annapolis
List Price
$549,900
Sold Price
$600,000
Premium/Discount to List
$50,100
9.11%
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$276,477
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$321,190
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Griffith Andrew | $600,000 | Mid Maryland Title | |
| Kaye German Debra | -- | None Listed On Document | |
| German Debra Kaye | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Griffith Andrew | $420,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/09/2023 10/09/23 | Sold | $600,000 | +9.1% | $381 / Sq Ft |
| 09/04/2023 09/04/23 | Pending | -- | -- | -- |
| 08/31/2023 08/31/23 | For Sale | $549,900 | -- | $349 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,308 | $356,367 | -- | -- |
| 2024 | $4,308 | $347,500 | $251,700 | $95,800 |
| 2023 | $4,084 | $330,633 | $0 | $0 |
| 2022 | $430 | $313,767 | $0 | $0 |
| 2021 | $387 | $296,900 | $205,000 | $91,900 |
| 2020 | $387 | $288,200 | $0 | $0 |
| 2019 | $387 | $279,500 | $0 | $0 |
| 2018 | $2,746 | $270,800 | $180,000 | $90,800 |
| 2017 | $383 | $261,367 | $0 | $0 |
| 2016 | -- | $251,933 | $0 | $0 |
| 2015 | -- | $242,500 | $0 | $0 |
| 2014 | -- | $242,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rachel Best
-
Emily Marsh
Buyer's Agent in 2023
Emily Marsh
Engel & Völkers Annapolis
(443) 591-3344
1 in this area
30 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2068384
APN: 03-510-11202100
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