NOT LISTED FOR SALE

489 Colonial Ridge Ln Arnold, MD 21012

Estimated Value: $457,000 - $475,759

3 Beds
4 Baths
2,124 Sq Ft
$219/Sq Ft Est. Value

Last Sold January 09, 2020

Last sale price $329,900 $155 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,944/month

8 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Central Air
  • Magothy River Middle School Rated A-
  • Brick Front
  • Heat Pump System

About This Home

As of January 2020

Welcome to your new home! The owner has updated virtually everything in this gorgeous town home, move right in without doing anything. Enjoy all that this neighborhood has to offer, golf course, walking paths, shopping center and more. Kitchen cabinets, granite counter tops, bathrooms, flooring, appliances, fixtures, everything has been updated for you to enjoy!

Last Agent to Sell the Property

Christian Dimenna

(410) 279-1132 christian@buyingannapolis.com Cummings & Co. Realtors License #649399 Listed on: 11/03/2019

Cummings & Co. Realtors

Last Buyer's Agent

Jessica Busch

(443) 308-8116 jessicabusch@kw.com Keller Williams Flagship

Keller Williams Flagship

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,391

Year Built

  • Built in 1980

Lot Details

  • 5,663 Sq Ft Lot

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Dutch Architecture
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • On-Street Parking
  • 2 Assigned Parking Spaces

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Association fees include snow removal, trash
  • Victory Managament HOA
  • Tanglewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020307890020525

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,391

Year Built

Built in 1980

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Dutch, Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-11-05
  • Year Built: 1980
  • Remarks Public: Welcome to your new home! The owner has updated virtually everything in this gorgeous town home, move right in without doing anything. Enjoy all that this neighborhood has to offer, golf course, walking paths, shopping center and more. Kitchen cabinets, granite counter tops, bathrooms, flooring, appliances, fixtures, everything has been updated for you to enjoy!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2232
  • Living Area Sq Ft: 2124
  • Price Per Sq Ft: 218.19
  • Above Grade Finished Sq Ft: 1512
  • Below Grade Finished Sq Ft: 612
  • Below Grade Sq Ft: 108
  • Total Below Grade Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 489

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: On Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 165.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash
  • HOA Name: VICTORY MANAGAMENT
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: BROADNECK
  • 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: BROADNECK
  • High School: BROADNECK
  • Middle Or Junior School: SEVERN RIVER

Lot Info

  • Land Use Code: 011
  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5662.80
  • Year Assessed: 2019
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 3391.00
  • Assessor Parcel Number: 020307890020525
  • Tax Total Finished Sq Ft: 2124
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 01/09/2020

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2019
Closed on
Jan 9, 2020
Sold by
Gorman Kevin M and Gorman Adriana M
Bought by
Mullen Gregory Thomas and Mullen Sarah Ann Espinosa
Seller's Agent
Christian Dimenna
Cummings & Co. Realtors
Buyer's Agent
Jessica Busch
Keller Williams Flagship
List Price
$329,900
Sold Price
$329,900
Current Estimated Value
$465,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,540
Avg. Annual Appreciation
6.11%
Original Mortgage
$129,900
Outstanding Balance
$114,772
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$350,668

Purchase Details

Closed on
Aug 31, 2015
Sold by
Gorman Kevin M and Gorman Del Sesto
Bought by
Gorman Kevin M and Gorman Adriana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2014
Closed on
Jul 18, 2014
Sold by
Stailey Judith C and Estate Of Betty Jane Cannella
Bought by
Gorman Kevin M and Gorman Del Sesto
Seller's Agent
Ted Kinkel
Long & Foster Real Estate, Inc.
Buyer's Agent
John Collins
Long & Foster Real Estate, Inc.
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$237,500
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 1980
Bought by
Cannella Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
12.58%
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
Mullen Gregory Thomas $329,900 Charter Title Llc
Gorman Kevin M -- First Equity Title Corp
Gorman Kevin M $250,000 Sage Title Group Llc
Cannella Betty J $71,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullen Gregory Thomas $129,900
Previous Owner Gorman Kevin M $240,000
Previous Owner Gorman Kevin M $237,500
Previous Owner Cannella Betty J $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2020 01/09/20 Sold $329,900 0.0% $155 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
11/03/2019 11/03/19 For Sale $329,900 +32.0% $155 / Sq Ft
07/18/2014 07/18/14 Sold $250,000 +2.0% $170 / Sq Ft View Prior Sale
05/18/2014 05/18/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $245,000 -- $166 / 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 $4,050 $351,200 -- --
2024 $4,050 $330,200 $150,000 $180,200
2023 $3,945 $324,900 $0 $0
2022 $3,687 $319,600 $0 $0
2021 $7,247 $314,300 $150,000 $164,300
2020 $3,515 $304,900 $0 $0
2019 $6,657 $295,500 $0 $0
2018 $2,901 $286,100 $100,000 $186,100
2017 $3,022 $274,033 $0 $0
2016 -- $261,967 $0 $0
2015 -- $249,900 $0 $0
2014 -- $249,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDAA417664

Bright MLS

APN: 03-078-90020525