Seller's Agent in 2019
Travis Paez
Long & Foster
(305) 905-4863
5 in this area
34 Total Sales
501 Burning Tree Dr Arnold, MD 21012
Estimated Value: $750,000 - $851,000
4
Beds
2.5
Baths
3,020
Sq Ft
$268/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Attic
- Tennis Courts
- Magothy River Middle School Rated A-
- Community Pool
- 2 Car Attached Garage
About This Home
As of April 2019Charming Bay Hills colonial is awaiting your updates. Over 2400 sqft plus a partially finished walk-out basement. Huge corner lot with a screened in porch and mature trees set back on a quiet street. Oversized two car garage adds plenty of storage. Roof and HVAC five years young. Neighborhood amenities include basketball courts, tot lots, pool, tennis and golf. Close to downtown Annapolis, Naval Academy, Rt. 50. Easy commute to Baltimore or DC
Last Agent to Sell the Property
(305) 905-4863 travis.paez@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 02/27/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,673
Year Built
- Built in 1973
Lot Details
- 0.3 Acre Lot
- East Facing Home
- Property is zoned R5
HOA Fees
- $10 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 4 Open Parking Spaces
- Side Facing Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Asphalt Roof
Interior Spaces
- Property has 3 Levels
- Central Vacuum
- Crown Molding
- Wood Burning Fireplace
- Fireplace With Glass Doors
- Fireplace Mantel
- Family Room
- Living Room
- Dining Room
- Partially Finished Basement
- Walk-Up Access
- Laundry on main level
- Attic
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
Eco-Friendly Details
- ENERGY STAR Qualified Equipment for Heating
Utilities
- Heating Available
- Natural Gas Water Heater
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 24
- Assessor Parcel Number 020307828458925
Community Details
Overview
- Bay Hills Community Association, Inc. HOA
- Bay Hills Subdivision
Amenities
- Picnic Area
- Common Area
Recreation
- Golf Course Membership Available
- Tennis Courts
- Community Basketball Court
- Community Playground
- Community Pool
- Pool Membership Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 20, 2020
Sold by
Herr Ronald and Herr Diana
Bought by
Jimenez Esteban and Jimenez Jennifer
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$519,079
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$290,125
Purchase Details
Listed on
Feb 27, 2019
Closed on
Apr 10, 2019
Sold by
Smith Living Trust
Bought by
Herr Ronald and Herr Diana
Seller's Agent
Travis Paez
Long & Foster Real Estate, Inc.
Buyer's Agent
William Young
EXIT Results Realty
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%
Purchase Details
Closed on
Feb 4, 1997
Sold by
Smith Norman J
Bought by
Smith Norman J and Smith Katherine G
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 |
|---|---|---|---|
| Jimenez Esteban | $585,000 | Capitol Title Group | |
| Herr Ronald | $400,000 | Home First Title Group Llc | |
| Smith Norman J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jimenez Esteban | $585,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/12/2019 04/12/19 | Sold | $400,000 | 0.0% | $132 / Sq Ft |
| 03/28/2019 03/28/19 | Price Changed | $400,000 | -5.9% | $132 / Sq Ft |
| 03/25/2019 03/25/19 | Pending | -- | -- | -- |
| 02/27/2019 02/27/19 | For Sale | $425,000 | -- | $141 / 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 | $6,623 | $600,700 | -- | -- |
| 2024 | $6,623 | $559,000 | $266,700 | $292,300 |
| 2023 | $6,262 | $530,100 | $0 | $0 |
| 2022 | $5,668 | $501,200 | $0 | $0 |
| 2021 | $10,732 | $472,300 | $266,700 | $205,600 |
| 2020 | $5,178 | $458,000 | $0 | $0 |
| 2019 | $5,033 | $443,700 | $0 | $0 |
| 2018 | $4,354 | $429,400 | $226,700 | $202,700 |
| 2017 | $3,483 | $427,300 | $0 | $0 |
| 2016 | -- | $425,200 | $0 | $0 |
| 2015 | -- | $423,100 | $0 | $0 |
| 2014 | -- | $416,867 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Travis Paez
-
W
Buyer's Agent in 2019
William Young
EXIT Results Realty
Map
Source: Bright MLS
MLS Number: MDAA374728
APN: 03-078-28458925
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