Seller's Agent in 2024
Jake Sweitzer
Keller Williams Flagship
(410) 917-7050
1 in this area
96 Total Sales
4
Beds
2
Baths
1,628
Sq Ft
5,830
Sq Ft Lot
Highlights
- Cape Cod Architecture
- No HOA
- Oversized Parking
- Central Middle School Rated A-
- 2 Car Attached Garage
- Forced Air Heating and Cooling System
About This Home
As of September 2024Welcome to 501 Forest Rd in absolutely gorgeous Riva, Maryland. Located just minutes away from Maryland’s capital, Annapolis, get ready to experience the Annapolis lifestyle without the price tag! 501 Forest features an expansive corner-lot in the highly sought after, water privileged community of Sylvan Shores! Recent updates include cosmetic updates including paint and carpet and update of major systems, including drain/sump pump in basement, Trane furnace updated in 2021, and new roof! Downstairs is room for all of your gatherings and relaxation including a combined living dining room, sun-filled sitting room, main-level full bathroom and THREE bedrooms! Upstairs features an HUGE main bedroom with closet space and bathroom with expansive double vanity. (Just under 750 square feet!) A convenient side entrance leaves the new owner with the possibility of a separate suite and living area! The garage is over 500 square feet and is heated and air conditioned with double insulated garage door - perfect for year-round projects! Two sources of 200+ amp service make it a handy person’s dream! Outside features fully fence in yard, a sitting oasis with a pond and beautiful goldfish and a fire pit for friendly gatherings! Substantial off-street driveway gives the new owner plenty of space to park ALL of their vehicles. Recently connected to public water and sewage. Access to waterfront community park, recreation area with rentable boat slips, kayak rack and boat launch - you also have access to the Sylvan Shores clubs house, community piers and boat ramp!
Last Agent to Sell the Property
(410) 917-7050 jake@jakesellsmaryland.com Keller Williams Flagship Listed on: 07/12/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,245
Year Built
- Built in 1935 | Remodeled in 2018
Lot Details
- 5,830 Sq Ft Lot
- Property is zoned R2
Parking
- 2 Car Attached Garage
- Oversized Parking
- Front Facing Garage
- Driveway
- On-Street Parking
Home Design
- Cape Cod Architecture
- Traditional Architecture
- Block Foundation
- Architectural Shingle Roof
Interior Spaces
- Property has 2.5 Levels
- Ceiling Fan
- Unfinished Basement
- Exterior Basement Entry
Bedrooms and Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- No Home Owners Association
- Sylvan Shores Forest Subdivision
Listing and Financial Details
- Tax Lot 510
- Assessor Parcel Number 020175102231302
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2024
Closed on
Sep 20, 2024
Sold by
Walter Christopher
Bought by
Kalin Eric
Seller's Agent
Jake Sweitzer
Keller Williams Flagship
Buyer's Agent
Joshua Shapiro
Douglas Realty, LLC
List Price
$499,999
Sold Price
$468,000
Premium/Discount to List
-$31,999
-6.4%
Views
231
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
$18,430
Avg. Annual Appreciation
4.02%
Original Mortgage
$440,475
Outstanding Balance
$435,966
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$50,464
Purchase Details
Closed on
Sep 17, 1996
Sold by
Wright Josephine M
Bought by
Walter Christopher
Purchase Details
Closed on
Aug 24, 1993
Sold by
Mcnally J J
Bought by
Wright J M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.11%
Purchase Details
Closed on
Sep 5, 1990
Sold by
Mcwilliams Sharon K
Bought by
Mcnally James J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,600
Interest Rate
10.24%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $468,000 | Wfg National Title | |
| Deed | $468,000 | Wfg National Title | |
| Deed | $86,277 | -- | |
| Deed | $112,000 | -- | |
| Deed | $97,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $440,475 | New Conventional | |
| Closed | $440,475 | New Conventional | |
| Previous Owner | $187,757 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $90,000 | No Value Available | |
| Previous Owner | $92,600 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/23/2024 09/23/24 | Sold | $468,000 | -1.5% | $287 / Sq Ft |
| 08/24/2024 08/24/24 | Pending | -- | -- | -- |
| 08/15/2024 08/15/24 | Price Changed | $475,000 | -5.0% | $292 / Sq Ft |
| 07/12/2024 07/12/24 | For Sale | $499,999 | 0.0% | $307 / Sq Ft |
| 05/15/2023 05/15/23 | Rented | $2,800 | 0.0% | -- |
| 04/27/2023 04/27/23 | Under Contract | -- | -- | -- |
| 04/26/2023 04/26/23 | Off Market | $2,800 | -- | -- |
| 04/25/2023 04/25/23 | For Rent | $2,800 | 0.0% | -- |
| 04/24/2023 04/24/23 | Off Market | $2,800 | -- | -- |
| 04/19/2023 04/19/23 | Price Changed | $2,800 | 0.0% | $1 / Sq Ft |
| 04/19/2023 04/19/23 | For Rent | $2,800 | +27.3% | -- |
| 04/19/2023 04/19/23 | Off Market | $2,200 | -- | -- |
| 04/19/2023 04/19/23 | For Rent | $2,200 | -- | -- |
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 | $2,780 | $276,067 | -- | -- |
| 2024 | $2,780 | $269,233 | $0 | $0 |
| 2023 | $1,547 | $262,400 | $154,100 | $108,300 |
| 2022 | $2,387 | $258,800 | $0 | $0 |
| 2021 | $4,681 | $255,200 | $0 | $0 |
| 2020 | $2,236 | $251,600 | $154,100 | $97,500 |
| 2019 | $2,113 | $245,467 | $0 | $0 |
| 2018 | $2,427 | $239,333 | $0 | $0 |
| 2017 | $1,957 | $233,200 | $0 | $0 |
| 2016 | $15 | $233,200 | $0 | $0 |
| 2015 | $15 | $233,200 | $0 | $0 |
| 2014 | -- | $233,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jake Sweitzer
-
Joshua Shapiro
Buyer's Agent in 2024
Joshua Shapiro
Douglas Realty, LLC
(410) 929-5256
1 in this area
277 Total Sales
-
Jackie Sexton
Buyer's Agent in 2023
Jackie Sexton
Keller Williams Flagship
(903) 920-1206
1 in this area
35 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2089066
APN: 01-751-02231302
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