NOT LISTED FOR SALE

502 Martingale Ln Arnold, MD 21012

Estimated Value: $482,098 - $545,000

2 Beds
2.5 Baths
2,010 Sq Ft
$256/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $320,000 $159 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,451/month

91 Days on Market

Highlights

  • 1 Boat Dock
  • Beach
  • Pier or Dock
  • Severn River Middle School Rated 9+
  • Pier
  • Home fronts navigable water

About This Home

As of August 2017

Beautiful 2 master unit in the Moorings. New Roof/Paint/Flooring/Thompson Creek TC 900 Series Casement Windows & Slider/Bali Custom 3/8" cellular shades in '16. New drvwy '13. New attic insulation '17. New Fridge '13. New Lennox HVAC/Air Purification/Dehumidifier '09. Electricity tran switch for prtbl generator '13. Porcelain tile in kitchen/foyer. Recessed lights in kitchen. Wood Brng FP.

Last Agent to Sell the Property

Michele Michael

(410) 320-7600 mmgoheels@gmail.com CENTURY 21 New Millennium Listed on: 04/06/2017

CENTURY 21 New Millennium

Last Buyer's Agent

Bo Moran

(410) 353-0778 bmoran@cbmove.com Coldwell Banker Realty License #26809

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,482

Year Built

  • Built in 1992

Lot Details

  • Home fronts navigable water
  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,010 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Pier
  • Water Access
  • River Nearby
  • 1 Boat Dock
  • Stream or River on Lot
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted

Schools

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

Utilities

  • Dehumidifier
  • Humidifier
  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020356590078367

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, insurance, pier/dock maintenance, snow removal, trash, water, security gate, sewer, reserve funds, management, lawn care rear
  • Moorings On The Magothy Community
  • Moorings On The Magothy Subdivision
  • The community has rules related to alterations or architectural changes, antenna installations, commercial vehicles not allowed, covenants, parking rules

Amenities

  • Common Area

Recreation

  • Pier or Dock
  • Mooring Area
  • Beach
  • Tennis Courts

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,482

Year Built

Built in 1992

Lot Details

0

HOA Fees

$395 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2017-04-07
  • Year Built: 1992
  • Remarks Public: Beautiful 2 master unit in the Moorings. New Roof/Paint/Flooring/Thompson Creek TC 900 Series Casement Windows & Slider/Bali Custom 3/8" cellular shades in '16. New drvwy '13. New attic insulation '17. New Fridge '13. New Lennox HVAC/Air Purification/Dehumidifier '09. Electricity tran switch for prtbl generator '13. Porcelain tile in kitchen/foyer. Recessed lights in kitchen. Wood Brng FP.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Kitchen - Country, Dining Area, Primary Bath(s), Upgraded Countertops, Window Treatments, Floor Plan - Open
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Entry Location: Townhouse
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2010
  • Living Area Sq Ft: 2010
  • Price Per Sq Ft: 166.67
  • Above Grade Finished Sq Ft: 2010
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Pool Private: No
  • Water Access: Yes
  • Water Body Name: MAGOTHY RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Air Purification System, Ceiling Fan(s), Central A/C, Dehumidifier
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Central, Humidifier
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 395.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Gated Community, Mooring Area, Pier/Dock, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Insurance, Pier/Dock Maintenance, Snow Removal, Trash, Water, Security Gate, Sewer, Reserve Funds, Management, Lawn Care Rear
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Antenna, Commercial Vehicles Prohibited, Covenants, Parking, Pets - Allowed
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: BELVEDERE
  • Middle School: SEVERN RIVER
  • High School: BROADNECK
  • School District Key: 121140671932
  • Elementary School: BELVEDERE
  • High School: BROADNECK
  • Middle Or Junior School: SEVERN RIVER

Lot Info

  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2017

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 4

Tax Info

  • Tax Annual Amount: 3481.66
  • Assessor Parcel Number: 020356590078367
  • Tax Total Finished Sq Ft: 2010
  • Tax Year: 2016
  • Close Date: 08/04/2017

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
Aug 3, 2017
Sold by
Rossetti Mark Cooper and Mark Cooper Rossetti Trust
Bought by
Blauvelt Jill A
Seller's Agent
Michele Michael
CENTURY 21 New Millennium
Buyer's Agent
Bo Moran
Coldwell Banker Realty
List Price
$335,000
Sold Price
$320,000
Premium/Discount to List
-$15,000
-4.48%
Current Estimated Value
$514,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,025
Avg. Annual Appreciation
5.97%

Purchase Details

Closed on
Mar 21, 2015
Sold by
Rossetti Mark C
Bought by
Mark Cooper Rossetti Trust

Purchase Details

Closed on
Dec 23, 2014
Sold by
Rossetti Mark Cooper and The Mark Cooper Rossetti Trust
Bought by
Rossetti Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,600
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2014
Sold by
Rossetti Mark Cooper
Bought by
Rossetti Mark Cooper and Ross Estelle A

Purchase Details

Closed on
Dec 18, 2008
Sold by
Bray Nancy A
Bought by
Rossetti Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,897
Interest Rate
6.08%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2008
Sold by
Bray Nancy A
Bought by
Rossetti Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,897
Interest Rate
6.08%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2000
Sold by
Murphy Jean L
Bought by
Bray Nancy A

Purchase Details

Closed on
Jun 2, 1993
Sold by
Sturbridge Development Co
Bought by
Murphy Jean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.5%
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Blauvelt Jill A $320,000 Title Resources Guaranty Co
Mark Cooper Rossetti Trust -- None Available
Rossetti Mark C -- Greenspring Title Co Inc
Rossetti Mark Cooper -- None Available
Rossetti Mark C $315,000 --
Rossetti Mark C $315,000 --
Bray Nancy A $190,000 --
Murphy Jean L $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rossetti Mark C $297,600
Previous Owner Rossetti Mark C $310,897
Previous Owner Rossetti Mark C $310,897
Previous Owner Murphy Jean L $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2017 08/04/17 Sold $320,000 -4.5% $159 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
07/03/2017 07/03/17 For Sale $335,000 0.0% $167 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
06/21/2017 06/21/17 Price Changed $335,000 -1.5% $167 / Sq Ft
05/07/2017 05/07/17 Price Changed $340,000 -1.4% $169 / Sq Ft
04/06/2017 04/06/17 For Sale $345,000 -- $172 / 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 $3,968 $399,633 -- --
2024 $3,968 $371,000 $180,000 $191,000
2023 $3,887 $371,000 $180,000 $191,000
2022 $3,877 $371,000 $180,000 $191,000
2021 $7,189 $372,000 $180,000 $192,000
2020 $3,514 $353,867 $0 $0
2019 $6,703 $335,733 $0 $0
2018 $3,220 $317,600 $135,000 $182,600
2017 $3,193 $312,600 $0 $0
2016 -- $307,600 $0 $0
2015 -- $302,600 $0 $0
2014 -- $302,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001314693

Bright MLS

APN: 03-565-90078367