NOT LISTED FOR SALE

503 Broadwater Rd Arnold, MD 21012

Estimated Value: $1,732,745 - $1,939,000

4 Beds
3 Baths
4,000 Sq Ft
$469/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $1,350,000 $338 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $10,864/month

Highlights

  • 70 Feet of Waterfront
  • 2 Dock Slips
  • Fishing Allowed
  • Severn River Middle School Rated 9+
  • Pier
  • Eat-In Gourmet Kitchen

About This Home

As of October 2018

Fantastic Magothy River views & private deep water pier. SAILORS!: 8 ft water depth! 4-BR home was re-built from foundation up and shows beautifully. Luxe master suite, great room w/ gourmet kitchen, hardwood floors, and walls of glass. Finished lower level & In-law suite w/ bathroom over garage. Spacious waterside deck with retractable awning. Broadneck school district! Don't miss the video!

Last Agent to Sell the Property

Charlie Buckley

(410) 266-6880 charlie@waterfronthomes.org Long & Foster Real Estate, Inc. Listed on: 03/09/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Beth Costello

(410) 703-0158 bethcostello@northropteam.com Douglas Realty, LLC License #529399

Douglas Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,815

Year Built

  • Built in 1960 | Remodeled in 2007

Lot Details

  • 0.38 Acre Lot
  • 70 Feet of Waterfront
  • Home fronts navigable water
  • Property is in very good condition
  • Property is zoned R5

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • River
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • 1 Fireplace
  • Screen For Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Home Gym
  • Wood Flooring
  • Finished Basement
  • Exterior Basement Entry

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Sail
  • Bulkhead
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Water Conditioner is Owned

Listing and Financial Details

  • Assessor Parcel Number 020314519461000

Community Details

Overview

  • No Home Owners Association
  • Moving Fees Required
  • Broadwater Beach Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,815

Year Built

Built in 1960 | Remodeled in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-03-09
  • Federal Flood Zone: No
  • Year Built: 1960
  • Year Renovated: 2007
  • Remarks Public: Fantastic Magothy River views & private deep water pier. SAILORS!: 8 ft water depth! 4-BR home was re-built from foundation up and shows beautifully. Luxe master suite, great room w/ gourmet kitchen, hardwood floors, and walls of glass. Finished lower level & In-law suite w/ bathroom over garage. Spacious waterside deck with retractable awning. Broadneck school district! Don't miss the video!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven - Double, Oven - Wall, Refrigerator, Washer, Water Conditioner - Owned
  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Combination Kitchen/Dining, Family Room Off Kitchen, Kitchen - Island, Kitchen - Table Space, Kitchen - Eat-In, Primary Bath(s), Entry Level Bedroom, Built-Ins, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Window Features: Insulated
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Exercise Room, Laundry
  • Basement: Yes
  • Basement Type: Outside Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 4000
  • Living Area Sq Ft: 4000
  • Price Per Sq Ft: 517.50
  • Above Grade Finished Sq Ft: 2800
  • Below Grade Finished Sq Ft: 1200
  • Total Below Grade Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade, Guest House
  • Construction Materials: Vinyl Siding, Shake Siding
  • Dock Type: Pier (Perpendicular)
  • Pool Private: No
  • View: Water, River, Scenic Vista
  • View: Yes
  • Water Access Features: Boat - Powered, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail
  • Water Access: Yes
  • Water Body Name: MAGOTHY RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 70

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Detached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Rules: Moving Fees Required
  • HOA: No
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 312500.00
  • Land Assessed Value: 515000.00
  • Lot Features: Bulkheaded
  • Lot Size Acres: 0.38
  • Lot Size Area: 16553
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16553.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15208824
  • Tax Annual Amount: 8815.23
  • Assessor Parcel Number: 020314519461000
  • Tax Total Finished Sq Ft: 2129
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 10/19/2018

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 8
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2018
Closed on
Oct 19, 2018
Sold by
Falise Mary Kay and Mary Kay Falise Revocable Trus
Bought by
Szold Seth and Szold Susan
Seller's Agent
Charlie Buckley
Long & Foster Real Estate, Inc.
Buyer's Agent
Beth Costello
Douglas Realty, LLC
List Price
$1,550,000
Sold Price
$1,350,000
Premium/Discount to List
-$200,000
-12.9%
Current Estimated Value
$1,874,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,436
Avg. Annual Appreciation
4.78%

Purchase Details

Closed on
Jul 26, 2017
Sold by
Carr Janice M and Flynn Lauretta A
Bought by
Falise Mary Kay

Purchase Details

Closed on
Apr 23, 2012
Sold by
Falise Mary Kay
Bought by
Falise Mary Kay and The Mary Kay Falise Revocable

Purchase Details

Closed on
Nov 26, 2003
Sold by
Lassen Adam
Bought by
Falise Mary Kay

Purchase Details

Closed on
Dec 11, 1995
Sold by
Martensen Norman A
Bought by
Lassen Adam and Lassen Lyne
Source: Public Records

Range of Values:

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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
Szold Seth $1,350,000 Title Excellence
Falise Mary Kay $1,300,000 Lakeside Title Co
Falise Mary Kay -- Federal Title & Escrow Co
Falise Mary Kay $1,150,000 --
Lassen Adam $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lassen Adam --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2018 10/19/18 Sold $1,350,000 -6.8% $338 / Sq Ft
06/01/2018 06/01/18 Price Changed $1,449,000 -3.1% $362 / Sq Ft
05/01/2018 05/01/18 Price Changed $1,495,000 -3.5% $374 / Sq Ft
03/09/2018 03/09/18 For Sale $1,550,000 -- $388 / 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 $12,398 $1,257,867 -- --
2024 $12,398 $1,098,800 $591,900 $506,900
2023 $12,079 $1,074,233 $0 $0
2022 $11,294 $1,049,667 $0 $0
2021 $22,110 $1,025,100 $564,800 $460,300
2020 $10,825 $1,002,200 $0 $0
2019 $10,641 $979,300 $0 $0
2018 $8,391 $827,500 $515,000 $312,500
2017 $7,194 $827,500 $0 $0
2016 -- $827,500 $0 $0
2015 -- $893,800 $0 $0
2014 -- $893,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000226706

Bright MLS

APN: 03-145-19461000