NOT LISTED FOR SALE

507 Burning Tree Dr Arnold, MD 21012

Estimated Value: $741,000 - $803,000

4 Beds
2.5 Baths
3,010 Sq Ft
$257/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $715,000 $238 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,541/month

3 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Backs to Trees or Woods
  • Magothy River Middle School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of October 2023

A MUST SEE! Lovingly maintained and renovated Bay Hills home has everything that you are looking for: Location, Broadneck Schools, Spacious Floorplan, and Neighborhood Feel! You will immediately feel welcome, as you enter through the large front porch with nostalgic swing. The first-floor boasts modified open concept with remodeled eat-in kitchen, cozy family room, spacious living room with wood-burning fireplace, and mudroom / laundry room (hardwoods throughout). Step out onto the deck and you will see the large patio, perfect for firepit evenings, and a fully fenced yard, with established landscaping. The second-floor features a primary bedroom with beautifully renovated bathroom and two closets. Three large bedrooms, and a newly renovated hall bath provide plenty of space for all! There is even a bonus room on the second floor that can be used as an office, nursery, or walk-in closet. The huge lower-level rec room is the perfect place for weekend fun, or exercise. It’s hard to believe how quiet and private this setting is – with easy access to all major DC/Baltimore commuter routes. Ideal location on the Broadneck Peninsula within walking distance to Bay Hills Golf Club, Swimming Pool, and Shopping Center.

Last Agent to Sell the Property

Jen Denney

(410) 271-5346 jendenneyhomes@gmail.com EXP Realty, LLC License #0679113 Listed on: 09/07/2023

EXP Realty, LLC

Last Buyer's Agent

Scott Schuetter

(410) 900-7668 scott@scottschuetter.com Berkshire Hathaway HomeServices PenFed Realty License #617188

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,322

Year Built

  • Built in 1973

Lot Details

  • 0.25 Acre Lot
  • Back Yard Fenced
  • Backs to Trees or Woods
  • Property is zoned R5

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Replacement Windows
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 020307824988700

Community Details

Overview

  • Bay Hills Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,322

Year Built

Built in 1973

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-09-08
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Recessed Lighting, Window Treatments, Wood Floors
  • Window Features: Energy Efficient, Replacement
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Partially Finished, Poured Concrete
  • Total Sq Ft: 3280
  • Living Area Sq Ft: 3010
  • Price Per Sq Ft: 311.36
  • Above Grade Finished Sq Ft: 2200
  • Below Grade Finished Sq Ft: 810
  • Below Grade Sq Ft: 270
  • Total Below Grade Sq Ft: 1080
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Fencing: Rear
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11100.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5322.00
  • Assessor Parcel Number: 020307824988700
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 18, 2023
Sold by
Komlosy David and Komlosy Kristen
Bought by
Maley Sean and Maley Sara
Seller's Agent
Jen Denney
EXP Realty, LLC
Buyer's Agent
Scott Schuetter
Berkshire Hathaway HomeServices PenFed Realty
List Price
$685,000
Sold Price
$715,000
Premium/Discount to List
$30,000
4.38%
Views
70
Current Estimated Value
$773,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,042
Avg. Annual Appreciation
3.53%
Original Mortgage
$679,250
Outstanding Balance
$665,893
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$107,149

Purchase Details

Closed on
Oct 31, 2005
Sold by
Roth Howard S
Bought by
Komlosy David and Komlosy Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2003
Sold by
Mullikin Matthew E
Bought by
Roth Howard S and Roth Traci L

Purchase Details

Closed on
Jun 30, 1998
Sold by
King Michael A
Bought by
Mullikin Matthew E and Mullikin Catherine L

Purchase Details

Closed on
Jul 26, 1996
Sold by
Baumgartner William P
Bought by
King Michael A and King Beckie G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maley Sean $715,000 Atg Title
Komlosy David $549,000 --
Roth Howard S $410,000 --
Mullikin Matthew E $229,000 --
King Michael A $207,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maley Sean $679,250
Previous Owner Komlosy David $359,000
Previous Owner Komlosy David $31,000
Closed King Michael A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2023 10/18/23 Sold $715,000 +4.4% $238 / Sq Ft
09/10/2023 09/10/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $685,000 -- $228 / 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 $5,790 $534,700 -- --
2024 $5,790 $482,900 $261,300 $221,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2068462

Bright MLS

APN: 03-078-24988700