NOT LISTED FOR SALE

508 Martingale Ln Unit 28 Arnold, MD 21012

Estimated Value: $572,000 - $682,000

4 Beds
3.5 Baths
2,552 Sq Ft
$236/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $479,000 $188 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,982/month

87 Days on Market

Highlights

  • 5 Dock Slips
  • Water Views
  • Pier
  • Severn River Middle School Rated 9+
  • Beach
  • Pier or Dock

About This Home

As of July 2020

CHECK OUT THE VIRTUAL FLOOR PLAN TOUR WELCOME TO "MOORINGS ON THE MAGOTHY" A PRIVATE GATED WATERFRONT COMMUNITY LOCATED ON THE SHORES OF THE SCENIC MAGOTHY RIVER. LOOKING FOR THAT CHESAPEAKE LIFESTYLE OFFERING SEASONAL RIVER VIEWS? THIS WELL MAINTAINED LUXURY END UNIT IS A GREAT FIND! ONE OF THE LARGEST FLOOR PLANS AVAILABLE YOU WILL ENJOY THE LIGHT FILLED FUNCTIONAL FLOOR PLAN FEATURING OAK HARD WOODS FLOORING, 2 FIREPLACES, MOSTLY ALL NEW WINDOWS, RECENT NEW ROOF AND A NEUTRAL SOOTHING COLOR PALATE. THE FINISHED LOWER LEVEL BOOSTS BRAND NEW CARPETS AND VERSATILE OFFICE/STUDY OR REC ROOM WITH ACCESS TO A BEAUTIFUL OUTDOOR PAVER PATIO. A THIRD BEDROOM WITH A FULL BATH AND LAUNDRY ROOM IS THE PERFECT SET UP FOR VISITING GUESTS AND OR FAMILY. ENJOY ALFRESO DINING AND GRILLING ON THE DECK OFF THE MAIN LIVING LEVEL. RARE 2 WOOD BURNING FIREPLACES COULD BE EASILY CONVERTED TO GAS LOGS. THE GENEROUS FLOOR PLAN OFFERS PLENTY OF SPACE ON 3 FINISHED LEVELS TO SPREAD OUT. THE LUXURIOUS OWNERS SUITE FEATURES A SITTING AREA WITH SEASONAL VIEWS OF THE MAGOTHY RIVER. COMMUNITY CONDO FEE INCLUDES WATER USAGE, LAWN MAINTENANCE, ROOF REPLACEMENT, WATERFRONT COMMUNITY AMENITIES AND MINOR EXTERIOR ITEMS. KAYAKERS PARADISE AND WITHIN WALKING DISTANCE TO "THE POINTE" WATERFRONT RESTAURANT AND ADJOINING MARINA. MINUTES TO HISTORIC ANNAPOLIS AND EASY COMMUTE TO BALTIMORE, WASHINGTON DC AND FT MEADE.

Last Agent to Sell the Property

Bonnie McGurn

(410) 266-0600 annapoliswest@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #586482 Listed on: 03/17/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Jan Flaherty

(410) 280-5600 jflaherty@ttrsir.com TTR Sotheby's International Realty License #585166

TTR Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,356

Year Built

  • Built in 1992

Lot Details

  • Home fronts navigable water
  • Landscaped
  • No Through Street
  • Property is in very good condition

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Driveway Space
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Water
  • Limited

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,552 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Marble Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Palladian Windows
  • Transom Windows
  • Sliding Windows
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Atrium Doors
  • Six Panel Doors
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Home Office

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Flood Lights

Accessible Home Design

  • Level Entry For Accessibility
  • Low Pile Carpeting

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Swimming Allowed
  • Physical Dock Slip Conveys
  • 5 Dock Slips
  • 6 Powered Boats Permitted
  • Lake Privileges
  • Exterior Lighting

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 020356590079218

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn care side, lawn care rear, lawn maintenance, pier/dock maintenance, management, reserve funds, road maintenance
  • Moorings On The Magothy Condos
  • Moorings On The Magothy Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Pier or Dock
  • 1 Community Docks
  • Beach
  • Tennis Courts
  • Fishing Allowed

Security

  • Fenced around community
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,356

Year Built

Built in 1992

Lot Details

2,831 Sq Ft Lot

HOA Fees

$485 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main, Low Pile Carpeting
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1992
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Oven - Double, Cooktop - Down Draft, Washer, Refrigerator
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Island, Primary Bath(s), Recessed Lighting, Skylight(s), Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Double Pane, Casement, Insulated, Palladian, Screens, Skylights, Sliding, Transom
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s), Marble, Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Atrium, Six Panel, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Office
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2552
  • Living Area Sq Ft: 2552
  • Price Per Sq Ft: 187.70
  • Above Grade Finished Sq Ft: 2552
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick
  • Exterior Features: Flood Lights, Exterior Lighting, Street Lights
  • Roof: Architectural Shingle, Asphalt
  • View: Water, Limited
  • Water Access Features: Canoe/Kayak, Boat - Powered, Fishing Allowed, Personal Watercraft (PWC), Private Access, Swimming Allowed
  • 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: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage, On Street
  • Number of Spaces in Driveway: 1

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Utilities: Dsl Available, Cable Tv, Under Ground, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 485.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Moorings on the Magothy
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Picnic Area, Pier/Dock, Tennis Courts, Water/Lake Privileges, Fencing, Gated Community
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Care Side, Lawn Care Rear, Lawn Maintenance, Pier/Dock Maintenance, Management, Reserve Funds, Road Maintenance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BELVEDERE
  • High School: BROADNECK
  • Middle Or Junior School: SEVERN RIVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 240800.00
  • Land Assessed Value: 180000.00
  • Lot Features: Landscaping, No Thru Street
  • Property Condition: Very Good
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 15238261
  • Tax Annual Amount: 4356.00
  • Assessor Parcel Number: 020356590079218
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
Jul 30, 2020
Sold by
Wueller Ralph and Wueller Juanita
Bought by
Lash Paul J and Paul J Lash Revocable Trust
Seller's Agent
Bonnie McGurn
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Jan Flaherty
TTR Sotheby's International Realty
List Price
$479,000
Sold Price
$479,000
Current Estimated Value
$601,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,390
Avg. Annual Appreciation
4.19%
Original Mortgage
$150,000
Outstanding Balance
$132,812
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$468,578

Purchase Details

Closed on
Sep 20, 2011
Sold by
Labonte David J
Bought by
Wueller Ralph and Wueller Juanita

Purchase Details

Closed on
Sep 15, 2011
Sold by
Labonte David J
Bought by
Wueller Ralph and Wueller Juanita

Purchase Details

Closed on
Jun 21, 2007
Sold by
Hurn Herbert W
Bought by
Labonte David J and Labonte Camille A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2007
Sold by
Hurn Herbert W
Bought by
Labonte David J and Labonte Camille A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2001
Sold by
Boyd Robert M
Bought by
Hurn Herbert W and Hurn Gail E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lash Paul J $479,000 Eagle Title Llc
Wueller Ralph $420,000 --
Wueller Ralph $420,000 --
Wueller Ralph $420,000 --
Wueller Ralph $420,000 --
Labonte David J $572,500 --
Labonte David J $572,500 --
Hurn Herbert W $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lash Paul J $150,000
Previous Owner Labonte David J $417,000
Previous Owner Labonte David J $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $479,000 0.0% $188 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $479,000 0.0% $188 / Sq Ft
04/02/2020 04/02/20 Off Market $479,000 -- --
03/17/2020 03/17/20 For Sale $479,000 -- $188 / Sq Ft
Source: Bright MLS

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 $4,904 $466,433 -- --
2024 $4,904 $445,200 $180,000 $265,200
2023 $4,801 $437,067 $0 $0
2022 $4,509 $428,933 $0 $0
2020 $4,084 $404,200 $0 $0
2019 $7,802 $387,600 $0 $0
2018 $3,762 $371,000 $135,000 $236,000
2017 $3,844 $371,000 $0 $0
2016 -- $371,000 $0 $0
2015 -- $379,600 $0 $0
2014 -- $379,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA429052

Bright MLS

APN: 03-565-90079218

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