NOT LISTED FOR SALE

517 Broadwater Rd Arnold, MD 21012

Estimated Value: $1,814,295 - $2,039,000

4 Beds
3 Baths
3,709 Sq Ft
$514/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $1,570,000 $423 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $11,641/month

Highlights

  • 165 Feet of Waterfront
  • 3 Dock Slips
  • Pool and Spa
  • Severn River Middle School Rated 9+
  • Access to Tidal Water
  • Fishing Allowed

About This Home

As of March 2023

Home sold in AS IS condition, Major Rehab Required! Savor the sensational panoramic Magothy River views from this contemporary home with 4 bedrooms, 3 baths. WATERSIDE POOL, expansive deck with unobstructed views plus a multi-slip deep water pier (6ft MLW) with boat lift just off the Magothy River on Cool Spring Cove. Your fellow mariners will be envious of the close proximity from your pier to some of the best boating/fishing/entertaining the Chesapeake Bay and its waterways have to offer. Inside, the sun drenched Living Room with skylights, soaring wood ceiling and 2-sided stone stacked fireplace are as awe-inspiring as the sweeping water views and the open floor plan, well-equipped Kitchen and adjacent Dining Room makes entertaining a breeze. Choose one level living with the conveniently located main level Owner's bedroom suite or take advantage of the additional 2nd floor bedroom suite and spacious lower level Family Room with wood stove and sliding glass doors to the pool and waterside deck. This property even offers the hard to find trifecta of public water, sewer & natural gas! The pool and waterside deck area are not currently operational. Located in the Blue-Ribbon Broadneck School district and just 5 miles to downtown Annapolis and Severna Park. Convenient to Baltimore, BWI, Ft. Meade/NSA and Washington, DC. You literally have the best this region has to offer in a 30-mile radius. Welcome Home!

Last Agent to Sell the Property

Brad Kappel

(410) 279-9476 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty Listed on: 02/20/2023

TTR Sotheby's International Realty

Last Buyer's Agent

Rene Livesay

(443) 223-1317 rlgeist@hotmail.com Curtis Real Estate Company License #624221

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,936

Year Built

  • Built in 1981

Lot Details

  • 0.89 Acre Lot
  • 165 Feet of Waterfront
  • Home fronts navigable water
  • Stone Retaining Walls
  • Landscaped
  • Extensive Hardscape
  • Premium Lot
  • Property is zoned R5

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • River
  • Panoramic
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3,709 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • Crown Molding
  • Wood Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Free Standing Fireplace
  • Stone Fireplace
  • Double Pane Windows
  • Atrium Windows
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Atrium Doors
  • Dining Area
  • Recreation Room
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Down Draft Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Laundry Chute

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Basement Windows

Outdoor Features

  • Pool and Spa
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Bulkhead
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Stream or River on Lot
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Deck
  • Exterior Lighting

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020314590029796

Community Details

Overview

  • No Home Owners Association
  • Broadwater Beach Subdivision, Magothy River Waterfront Floorplan

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,936

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop - Down Draft, Dishwasher, Cooktop, Dryer, Exhaust Fan, Icemaker, Microwave, Oven - Double, Oven - Wall, Refrigerator, Washer
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Built-Ins, Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Upgraded Countertops, Laundry Chute, Recessed Lighting, Skylight(s)
  • Window Features: Atrium, Double Pane, Screens, Skylights, Sliding
  • Fireplace Features: Stone, Free Standing
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass, Atrium
  • Wall Ceiling Types: Cathedral Ceilings, 2 Story Ceilings, Wood Ceilings
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Recreation Room, Additional Bedroom
  • Basement: Yes
  • Basement Type: Connecting Stairway, Walkout Level, Windows, Daylight, Full, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3709
  • Living Area Sq Ft: 3709
  • Price Per Sq Ft: 430.04
  • Above Grade Finished Sq Ft: 3709
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding, Stone
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Hot Tub, Stone Retaining Walls
  • Pool Features: Pool/Spa Combo
  • Spa: No
  • View: Panoramic, River, Water, Scenic Vista
  • Water Access Features: Private Access, Fishing Allowed, Sail, Swimming Allowed, Waterski/Wakeboard, Boat - Powered, Canoe/Kayak, Personal Watercraft (PWC)
  • Water Access: Yes
  • Water Body Name: Magothy River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 165

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary 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: 477900.00
  • Land Assessed Value: 1247400.00
  • Lot Features: Bulkheaded, Landscaping, Premium, Stream/Creek
  • Lot Size Acres: 0.89
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 38768.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Major Rehab Needed
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15208843
  • Tax Annual Amount: 17936.00
  • Assessor Parcel Number: 020314590029796
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • 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
Feb 20, 2023
Closed on
Mar 3, 2023
Sold by
Abbott Nicholas D
Bought by
Rekus Thomas R and Mcnally Patricia S
Seller's Agent
Brad Kappel
TTR Sotheby's International Realty
Buyer's Agent
Rene Livesay
Curtis Real Estate Company
List Price
$1,595,000
Sold Price
$1,570,000
Premium/Discount to List
-$25,000
-1.57%
Current Estimated Value
$1,936,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,338
Avg. Annual Appreciation
7.00%

Purchase Details

Listed on
Sep 3, 2021
Closed on
Nov 30, 2022
Sold by
Valentine Vincent
Bought by
Abbott Nicholas D and Abbott Lisa R
Seller's Agent
Brad Kappel
TTR Sotheby's International Realty
Buyer's Agent
Brad Kappel
TTR Sotheby's International Realty
List Price
$1,850,000
Sold Price
$1,650,000
Premium/Discount to List
-$200,000
-10.81%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Rekus Thomas R $1,570,000 Eagle Title
Rekus Thomas R $1,570,000 Eagle Title
Abbott Nicholas D $1,650,000 Eagle Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2023 03/03/23 Sold $1,570,000 -1.6% $423 / Sq Ft
02/20/2023 02/20/23 For Sale $1,595,000 -3.3% $430 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
11/30/2022 11/30/22 Sold $1,650,000 0.0% $445 / Sq Ft View Prior Sale
04/08/2022 04/08/22 Price Changed $1,650,000 -7.0% $445 / Sq Ft
11/16/2021 11/16/21 Price Changed $1,775,000 -4.1% $479 / Sq Ft
09/03/2021 09/03/21 For Sale $1,850,000 0.0% $499 / Sq Ft
01/19/2020 01/19/20 Rented $3,900 0.0% --
01/17/2020 01/17/20 Under Contract -- -- --
12/06/2019 12/06/19 Price Changed $3,900 -2.5% $1 / Sq Ft
11/02/2019 11/02/19 For Rent $4,000 -2.4% --
09/01/2017 09/01/17 Rented $4,100 -13.7% --
08/10/2017 08/10/17 Under Contract -- -- --
08/04/2017 08/04/17 For Rent $4,750 -- --
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 $19,394 $1,570,000 $1,071,600 $498,400
2024 $19,394 $1,725,300 $1,247,400 $477,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2053872

Bright MLS

APN: 03-145-90029796