NOT LISTED FOR SALE

518 Ark Haven Rd Tracys Landing, MD 20779

Estimated Value: $489,000 - $572,000

3 Beds
2 Baths
1,104 Sq Ft
$493/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $540,000 $489 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,081/month

Highlights

  • 1 Fireplace
  • Cottage
  • Heat Pump System
  • No HOA
  • Central Air

About This Home

As of August 2024

Rare opportunity to own an original 1930's cottage in the sought-after community of Ark Haven! Enjoy the views of the Chesapeake Bay from the sunroom that has a vaulted ceiling with exposed wood beams. French doors lead from the sunroom into an open floor plan with original hardwood floors and beautiful knotty pine walls. A wood stove in the living room keeps the entire home warm and cozy through winter months. The spacious kitchen has Corian countertops, however, the rustic wood cabinetry retains the unique charm of this water view cottage. Plenty of space here with three bedrooms and two baths, including a primary en-suite. This home truly offers the lifestyle you have always dreamed about! Perfect home for retirees, or to work remotely from --or use as a second home get away! This water privileged community has tons of history, a beautiful common area and a community pier! Easy commute to BWI and Reagan National airports, Joint Base Andrews, Annapolis and Washington DC.

Last Agent to Sell the Property

Conor Stueckler

(443) 624-1433 conorstueckler@gmail.com Keller Williams Flagship Listed on: 07/23/2024

Keller Williams Flagship

Last Buyer's Agent

Chris McNelis

(410) 610-4045 chris.mcnelis@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #17858

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,371

Year Built

  • Built in 1930

Lot Details

  • 4,050 Sq Ft Lot
  • Property is zoned R2

Parking

  • Driveway

Home Design

  • Cottage
  • Block Foundation

Interior Spaces

  • 1,104 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Doors are 32 inches wide or more

Schools

  • Deale Elementary School
  • Southern Middle School
  • Southern High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Ark Haven Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 020800101333900

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,371

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-07-24
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1104
  • Living Area Sq Ft: 1104
  • Price Per Sq Ft: 475.54
  • Above Grade Finished Sq Ft: 1104
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: DEALE
  • High School: SOUTHERN
  • Middle Or Junior School: SOUTHERN

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4050.00
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2371.00
  • Assessor Parcel Number: 020800101333900
  • Tax Lot: 17
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Aug 16, 2024
Sold by
Wilson N Krahnke Revocable Trust
Bought by
Lorenzo Aaron Eugene and Lorenzo Heather Nicole
Seller's Agent
Conor Stueckler
Keller Williams Flagship
Buyer's Agent
Chris McNelis
Berkshire Hathaway HomeServices PenFed Realty
List Price
$525,000
Sold Price
$540,000
Premium/Discount to List
$15,000
2.86%
Views
29
Current Estimated Value
$543,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,778
Avg. Annual Appreciation
0.52%
Original Mortgage
$412,000
Outstanding Balance
$407,356
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$136,422

Purchase Details

Closed on
Jan 20, 2009
Sold by
Krahnke Wilson N
Bought by
Krahnke Wilson N

Purchase Details

Closed on
Jan 7, 2009
Sold by
Krahnke Wilson N
Bought by
Krahnke Wilson N

Purchase Details

Closed on
Jun 23, 1998
Sold by
Krahnke Wilson N
Bought by
Krahnke Wilson N and Krahnke Betty Ann F

Purchase Details

Closed on
Aug 11, 1988
Sold by
Rickey John B
Bought by
Krahnke Wilson N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
10.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lorenzo Aaron Eugene $540,000 Titlemax
Lorenzo Aaron Eugene $540,000 Titlemax
Krahnke Wilson N -- --
Krahnke Wilson N -- --
Krahnke Wilson N -- --
Krahnke Wilson N $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorenzo Aaron Eugene $412,000
Closed Lorenzo Aaron Eugene $412,000
Previous Owner Krahnke Wilson N $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $540,000 +2.9% $489 / Sq Ft
07/23/2024 07/23/24 For Sale $525,000 -- $476 / 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 $2,654 $199,767 -- --
2024 $2,654 $191,033 $0 $0
2023 $1,991 $182,300 $120,000 $62,300
2022 $2,383 $181,133 $0 $0
2021 $2,371 $179,967 $0 $0
2020 $2,318 $178,800 $120,000 $58,800
2019 $2,266 $173,733 $0 $0
2018 $1,710 $168,667 $0 $0
2017 $2,110 $163,600 $0 $0
2016 -- $163,600 $0 $0
2015 -- $163,600 $0 $0
2014 -- $211,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2090132

Bright MLS

APN: 08-001-01333900