NOT LISTED FOR SALE

518 Augusta Dr Arnold, MD 21012

Estimated Value: $522,000 - $595,000

3 Beds
2 Baths
1,542 Sq Ft
$357/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $450,000 $292 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,306/month

56 Days on Market

Highlights

  • 1 Fireplace
  • Community Pool
  • Jogging Path
  • Magothy River Middle School Rated A-
  • Tennis Courts
  • 2 Car Attached Garage

About This Home

As of February 2024

Nestled on a premium spacious lot on a private cul de sac, this Bay Hills/Broadneck peninsula home has been lovingly maintained and is ready for your designer touch! The HVAC, hot water heater, windows and roof have all been replaced in the last 7-10 years (the window over the kitchen sink and basement slider were replaced this year). The multi level deck with gazebo overlooks the terraced backyard and wooded privacy beyond. Bay Hills offers abundant amenities including tennis courts, a pavillion, playground, volleyball court, basketball courts and membership options to the privately owned Bay Hills Golf Club and Bay Hills Swim Club located within the community. The Bay Hills Shopping Center is less than a mile away and offers The Green Valley grocery store, Rise Up Coffee, Rite Aid, cleaners, several restaurants and an M&T Bank. You'll love all that Bay Hills has to offer while being just a 5 minute drive to everything Annapolis has to offer, 20 minutes to Baltimore and 50 minutes from the DC/metro area.

Last Agent to Sell the Property

Rachel Best

(443) 454-5959 tbi.homes@gmail.com RE/MAX Leading Edge License #637776 Listed on: 11/18/2023

RE/MAX Leading Edge

Last Buyer's Agent

Jorge Campodonico

(703) 946-7088 acampodonico@1teamsolution.com Campodonico Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,733

Year Built

  • Built in 1976

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R5

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Split Foyer
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Carpet

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Improved Basement

  • Heated Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Garage Access

Schools

  • Broadneck Elementary School
  • Magothy River Middle School
  • Broadneck High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 020307802707608

Community Details

Overview

  • Association fees include common area maintenance, management
  • Bay Hills Community Association Inc. HOA
  • Bay Hills Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Community Pool
  • Pool Membership Available
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,733

Year Built

Built in 1976

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1976
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Exhaust Fan, Disposal, Refrigerator, Stove
  • Interior Amenities: Carpet, Ceiling Fan(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Garage Access, Improved, Heated, Interior Access
  • Total Sq Ft: 1542
  • Living Area Sq Ft: 1542
  • Price Per Sq Ft: 439.81
  • Above Grade Finished Sq Ft: 1080
  • Below Grade Finished Sq Ft: 462
  • Total Below Grade Sq Ft: 462
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 518

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: Vinyl Siding
  • 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, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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 Condo Co-Op Amenities: Basketball Courts, Common Grounds, Golf Course Membership Available, Jog/Walk Path, Picnic Area, Pool Mem Avail, Tennis Courts, Tot Lots/Playground, Volleyball Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management
  • HOA Name: BAY HILLS COMMUNITY ASSOCIATION INC.
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: BROADNECK
  • Middle School: MAGOTHY RIVER
  • High School: BROADNECK
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140671932
  • School District Source: 3rd Party
  • Elementary School: BROADNECK
  • High School: BROADNECK
  • Middle Or Junior School: MAGOTHY RIVER

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12300.00
  • Year Assessed: 2023
  • Zoning: R5
  • Zoning Description: RESIDENTIAL
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 4733.00
  • Assessor Parcel Number: 020307802707608
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 1542
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 02/16/2024

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2023
Closed on
Jan 13, 2024
Sold by
Nichols Angelina E
Bought by
Choctaw American Insurance Inc
Seller's Agent
Rachel Best
RE/MAX Leading Edge
Buyer's Agent
Jorge Campodonico
Campodonico Realty
List Price
$500,000
Sold Price
$450,000
Premium/Discount to List
-$50,000
-10%
Views
344
Current Estimated Value
$549,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,965
Avg. Annual Appreciation
12.52%
Original Mortgage
$441,849
Interest Rate
6.63%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2021
Sold by
Nichols Angelina E and Nichols Harold L
Bought by
Nichols Angelina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2000
Sold by
Direnzo Joseph
Bought by
Nichols Harold L and Nichols Angelina E

Purchase Details

Closed on
Jun 6, 1988
Sold by
Martin Richard A
Bought by
Direnzo 3Rd Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
10.58%
Source: Public Records

Range of Values:

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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
Choctaw American Insurance Inc $450,000 Pro Title Group
Choctaw American Insurance Inc $450,000 Pro Title Group
Nichols Angelina E -- Accommodation
Nichols Harold L $172,900 --
Direnzo 3Rd Joseph $127,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Choctaw American Insurance Inc $441,849
Previous Owner Nichols Angelina E $95,500
Previous Owner Direnzo 3Rd Joseph $115,000
Closed Nichols Harold L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $450,000 -5.3% $292 / Sq Ft
01/13/2024 01/13/24 Pending -- -- --
11/27/2023 11/27/23 Price Changed $475,000 -5.0% $308 / Sq Ft
11/18/2023 11/18/23 For Sale $500,000 -- $324 / 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 $4,888 $428,567 -- --
2024 $4,888 $400,500 $264,900 $135,600
2023 $3,625 $398,600 $0 $0
2022 $3,399 $396,700 $0 $0
2021 $6,695 $394,800 $264,900 $129,900
2020 $3,245 $383,067 $0 $0
2019 $6,239 $371,333 $0 $0
2018 $3,646 $359,600 $224,900 $134,700
2017 $2,964 $350,767 $0 $0
2016 -- $341,933 $0 $0
2015 -- $333,100 $0 $0
2014 -- $333,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2073320

Bright MLS

APN: 03-078-02707608