NOT LISTED FOR SALE

520 Martingale Ln Arnold, MD 21012

Estimated Value: $501,564 - $566,000

3 Beds
2.5 Baths
2,058 Sq Ft
$258/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $410,000 $199 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,608/month

41 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Water Access
  • Severn River Middle School Rated 9+
  • Home fronts navigable water
  • Gated Community

About This Home

As of August 2020

Welcome to 520 Martingale Lane. This move-in ready home is located in the gated, waterfront community of Moorings on the Magothy. Featuring incredible community events (Wine in the Woods on Wednesday), and an amazing PRIVATE community beach and pier to tie your boat up at for the day, this community and home are a hidden gem. This 3 bedroom, 2 bathroom home features updated finishes and hardwood floors throughout, a new roof (2020), new siding (2020), and new HVAC (2019)! Enjoy your morning beverage or a glass of wine in the evening on your private 2nd level deck, or sit in the shade when the sun gets too hot on the patio. Access to the upper deck can be made via the master bedroom, or stairs from the patio. The amply sized master suite features a dual sink vanity, jacuzzi bathtub, and stand up shower. Laundry is conveniently located on the 2nd level. The main level is ideal for entertaining with lots of natural light throughout. The kitchen features stainless steel appliances, black quartz countertops, and enough cabinets to keep the chef and baker in the home very happy. This home and community are waiting for you. What are you waiting for?

Last Agent to Sell the Property

Robert Sampson

(410) 571-4679 rob@gybesethomes.com Taylor Properties License #0668215 Listed on: 06/20/2020

Last Buyer's Agent

Ashira Barbosa

(410) 530-8390 ashira@mykeyhometeam.com Cummings & Co. Realtors License #639689

Cummings & Co. Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,958

Year Built

  • Built in 1994

Lot Details

  • Home fronts navigable water

HOA Fees

  • $482 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,058 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Water Access
  • River Nearby
  • Lake Privileges
  • Deck
  • Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 020356590079946

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, exterior building maintenance, management, pier/dock maintenance, reserve funds, road maintenance, security gate
  • Moorings On The Magothy Condos
  • Moorings On The Magothy Subdivision
  • Property Manager

Recreation

  • Boat Dock
  • Pier or Dock
  • Beach
  • Tennis Courts
  • Community Basketball Court

Additional Features

  • Common Area
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,958

Year Built

Built in 1994

Lot Details

0

HOA Fees

$482 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Laundry
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2058
  • Living Area Sq Ft: 2058
  • Price Per Sq Ft: 199.22
  • Above Grade Finished Sq Ft: 2058
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • 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, Concrete
  • Spa: No
  • 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: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 298.00
  • 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: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 482.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Moorings on the Magothy
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Boat Dock/Slip, Common Grounds, Gated Community, Pier/Dock, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Management, Pier/Dock Maintenance, Reserve Funds, Road Maintenance, Security Gate
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • 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: BELVEDERE
  • High School: BROADNECK
  • Middle Or Junior School: SEVERN RIVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 201800.00
  • Land Assessed Value: 180000.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 15238262
  • Tax Annual Amount: 3958.00
  • Assessor Parcel Number: 020356590079946
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2020
Closed on
Aug 28, 2020
Sold by
Hamilton Julie M
Bought by
Intlekofer Andrew and Intlekofer Darlene
Seller's Agent
Robert Sampson
Taylor Properties
Buyer's Agent
Ashira Barbosa
Cummings & Co. Realtors
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$530,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,641
Avg. Annual Appreciation
4.86%
Original Mortgage
$369,000
Outstanding Balance
$328,064
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$202,577

Purchase Details

Closed on
Jun 13, 2014
Sold by
Heinze Allan L and Heinze Bonita D
Bought by
Hamilton Julie Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,925
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2001
Sold by
Lee Stuart
Bought by
Heinze Allan L and Heinze Bonita D

Purchase Details

Closed on
Nov 3, 1994
Sold by
Sturbridge Dev Co
Bought by
Lee Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,800
Interest Rate
8.71%
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
Intlekofer Andrew $410,000 American Land Title Corp
Hamilton Julie Martin $391,500 Sage Title Group Llc
Heinze Allan L $233,000 --
Lee Stuart $187,311 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Intlekofer Andrew $369,000
Previous Owner Hamilton Julie Martin $371,925
Previous Owner Lee Stuart $185,800
Closed Heinze Allan L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $410,000 0.0% $199 / Sq Ft
06/20/2020 06/20/20 For Sale $410,000 -- $199 / 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 $4,440 $420,033 -- --
2024 $4,440 $402,200 $180,000 $222,200
2023 $4,352 $395,400 $0 $0
2022 $4,094 $388,600 $0 $0
2020 $3,858 $365,700 $0 $0
2019 $7,118 $349,600 $0 $0
2018 $3,382 $333,500 $135,000 $198,500
2017 $3,459 $333,500 $0 $0
2016 -- $333,500 $0 $0
2015 -- $334,300 $0 $0
2014 -- $332,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA437178

Bright MLS

APN: 03-565-90079946