NOT LISTED FOR SALE

524 Martingale Ln Arnold, MD 21012

Estimated Value: $538,000 - $614,000

3 Beds
2.5 Baths
2,022 Sq Ft
$278/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $515,000 $255 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,778/month

11 Days on Market

Highlights

  • Water Views
  • Beach
  • Home fronts navigable water
  • Severn River Middle School Rated 9+
  • Pier or Dock
  • Private Beach

About This Home

As of December 2021

This stunning 3 bed/ 2.5 bath end-of-row luxury townhome is packed with beautifully appointed upgrades throughout. Fall in love before you even enter the home. The gated community, private driveway, attached garage and walkway to the covered portico entrance welcome you home.

As you open the front door you are greeted with gleaming hardwood floors and sun-kissed open space.

You are sure to notice the lavishly newly designed kitchen showcasing new stainless-steel appliances, modern white Maple cabinets with under cabinet lighting and gorgeous granite countertops. Make cooking and hosting a dream with the large breakfast bar, food pantry with pull-out shelves and a dining area featuring a unique door with side panels that open to let in a gentle breeze. Just outside the door is a stunning patio with new pavers.

Enjoy the spacious living room with a toasty wood burning fireplace for those chilly nights and a powder room on the main level.

After a long day, unwind in the luxurious primary suite featuring a grand vaulted ceiling, an expansive closet with built-in shelving and access to the maintenance-free deck. Enjoy the spa life at home in the primary en-suite bath with double glass vessel sinks, Quartz counters, a storage tower and a top-of-the-line shower complete with a bench. With your morning coffee or evening wine, unwind on the private deck and take in the peacefulness this gated community provides.

Two additional generously sized bedrooms, another full bathroom, a laundry room with new washer and dryer complete the upper level. Need more room? The garage with epoxied flooring can be used for extra storage. So many upgrades and new features. Not to mention the brand-new HVAC, roof, and windows. All located in a sought-after upscale community with access to the private beach, fishing pier where you can also dock a boat, trails and other amenities. There is so much to love! You must come and see it for yourself before it is gone!

Last Agent to Sell the Property

Laura Kittleman

(443) 574-1600 mdaniels@kw.com The KW Collective Listed on: 10/29/2021

The KW Collective

Co-Listed By

Lisa Kittleman

(443) 574-1600 mdaniels@kw.com The KW Collective License #643140

Last Buyer's Agent

Daniel Chanteloup

(410) 544-4000 daniel.chanteloup@longandfoster.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,023

Year Built

  • Built in 1995

Lot Details

  • 978 Sq Ft Lot
  • Home fronts navigable water
  • Private Beach
  • Cul-De-Sac
  • Landscaped
  • Property is in excellent condition

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Driveway

Property Views

  • Water
  • Limited

Home Design

  • Traditional Architecture
  • Permanent Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,022 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Casement Windows
  • French Doors
  • Family Room
  • Living Room
  • Formal Dining Room
  • Efficiency Studio
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Lighting

Outdoor Features

  • Canoe or Kayak Water Access
  • River Nearby
  • Stream or River on Lot
  • Balcony
  • Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020356590079948

Community Details

Overview

  • Association fees include snow removal, security gate, trash, pier/dock maintenance, management
  • Victory Management Condos, Phone Number (443) 249-0172
  • Moorings On The Magothy Subdivision

Amenities

  • Common Area

Recreation

  • Pier or Dock
  • Beach
  • Tennis Courts
  • Fishing Allowed

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,023

Year Built

Built in 1995

Lot Details

978 Sq Ft Lot

HOA Fees

$500 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-11-01
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dryer, Washer, Stainless Steel Appliances, Dishwasher, Built-In Microwave, Oven - Double
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Dining Area, Formal/Separate Dining Room, Kitchen - Eat-In, Pantry, Primary Bath(s), Upgraded Countertops, Walk-In Closet(s), Wood Floors, Recessed Lighting, Efficiency
  • Window Features: Casement
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Storm
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Permanent
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2022
  • Living Area Sq Ft: 2022
  • Price Per Sq Ft: 242.33
  • Above Grade Finished Sq Ft: 2022
  • 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
  • Exterior Features: Street Lights, Tennis Court(s), Sidewalks, Private Beach
  • Roof: Architectural Shingle
  • View: Water, Limited
  • Water Access Features: Canoe/Kayak, Fishing 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
  • Garage Features: Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

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
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 500.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Victory Management
  • Condo Co-Op Phone: 443-249-0172
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Pier/Dock, Tennis Courts, Gated Community
  • HOA Condo Co-Op Fee Includes: Snow Removal, Security Gate, Trash, Pier/Dock Maintenance, Management
  • 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

  • Efficiency: Lighting, Appliances
  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 180000.00
  • Lot Features: Landscaping, Cul-De-Sac, Corner
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 978.00
  • Outdoor Living Structures: Balcony, Patio(s)
  • Property Condition: Excellent
  • Zoning: SEE PUBLIC RECORD
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15238263
  • Tax Annual Amount: 2023.00
  • Assessor Parcel Number: 020356590079948
  • County Tax Payment Frequency: Annually
  • 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
Oct 29, 2021
Closed on
Dec 17, 2021
Sold by
Richard Schlosser
Bought by
Gallina Damian J and Gallina Shannon
Seller's Agent
Laura Kittleman
The KW Collective
Buyer's Agent
Daniel Chanteloup
Long & Foster Real Estate, Inc.
List Price
$490,000
Sold Price
$515,000
Premium/Discount to List
$25,000
5.1%
Current Estimated Value
$562,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,242
Avg. Annual Appreciation
2.13%
Original Mortgage
$412,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2016
Closed on
May 12, 2016
Sold by
Labonte Racheal L
Bought by
Schlosser Richard and Schlosser Sheila
Seller's Agent
Erin Dillon
Long & Foster Real Estate, Inc.
Buyer's Agent
Lisa Kittleman
The KW Collective
List Price
$419,900
Sold Price
$400,000
Premium/Discount to List
-$19,900
-4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$328,300
Interest Rate
3.56%

Purchase Details

Closed on
Jun 29, 2007
Sold by
Labonte David J
Bought by
Labonte Darren J and Labonte Racheal L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,400
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2007
Sold by
Labonte David J
Bought by
Labonte Darren J and Labonte Racheal L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,400
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1995
Sold by
Sturbridge Dev Co
Bought by
Labonte David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
7.56%
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
Gallina Damian J $515,000 First American Title
Schlosser Richard $400,000 First American Title Ins Co
Labonte Darren J $368,000 --
Labonte Darren J $368,000 --
Labonte David J $184,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gallina Damian J $412,000
Previous Owner Labonte David J $328,300
Previous Owner Schlosser Richard $207,000
Previous Owner Labonte Darren J $294,400
Previous Owner Labonte Darren J $294,400
Previous Owner Labonte David J $190,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2021 12/17/21 Sold $515,000 +5.1% $255 / Sq Ft
10/29/2021 10/29/21 For Sale $490,000 +22.5% $242 / Sq Ft
05/12/2016 05/12/16 Sold $400,000 -4.7% $198 / Sq Ft View Prior Sale
03/21/2016 03/21/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $419,900 -- $208 / 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 $4,685 $445,000 -- --
2024 $4,685 $424,600 $180,000 $244,600
2023 $2,000 $180,000 $180,000 $0
2022 $1,914 $180,000 $180,000 $0
2020 $1,759 $165,000 $0 $0
2019 $4,976 $150,000 $0 $0
2018 $3,329 $328,300 $135,000 $193,300
2017 $3,406 $328,300 $0 $0
2016 -- $328,300 $0 $0
2015 -- $332,500 $0 $0
2014 -- $330,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2002644

Bright MLS

APN: 03-565-90079948

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