NOT LISTED FOR SALE

531 Broadwater Rd Arnold, MD 21012

Estimated Value: $1,131,000 - $1,966,000

5 Beds
4 Baths
3,060 Sq Ft
$536/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $937,500 $306 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $9,862/month

Highlights

  • 100 Feet of Waterfront
  • 3 Dock Slips
  • Access to Tidal Water
  • Severn River Middle School Rated 9+
  • Guest House
  • Second Kitchen

About This Home

As of August 2024

Spectacular, unobstructed views across the Magothy River to Dobbins Island & Gibson Island, this Dream House is perfect for people who love Bay Life!

Relax next to the beautiful WATERSIDE POOL with plenty of sun or under the cool shade of tall trees on this gently elevated and beautifully landscaped .63-acre lot. Entertain on the waterside screened Porch and spacious deck overlooking the Chesapeake Bay, flower beds and lovely yard. Catch plenty of fish and Blue Crabs from the 100-ft shoreline with beautiful stone riprap and the 300' private pier with 8' MLW.

The listing includes both the MAIN HOUSE (3 Bedrooms; 3 Full Baths; large, previously remodeled Kitchen; Dining Room and Family Room, and new LVP flooring for some rooms), plus a SEPARATE COTTAGE (2 Bedrooms, 1 Full Bath, Living Room with new LVP flooring, Kitchenette, new Carrier HVAC and new water heater) to be used by Tenants for entertaining relatives and guests.

Included in the monthly rent are Landlord-paid lawn fertilization and lawn weed control. Blue Ribbon Broadneck Schools are not far from the property. Landlord prefers 2-year lease, but will consider a longer lease. Please see the documents for application information and Notes from the Landlord regarding some restrictions.

Last Agent to Rent the Property

Jean Andrews

(410) 544-4000 jeanandchristine@longandfoster.com Long & Foster Real Estate, Inc. License #99697 Listed on: 07/23/2024

Long & Foster Real Estate, Inc.

Co-Listed By

Christine Joyce

(410) 544-4000 christinejoyce@lnf.com Long & Foster Real Estate, Inc. License #602439

Last Renter's Agent

Christina Palmer

(410) 729-7700 c.palmer@kw.com Keller Williams Flagship

Keller Williams Flagship

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 0.63 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Landscaped
  • No Through Street
  • Back and Front Yard
  • Property is in very good condition
  • Property is zoned R5

Property Views

  • River
  • Garden

Home Design

  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • Property has 1.5 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Basement

Kitchen

  • Second Kitchen
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • 8 Driveway Spaces
  • Paved Parking
  • Off-Street Parking

Pool

  • Private Pool
  • Poolside Lot

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Sail
  • Rip-Rap
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Powered Boats Permitted
  • Deck
  • Patio
  • Shed

Schools

  • Belvedere Elementary School
  • Broadneck High School

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Guest House
  • Flood Risk

Listing and Financial Details

  • Residential Lease
  • Security Deposit $7,500
  • $5,500 Move-In Fee
  • Tenant pays for cable TV, electricity, gas, heat, hot water, lawn/tree/shrub care, light bulbs/filters/fuses/alarm care, minor interior maintenance, all utilities, water
  • Rent includes parking, trash removal
  • No Smoking Allowed
  • 24-Month Min and 36-Month Max Lease Term
  • Available 7/27/24
  • $50 Application Fee
  • $100 Repair Deductible
  • Assessor Parcel Number 020314508839715

Community Details

Overview

  • No Home Owners Association
  • Broadwater Beach Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Rental Info

  • Date Available: 2024-07-27
  • Application Fee: 50.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Parking, Trash Removal
  • Security Deposit: 7500.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Electricity, Gas, Heat, Hot Water, Lawn/Tree/Shrub Care, Light Bulbs/Filters/Fuses/Alarm Care, Minor Interior Maintenance, Utilities - All, Water
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 24
  • Move In Fee: 5500.00
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-07-24
  • Federal Flood Zone: Yes
  • Year Built: 1945
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Repair Deductible: 100.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: 2nd Kitchen, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Island
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1.5
  • Basement: Yes
  • Laundry Type: Main Floor
  • Total Sq Ft: 3960
  • Living Area Sq Ft: 3060
  • Price Per Sq Ft: 1.80
  • Above Grade Finished Sq Ft: 3060
  • Below Grade Sq Ft: 900
  • Total Below Grade Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Guest House, Shed
  • Spa: No
  • View: River, Garden/Lawn
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Sail
  • 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: 100

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway, Paved Parking
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 8

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BELVEDERE
  • High School: BROADNECK

Lot Info

  • Lot Features: Landscaping, No Thru Street, Poolside, Front Yard, Rear Yard, Rip-Rapped, Stream/Creek
  • Lot Size Acres: 0.63
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27442.80
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Zoning: R5

Tax Info

  • Assessor Parcel Number: 020314508839715

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
Jan 27, 2012
Closed on
Mar 30, 2012
Sold by
Skirven James A and Skirven Sandra
Bought by
Choi Soon H and Choi Hee S
Seller's Agent
Charlie Buckley
Long & Foster Real Estate, Inc.
Buyer's Agent
Brad Kappel
TTR Sotheby's International Realty
List Price
$999,000
Sold Price
$937,500
Premium/Discount to List
-$61,500
-6.16%
Current Estimated Value
$1,639,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$701,676
Avg. Annual Appreciation
4.12%
Original Mortgage
$417,000
Outstanding Balance
$288,026
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$1,351,150

Purchase Details

Closed on
Nov 9, 2011
Sold by
Anderson Isabelle and Powell Diana
Bought by
Anderson Isabelle and Powell Diana

Purchase Details

Closed on
Sep 23, 2011
Sold by
Skirven and Skirven Charles A
Bought by
Skirven James A and Skirven Sandra

Purchase Details

Closed on
Aug 19, 2011
Sold by
Skirven and Skirven Charles A
Bought by
Skirven James A and Skirven Sandra

Purchase Details

Closed on
Mar 16, 1998
Sold by
Skirven Charles A
Bought by
Skirven Charles A and Skirven James A
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
Choi Soon H $937,500 Chicago Title Insurance Co
Anderson Isabelle -- None Available
Anderson Isabelle -- None Available
Skirven James A -- --
Skirven James A -- --
Skirven James A -- --
Skirven James A -- --
Skirven Charles A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Soon H $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2024 08/09/24 Rented $5,500 0.0% --
08/09/2024 08/09/24 Under Contract -- -- --
08/08/2024 08/08/24 For Rent $5,500 0.0% --
08/08/2024 08/08/24 Under Contract -- -- --
07/25/2024 07/25/24 For Rent $5,500 0.0% --
07/24/2024 07/24/24 Off Market $5,500 -- --
07/23/2020 07/23/20 Rented $3,900 0.0% --
07/20/2020 07/20/20 Under Contract -- -- --
07/10/2020 07/10/20 For Rent $3,900 -1.3% --
07/25/2019 07/25/19 Rented $3,950 0.0% --
07/14/2019 07/14/19 Under Contract -- -- --
07/03/2019 07/03/19 Off Market $3,950 -- --
06/06/2019 06/06/19 For Rent $3,950 +16.2% --
08/04/2016 08/04/16 Rented $3,400 -2.9% --
08/04/2016 08/04/16 Under Contract -- -- --
06/23/2016 06/23/16 For Rent $3,500 0.0% --
03/30/2012 03/30/12 Sold $937,500 -6.2% $446 / Sq Ft View Prior Sale
02/02/2012 02/02/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $999,000 -- $476 / 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 $16,196 $1,443,100 -- --
2024 $16,196 $1,396,300 $1,183,400 $212,900
2023 $15,887 $1,376,700 $0 $0
2022 $14,953 $1,357,100 $0 $0
2020 $14,676 $1,337,500 $1,163,400 $174,100
2019 $14,689 $1,337,500 $1,163,400 $174,100
2018 $14,049 $1,385,500 $1,163,400 $222,100
2017 $13,042 $1,213,067 $0 $0
2016 -- $1,040,633 $0 $0
2015 -- $868,200 $0 $0
2014 -- $868,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2090436

Bright MLS

APN: 03-145-08839715