NOT LISTED FOR SALE

553 Broadwater Rd Arnold, MD 21012

Estimated Value: $2,356,000 - $3,014,000

6 Beds
4.5 Baths
5,330 Sq Ft
$526/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $2,850,000 $535 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $16,398/month

158 Days on Market

Highlights

  • 75 Feet of Waterfront
  • 1 Dock Slip
  • New Construction
  • Severn River Middle School Rated 9+
  • Pier
  • Heated In Ground Pool

About This Home

As of August 2024

Discover the pinnacle of contemporary waterfront living in this exclusive New Construction luxury home, the latest creation by Cypress Homes. Indulge in the allure of a heated saltwater pool overlooking the picturesque Magothy River. Built with meticulous attention to detail, this custom home offers an array of exquisite features, creating a home that combines refined elegance and modern comfort. Additionally you can find peace of mind knowing this property provides the hard to find trifecta of public water, public sewer & natural gas! As you enter into the foyer the framed view of the Magothy River pulls you in and the open floor plan provides an inviting space for gatherings large or small. Enjoy relaxing in the Living room with fireplace and wet bar or simultaneously savor fabulous meals and views from the dining area. The gourmet Kitchen, adorned with state-of-the-art appliances and sleek countertops, balances style and functionality effortlessly. The main level office, bedroom and full bathroom is a secluded retreat, perfect for guests, in-laws, or a nanny. Elevate your experience by taking the elevator or the stunning open-tread staircase to the second floor, where four bedrooms and three bathrooms await. The Primary bedroom suite offers a private sanctuary with panoramic river views, a spa-like bathroom, ample closet space and spacious deck overlooking the pool and river. An additional bedroom with ensuite bath and 2 bedrooms with shared bathroom are perfect for a large family or frequent visitors. Ascend to the third level's bonus room for leisure, whether it's a movie night or relaxation on the covered porch, soaking in the breathtaking views down the Magothy River. Venture outside to delight in lounging around the heated saltwater pool or head down to the water's edge with 75 feet of waterfrontage, complete with a private pier and coveted boat house; perfect for crabbing or fishing. Embark on boat adventures on the Magothy and out to the Chesapeake Bay and beyond. Located in the Blue-Ribbon Broadneck School district and just 5 miles to downtown Annapolis and Severna Park. Convenient to Baltimore, BWI, Ft. Meade/NSA and Washington, DC. You literally have the best this region has to offer in a 30-mile radius. Welcome Home!

Last Agent to Sell the Property

Brad Kappel

(410) 280-5600 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty Listed on: 02/07/2024

TTR Sotheby's International Realty

Last Buyer's Agent

Kevin Stodd

(888) 860-7369 md.broker@exprealty.net EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,296

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.33 Acre Lot
  • 75 Feet of Waterfront
  • Home fronts navigable water
  • Landscaped
  • Extensive Hardscape
  • No Through Street
  • Premium Lot
  • Level Lot
  • Sprinkler System
  • Back and Front Yard
  • Property is in excellent condition
  • Property is zoned R5

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Front Facing Garage

Property Views

  • River
  • Panoramic
  • Scenic Vista
  • Garden

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • HardiePlank Type

Interior Spaces

  • 5,330 Sq Ft Home
  • Property has 3 Levels
  • 1 Elevator
  • Open Floorplan
  • Wet Bar
  • Sound System
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Rough-In Basement Bathroom

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Poolside Lot

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Rip-Rap
  • Swimming Allowed
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Stream or River on Lot
  • Powered Boats Permitted
  • Multiple Balconies
  • Deck
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Back Up Gas Heat Pump System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 020314512342400

Community Details

Overview

  • No Home Owners Association
  • Built by CYPRESS HOMES
  • Magothy River Waterfront

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,296

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Coastal
  • Ownership: Fee Simple
  • Inclusions: see documents for inclusions/exclusions
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Oven - Wall, Six Burner Stove, Stainless Steel Appliances, Disposal, Exhaust Fan, Range Hood, Washer/Dryer Hookups Only, Dishwasher, Oven/Range - Gas, Refrigerator, Water Heater
  • Flooring Type: Tile/Brick, Hardwood
  • Interior Amenities: Breakfast Area, Butlers Pantry, Carpet, Ceiling Fan(s), Combination Dining/Living, Elevator, Entry Level Bedroom, Kitchen - Gourmet, Kitchen - Island, Soaking Tub, Sound System, Sprinkler System, Walk-In Closet(s), Floor Plan - Open, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Wet/Dry Bar, Wood Floors
  • Fireplace: No
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rough Bath Plumb, Full, Interior Access, Unfinished, Walkout Stairs
  • Laundry Type: Upper Floor
  • Total Sq Ft: 5330
  • Living Area Sq Ft: 5330
  • Price Per Sq Ft: 561.91
  • Above Grade Finished Sq Ft: 5330
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Hardiplank Type, Stone
  • Construction Completed: Yes
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Underground Lawn Sprinkler
  • Pool Features: Heated, In Ground, Saltwater
  • Roof: Architectural Shingle
  • View: Panoramic, River, Garden/Lawn, Scenic Vista, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • 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: 75

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Programmable Thermostat, Zoned
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Heat Pump - Gas Backup, Forced Air, Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Internet Services: Fiber Optic

Condo/Co-op/Association

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

Schools

  • Elementary 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

Lot Info

  • Lot Features: Poolside, Rear Yard, Rip-Rapped, Landscaping, Front Yard, Level, No Thru Street, Premium
  • Lot Size Acres: 0.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14562.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s), Porch(es)
  • Property Condition: Excellent
  • Zoning: R5
  • In City Limits: No

Building Info

  • Builder Name: CYPRESS HOMES

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 21296.00
  • Assessor Parcel Number: 020314512342400
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Aug 15, 2024
Sold by
Benz Frank
Bought by
Flavin Mark John and Flavin Tiffany
Seller's Agent
Brad Kappel
TTR Sotheby's International Realty
Buyer's Agent
Kevin Stodd
EXP Realty, LLC
List Price
$3,400,000
Sold Price
$2,850,000
Premium/Discount to List
-$550,000
-16.18%
Views
878
Current Estimated Value
$2,805,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,063
Avg. Annual Appreciation
-1.02%
Original Mortgage
$2,000,000
Outstanding Balance
$1,977,713
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$828,224

Purchase Details

Listed on
Jun 21, 2022
Closed on
Jul 15, 2022
Sold by
Matthew Hilburn
Bought by
Benz Frank
Seller's Agent
Pamela Tierney
Coldwell Banker Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,195,000
Sold Price
$1,050,000
Premium/Discount to List
-$145,000
-12.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.37%

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 22, 2021
Sold by
The Claudia Marie Smith Revocable Trust
Bought by
Hilburn Matthew and Hilburn Carrie
Seller's Agent
Chris Haddaway
Chesapeake Real Estate Associates, LLC
Buyer's Agent
Abigail Geismar
Long & Foster Real Estate, Inc.
List Price
$1,240,000
Sold Price
$920,000
Premium/Discount to List
-$320,000
-25.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
Original Mortgage
$736,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2017
Sold by
Smith Claudia Marie
Bought by
Smith Claudia Marie and Smith Joseph Gerard

Purchase Details

Closed on
Mar 30, 2004
Sold by
Smith Joseph G
Bought by
Smith Claudia M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Flavin Mark John $2,850,000 Sage Title
Flavin Mark John $2,850,000 Sage Title
Benz Frank $1,050,000 None Listed On Document
Hilburn Matthew $920,000 Sage Title Group Llc
Smith Claudia Marie -- None Available
Smith Claudia M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flavin Mark John $2,000,000
Closed Flavin Mark John $2,000,000
Previous Owner Hilburn Matthew $736,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2024 08/15/24 Sold $2,850,000 -4.8% $535 / Sq Ft
07/14/2024 07/14/24 Pending -- -- --
06/19/2024 06/19/24 Price Changed $2,995,000 -3.4% $562 / Sq Ft
04/17/2024 04/17/24 Price Changed $3,100,000 -8.8% $582 / Sq Ft
02/07/2024 02/07/24 For Sale $3,400,000 +223.8% $638 / Sq Ft
07/25/2022 07/25/22 Sold $1,050,000 -12.1% $515 / Sq Ft View Prior Sale
07/08/2022 07/08/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $1,195,000 +29.9% $586 / Sq Ft
06/25/2021 06/25/21 Sold $920,000 -25.8% $563 / Sq Ft View Prior Sale
04/24/2021 04/24/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $1,240,000 -- $758 / 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 $21,920 $2,150,300 -- --
2024 $21,920 $1,955,900 $1,046,600 $909,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDAA2077072

Bright MLS

APN: 03-145-12342400

Your Personal Tour Guide

Ask me questions while you tour the home.