NOT LISTED FOR SALE

555 Broadwater Rd Arnold, MD 21012

Estimated Value: $561,000 - $2,562,124

3 Beds
2 Baths
1,510 Sq Ft
$1,131/Sq Ft Est. Value

Sale Details

Date Sold: June 11, 2020

Last sale price $830,000 $550 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $10,704 / mo

400 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • Panoramic View
  • Severn River Middle School Rated 9+
  • Private Pool
  • 0.33 Acre Lot

About This Home

As of June 2020

555 Broadwater Road offers the perfect setting on the Magothy River for a rehab or new home project. Bring your vision! Situated on .33 acres with breathtaking views down the river and an in-ground pool at the water s edge, the location is truly unsurpassed. This property has riparian rights, which means one has the right to obtain a pier permit (currently there is no pier). Originally built in 1940, the existing home has 2100 sq ft in the main home and a separate detached garage. There is public water and public sewer already on location! Enjoy the waterfront lifestyle while being close to major commute routes, shopping, restaurants, and more. This property is located in the Broadneck school district.

Last Agent to Sell the Property

Charlie Buckley

(410) 260-2800 charlie@waterfronthomes.org Long & Foster Real Estate, Inc. Listed on: 03/14/2019

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,962

Year Built

  • Built in 1940

Lot Details

  • 14,500 Sq Ft Lot
  • Home fronts navigable water
  • Property is in below average condition
  • Property is zoned R5

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Property Views

  • River
  • Panoramic
  • Scenic Vista

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 1,510 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Screened Porch
  • Carpet
  • Attic
  • Basement

Bedrooms and Bathrooms

Outdoor Features

  • Private Pool
  • Water Access
  • River Nearby

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • Broadwater Beach Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 020314525050108

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,962

Year Built

Built in 1940

Lot Details

0.33 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1940
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Carpet
  • Fireplaces Count: 1
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Screened Porch
  • Basement: Yes
  • Total Sq Ft: 1510
  • Living Area Sq Ft: 1510
  • Price Per Sq Ft: 562.91
  • Above Grade Finished Sq Ft: 1510
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • View: Water, River, Scenic Vista, Panoramic
  • Water Access: Yes
  • Water Body Name: Magothy River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street, Detached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • 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: 88200.00
  • Land Assessed Value: 1025900.00
  • Lot Size Acres: 0.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14500.00
  • Property Condition: Below Average, Major Rehab Needed
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15208831
  • Tax Annual Amount: 11962.00
  • Assessor Parcel Number: 020314525050108
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • 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
Mar 14, 2019
Closed on
Jun 11, 2020
Sold by
Rickert John and Estate Of Mary K Rickert
Bought by
Burt David H and Burt Tamela D
Seller's Agent
Charlie Buckley
Long & Foster Real Estate, Inc.
List Price
$1,050,000
Sold Price
$830,000
Premium/Discount to List
-$220,000
-20.95%
Current Estimated Value
$1,708,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$878,041
Avg. Annual Appreciation
13.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burt David H $830,000 Progressive Title Corp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2020 06/11/20 Sold $830,000 -2.4% $550 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
01/26/2020 01/26/20 Price Changed $850,000 -10.5% $563 / Sq Ft
11/23/2019 11/23/19 Price Changed $950,000 -4.5% $629 / Sq Ft
08/09/2019 08/09/19 Price Changed $995,000 -5.2% $659 / Sq Ft
03/14/2019 03/14/19 For Sale $1,050,000 -- $695 / 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 $19,669 $1,902,300 -- --
2024 $19,669 $1,758,900 $1,045,900 $713,000
2023 $19,203 $1,715,133 $0 $0
2022 $10,093 $924,667 $0 $0
2020 $12,041 $1,114,100 $1,025,900 $88,200
2019 $11,489 $1,114,100 $1,025,900 $88,200
2018 $11,565 $1,140,500 $1,025,900 $114,600
2017 $5,131 $988,633 $0 $0
2016 -- $836,767 $0 $0
2015 -- $684,900 $0 $0
2014 -- $684,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA376530

Bright MLS

APN: 03-145-25050108

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