NOT LISTED FOR SALE

556 Moorings Cir Arnold, MD 21012

Estimated Value: $852,380 - $943,000

4 Beds
5 Baths
2,825 Sq Ft
$317/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $751,000 $266 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,901/month

About This Home

As of July 2021

556 Moorings Circle is a fantastic water view townhome situated on the Magothy River with in-law suite. This three-level home has four bedrooms, each with private bathroom, and offers an outdoor patio and deck for taking in the views! This gated community offers a huge beach and a fishing pier. Why drive for a relaxing day at the beach when it’s in your own backyard! The community is VA approved and has gorgeous park-like settings, including areas along the water’s edge, and two tennis courts. Located in Arnold, a blue-ribbon school district, this home is just minutes to local shops, dining, restaurants, and major commute routes. The entry level of the home includes a bedroom suite that would make a great in-law or guest suite with access to a private patio. This level includes a utility room, laundry room, and a mud room with access to the one car garage. The main level of the home is spacious, bright, and has a great open floor plan. The updated kitchen has beautiful grey cabinetry, granite countertops, updated appliances, and an island with breakfast bar. The family room and dining space overlook the water and have access to the waterside deck. This level has a bedroom with private bathroom as well as a powder room. Upstairs, the primary bedroom is sure to please with super views, plenty of storage, and a luxurious spa-like bathroom that has been completely renovated. Wake up to beautiful sunrises all year round! With additional space for a home office, gym, or sitting room – the primary bedroom is situated to fit most needs. This level also has a fourth bedroom with a full bathroom. Enjoy the lock-it and leave-it lifestyle that this amazing home has to offer as a second home or live here year-round.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 26, 2021
Sold by
Andary George Anthony
Bought by
Thompson Michael Christopher
Seller's Agent
Charlie Buckley
Long & Foster Real Estate, Inc.
Buyer's Agent
Ryan Bandell
Keller Williams Realty Centre
List Price
$749,000
Sold Price
$751,000
Premium/Discount to List
$2,000
0.27%
Current Estimated Value
$896,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,845
Avg. Annual Appreciation
4.31%
Original Mortgage
$750,000
Outstanding Balance
$680,955
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$215,890

Purchase Details

Listed on
May 1, 2014
Closed on
Nov 21, 2014
Sold by
Brownrigg Andrew
Bought by
Andary George Anthony
Seller's Agent
Miriam Stem
Coldwell Banker Realty
Buyer's Agent
Kenneth Hobbs
ExecuHome Realty
List Price
$599,000
Sold Price
$546,693
Premium/Discount to List
-$52,307
-8.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$552,674
Interest Rate
2.75%
Mortgage Type
VA

Purchase Details

Closed on
Jun 8, 1995
Sold by
Formica Francis
Bought by
Brownrigg Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
8.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 1987
Sold by
Mago Vista Associates
Bought by
Formica Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,900
Interest Rate
10.6%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Thompson Michael Christopher $751,000 Lakeside Title Company
Andary George Anthony $546,693 Terrain Title & Escrow Compa
Brownrigg Sharon K $283,975 --
Formica Francis $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Michael Christopher $750,000
Previous Owner Andary George Anthony $552,674
Previous Owner Brownrigg Sharon K $227,150
Previous Owner Formica Francis $207,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2021 07/26/21 Sold $751,000 +0.3% $266 / Sq Ft View Prior Sale
05/31/2021 05/31/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $749,000 +37.0% $265 / Sq Ft
11/21/2014 11/21/14 Sold $546,693 -8.7% $194 / Sq Ft View Prior Sale
07/22/2014 07/22/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $599,000 0.0% $212 / Sq Ft
12/29/2013 12/29/13 Rented $2,500 0.0% --
12/27/2013 12/27/13 Under Contract -- -- --
11/22/2013 11/22/13 For Rent $2,500 -- --

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 $7,528 $698,700 -- --
2024 $7,528 $685,600 $495,000 $190,600
2023 $7,506 $685,600 $495,000 $190,600
2022 $7,183 $685,600 $495,000 $190,600
2021 $13,422 $687,500 $495,000 $192,500
2020 $19 $651,833 $0 $0
2019 $37 $616,167 $0 $0
2018 $5,886 $580,500 $400,000 $180,500
2017 $5,968 $579,133 $0 $0
2016 -- $577,767 $0 $0
2015 -- $576,400 $0 $0
2014 -- $579,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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