NOT LISTED FOR SALE

557 Broadwater Rd Arnold, MD 21012

Estimated Value: $2,455,000 - $3,082,906

5 Beds
5.5 Baths
5,356 Sq Ft
$509/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $2,650,000 $495 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $16,031/month

Highlights

  • Primary bedroom faces the bay
  • 2 Dock Slips
  • Canoe or Kayak Water Access
  • Severn River Middle School Rated 9+
  • Home fronts navigable water
  • New Construction

About This Home

As of October 2020

*NEW RIVERFRONT PRIVATE ESTATE* Welcome to this brilliantly designed new construction home, an original masterpiece built along the shores of the Magothy River in Arnold, Maryland. 557 Broadwater Road was thoughtfully detailed and built for the new owners to experience a true luxury living lifestyle, surrounded with sensational riverfront views. With direct Magothy River frontage, boating enthusiasts will enjoy a private 350 ft. dock with water, electric, and 7 feet of water depth. An abundance of features and amenities include public water/sewer, and natural gas. The master chef kitchen has top of the line appliances, gorgeous quartz counters, 42 inch maple cabinetry, and an oversized island. Coffered ceilings, soaring glass windows, and 8 ft. tall doors compliment this striking floorplan. Large open family room with wood burning fireplace is perfect for all seasons. Step outside onto a stunning stone patio and enjoy your very own waterside saltwater pool with built in seating and a beautiful waterfall! Impressive private master suite has picturesque water views, walls of windows, lounging area with gas fireplace, enormous walk-in closets, and your very own yoga/workout room! Enjoy evening sunsets and morning coffee on the multiple decking overlooking the gardens and riverfront. The bedrooms, en suite, are expansive and complimented with large walk-in closets. All baths have beautiful fixtures, hand selected tiles, and sleek granite vanity tops. For added convenience, the home elevator is cleverly placed, making all areas of the home accessible for everyone. This stunning estate was built by one of the finest custom home builders in Anne Arundel County, Cedar Square Homes. Celebrate your Holidays and start new traditions with friends and family in this new waterfront estate, which awaits to be filled with your treasures. Welcome home.

Last Agent to Sell the Property

Wendy Oliver

(443) 336-5091 wendy.oliver@cbmove.com Coldwell Banker Realty Listed on: 08/31/2020

Coldwell Banker Realty

Last Buyer's Agent

Tonia Falkowski

(443) 510-0383 tonia.falkowski@evrealestate.com Engel & Völkers Annapolis License #659530

Engel & Völkers Annapolis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,867

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.42 Acre Lot
  • Home fronts navigable water
  • Landscaped
  • Extensive Hardscape
  • No Through Street
  • Premium Lot
  • Sprinkler System
  • Cleared Lot
  • Back and Front Yard
  • Property is in excellent condition
  • Property is zoned R5

Parking

  • 2 Car Detached Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Advanced Framing
  • Architectural Shingle Roof
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Formal Dining Room
  • Carpet
  • River Views
  • Attic

Kitchen

  • Gourmet Country Kitchen
  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Commercial Range
  • Six Burner Stove
  • Down Draft Cooktop
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

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

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Water Proofing System
  • Sump Pump

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity

Pool

  • Black Bottom Pool
  • In Ground Pool
  • Saltwater Pool
  • Poolside Lot

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Powered Boats Permitted
  • Deck
  • Patio
  • Exterior Lighting
  • Playground
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Underground Utilities
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 020314527228600

Community Details

Overview

  • No Home Owners Association
  • Broadwater Beach Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,867

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-09-01
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: *NEW RIVERFRONT PRIVATE ESTATE* Welcome to this brilliantly designed new construction home, an original masterpiece built along the shores of the Magothy River in Arnold, Maryland. 557 Broadwater Road was thoughtfully detailed and built for the new owners to experience a true luxury living lifestyle, surrounded with sensational riverfront views. With direct Magothy River frontage, boating enthusiasts will enjoy a private 350 ft. dock with water, electric, and 7 feet of water depth. An abundance of features and amenities include public water/sewer, and natural gas. The master chef kitchen has top of the line appliances, gorgeous quartz counters, 42 inch maple cabinetry, and an oversized island. Coffered ceilings, soaring glass windows, and 8 ft. tall doors compliment this striking floorplan. Large open family room with wood burning fireplace is perfect for all seasons. Step outside onto a stunning stone patio and enjoy your very own waterside saltwater pool with built in seating and a beautiful waterfall! Impressive private master suite has picturesque water views, walls of windows, lounging area with gas fireplace, enormous walk-in closets, and your very own yoga/workout room! Enjoy evening sunsets and morning coffee on the multiple decking overlooking the gardens and riverfront. The bedrooms, en suite, are expansive and complimented with large walk-in closets. All baths have beautiful fixtures, hand selected tiles, and sleek granite vanity tops. For added convenience, the home elevator is cleverly placed, making all areas of the home accessible for everyone. This stunning estate was built by one of the finest custom home builders in Anne Arundel County, Cedar Square Homes. Celebrate your Holidays and start new traditions with friends and family in this new waterfront estate, which awaits to be filled with your treasures. Welcome home.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Commercial Range, Cooktop - Down Draft, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven - Self Cleaning, Oven - Wall, Refrigerator, Six Burner Stove, Washer, Water Heater
  • Interior Amenities: Attic, Bar, Breakfast Area, Ceiling Fan(s), Carpet, Entry Level Bedroom, Elevator, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Primary Bedroom - Bay Front, Recessed Lighting, Soaking Tub, Sprinkler System, Stall Shower, Tub Shower, Walk-In Closet(s), Wet/Dry Bar
  • Window Features: Double Pane, Energy Efficient, Insulated, Low-E, Screens, Vinyl Clad
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, High
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Basement, Foyer, Laundry, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Interior Access, Unfinished, Water Proofing System, Sump Pump
  • Laundry Type: Upper Floor
  • Total Sq Ft: 5356
  • Living Area Sq Ft: 5356
  • Price Per Sq Ft: 550.71
  • Above Grade Finished Sq Ft: 4812
  • Below Grade Finished Sq Ft: 544
  • Total Below Grade Sq Ft: 544
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 557

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Advanced Framing, Hardiplank Type, Stone
  • Construction Completed: Yes
  • Exterior Features: Exterior Lighting, Extensive Hardscape, Lawn Sprinkler, Play Area
  • Pool Features: Black Bottom, In Ground, Saltwater
  • Roof: Architectural Shingle
  • View: River
  • 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
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Programmable Thermostat, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: BELVEDERE
  • Middle School: SEVERN RIVER
  • High School: BROADNECK
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140671932
  • 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: 156900.00
  • Land Assessed Value: 1071700.00
  • Land Use Code: 011
  • Lot Features: Premium, Rear Yard, Poolside, No Thru Street, Landscaping, Front Yard, Cleared
  • Lot Size Acres: 0.42
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18270.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15208835
  • Tax Annual Amount: 10867.00
  • Assessor Parcel Number: 020314527228600
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 2956
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/13/2020

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

Closed on
Jun 8, 2021
Sold by
Wergin Patrick F and Wergin Kimberly A
Bought by
Wergin Patrick F and Wergin Kimberly A
Current Estimated Value
$2,725,969

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 13, 2020
Sold by
Payne Curtis L
Bought by
Wergin Kimberly A and Wergin Patrick F
Seller's Agent
Wendy Oliver
Coldwell Banker Realty
Buyer's Agent
Tonia Falkowski
Engel & Völkers Annapolis
List Price
$2,650,000
Sold Price
$2,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.57%
Original Mortgage
$2,120,000
Outstanding Balance
$1,882,190
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$843,779

Purchase Details

Closed on
Aug 26, 2019
Sold by
C L Payne & Associates Inc
Bought by
Payne Curtis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 1, 2018
Closed on
Aug 3, 2018
Sold by
Kurtz John M and Kurtz Joan M
Bought by
C L Payne & Associates Inc
Seller's Agent
Joan Kurtz
JMK Realty Advisors
Buyer's Agent
Steve Graves
Coldwell Banker Realty
List Price
$999,000
Sold Price
$975,000
Premium/Discount to List
-$24,000
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.40%
Original Mortgage
$731,250
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2006
Sold by
Schwartze Walston G
Bought by
Kurtz John M and Kurtz Joan M

Purchase Details

Closed on
Jul 18, 2006
Sold by
Schwartze Walston G
Bought by
Kurtz John M and Kurtz Joan M
Source: Public Records

Range of Values:

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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
Wergin Patrick F -- None Available
Wergin Kimberly A $2,650,000 Eagle Title Llc
Payne Curtis L -- None Available
C L Payne & Associates Inc $975,000 None Available
Kurtz John M $1,092,362 --
Kurtz John M $1,092,362 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wergin Kimberly A $2,120,000
Previous Owner Payne Curtis L $1,400,000
Previous Owner C L Payne & Associates Inc $731,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2020 10/13/20 Sold $2,650,000 0.0% $495 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $2,650,000 +171.8% $495 / Sq Ft
08/03/2018 08/03/18 Sold $975,000 -2.4% $294 / Sq Ft View Prior Sale
06/04/2018 06/04/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $999,000 -- $301 / Sq Ft
Source: Bright MLS

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 $20,824 $2,058,633 -- --
2024 $20,824 $1,915,500 $1,091,700 $823,800
2023 $20,320 $1,857,800 $0 $0
2022 $19,028 $1,800,100 $0 $0
2021 $37,277 $1,742,400 $1,071,700 $670,700
2020 $17,276 $1,119,067 $0 $0
2019 $10,957 $1,009,533 $0 $0
2018 $9,126 $900,000 $713,300 $186,700
2017 $10,283 $872,267 $0 $0
2016 -- $964,000 $0 $0
2015 -- $816,800 $0 $0
2014 -- $816,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA445144

Bright MLS

APN: 03-145-27228600