NOT LISTED FOR SALE

605 Martingale Ln Unit 17 Arnold, MD 21012

Estimated Value: $599,696 - $706,000

4 Beds
4 Baths
2,844 Sq Ft
$228/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $550,000 $193 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,332/month

136 Days on Market

Highlights

  • Beach
  • Pier or Dock
  • Private Beach
  • Severn River Middle School Rated 9+
  • Home fronts navigable water
  • Water Access

About This Home

As of February 2023

An absolutely stunning three level townhome with 4 bedrooms and 4 full bathrooms in the sought-after gated waterfront, resort-like Moorings on the Magothy community. Open and bright layout boasts a grand foyer, gleaming hardwood floors on the main level, a spacious living room with wood burning fireplace, kitchen w/ granite countertops as well as a bedroom and a full bath on the main level. Two large master suites upstairs, cathedral ceilings, each with its own bathroom and sitting area. Lower level has tiled floors, a large living area, bedroom, and a full bath with patio doors to lower deck overlooking greenery. Excellent closet space throughout and a garage. This is a gated waterfront community with a private beach, pier, tennis courts, and much more. Great school district and walk to the Point restaurant. MUST SEE!

Last Agent to Sell the Property

Alex Fox

(410) 963-3191 alex@allfirstmd.com Allfirst Realty, Inc. License #SBR006568 Listed on: 09/01/2022

Last Buyer's Agent

Beth Viscarra

(301) 980-0303 bviscarra@aol.com Cummings & Co. Realtors

Cummings & Co. Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,669

Year Built

  • Built in 1994

Lot Details

  • Home fronts navigable water
  • Private Beach

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,844 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Palladian Windows
  • Window Screens
  • French Doors
  • Family Room
  • Living Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Garden Views
  • Security Gate

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on lower level
  • Front Loading Dryer
  • Front Loading Washer

Outdoor Features

  • Water Access
  • River Nearby
  • Lake Privileges
  • Sport Court
  • Deck
  • Patio
  • Playground

Schools

  • Broadneck High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020356590085365

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, pier/dock maintenance, security gate
  • Moorings On The Magothy Subdivision

Amenities

  • Common Area

Recreation

  • Pier or Dock
  • Beach
  • Tennis Courts

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,669

Year Built

Built in 1994

Lot Details

0

HOA Fees

$600 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Icemaker, Oven/Range - Electric, Refrigerator, Dryer - Front Loading, Washer - Front Loading
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Crown Moldings, Floor Plan - Open, Floor Plan - Traditional, Primary Bath(s), Soaking Tub, Stall Shower, Walk-In Closet(s), Window Treatments
  • Window Features: Screens, Palladian, Skylights
  • Fireplace Features: Mantel(s), Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Breakfast Room, Laundry, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2844
  • Living Area Sq Ft: 2844
  • Price Per Sq Ft: 196.69
  • Above Grade Finished Sq Ft: 2844
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • 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: Frame
  • Exterior Features: Private Beach, Sport Court, Play Area
  • View: Garden/Lawn
  • Water Access: Yes
  • Water Body Name: Magothy River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 600.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Pier/Dock, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Pier/Dock Maintenance, Security Gate
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 234200.00
  • Land Assessed Value: 180000.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: R
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15238281
  • Tax Annual Amount: 4669.00
  • Assessor Parcel Number: 020356590085365
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Feb 24, 2023
Sold by
Segal Family Trust
Bought by
Chandlee Lydia C and Chandlee Stephen M
Seller's Agent
Alex Fox
Allfirst Realty, Inc.
Buyer's Agent
Beth Viscarra
Cummings & Co. Realtors
List Price
$589,900
Sold Price
$550,000
Premium/Discount to List
-$39,900
-6.76%
Views
84
Current Estimated Value
$647,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,424
Avg. Annual Appreciation
5.76%
Original Mortgage
$495,000
Outstanding Balance
$479,516
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$167,908

Purchase Details

Closed on
Jan 2, 2020
Sold by
Arendt Cynthia and Estate Of Joshua Segal
Bought by
The Segal Family Trust

Purchase Details

Closed on
May 26, 2011
Sold by
Jenkins Christy A
Bought by
Segal Joshua and Segal Joyce A

Purchase Details

Closed on
May 23, 2011
Sold by
Jenkins Christy A
Bought by
Segal Joshua and Segal Joyce A

Purchase Details

Closed on
Jul 6, 2006
Sold by
Schaefer Michael L
Bought by
Jenkins Christy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2006
Sold by
Schaefer Michael L
Bought by
Jenkins Christy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2001
Sold by
Jenkins Christy A
Bought by
Segal Joshua and Segal Joyce A

Purchase Details

Closed on
Sep 30, 1999
Sold by
Schaefer Michael L
Bought by
Schaefer Michael L and Schaefer Diedra D

Purchase Details

Closed on
Dec 22, 1994
Sold by
Sturbridge Dev Co
Bought by
Schaefer Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
9.19%
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
Chandlee Lydia C $550,000 --
The Segal Family Trust -- Accommodation
Segal Joshua $395,000 --
Segal Joshua $395,000 --
Jenkins Christy A $525,000 --
Jenkins Christy A $525,000 --
Segal Joshua $395,000 Mid Maryland Title Company I
Schaefer Michael L -- --
Schaefer Michael L $235,502 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandlee Lydia C $495,000
Previous Owner Jenkins Christy A $50,000
Previous Owner Jenkins Christy A $225,000
Previous Owner Jenkins Christy A $225,000
Previous Owner Schaefer Michael L $99,365
Previous Owner Schaefer Michael L $223,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $550,000 -1.7% $193 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
11/10/2022 11/10/22 Price Changed $559,400 0.0% $197 / Sq Ft
11/01/2022 11/01/22 Price Changed $559,500 -1.8% $197 / Sq Ft
10/17/2022 10/17/22 Price Changed $569,900 -1.7% $200 / Sq Ft
09/30/2022 09/30/22 Price Changed $579,900 -1.7% $204 / Sq Ft
09/01/2022 09/01/22 For Sale $589,900 -- $207 / 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 $4,558 $457,233 -- --
2024 $4,558 $414,200 $180,000 $234,200
2023 $4,545 $414,200 $180,000 $234,200
2022 $4,349 $414,200 $180,000 $234,200
2020 $4,202 $403,533 $0 $0
2019 $4,119 $391,467 $0 $0
2018 $3,847 $379,400 $135,000 $244,400
2017 $3,828 $374,400 $0 $0
2016 -- $369,400 $0 $0
2015 -- $364,400 $0 $0
2014 -- $364,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2042480

Bright MLS

APN: 03-565-90085365