NOT LISTED FOR SALE

900 Lynch Dr Arnold, MD 21012

Estimated Value: $3,161,000 - $3,828,000

5 Beds
6 Baths
6,649 Sq Ft
$520/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $2,525,000 $380 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $20,629/month

23 Days on Market

Highlights

  • 128 Feet of Waterfront
  • Marina
  • 3 Dock Slips
  • Magothy River Middle School Rated A-
  • Boat Ramp
  • Pier

About This Home

As of September 2020

RARE OPPORTUNITY TO OWN A SPECTACULAR RIVER FRONT ESTATE IN A HIGHLY SOUGT AFTER LOCATION. Breathtaking panoramic views with western sunset exposure. Elegant and private setting and graciously sited on .62 acres. You will love the waterside, saltwater heated pool and spa with ample decking and unobstructed views of the Magothy River/Forked Creek and Cool Springs. 128 Feet of water frontage, bulkhead and deep-water private dock with two lifts. Enter this beautiful home through your custom, cherry wood double doors to view straight down the Magothy River. Over 6000+ square feet on 4 levels with waterside office, large crown molding and screened porch for al-fresco dining and lounging. This 5BR, 6FB home has an elegant coastal / transitional style with open floor plan and private bath for each bedroom. The Owner's suite has a lovely elevated water view, cozy gas fireplace, remote controlled black out blinds and walk-in closet with washer / dryer. Gorgeous waterside 3rd floor TV/family room above the garage is a wonderful second family space with gas fireplace and rolling library ladder to access the fourth floor balcony. Fabulous renovated basement with new kitchen, bedroom and full bath that is perfect for guests, nanny or in-law suite. Beautifully landscaped with a tree-lined drive showcasing cherry trees, evergreens, boxwoods and perennial tulips. Teaming with year round visual interest from a variety of boats passing by, Chesapeake Bay wildlife and Wednesday night sailboat races. All can be seen from just about every room in your home! Located in a highly sought after community of fine homes and close to all major commuting routes, restaurants and shopping. Ulmstead offers a multitude of social events, 2 marinas, a pool, clubhouse, horse facilities; tennis/pickleball courts ball fields and a waterfront beach park! Just 5 miles to downtown Annapolis and Severna Park, and convenient to Baltimore, BWI, Ft. Meade/NSA and Washington, DC.

Last Agent to Sell the Property

Elizabeth Dooner

(410) 725-8973 ldooner@cbmove.com Coldwell Banker Realty License #631665 Listed on: 07/31/2020

Coldwell Banker Realty

Last Buyer's Agent

Travis Gray

(301) 641-0809 travis.gray@evrealestate.com Engel & Völkers Annapolis License #636268

Engel & Völkers Annapolis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,949

Year Built

  • Built in 1988

Lot Details

  • 0.62 Acre Lot
  • 128 Feet of Waterfront
  • Home fronts navigable water
  • West Facing Home
  • Private Lot
  • Premium Lot
  • Sprinkler System
  • Front Yard
  • Property is in excellent condition
  • Property is zoned R2

HOA Fees

  • $61 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 5 Driveway Spaces
  • Front Facing Garage

Property Views

  • River
  • Creek or Stream

Home Design

  • Colonial Architecture
  • Coastal Architecture

Interior Spaces

  • Property has 4 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Double Door Entry
  • French Doors
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Finished Basement

  • Heated Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Shelving
  • Space For Rooms
  • Basement Windows

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Spa
  • Poolside Lot

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Bulkhead
  • Swimming Allowed
  • Physical Dock Slip Conveys
  • 3 Dock Slips
  • Stream or River on Lot
  • 2 Powered Boats Permitted
  • Balcony
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Porch

Schools

  • Broadneck Elementary School
  • Magothy River Middle School
  • Broadneck High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 020387590038586

Community Details

Overview

  • Association fees include reserve funds
  • Ulmstead Point Subdivision

Amenities

  • Common Area

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • 2 Community Docks
  • Marina
  • Beach
  • Tennis Courts
  • Baseball Field
  • Community Pool
  • Pool Membership Available
  • Community Stables

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,949

Year Built

Built in 1988

Lot Details

0

HOA Fees

$61 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2020-08-01
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: RARE OPPORTUNITY TO OWN A SPECTACULAR RIVER FRONT ESTATE IN A HIGHLY SOUGT AFTER LOCATION. Breathtaking panoramic views with western sunset exposure. Elegant and private setting and graciously sited on .62 acres. You will love the waterside, saltwater heated pool and spa with ample decking and unobstructed views of the Magothy River/Forked Creek and Cool Springs. 128 Feet of water frontage, bulkhead and deep-water private dock with two lifts. Enter this beautiful home through your custom, cherry wood double doors to view straight down the Magothy River. Over 6000+ square feet on 4 levels with waterside office, large crown molding and screened porch for al-fresco dining and lounging. This 5BR, 6FB home has an elegant coastal / transitional style with open floor plan and private bath for each bedroom. The Owner's suite has a lovely elevated water view, cozy gas fireplace, remote controlled black out blinds and walk-in closet with washer / dryer. Gorgeous waterside 3rd floor TV/family room above the garage is a wonderful second family space with gas fireplace and rolling library ladder to access the fourth floor balcony. Fabulous renovated basement with new kitchen, bedroom and full bath that is perfect for guests, nanny or in-law suite. Beautifully landscaped with a tree-lined drive showcasing cherry trees, evergreens, boxwoods and perennial tulips. Teaming with year round visual interest from a variety of boats passing by, Chesapeake Bay wildlife and Wednesday night sailboat races. All can be seen from just about every room in your home! Located in a highly sought after community of fine homes and close to all major commuting routes, restaurants and shopping. Ulmstead offers a multitude of social events, 2 marinas, a pool, clubhouse, horse facilities; tennis/pickleball courts ball fields and a waterfront beach park! Just 5 miles to downtown Annapolis and Severna Park, and convenient to Baltimore, BWI, Ft. Meade/NSA and Washington, DC.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Oven/Range - Electric, Water Heater, Washer/Dryer Stacked, Washer, Oven - Wall, Microwave
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: 2nd Kitchen, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Built-Ins, Carpet, Ceiling Fan(s), Floor Plan - Traditional, Recessed Lighting, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Bay/Bow
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: Double Entry, French
  • Wall Ceiling Types: Cathedral Ceilings, High, 9'+ Ceilings, 2 Story Ceilings
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Fully Finished, Heated, Improved, Interior Access, Shelving, Windows, Space For Rooms
  • Laundry Type: Main Floor, Upper Floor
  • Total Sq Ft: 7348
  • Living Area Sq Ft: 6649
  • Price Per Sq Ft: 517.69
  • Above Grade Finished Sq Ft: 5399
  • Below Grade Finished Sq Ft: 1250
  • Below Grade Sq Ft: 699
  • Total Below Grade Sq Ft: 1949
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 900

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Hot Tub, Underground Lawn Sprinkler, Exterior Lighting
  • Pool Features: Heated, Saltwater, In Ground
  • Spa: Yes
  • View: Creek/Stream, River, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Personal Watercraft (PWC), Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Magothy
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 128

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Programmable Thermostat, Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 735.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Beach, Boat Ramp, Boat Dock/Slip, Common Grounds, Marina/Marina Club, Pool - Outdoor, Pier/Dock, Pool Mem Avail, Riding/Stables, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Reserve Funds
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: BROADNECK
  • Middle School: MAGOTHY 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: BROADNECK
  • High School: BROADNECK
  • Middle Or Junior School: MAGOTHY RIVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 953400.00
  • Land Assessed Value: 1507100.00
  • Land Use Code: 011
  • Lot Features: Bulkheaded, Front Yard, Poolside, Premium, Private, Stream/Creek
  • Lot Size Acres: 0.62
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27099.00
  • Outdoor Living Structures: Porch(es), Deck(s), Balcony, Screened
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 15256775
  • Tax Annual Amount: 25949.00
  • Assessor Parcel Number: 020387590038586
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 6649
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/30/2020

Multi Family

  • Mean Low Water Feet: 6

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Sep 25, 2020
Sold by
Security National Bankof Omaha
Seller's Agent
Elizabeth Dooner
Coldwell Banker Realty
Buyer's Agent
Travis Gray
Engel & Völkers Annapolis
List Price
$2,795,000
Sold Price
$2,525,000
Premium/Discount to List
-$270,000
-9.66%
Current Estimated Value
$3,458,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$933,667
Avg. Annual Appreciation
6.48%
Original Mortgage
$2,000,000
Outstanding Balance
$1,778,893
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,679,774

Purchase Details

Closed on
Nov 13, 2019
Sold by
Security National Bank
Bought by
Security National Bank and Mary Elizabeth Olsen Revocable Trust

Purchase Details

Closed on
Dec 5, 2003
Sold by
Olsen Bradley M
Bought by
Kirkpatrick Pettis Trst Co Trustee

Purchase Details

Closed on
Aug 12, 2003
Sold by
Chartier Frank L
Bought by
Olsen Bradley M and Olsen Mary E

Purchase Details

Closed on
Jul 12, 1988
Sold by
Lynch Trustee Charles F
Bought by
Chartier Frank L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
10.38%
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
-- $2,525,000 Eagle Title Llc
Security National Bank -- None Available
Kirkpatrick Pettis Trst Co Trustee -- --
Olsen Bradley M $2,500,000 --
Chartier Frank L $823,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $2,000,000
Previous Owner Chartier Frank L $425,000
Closed Olsen Bradley M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $2,525,000 -9.7% $380 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $2,795,000 -- $420 / 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 $29,141 $2,734,867 -- --
2024 $29,141 $2,653,200 $1,507,100 $1,146,100
2023 $28,460 $2,588,967 $0 $0
2022 $26,674 $2,524,733 $0 $0
2021 $52,285 $2,460,500 $1,507,100 $953,400
2020 $16,629 $2,455,233 $0 $0
2019 $8,067 $2,449,967 $0 $0
2018 $24,789 $2,444,700 $1,507,100 $937,600
2017 $14,506 $2,147,133 $0 $0
2016 -- $1,849,567 $0 $0
2015 -- $1,552,000 $0 $0
2014 -- $1,552,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA441110

Bright MLS

APN: 03-875-90038586