NOT LISTED FOR SALE

920 Dreams Point Rd Arnold, MD 21012

Estimated Value: $2,701,000 - $3,766,538

5 Beds
8 Baths
8,684 Sq Ft
$384/Sq Ft Est. Value

Last Sold May 07, 2019

Last sale price $2,120,000 $244 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $19,931/month

Highlights

  • 600 Feet of Waterfront
  • Private Dock Site
  • Fishing Allowed
  • Severn River Middle School Rated 9+
  • Private Pool
  • 7.97 Acre Lot

About This Home

As of May 2019

$1.5 Million is the suggested opening bid at the Public Auction Sale to be held on the premises and online on Weds. April 24th@ 11 AM. This property is a being sold voluntarily by the owner. Alex Cooper is proud to present this elegant WATERFRONT home in the Annapolis area community of Jamestown on the Magothy . Located conveniently near College Parkway and easy access to Route 50. Close to downtown Annapolis, Baltimore and Washington DC. Enter the 8 fully fenced private acres through a gated circular driveway to a magnificent all brick Colonial Williamsburg style 10,000 +/- sq. ft. home complete with in-ground pool and deep-water dock. Plenty of living space with 5 bedrooms, 6 full and 2 half baths, large office space, walls of windows throughout with spectacular views of the Magothy River and the surrounding manicured grounds and more!! You will find attention to details through the entire home including: Beautiful 2 story entry foyer with marble floors, a curved staircase and crystal chandelier, Beautifully appointed fireplaces with custom made mantels, Very large formal living room, Crown molding and cherry floors throughout, Family room with breathtaking 2 story custom brick wall and fireplace. Chef s kitchen with 2 large granite topped islands and top of the line appliances, Eating area in kitchen with large bay windows overlooking the water. Main level includes a wet bar, laundry room and access to the three-car garage. Second level master bedroom has French doors to a private deck with views of the pool and water, Master resort-like bath features cherry cabinets and white marble shower and soaking tub, Each of the other four bedrooms has its own private bath with walk-in closets and lots of light, Lower level features a spacious game room, bedroom with full bath, 2 fireplaces, wine cellar and outdoor access This is the perfect home for raising a family and entertaining! This deep water property (on a protected Cove) is located on Forked Creek which connects to Magothy River/Chesapeake Bay consisting of approximately 600 feet of waterfront.

Last Agent to Sell the Property

Scott Frank

(410) 977-4712 scott@alexcooper.com Alex Cooper Auctioneers, Inc. Listed on: 03/22/2019

Co-Listed By

Luisa Matrangolo

(443) 470-1401 lm1972us@yahoo.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Scott Frank

(410) 977-4712 scott@alexcooper.com Alex Cooper Auctioneers, Inc. Listed on: 03/22/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,061

Year Built

  • Built in 1994

Lot Details

  • 7.97 Acre Lot
  • 600 Feet of Waterfront
  • Home fronts navigable water

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 5 Fireplaces

Bedrooms and Bathrooms

  • 5 Bedrooms

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Private Pool
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Private Dock Site
  • Powered Boats Permitted

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 020342490073379

Community Details

Overview

  • Jamestown On The Magothy HOA, Phone Number (216) 534-4869
  • Jamestown On The Magothy Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,061

Year Built

Built in 1994

Lot Details

0

HOA Fees

$15 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1994
  • Remarks Public: $1.5 Million is the suggested opening bid at the Public Auction Sale to be held on the premises and online on Weds. April 24th@ 11 AM. This property is a being sold voluntarily by the owner. Alex Cooper is proud to present this elegant WATERFRONT home in the Annapolis area community of Jamestown on the Magothy . Located conveniently near College Parkway and easy access to Route 50. Close to downtown Annapolis, Baltimore and Washington DC. Enter the 8 fully fenced private acres through a gated circular driveway to a magnificent all brick Colonial Williamsburg style 10,000 +/- sq. ft. home complete with in-ground pool and deep-water dock. Plenty of living space with 5 bedrooms, 6 full and 2 half baths, large office space, walls of windows throughout with spectacular views of the Magothy River and the surrounding manicured grounds and more!! You will find attention to details through the entire home including: Beautiful 2 story entry foyer with marble floors, a curved staircase and crystal chandelier, Beautifully appointed fireplaces with custom made mantels, Very large formal living room, Crown molding and cherry floors throughout, Family room with breathtaking 2 story custom brick wall and fireplace. Chef s kitchen with 2 large granite topped islands and top of the line appliances, Eating area in kitchen with large bay windows overlooking the water. Main level includes a wet bar, laundry room and access to the three-car garage. Second level master bedroom has French doors to a private deck with views of the pool and water, Master resort-like bath features cherry cabinets and white marble shower and soaking tub, Each of the other four bedrooms has its own private bath with walk-in closets and lots of light, Lower level features a spacious game room, bedroom with full bath, 2 fireplaces, wine cellar and outdoor access This is the perfect home for raising a family and entertaining! This deep water property (on a protected Cove) is located on Forked Creek which connects to Magothy River/Chesapeake Bay consisting of approximately 600 feet of waterfront.
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 5
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full, Connecting Stairway, Heated, Improved, Outside Entrance, Sump Pump, Partially Finished
  • Total Sq Ft: 9961
  • Living Area Sq Ft: 8684
  • Price Per Sq Ft: 224.42
  • Above Grade Finished Sq Ft: 6684
  • Below Grade Finished Sq Ft: 2000
  • Below Grade Sq Ft: 1277
  • Total Below Grade Sq Ft: 3277
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 920

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 5
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 5.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 5
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access Features: Private Access, Boat - Powered, Canoe/Kayak, Fishing Allowed
  • Water Access: Yes
  • Water Body Name: Magothy/Forked Creek
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: No
  • Water Frontage In Feet: 600

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: JAMESTOWN ON THE MAGOTHY
  • HOA Phone: 216-534-4869
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: BELVEDERE
  • Middle School: SEVERN RIVER
  • High School: BROADNECK
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140671932
  • School District Source: Listing Agent
  • Elementary School: BELVEDERE
  • High School: BROADNECK
  • Middle Or Junior School: SEVERN RIVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 1432800.00
  • Land Assessed Value: 997400.00
  • Land Use Code: 011
  • Lot Size Acres: 7.97
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 346963.00
  • Year Assessed: 2018
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15230540
  • Tax Annual Amount: 25061.00
  • Assessor Parcel Number: 020342490073379
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 8684
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/07/2019

Multi Family

  • Mean Low Water Feet: 6
  • 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

Listed on
Mar 22, 2019
Closed on
May 6, 2019
Sold by
Miller Margaret L
Bought by
Bui Trong Khuong
Seller's Agent
Scott Frank
Alex Cooper Auctioneers, Inc.
Buyer's Agent
Scott Frank
Alex Cooper Auctioneers, Inc.
List Price
$1,500,000
Sold Price
$2,120,000
Premium/Discount to List
$620,000
41.33%
Current Estimated Value
$3,333,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,213,385
Avg. Annual Appreciation
7.23%

Purchase Details

Closed on
Oct 6, 1997
Sold by
Mandrin James J
Bought by
Miller Willilam R and Miller Margaret L
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
Bui Trong Khuong $2,120,000 New World Title Company Llc
Miller Willilam R $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Miller Willilam R --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2019 05/07/19 Sold $2,120,000 +41.3% $244 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $1,500,000 -- $173 / 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 $29,205 $2,853,533 -- --
2024 $29,205 $2,621,200 $1,079,400 $1,541,800
2023 $28,330 $2,550,900 $0 $0
2022 $26,353 $2,480,600 $0 $0
2021 $51,236 $2,410,300 $939,400 $1,470,900
2020 $25,599 $2,410,300 $939,400 $1,470,900
2019 $25,623 $2,410,300 $939,400 $1,470,900
2018 $24,642 $2,430,200 $997,400 $1,432,800
2017 $19,017 $2,313,633 $0 $0
2016 -- $2,197,067 $0 $0
2015 -- $2,080,500 $0 $0
2014 -- $2,080,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA378098

Bright MLS

APN: 03-424-90073379