NOT LISTED FOR SALE

921 Dreams Point Rd Arnold, MD 21012

Estimated Value: $2,807,000 - $2,977,000

5 Beds
6 Baths
8,478 Sq Ft
$342/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $2,350,000 $277 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $17,455/month

Highlights

  • 96 Feet of Waterfront
  • 3 Dock Slips
  • Eat-In Gourmet Kitchen
  • Severn River Middle School Rated 9+
  • Access to Tidal Water
  • River View

About This Home

As of October 2021

Welcome to Dreams Point in Jamestown on the Magothy. Stunning architecture, fine fit and finish, gated driveway, pristine condition, and deep protected water are only a few of features that make this property a true gem. Situated on a private lot, and built at an ideal elevation above Forked Creek, this custom brick 5 bedroom/4 baths/2 half baths home features beautiful wood floors, custom trim, a mosaic tile foyer, impressive curved staircase, 4 gas fireplaces, an exquisite gourmet chef's kitchen with custom cabinetry, luxury appliances, two large pantries, a breakfast area, two custom work stations and a gourmet coffee bar. This home also offers a waterfront great room with soaring ceilings, a stately main level home office with gas fireplace, over a dozen Swarovski crystal chandeliers throughout the home, expansive master suite with luxury bath and separate walk-in closets, waterfront screened porch and deck, and many other features you would expect to find in a home of this quality craftsmanship. The expansive lower level includes an au-pair/guest suite, family room with custom built-ins, game room area, gym/yoga area and a large storage and workshop area. The discreet and maintenance free solar panel system provides clean energy and a significant reduction in energy costs. Ideally located for enjoying the best of what our area has to offer by land or water. Great access to the Chesapeake Bay, and a short ride to Dobbins Island, Dreams Point is a boater's dream. The deep water pier is very protected and includes water, electric and a Magnum lift. Welcome to the best of waterfront living on the Magothy River.

Last Agent to Sell the Property

Travis Gray

(301) 641-0809 travis.gray@evrealestate.com Engel & Völkers Annapolis License #636268 Listed on: 03/19/2020

Engel & Völkers Annapolis

Last Buyer's Agent

Denise Mattern

(443) 989-8165 denisecbrealtor@gmail.com Coldwell Banker Realty License #648867

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,233

Year Built

  • Built in 2005

Lot Details

  • 0.77 Acre Lot
  • 96 Feet of Waterfront
  • Home fronts navigable water
  • Open Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Fenced Parking

Property Views

  • River
  • Creek or Stream

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Curved or Spiral Staircase
  • Dual Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 6 Fireplaces
  • Mud Room
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Home Gym
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Butlers Pantry
  • Double Oven
  • Gas Oven or Range
  • Commercial Range
  • Indoor Grill
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Soaking Tub

Laundry

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

Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Workshop
  • Basement with some natural light

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Electric Water Heater
  • Water Conditioner is Owned
  • Cable TV Available

Community Details

  • Association fees include common area maintenance
  • Jamestown On The Magothy Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 020342490073382

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,233

Year Built

Built in 2005

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-04-03
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to Dreams Point in Jamestown on the Magothy. Stunning architecture, fine fit and finish, gated driveway, pristine condition, and deep protected water are only a few of features that make this property a true gem. Situated on a private lot, and built at an ideal elevation above Forked Creek, this custom brick 5 bedroom/4 baths/2 half baths home features beautiful wood floors, custom trim, a mosaic tile foyer, impressive curved staircase, 4 gas fireplaces, an exquisite gourmet chef's kitchen with custom cabinetry, luxury appliances, two large pantries, a breakfast area, two custom work stations and a gourmet coffee bar. This home also offers a waterfront great room with soaring ceilings, a stately main level home office with gas fireplace, over a dozen Swarovski crystal chandeliers throughout the home, expansive master suite with luxury bath and separate walk-in closets, waterfront screened porch and deck, and many other features you would expect to find in a home of this quality craftsmanship. The expansive lower level includes an au-pair/guest suite, family room with custom built-ins, game room area, gym/yoga area and a large storage and workshop area. The discreet and maintenance free solar panel system provides clean energy and a significant reduction in energy costs. Ideally located for enjoying the best of what our area has to offer by land or water. Great access to the Chesapeake Bay, and a short ride to Dobbins Island, Dreams Point is a boater's dream. The deep water pier is very protected and includes water, electric and a Magnum lift. Welcome to the best of waterfront living on the Magothy River.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Commercial Range, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Indoor Grill, Oven - Double, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Conditioner - Owned
  • Interior Amenities: Additional Stairway, Attic, Built-Ins, Butlers Pantry, Ceiling Fan(s), Chair Railings, Crown Moldings, Curved Staircase, Double/Dual Staircase, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Pantry, Recessed Lighting, Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Wood Floors
  • Fireplaces Count: 6
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Exercise Room, In-Law/AuPair/Suite, Laundry, Mud Room, Office, Recreation Room, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Stairs, Workshop, Outside Entrance, Full, Daylight, Partial
  • Laundry Type: Upper Floor
  • Total Sq Ft: 9167
  • Living Area Sq Ft: 8478
  • Price Per Sq Ft: 390.25
  • Above Grade Finished Sq Ft: 6278
  • Below Grade Finished Sq Ft: 2200
  • Below Grade Sq Ft: 689
  • Total Below Grade Sq Ft: 2889
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 921

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 3
  • 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
  • Exterior Features: Exterior Lighting
  • Roof: Architectural Shingle
  • View: River, Creek/Stream
  • Water Access Features: Canoe/Kayak, Private Access
  • Water Access: Yes
  • Water Body Name: Forked Creek
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 96

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Fenced
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground, Cable Tv Available, Natural Gas Available
  • Water Source: Public
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • HOA Fees: 180.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 1670100.00
  • Land Assessed Value: 534800.00
  • Land Use Code: 011
  • Lot Features: Open
  • Lot Size Acres: 0.77
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33411.00
  • Outdoor Living Structures: Deck(s), Screened, Porch(es)
  • Year Assessed: 2021
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15230542
  • Tax Annual Amount: 23233.00
  • Assessor Parcel Number: 020342490073382
  • Tax Lot: 10
  • Tax Total Finished Sq Ft: 8478
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/06/2021

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 19, 2020
Closed on
Oct 6, 2021
Sold by
Astrom Torsten Jan Erik and Astrom Catharina Monica
Bought by
Park Matthew and Park Julie
Seller's Agent
Travis Gray
Engel & Völkers Annapolis
Buyer's Agent
Denise Mattern
Coldwell Banker Realty
List Price
$2,450,000
Sold Price
$2,350,000
Premium/Discount to List
-$100,000
-4.08%
Current Estimated Value
$2,899,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,845
Avg. Annual Appreciation
5.31%
Original Mortgage
$2,269,336
Outstanding Balance
$2,069,423
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$830,422

Purchase Details

Closed on
Jul 11, 2008
Sold by
King Don E
Bought by
Astrom Taorsten Ja and Astrom Catharina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2008
Sold by
King Don E
Bought by
Astrom Taorsten Ja and Astrom Catharina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2004
Sold by
The Dempsey Company Inc
Bought by
King Don E and King Laura R

Purchase Details

Closed on
Dec 29, 1999
Sold by
Jamestown Inc
Bought by
Baldwin Thomas I
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
Park Matthew $2,350,000 Eagle Title Llc
Astrom Taorsten Ja $2,100,000 --
Astrom Taorsten Ja $2,100,000 --
King Don E $725,000 --
Baldwin Thomas I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Matthew $2,269,336
Previous Owner Astrom Taorsten Ja $750,000
Previous Owner Astrom Taorsten Ja $750,000
Closed King Don E --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2021 10/06/21 Sold $2,350,000 -4.1% $277 / Sq Ft
03/05/2021 03/05/21 Price Changed $2,450,000 0.0% $289 / Sq Ft
03/05/2021 03/05/21 For Sale $2,450,000 +4.3% $289 / Sq Ft
12/08/2020 12/08/20 Off Market $2,350,000 -- --
06/12/2020 06/12/20 Price Changed $2,495,000 -3.9% $294 / Sq Ft
03/19/2020 03/19/20 For Sale $2,595,000 -- $306 / 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 $26,779 $2,516,700 -- --
2024 $26,779 $2,422,600 $674,800 $1,747,800
2023 $26,136 $2,350,033 $0 $0
2022 $24,230 $2,277,467 $0 $0
2021 $43,772 $2,204,900 $534,800 $1,670,100
2020 $21,477 $2,192,700 $0 $0
2019 $42,235 $2,180,500 $0 $0
2018 $21,987 $2,168,300 $592,800 $1,575,500
2017 $19,406 $2,047,867 $0 $0
2016 -- $1,927,433 $0 $0
2015 -- $1,807,000 $0 $0
2014 -- $1,807,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA429128

Bright MLS

APN: 03-424-90073382