NOT LISTED FOR SALE

942 Lake Dr Arnold, MD 21012

Estimated Value: $1,186,518 - $1,290,000

5 Beds
5.5 Baths
4,642 Sq Ft
$267/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $1,050,000 $226 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,261/month

3 Days on Market

Highlights

  • Beach
  • Home fronts navigable water
  • Fishing Allowed
  • Magothy River Middle School Rated A-
  • Canoe or Kayak Water Access
  • Eat-In Gourmet Kitchen

About This Home

As of July 2023

Welcome to 942 Lake Dr! This stunning home offers voluntary membership to the Shore Acres Community Association, granting you access to a range of exceptional amenities. With the beach, boat ramp, clubhouse, basketball courts, and playground all within walking distance, you'll never run out of ways to enjoy the outdoors. Step inside and be greeted by a thoughtfully designed living space. The open floor plan and abundance of windows create a bright and airy atmosphere throughout the home. Every room boasts generous proportions, ensuring comfortable living for you and your loved ones. The basement was finished in 2022, adding valuable living space to this already impressive home. It features a large rec room, perfect for entertaining family and friends. The wet bar comes complete with a fridge and microwave/oven combo, making it convenient for hosting. Additionally, there is a separate room that can be utilized as a home gym or office, providing versatility to suit your needs, and a full bath, adding convenience and functionality. If you're a fan of entertainment, you'll love the surround sound system that is seamlessly integrated throughout the home, providing an immersive audio experience for movie nights or music enthusiasts. Upstairs, you'll find the primary bedroom which is a true retreat. It boasts a spacious walk-in closet, allowing for ample storage, and an ensuite bath featuring separate vanities, a luxurious soaking tub, and a walk-in shower, creating a spa-like experience right in your own home. No need to carry laundry up and down the stairs, as the upper level conveniently includes a laundry room, making chores a breeze. Outside, the expansive, cleared lot is surrounded by mature trees and offers plenty of space for outdoor activities and gardening. The backyard is fully fenced-in, ensuring privacy and safety for children and pets. Don't miss out on the opportunity to make this incredible property your own. With its impressive amenities, spacious rooms, finished basement, and desirable location, 942 Lake Dr is truly a place to call home.

Last Agent to Sell the Property

David Orso

(443) 372-7171 david@davidorso.com Berkshire Hathaway HomeServices PenFed Realty License #631291 Listed on: 06/03/2023

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

June Steinweg

(410) 353-4157 june.steinweg@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,500

Year Built

  • Built in 2014

Lot Details

  • 1.47 Acre Lot
  • Home fronts navigable water
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • Property has 4 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Fireplace Mantel
  • Window Treatments
  • Dining Area
  • Wood Flooring
  • Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Swimming Allowed
  • Stream or River on Lot
  • Powered Boats Permitted
  • Lake Privileges
  • Patio

Schools

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

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Heat Pump System
  • Well
  • High-Efficiency Water Heater
  • Natural Gas Water Heater
  • Water Conditioner is Owned
  • Mound Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 200
  • Assessor Parcel Number 020374915766800

Community Details

Overview

  • No Home Owners Association
  • Shore Acres Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse

Recreation

  • Beach
  • Community Basketball Court
  • Community Playground
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,500

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2023-06-05
  • Year Built: 2014
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Dryer, Oven - Wall, Microwave, Refrigerator, Washer, Water Conditioner - Owned, Water Heater, Water Heater - High-Efficiency
  • Interior Amenities: Breakfast Area, Kitchen - Gourmet, Kitchen - Island, Dining Area, Kitchen - Eat-In, Primary Bath(s), Chair Railings, Upgraded Countertops, Crown Moldings, Window Treatments, Wainscotting, Wood Floors, Floor Plan - Open
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 4
  • Basement: Yes
  • Laundry Type: Has Laundry, Upper Floor
  • Total Sq Ft: 4642
  • Living Area Sq Ft: 4642
  • Price Per Sq Ft: 305.94
  • Above Grade Finished Sq Ft: 3432
  • Below Grade Finished Sq Ft: 1210
  • Total Below Grade Sq Ft: 1210
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • 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
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Roof: Shingle
  • Water Access Features: Private Access, Canoe/Kayak, Boat - Powered, Fishing Allowed, Swimming Allowed
  • 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: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Club House, Common Grounds, Picnic Area, Tot Lots/Playground, Water/Lake Privileges, Basketball Courts
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BROADNECK
  • High School: BROADNECK
  • Middle Or Junior School: MAGOTHY RIVER

Lot Info

  • Lot Size Acres: 1.47
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 64000.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9500.00
  • Assessor Parcel Number: 020374915766800
  • Tax Lot: 200
  • County Tax Payment Frequency: Annually
  • 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
Jun 3, 2023
Closed on
Jul 17, 2023
Sold by
Martino Christopher A and Martino Laura E
Bought by
Prindle Timothy L and Prindle Rachel E
Seller's Agent
David Orso
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
June Steinweg
Long & Foster Real Estate, Inc.
List Price
$1,050,000
Sold Price
$1,050,000
Views
27
Current Estimated Value
$1,238,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,880
Avg. Annual Appreciation
6.81%
Original Mortgage
$640,000
Outstanding Balance
$624,505
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$614,375

Purchase Details

Listed on
Aug 28, 2015
Closed on
Oct 15, 2015
Sold by
Robison Matthew Lloyd
Bought by
Martino Christopher A and Martino Laura E
Seller's Agent
Katy Kelley
Long & Foster Real Estate, Inc.
Buyer's Agent
Kimberly McGrath
Compass
List Price
$819,000
Sold Price
$780,000
Premium/Discount to List
-$39,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%
Original Mortgage
$725,090
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Listed on
Jun 13, 2012
Closed on
Jun 20, 2013
Sold by
Moeller William P and Moeller Sharon E
Bought by
Robison Matthew Lloyd
Seller's Agent
Mary Ann Zaruba
RE/MAX Executive
Buyer's Agent
Angela Hays
Compass
List Price
$244,500
Sold Price
$236,000
Premium/Discount to List
-$8,500
-3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.41%
Original Mortgage
$477,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2011
Sold by
Jones Philip J
Bought by
Moeller William P and Moeller Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2011
Sold by
Jones Philip J
Bought by
Moeller William P and Moeller Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage
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
Prindle Timothy L $1,050,000 None Listed On Document
Martino Christopher A $780,000 Maryland Tr Title & Escrow
Robison Matthew Lloyd $236,000 Advantage Title Company
Moeller William P $225,000 --
Moeller William P $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prindle Timothy L $640,000
Previous Owner Martino Christopher A $725,090
Previous Owner Robison Matthew Lloyd $477,000
Previous Owner Moeller William P $225,000
Previous Owner Moeller William P $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2023 07/17/23 Sold $1,050,000 0.0% $226 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
06/05/2023 06/05/23 Off Market $1,050,000 -- --
06/03/2023 06/03/23 For Sale $1,050,000 +34.6% $226 / Sq Ft
10/15/2015 10/15/15 Sold $780,000 -4.8% $751 / Sq Ft View Prior Sale
09/06/2015 09/06/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $819,000 +247.0% $789 / Sq Ft
06/21/2013 06/21/13 Sold $236,000 -3.5% $227 / Sq Ft View Prior Sale
03/04/2013 03/04/13 Pending -- -- --
06/13/2012 06/13/12 For Sale $244,500 -- $236 / 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 $10,160 $826,300 -- --
2024 $10,160 $876,500 $408,000 $468,500
2023 $9,990 $876,500 $408,000 $468,500
2022 $9,412 $876,500 $408,000 $468,500
2020 $9,019 $842,933 $0 $0
2019 $8,648 $795,067 $0 $0
2018 $7,577 $747,200 $296,000 $451,200
2017 $8,057 $747,200 $0 $0
2016 -- $747,200 $0 $0
2015 -- $810,500 $0 $0
2014 -- $353,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2060850

Bright MLS

APN: 03-749-15766800