Seller's Agent in 2020
Rene Huxta May
May Realty
(410) 533-1726
11 in this area
27 Total Sales
957 Magothy Ave Arnold, MD 21012
Estimated Value: $967,000 - $1,148,000
3
Beds
2.5
Baths
2,280
Sq Ft
$462/Sq Ft
Est. Value
Highlights
- Boat Ramp
- Private Dock Site
- Canoe or Kayak Water Access
- Magothy River Middle School Rated A-
- Home fronts navigable water
- Fishing Allowed
About This Home
As of October 2020Significant Price Reduction! Great Opportunity for one of the best views on the Magothy! Exceptional Magothy River and Chesapeake Bay views, spectacular morning sunrises. This property offers over 2200 sq. ft. of living space with two car garage, private pier, a charming detached direct waterfront screened porch with storage underneath to accommodate kayaks, paddle boards, boating gear AND an out building that with some TLC could be a great she shed or man cave, endless possibilities. Shore Acres has a Voluntary HOA, amenities include a boat ramp, club house, playground, basketball court and beautiful waterfront picnic area. This property has huge potential!
Last Agent to Sell the Property
(410) 533-1726 rene.mayrealty@outlook.com May Realty Listed on: 06/09/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,661
Year Built
- Built in 1945
Lot Details
- 0.58 Acre Lot
- Home fronts navigable water
- Property is zoned R2
Parking
- Driveway
Home Design
- Cottage
- Wood Siding
Interior Spaces
- 2,280 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- 2 Fireplaces
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Outdoor Features
- Canoe or Kayak Water Access
- Private Water Access
- River Nearby
- Waterski or Wakeboard
- Swimming Allowed
- Private Dock Site
- Powered Boats Permitted
Utilities
- Forced Air Heating and Cooling System
- Well
- Electric Water Heater
- On Site Septic
Listing and Financial Details
- Tax Lot 48
- Assessor Parcel Number 020374908923600
Community Details
Overview
- No Home Owners Association
- Shore Acres Subdivision
Amenities
- Picnic Area
- Clubhouse
- Party Room
Recreation
- Boat Ramp
- Community Basketball Court
- Community Playground
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2020
Closed on
Oct 13, 2020
Sold by
Norris John C
Bought by
Huppert Martin
Seller's Agent
Rene Huxta May
May Realty
Buyer's Agent
Joan Stansfield
Samson Properties
List Price
$950,000
Sold Price
$785,000
Premium/Discount to List
-$165,000
-17.37%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,446
Avg. Annual Appreciation
5.99%
Original Mortgage
$520,950
Outstanding Balance
$462,513
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$589,933
Purchase Details
Closed on
Apr 17, 2007
Sold by
Norris John C
Bought by
Norris John C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.19%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Apr 5, 2007
Sold by
Norris John C
Bought by
Norris John C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.19%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
May 24, 1995
Sold by
Broughton Dorothy M
Bought by
Norris John C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
8.33%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Huppert Martin | $785,000 | Double Eagle Title | |
| Norris John C | -- | -- | |
| Norris John C | -- | -- | |
| Norris John C | $280,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Huppert Martin | $520,950 | |
| Previous Owner | Norris John C | $417,000 | |
| Previous Owner | Norris John C | $417,000 | |
| Previous Owner | Norris John C | $196,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/13/2020 10/13/20 | Sold | $785,000 | -7.6% | $344 / Sq Ft |
| 08/17/2020 08/17/20 | Pending | -- | -- | -- |
| 08/05/2020 08/05/20 | Price Changed | $849,900 | +0.1% | $373 / Sq Ft |
| 08/05/2020 08/05/20 | Price Changed | $849,000 | -5.6% | $372 / Sq Ft |
| 07/08/2020 07/08/20 | Price Changed | $899,000 | -5.4% | $394 / Sq Ft |
| 06/09/2020 06/09/20 | For Sale | $950,000 | -- | $417 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,657 | $1,783,900 | -- | -- |
| 2024 | $7,657 | $647,900 | $636,600 | $11,300 |
| 2023 | $10,337 | $897,700 | $0 | $0 |
| 2022 | $8,855 | $800,500 | $0 | $0 |
| 2021 | $15,659 | $703,300 | $496,600 | $206,700 |
| 2020 | $5,483 | $703,300 | $496,600 | $206,700 |
| 2019 | $10,727 | $703,300 | $496,600 | $206,700 |
| 2018 | $8,312 | $819,700 | $554,600 | $265,100 |
| 2017 | $5,119 | $780,933 | $0 | $0 |
| 2016 | -- | $742,167 | $0 | $0 |
| 2015 | -- | $703,400 | $0 | $0 |
| 2014 | -- | $703,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rene Huxta May
-
Rich May
Seller Co-Listing Agent in 2020
Rich May
May Realty
(410) 919-3971
6 in this area
41 Total Sales
-
Joan Stansfield
Buyer's Agent in 2020
Joan Stansfield
Samson Properties
(703) 505-3898
1 in this area
222 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA436604
APN: 03-749-08923600
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