NOT LISTED FOR SALE

971 Magothy Ave Arnold, MD 21012

Estimated Value: $1,477,000 - $1,659,000

4 Beds
2.5 Baths
3,072 Sq Ft
$496/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $1,100,000 $358 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $8,814/month

Highlights

  • 150 Feet of Waterfront
  • 1 Boat Dock
  • Private Pool
  • Magothy River Middle School Rated A-
  • Pier
  • Eat-In Gourmet Kitchen

About This Home

As of May 2012

Enjoy spectacular views of the Magothy River. This remodeled 2 story home is perfectly situated on 1.17 acre of privacy. Home features eat in modern kitchen, formal dining area, study, expansive great room w/fireplace and a wall of windows, scenic master retreat, amazing lot includes inground pool, lush landscape, spacious decking w/waterside gazebo, private pier and direct access to the Bay!

Last Agent to Sell the Property

John Collins

(410) 693-6000 John@johncollinsgroup.com Long & Foster Real Estate, Inc. License #89163 Listed on: 02/01/2012

Long & Foster Real Estate, Inc.

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

  • $9,809

Year Built

  • Built in 1930

Lot Details

  • 1.17 Acre Lot
  • 150 Feet of Waterfront
  • Home fronts navigable water
  • Property is in very good condition
  • Property is zoned R1

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Ceiling Fan
  • 2 Fireplaces
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Family Room
  • Dining Room
  • Wood Flooring
  • Water Views
  • Basement
  • Exterior Basement Entry
  • Washer

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Private Pool
  • Pier
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Gazebo

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Septic Tank

Community Details

  • No Home Owners Association
  • Shore Acres Subdivision

Listing and Financial Details

  • Tax Lot 55R
  • Assessor Parcel Number 020374916087465

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,809

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1930
  • Remarks Public: Enjoy spectacular views of the Magothy River. This remodeled 2 story home is perfectly situated on 1.17 acre of privacy. Home features eat in modern kitchen, formal dining area, study, expansive great room w/fireplace and a wall of windows, scenic master retreat, amazing lot includes inground pool, lush landscape, spacious decking w/waterside gazebo, private pier and direct access to the Bay!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Microwave, Oven - Double, Oven - Wall, Refrigerator, Stove, Washer, Water Conditioner - Owned
  • Interior Amenities: Kitchen - Gourmet, Dining Area, Kitchen - Eat-In, Built-Ins, Window Treatments, Primary Bath(s), Upgraded Countertops, Wood Floors, Floor Plan - Traditional
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Great Room
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Living Area Units: Square Feet
  • Street Number Modifier: 971

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Gazebo
  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Roof: Asphalt
  • View: Water
  • Water Access: Yes
  • Water Body Name: MAGOTHY RIVER
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 150

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 315.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Oil
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 269800.00
  • Land Assessed Value: 659200.00
  • Lot Size Acres: 1.17
  • Lot Size Area: 51142
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 51142.00
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15252743
  • Tax Annual Amount: 9809.38
  • Assessor Parcel Number: 020374916087465
  • Tax Lot: 55R
  • Tax Total Finished Sq Ft: 3072
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 05/31/2012

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2015
Sold by
Fromal Patrick G and Fromal Kimberley S
Bought by
Fromal Patrick G and Fromal Kimberley A
Current Estimated Value
$1,525,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$819,000
Outstanding Balance
$627,318
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$897,766

Purchase Details

Listed on
Feb 1, 2012
Closed on
May 23, 2012
Sold by
Feather James K and Feather Shelagh Jane
Bought by
Fromal Patrick G and Fromal Kimberley S
Seller's Agent
John Collins
Long & Foster Real Estate, Inc.
Buyer's Agent
June Steinweg
Long & Foster Real Estate, Inc.
List Price
$1,275,000
Sold Price
$1,100,000
Premium/Discount to List
-$175,000
-13.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%
Original Mortgage
$880,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 1998
Sold by
Hough Ruth M
Bought by
Feather James K and Feather Shelagh J

Purchase Details

Closed on
Nov 9, 1995
Sold by
Hough Thomas H
Bought by
Hough Ruth M
Source: Public Records

Range of Values:

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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
Fromal Patrick G -- None Available
Fromal Patrick G $1,100,000 Title Resources Guaranty Co
Feather James K $450,000 --
Hough Ruth M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fromal Patrick G $819,000
Closed Fromal Patrick G $880,000
Closed Feather James K --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2012 05/31/12 Sold $1,100,000 -13.7% $358 / Sq Ft
02/19/2012 02/19/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $1,275,000 -- $415 / 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 $9,784 $1,048,067 -- --
2024 $9,784 $993,500 $679,200 $314,300
2023 $9,491 $921,433 $0 $0
2022 $8,839 $849,367 $0 $0
2021 $17,226 $777,300 $539,200 $238,100
2020 $8,578 $777,300 $539,200 $238,100
2019 $8,586 $777,300 $539,200 $238,100
2018 $9,066 $894,100 $597,200 $296,900
2017 $8,732 $855,033 $0 $0
2016 -- $815,967 $0 $0
2015 -- $776,900 $0 $0
2014 -- $776,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003835430

Bright MLS

APN: 03-749-16087465