NOT LISTED FOR SALE

977 Phillips Dr Arnold, MD 21012

Estimated Value: $1,962,000 - $2,377,000

4 Beds
5.5 Baths
5,276 Sq Ft
$406/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $1,850,000 $351 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,217/month

Highlights

  • 30 Feet of Waterfront
  • 2 Dock Slips
  • Spa
  • Magothy River Middle School Rated A-
  • Pier
  • Eat-In Gourmet Kitchen

About This Home

As of June 2022

Impeccable Waterfront home located on Deep Creek to the Magothy River! This home has incredible indoor and outdoor spaces for entertaining and living a luxurious, waterfront lifestyle. Relax on the patio, which is equipped for TV capability, or spend evenings in the hot tub overlooking the water. The level, cleared backyard is the perfect space for outdoor games or hosting BBQs, and the lot will stay lush with the installed irrigation system. Step inside to an expansive, open floor plan on the main level, featuring a separate room for an office or entry level bedroom with an ensuite full bath, a gorgeous kitchen with an oversized island, two (2) cooling drawers and highly rated kitchen appliances, and a family room surrounded by windows with views of Deep Creek and access to the main level deck. The first upper level consists of three bedrooms and three full baths, two of which have heated floors. The Primary Suite has a large walk-in closet with built-in drawers and vanity, an ensuite bath with a walk in shower and soaking tub, and access to the upper level balcony for tremendous waterfront views. The second upper level has the opportunity for a play room or additional space for family and friends to stay. The lower level is an entertainers dream! The full wet bar features an ice maker, dishwasher, and two (2) beverage fridges. The 100-inch screen and TV projector is the ideal set up for family movie nights or game days. The home gym is surrounded by mirrors on three walls, and connected to an additional storage or cellar room with a wine rack to hold about 300 bottles. It is incredibly difficult to find a waterfront home in a good community that has been updated, with an open backyard, and incredible waterfront access. Look no further....this turnkey, waterfront home is truly one of a kind!

Last Agent to Sell the Property

David Orso

(443) 372-7171 david@davidorso.com Berkshire Hathaway HomeServices PenFed Realty License #631291 Listed on: 05/03/2022

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

John Collins

(410) 693-6000 John@johncollinsgroup.com Long & Foster Real Estate, Inc. License #89163

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,979

Year Built

  • Built in 2015

Lot Details

  • 0.34 Acre Lot
  • 30 Feet of Waterfront
  • Home fronts navigable water
  • Sprinkler System
  • Property is zoned R2

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Permanent Foundation
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Property has 4 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Dining Area
  • Recreation Room
  • Bonus Room
  • Home Gym
  • Wood Flooring
  • Water Views
  • Home Security System

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Spa
  • Pier
  • Access to Tidal Water
  • Private Water Access
  • River Nearby
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Powered Boats Permitted
  • Deck
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Shore Acres Subdivision

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 020374910713900

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,979

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2022-05-03
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Dryer, Oven - Double, Range Hood, Refrigerator, Stainless Steel Appliances, Stove, Washer, Six Burner Stove
  • Interior Amenities: Family Room Off Kitchen, Dining Area, Entry Level Bedroom, Primary Bath(s), Wood Floors, Bar, Built-Ins, Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Wine Storage, Wet/Dry Bar, Walk-In Closet(s), Upgraded Countertops, Stall Shower, Window Treatments
  • Window Features: Screens
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Tray Ceilings, Beamed Ceilings
  • Foundation Details: Permanent
  • Levels Count: 4
  • Room List: Exercise Room, Recreation Room, Bonus Room
  • Basement: Yes
  • Basement Type: Fully Finished, Interior Access, Outside Entrance, Walkout Stairs, Sump Pump
  • Laundry Type: Upper Floor
  • Total Sq Ft: 5276
  • Living Area Sq Ft: 5276
  • Price Per Sq Ft: 501.72
  • Above Grade Finished Sq Ft: 3488
  • Below Grade Finished Sq Ft: 1788
  • Total Below Grade Sq Ft: 1788
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Exterior Features: Hot Tub, Underground Lawn Sprinkler
  • Roof: Composite
  • View: Water
  • Water Access Features: Boat - Powered, Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: DEEP CREEK
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 30

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Central
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 576800.00
  • Land Assessed Value: 613200.00
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.40
  • Outdoor Living Structures: Deck(s)
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15252700
  • Tax Annual Amount: 10979.00
  • Assessor Parcel Number: 020374910713900
  • Tax Lot: 109
  • Tax Page Number: 15
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2022

Multi Family

  • 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
May 3, 2022
Closed on
Jun 17, 2022
Sold by
Payne Andrew J and Payne Laura A
Bought by
Mclean Andrew R and Mclean Meghan D
Seller's Agent
David Orso
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
John Collins
Long & Foster Real Estate, Inc.
List Price
$1,750,000
Sold Price
$1,850,000
Premium/Discount to List
$100,000
5.71%
Current Estimated Value
$2,140,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,947
Avg. Annual Appreciation
4.15%
Original Mortgage
$1,750,000
Outstanding Balance
$1,664,842
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$476,105

Purchase Details

Closed on
May 11, 2004
Sold by
Simei Joseph A
Bought by
Payne Andrew J and Payne Laura A

Purchase Details

Closed on
Jun 12, 1998
Sold by
Sherman Bernard R
Bought by
Simei Joseph A and Simei Lisa A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mclean Andrew R $1,850,000 Capitol Title
Payne Andrew J $630,000 --
Simei Joseph A $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclean Andrew R $1,750,000
Closed Simei Joseph A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $1,850,000 +5.7% $351 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $1,750,000 -- $332 / 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 $13,593 $1,315,500 -- --
2024 $13,593 $1,190,000 $613,200 $576,800
2023 $12,902 $1,132,667 $0 $0
2022 $8,290 $1,075,333 $0 $0
2020 $7,911 $998,033 $0 $0
2019 $15,205 $978,067 $0 $0
2018 $9,715 $958,100 $403,300 $554,800
2017 $7,107 $899,867 $0 $0
2016 -- $841,633 $0 $0
2015 -- $350,200 $0 $0
2014 -- $489,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2031806

Bright MLS

APN: 03-749-10713900