NOT LISTED FOR SALE

979A Magothy Ave Arnold, MD 21012

Estimated Value: $1,156,000 - $2,221,000

2 Beds
4 Baths
4,590 Sq Ft
$401/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $1,600,000 $349 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,781/month

74 Days on Market

Highlights

  • 2 Dock Slips
  • Pier
  • Home fronts navigable water
  • Magothy River Middle School Rated A-
  • Guest House
  • Heated Spa

About This Home

As of March 2021

Custom Home Builders own home. This property has spectacular views across the Magothy River looking at Gibson Island and the Chesapeake Bay to the Eastern Shore. Big Water Views! With Private 3 Bedroom remodeled guest house with 2 Baths and a den that generates $2500. per month. This home was completely remodeled and expanded in 2016. Featuring roof top heated swimming pool, (12 x 18 ft.) hot tub, tiki bar and elevator. Second floor master suite with exquisite bath, huge walk in closet and electric window blinds. There is a whole house generator, fire suppression system, lawn irrigation, landscape lighting, tankless water heater, constant pressure water pump, insulation is all spray foam, water treatment system, 2 gas fireplaces, beautifully finished 2 car garage and so much more.

Last Agent to Sell the Property

Glenn Sutton

(410) 507-4370 gsutton@ttrsir.com TTR Sotheby's International Realty Listed on: 10/09/2020

TTR Sotheby's International Realty

Last Buyer's Agent

Glenn Sutton

(410) 507-4370 gsutton@ttrsir.com TTR Sotheby's International Realty Listed on: 10/09/2020

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,943

Year Built

  • Built in 1935

Lot Details

  • 0.71 Acre Lot
  • Home fronts navigable water
  • Board Fence
  • Level Lot
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned R2

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Driveway

Property Views

  • Bay
  • River

Home Design

  • Coastal Architecture
  • Advanced Framing
  • Spray Foam Insulation
  • Architectural Shingle Roof
  • Cement Siding
  • HardiePlank Type

Interior Spaces

  • 4,590 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Laundry on upper level

Bedrooms and Bathrooms

  • 2 Bedrooms

Pool

  • Heated Spa
  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Water Access
  • River Nearby
  • Bulkhead
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Exterior Lighting
  • Storage Shed
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • Septic Tank

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Guest House

Community Details

  • No Home Owners Association
  • Built by Lauer
  • Shore Acres Subdivision

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 020374916433900

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,943

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2020-10-13
  • Federal Flood Zone: No
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 4590
  • Living Area Sq Ft: 4590
  • Price Per Sq Ft: 369.28
  • Above Grade Finished Sq Ft: 4590
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Guest House, Storage Barn/Shed
  • Construction Materials: Advanced Framing, Cement Siding, Spray Foam Insulation, Hardiplank Type
  • Exterior Features: Exterior Lighting, Hot Tub, Lawn Sprinkler, Outbuilding(s), Outside Shower
  • Pool Features: Heated
  • Roof: Architectural Shingle
  • Spa Features: Heated
  • Spa: Yes
  • View: Bay, River
  • Water Access: Yes
  • Water Body Name: Magothy River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • 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, Energy Star Cooling System
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Central, Energy Star Heating System, Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric, Propane, Tankless
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Board
  • Improvement Assessed Value: 584400.00
  • Land Assessed Value: 528900.00
  • Lot Features: Bulkheaded, Level
  • Lot Size Acres: 0.71
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 30925.00
  • Property Condition: Excellent
  • Zoning: R2
  • In City Limits: No

Building Info

  • Builder Name: Lauer

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 26400.00
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15252745
  • Tax Annual Amount: 11943.00
  • Assessor Parcel Number: 020374916433900
  • Tax Lot: 59
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

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
Oct 9, 2020
Closed on
Mar 8, 2021
Sold by
Lauer John B and Blanchard Corinne
Bought by
Bratten James H and Bratten Lucindy
Seller's Agent
Glenn Sutton
TTR Sotheby's International Realty
Buyer's Agent
Glenn Sutton
TTR Sotheby's International Realty
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%
Current Estimated Value
$1,859,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,453
Avg. Annual Appreciation
2.92%
Original Mortgage
$800,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2016
Sold by
Lauer John B
Bought by
Lauer John B and Blanchard Corinne

Purchase Details

Closed on
Mar 23, 2015
Sold by
Kidd Charles G and Kalinich Mathilde D
Bought by
Lauer John B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bratten James H $1,600,000 None Available
Lauer John B $400,000 Attorney
Lauer John B $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bratten James H $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2021 03/08/21 Sold $1,600,000 -5.6% $349 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $1,695,000 -- $369 / 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 $13,844 $1,424,133 -- --
2024 $13,844 $1,301,800 $663,900 $637,900
2023 $13,412 $1,238,967 $0 $0
2022 $12,469 $1,176,133 $0 $0
2020 $8,036 $1,113,300 $528,900 $584,400
2019 $6,579 $1,113,300 $528,900 $584,400
2018 $12,116 $1,194,900 $583,900 $611,000
2017 $7,902 $1,130,300 $0 $0
2016 -- $726,267 $0 $0
2015 -- $692,100 $0 $0
2014 -- $692,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA449134

Bright MLS

APN: 03-749-16433900