NOT LISTED FOR SALE

987 Forest Dr Arnold, MD 21012

Estimated Value: $822,725 - $982,000

3 Beds
2 Baths
2,027 Sq Ft
$441/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $776,000 $383 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,229/month

19 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Boat Ramp
  • Beach
  • Magothy River Middle School Rated A-
  • 2 Dock Slips
  • Public Beach

About This Home

As of December 2021

Price Reduced, do not miss the opportunity to own this amazing waterfront property in the sought-after community of Shore Acres. Tranquil water views are offered from both the front and rear of the home. Enjoy the ease of convenient no-hassle water access to Gibson Island and the Bay Bridge. Keep your boat in one of two slips located on your private pier. There is also a community boat ramp. After a long day of boating, relax or entertain in your beautifully renovated 3 Bedroom 2 Full Bath home. The updated Primary Bedroom is your own personal retreat after a long day of fun in the sun. The remodeled Kitchen makes entertaining a delight with updated appliances and ample storage. No need to worry about trying to get sand and dirt off your carpets, hardwood floors offer beauty and help make cleaning less burdensome. No need to sweat the small stuff thanks to the updated HVAC system. Other updates include a new Septic System that was updated in 2021. Envision yourself living in your own personal retreat. Book your appointment today!

Last Agent to Sell the Property

Bob Chew

(410) 995-9600 brg@bobandronna.com Samson Properties License #0225277244 Listed on: 10/06/2021

Samson Properties

Co-Listed By

Brendon Twilley

(443) 902-0218 btwilley@kw.com The KW Collective

Last Buyer's Agent

Jim Wilhelm

(410) 279-0965 james.wilhelm@exprealty.com EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,471

Year Built

  • Built in 1957 | Remodeled in 2020

Lot Details

  • 0.32 Acre Lot
  • 40 Feet of Waterfront
  • Home fronts navigable water
  • Public Beach
  • Back and Front Yard
  • Property is in excellent condition
  • Property is zoned R2

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Cottage
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Brick Fireplace
  • Vinyl Clad Windows
  • Combination Dining and Living Room
  • Water Views
  • Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Laundry in Basement
  • Basement with some natural light

Accessible Home Design

  • Ramp on the main level

Outdoor Features

  • Canoe or Kayak Water Access
  • Public Water Access
  • River Nearby
  • Bulkhead
  • Swimming Allowed
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Powered Boats Permitted

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 159
  • Assessor Parcel Number 020374932594900

Community Details

Overview

  • No Home Owners Association
  • Shore Acres Subdivision

Amenities

  • Clubhouse
  • Party Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,471

Year Built

Built in 1957 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod, Cottage
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-10-22
  • Year Built: 1957
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Traditional, Wood Floors
  • Window Features: Vinyl Clad
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 3, Kitchen, Basement
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Fully Finished, Heated, Improved, Rear Entrance, Walkout Stairs
  • Laundry Type: Basement
  • Total Sq Ft: 2027
  • Living Area Sq Ft: 2027
  • Price Per Sq Ft: 708.96
  • Above Grade Finished Sq Ft: 1127
  • Below Grade Finished Sq Ft: 900
  • Total Below Grade Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Composite
  • View: Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Public Access, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 40

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Boat Ramp, Club House, Party Room, Tot Lots/Playground
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BROADNECK
  • High School: BROADNECK
  • Middle Or Junior School: MAGOTHY RIVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 93000.00
  • Land Assessed Value: 455900.00
  • Lot Features: Bulkheaded, Front Yard, Rear Yard
  • Lot Size Acres: 0.32
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13800.00
  • Property Condition: Excellent
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15252846
  • Tax Annual Amount: 7471.00
  • Assessor Parcel Number: 020374932594900
  • Tax Lot: 159
  • 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

Closed on
Nov 28, 2022
Sold by
Wilhelm James W
Bought by
Wilhelm James W and Andwood Renee M
Current Estimated Value
$893,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Outstanding Balance
$547,892
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$345,789

Purchase Details

Listed on
Oct 6, 2021
Closed on
Dec 29, 2021
Sold by
Zachary Stanovich Micah
Bought by
Wilhelm James W
Seller's Agent
Bob Chew
Samson Properties
Buyer's Agent
Jim Wilhelm
EXP Realty, LLC
List Price
$849,900
Sold Price
$776,000
Premium/Discount to List
-$73,900
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.54%
Original Mortgage
$550,000
Interest Rate
3.05%
Mortgage Type
Construction

Purchase Details

Listed on
May 30, 2019
Closed on
Aug 29, 2019
Sold by
Ruth Ann Watkins Revocable Living Trust
Bought by
Stanovich Micah Zachary and Fisher Kelly Marie
Seller's Agent
Rene Huxta May
May Realty
Buyer's Agent
Brendon Twilley
The KW Collective
List Price
$489,900
Sold Price
$485,000
Premium/Discount to List
-$4,900
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.24%
Original Mortgage
$436,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2002
Sold by
Watkins A L
Bought by
Watkins A L A and Watkins A R
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
Wilhelm James W $290,000 None Listed On Document
Wilhelm James W $290,000 None Listed On Document
Wilhelm James W $776,000 Charter Title
Stanovich Micah Zachary $485,000 Crown Title Corporation
Watkins A L A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilhelm James W $565,000
Closed Wilhelm James W $565,000
Previous Owner Wilhelm James W $550,000
Previous Owner Stanovich Micah Zachary $436,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2021 12/29/21 Sold $776,000 0.0% $383 / Sq Ft
10/26/2021 10/26/21 Off Market $776,000 -- --
10/25/2021 10/25/21 Pending -- -- --
10/14/2021 10/14/21 Price Changed $799,000 -6.0% $394 / Sq Ft
10/06/2021 10/06/21 For Sale $849,900 +75.2% $419 / Sq Ft
08/29/2019 08/29/19 Sold $485,000 -1.0% $430 / Sq Ft View Prior Sale
07/13/2019 07/13/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $489,900 -- $435 / 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 $7,229 $664,367 -- --
2024 $7,229 $608,800 $455,900 $152,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2011980

Bright MLS

APN: 03-749-32594900