$506,000
SOLD JUN 24, 2016

987 Shore Acres Rd Arnold, MD 21012

4 Beds
2.5 Baths
1,996 Sq Ft
0.88 Acres

Recently Sold

$254 Per Sq Ft

1% Above List Price

11 Days on Market

Highlights

  • Boat Ramp
  • 1 Boat Dock
  • Beach
  • Magothy River Middle School Rated A-
  • Water Views
  • Boat or Launch Ramp

About This Home

As of November 2020

Pure Perfection in this lovely Waterview contemporary home on .88 wooded acres*Custom quality features thruout*Hardwds main level*Newer carpet lower level*Updated baths*Generator*Roof 2015*Cath Ceiling in liv rm,din rm,kitchen*HVAC 2008*Inground pool 16x32 w/diving board,hardscape,bath house*Inground pool w/diving board,renovated 2013 Pella stove*Awesome landscaping*Jetted tub*Fixtures updated

Last Agent to Sell the Property

Bev Langley

Coldwell Banker Realty Listed on: 04/14/2016

Coldwell Banker Realty

Last Buyer's Agent

Gregory Welsh

Iron Valley Real Estate Ocean City

Iron Valley Real Estate Ocean City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,367

Year Built

  • Built in 1978 | Remodeled in 2010

Lot Details

  • 0.88 Acre Lot
  • Sandy Beach
  • Back Yard Fenced
  • Extensive Hardscape
  • Property is zoned R1

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Plywood Siding Panel T1-11

Interior Spaces

  • Property has 2 Levels
  • Built-In Features
  • Cathedral Ceiling
  • Wood Burning Stove
  • Fireplace Mantel
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Water Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms
  • <<bathWithWhirlpoolToken>>

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Side Basement Entry
  • Sump Pump
  • Workshop
  • Basement Windows

Pool

  • Cabana
  • In Ground Pool

Outdoor Features

  • Water Access
  • River Nearby
  • Boat or Launch Ramp
  • Boat Ramp
  • 1 Boat Dock
  • Stream or River on Lot
  • Deck
  • Patio
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 273
  • Assessor Parcel Number 020374990016231
  • $480 Front Foot Fee per year

Community Details

Overview

  • No Home Owners Association
  • Shore Acres Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,367

Year Built

Built in 1978 | Remodeled in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1978
  • Year Renovated: 2010
  • Remarks Public: Pure Perfection in this lovely Waterview contemporary home on .88 wooded acres*Custom quality features thruout*Hardwds main level*Newer carpet lower level*Updated baths*Generator*Roof 2015*Cath Ceiling in liv rm,din rm,kitchen*HVAC 2008*Inground pool 16x32 w/diving board,hardscape,bath house*Inground pool w/diving board,renovated 2013 Pella stove*Awesome landscaping*Jetted tub*Fixtures updated
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Interior Amenities: Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Entry Level Bedroom, Built-Ins, Upgraded Countertops, Window Treatments, Whirlpool/Hottub, Wood Floors, Stove - Wood
  • Window Features: Double Pane, Screens
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: Cathedral Ceilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Side Entrance, Sump Pump, Daylight, Partial, Full, Heated, Improved, Partially Finished, Walkout Level, Windows, Workshop
  • Living Area Units: Square Feet
  • Total Sq Ft: 1996
  • Living Area Sq Ft: 1996
  • Price Per Sq Ft: 423.08
  • Above Grade Finished Sq Ft: 1196
  • Below Grade Finished Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 987

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Cabana/Pool House, Shed
  • Construction Materials: T-1-11
  • Dock Type: Ramp
  • Exterior Features: Extensive Hardscape, Sidewalks
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: MAGOTHY RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway, Paved Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Detached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: BROADNECK
  • Middle School: MAGOTHY RIVER
  • High School: BROADNECK
  • School District Key: 121140671932
  • Elementary School: BROADNECK
  • High School: BROADNECK
  • Middle Or Junior School: MAGOTHY RIVER

Lot Info

  • Fencing: Partially, Rear
  • Improvement Assessed Value: 202000.00
  • Land Assessed Value: 190600.00
  • Lot Size Acres: 0.88
  • Lot Size Area: 38472
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 38472.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: No
  • Year Assessed: 2016
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15252888
  • Tax Annual Amount: 4366.59
  • Assessor Parcel Number: 020374990016231
  • Tax Lot: 273
  • Tax Total Finished Sq Ft: 1196
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 06/24/2016

Multi Family

  • Dock Slip Conveyance: None Available
  • Front Foot Fee: 480.00
  • Mean Low Water Feet: 4
  • Waterfront Features: Boat/Launch Ramp, Sandy Beach

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Nov 12, 2020
Sold by
Kendall Raymond P and Lin Hsin Yi
Bought by
Whorton William and Green Amy
Seller's Agent
Bonnie Wolfe
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Andrea Harrison
Keller Williams Lucido Agency
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$732,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,024
Avg. Annual Appreciation
7.41%
Original Mortgage
$491,452
Outstanding Balance
$442,282
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$289,742

Purchase Details

Listed on
Apr 14, 2016
Closed on
Jun 24, 2016
Sold by
Divine Rodney L and Divine Margaret S
Bought by
Kendall Raymond P and Lin Hsin Yi
Seller's Agent
Bev Langley
Coldwell Banker Realty
Buyer's Agent
Gregory Welsh
Iron Valley Real Estate Ocean City
List Price
$499,500
Sold Price
$506,000
Premium/Discount to List
$6,500
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.84%
Original Mortgage
$480,700
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 1982
Bought by
Divine Rodney L and Divine Margaret S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
17.04%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $525,000 Lakeside Title Company
Deed $506,000 Homeland Title & Escrow Ltd
Deed $87,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $19,720 FHA
Open $491,452 FHA
Previous Owner $480,700 New Conventional
Previous Owner $67,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $525,000 0.0% $250 / Sq Ft
09/09/2020 09/09/20 For Sale $525,000 0.0% $250 / Sq Ft
08/31/2020 08/31/20 Off Market $525,000 -- --
06/24/2016 06/24/16 Sold $506,000 0.0% $254 / Sq Ft
05/12/2016 05/12/16 Price Changed $506,000 +1.3% $254 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $499,500 -- $250 / 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
2024 $5,972 $494,000 $252,600 $241,400
2023 $5,870 $488,667 $0 $0
2022 $5,541 $483,333 $0 $0
2021 $10,971 $478,000 $267,600 $210,400
2020 $5,149 $449,533 $0 $0
2019 $3,481 $421,067 $0 $0
2018 $3,981 $392,600 $190,600 $202,000
2017 $3,165 $392,600 $0 $0
2016 -- $392,600 $0 $0
2015 -- $393,100 $0 $0
2014 -- $376,567 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001300215

Bright MLS

APN: 03-749-90016231