$525,000
SOLD NOV 12, 2020

987 Shore Acres Rd Arnold, MD 21012

4 Beds
3 Baths
2,096 Sq Ft
0.88 Acres

Recently Sold

$250 Per Sq Ft

1 Day on Market

Highlights

  • Boat Ramp
  • 1 Boat Dock
  • Pier
  • Magothy River Middle School Rated A-
  • Beach
  • Home fronts navigable water

About This Home

As of November 2020

PERFECT HOME for our New Normal! Stay at Home and enjoy the inground swimming pool . The pool house is complete with a kitchenette and half bath! Oversized 2 car garage / man-cave for Dad's space! Huge yard for Stay at Home Playtime! Inside you'll find a beautifully renovated kitchen, and a Pottery Barn feel throughout. Large family room has woodburning fireplace insert, and lots of space for Home Schooling work stations. Large 4th bedroom / multi-purpose room in the lower level is pictured as an exercise space for the whole family and will easily accommodate 2 Work from Home office spaces. A full bath to change when coming in from the pool is adjacent to the 4th bedroom. It gets better.... Live the Chesapeake Lifestyle with the beautiful beach, boat launch, and kayak storage at the end of Shore Acres Rd.

Last Agent to Sell the Property

Bonnie Wolfe

Berkshire Hathaway HomeServices PenFed Realty License #71010 Listed on: 08/31/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Andrea Harrison

Keller Williams Lucido Agency

Keller Williams Lucido Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,706

Year Built

  • Built in 1978

Lot Details

  • 0.88 Acre Lot
  • Home fronts navigable water
  • Public Beach
  • Privacy Fence
  • Landscaped
  • Extensive Hardscape
  • Open Lot
  • Partially Wooded Lot
  • Property is in excellent condition
  • Property is zoned R1

Parking

  • 2 Car Detached Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Front Facing Garage

Home Design

  • Split Foyer

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • Brick Fireplace
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Pool

  • Cabana
  • In Ground Pool
  • Poolside Lot

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Swimming Allowed
  • 1 Boat Dock
  • Dock made with Treated Lumber
  • Powered Boats Permitted
  • Deck
  • Patio
  • Outbuilding

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

Community Details

Overview

  • No Home Owners Association
  • $45 Recreation Fee
  • Shore Acres Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Beach
  • Volleyball Courts
  • Community Playground
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,706

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2020-09-02
  • Year Built: 1978
  • Automatically Close On Close Date: No
  • Remarks Public: PERFECT HOME for our New Normal! Stay at Home and enjoy the inground swimming pool . The pool house is complete with a kitchenette and half bath! Oversized 2 car garage / man-cave for Dad's space! Huge yard for Stay at Home Playtime! Inside you'll find a beautifully renovated kitchen, and a Pottery Barn feel throughout. Large family room has woodburning fireplace insert, and lots of space for Home Schooling work stations. Large 4th bedroom / multi-purpose room in the lower level is pictured as an exercise space for the whole family and will easily accommodate 2 Work from Home office spaces. A full bath to change when coming in from the pool is adjacent to the 4th bedroom. It gets better.... Live the Chesapeake Lifestyle with the beautiful beach, boat launch, and kayak storage at the end of Shore Acres Rd.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range Hood, Refrigerator, Washer, Water Heater, Oven/Range - Gas
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Primary Bath(s), Wood Floors, Carpet, Ceiling Fan(s), Dining Area, Skylight(s), Stall Shower, Tub Shower
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Walkout Level
  • Total Sq Ft: 2296
  • Living Area Sq Ft: 2096
  • Price Per Sq Ft: 438.96
  • Above Grade Finished Sq Ft: 1196
  • Below Grade Finished Sq Ft: 900
  • Below Grade Sq Ft: 200
  • Total Below Grade Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 987

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Cabana/Pool House
  • Exterior Features: Extensive Hardscape, Outbuilding(s)
  • Pool Features: In Ground
  • Water Access Features: Canoe/Kayak, Public Beach, Swimming Allowed, Waterski/Wakeboard, Boat - Powered, Fishing Allowed, Personal Watercraft (PWC), Private Access
  • Water Access: Yes
  • Water Body Name: Magothy
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • 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: Beach, Boat Ramp, Club House, Tot Lots/Playground, Volleyball Courts, Picnic Area
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 45.00
  • Association Recreation Fee: Yes

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: BROADNECK
  • Middle School: MAGOTHY RIVER
  • High School: BROADNECK
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140671932
  • 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

  • Fencing: Privacy
  • Improvement Assessed Value: 210400.00
  • Land Assessed Value: 267600.00
  • Land Use Code: 011
  • Lot Features: Landscaping, Poolside, Open, Partly Wooded
  • Lot Size Acres: 0.88
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 38472.00
  • Outdoor Living Structures: Patio(s), Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15252888
  • Tax Annual Amount: 4706.00
  • Assessor Parcel Number: 020374990016231
  • Tax Lot: 273
  • Tax Total Finished Sq Ft: 1796
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 11/12/2020

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
7.33%
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: MDAA441440

Bright MLS

APN: 03-749-90016231