NOT LISTED FOR SALE

988 Stonington Dr Arnold, MD 21012

Estimated Value: $2,722,000 - $4,045,000

6 Beds
4.5 Baths
8,421 Sq Ft
$396/Sq Ft Est. Value

Last Sold December 13, 2013

Last sale price $2,900,000 $344 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $20,031/month

206 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Boat Dock
  • In Ground Pool
  • Magothy River Middle School Rated A-
  • Beach
  • Gourmet Kitchen

About This Home

As of December 2013

Suited for the pages of Architectural Digest, this custom built residence is situated on a high bluff with 180-degree panoramic Magothy River views from nearly every room. Each room & the exterior have undergone significant renovations & systems updated. Extensive mature gardens. New waterside pool. Stonington boasts slips at community marina, beach, tennis, & waterside entertainment area.

Last Agent to Sell the Property

Kathryn Langsner

(410) 458-6335 klangsner@cbmove.com Coldwell Banker Realty License #67358 Listed on: 03/13/2013

Coldwell Banker Realty

Last Buyer's Agent

Brad Kappel

(410) 279-9476 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,940

Year Built

  • Built in 1992 | Remodeled in 2013

Lot Details

  • 0.72 Acre Lot
  • 150 Feet of Waterfront
  • Home fronts navigable water
  • Partially Fenced Property
  • Stone Retaining Walls
  • Electric Fence
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Premium Lot
  • Sprinkler System
  • The property's topography is level
  • Property is in very good condition
  • Property is zoned R2

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • River
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Two Story Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Screen For Fireplace
  • Fireplace Mantel
  • Vinyl Clad Windows
  • Insulated Windows
  • Window Treatments
  • Bay Window
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • Great Room
  • Family Room Overlook on Second Floor
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Office or Studio
  • Library
  • Game Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Built-In Self-Cleaning Double Oven
  • Down Draft Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Trash Compactor
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • Maid or Guest Quarters
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Sump Pump
  • Space For Rooms
  • Basement Windows

Home Security

  • Monitored
  • Flood Lights

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • In Ground Pool
  • Water Access
  • Lake Privileges
  • Deck
  • Patio

Utilities

  • Zoned Heating and Cooling
  • Humidifier
  • Heat Pump System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Underground Utilities
  • Multi-Tank Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 42
  • Assessor Parcel Number 020377390053574

Community Details

Overview

  • Association fees include management, insurance, pier/dock maintenance, reserve funds
  • Stonington Subdivision, Custom Home Floorplan
  • The community has rules related to alterations or architectural changes, covenants

Amenities

  • Picnic Area

Recreation

  • Boat Dock
  • Pier or Dock
  • Beach
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,940

Year Built

Built in 1992 | Remodeled in 2013

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1992
  • Year Renovated: 2013
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop - Down Draft, Dishwasher, Disposal, Dryer - Front Loading, Energy Efficient Appliances, Exhaust Fan, Extra Refrigerator/Freezer, Humidifier, Instant Hot Water, Microwave, Oven - Double, Oven - Self Cleaning, Oven - Wall, Refrigerator, Trash Compactor, Washer
  • Interior Amenities: Breakfast Area, Dining Area, Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Built-Ins, Upgraded Countertops, Crown Moldings, Double/Dual Staircase, Window Treatments, Entry Level Bedroom, Wet/Dry Bar, Wood Floors, Whirlpool/Hottub, Recessed Lighting, Floor Plan - Open
  • Window Features: Bay/Bow, Casement, Vinyl Clad, Insulated, Screens, Skylights
  • Fireplace Features: Equipment, Mantel(s), Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Dry Wall, Tray Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Den, Library, Foyer, Breakfast Room, 2nd Stry Fam Ovrlk, Study, Exercise Room, Great Room, Laundry, Maid/Guest Quarters, Storage Room, Utility Room, Bedroom 6
  • Basement: Yes
  • Basement Type: Connecting Stairway, Sump Pump, Fully Finished, Space For Rooms, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 8421
  • Living Area Sq Ft: 8421
  • Price Per Sq Ft: 556.64
  • Above Grade Finished Sq Ft: 5614
  • Below Grade Finished Sq Ft: 2807
  • Total Below Grade Sq Ft: 2807
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Office/Studio
  • Construction Materials: Stucco
  • Construction Completed: No
  • Exterior Features: Extensive Hardscape, Flood Lights, Sidewalks, Stone Retaining Walls, Underground Lawn Sprinkler
  • Pool Features: In Ground
  • Roof: Shingle
  • View: Water, River, Scenic Vista
  • Water Access: Yes
  • Water Body Name: MAGOTHY RIVER
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 150

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Asphalt Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 315.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s), Programmable Thermostat, Zoned
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Electric, Multi-Tank, Instant Hot Water
  • Security: Monitored, Security System
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available, Dsl Available, Fiber Optics Available, Multiple Phone Lines, Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 600.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Dock/Slip, Picnic Area, Pier/Dock, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Pier/Dock Maintenance, Reserve Funds
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Covenants, Restrictions
  • HOA: Yes

Lot Info

  • Fencing: Electric, Partially
  • Improvement Assessed Value: 814900.00
  • Land Assessed Value: 1398800.00
  • Lot Features: Landscaping, Premium, Private
  • Lot Size Acres: 0.72
  • Lot Size Area: 31501
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 31501.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Topography: Level
  • Zoning: R2

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: None Available

Tax Info

  • Assessor Parcel Number: 15255942
  • Tax Annual Amount: 11940.28
  • Assessor Parcel Number: 020377390053574
  • Tax Lot: 42
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2013
Closed on
Dec 13, 2013
Sold by
Boswell Thomas M and Boswell Wendy W
Bought by
Leavy David C and Leavy Katie
Seller's Agent
Kathryn Langsner
Coldwell Banker Realty
Buyer's Agent
Brad Kappel
TTR Sotheby's International Realty
List Price
$3,250,000
Sold Price
$2,900,000
Premium/Discount to List
-$350,000
-10.77%
Current Estimated Value
$3,336,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,152
Avg. Annual Appreciation
1.18%
Original Mortgage
$2,000,000
Outstanding Balance
$1,420,673
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,915,479

Purchase Details

Closed on
Sep 15, 2005
Sold by
Erson Thomas L
Bought by
Boswell Thomas M and Boswell Wendy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2005
Sold by
Erson Thomas L
Bought by
Boswell Thomas M and Boswell Wendy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 1997
Sold by
Wolf Alan F and Wolf Janet M
Bought by
Anderson Thomas L and Anderson Brenda L

Purchase Details

Closed on
Dec 3, 1991
Sold by
Stonington Ltd Ptnshp
Bought by
Wolf Alan F and Wolf Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,100
Interest Rate
8.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leavy David C $2,900,000 Mid Maryland Title Company I
Boswell Thomas M $2,750,000 --
Boswell Thomas M $2,750,000 --
Anderson Thomas L $1,075,000 --
Wolf Alan F $327,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leavy David C $2,000,000
Previous Owner Boswell Thomas M $1,925,000
Previous Owner Boswell Thomas M $1,925,000
Previous Owner Wolf Alan F $679,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2013 12/13/13 Sold $2,900,000 -7.2% $344 / Sq Ft
10/05/2013 10/05/13 Pending -- -- --
09/11/2013 09/11/13 Price Changed $3,125,000 -3.8% $371 / Sq Ft
03/13/2013 03/13/13 For Sale $3,250,000 -- $386 / 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 $28,983 $2,698,167 -- --
2024 $28,983 $2,601,000 $1,398,800 $1,202,200
2023 $28,667 $2,581,800 $0 $0
2022 $27,209 $2,562,600 $0 $0
2021 $26,992 $2,543,400 $1,398,800 $1,144,600
2020 $26,983 $2,542,600 $0 $0
2019 $27,000 $2,541,800 $0 $0
2018 $25,766 $2,541,000 $1,398,800 $1,142,200
2017 $22,805 $2,200,400 $0 $0
2016 -- $1,859,800 $0 $0
2015 -- $1,519,200 $0 $0
2014 -- $1,519,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003391818

Bright MLS

APN: 03-773-90053574