NOT LISTED FOR SALE

989 Magothy Ave Arnold, MD 21012

Estimated Value: $1,090,632 - $1,347,000

4 Beds
4 Baths
2,010 Sq Ft
$621/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $900,000 $448 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,124/month

24 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Boat Ramp
  • Home fronts navigable water
  • Magothy River Middle School Rated A-
  • 4 Dock Slips
  • Canoe or Kayak Water Access

About This Home

As of June 2020

Not an arms length transactions, for questions contact listing agent. Phenomenal Magothy River and Chesapeake Bay Views, truly unsurpassed. Stunning morning sunrises from your master bedroom balcony. This special property features a spacious yard with paver patio, perfect for dining while enjoying the panoramic view, you'll love the long private pier with boat lift, additional slips and platform for fishing and crabbing, beautiful landscaping along the charming walkway entrance and large rear yard with ample storage shed to accommodate kayaks and paddle boards. Lovingly maintained, this home boasts a beautiful updated kitchen with double wall oven, SS appliances and granite counter tops, a waterside family room with wall of windows, inviting the outdoors in and cozy gas fireplace, a tastefully renovated master bath with marble vanity and sizable shower, updated hall bath with stylish finishes and gorgeous hardwood floors. Another quality that makes this property unique is the detached garage with upstairs guest quarters which includes one bedroom, full bath, living room and separate entrance, ideal for company, an in home office or numerous possibilities. There are 4 bedrooms and 4 full baths total, 3 bedrooms and 3 full baths in the main house and 1 bedroom and 1 full bath in the guest quarters. Click on the video for a Virtual Tour Walkthrough! The voluntary HOA amenities include a boat ramp, club house, playground near property, waterfront picnic area and basketball court. An exceptional opportunity for a special waterfront property.

Last Agent to Sell the Property

Rene Huxta May

(410) 533-1726 rene.mayrealty@outlook.com May Realty Listed on: 04/10/2020

Co-Listed By

Rich May

(410) 919-3971 richardlmay3@gmail.com May Realty

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,587

Year Built

  • Built in 1940

Lot Details

  • 0.41 Acre Lot
  • Home fronts navigable water
  • Extensive Hardscape
  • Level Lot
  • Open Lot
  • Back and Front Yard
  • Property is in very good condition
  • Property is zoned R2

Parking

  • 1 Car Detached Garage
  • 7 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage

Property Views

  • Bay
  • River
  • Panoramic

Home Design

  • Carriage House
  • Cottage
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,010 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Built-In Double Oven
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Sun Deck
  • Rip-Rap
  • Electric Hoist or Boat Lift
  • 4 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Stream or River on Lot
  • Balcony
  • Patio
  • Office or Studio
  • Shed
  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System
  • Water Treatment System
  • Well
  • Nitrogen Removal System
  • Municipal Trash
  • On Site Septic

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 4
  • Assessor Parcel Number 020317827330800, 020317827331200

Community Details

Overview

  • No Home Owners Association
  • Shore Acres Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Party Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,587

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-04-10
  • Year Built: 1940
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Built-In Microwave, Oven - Double, Oven - Wall, Refrigerator
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Primary Bedroom - Bay Front, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Water Treat System, Wood Floors
  • Window Features: Double Pane
  • Fireplace Features: Gas/Propane
  • Fireplace: Yes
  • Foundation Details: Slab, Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Bathroom 1, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2010
  • Living Area Sq Ft: 2010
  • Price Per Sq Ft: 462.64
  • Above Grade Finished Sq Ft: 2010
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Carriage House, Shed, Garage(s), Office/Studio
  • Construction Materials: Vinyl Siding
  • Exterior Features: Extensive Hardscape, Outbuilding(s)
  • Road Surface Type: Paved
  • View: Bay, Panoramic, River, Water
  • Water Access Features: Private Access, Fishing Allowed, Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: Magothy River, Chesapeake Bay
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Oversized, Additional Storage Area, Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 7

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: On Site Septic, Nitrogen Removal System
  • Water Source: Well
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 171500.00
  • Land Assessed Value: 443200.00
  • Lot Features: Level, Open, Rear Yard, Front Yard, Rip-Rapped
  • Lot Size Acres: 0.41
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17859.60
  • Outdoor Living Structures: Balcony, Patio(s)
  • Property Condition: Very Good
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15213406
  • Tax Annual Amount: 6587.00
  • Assessor Parcel Number: 020317827330800, 020317827331200
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

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
Apr 10, 2020
Closed on
Jun 15, 2020
Sold by
Mcdermott James T and Mcdermott Barbara A
Bought by
Horner Frances M
Seller's Agent
Rene Huxta May
May Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$995,000
Sold Price
$900,000
Premium/Discount to List
-$95,000
-9.55%
Current Estimated Value
$1,249,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,158
Avg. Annual Appreciation
6.02%
Original Mortgage
$510,400
Outstanding Balance
$358,807
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$890,351
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Horner Frances M $900,000 Freestate Ttl Svcs Of Annopo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horner Frances M $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2020 06/15/20 Sold $900,000 -3.2% $448 / Sq Ft
05/01/2020 05/01/20 Price Changed $929,900 -6.5% $463 / Sq Ft
04/10/2020 04/10/20 For Sale $995,000 -- $495 / 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 $7,880 $853,867 -- --
2024 $7,880 $808,200 $591,000 $217,200
2023 $7,634 $743,700 $0 $0
2022 $7,097 $679,200 $0 $0
2020 $5,505 $607,700 $0 $0
2019 $10,606 $600,700 $0 $0
2018 $6,020 $593,700 $388,500 $205,200
2017 $5,001 $563,200 $0 $0
2016 -- $532,700 $0 $0
2015 -- $502,200 $0 $0
2014 -- $502,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rene Huxta May

    Seller's Agent in 2020

    Rene Huxta May

    May Realty

    (410) 533-1726

    8 in this area

    27 Total Sales

    Rene Huxta May
    Section Image
  • Rich May

    Seller Co-Listing Agent in 2020

    Rich May

    May Realty

    (410) 919-3971

    5 in this area

    44 Total Sales

    Rich May
    Section Image
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Map

Source: Bright MLS

MLS Number: MDAA429388

Bright MLS

APN: 03-178-27330800

Maryland Anne Arundel County Arnold 21012

989 Magothy Ave, Arnold, MD

Not Listed for Sale

Detached

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