1278 Terrace Lane

Arnold, MD 21012

$380,000
Price
3
Beds
2
Baths
2,868 Sq. Ft.
$132 / Sq. Ft.
2,868
Sq. Ft.
$132
per Sq. Ft.

Description

The location is outstanding. Schools are listed and are desirable. Convenient to Community College, Naval Academy, Rt. 50 and Downtown Annapolis. Access to the Bay and Tons of Marinas. With some updates and elbow grease this home will shine. Good Bones. Incredible Sunroom. Lower Level Living Space includes a kitchen, bath, separate sleeping area and Spacious Recreation Area. Separate Entrance through the Garage. Tenants require 24 hour notice. Please be considerate, be on time and keep tours to 20...

Property Details for 1278 Terrace Lane

Expected On Market Date
10-31-2020
Subdivision
NONE AVAILABLE
Legal Subdivision
TERRACE GARDENS
Ownership
Fee Simple
Style
Ranch/Rambler
Structure Type
Detached
Total Parking Spaces
4
Basement
Yes

Property Details for 1278 Terrace Lane

StatusActive Under Contract
MLS #MDAA451238
Days on Market57
Taxes$4,574 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1955
Lot Size0.31 AC / 13,500 SF
CountyAnne Arundel County

Listing Agent

Wanda J Higgs

Chesapeake Homes 2 Own

chesapeakeh2o@gmail.com

P: 443.336.6814

Contact Agent(s)

Location

Listing Courtesy of Chesapeake Homes 2 Own

Building Information for 1278 Terrace Lane

Stories1Year Built1955Building Size-Lot Size0.31 AC / 13,500 SF

Payment Calculator

$1,655 per month

30 year fixed, 2.95% Interest

Principal and Interest

$1,273

Property Taxes

$381

HOA Dues

$0

Similar Homes

Property Information for 1278 Terrace Lane

Rooms
    Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
Location Info
    School Info
  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District County ID: 121140671932
  • Elementary School: ARNOLD (ANNE ARUNDEL MD)
  • High School: BROADNECK (ANNE ARUNDEL MD)
  • Middle Or Junior School: SEVERN RIVER (ANNE ARUNDEL MD)
    Location Info
  • Subdivision Addtl: NONE AVAILABLE (ANNE ARUNDEL MD)
  • In City Limits: No
  • Municipal Trash: Yes
  • Historic: No
  • Senior Community: No
  • Tidal Water: No
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Waterfront: No
Association / Community Info
    Association / Community Info
  • Condo Coop Association: No
  • HOA: No
Taxes and Assessment Info
    Tax Info
  • Tax Annual Amount: $4,574
  • Tax Year: 2019
  • County Tax: $4,276
  • Clean Green Assessed: No
  • Zoning: R5
  • Agricultural Tax Due: No
  • Tax Lot: 37
  • Tax ID Number: 020375802195400
    Assessment Info
  • Tax Assessed Value: $422,967
  • Year Assessed: 2020
  • Improvement Assessed Value: $179,000
  • Land Assessed Value: $258,500
Financial Info
    Ground Rent
  • Ground Rent Exists: No
    Utilities
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Sewer Septic: Private/Community Septic Tank
  • Water Source: Public
    Financial Info
  • Refuse Fee: $298
Rent Info
    Rent Info
  • Pets Allowed: No
Building Info
    SQFT
  • Above Grade Finished SQFT: 1440
  • Below Grade Finished SQFT: 1428
  • Total Finished SQFT: 2868
  • Tax Total Finished SQFT: 2268
    Structure
  • Basement Type: Connecting Stairway, Full, Heated, Improved, Outside Entrance, Side Entrance
  • Room List: Living Room, Basement, Sun/Florida Room, Bathroom 1, Bathroom 2
  • Levels/Stories: 1
  • Stories: Lower 1, Main
  • Other Structures: Above Grade, Below Grade
  • Accessibility Features: None
  • Construction Materials: Brick, Aluminum Siding
  • New Construction: No
  • Roof: Asphalt
Lot Info
    Lot Info
  • Property Type: Residential
  • Horse: No
  • Land Use Code: 011
  • Lot Features: Corner, No Thru Street
  • Lot Size Source: Assessor
  • Lot SQFT: 13500
  • Lot Size Acres: .31
  • Navigable Water: No
  • Road Responsibility: Private
  • Age: 1955
Parking
    Parking
  • Garage: Yes
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Total Garage Spaces: 1
  • Num of Attached Garage Spaces: 1
  • Garage Features: Oversized, Garage - Rear Entry
  • Parking Features: Asphalt Driveway
  • Driveway - # of Spaces: 3
Interior Features
    Interior Features
  • Interior Features: Entry Level Bedroom, Kitchen - Galley, Wood Floors, Wood Stove, 2nd Kitchen
  • Appliances: Stove, Refrigerator, Dishwasher, Washer, Dryer
  • Fireplace Features: Wood
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Flooring Type: Hardwood
  • Central Air: Yes
  • Cooling Type: Central A/C
  • Heating: Yes
  • Heating Type: Forced Air
  • Laundry Type: Main Floor
Exterior Features
    Exterior Features
  • Pool: No Pool
  • Spa: No

Property History for 1278 Terrace Ln

DateEvent & SourcePriceAppreciation
Dec 23, 2020

Active Under Contract

BRIGHT #MDAA451238

Oct 31, 2020

Listed (Active)

BRIGHT #MDAA451238

$380,000
Jan 5, 2005

Closed (Public Record)

Public Record #154497929

$325,000
DateEvent & SourcePrice
12/23/2020

Active Under Contract

BRIGHT #MDAA451238

10/31/2020

Listed (Active)

BRIGHT #MDAA451238

$380,000
01/05/2005

Closed (Public Record)

Public Record #154497929

$325,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1278 Terrace Lane

Taxable ValueLand-Additions-Total-
Tax Record2021$4,513 ($376 / month)
Home Facts
Beds0Baths2Total Finished SqFt2,268 SqFtAbove Grade Finished SqFt1,440 SqFtFinished Basement SqFt828 SqFtStories1Lot Size13,500 SqFtStyleSingle Family ResidenceYear Built1955ZoningR5CountyANNE ARUNDELAPN0375802195400

Schools near 1278 Terrace Lane


SchoolTypeGradesDistanceRating
Arnold Elementary SchoolPublicK-50.5 mi
8
Chesapeake AcademyPrivatePK-50.7 mi
NR
Arnold Christian AcademyPrivateK-80.8 mi
NR
Severn River Middle SchoolPublic6-81.4 mi
6

Arnold Elementary School

K-5, 0.5 mi, Public

8

Chesapeake Academy

PK-5, 0.7 mi, Private

NR

Arnold Christian Academy

K-8, 0.8 mi, Private

NR

Severn River Middle School

6-8, 1.4 mi, Public

6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Chesapeake Homes 2 Own

© 2021 Metropolitan Regional Information Systems. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 01/09/2021 01:54 AM