OPPORTUNITY AWAITS! This adorable LONGVIEW ON THE MAGOTHY cape cod is ready for someone to come in and breathe new life into its walls! Located on nearly one half acre on the headwaters of Cool Spring Cove which feeds into the Magothy River --- this property has so much potential and so much to offer! Please see the PIER EASEMENT AGREEMENT governing access and restrictions as it pertains to the private pier. The listing is also comprised of 2 Tax ID's totaling the approx. 0.46 acres. The value is mostly in the land, the home is in need of major rehab and updating with evidence of a moisture issue in the basement. The upper level attic space could easily be converted into 2 large bedrooms and the hardwood floors do extend under the remaining carpet on the main level. The possibilities are endless inside and out to turn this into an HGTV worthy cottage on the water! Please do not view the property without an appointment. Longview on the Magothy offers a community beach and boat ramp for $100/year (just $50/year for beach-only access). Property is being sold strictly AS-IS. CASH OR REHAB FINANCING ONLY. WILL NOT PASS FOR CONVENTIONAL FINANCING.
Sold for $600,000 on 10/09/23
$600,000
471 Broadwater Rd, Arnold, MD 21012
2beds
1,575sqft
Single Family Residence
Built in 1955
0.46 Acres Lot
$690,200 Zestimate®
$381/sqft
$2,831 Estimated rent
Home value
$690,200
$614,000 - $773,000
$2,831/mo
Zestimate® history
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What's special
Zillow last checked: 9 hours ago
Listing updated: October 09, 2023 at 05:00pm
Listed by:
Rachel Best 443-454-5959,
RE/MAX Leading Edge
Bought with:
Emily Marsh, 5010194
Engel & Volkers Annapolis
Source: Bright MLS,MLS#: MDAA2068384
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Basement
- Area: 1183
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Partially Finished,Interior Entry,Connecting Stairway
- Number of fireplaces: 1
Interior area
- Total structure area: 2,358
- Total interior livable area: 1,575 sqft
- Finished area above ground: 1,175
- Finished area below ground: 400
Property
Parking
- Total spaces: 3
- Parking features: Driveway
- Uncovered spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Exclusive Easement, River, Fishing Allowed, Canoe/Kayak, Boat - Powered, Private Access, Boat - Length Limit
- Body of water: Cool Spring Cove
- Frontage length: Water Frontage Ft: 50
Lot
- Size: 0.46 Acres
- Features: Fishing Available, Rear Yard
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 020351011202100
- Zoning: R5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Combination
- Foundation: Block
Condition
- Fixer
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available
Community & neighborhood
Location
- Region: Arnold
- Subdivision: Longview On Magothy
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,FHA 203(k)
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2023 | Sold | $600,000+9.1%$381/sqft |
Source:  Bright MLS #MDAA2068384 Report a problem | ||
| 9/4/2023 | Pending sale | $549,900$349/sqft |
Source: Bright MLS #MDAA2068384 Report a problem | ||
| 8/31/2023 | Listed for sale | $549,900$349/sqft |
Source: Bright MLS #MDAA2068384 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $42,267 +11.8% |
| 2024 | $414 +2.2% | $37,800 +1.9% |
| 2023 | $405 +6.5% | $37,100 +1.9% |
Find assessor info on the county website
Neighborhood: 21012
Nearby schools
GreatSchools rating
- 8/10Belvedere Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 9/10Severn River Middle SchoolGrades: 6-8Distance: 1 mi
- 8/10Broadneck High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Belvedere
- Middle: Severn River
- High: Broadneck
- District: Anne Arundel County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$690,200
2% more+ $13,804
With Zillow Showcase(estimated)
$704,004