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516 Martingale Ln; Arnold, MD Property Details

516 Martingale Ln, Arnold, MD is a Condominium that was built in 1994. This property is currently a cash purchase and is not for sale. Our records show that 516 Martingale Ln has 2 bedrooms, and 2.5 bathrooms, and a total of 2,010 square feet. The lot size of 516 Martingale Ln is 1,776 square feet.

Off market
516 Martingale Ln Arnold, MD 21012
$439,200 Listing Price
2 Beds
2.5 Baths
2,010 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1994
  • Purchase Price: $439,200
  • Est. Equity / %: $514,000 / 100%
  • Gross Yield: 7.338%
  • APN: 3-565-90084239
  • Situs County: Anne Arundel
  • Length Of Ownership: 2 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Quality: C
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,010/SqFt
  • Lot: 1,776/SqFt
  • Gross: 2,290/SqFt
  • Garage: 280/SqFt
  • Living: 2,010/SqFt
  • Building: 2,290/SqFt
  • Ground: 865/SqFt
  • Price Per Square Foot: $218.51

Legal Description

  • Description: U 24 PH X1 MOORINGS ON THE MAGOTHY
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Anne Arundel County Public Schools
  • Lat / Lon: 39.06995 / -76.506134
  • Subdivision: Moorings On The Magothy
  • Property Class: Residential
  • County Use Code: U-A003

Amenities

  • Plus Four: 1177
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 1

HOA

  • H O A One: $575
  • H O A Amount: $575
  • H O A One Frequency: Monthly
  • H O A One Name: Moorings On The Magothy
  • H O A One Type: Condo  Owner Association
  • H O A Two Name: Moorings Of The Magothy Condominium
  • H O A Two Type: Condo  Owner Association

Ownership Info

516 Martingale Ln has no associated ownership info
516 Martingale Ln has no associated ownership info.

Taxes

516 Martingale Ln has 9 associated Taxes items

516 Martingale Ln, Arnold, MD pays taxes in Anne Arundel County, MD. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $383,533. The APN we've located for 516 Martingale Ln is 3-565-90084239.

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Taxes
  • Assessed Value:  $383,533
  • Assessed Year:  2025
  • Assessed County:  Anne Arundel
  • APN:  3-565-90084239
  • Market Land Value:  180000
  • Tax Amount:  3938.89
  • Tax Year:  2024
  • Market Value:  436400
  • Market Year:  2025

Tax History

516 Martingale Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $383,533 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $357,100 Land Value $180,000 Improvement Value $177,100 Tax Amount $3,938.89 Change Rate +0.397835% Assessed CR Tax Rate +0.01103%
Year 2023 Assessed Value $357,100 Land Value $180,000 Improvement Value $177,100 Tax Amount $2,817.85 Change Rate -0.244888% Assessed CR Tax Rate +0.007891%
Year 2022 Assessed Value $357,100 Land Value $180,000 Improvement Value $177,100 Tax Amount $3,731.7 Change Rate Assessed CR Tax Rate +0.01045%
Year 2021 Assessed Value $358,300 Land Value $180,000 Improvement Value $178,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $345,600 Land Value Improvement Value Tax Amount $2,584.71 Change Rate -0.489168% Assessed CR Tax Rate +0.007479%
Year 2019 Assessed Value $332,900 Land Value Improvement Value Tax Amount $5,059.8 Change Rate +0.558382% Assessed CR Tax Rate +0.015199%
Year 2018 Assessed Value $320,200 Land Value $135,000 Improvement Value $185,200 Tax Amount $3,246.83 Change Rate Assessed CR Tax Rate +0.01014%
Year 2017 Assessed Value $315,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $310,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $305,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $305,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate