Welcome to 501 Forest Rd in absolutely gorgeous Riva, Maryland. Located just minutes away from Maryland’s capital, Annapolis, get ready to experience the Annapolis lifestyle without the price tag! 501 Forest features an expansive corner-lot in the highly sought after, water privileged community of Sylvan Shores! Recent updates include cosmetic updates including paint and carpet and update of major systems, including drain/sump pump in basement, Trane furnace updated in 2021, and new roof! Downstairs is room for all of your gatherings and relaxation including a combined living dining room, sun-filled sitting room, main-level full bathroom and THREE bedrooms! Upstairs features an HUGE main bedroom with closet space and bathroom with expansive double vanity. (Just under 750 square feet!) A convenient side entrance leaves the new owner with the possibility of a separate suite and living area! The garage is over 500 square feet and is heated and air conditioned with double insulated garage door - perfect for year-round projects! Two sources of 200+ amp service make it a handy person’s dream! Outside features fully fence in yard, a sitting oasis with a pond and beautiful goldfish and a fire pit for friendly gatherings! Substantial off-street driveway gives the new owner plenty of space to park ALL of their vehicles. Recently connected to public water and sewage. Access to waterfront community park, recreation area with rentable boat slips, kayak rack and boat launch - you also have access to the Sylvan Shores clubs house, community piers and boat ramp!
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Sell
$118,267
Est. take-home
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Refinance
$0
Est. cash available
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Rent
$2,299/mo
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Market trends in 21140, MD
Last updated July 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
100.1%
+1.1% MoM
Median sale price
$810K
$40K MoM
Avg. days on market
25d
31 days MoM
Recently sold homes
10
1 MoM
Provided by Redfin
Sale history for 501 Forest Rd
Date
Event
Price
BRIGHT MLS #MDAA2089066
Sep 23, 2024
Sold
$468,000
$287/sq ft
Aug 24, 2024
Pending
—
Aug 15, 2024
Price Changed
$475,000
$292/sq ft
Jul 12, 2024
Listed
$499,999
$307/sq ft
Jul 5, 2024
Coming Soon
$499,999
$307/sq ft
BRIGHT MLS #MDAA2051868
Apr 24, 2023
Listing Removed
—
Apr 19, 2023
Relisted
—
Apr 7, 2023
Pending
—
Mar 16, 2023
Price Changed
$449,498
$276/sq ft
Feb 25, 2023
Price Changed
$449,499
$276/sq ft
Feb 5, 2023
Relisted
—
Feb 3, 2023
Pending
—
Jan 18, 2023
Listed
$449,500
$276/sq ft
Jan 16, 2023
Coming Soon
*
BRIGHT MLS #MDAA2029842
Oct 26, 2022
Listing Removed
—
Jun 15, 2022
Price Changed
$449,999
$276/sq ft
May 2, 2022
Price Changed
$460,000
$283/sq ft
Apr 28, 2022
Price Changed
$475,000
$292/sq ft
Apr 20, 2022
Price Changed
$485,000
$298/sq ft
Apr 15, 2022
Listed
$495,000
$304/sq ft
BRIGHT MLS #MDAA2025534
Apr 4, 2022
Listing Removed
—
Mar 10, 2022
Price Changed
$499,500
$307/sq ft
Feb 24, 2022
Listed
$519,500
$319/sq ft
BRIGHT MLS #MDAA2015048
Feb 24, 2022
Listing Removed
—
Jan 27, 2022
Price Changed
$519,500
$319/sq ft
Jan 11, 2022
Price Changed
$533,000
$327/sq ft
Nov 27, 2021
Listed
$595,000
$365/sq ft
Public Records
Sep 17, 1996
Sold
$86,277
$53/sq ft
Public Records
Sep 10, 1990
Sold
$97,500
$60/sq ft
Public Records
Nov 29, 1989
Sold
$80,000
$49/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,224 (+51.9%)
$154,100 + $128,800
$282,900
2024
$2,780 (+6.8%)
2023
$2,603 (+9.1%)
2022
$2,387 (+2.0%)
$154,100 + $108,300
$262,400
2021
$2,340 (+4.7%)
2020
$2,236 (+5.8%)
2019
$2,113 (+6.2%)
$154,100 + $97,500
$251,600
2018
$1,990 (+1.7%)
2017
$1,957 (+1.5%)
$128,200 + $105,000
$233,200
2016
$1,929 (+17.9%)
$128,200 + $105,000
$233,200
2015
$1,636 (+1.8%)
$128,200 + $105,400
$233,600
2014
$1,607 (+6.4%)
2013
$1,511 (+3.8%)
2012
$1,455 (+8.0%)
2011
$1,347
2010
$1,347 (+33.3%)
2009
$1,011
Tax history for 501 Forest Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,224 (+51.9%)
$154,100 + $128,800
$282,900
2024
$2,780 (+6.8%)
2023
$2,603 (+9.1%)
2022
$2,387 (+2.0%)
$154,100 + $108,300
$262,400
2021
$2,340 (+4.7%)
2020
$2,236 (+5.8%)
2019
$2,113 (+6.2%)
$154,100 + $97,500
$251,600
2018
$1,990 (+1.7%)
2017
$1,957 (+1.5%)
$128,200 + $105,000
$233,200
2016
$1,929 (+17.9%)
$128,200 + $105,000
$233,200
2015
$1,636 (+1.8%)
$128,200 + $105,400
$233,600
2014
$1,607 (+6.4%)
2013
$1,511 (+3.8%)
2012
$1,455 (+8.0%)
2011
$1,347
2010
$1,347 (+33.3%)
2009
$1,011
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
—
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
5,830 Sq. Ft.
Year renovated
—
Sq. Ft.
1,628
Year built
1935
Style
Single Family Residential
County
Anne Arundel County
APN
01 75102231302
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 2026.
Feb 25, 2026 • Final
Residential accessory structure
Addition
Jul 21, 2015 • Final
Electrical
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
# of Attached Garage Spaces: 2
Garage Features: Oversized, Garage - Front Entry
# of Total Garage and Parking Spaces: 2
Has Garage
# of Garage Spaces: 2
On Street, Driveway, Attached Garage
Interior
Bedroom Information
# of Bedrooms On 1st Upper Level: 1
# of Bedrooms On Main Level: 3
Bathroom Information
# of Bathrooms (Full) On 1st Upper Level: 1
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Full) On All Upper Levels: 1
# of Bathrooms (Full): 2
Interior Information
Living Area Sq.Ft. Source: Assessor
Basement Information
Basement: Yes
Unfinished, Outside Entrance
Exterior
Property Information
Total Below Grade Sq. Ft.: 672
Improvement Assessed Value: $128,800
Ownership Interest: Fee Simple
Year Built Source: Assessor
Year Major Reno/Remodel: 2018
Building Information
Construction Materials: Block
Foundation Details: Block
Other Structures: Above Grade, Below Grade
Roof: Architectural Shingle
Structure Type: Detached
Lot Information
Tidal Water: No
Land Information
Land Assessed Value: $154,100
Above Grade Information
Finished Sq.Ft.: 1,628
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft.: 672
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
County Tax: $2,865
Tax Assessed Value: $269,233
Tax Year: 2024
Tax Annual Amount: $3,245
Assessments Information
Year Assessed: 2024
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C, Ceiling Fan(s)
Cooling Fuel: Electric
Baseboard - Electric, Forced Air
Heating Fuel: Oil, Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
School District Source: Listing Agent
Location Information
Outside City Limits
Directions: GPS
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,628
Stories: 2.0
Lot Size: 5,830 square feet
Style: Single Family Residential
Year Built: 1935
Year Renovated: —
County: Anne Arundel County
APN: 01 75102231302
Home facts updated by county records on Jul 17, 2026
Around this home
Schools
Central Elementary School
Public K-5 • Assigned • 2.0mi
10/10
Central Middle School
Public 6-8 • Assigned • 2.5mi
9/10
South River High School
Public 9-12 • Assigned • 2.3mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 104° expected this year, 15 days in 30 years
6/10 Wind Factor
46% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Riva, MD • 21140
Average low and high temperatures (°F)
39
24
43
29
60
40
68
49
73
57
85
66
89
73
83
67
78
63
69
49
58
41
45
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 4.6 hours in December, which is comparable to the
U.S. average for solar exposure.
9.3 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$486,000 – $588,000
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