NOT LISTED FOR SALE

2262 Forest Ridge Terrace Unit 4 Chesapeake Beach, MD 20732

Estimated Value: $370,668 - $401,000

3 Beds
2.5 Baths
2,300 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $285,000 $124 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,414/month

32 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Community Basketball Court
  • Beach Elementary School Rated A-
  • Combination Kitchen and Living
  • Breakfast Area or Nook

About This Home

As of August 2020

Buyer's financing fell through- Back on the market!! Location, Location, Location! Fantastic home in highly sought after Richfield Station! Located conveniently off Rt. 260, this community is within 40 minutes to Washington DC, JBA, & Annapolis! Enjoy the many community amenities, including basketball & tennis courts, tot lot, jog/walking paths, and nature trail to the beach! This home boasts an open floor plan perfect for entertaining, including gleaming floors, huge kitchen, private balcony and custom bar! Large master suite has plenty of natural light, two walk-in closets and luxurious bathroom! In area of excellent schools! Close to shopping, restaurants, & more!

Last Agent to Sell the Property

Team Stueckler

(301) 908-2540 patriciastueckler@gmail.com Keller Williams Flagship License #18001 Listed on: 06/12/2020

Keller Williams Flagship

Last Buyer's Agent

Gail Nyman

(301) 802-6542 gail@gailnyman.com RE/MAX United Real Estate License #30707

RE/MAX United Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,858

Year Built

  • Built in 2009

HOA Fees

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Combination Kitchen and Living
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Balcony
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 0503189643

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, water
  • Richfield Station HOA, Phone Number (410) 997-7767
  • Richfield Station Village Subdivision

Amenities

  • Common Area

Recreation

  • Community Basketball Court
  • Community Playground
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,858

Year Built

Built in 2009

Lot Details

0

HOA Fees

$153 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Refrigerator, Stove, Built-In Microwave, Dishwasher
  • Entry Floor: 1
  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Ceiling Fan(s), Carpet, Walk-In Closet(s), Primary Bath(s), Floor Plan - Open, Kitchen - Island
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 123.91
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 156.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 101.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Jog/Walk Path, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Water
  • HOA Name: RICHFIELD STATION HOA
  • HOA Phone: 410-997-7767
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 149000.00
  • Land Assessed Value: 88000.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: R-2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15030727
  • Tax Annual Amount: 2858.00
  • Assessor Parcel Number: 0503189643
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Aug 21, 2020
Sold by
Beeson William M and Beeson Jenna N
Bought by
Malley Elizabeth E
Seller's Agent
Team Stueckler
Keller Williams Flagship
Buyer's Agent
Gail Nyman
RE/MAX United Real Estate
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$379,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,417
Avg. Annual Appreciation
5.57%
Original Mortgage
$270,750
Outstanding Balance
$239,726
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$139,691

Purchase Details

Listed on
Aug 24, 2016
Closed on
Oct 14, 2016
Sold by
Bailey Timothy D and Peters Theodore R
Bought by
Beeson William M and Suite Jenna N
Seller's Agent
Jason Donovan
RE/MAX Leading Edge
Buyer's Agent
Team Stueckler
Keller Williams Flagship
List Price
$279,900
Sold Price
$275,000
Premium/Discount to List
-$4,900
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.93%
Original Mortgage
$220,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2009
Sold by
Nvr Inc
Bought by
Bailey Timothy D and Peters Theodore R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Malley Elizabeth E $285,000 Brennan Title Company
Beeson William M $275,000 Titlemax Llc
Bailey Timothy D $280,781 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malley Elizabeth E $270,750
Previous Owner Beeson William M $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2020 08/21/20 Sold $285,000 0.0% $124 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $285,000 0.0% $124 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $285,000 +3.6% $124 / Sq Ft
10/14/2016 10/14/16 Sold $275,000 -1.8% $120 / Sq Ft View Prior Sale
09/15/2016 09/15/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $279,900 -- $122 / 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 $3,151 $313,000 $88,000 $225,000
2024 $3,151 $287,667 $0 $0
2023 $2,779 $262,333 $0 $0
2022 $2,566 $237,000 $88,000 $149,000
2021 $5,132 $235,567 $0 $0
2020 $1,289 $234,133 $0 $0
2019 $2,449 $232,700 $88,000 $144,700
2018 $2,355 $222,767 $0 $0
2017 $2,310 $212,833 $0 $0
2016 -- $202,900 $0 $0
2015 $1,915 $196,767 $0 $0
2014 $1,915 $190,633 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA176868

Bright MLS

APN: 03-189643