NOT LISTED FOR SALE

2278 Forest Ridge Terrace Unit 2 Chesapeake Beach, MD 20732

Estimated Value: $372,000 - $406,000

3 Beds
2.5 Baths
2,600 Sq Ft
$148/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $300,000 $115 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,457/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Tennis Courts
  • 1 Car Direct Access Garage
  • Beach Elementary School Rated A-
  • Jogging Path
  • Parking Storage or Cabinetry

About This Home

As of July 2020

Beautiful Large End unit with 2,600 Sq. Ft. / 9' ceilings both levels with 1 Car Garage. Open floor plan with Eat-in Gourmet kitchen features Granite counter tops, 42" cabinets and Stainless steel appliances. Lots of natural light with many windows in open Living/Dining room. . Owner's Suite has lighted tray ceiling, his & her walk-in closets and spa like bathroom with his & her sinks and over sized shower. Renovated hall bathroom with double vanity. Laundry room on bedroom level. Many community amenities include Tot lots, Basketball and Tennis courts, street hockey field, walking/jogging trail. Condo fee includes water, sewer and trash services along with yard and exterior upkeep.

Last Agent to Sell the Property

Timothy Tutwiler

(410) 353-7037 timtut64@gmail.com Long & Foster Real Estate, Inc. Listed on: 06/19/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Lisa Kelly

(240) 623-3948 realtorlisawilliams@gmail.com Exit Community Realty

Exit Community Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,858

Year Built

  • Built in 2008

Lot Details

  • 1,133

HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Asbestos Shingle Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 0503188841

Community Details

Overview

  • Association fees include all ground fee, exterior building maintenance, lawn care front, lawn maintenance, recreation facility, road maintenance, sewer, snow removal, trash, water
  • Richfield Station Village Subdivision

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,858

Year Built

Built in 2008

Lot Details

0

HOA Fees

$170 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-06-19
  • Federal Flood Zone: No
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Price Per Sq Ft: 117.27
  • Above Grade Finished Sq Ft: 2600
  • 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 Front, Vinyl Siding
  • Roof: Asbestos Shingle
  • 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, Additional Storage Area, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage, On Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 120.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Tennis Courts, Tot Lots/Playground, Bike Trail, Jog/Walk Path, Picnic Area
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Ext Bldg Maint, Lawn Care Front, Lawn Maintenance, Recreation Facility, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • 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
  • Zoning: R-2
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15030772
  • Tax Annual Amount: 2858.00
  • Assessor Parcel Number: 0503188841
  • Tax Lot: 2
  • 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 19, 2020
Closed on
Jul 31, 2020
Sold by
Bowling Monica and Cotillo Monica
Bought by
Peterson Cameron
Seller's Agent
Timothy Tutwiler
Long & Foster Real Estate, Inc.
Buyer's Agent
Lisa Kelly
Exit Community Realty
List Price
$304,900
Sold Price
$300,000
Premium/Discount to List
-$4,900
-1.61%
Current Estimated Value
$384,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,319
Avg. Annual Appreciation
4.75%
Original Mortgage
$285,000
Outstanding Balance
$252,344
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$131,975

Purchase Details

Closed on
Oct 30, 2014
Sold by
Puglisi Michael J and Puglisi Lisa Michelle
Bought by
Bowling Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2008
Sold by
Nvr Inc
Bought by
Puglisi Michael J and Puglisi Lisa Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,384
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 2008
Sold by
Nvr Inc
Bought by
Puglisi Michael J and Puglisi Lisa Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,384
Interest Rate
6.49%
Mortgage Type
FHA
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
Peterson Cameron $300,000 Turnkey Title Llc
Bowling Monica $240,000 Titlemax Llc
Puglisi Michael J $301,485 --
Puglisi Michael J $301,485 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Cameron $285,000
Previous Owner Bowling Monica $228,000
Previous Owner Puglisi Michael J $298,384
Previous Owner Puglisi Michael J $298,384
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $300,000 -1.6% $115 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $304,900 -- $117 / 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 $1,319 $234,133 $0 $0
2019 $2,449 $232,700 $88,000 $144,700
2018 $2,355 $222,767 $0 $0
2017 $2,370 $212,833 $0 $0
2016 -- $202,900 $0 $0
2015 $2,058 $196,767 $0 $0
2014 $2,058 $190,633 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA177002

Bright MLS

APN: 03-188841