NOT LISTED FOR SALE

2278 Forest Ridge Terrace 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 October 30, 2014

Last sale price $240,000 $92 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,444/month

127 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • 1 Car Attached Garage
  • Beach Elementary School Rated A-
  • Breakfast Area or Nook
  • Kitchen Island

About This Home

As of October 2014

Luxury Penthouse Style Home! shows like new. 3 bd 2.5 bath townhouse with 1 car garage. Gourmet kitchen features granite counter tops & stainless steel appliances. Bi-leve island breakfast bar, Seperate dining room. Lg master suite with sitting area. Master bath w/ his & her vanaties and roman shower. Seller using Title Max on short Sale. Brokers commission and sale subject lender approval.

Last Agent to Sell the Property

Jean Herne

(240) 460-5138 jherne1@msn.com Samson Properties Listed on: 12/30/2013

Last Buyer's Agent

Cindy Tutwiler

cindytutwiler@championrealty.com Champion Realty, Inc. License #MRIS:95033

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,014

Year Built

  • Built in 2008

Lot Details

  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

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

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Utilities

  • 90% Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Community Details

  • Richfield Station Village Subdivision, Picasso Floorplan
  • Richfield Station Village Community
  • The community has rules related to covenants

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 0503188841

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,014

Year Built

Built in 2008

Lot Details

0

HOA Fees

$157 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2008
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Island, Kitchen - Table Space, Breakfast Area, Floor Plan - Open
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Townhouse
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Price Per Sq Ft: 98.08
  • 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: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Roof: Asphalt
  • 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
  • Parking Features: Garage
  • Parking Space Number Assigned: 1
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 117.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 169.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 101.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 104500.00
  • Land Assessed Value: 80000.00
  • Property Condition: Very Good
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15030772
  • Tax Annual Amount: 2013.66
  • Assessor Parcel Number: 0503188841
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2020
Sold by
Bowling Monica and Cotillo Monica
Bought by
Peterson Cameron
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.
Original Mortgage
$285,000
Outstanding Balance
$252,344
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$131,975

Purchase Details

Listed on
Dec 30, 2013
Closed on
Oct 30, 2014
Sold by
Puglisi Michael J and Puglisi Lisa Michelle
Bought by
Bowling Monica
Seller's Agent
Jean Herne
Samson Properties
Buyer's Agent
Cindy Tutwiler
Champion Realty, Inc.
List Price
$275,000
Sold Price
$240,000
Premium/Discount to List
-$35,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
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
10/30/2014 10/30/14 Sold $240,000 -5.9% $92 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
04/16/2014 04/16/14 Price Changed $255,000 -3.8% $98 / Sq Ft
01/16/2014 01/16/14 Price Changed $265,000 -3.6% $102 / Sq Ft
12/30/2013 12/30/13 For Sale $275,000 -- $106 / 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

  • Jean Herne

    Seller's Agent in 2014

    Jean Herne

    Samson Properties

    (240) 460-5138

    1 in this area

    4 Total Sales

    Jean Herne
    Section Image

  • C

    Buyer's Agent in 2014

    Cindy Tutwiler

    Champion Realty Inc

See All Agents

Map

Source: Bright MLS

MLS Number: 1003791718

Bright MLS

APN: 03-188841

Maryland Calvert County Chesapeake Beach 20732

2278 Forest Ridge Terrace, Chesapeake Beach, MD

Not Listed for Sale

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