NOT LISTED FOR SALE

2334 Forest Ridge Terrace Chesapeake Beach, MD 20732

Estimated Value: $354,000 - $400,000

3 Beds
2.5 Baths
1,658 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $285,000 $172 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,594/month

Highlights

  • Colonial Architecture
  • Tennis Courts
  • 2 Car Direct Access Garage
  • Beach Elementary School Rated A-
  • Jogging Path
  • Heat Pump System

About This Home

As of April 2021

Welcome to Forest Ridge Terrace! This adorable main level condo features an open concept with a beautiful bay window and access to the attached garage. Upstairs you will find a gorgeous master suite with two walk in closets, a beautiful master bath with double sinks, huge walk in shower and plenty of storage. Two more nice size bedrooms (one with a small deck), another full bath and second floor laundry complete the upper level. Schedule your showing as this one won't last long!

Last Agent to Sell the Property

Cindy Taylor

Samson Properties Listed on: 02/15/2021

Last Buyer's Agent

Christa Deane

Advantage ONE Realty License #654902

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,911

Year Built

  • Built in 2008

Lot Details

  • 1,002

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Rear-Facing Garage
  • Garage Door Opener
  • Parking Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,658 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 0503186415

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance
  • American Community Management HOA, Phone Number (410) 997-7767
  • Richfield Station Village Condominium Inc Condos
  • Richfield Station Village Subdivision

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,911

Year Built

Built in 2008

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-02-15
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to Forest Ridge Terrace! This adorable main level condo features an open concept with a beautiful bay window and access to the attached garage. Upstairs you will find a gorgeous master suite with two walk in closets, a beautiful master bath with double sinks, huge walk in shower and plenty of storage. Two more nice size bedrooms (one with a small deck), another full bath and second floor laundry complete the upper level. Schedule your showing as this one won't last long!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1658
  • Living Area Sq Ft: 1658
  • Price Per Sq Ft: 174.61
  • Above Grade Finished Sq Ft: 1658
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2334

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
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 162.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 166.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Richfield Station Village Condominium Inc
  • HOA Condo Co-Op Amenities: Jog/Walk Path, Common Grounds, Tot Lots/Playground, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance
  • HOA Name: AMERICAN COMMUNITY MANAGEMENT
  • HOA Phone: 410-997-7767
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139842846
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 145000.00
  • Land Assessed Value: 99000.00
  • Land Use Code: 010
  • Year Assessed: 2021
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15027549
  • Tax Annual Amount: 2911.00
  • Assessor Parcel Number: 0503186415
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/12/2021

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 12, 2021
Sold by
Dean Shawn and Habib Bonnie Maureen
Bought by
Martincorena Maria Magdalena
Seller's Agent
Cindy Taylor
Samson Properties
Buyer's Agent
Christa Deane
Advantage ONE Realty
List Price
$289,500
Sold Price
$285,000
Premium/Discount to List
-$4,500
-1.55%
Current Estimated Value
$381,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,371
Avg. Annual Appreciation
6.71%
Original Mortgage
$279,837
Outstanding Balance
$253,751
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$123,013

Purchase Details

Closed on
Sep 10, 2016
Sold by
Dean Shawn and Dean Bonnie M
Bought by
Dean Shawn and Habib Bonnie Maureen

Purchase Details

Closed on
May 5, 2008
Sold by
Nvr Inc
Bought by
Dean Shawn and Dean Bonnie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,045
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2008
Sold by
Nvr Inc
Bought by
Dean Shawn and Dean Bonnie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,045
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Martincorena Maria Magdalena $285,000 Titlemax Llc
Dean Shawn -- Atlantic Coast Title Inc
Dean Shawn $279,365 --
Dean Shawn $279,365 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martincorena Maria Magdalena $279,837
Closed Martincorena Maria Magdalena $8,395
Previous Owner Winter Bonnie M $232,300
Previous Owner Dean Shawn $255,045
Previous Owner Dean Shawn $255,045
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $285,000 -1.6% $172 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $289,500 0.0% $175 / Sq Ft
02/21/2019 02/21/19 Rented $1,800 0.0% --
01/11/2019 01/11/19 For Rent $1,800 -- --
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 $3,217 $319,000 $99,000 $220,000
2024 $3,217 $294,000 $0 $0
2023 $2,840 $269,000 $0 $0
2022 $2,637 $244,000 $99,000 $145,000
2021 $5,275 $242,400 $0 $0
2020 $895 $240,800 $0 $0
2019 $2,517 $239,200 $99,000 $140,200
2018 $2,529 $239,200 $99,000 $140,200
2017 $2,762 $239,200 $0 $0
2016 -- $239,200 $0 $0
2015 $2,401 $231,967 $0 $0
2014 $2,401 $224,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA181100

Bright MLS

APN: 03-186415