NOT LISTED FOR SALE

2605 Chapel Lake Dr Unit 402 Gambrills, MD 21054

Estimated Value: $314,646 - $335,000

2 Beds
2 Baths
1,134 Sq Ft
$368/mo HOA Fee

Last Sold March 23, 2018

Last sale price $245,000 $216 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,289/month

60 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Colonial Architecture
  • Active Adult
  • Open Floorplan
  • Community Lake

About This Home

As of March 2018

Perfectly updated, top floor condo in gorgeous 55+ Villages of Waugh Chapel! Secure elevator building w/ lobby w/fireplace. Spacious white kitchen opens to beautiful DR & LR w/private balcony. Master suite w/attached bath w/double vanity & extra storage! Full size w/d in laundry/utility rm! Recessed lights thru-out. New water heater, microwave & carpet. Amazing community amenities & activities!

Last Agent to Sell the Property

Christina Elliott

(443) 827-8195 celliott@oneroofteam.com The KW Collective Listed on: 12/21/2017

The KW Collective

Last Buyer's Agent

Jocaro Dodd

(804) 245-2187 jdbuyselldmv@gmail.com RE/MAX Ikon

RE/MAX Ikon

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,031

Year Built

  • Built in 2002

Lot Details

  • 1,133

HOA Fees

  • $368 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,134 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Space Number Location: 45
  • Basement Garage

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 020488390212510

Community Details

Overview

  • Active Adult
  • Association fees include exterior building maintenance, lawn maintenance, insurance, snow removal, trash, management
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • The Village At Waugh Chapel Community
  • Village At Waugh Chapel Subdivision
  • Community Lake

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Fitness Center
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,031

Year Built

Built in 2002

Lot Details

0

HOA Fees

$368 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator, 36"+ Wide Halls, 32"+ Wide Doors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Microwave, Refrigerator, Icemaker, Washer, Dryer, Exhaust Fan, Water Heater
  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Combination Dining/Living, Primary Bath(s), Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, High
  • Entry Location: Top Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1134
  • Living Area Sq Ft: 1134
  • Price Per Sq Ft: 216.05
  • Above Grade Finished Sq Ft: 1134
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Space Number Assigned: 45
  • Garage Features: Basement Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 368.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bike Trail, Common Grounds, Elevator, Jog/Walk Path, Lake, Exercise Room, Extra Storage, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Insurance, Snow Removal, Trash, Management
  • HOA Condo Co-Op Rules: Adult Living Community, Pets - Allowed
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Lot Info

  • Improvement Assessed Value: 90700.00
  • Land Assessed Value: 90700.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15347725
  • Tax Annual Amount: 2030.98
  • Assessor Parcel Number: 020488390212510
  • Tax Year: 2017

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2017
Closed on
Mar 23, 2018
Sold by
Wade Anna C and The Anna C Wade Revocable Trus
Bought by
Watson Hebron and Watson Sheryce
Seller's Agent
Christina Elliott
The KW Collective
Buyer's Agent
Jocaro Dodd
RE/MAX Ikon
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$328,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,412
Avg. Annual Appreciation
3.87%
Original Mortgage
$253,085
Outstanding Balance
$216,976
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$111,436

Purchase Details

Closed on
Oct 18, 2005
Sold by
Wade Anna C
Bought by
Wade Anna C

Purchase Details

Closed on
Jan 24, 2003
Sold by
Sturbridge Village Condos Llc
Bought by
Wade Anna C
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
Watson Hebron $245,000 Dream Title & Escrow Llc
Wade Anna C -- --
Wade Anna C $167,273 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Hebron $253,085
Closed Wade Anna C --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $245,000 0.0% $216 / Sq Ft
02/20/2018 02/20/18 Price Changed $245,000 +2.1% $216 / Sq Ft
02/19/2018 02/19/18 Pending -- -- --
02/08/2018 02/08/18 Price Changed $239,900 -2.1% $212 / Sq Ft
12/21/2017 12/21/17 For Sale $245,000 -- $216 / 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 $2,393 $221,100 $110,500 $110,600
2024 $2,393 $217,300 $0 $0
2023 $2,344 $213,500 $0 $0
2022 $2,204 $209,700 $104,800 $104,900
2021 $2,008 $200,267 $0 $0
2020 $2,008 $190,833 $0 $0
2019 $1,911 $181,400 $90,700 $90,700
2018 $1,724 $170,067 $0 $0
2017 $1,526 $158,733 $0 $0
2016 -- $147,400 $0 $0
2015 -- $147,400 $0 $0
2014 -- $147,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004352617

Bright MLS

APN: 04-883-90212510