NOT LISTED FOR SALE

2607 Chapel Lake Dr Unit 209 Gambrills, MD 21054

Estimated Value: $353,786 - $368,000

2 Beds
2 Baths
1,400 Sq Ft
$424/mo HOA Fee

Last Sold January 14, 2016

Last sale price $238,000 $170 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,555/month

Highlights

  • Water Views
  • Fitness Center
  • Open Floorplan
  • Public Water Access
  • Active Adult
  • Traditional Architecture

About This Home

As of January 2016

Easy to show. Great view of the lake. Can settle quick.Great location for this 55+ condo. Building has lots of social events. Close to Wegmans, shopping, restaurants, movie theater, Doctor offices, etc.

Last Agent to Sell the Property

Ed Haraway

(843) 276-7732 EHaraway@gmail.com EXIT First Realty License #94410 Listed on: 10/07/2015

EXIT First Realty

Last Buyer's Agent

Debra Russell

(443) 790-5341 Debrarussell32@gmail.com Douglas Realty, LLC License #575839

Douglas Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,278

Year Built

  • Built in 2006

Lot Details

  • 1,394

HOA Fees

  • $424 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Water Views
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Public Water Access
  • Property is near a lake
  • Shared Waterfront
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 020488390210106

Community Details

Overview

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

Amenities

  • Common Area
  • Party Room

Recreation

  • Fitness Center
  • Jogging Path

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,278

Year Built

Built in 2006

Lot Details

0

HOA Fees

$424 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Remarks Public: Easy to show. Great view of the lake. Can settle quick.Great location for this 55+ condo. Building has lots of social events. Close to Wegmans, shopping, restaurants, movie theater, Doctor offices, etc.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Range Hood, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Table Space, Combination Dining/Living, Kitchen - Eat-In, Primary Bath(s), Window Treatments, Floor Plan - Open
  • Window Features: Double Pane
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Study, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 175.00
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2607

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: Vinyl Siding, Combination, Brick
  • Construction Completed: No
  • View: Water
  • Water Access Features: Public Access
  • Water Access: No
  • Water Body Name: CHAPEL LAKE
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Detached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 424.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Exercise Room, Jog/Walk Path, Party Room, Retirement Community, Common Grounds
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Snow Removal, Sewer, Water, Trash
  • HOA Condo Co-Op Rules: Restrictions
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Lot Info

  • Improvement Assessed Value: 91000.00
  • Land Assessed Value: 91000.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15346060
  • Tax Annual Amount: 2278.30
  • Assessor Parcel Number: 020488390210106
  • Tax Total Finished Sq Ft: 1400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 01/14/2016

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2015
Closed on
Jan 14, 2016
Sold by
Kraus Theresa L
Bought by
Beale Willie H
Seller's Agent
Ed Haraway
EXIT First Realty
Buyer's Agent
Debra Russell
Douglas Realty, LLC
List Price
$245,000
Sold Price
$238,000
Premium/Discount to List
-$7,000
-2.86%
Current Estimated Value
$359,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,947
Avg. Annual Appreciation
4.34%
Original Mortgage
$243,100
Outstanding Balance
$193,406
Interest Rate
3.97%
Mortgage Type
VA
Estimated Equity
$166,541

Purchase Details

Closed on
Oct 25, 2007
Sold by
Kraus Walter
Bought by
Kraus Walter and Kraus Theresa L

Purchase Details

Closed on
Dec 8, 2006
Sold by
Kraus Walter
Bought by
Kraus Walter and Kraus Theresa L

Purchase Details

Closed on
Aug 9, 2006
Sold by
Lusby James
Bought by
Kraus Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2006
Sold by
Lusby James
Bought by
Kraus Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2002
Sold by
Sturbridge Village Condos Llc
Bought by
Sturbridge Village Condos Llc
Source: Public Records

Range of Values:

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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
Beale Willie H $238,000 First American Title Ins Co
Kraus Walter -- --
Kraus Walter -- --
Kraus Walter $359,900 --
Kraus Walter $359,900 --
Sturbridge Village Condos Llc $175,574 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beale Willie H $243,100
Previous Owner Kraus Walter $233,000
Previous Owner Kraus Walter $233,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2016 01/14/16 Sold $238,000 -2.9% $170 / Sq Ft
11/28/2015 11/28/15 Price Changed $245,000 +2.1% $175 / Sq Ft
11/26/2015 11/26/15 Pending -- -- --
11/21/2015 11/21/15 Price Changed $239,900 -2.1% $171 / Sq Ft
10/07/2015 10/07/15 For Sale $245,000 -- $175 / 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 $2,574 $273,000 $136,500 $136,500
2024 $2,574 $273,000 $136,500 $136,500
2023 $2,523 $273,000 $136,500 $136,500
2022 $2,853 $273,000 $136,500 $136,500
2021 $4,644 $261,333 $0 $0
2020 $2,272 $249,667 $0 $0
2019 $4,329 $238,000 $119,000 $119,000
2018 $2,271 $224,000 $0 $0
2017 $2,018 $210,000 $0 $0
2016 -- $196,000 $0 $0
2015 -- $191,333 $0 $0
2014 -- $186,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002739406

Bright MLS

APN: 04-883-90210106