NOT LISTED FOR SALE

281 Chesapeake Ave Prince Frederick, MD 20678

Estimated Value: $1,237,000 - $1,584,000

4 Beds
3.5 Baths
3,036 Sq Ft
$463/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $1,210,000 $399 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,680/month

Highlights

  • Primary bedroom faces the bay
  • 1 Dock Slip
  • Home fronts navigable water
  • Calvert Elementary School Rated A-
  • Pier
  • Fishing Allowed

About This Home

As of June 2021

For comp purposes only. Amazing waterfront home with the finest of detail and craftsmanship. Original old home almost completely removed and new house constructed. Soaring windows, open spaces, hardwood floors. Panoramic Bay views from all rooms, decks and yard. Spectacular hardscape, pier and boat lift.

Last Agent to Sell the Property

Sally Showalter

RE/MAX One Listed on: 06/01/2021

RE/MAX One

Last Buyer's Agent

Ryan Hutchins

Hutchins Properties License #658941

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,322

Year Built

  • Built in 1946

Lot Details

  • 9,000 Sq Ft Lot
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Stone Retaining Walls
  • Landscaped
  • Extensive Hardscape
  • Premium Lot
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • Bay
  • Panoramic

Home Design

  • Contemporary Architecture
  • HardiePlank Type

Interior Spaces

  • 3,036 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Screen For Fireplace
  • Awning
  • Formal Dining Room
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Stove
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Private Water Access
  • Property near a bay
  • Personal Watercraft
  • Rip-Rap
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 2 Powered Boats Permitted
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Bottled Gas Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 0502028042

Community Details

Overview

  • No Home Owners Association
  • Dares Beach Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,322

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1946
  • Building Winterized: No
  • Remarks Public: For comp purposes only. Amazing waterfront home with the finest of detail and craftsmanship. Original old home almost completely removed and new house constructed. Soaring windows, open spaces, hardwood floors. Panoramic Bay views from all rooms, decks and yard. Spectacular hardscape, pier and boat lift.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove
  • Flooring Type: Hardwood
  • Interior Amenities: Dining Area, Primary Bath(s), Ceiling Fan(s), Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Island, Primary Bedroom - Bay Front, Recessed Lighting, Stall Shower, Walk-In Closet(s)
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 3036
  • Living Area Sq Ft: 3036
  • Price Per Sq Ft: 398.55
  • Above Grade Finished Sq Ft: 3036
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 281

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Exterior Features: Awning(s), Extensive Hardscape, Exterior Lighting, Stone Retaining Walls
  • View: Bay, Panoramic, Water
  • Water Access Features: Boat - Powered, Fishing Allowed, Personal Watercraft (PWC), Private Access
  • Water Access: Yes
  • Water Body Name: Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Crushed Stone, Gravel Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Off Street
  • Off Street Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139842846
  • School District Source: 3rd Party

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 623600.00
  • Land Assessed Value: 253400.00
  • Land Use Code: 010
  • Lot Features: Landscaping, Premium, Rip-Rapped
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9000.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R-1
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14971315
  • Tax Annual Amount: 9322.00
  • Assessor Parcel Number: 0502028042
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 3036
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/01/2021

Multi Family

  • Mean Low Water Feet: 2
  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jun 1, 2021
Sold by
Carnaggio Stephen D and Carnaggio Susan F
Bought by
Bjoring Jonathan Edward
Seller's Agent
Sally Showalter
RE/MAX One
Buyer's Agent
Ryan Hutchins
Hutchins Properties
List Price
$1,210,000
Sold Price
$1,210,000
Current Estimated Value
$1,405,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,027
Avg. Annual Appreciation
3.60%
Original Mortgage
$960,000
Outstanding Balance
$871,051
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$533,976

Purchase Details

Listed on
Jul 13, 2018
Closed on
Sep 19, 2018
Sold by
Halloway Holdings Llc
Bought by
Carnaggio Susan F and Carnaggio Stephen D
Seller's Agent
Tracy Goins
BOSS Real Estate, LLC
Buyer's Agent
Adam Light
Monument Sotheby's International Realty
List Price
$910,000
Sold Price
$880,000
Premium/Discount to List
-$30,000
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%
Original Mortgage
$704,000
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 30, 2016
Closed on
Nov 18, 2016
Sold by
Wells Fargo Ak Na
Bought by
Hallowy Hodlgn
Seller's Agent
David Sweeney
RealHome Services and Solutions, Inc.
Buyer's Agent
Roberto Osorio
The Wright Realtor, LLC
List Price
$288,000
Sold Price
$372,319
Premium/Discount to List
$84,319
29.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.48%
Original Mortgage
$300,000
Interest Rate
4.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2005
Sold by
Wye Christopher G and Wye Jean B
Bought by
Ademski Stephen Bernard and Andress Cynthia Short

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.73%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 15, 2005
Sold by
Wye Christopher G and Wye Jean B
Bought by
Ademski Stephen Bernard and Andress Cynthia Short

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.73%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 27, 1997
Sold by
Edwards Benjamin D
Bought by
Wye Christopher G and Wye Jean B
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
Bjoring Jonathan Edward $1,210,000 Blue Crab Title & Escrow Llc
Carnaggio Susan F $880,000 New Line Title & Escrow Co
Hallowy Hodlgn $372,319 None Available
Ademski Stephen Bernard $600,000 --
Ademski Stephen Bernard $600,000 Beltway Title & Abstract Inc
Wye Christopher G $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bjoring Jonathan Edward $960,000
Previous Owner Carnaggio Susan F $704,000
Previous Owner Halloway Holdings Llc $300,000
Previous Owner Hallowy Hodlgn $300,000
Previous Owner Ademski Stephen Bernard $749,900
Previous Owner Ademski Stephen B $700,000
Previous Owner Ademski Stephen Bernard $120,000
Previous Owner Ademski Stephen Bernard $480,000
Closed Wye Christopher G --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $1,210,000 0.0% $399 / Sq Ft
06/01/2021 06/01/21 For Sale $1,210,000 +37.5% $399 / Sq Ft
09/19/2018 09/19/18 Sold $880,000 -3.3% $243 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $910,000 +144.4% $251 / Sq Ft
12/19/2016 12/19/16 Sold $372,319 +29.3% $114 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
10/21/2016 10/21/16 For Sale $288,000 0.0% $88 / Sq Ft
09/07/2016 09/07/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $288,000 -- $88 / 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 $12,282 $1,184,533 $0 $0
2024 $12,282 $1,123,700 $313,000 $810,700
2023 $10,975 $1,041,467 $0 $0
2022 $10,117 $959,233 $0 $0
2021 $20,235 $877,000 $253,400 $623,600
2020 $9,058 $853,733 $0 $0
2019 $8,712 $830,467 $0 $0
2018 $5,695 $542,900 $253,400 $289,500
2017 $5,899 $542,900 $0 $0
2016 -- $542,900 $0 $0
2015 $4,697 $548,700 $0 $0
2014 $4,697 $548,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA182392

Bright MLS

APN: 02-028042