NOT LISTED FOR SALE

2875 Lochness Ln Chesapeake Beach, MD 20732

Estimated Value: $462,560 - $560,000

3 Beds
2 Baths
2,248 Sq Ft
$218/Sq Ft Est. Value

Last Sold October 03, 2017

Last sale price $332,900 $148 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,952/month

Highlights

  • Home fronts navigable water
  • Water Access
  • Upgraded Countertops
  • Windy Hill Elementary School Rated A-
  • 0.8 Acre Lot
  • Baseball Field

About This Home

As of October 2017

ALL New Carpet throughout*Stainless Steel Appliances*Granite* Newer Washer/Dryer* 3 Garage Bays, 1 Garage is attached to home and a 24x28 detached garage w/electric. Very BIG addition give more sq. ft to Main Lvl*Fenced Yard*Home Qualifies for 100% Financing for Qualified buyers! CLOSE to the Bay! Restaurants, Shopping, Beaches, Board walks

Last Agent to Sell the Property

Lara Owings

(301) 904-2461 llojacono@yahoo.com RE/MAX Realty Group License #621449 Listed on: 08/04/2017

RE/MAX Realty Group

Last Buyer's Agent

Marika Clark

(443) 572-9169 marika@homesbymarika.com Blackwell Real Estate, LLC License #644964

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,239

Year Built

  • Built in 1986

Lot Details

  • 0.8 Acre Lot
  • Home fronts navigable water
  • Back Yard Fenced
  • Property is in very good condition

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Front Facing Garage

Home Design

  • Split Foyer
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Window Treatments
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Improved Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Outdoor Features

  • Water Access
  • Property near a bay
  • Patio

Schools

  • Windy Hill Elementary And Middle School
  • Northern High School

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 23R
  • Assessor Parcel Number 0503108473

Community Details

Overview

  • The Highlands Subdivision

Amenities

  • Common Area

Recreation

  • Baseball Field
  • Community Basketball Court
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,239

Year Built

Built in 1986

Lot Details

0

HOA Fees

$7 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2017-08-05
  • Year Built: 1986
  • Remarks Public: ALL New Carpet throughout*Stainless Steel Appliances*Granite* Newer Washer/Dryer* 3 Garage Bays, 1 Garage is attached to home and a 24x28 detached garage w/electric. Very BIG addition give more sq. ft to Main Lvl*Fenced Yard*Home Qualifies for 100% Financing for Qualified buyers! CLOSE to the Bay! Restaurants, Shopping, Beaches, Board walks
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Interior Amenities: Kitchen - Table Space, Upgraded Countertops, Window Treatments
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Improved, Heated, Windows, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 2248
  • Living Area Sq Ft: 2248
  • Price Per Sq Ft: 249.92
  • Above Grade Finished Sq Ft: 1320
  • Below Grade Finished Sq Ft: 928
  • Total Below Grade Sq Ft: 928
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2875

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Exterior Features: Sidewalks
  • Pool Private: No
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage - Front Entry
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Detached Garage

Utilities

  • Refuse: 123.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 85.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Baseball Field, Bike Trail, Common Grounds
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • Elementary School: WINDY HILL
  • Middle School: WINDY HILL
  • High School: NORTHERN
  • School District Key: 121139842846
  • Elementary School: WINDY HILL
  • High School: NORTHERN
  • Middle Or Junior School: WINDY HILL

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 149700.00
  • Land Assessed Value: 141500.00
  • Lot Size Acres: 0.80
  • Lot Size Area: 35026
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 35026.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14958036
  • Tax Annual Amount: 3238.81
  • Assessor Parcel Number: 0503108473
  • Tax Lot: 23R
  • Tax Total Finished Sq Ft: 928
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 10/03/2017

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2017
Closed on
Oct 3, 2017
Sold by
Blancato Louis V and Blancato Cathy A
Bought by
Caraballo Ariel D and Caraballo Melinda E
Seller's Agent
Lara Owings
RE/MAX Realty Group
Buyer's Agent
Marika Clark
Blackwell Real Estate, LLC
Sold Price
$332,900
Current Estimated Value
$489,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,490
Avg. Annual Appreciation
4.93%
Original Mortgage
$340,057
Outstanding Balance
$284,043
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$205,347

Purchase Details

Closed on
Jul 22, 1988
Sold by
Hensley Paul J and Hensley Judith L
Bought by
Blancato Louis and Blancato Cathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,734
Interest Rate
10.46%

Purchase Details

Closed on
Apr 16, 1987
Sold by
Calvert Highlands Ltd Ptnrshp, The
Bought by
Hensley Paul J and Hensley Judith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
9.43%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Caraballo Ariel D $332,900 Home First Title Group Llc
Blancato Louis $102,500 --
Hensley Paul J $82,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caraballo Ariel D $340,057
Previous Owner Blancato Louis $104,734
Previous Owner Hensley Paul J $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2017 10/03/17 Sold $332,900 +0.9% $148 / Sq Ft
08/25/2017 08/25/17 Pending -- -- --
08/19/2017 08/19/17 Price Changed $329,900 -- $147 / 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 $4,206 $393,600 $141,500 $252,100
2024 $4,206 $375,233 $0 $0
2023 $3,862 $356,867 $0 $0
2022 $3,668 $338,500 $141,500 $197,000
2021 $3,350 $322,733 $0 $0
2020 $3,350 $306,967 $0 $0
2019 $3,197 $291,200 $141,500 $149,700
2018 $3,170 $289,867 $0 $0
2017 $3,196 $288,533 $0 $0
2016 -- $287,200 $0 $0
2015 $2,838 $281,933 $0 $0
2014 $2,838 $276,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000153559

Bright MLS

APN: 03-108473