NOT LISTED FOR SALE

3224 Mears Bend Chesapeake Beach, MD 20732

Estimated Value: $552,459 - $698,000

4 Beds
2.5 Baths
1,990 Sq Ft
$309/Sq Ft Est. Value

Last Sold July 20, 2016

Last sale price $390,000 $196 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,633/month

27 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Mud Room
  • Beach Elementary School Rated A-
  • Wood Flooring
  • Game Room

About This Home

As of July 2016

Great neighborhood, great location, great price! This 3 level colonial has been remodeled and renovated throughout with new flooring including bamboo wide plank floors, new kitchen with gorgeous soapstone counter tops, river stone landscaping, level backyard has new vinyl privacy fence. 4 generous sized bedrooms on upper level, lower level has rec room and room to grow.

Last Agent to Sell the Property

Becky King

(443) 624-3359 bking@hometownerealestate.net Home Towne Real Estate License #595255 Listed on: 05/11/2016

Home Towne Real Estate

Last Buyer's Agent

Judith Shaner

(410) 610-8000 judyshaner@comcast.net RE/MAX Realty Group

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,184

Year Built

  • Built in 2000

Lot Details

  • 8,362 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Gas Fireplace
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Family Room Off Kitchen
  • Dining Room
  • Den
  • Game Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Schools

  • Beach Elementary School
  • Windy Hill Middle School
  • Northern High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Bayview Hills Subdivision

Listing and Financial Details

  • Tax Lot 155R
  • Assessor Parcel Number 0503131378

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,184

Year Built

Built in 2000

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2016-05-13
  • Year Built: 2000
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Interior Amenities: Family Room Off Kitchen, Breakfast Area, Dining Area, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Foyer, Study, Laundry, Mud Room, Storage Room, Utility Room
  • Basement: Yes
  • Basement Type: Full, Improved, Partially Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Roof: Asphalt
  • 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
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 121.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 25.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: BEACH
  • High School: NORTHERN
  • Middle Or Junior School: WINDY HILL

Lot Info

  • Improvement Assessed Value: 201300.00
  • Land Assessed Value: 100100.00
  • Lot Size Acres: 0.19
  • Lot Size Area: 8362
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8362.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14956625
  • Tax Annual Amount: 3184.10
  • Assessor Parcel Number: 0503131378
  • Tax Lot: 155R
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Jul 20, 2016
Sold by
Doughty Thomas G and Doughty Sarah L
Bought by
Gibson Andrew M and Gibson Brittany
Seller's Agent
Becky King
Home Towne Real Estate
Buyer's Agent
Judith Shaner
RE/MAX Realty Group
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Current Estimated Value
$609,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,847
Avg. Annual Appreciation
4.98%
Original Mortgage
$370,500
Outstanding Balance
$299,709
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$315,656

Purchase Details

Closed on
Jan 22, 2014
Sold by
Stevens Sharon B and Stevens James R
Bought by
Doughty Thomas G and Doughty Sarah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,632
Interest Rate
4.47%
Mortgage Type
VA

Purchase Details

Listed on
Mar 21, 2011
Closed on
Jun 22, 2012
Sold by
Morgan Theodore K and Morgan Meredith A
Bought by
Doughty Sarah L and Stevens Sharon B
Seller's Agent
Jean Herne
Samson Properties
Buyer's Agent
Don Wares
Long & Foster Real Estate, Inc.
List Price
$345,000
Sold Price
$321,000
Premium/Discount to List
-$24,000
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$315,185
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2000
Sold by
Builders Mgmt Grp Of Md Llc
Bought by
Morgan Theodore K and Morgan Meredith A

Purchase Details

Closed on
Jan 23, 1996
Sold by
Bay Venture Partnership The
Bought by
Monterey Properties Inc
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
Gibson Andrew M $390,000 Commonwealth Title Ins Co
Doughty Thomas G -- Lakeside Title Company
Doughty Sarah L $321,000 Millennium Title & Abstract
Morgan Theodore K $214,411 --
Monterey Properties Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Andrew M $370,500
Previous Owner Doughty Thomas G $325,632
Previous Owner Doughty Sarah L $315,185
Closed Morgan Theodore K --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2016 07/20/16 Sold $390,000 -2.5% $196 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $399,900 +24.6% $201 / Sq Ft
06/22/2012 06/22/12 Sold $321,000 -4.2% $161 / Sq Ft View Prior Sale
02/17/2012 02/17/12 Pending -- -- --
01/26/2012 01/26/12 Price Changed $335,000 -2.9% $168 / Sq Ft
01/04/2012 01/04/12 Price Changed $345,000 0.0% $173 / Sq Ft
01/04/2012 01/04/12 For Sale $345,000 +7.5% $173 / Sq Ft
12/31/2011 12/31/11 Off Market $321,000 -- --
09/26/2011 09/26/11 For Sale $385,000 +19.9% $193 / Sq Ft
09/20/2011 09/20/11 Off Market $321,000 -- --
06/27/2011 06/27/11 Price Changed $385,000 -2.5% $193 / Sq Ft
05/23/2011 05/23/11 Price Changed $394,900 -0.6% $198 / Sq Ft
05/03/2011 05/03/11 Price Changed $397,400 -0.6% $200 / Sq Ft
04/12/2011 04/12/11 Price Changed $399,900 -2.5% $201 / Sq Ft
03/21/2011 03/21/11 For Sale $410,000 -- $206 / 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 $4,917 $456,900 $100,100 $356,800
2024 $4,643 $431,033 $0 $0
2023 $4,209 $405,167 $0 $0
2022 $4,016 $379,300 $100,100 $279,200
2021 $3,920 $371,333 $0 $0
2020 $3,920 $363,367 $0 $0
2019 $3,882 $355,400 $100,100 $255,300
2018 $3,696 $337,400 $0 $0
2017 $3,569 $319,400 $0 $0
2016 -- $301,400 $0 $0
2015 $3,135 $297,967 $0 $0
2014 $3,135 $294,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003905627

Bright MLS

APN: 03-131378