NOT LISTED FOR SALE

345 Terrace Dr Prince Frederick, MD 20678

Estimated Value: $486,975 - $560,000

3 Beds
2 Baths
1,576 Sq Ft
$326/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $389,000 $247 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,060/month

5 Days on Market

Highlights

  • 4.15 Acre Lot
  • Deck
  • No HOA
  • Calvert Elementary School Rated A-
  • Rambler Architecture
  • Breakfast Area or Nook

About This Home

As of April 2021

Something for everyone here at this 4 acre farmette. Cute rambler is move-in ready. No HOA! The property includes a huge 20x26 detached garage. Take it all in from the huge deck. This home is full of personality and upgrades and all that is missing is you.

Last Agent to Sell the Property

Dawn Riley

(443) 532-2430 dawn@rileyteam.net RE/MAX One Listed on: 03/30/2021

RE/MAX One

Last Buyer's Agent

Ray Mudd

(301) 261-9700 raymuddc21@aol.com Schwartz Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,507

Year Built

  • Built in 1986

Lot Details

  • 4.15

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,576 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Basement with some natural light

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Deck
  • 4.15 Acre Lot

Community Details

  • No Home Owners Association
  • Hidden Valley Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 0502056542

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,507

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-04-01
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Primary Bath(s)
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Daylight, Partial, Outside Entrance, Walkout Level
  • Total Sq Ft: 1576
  • Living Area Sq Ft: 1576
  • Price Per Sq Ft: 246.83
  • Above Grade Finished Sq Ft: 1576
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Poultry House
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Off Street, Detached Garage

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 132800.00
  • Land Assessed Value: 173400.00
  • Lot Size Acres: 4.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 180774.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: A
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14969225
  • Tax Annual Amount: 3507.00
  • Assessor Parcel Number: 0502056542
  • Tax Lot: 16
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
Apr 30, 2021
Sold by
Figueroa Fallon Bree
Bought by
Greenstreet Seth A and Horn Kimberly N
Seller's Agent
Dawn Riley
RE/MAX One
Buyer's Agent
Ray Mudd
Schwartz Realty, Inc.
List Price
$389,000
Sold Price
$389,000
Current Estimated Value
$513,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,494
Avg. Annual Appreciation
6.24%
Original Mortgage
$350,100
Outstanding Balance
$317,278
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$196,216

Purchase Details

Listed on
Feb 8, 2018
Closed on
Jul 13, 2018
Sold by
Carey James B and Carey Patricia K
Bought by
Figueroa Fallon Bree
Seller's Agent
Becky Hammer
Home Towne Real Estate
Buyer's Agent
Timothy Cate
Laura Litten Real Estate
List Price
$337,999
Sold Price
$320,000
Premium/Discount to List
-$17,999
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$314,204
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 2003
Sold by
Jordan Myrtle T
Bought by
Carey James B and Carey Patricia K

Purchase Details

Closed on
Jul 6, 1984
Sold by
Wexford Corp
Bought by
Jordan Myrtle T
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
Greenstreet Seth A $389,000 Safeguard Title Ins Agcy Inc
Figueroa Fallon Bree $320,000 Rgs Title Llc
Carey James B $135,000 --
Jordan Myrtle T $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenstreet Seth A $350,100
Previous Owner Figueroa Fallon Bree $314,204
Closed Carey James B --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Sold $389,000 0.0% $247 / Sq Ft
03/30/2021 03/30/21 For Sale $389,000 +21.6% $247 / Sq Ft
07/13/2018 07/13/18 Sold $320,000 -1.5% $253 / Sq Ft View Prior Sale
06/04/2018 06/04/18 Pending -- -- --
04/25/2018 04/25/18 Price Changed $324,999 -3.8% $257 / Sq Ft
02/08/2018 02/08/18 For Sale $337,999 -- $267 / 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 $4,272 $392,367 $0 $0
2024 $4,272 $375,800 $173,400 $202,400
2023 $3,878 $352,600 $0 $0
2022 $3,633 $329,400 $0 $0
2021 $7,267 $306,200 $173,400 $132,800
2020 $3,303 $296,733 $0 $0
2019 $3,013 $287,267 $0 $0
2018 $2,914 $277,800 $173,400 $104,400
2017 $3,007 $271,600 $0 $0
2016 -- $265,400 $0 $0
2015 $3,130 $259,200 $0 $0
2014 $3,130 $259,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA181684

Bright MLS

APN: 02-056542