NOT LISTED FOR SALE

3550 Karen Dr Chesapeake Beach, MD 20732

Estimated Value: $620,977 - $675,000

4 Beds
3.5 Baths
3,200 Sq Ft
$204/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $524,000 $164 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,858/month

Highlights

  • Second Kitchen
  • View of Trees or Woods
  • Colonial Architecture
  • Sunderland Elementary School Rated A-
  • 1.45 Acre Lot
  • Deck

About This Home

As of December 2021

VERY VERY MOTIVATED SELLER! House has potential rental income of $1500 to $1800 a month!!!!FABULOUS OPPORTUNITY!! There are TWO separate homes connected by a screened breezeway! Fantastic multigenerational property or potential rental income! Why rent office space when you have it attached to the main house. The second house could be your new office space. Great for a day care, Lawyer office or even an accounting Tax office. This property boasts masterful craftsmanship and attention to detail. New carpet in main home and second dwelling, roof replace in last 5-7yrs, new porch and updated windows. Main home is a 3 bedroom, 2.5 bathroom colonial with 2-car garage. Other dwelling has 1 bed ,1 bath , kitchen with its own laundry space. and a full unfinished basement that can be finished or use as additional storage. SO MUCH VALUE! Just a short walk to the community lake where you can enjoy fishing or a picnic. The main home's kitchen has been beautifully updated and is open to dinning area. The family room has a wood fireplace and beautiful hardwood flooring. The original owners have taken excellent care of the property- time to make it yours! ALL offers will be considered!!!

Last Agent to Sell the Property

Tony Martin

(301) 870-7653 tony.martin1@cbrealty.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 07/23/2021

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Corry Deale

(410) 610-8823 corry.remaxone@gmail.com RE/MAX One

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,391

Year Built

  • Built in 1989

Lot Details

  • 1.45 Acre Lot
  • Property is in very good condition

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 2 Levels
  • Crown Molding
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Views of Woods
  • Basement
  • Crawl Space

Kitchen

  • Country Kitchen
  • Second Kitchen
  • Kitchen in Efficiency Studio
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathtub with Shower

Outdoor Features

  • Balcony
  • Deck
  • Breezeway
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • Lake Karylbrook Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 0503078868

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,391

Year Built

Built in 1989

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Cabinets in garage!
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-07-28
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: 2nd Kitchen, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Crown Moldings, Family Room Off Kitchen, Kitchen - Efficiency, Kitchen - Country, Pantry, Primary Bath(s), Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Stove - Wood
  • Fireplaces Count: 1
  • Foundation Details: Crawl Space, Block
  • Levels Count: 2
  • Room List: In-Law/AuPair/Suite
  • Basement: Yes
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 3200
  • Price Per Sq Ft: 164.03
  • Above Grade Finished Sq Ft: 3200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Road Surface Type: Black Top
  • Roof: Composite, Shingle
  • View: Trees/Woods
  • 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: Asphalt Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 216600.00
  • Land Assessed Value: 154500.00
  • Lot Size Acres: 1.45
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 63162.00
  • Outdoor Living Structures: Breezeway, Balcony, Deck(s), Porch(es)
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Zoning: A
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14959842
  • Tax Annual Amount: 4391.00
  • Assessor Parcel Number: 0503078868
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Dec 17, 2021
Sold by
Ranere Ronald Price and Ranere Sherry
Bought by
Sweet Kristine Price and Sweet Richard Lee
Seller's Agent
Tony Martin
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Corry Deale
RE/MAX One
List Price
$650,000
Sold Price
$524,000
Premium/Discount to List
-$126,000
-19.38%
Current Estimated Value
$652,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,994
Avg. Annual Appreciation
5.87%
Original Mortgage
$419,000
Outstanding Balance
$384,472
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$268,522

Purchase Details

Closed on
Jun 16, 2020
Sold by
Ranere Ronald Price
Bought by
Ranere Ronald Price and Ranere Sherry

Purchase Details

Closed on
Jan 11, 2012
Sold by
Ranere Ronald P and Ranere Michele D
Bought by
Ranere Ronald Price and Ranere Donna Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Sweet Kristine Price $524,000 Bayview Title Llc
Ranere Ronald Price -- None Available
Ranere Ronald Price -- Champion Title & Settlements
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweet Kristine Price $419,000
Previous Owner Ranere Ronald Price $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $524,000 -0.2% $164 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
09/09/2021 09/09/21 Price Changed $524,900 -5.4% $164 / Sq Ft
09/01/2021 09/01/21 Price Changed $555,000 -4.1% $173 / Sq Ft
08/18/2021 08/18/21 Price Changed $579,000 -10.8% $181 / Sq Ft
07/26/2021 07/26/21 Price Changed $649,000 -0.2% $203 / Sq Ft
07/23/2021 07/23/21 For Sale $650,000 -- $203 / 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 $5,235 $503,000 $154,500 $348,500
2024 $5,235 $465,067 $0 $0
2023 $4,652 $427,133 $0 $0
2022 $4,255 $389,200 $154,500 $234,700
2021 $8,510 $383,167 $0 $0
2020 $4,142 $377,133 $0 $0
2019 $3,893 $371,100 $154,500 $216,600
2018 $3,893 $371,100 $154,500 $216,600
2017 $4,174 $371,100 $0 $0
2016 -- $375,100 $0 $0
2015 $4,237 $375,100 $0 $0
2014 $4,237 $375,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDCA2000626

Bright MLS

APN: 03-078868