NOT LISTED FOR SALE

4007 Carousel Way Chesapeake Beach, MD 20732

Estimated Value: $607,000 - $694,000

2 Beds
2 Baths
1,990 Sq Ft
$322/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $590,000 $296 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,822/month

46 Days on Market

Highlights

  • Home fronts navigable water
  • Private Water Access
  • 2 Fireplaces
  • Beach Elementary School Rated A-
  • Fishing Allowed
  • Central Air

About This Home

As of January 2024

Detached Home in Chesapeake Station with WATERVIEW and ACCESS to the Chesapeake Bay steps away. This 2 BR, 2BA home is spacious and updated. All new glass windows and sliding doors on the front of the home to enhance the view of the Bay! All new appliances and total remodel of the kitchen was completed within the last five years. Both bathrooms have been remodeled to include new sinks, toilets, and showers and the upstairs/primary bedroom has an open concept with a new soaking tub. Can easily be (and is large enough to create) a third bedroom, if desired. HVAC system was replaced within the last 5 years. Bar area on lower level was created and new sink/cabinets were added. Upper and lower level fireplaces create a cozy environment for when the cooler weather comes in. Other new appliances that will convey include: washer, dryer, water filtration system, and water heater. Chesapeake Station is a waterside community with access to the Chesapeake Bay and boardwalk. This community has a private beach area and canoe/kayak storage area for property owners. It is walking distance to Chesapeake Beach Resort and Spa and the casino. Tons of amenities for locals in the area. Waterpark, public beach/fishing pier, shops, restaurants, and more. Great full or part time residence. Sorry, Chesapeake Beach does not allow short term rentals - no Airbnb or VRBO allowed.

Last Agent to Sell the Property

Farrah Fuchs

(301) 536-8726 farrah.fuchs@redfin.com Redfin Corp Listed on: 07/10/2023

Redfin Corp

Last Buyer's Agent

Tig Wright

(240) 585-0611 tig.wright@redfin.com Redfin Corp License #5004549

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,225

Year Built

  • Built in 1986

Lot Details

  • 4,343 Sq Ft Lot
  • Home fronts navigable water
  • Property is zoned MCR

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Split Level Home

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Private Water Access
  • Property near a bay

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0503101991

Community Details

Overview

  • Association fees include lawn maintenance, trash
  • Chesapeake Station Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,225

Year Built

Built in 1986

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1990
  • Living Area Sq Ft: 1990
  • Price Per Sq Ft: 608.78
  • Above Grade Finished Sq Ft: 1002
  • Below Grade Finished Sq Ft: 988
  • Total Below Grade Sq Ft: 988
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4007

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Water Access Features: Fishing Allowed, Private Access
  • 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: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Trash
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139842846
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4343.00
  • Year Assessed: 2023
  • Zoning: MCR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4225.00
  • Assessor Parcel Number: 0503101991
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 01/18/2024

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Jan 16, 2024
Sold by
Francis Eugene and Francis Marta
Bought by
Kurtz Estes Barbara
Seller's Agent
Farrah Fuchs
Redfin Corp
Buyer's Agent
Tig Wright
Redfin Corp
List Price
$639,000
Sold Price
$590,000
Premium/Discount to List
-$49,000
-7.67%
Views
568
Current Estimated Value
$640,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,512
Avg. Annual Appreciation
4.89%
Original Mortgage
$472,000
Outstanding Balance
$463,864
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$176,648

Purchase Details

Listed on
Nov 30, 2017
Closed on
Nov 30, 2017
Sold by
Schade Dennis C and Sophia Schade Family Trust
Bought by
Francis Eugene and Francis Marta
Seller's Agent
Connie Stommel
EXIT 1 Stop Realty
Buyer's Agent
Genna Fleming
Hyatt & Company Real Estate LLC
List Price
$409,000
Sold Price
$409,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$409,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2010
Sold by
Schade Dennis C and Schade Sophia
Bought by
Schade Dennis C and Schade Sophia

Purchase Details

Closed on
Jun 5, 1986
Sold by
Ches Beach Park Asso Joint Venture
Bought by
Schade Dennis C and Schade Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
10.38%
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
Kurtz Estes Barbara $590,000 Title Forward
Estes Barbara Kurtz $590,000 Title Forward
Francis Eugene $409,000 Title Max Llc
Schade Dennis C -- --
Schade Dennis C $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estes Barbara Kurtz $472,000
Closed Estes Barbara Kurtz $472,000
Previous Owner Francis Eugene $409,000
Previous Owner Schade Dennis C $127,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2024 01/18/24 Sold $590,000 -3.3% $296 / Sq Ft
07/26/2023 07/26/23 Price Changed $610,000 -4.5% $307 / Sq Ft
07/10/2023 07/10/23 For Sale $639,000 +56.2% $321 / Sq Ft
11/30/2017 11/30/17 Sold $409,000 0.0% $182 / Sq Ft View Prior Sale
11/30/2017 11/30/17 Pending -- -- --
11/30/2017 11/30/17 For Sale $409,000 0.0% $182 / Sq Ft
01/15/2016 01/15/16 Rented $1,695 -22.8% --
01/12/2016 01/12/16 Under Contract -- -- --
08/06/2015 08/06/15 For Rent $2,195 +21.9% --
05/28/2013 05/28/13 Rented $1,800 -16.3% --
05/28/2013 05/28/13 Under Contract -- -- --
02/23/2013 02/23/13 For Rent $2,150 -- --
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 $4,532 $443,400 $170,500 $272,900
2024 $4,532 $420,400 $0 $0
2023 $4,131 $397,400 $0 $0
2022 $3,966 $374,400 $170,500 $203,900
2021 $3,654 $356,100 $0 $0
2020 $3,654 $337,800 $0 $0
2019 $3,504 $319,500 $170,500 $149,000
2018 $3,457 $314,800 $0 $0
2017 $3,469 $310,100 $0 $0
2016 -- $305,400 $0 $0
2015 -- $305,400 $0 $0
2014 -- $305,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2012168

Bright MLS

APN: 03-101991