NOT LISTED FOR SALE

4050 8th St North Beach, MD 20714

Estimated Value: $191,000 - $374,483

3 Beds
1 Bath
998 Sq Ft
$297/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $140,000 $140 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,868/month

10 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • Rambler Architecture
  • Windy Hill Elementary School Rated A-
  • Public Beach
  • 4-minute walk to Robert W. Callis Memorial Park

About This Home

As of July 2022

This property will be sold at ONLINE AUCTION.

Bidding opens at 12 Noon on Wednesday, June 29, 2022 and closes at 1:00 pm on Friday, July 1, 2022.

3 Bed, 1 Bath, end lot located in the heart of North Beach, MD - ready for renovation. Unique layout with large, sun-filled living room. Just a few blocks from the Chesapeake Bay and within walking distance to restaurants, shops & boardwalk.

Property is vacant. Please schedule all showings online via Showing Time.

This property is being sold subject to an assignable contract of sale. There is a 6% Buyer's Premium which will be added to the sale price.

Buyers and Agents can register online where a complete due diligence package is available for review which includes photos, Neighborhood Scout and more.

Last Agent to Sell the Property

Jesse Greer

Alberti Realty, LLC Listed on: 06/21/2022

Last Buyer's Agent

Susan Motaghi

Maharzada Realtors Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,498

Year Built

  • Built in 1940

Lot Details

  • 2,625 Sq Ft Lot
  • Home fronts navigable water
  • Public Beach
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 998 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • Property near a bay

Schools

  • Windy Hill Elementary And Middle School
  • Northern High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • North Chesapeake Beach Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 0503055159

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,498

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: This property will be sold at ONLINE AUCTION. Bidding opens at 12 Noon on Wednesday, June 29, 2022 and closes at 1:00 pm on Friday, July 1, 2022. 3 Bed, 1 Bath, end lot located in the heart of North Beach, MD - ready for renovation. Unique layout with large, sun-filled living room. Just a few blocks from the Chesapeake Bay and within walking distance to restaurants, shops & boardwalk. Property is vacant. Please schedule all showings online via Showing Time. This property is being sold subject to an assignable contract of sale. There is a 6% Buyer's Premium which will be added to the sale price. Buyers and Agents can register online where a complete due diligence package is available for review which includes photos, Neighborhood Scout and more.
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 998
  • Living Area Sq Ft: 998
  • Price Per Sq Ft: 90.18
  • Above Grade Finished Sq Ft: 998
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4050

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Brick
  • Roof: Asphalt
  • Spa: No
  • Water Access Features: Public Beach
  • Water Access: Yes
  • Water Body Name: Chesapeak
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

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

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

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • Elementary School: WINDY HILL
  • Middle School: WINDY HILL
  • High School: NORTHERN
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121139842846
  • School District Source: 3rd Party
  • Elementary School: WINDY HILL
  • High School: NORTHERN
  • Middle Or Junior School: WINDY HILL

Lot Info

  • Improvement Assessed Value: 77400.00
  • Land Assessed Value: 82400.00
  • Land Use Code: R
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2625.00
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14960912
  • Tax Annual Amount: 2498.00
  • Assessor Parcel Number: 0503055159
  • Tax Lot: 33
  • Tax Total Finished Sq Ft: 998
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/15/2022

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Jul 15, 2022
Sold by
Burgess Brenda S
Bought by
Nadeem Mohammad and Gill Raminder S
Seller's Agent
Jesse Greer
Alberti Realty, LLC
Buyer's Agent
Susan Motaghi
Maharzada Realtors Inc.
List Price
$90,000
Sold Price
$140,000
Premium/Discount to List
$50,000
55.56%
Current Estimated Value
$296,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,121
Avg. Annual Appreciation
27.51%

Purchase Details

Closed on
Mar 24, 2011
Sold by
Mathias Brenda S
Bought by
Burgess Brenda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,105
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2011
Sold by
Mathias Brenda S
Bought by
Burgess Brenda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,105
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 1990
Sold by
Milanese Hugh
Bought by
Mathias Brenda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,600
Interest Rate
10.24%

Purchase Details

Closed on
May 18, 1988
Sold by
Evans William J
Bought by
Milanese Hugh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,950
Interest Rate
10.4%
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
Nadeem Mohammad $140,000 --
Burgess Brenda S -- --
Burgess Brenda S -- --
Mathias Brenda S $78,000 --
Milanese Hugh $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burgess Brenda S $162,105
Previous Owner Burgess Brenda S $162,105
Previous Owner Mathias Brenda S $144,486
Previous Owner Mathias Brenda S $79,600
Previous Owner Milanese Hugh $38,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $140,000 +55.6% $140 / Sq Ft
07/05/2022 07/05/22 For Sale $90,000 -35.7% $90 / Sq Ft
07/01/2022 07/01/22 Off Market $140,000 -- --
06/21/2022 06/21/22 For Sale $90,000 -- $90 / 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 $2,951 $82,400 $82,400 $0
2024 $2,951 $176,067 $0 $0
2023 $2,827 $167,933 $0 $0
2022 $1,660 $159,800 $82,400 $77,400
2021 $1,503 $159,800 $82,400 $77,400
2020 $2,941 $159,800 $82,400 $77,400
2019 $2,157 $160,300 $82,400 $77,900
2018 $2,137 $158,800 $0 $0
2017 $2,869 $157,300 $0 $0
2016 -- $155,800 $0 $0
2015 $2,878 $155,800 $0 $0
2014 $2,878 $155,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2007048

Bright MLS

APN: 03-055159