NOT LISTED FOR SALE

501 Chesterfield Ave Centreville, MD 21617

Estimated Value: $473,892 - $568,000

3 Beds
2 Baths
2,238 Sq Ft
$230/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $338,500 $151 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,137/month

212 Days on Market

Highlights

  • Home fronts navigable water
  • 0.52 Acre Lot
  • Curved or Spiral Staircase
  • Water Access
  • Open Floorplan
  • Stream or River on Lot

About This Home

As of June 2018

Historical Charm !! Beautifully Renovated Kitchen, oversize lot ( over 1/2 acre ), Detached 2 Car Garage finished with Garage Tec Interior & 2nd Floor Studio ( w/ Heat & AC ) Underground Dog Fence, Enclosed Garden Room, Perimeter White Vinyl Fencing, Private Deck w/ Retractable Awning, A short walk to public landing on the Corsica River.

Last Agent to Sell the Property

Ken Lauer

(443) 588-5062 kglauer12@yahoo.com EXIT Results Realty Listed on: 09/19/2017

Last Buyer's Agent

Gretchen Wichlinski

(410) 490-7779 g.v.wichlinski@gmail.com Compass License #645386

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,020

Year Built

  • Built in 1918

Lot Details

  • 0.52 Acre Lot
  • Home fronts navigable water
  • Property is in very good condition
  • Property is zoned R-2

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Victorian Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,238 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Curved or Spiral Staircase
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Insulated Windows
  • French Doors
  • Dining Area
  • Wood Flooring
  • Basement
  • Sump Pump
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Water Access
  • River Nearby
  • Stream or River on Lot

Schools

  • Centreville Middle School
  • Queen Anne's County High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Centreville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1803011593

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,020

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2017-09-22
  • Year Built: 1918
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Microwave, Dishwasher, Refrigerator, Icemaker, Oven/Range - Electric, Water Heater
  • Interior Amenities: Kitchen - Island, Dining Area, Upgraded Countertops, Crown Moldings, Wood Floors, Curved Staircase, Recessed Lighting, Floor Plan - Open
  • Window Features: Insulated, Storm
  • Fireplace: No
  • Door Features: Storm, French
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Hall
  • Levels Count: 3+
  • Room List: Primary Bedroom, Bedroom 2, Attic
  • Basement: Yes
  • Basement Type: Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 2238
  • Living Area Sq Ft: 2238
  • Price Per Sq Ft: 154.16
  • Above Grade Finished Sq Ft: 2238
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Satellite Dish
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: Yes
  • Water Body Name: CORSICA LANDING
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Detached, Garage, Asphalt Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Refuse: 180.00
  • 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
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: QUEEN ANNE'S COUNTY
  • Middle Or Junior School: CENTREVILLE

Lot Info

  • Improvement Assessed Value: 218400.00
  • Land Assessed Value: 91700.00
  • Lot Size Acres: 0.52
  • Lot Size Area: 22500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22500.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4515630
  • Tax Annual Amount: 4020.33
  • Assessor Parcel Number: 1803011593
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2017
Closed on
Jun 6, 2018
Sold by
Lauer Kenneth George
Bought by
Holdgreve Christopher and Holdgreve Jennifer
Seller's Agent
Ken Lauer
EXIT Results Realty
Buyer's Agent
Gretchen Wichlinski
Compass
List Price
$359,000
Sold Price
$338,500
Premium/Discount to List
-$20,500
-5.71%
Current Estimated Value
$515,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,223
Avg. Annual Appreciation
5.81%
Original Mortgage
$332,368
Outstanding Balance
$293,586
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$222,137

Purchase Details

Listed on
Apr 10, 2013
Closed on
Nov 18, 2013
Sold by
Sheppard Beverly
Bought by
Lauer Kenneth George
Seller's Agent
Joyce Wallace
Coldwell Banker Realty
Buyer's Agent
Ken Lauer
EXIT Results Realty
List Price
$369,000
Sold Price
$315,000
Premium/Discount to List
-$54,000
-14.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.59%
Original Mortgage
$225,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 15, 2006
Sold by
Cochran William D
Bought by
John Sheppard and T/E Beverly Sheppard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2006
Sold by
Cochran William D
Bought by
John Sheppard and T/E Beverly Sheppard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2005
Sold by
Roberts Paul Edward Charlotte A
Bought by
Cochran William D and T/E Heidi A Cochran
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
Holdgreve Christopher $338,500 The Atlantic Title Group
Lauer Kenneth George $315,000 Quiet Title Llc
John Sheppard $389,000 --
John Sheppard $389,000 --
Cochran William D $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holdgreve Christopher $332,368
Previous Owner Lauer Kenneth George $225,000
Previous Owner John Sheppard $300,000
Previous Owner John Sheppard $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2018 06/08/18 Sold $338,500 -1.9% $151 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
10/10/2017 10/10/17 Price Changed $345,000 -3.9% $154 / Sq Ft
09/19/2017 09/19/17 For Sale $359,000 +14.0% $160 / Sq Ft
11/18/2013 11/18/13 Sold $315,000 -4.5% $141 / Sq Ft View Prior Sale
08/02/2013 08/02/13 Price Changed $329,900 -5.7% $147 / Sq Ft
05/13/2013 05/13/13 Price Changed $349,900 -5.2% $156 / Sq Ft
04/10/2013 04/10/13 For Sale $369,000 -- $165 / 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 $5,015 $377,900 $0 $0
2024 $4,710 $349,700 $114,300 $235,400
2023 $4,568 $339,100 $0 $0
2022 $4,425 $328,500 $0 $0
2021 $4,337 $317,900 $91,700 $226,200
2020 $3,930 $315,300 $0 $0
2019 $3,894 $312,700 $0 $0
2018 $4,230 $310,100 $91,700 $218,400
2017 $3,562 $295,300 $0 $0
2016 -- $280,500 $0 $0
2015 $2,243 $265,700 $0 $0
2014 $2,243 $265,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003310821

Bright MLS

APN: 03-011593