NOT LISTED FOR SALE

502 Chesterfield Ave Centreville, MD 21617

Estimated Value: $615,000 - $736,999

4 Beds
2.5 Baths
2,951 Sq Ft
$230/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $656,000 $222 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,214/month

4 Days on Market

Highlights

  • Water Oriented
  • Open Floorplan
  • Deck
  • River View
  • Dual Staircase
  • Traditional Architecture

About This Home

As of April 2023

Step into the Past, with Modern-Day Flair! This Downtown Centreville Gem of a home with 3 finished levels is Ready for 'her' new Lucky Owner! RARE Offering at this Simply STUNNING, Updated, Beauty! Boasting 2,951 Square Feet with Ample Character Throughout! Historic charm with Exceptional, Modern-Day Updates! Private Patio Overlooking wide Serene Stream Views at the Headwaters of the Corsica River, Open Floor-Plan Makes Entertaining a Breeze! Gorgeous Primary Bath and bedroom remodel! Recessed Lighting, 4 Generously-Sized Upper-Level Bedrooms, 2.5 Baths, Classic updates Throughout with lighting, closet shelving, Brazilian hardwoods first floor and newer wood veneer flooring Primary BR/Bath. Welcoming Front Porch for Coffee & Cocktail Sipping & Stunning Water Views from Nearly Every Room! Large Detached "She Shed" with plank flooring, heat/ac unit, bead board and electric. Storage in attic. Recent work in Crawlspace/Cellar in 2022 as well as new HVAC units summer 2022 (dual zone). Many more Features such as pocket doors, updated lighting, cased windows, upgraded faucets, security system, electric car charger
and more! Within Steps the the Wharf for easy boat launch! Perfection at every turn- All within Walking Distance to Downtown Centreville!

Last Agent to Sell the Property

Jeanne Kent

(410) 739-8664 jeannekent.realestate@gmail.com Northrop Realty License #637237 Listed on: 02/27/2023

Northrop Realty

Last Buyer's Agent

Tad Stewart

(202) 431-5856 tstewart@ttrsir.com TTR Sotheby's International Realty License #633471

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,529

Year Built

  • Built in 1910

Lot Details

  • 10,644 Sq Ft Lot
  • Downtown Location
  • Decorative Fence
  • Property is in excellent condition
  • Property is zoned R-2

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,951 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Dual Staircase
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Window Screens
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • River Views
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Doors

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Electric Vehicle Home Charger
  • Private Parking
  • Off-Street Parking

Outdoor Features

  • Water Oriented
  • River Nearby
  • Deck
  • Patio
  • Shed
  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Town Of Centreville Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 1803030245

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,529

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2023-03-03
  • Federal Flood Zone: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Oven - Wall, Refrigerator, Washer
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Double/Dual Staircase, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Soaking Tub, Stall Shower, Tub Shower, Wood Floors, Additional Stairway, Floor Plan - Open, Ceiling Fan(s), Recessed Lighting, Dining Area, Attic, Carpet, Crown Moldings, Primary Bath(s)
  • Window Features: Screens
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Foyer, Laundry, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Main Floor, Hookup
  • Total Sq Ft: 2951
  • Living Area Sq Ft: 2951
  • Price Per Sq Ft: 213.15
  • Above Grade Finished Sq Ft: 2951
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Mixed
  • Exterior Features: Secure Storage, Street Lights, Sidewalks
  • Spa: No
  • View: River, Water
  • Water Access: No
  • Water Body Name: Yellow Bank Stream/Headwaters of Corsica River.
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Electric Vehicle Charging Station(s), Private
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 185.40
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Broadband

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CALL SCHOOL BOARD
  • High School: QUEEN ANNE'S COUNTY
  • Middle Or Junior School: CENTREVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Decorative
  • Improvement Assessed Value: 316800.00
  • Land Assessed Value: 221400.00
  • Lot Features: Not In Development
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10644.00
  • Outdoor Living Structures: Patio(s), Porch(es), Deck(s)
  • Property Condition: Excellent
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4517224
  • Tax Annual Amount: 6529.00
  • Assessor Parcel Number: 1803030245
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Apr 14, 2023
Sold by
Altman Randi
Bought by
Stewart William H and Geer Stewart Amy
Seller's Agent
Jeanne Kent
Northrop Realty
Buyer's Agent
Tad Stewart
TTR Sotheby's International Realty
List Price
$629,000
Sold Price
$656,000
Premium/Discount to List
$27,000
4.29%
Views
12
Current Estimated Value
$679,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,000
Avg. Annual Appreciation
1.33%
Original Mortgage
$524,800
Outstanding Balance
$510,215
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$168,785

Purchase Details

Listed on
Sep 1, 2016
Closed on
Jan 3, 2017
Sold by
Menon Leela
Bought by
Altman Randi
Seller's Agent
Dina Baxter
Rosendale Realty
Buyer's Agent
Retha Arrabal
Doug Ashley Realtors, LLC
List Price
$495,500
Sold Price
$445,000
Premium/Discount to List
-$50,500
-10.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$436,939
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 2008
Sold by
Garl and Pamela L
Bought by
Menon Leela

Purchase Details

Closed on
Jul 23, 2008
Sold by
Garl and Pamela L
Bought by
Menon Leela

Purchase Details

Closed on
Mar 30, 2005
Sold by
Jeremy Lins
Bought by
Garland Pamela L

Purchase Details

Closed on
Nov 10, 2003
Sold by
Carter Clayton C
Bought by
Lins Jeremy
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
Stewart William H $656,000 First American Title
Altman Randi $445,000 None Available
Menon Leela $475,000 --
Menon Leela $475,000 --
Garland Pamela L $455,000 --
Lins Jeremy $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart William H $524,800
Previous Owner Altman Randi $436,939
Closed Menon Leela --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2023 04/14/23 Sold $656,000 +4.3% $222 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $629,000 +41.3% $213 / Sq Ft
01/04/2017 01/04/17 Sold $445,000 -6.3% $151 / Sq Ft View Prior Sale
11/20/2016 11/20/16 Pending -- -- --
09/16/2016 09/16/16 Price Changed $475,000 -4.1% $161 / Sq Ft
09/01/2016 09/01/16 For Sale $495,500 -- $168 / 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 $7,615 $575,533 $0 $0
2024 $7,189 $538,200 $221,400 $316,800
2023 $6,792 $504,267 $0 $0
2022 $6,251 $470,333 $0 $0
2021 $5,440 $436,400 $225,500 $210,900
2020 $5,440 $436,400 $225,500 $210,900
2019 $5,435 $436,400 $225,500 $210,900
2018 $5,672 $468,000 $270,500 $197,500
2017 $5,334 $423,300 $0 $0
2016 -- $378,600 $0 $0
2015 $5,561 $333,900 $0 $0
2014 $5,561 $333,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA2005618

Bright MLS

APN: 03-030245