$392,700
SOLD JAN 3, 2025

522 Paula Terrace Prince Frederick, MD 20678

3 Beds
2 Baths
1,456 Sq Ft
0.37 Acres

Recently Sold

$270 Per Sq Ft

2% Above List Price

5 Days on Market

Highlights

  • Rambler Architecture
  • Attic
  • Heat Pump System
  • Calvert Elementary School Rated A-
  • Central Air

About This Home

As of January 2025

Welcome to your serene retreat nestled at the end of a tranquil cul-de-sac in the sought-after Chesapeake Heights Subdivision of Prince Frederick. This charming 1,456 sqft home is move in ready and features 3 bedrooms, 2 bathrooms, and a host of upgrades, including an HVAC system installed in 2016 a durable roof installed in 2020 and a new Hot Water Heater which was recently installed this year. The heart of the home is graced with a flowing floor plan that seamlessly connects the living room to the kitchen and dining areas, highlighted by a picturesque bay window that bathes the space in natural light. Step outside to the back deck overlooking a private yard, perfect for relaxation or entertaining. Located within a short drive to private beach access and zoned for award-winning schools, this property is a haven of convenience and quality living. This home is just waiting for you! **HOA fee is optional**

Last Agent to Sell the Property

Wendy Farrar

(410) 714-1776 wfarrar@hometowneteam.com Home Towne Real Estate License #5003214 Listed on: 11/02/2024

Home Towne Real Estate

Last Buyer's Agent

Ross Simone

(301) 848-9312 rossatremax@gmail.com RE/MAX Realty Group

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,852

Year Built

  • Built in 1978

Lot Details

  • 0.37 Acre Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,456 Sq Ft Home
  • Property has 1 Level
  • Attic

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Calvert Elementary School
  • Plum Point Middle School
  • Huntingtown High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Chesapeake Heights Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 0502046849

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,852

Year Built

Built in 1978

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: washer/dryer, microwave
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-11-02
  • Federal Flood Zone: No
  • Year Built: 1978
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1456
  • Living Area Sq Ft: 1456
  • Price Per Sq Ft: 264.42
  • Above Grade Finished Sq Ft: 1456
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

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: Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CALVERT
  • High School: HUNTINGTOWN
  • Middle Or Junior School: PLUM POINT

Lot Info

  • Lot Size Acres: 0.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15956.00
  • Zoning: A
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2852.00
  • Assessor Parcel Number: 0502046849
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2024
Closed on
Jan 3, 2025
Sold by
Voyles Austyn and Voyles Nicole
Bought by
Lopez Rene Antonio Vazq and Rivera-Pereira Isis J
Seller's Agent
Wendy Farrar
Home Towne Real Estate
Buyer's Agent
Ross Simone
RE/MAX Realty Group
List Price
$385,000
Sold Price
$392,700
Premium/Discount to List
$7,700
2%
Views
60
Current Estimated Value
$408,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,347
Avg. Annual Appreciation
4.40%
Original Mortgage
$401,143
Outstanding Balance
$398,292
Interest Rate
6.69%
Mortgage Type
VA
Estimated Equity
$9,755

Purchase Details

Listed on
Aug 15, 2023
Closed on
Sep 15, 2023
Sold by
Mccormick Jacqueline D Le and King Emma Lorraine
Bought by
Voyles Nicole and Voyles Austyn
Seller's Agent
William Sammons
Home Towne Real Estate
Buyer's Agent
Wendy Farrar
Home Towne Real Estate
List Price
$310,000
Sold Price
$330,000
Premium/Discount to List
$20,000
6.45%
Views
201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.32%
Original Mortgage
$10,112
Interest Rate
6.9%

Purchase Details

Closed on
Dec 15, 2020
Sold by
Brock Jacqueline D and King Emma Lorraine
Bought by
Mccormick Jacqueline D and King Emma Lorraine
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 Type Sale Price Title Company
Deed $392,700 Velocity National Title
Deed $392,700 Velocity National Title
Deed $330,000 Velocity National Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $401,143 VA
Closed $401,143 VA
Previous Owner $10,112 No Value Available
Previous Owner $337,095 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2025 01/03/25 Sold $392,700 +2.0% $270 / Sq Ft
11/02/2024 11/02/24 For Sale $385,000 +16.7% $264 / Sq Ft
09/15/2023 09/15/23 Sold $330,000 0.0% $227 / Sq Ft View Prior Sale
09/01/2023 09/01/23 Price Changed $330,000 +6.5% $227 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $310,000 -- $213 / 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 $2,599 $257,033 $0 $0
2024 $2,599 $226,300 $111,300 $115,000
2023 $2,434 $219,467 $0 $0
2022 $2,360 $212,633 $0 $0
2021 $4,721 $205,800 $111,300 $94,500
2020 $2,277 $204,167 $0 $0
2019 $2,125 $202,533 $0 $0
2018 $2,107 $200,900 $111,300 $89,600
2017 $2,232 $199,567 $0 $0
2016 -- $198,233 $0 $0
2015 $2,317 $196,900 $0 $0
2014 $2,317 $196,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2018100

Bright MLS

APN: 02-046849