NOT LISTED FOR SALE

7523 Grindstone Ct Chesapeake Beach, MD 20732

Estimated Value: $721,000 - $754,000

5 Beds
3.5 Baths
2,848 Sq Ft
$258/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $650,000 $228 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,418/month

6 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Main Floor Bedroom
  • Beach Elementary School Rated A-
  • Wood Flooring
  • 1 Fireplace

About This Home

As of February 2022

Gorgeous and stylish brick front Charles Village colonial located on a cul-de-sac lot plus an in-ground swimming pool! Grand entry with a lovely staircase leading to the 2nd story overlook. Spacious with 3 finished levels, 5 bedroom, 3.5 bathrooms with attached 2-car garage. Unique floorplan features a 1st floor owner(s) suite so multiple options for a 1st floor or 2nd floor owner(s) suite. Gourmet open fully equipped kitchen with large island and lots of work space plus additional table space aside from the formal dining area. The finished basement with high ceilings has the 5th bedroom, a full bathroom, kitchenette area, rec room space and dedicated home gym area.

Last Agent to Sell the Property

April Love Raimond

(302) 620-3340 april@coastallovegroup.com EXP Realty, LLC Listed on: 12/17/2021

EXP Realty, LLC

Last Buyer's Agent

Marie Lally

(301) 884-7400 marielallyrealtor@gmail.com O'Brien Realty ERA Powered

O'Brien Realty ERA Powered

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,186

Year Built

  • Built in 2008

Lot Details

  • 0.31

HOA Fees

  • $25 Monthly HOA Fees

Parking

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

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Laundry on main level
  • Finished Basement

Kitchen

  • Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • In Ground Pool
  • 0.31 Acre Lot

Community Details

  • Chesapeake Village HOA
  • Chesapeake Village Subdivision

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 0503185192

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,186

Year Built

Built in 2008

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Washer and Dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-12-17
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Refrigerator, Disposal, Oven - Double, Cooktop, Exhaust Fan
  • Interior Amenities: Wood Floors, Soaking Tub, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 4554
  • Living Area Sq Ft: 2848
  • Price Per Sq Ft: 229.99
  • Above Grade Finished Sq Ft: 2848
  • Below Grade Sq Ft: 1706
  • Total Below Grade Sq Ft: 1706
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

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: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: CHESAPEAKE VILLAGE
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 334700.00
  • Land Assessed Value: 100800.00
  • Lot Size Acres: 0.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13489.00
  • Zoning: R-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15026104
  • Tax Annual Amount: 5186.00
  • Assessor Parcel Number: 0503185192
  • Tax Lot: 112
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 15, 2021
Sold by
Favret Derek Joe and Favret Kelly Kirsteatter
Bought by
Quach Hang Bich and Hunt Lilton
Seller's Agent
Sheila Zelghi
Samson Properties
Buyer's Agent
Phyllis Elsner
Redfin Corp
List Price
$614,500
Sold Price
$635,000
Premium/Discount to List
$20,500
3.34%
Current Estimated Value
$736,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,138
Avg. Annual Appreciation
3.57%
Original Mortgage
$508,000
Outstanding Balance
$462,242
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$273,896

Purchase Details

Closed on
Oct 19, 2020
Sold by
Favret Derek J and Favret Kelly K
Bought by
Favret Family Revocable Trust

Purchase Details

Closed on
Dec 7, 2010
Sold by
Mcchesney Warren J
Bought by
Favret Derek J and Favret Kelly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Jun 2, 2008
Sold by
Quality Built Homes Inc
Bought by
Mcchesney Warren J and Mcchesney Billie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,050
Interest Rate
6.13%
Mortgage Type
VA

Purchase Details

Closed on
May 29, 2008
Sold by
Quality Built Homes Inc
Bought by
Mcchesney Warren J and Mcchesney Billie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,050
Interest Rate
6.13%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quach Hang Bich $635,000 Lakeside Title Company
Favret Family Revocable Trust -- None Available
Favret Derek J $455,000 --
Mcchesney Warren J $523,225 --
Mcchesney Warren J $523,225 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quach Hang Bich $508,000
Previous Owner Favret Derek J $435,000
Previous Owner Mcchesney Warren J $504,050
Previous Owner Mcchesney Warren J $504,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/18/2022 02/18/22 Sold $650,000 -0.8% $228 / Sq Ft
12/24/2021 12/24/21 Pending -- -- --
12/17/2021 12/17/21 For Sale $655,000 +3.1% $230 / Sq Ft
09/15/2021 09/15/21 Sold $635,000 +3.3% $139 / Sq Ft View Prior Sale
08/16/2021 08/16/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $614,500 -- $135 / 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 $6,205 $649,000 $100,800 $548,200
2024 $6,205 $592,767 $0 $0
2023 $5,441 $536,533 $0 $0
2022 $5,045 $480,300 $100,800 $379,500
2021 $10,091 $465,367 $0 $0
2020 $4,825 $450,433 $0 $0
2019 $4,583 $435,500 $100,800 $334,700
2018 $4,544 $429,767 $0 $0
2017 $4,632 $424,033 $0 $0
2016 -- $418,300 $0 $0
2015 $4,267 $412,267 $0 $0
2014 $4,267 $406,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2003128

Bright MLS

APN: 03-185192