NOT LISTED FOR SALE

7873 Ivy Terrace Unit 6 Chesapeake Beach, MD 20732

Estimated Value: $364,000 - $384,000

4 Beds
2.5 Baths
1,980 Sq Ft
$190/Sq Ft Est. Value

Last Sold January 09, 2020

Last sale price $276,000 $139 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,453/month

133 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Breakfast Area or Nook
  • Beach Elementary School Rated A-
  • Attic
  • Kitchen Island

About This Home

As of January 2020

PRICED TO SELL QUICK!! AND CLOSE TO THE BEACH!! Be moved in before Thanksgiving and the busy holiday season!! Hurry and make this 4 bedroom 2.5 bath, end unit townhome yours. This move-in ready home has a fourth bedroom on the entry-level which is great for privacy and convenience. Enjoy the BRAND NEW STAINLESS STEEL APPLIANCES in the sunny eat-in kitchen. The low maintenance deck is perfect for grilling and outdoor gatherings. The master bedroom has a vaulted ceiling, walk-in closet, and private bathroom. Need extra storage?? This home also has a storage room with a rough-in for an additional bathroom. Home is located in the Richfield Station community which is in one of sought after Maryland school districts. The seller is ready to negotiate! USDA eligible.

Last Agent to Sell the Property

Hazel Shakur

Redfin Corp License #586258 Listed on: 07/12/2019

Redfin Corp

Last Buyer's Agent

Carrie Davis

Real Broker, LLC License #0225238984

Real Broker, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,005

Year Built

  • Built in 2007

Lot Details

  • Property is in very good condition

HOA Fees

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Combination Dining and Living Room
  • Carpet
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 0503185761

Community Details

Overview

  • Association fees include trash, lawn maintenance, exterior building maintenance, snow removal, common area maintenance
  • Association Phone (410) 730-9531
  • Richfield Station Village Subdivision

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,005

Year Built

Built in 2007

Lot Details

0

HOA Fees

$137 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2007
  • Remarks Public: PRICED TO SELL QUICK!! AND CLOSE TO THE BEACH!! Be moved in before Thanksgiving and the busy holiday season!! Hurry and make this 4 bedroom 2.5 bath, end unit townhome yours. This move-in ready home has a fourth bedroom on the entry-level which is great for privacy and convenience. Enjoy the BRAND NEW STAINLESS STEEL APPLIANCES in the sunny eat-in kitchen. The low maintenance deck is perfect for grilling and outdoor gatherings. The master bedroom has a vaulted ceiling, walk-in closet, and private bathroom. Need extra storage?? This home also has a storage room with a rough-in for an additional bathroom. Home is located in the Richfield Station community which is in one of sought after Maryland school districts. The seller is ready to negotiate! USDA eligible.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Built-In Microwave, Exhaust Fan, Washer, Disposal, Icemaker, Stove
  • Interior Amenities: Attic, Breakfast Area, Carpet, Combination Dining/Living, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s)
  • Door Features: Storm
  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1980
  • Price Per Sq Ft: 208.33
  • Above Grade Finished Sq Ft: 1320
  • Below Grade Finished Sq Ft: 660
  • Total Below Grade Sq Ft: 660
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7873

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No

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

Condo/Co-op/Association

  • HOA Fees: 85.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 156.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Trash, Lawn Maintenance, Ext Bldg Maint, Snow Removal, Common Area Maintenance
  • HOA Phone: 410-730-9531
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139842846
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 179200.00
  • Land Assessed Value: 75000.00
  • Land Use Code: 010
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: R-2
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15027493
  • Tax Annual Amount: 3005.00
  • Assessor Parcel Number: 0503185761
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 1864
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 01/09/2020

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Jan 9, 2020
Sold by
Lynn Lauren
Bought by
Scott Shaneka
Seller's Agent
Hazel Shakur
Redfin Corp
Buyer's Agent
Carrie Davis
Real Broker, LLC
List Price
$275,000
Sold Price
$276,000
Premium/Discount to List
$1,000
0.36%
Current Estimated Value
$375,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,706
Avg. Annual Appreciation
5.30%
Original Mortgage
$278,787
Outstanding Balance
$247,925
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$121,740

Purchase Details

Closed on
Oct 30, 2007
Sold by
Nvr Inc
Bought by
Lynn Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,100
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2007
Sold by
Nvr Inc
Bought by
Lynn Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,100
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Scott Shaneka $276,000 Pride Setmnt & Escrow Llc
Lynn Lauren $296,480 --
Lynn Lauren $296,480 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Shaneka $278,787
Previous Owner Lynn Lauren $237,100
Previous Owner Lynn Lauren $10,000
Closed Lynn Lauren --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2020 01/09/20 Sold $276,000 +0.4% $139 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
11/12/2019 11/12/19 For Sale $275,000 0.0% $139 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
10/18/2019 10/18/19 Price Changed $275,000 -1.3% $139 / Sq Ft
09/16/2019 09/16/19 Price Changed $278,500 -0.5% $141 / Sq Ft
08/22/2019 08/22/19 For Sale $280,000 0.0% $141 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
08/06/2019 08/06/19 Price Changed $280,000 -3.4% $141 / Sq Ft
07/12/2019 07/12/19 For Sale $290,000 -- $146 / 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 $3,280 $317,700 $75,000 $242,700
2024 $3,280 $300,100 $0 $0
2023 $2,981 $282,500 $0 $0
2022 $2,850 $264,900 $75,000 $189,900
2021 $5,701 $261,333 $0 $0
2020 $1,411 $257,767 $0 $0
2019 $2,675 $254,200 $75,000 $179,200
2018 $2,581 $244,167 $0 $0
2017 $2,539 $234,133 $0 $0
2016 -- $224,100 $0 $0
2015 $2,498 $224,100 $0 $0
2014 $2,498 $224,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA170964

Bright MLS

APN: 03-185761