NOT LISTED FOR SALE

7880 Ivy Terrace Unit 3 Chesapeake Beach, MD 20732

Estimated Value: $377,000 - $400,214

4 Beds
3.5 Baths
2,414 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $365,000 $151 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,485/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Soccer Field
  • Central Air
  • Beach Elementary School Rated A-
  • Jogging Path
  • Heat Pump System

About This Home

As of May 2022

Welcome home to this stunning townhome. The home boasts a large open floor plan on the main level. Kitchen features an island, granite counter tops, stainless appliances, dining area, and a large sun room that walks out to a deck. Spacious family room with gleaming hardwood floors. Owners bedroom features sitting room, walk-in closet, and cathedral ceilings. The attached owners bathroom lives like a spa with double sinks and a separate shower and soaking tub. Large basement with an added den/bedroom. Plus fresh paint and new carpet! All this in an amazing location. Neighborhood has walking trails, basketball courts, and soccer field. This will not last long.

Last Agent to Sell the Property

Michelle Haran

Corner House Realty Listed on: 05/05/2022

Corner House Realty

Last Buyer's Agent

Lori Parlett

Home Towne Real Estate

Home Towne Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,084

Year Built

  • Built in 2007

Lot Details

  • 1,437

HOA Fees

Home Design

  • Traditional Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Interior and Rear Basement Entry
  • Natural lighting in basement

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Street Parking
  • Parking Lot
  • 2 Assigned Parking Spaces

Schools

  • Plum Point Elementary And Middle School
  • Northern High School

Utilities

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

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 0503185664

Community Details

Overview

  • Association fees include lawn maintenance, trash, snow removal, reserve funds
  • Richfield Station Village Subdivision

Amenities

  • Common Area

Recreation

  • Soccer Field
  • Community Basketball Court
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,084

Year Built

Built in 2007

Lot Details

0

HOA Fees

$151 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2007
  • Assigned Parking Space Numbers: 80, 80
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to this stunning townhome. The home boasts a large open floor plan on the main level. Kitchen features an island, granite counter tops, stainless appliances, dining area, and a large sun room that walks out to a deck. Spacious family room with gleaming hardwood floors. Owners bedroom features sitting room, walk-in closet, and cathedral ceilings. The attached owners bathroom lives like a spa with double sinks and a separate shower and soaking tub. Large basement with an added den/bedroom. Plus fresh paint and new carpet! All this in an amazing location. Neighborhood has walking trails, basketball courts, and soccer field. This will not last long.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Interior Access, Rear Entrance, Walkout Level
  • Total Sq Ft: 2414
  • Living Area Sq Ft: 2414
  • Price Per Sq Ft: 216.23
  • Above Grade Finished Sq Ft: 1614
  • Below Grade Finished Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7880

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Parking Lot
  • Parking Lot Number Of Spaces: 2

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: Public Sewer, Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 181.70
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 90.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Common Grounds, Jog/Walk Path, Soccer Field
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Trash, Snow Removal, Reserve Funds
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • Elementary School: PLUM POINT
  • Middle School: PLUM POINT
  • High School: NORTHERN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139842846
  • School District Source: Listing Agent
  • Elementary School: PLUM POINT
  • High School: NORTHERN
  • Middle Or Junior School: PLUM POINT

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 190800.00
  • Land Assessed Value: 75000.00
  • Land Use Code: TH
  • Year Assessed: 2022
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15027642
  • Tax Annual Amount: 3084.00
  • Assessor Parcel Number: 0503185664
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 1614
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/27/2022

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2008
Sold by
Nvr Inc
Bought by
Madella Michael L and Booros Kimberleigh A
Current Estimated Value
$387,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2007
Sold by
Nvr Inc
Bought by
Madella Michael L and Booros Kimberleigh A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Madella Michael L $281,990 --
Madella Michael L $281,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donaldson Sheila $265,000
Previous Owner Booros Kimberleigh A $209,900
Previous Owner Madella Michael L $225,500
Previous Owner Madella Michael L $225,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $365,000 +4.6% $151 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $349,000 0.0% $145 / Sq Ft
07/15/2014 07/15/14 Rented $1,700 -5.6% --
07/01/2014 07/01/14 Under Contract -- -- --
06/12/2014 06/12/14 For Rent $1,800 -- --
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 $3,328 $324,100 $75,000 $249,100
2024 $3,328 $304,667 $0 $0
2023 $3,008 $285,233 $0 $0
2022 $2,860 $265,800 $75,000 $190,800
2021 $2,619 $260,533 $0 $0
2020 $2,797 $255,267 $0 $0
2019 $2,631 $250,000 $75,000 $175,000
2018 $2,583 $244,333 $0 $0
2017 $2,635 $238,667 $0 $0
2016 -- $233,000 $0 $0
2015 $2,601 $233,000 $0 $0
2014 $2,601 $233,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDCA2006096

Bright MLS

APN: 03-185664