NOT LISTED FOR SALE

7916 Chesapeake Dr Orchard Beach, MD 21226

Estimated Value: $294,000 - $363,000

3 Beds
3 Baths
1,248 Sq Ft
$263/Sq Ft Est. Value

Last Sold January 24, 2019

Last sale price $120,000 $96 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,993/month

48 Days on Market

Highlights

  • Beach
  • Water Access
  • 1 Fireplace
  • Home fronts navigable water
  • Cape Cod Architecture
  • No HOA

About This Home

As of January 2019

Great Investor home. Sold as is. Great value. New HVAC and newer SS appliances . Open first floor plan with brick hearth fireplace with insert.

Last Agent to Sell the Property

Chip Carr

(410) 353-3293 chip.carr@monumentsothebysrealty.com Monument Sotheby's International Realty License #101987 Listed on: 10/18/2018

Last Buyer's Agent

Freddie Ovalle

(240) 432-4015 Freddie@lnf.com Long & Foster Real Estate, Inc. License #593103

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,880

Year Built

  • Built in 1900

Lot Details

  • 6,500 Sq Ft Lot
  • Home fronts navigable water
  • Creek or Stream
  • Property is zoned R5

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Partial Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access

Schools

  • Solley Elementary School
  • George Fox Middle School
  • Northeast High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 020361503427200

Community Details

Overview

  • No Home Owners Association
  • Orchard Beach Subdivision

Amenities

  • Picnic Area

Recreation

  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,880

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-10-18
  • Federal Flood Zone: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Partial, Outside Entrance, Interior Access, Rough Bath Plumb
  • Total Sq Ft: 1248
  • Living Area Sq Ft: 1248
  • Price Per Sq Ft: 127.40
  • Above Grade Finished Sq Ft: 1248
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Dirt Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Picnic Area, Tot Lots/Playground
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: SOLLEY
  • High School: NORTHEAST
  • Middle Or Junior School: GEORGE FOX

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 42800.00
  • Land Assessed Value: 112500.00
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6500.00
  • Zoning: R5
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15239641
  • Tax Annual Amount: 1880.00
  • Assessor Parcel Number: 020361503427200
  • Tax Lot: 48
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2018
Closed on
Dec 26, 2018
Sold by
Tator Betty
Bought by
Matterhon Properties Llc
Seller's Agent
Chip Carr
Monument Sotheby's International Realty
Buyer's Agent
Freddie Ovalle
Long & Foster Real Estate, Inc.
List Price
$169,500
Sold Price
$120,000
Premium/Discount to List
-$49,500
-29.2%
Current Estimated Value
$328,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,709
Avg. Annual Appreciation
15.87%
Original Mortgage
$151,690
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 7, 2016
Closed on
Sep 7, 2016
Sold by
Kral Steven Lee and Estate Of Michael J Arscon
Bought by
Tator Betty
Seller's Agent
Andy Schweigman
Douglas Realty, LLC
Buyer's Agent
MICHAEL THEODOSIOU
Taylor Properties
List Price
$138,000
Sold Price
$95,000
Premium/Discount to List
-$43,000
-31.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%

Purchase Details

Closed on
Jun 4, 2001
Sold by
Spath James L
Bought by
Arscott Michael J

Purchase Details

Closed on
Mar 7, 1986
Sold by
Butterworth B R
Bought by
Spath James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
10.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Matterhon Properties Llc $120,000 Stewart Title Guaranty Co
Tator Betty $95,000 The Security Title Guarantee
Arscott Michael J $125,000 --
Spath James L $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Matterhon Properties Llc $151,690
Previous Owner Spath James L $72,500
Closed Arscott Michael J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2019 01/24/19 Sold $120,000 -24.5% $96 / Sq Ft
11/09/2018 11/09/18 Price Changed $159,000 -6.2% $127 / Sq Ft
10/18/2018 10/18/18 For Sale $169,500 +78.4% $136 / Sq Ft
09/07/2016 09/07/16 Sold $95,000 -19.5% $76 / Sq Ft View Prior Sale
08/16/2016 08/16/16 Pending -- -- --
07/22/2016 07/22/16 Price Changed $118,000 -14.5% $95 / Sq Ft
07/22/2016 07/22/16 For Sale $138,000 0.0% $111 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
07/11/2016 07/11/16 Price Changed $138,000 -1.4% $111 / Sq Ft
07/07/2016 07/07/16 For Sale $140,000 -- $112 / 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 $3,144 $253,067 -- --
2024 $3,144 $241,200 $155,600 $85,600
2023 $3,016 $232,800 $0 $0
2022 $2,775 $224,400 $0 $0
2021 $2,687 $216,000 $129,300 $86,700
2020 $2,435 $195,767 $0 $0
2019 $2,225 $175,533 $0 $0
2018 $1,575 $155,300 $112,500 $42,800
2017 $2,229 $155,300 $0 $0
2016 -- $179,767 $0 $0
2015 -- $168,300 $0 $0
2014 -- $168,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1009946408

Bright MLS

APN: 03-615-03427200