NOT LISTED FOR SALE

8343 Bay Crest Ct Chesapeake Beach, MD 20732

Estimated Value: $619,224 - $654,000

4 Beds
2.5 Baths
1,733 Sq Ft
$368/Sq Ft Est. Value

Last Sold February 23, 2012

Last sale price $401,000 $231 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,079/month

8 Days on Market

Highlights

  • 1 Boat Dock
  • Water Views
  • Home fronts navigable water
  • Beach Elementary School Rated A-
  • Pier
  • Colonial Architecture

About This Home

As of February 2012

DIRECT WATERFRONT!! 10 STEPS TO PIER. FABULOUS VIEWS, GORGEOUS SUNRISES OVER CHESAPEAKE BAY. MULTIPLE DECKS, RECENT COMPLETE EXTERIOR UPGRADES TO "CEDAR IMPRESSIONS" VERY HEAVY DUTY VINYL. 4TH BEDROOM IS A LOFT ABOVE MASTER BEDROOM. GAS FIREPLACE, JETTED TUB, SEPARATE SHOWER. RENT WITH OPTION TO BUY ALSO AVAILABLE.

Last Agent to Sell the Property

Jack Bannister

RE/MAX United Real Estate Listed on: 01/10/2012

RE/MAX United Real Estate

Last Buyer's Agent

Michael Parrish

RE/MAX United Real Estate

RE/MAX United Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,289

Year Built

  • Built in 1988

Lot Details

  • 2,621 Sq Ft Lot
  • Home fronts navigable water
  • 1 Common Wall
  • Property is in very good condition

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Gas Fireplace
  • Window Treatments
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Pier
  • Water Access
  • 1 Boat Dock

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 0503120228

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,289

Year Built

Built in 1988

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Kitchen - Table Space, Combination Dining/Living, Master Bath(s), Window Treatments, Whirlpool/Hottub
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Full, Partially Finished, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Garage, Paved Driveway
  • Parking Space Number Assigned: 1
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 113.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 120.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 166300.00
  • Land Assessed Value: 236000.00
  • Lot Size Acres: 0.06
  • Lot Size Area: 2621
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2621.00
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: MCR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14957331
  • Tax Annual Amount: 4288.87
  • Assessor Parcel Number: 0503120228
  • Tax Lot: 9
  • Tax Total Finished Sq Ft: 1732
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 02/23/2012

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2012
Closed on
Feb 24, 2012
Sold by
Bannister Jack G and Bannister Linda J
Bought by
Zhen Boguang Andy and Liang Hsingyi Cindy
Seller's Agent
Jack Bannister
RE/MAX United Real Estate
Buyer's Agent
Michael Parrish
RE/MAX United Real Estate
List Price
$399,950
Sold Price
$401,000
Premium/Discount to List
$1,050
0.26%
Current Estimated Value
$637,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,056
Avg. Annual Appreciation
3.07%
Original Mortgage
$150,000
Outstanding Balance
$106,909
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$492,910

Purchase Details

Closed on
Jun 5, 2000
Sold by
Pena Martin C and Pena Shirley D
Bought by
Bannister Jack G and Bannister Linda J

Purchase Details

Closed on
Nov 7, 1989
Sold by
Kotler Warren J and Kotler Diana L
Bought by
Pena Martin C and Pena Shirley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,650
Interest Rate
9.82%
Source: Public Records

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Range of Values:

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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
Zhen Boguang Andy $401,000 Titlemax Llc
Bannister Jack G $215,900 --
Pena Martin C $292,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhen Boguang Andy $150,000
Previous Owner Bannister Jack G $190,000
Previous Owner Pena Martin C $233,650
Closed Bannister Jack G --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2012 02/23/12 Sold $401,000 +0.3% $231 / Sq Ft
01/18/2012 01/18/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $399,950 -- $231 / 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
2024 $4,914 $457,100 $0 $0
2023 $4,494 $433,700 $0 $0
2022 $4,332 $410,300 $236,000 $174,300
2021 $4,208 $400,700 $0 $0
2020 $4,208 $391,100 $0 $0
2019 $4,157 $381,500 $236,000 $145,500
2018 $4,140 $379,433 $0 $0
2017 $4,194 $377,367 $0 $0
2016 -- $375,300 $0 $0
2015 $4,289 $375,300 $0 $0
2014 $4,289 $375,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003813170

Bright MLS

APN: 03-120228