NOT LISTED FOR SALE

Horizons on the Bay South 8501 Bayside Rd Chesapeake Beach, MD 20732

Estimated Value: $449,360 - $490,000

2 Beds
2 Baths
1,145 Sq Ft
1,133 Sq Ft Lot

Sale Details

Date Sold: September 18, 2014

Last sale price $330,000 $288 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,280 / mo

211 Days on Market

Highlights

  • 5 Dock Slips
  • Pier
  • Home fronts navigable water
  • Beach Elementary School Rated A-
  • Pier or Dock
  • Fitness Center

About This Home

As of September 2014

Back on market pending release of existing contract. LARGEST 2 BEDROOM/2 BATH CONDO IN THIS GATED BAYFRONT COMMUNITY. FEATURES UPGRADED APPLIANCES, HARDWOOD FLOORS, FIREPLACE, WALK-IN CLOSET, & FULL SIZE LAUNDRY ROOM. AMENITIES INCLUDE ROOFTOP POOL & GARDEN, FISHING & CRABBING PIER, GYM, & LIBRARY. NEAR RESTAURANTS, SHOPS & BOARDWALK. EASY COMMUTE TO DC BY BUS. YOUR YEAR-ROUND VACATION HOME.

Last Agent to Sell the Property

David Rathgeber

(561) 223-0101 yfire1@gmail.com A Friend In Real Estate, LLC License #0225275118 Listed on: 02/09/2014

Last Buyer's Agent

Connie Stommel

(301) 855-7867 cstommel@gmail.com EXIT 1 Stop Realty

EXIT 1 Stop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,612

Year Built

  • Built in 2005

Lot Details

  • East Facing Home
  • Property is in very good condition

HOA Fees

  • $354 Monthly HOA Fees

Parking

  • Rented or Permit Required

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,145 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Intercom
  • Surveillance System

Outdoor Features

  • Private Pool
  • Pier
  • Water Access
  • Property near a bay
  • Sail
  • 5 Dock Slips
  • Private Dock Site
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 603
  • Assessor Parcel Number 0503181715

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, pool(s), trash
  • 88 Units
  • Horizons On The Bay HOA
  • Mid-Rise Community
  • Horizon On The Bay Community
  • Horizons On The Bay Subdivision
  • The community has rules related to alterations or architectural changes

Recreation

  • Pier or Dock
  • Fishing Allowed

Security

  • Gated Community
  • Fire Sprinkler System

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,612

Year Built

Built in 2005

Lot Details

1,133 Sq Ft Lot

HOA Fees

$354 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer, Icemaker
  • Interior Amenities: Dining Area, Upgraded Countertops, Window Treatments, Elevator, Entry Level Bedroom, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Window Features: Double Pane, Screens
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 6-10
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry, Storage Room, Utility Room, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1145
  • Living Area Sq Ft: 1145
  • Price Per Sq Ft: 288.21
  • Above Grade Finished Sq Ft: 1145
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • View: Water, Bay
  • Water Access Features: Fishing Allowed, Boat - Powered, Sail
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: General Common Elements, Rented/Permit Required

Utilities

  • Refuse: 117.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom, Security Gate, Sprinkler System - Indoor, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 354.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Gated Community, Pier/Dock, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Pool(s), Trash
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes
  • HOA Name: HORIZONS ON THE BAY
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 160000.00
  • Land Assessed Value: 180000.00
  • Outdoor Living Structures: Balcony, Roof
  • Property Condition: Very Good
  • Zoning: MCR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15023869
  • Tax Annual Amount: 3612.00
  • Assessor Parcel Number: 0503181715
  • Tax Lot: 603
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Private Dock Site

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2014
Closed on
Sep 18, 2014
Sold by
Bought by
Seller's Agent
David Rathgeber
A Friend In Real Estate, LLC
Buyer's Agent
Connie Stommel
EXIT 1 Stop Realty
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$476,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,767
Avg. Annual Appreciation
3.05%
Original Mortgage
$264,000
Interest Rate
0.0411%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,260
Interest Rate
0.0561%
Mortgage Type
Credit Line Revolving
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$330,000 Tower Title Services
-- --
$479,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $264,000
Closed $72,260
Closed $359,650
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/18/2014 09/18/14 Sold $330,000 0.0% $288 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
08/30/2014 08/30/14 For Sale $330,000 0.0% $288 / Sq Ft
08/30/2014 08/30/14 Off Market $330,000 -- --
07/23/2014 07/23/14 Pending -- -- --
06/17/2014 06/17/14 Price Changed $330,000 -2.9% $288 / Sq Ft
05/22/2014 05/22/14 For Sale $340,000 0.0% $297 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
05/07/2014 05/07/14 Price Changed $340,000 -1.4% $297 / Sq Ft
03/26/2014 03/26/14 Price Changed $345,000 -1.4% $301 / Sq Ft
02/28/2014 02/28/14 Price Changed $350,000 -2.8% $306 / Sq Ft
02/09/2014 02/09/14 For Sale $360,000 +9.1% $314 / Sq Ft
02/09/2014 02/09/14 Off Market $330,000 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,210 $389,000 $189,000 $200,000
2024 $4,160 $384,667 $0 $0
2023 $3,960 $380,333 $0 $0
2022 $3,982 $376,000 $189,000 $187,000
2021 $3,920 $369,667 $0 $0
2020 $3,920 $363,333 $0 $0
2019 $3,899 $357,000 $189,000 $168,000
2018 $3,903 $357,000 $189,000 $168,000
2017 $3,974 $357,000 $0 $0
2016 -- $357,000 $0 $0
2015 $3,642 $351,333 $0 $0
2014 $3,642 $345,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Rathgeber

    Seller's Agent in 2014

    David Rathgeber

    A Friend In Real Estate, LLC

    (703) 434-0773

    16 Total Sales

    David Rathgeber
    Section Image

  • C

    Buyer's Agent in 2014

    Connie Stommel

    EXIT 1 Stop Realty

    Section Image
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About Horizons on the Bay South

Map

Source: Bright MLS

MLS Number: 1002826798

Bright MLS

APN: 03-181715

Maryland Calvert County Chesapeake Beach 20732

8501 Bayside Rd, Chesapeake Beach, MD

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