$587,500
SOLD MAY 29, 2019

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

3 Beds
3 Baths
2,009 Sq Ft
$690/mo HOA Fee

Recently Sold

$292 Per Sq Ft

10% Below List Price

146 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Private Dock Site
  • Access to Tidal Water
  • Beach Elementary School Rated A-
  • Home fronts navigable water
  • Fitness Center

About This Home

As of September 2023

FABULOUS CORNER PENTHOUSE IN HORIZON ON THE BAY! LARGE 3 BEDROOM 3 FULL BATH CONDO WITH FABULOUS BAY FRONTAGE VIEW!! GREAT OPEN FLOOR PLAN, COMMUNITY PIER, GREAT LOBBY WITH LIBRARY. COMMUNITY IS VERY WELL MANAGED AND SHOWS BEAUTIFULLY!! THIS IS A GREAT WATERFRONT EXPERIENCE!!!

Last Agent to Sell the Property

Gail Nyman

RE/MAX United Real Estate License #30707 Listed on: 11/21/2018

RE/MAX United Real Estate

Co-Listed By

Don Frederick

RE/MAX United Real Estate License #42329

Last Buyer's Agent

Bonnie Augostino

RE/MAX Realty Group License #29287

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,150

Year Built

  • Built in 2005

Lot Details

  • No Units Above
  • West Facing Home
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $690 Monthly HOA Fees

Home Design

  • Penthouse
  • Rambler Architecture
  • Flat Roof Shape
  • Permanent Foundation
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,009 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • 1 Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Insulated Doors
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • 2 Assigned Parking Spaces

Accessible Home Design

  • No Interior Steps
  • Entry Slope Less Than 1 Foot

Outdoor Features

  • Access to Tidal Water
  • Private Water Access
  • Property near a bay
  • Rip-Rap
  • Private Dock Site
  • Powered Boats Permitted
  • Balcony
  • Outdoor Grill

Schools

  • Windy Hill Elementary And Middle School
  • Northern High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts
  • 150 Amp Service
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot PH 5
  • Assessor Parcel Number 0503181979

Community Details

Overview

  • Association fees include custodial services maintenance, health club, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pier/dock maintenance, pool(s), recreation facility, road maintenance, reserve funds, security gate, snow removal, exterior building maintenance
  • Horizon On The Bay Condos
  • Horizon On The B Community
  • Horizons On The Bay Subdivision

Amenities

  • Meeting Room
  • Community Library
  • 3 Elevators

Recreation

  • Pier or Dock
  • 7 Community Docks
  • Community Pool

Security

  • Gated Community
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,150

Year Built

Built in 2005

Lot Details

0

HOA Fees

$690 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Entry Slope <1', Level Entry - Main, No Stairs
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2005
  • Remarks Public: FABULOUS CORNER PENTHOUSE IN HORIZON ON THE BAY! LARGE 3 BEDROOM 3 FULL BATH CONDO WITH FABULOUS BAY FRONTAGE VIEW!! GREAT OPEN FLOOR PLAN, COMMUNITY PIER, GREAT LOBBY WITH LIBRARY. COMMUNITY IS VERY WELL MANAGED AND SHOWS BEAUTIFULLY!! THIS IS A GREAT WATERFRONT EXPERIENCE!!!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Refrigerator, Washer
  • Entry Floor: 1
  • Flooring Type: Concrete
  • Interior Amenities: Elevator, Entry Level Bedroom, Flat, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Primary Bath(s), Primary Bedroom - Bay Front, Sprinkler System, Window Treatments, Wood Floors
  • Window Features: Double Pane, Insulated
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: No One Above
  • Door Features: Sliding Glass, Storm, Insulated
  • Elevators Count: 3
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Permanent, Slab
  • Floors In Unit Count: 8
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2009
  • Living Area Sq Ft: 2009
  • Price Per Sq Ft: 323.54
  • Above Grade Finished Sq Ft: 2009
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8501

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Bbq Grill
  • Road Surface Type: Black Top
  • Roof: Flat
  • Spa: No
  • View: Bay
  • Water Access Features: Boat - Powered, Private Access
  • Water Access: Yes
  • Water Body Name: Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Lighted Parking, Paved Parking, Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: 220 Volts, 150 Amps
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 690.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Horizon on the Bay
  • HOA Condo Co-Op Amenities: Elevator, Gated Community, Library, Meeting Room, Pier/Dock, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool, Boat Dock/Slip, Exercise Room, Fitness Center
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Health Club, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Recreation Facility, Road Maintenance, Reserve Funds, Security Gate, Snow Removal, Ext Bldg Maint
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • Elementary School: WINDY HILL
  • Middle School: WINDY HILL
  • 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: WINDY HILL
  • High School: NORTHERN
  • Middle Or Junior School: WINDY HILL

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 225000.00
  • Land Assessed Value: 315000.00
  • Lot Features: Rip-Rapped
  • Outdoor Living Structures: Balcony, Roof
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: MCR
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15023847
  • Tax Annual Amount: 6150.00
  • Assessor Parcel Number: 0503181979
  • Tax Lot: PH 5
  • Tax Total Finished Sq Ft: 2009
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 05/29/2019

Multi Family

  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Sep 7, 2023
Sold by
Walter Terry Schoener Revocable Trust and Sally A Schofield Revocable Trust
Bought by
Byrd Rosemary and Byrd Billy H
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Paulette Ladas
RLAH @properties
List Price
$815,000
Sold Price
$815,000
Current Estimated Value
$874,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,883
Avg. Annual Appreciation
2.62%
Original Mortgage
$639,393
Outstanding Balance
$627,035
Interest Rate
6.96%
Mortgage Type
VA
Estimated Equity
$228,740

Purchase Details

Closed on
Apr 22, 2020
Sold by
Schoener Walter Terry
Bought by
Schofield Sally A and Schoener Walter Terry

Purchase Details

Listed on
Nov 21, 2018
Closed on
May 29, 2019
Sold by
Campbell Stephen M and Holliday Sharon J
Bought by
Schoener Walter Terry
Seller's Agent
Gail Nyman
RE/MAX United Real Estate
Buyer's Agent
Bonnie Augostino
RE/MAX Realty Group
List Price
$650,000
Sold Price
$587,500
Premium/Discount to List
-$62,500
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$440,625
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2005
Sold by
West Beach Llc
Bought by
White Charles W and White Jacqueline C

Purchase Details

Closed on
Jun 27, 2005
Sold by
West Beach Llc
Bought by
White Charles W and White Jacquelilne C
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 Type Sale Price Title Company
Deed $815,000 Fee Simple Title Agency
Interfamily Deed Transfer -- None Available
Deed $587,500 Titlemax Llc
Deed $826,900 --
Deed $826,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $639,393 VA
Previous Owner $430,000 New Conventional
Previous Owner $437,000 New Conventional
Previous Owner $440,625 New Conventional
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 For Sale $815,000 0.0% $406 / Sq Ft
09/07/2023 09/07/23 Sold $815,000 +38.7% $406 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
05/29/2019 05/29/19 Sold $587,500 -9.6% $292 / Sq Ft
03/19/2019 03/19/19 For Sale $650,000 +10.6% $324 / Sq Ft
03/16/2019 03/16/19 Off Market $587,500 -- --
11/21/2018 11/21/18 For Sale $650,000 -- $324 / 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 $6,661 $630,000 $315,000 $315,000
2024 $6,661 $625,000 $0 $0
2023 $6,358 $620,000 $0 $0
2022 $6,418 $615,000 $315,000 $300,000
2021 $12,836 $590,000 $0 $0
2020 $6,015 $565,000 $0 $0
2019 $5,682 $540,000 $315,000 $225,000
2018 $5,709 $540,000 $315,000 $225,000
2017 $5,944 $540,000 $0 $0
2016 -- $540,000 $0 $0
2015 $5,459 $531,667 $0 $0
2014 $5,459 $523,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • d

    Seller's Agent in 2023

    datacorrect BrightMLS

    Non Subscribing Office

    Section Image
  • Paulette Ladas

    Buyer's Agent in 2023

    Paulette Ladas

    Real Living at Home

    (301) 674-7742

    2 in this area

    86 Total Sales

    Section Image
  • Gail Nyman

    Seller's Agent in 2019

    Gail Nyman

    RE/MAX

    (301) 802-6542

    40 in this area

    348 Total Sales

    Section Image
  • Don Frederick

    Seller Co-Listing Agent in 2019

    Don Frederick

    RE/MAX

    (240) 601-4690

    1 in this area

    89 Total Sales

    Section Image

  • B

    Buyer's Agent in 2019

    Bonnie Augostino

    Remax 100

    Section Image
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About Horizons on the Bay South

Map

Source: Bright MLS

MLS Number: MDCA106596

Bright MLS

APN: 03-181979

Maryland Calvert County Chesapeake Beach 20732

8501 Bayside Rd, Chesapeake Beach, MD

This home is located at 8501 Bayside Rd, Chesapeake Beach, MD 20732 and is currently priced at $587,500, approximately $292 per square foot. This property was built in 2005. 8501 Bayside Rd is a home located in Calvert County with nearby schools including Beach Elementary School, Windy Hill Middle School, and Northern High School.

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