NOT LISTED FOR SALE

8587 Chesapeake Lighthouse Dr North Beach, MD 20714

Estimated Value: $297,000 - $351,000

2 Beds
2.5 Baths
1,516 Sq Ft
$214/Sq Ft Est. Value

Last Sold July 10, 2012

Last sale price $203,000 $134 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,000/month

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • Traditional Floor Plan
  • Windy Hill Elementary School Rated A-
  • Deck
  • Backs to Trees or Woods

About This Home

As of July 2012

7 Year Young, 3 Level Townhouse, finished walk-out basement. Bike/Hike the 2 mi. to Chesapeake Bay boardwalk in North Beach MD. Scenic walk, beach, shops, & restaurants. Good commute for jobs in Annapolis and Lexington Park, Patuxent NAS. Acceptable commuting distance to Andrews AFB, Bolling AFB and Wash. Navy Yard. Two miles to Commuter Bus & Park. Annual beach pass available to residents.

Last Agent to Sell the Property

Kathi Payne

kathi.realtor@verizon.net Berkshire Hathaway HomeServices PenFed Realty License #MRIS:92499 Listed on: 02/25/2012

Last Buyer's Agent

Donald Holman

donnyholman@yahoo.com TDA SALES & PROPERTY MANAGEMENT License #MRIS:57755

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,124

Year Built

  • Built in 1995

Lot Details

  • 1,500 Sq Ft Lot
  • Two or More Common Walls
  • No Through Street
  • The property's topography is level
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $65 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Utility Room
  • Views of Woods

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry

Parking

  • Garage
  • Front Facing Garage
  • 2 Assigned Parking Spaces

Outdoor Features

  • Deck
  • Patio

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 106
  • Assessor Parcel Number 0503133036

Community Details

Overview

  • Built by THE RYLAND GROUP, INC.

Recreation

  • Community Basketball Court
  • Community Playground

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,124

Year Built

Built in 1995

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1995
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Kitchen - Table Space, Floor Plan - Traditional
  • Window Features: Vinyl Clad
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Living Room, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Utility Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 1596
  • Living Area Sq Ft: 1516
  • Price Per Sq Ft: 192.67
  • Above Grade Finished Sq Ft: 1064
  • Below Grade Finished Sq Ft: 452
  • Below Grade Sq Ft: 80
  • Total Below Grade Sq Ft: 532
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Road Surface Type: Black Top
  • Roof: Composite
  • View: Street, Trees/Woods
  • 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
  • Garage Features: Garage - Front Entry

Utilities

  • Refuse: 113.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 195.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Tot Lots/Playground
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 117800.00
  • Land Assessed Value: 82500.00
  • Lot Features: Backs To Trees, No Thru Street
  • Lot Size Acres: 0.03
  • Lot Size Area: 1500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1500.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Topography: Level
  • Zoning: R

Building Info

  • Builder Name: THE RYLAND GROUP, INC.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14956514
  • Tax Annual Amount: 2124.01
  • Assessor Parcel Number: 0503133036
  • Tax Lot: 106
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2012
Closed on
Jul 10, 2012
Sold by
Rahall Joseph W and Rahall Lauren M
Bought by
Elliott Cara
Seller's Agent
Kathi Payne
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Donald Holman
TDA SALES & PROPERTY MANAGEMENT
List Price
$220,000
Sold Price
$203,000
Premium/Discount to List
-$17,000
-7.73%
Current Estimated Value
$323,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,973
Avg. Annual Appreciation
3.57%
Original Mortgage
$207,142
Outstanding Balance
$143,460
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$180,513

Purchase Details

Closed on
Apr 28, 2008
Sold by
Toporzycki Rebecca M
Bought by
Rahall Joseph W and Rahall Lauren M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,828
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2008
Sold by
Toporzycki Rebecca M
Bought by
Rahall Joseph W and Rahall Lauren M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,828
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2001
Sold by
Mckenny William E and Mc Kenny Jeannette M
Bought by
Toporzycki Rebecca M

Purchase Details

Closed on
Jan 12, 1995
Sold by
Ryland Grp
Bought by
Mckenny William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
9.23%
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 Buyer Sale Price Title Company
Elliott Cara $203,000 Lakeside Title Company
Rahall Joseph W $270,000 --
Rahall Joseph W $270,000 --
Toporzycki Rebecca M $129,000 --
Mckenny William E $116,985 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Cara $207,142
Previous Owner Rahall Joseph W $265,828
Previous Owner Rahall Joseph W $265,828
Previous Owner Mckenny William E $78,400
Closed Toporzycki Rebecca M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2012 07/10/12 Sold $203,000 -1.0% $134 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
03/15/2012 03/15/12 Price Changed $205,000 -6.8% $135 / Sq Ft
02/25/2012 02/25/12 For Sale $220,000 -- $145 / 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 $2,774 $258,400 $82,500 $175,900
2024 $2,774 $242,533 $0 $0
2023 $2,509 $226,667 $0 $0
2022 $2,341 $210,800 $82,500 $128,300
2021 $2,283 $207,800 $0 $0
2020 $2,283 $204,800 $0 $0
2019 $2,259 $201,800 $82,500 $119,300
2018 $2,229 $200,200 $0 $0
2017 $2,239 $198,600 $0 $0
2016 -- $197,000 $0 $0
2015 $2,124 $197,000 $0 $0
2014 $2,124 $197,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003863846

Bright MLS

APN: 03-133036