NOT LISTED FOR SALE

100 Sheaffer Rd Chestertown, MD 21620

Estimated Value: $433,000 - $494,000

2.67 Acres
$173,047 Price per Acre
116,305 Sq Ft Lot

Last Sold July 10, 2013

Last sale price $44,900

Est. 909% increase in value since last sale

Current estimated payment $2,616/month

138 Days on Market

About This Lot

As of July 2013

NOT ONLY THE LARGEST LOT IN "THE GROOVE'S BUT ALSO A CORNER LOT. BRING YOUR OWN BUILDER OR WE CAN PROVIDE A BUILDER. PROPERTY IS PERKED AND READY TO GO. A GREAT BUY!

Last Agent to Sell the Property

David Kaufmann

(410) 643-4111 davidkaufmannrealty@gmail.com Eastern Shore Real Estate, LLC License #596964 Listed on: 02/06/2013

Last Buyer's Agent

Samantha Grimes

(410) 310-6426 samgrimes1097@gmail.com Chesapeake Real Estate Associates, LLC License #535569

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $978

Lot Details

  • 2.67 Acre Lot
  • Property is zoned NC-1

Utilities

  • No Septic System

Community Details

  • No Home Owners Association
  • The Grove Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 1802021277

Property Details

Property Type

Land

Est. Annual Taxes

$978

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.46

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 2.67
  • Lot Size Area: 116305
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 116305.00
  • Possible Use: Residential
  • Zoning: NC-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4514326
  • Tax Annual Amount: 978.28
  • Assessor Parcel Number: 1802021277
  • Tax Lot: 36
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2016
Sold by
Grimes Dale C and Grimes Samantha A
Bought by
Smith Robert Allen and Smith Emily Kate
Current Estimated Value
$453,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,381
Outstanding Balance
$199,379
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$262,657

Purchase Details

Listed on
Feb 6, 2013
Closed on
Jul 9, 2013
Sold by
Sbs Relaty Holdings Llc
Bought by
Grimes Dale C and Grimes Samantha A
Seller's Agent
David Kaufmann
Eastern Shore Real Estate, LLC
Buyer's Agent
Samantha Grimes
Chesapeake Real Estate Associates, LLC
List Price
$64,900
Sold Price
$44,900
Premium/Discount to List
-$20,000
-30.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.63%
Original Mortgage
$184,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2010
Sold by
Queen Anne Development Llc
Bought by
Ssb Realty Holdings Llc

Purchase Details

Closed on
Jan 27, 2006
Sold by
Grimes Dale C and Samantha A, T
Bought by
Queen Anne Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2004
Sold by
Hugoniot Donald M
Bought by
Grimes Dale C and Grimes Samantha A
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
Smith Robert Allen $255,000 Attorney
Grimes Dale C $44,900 None Available
Ssb Realty Holdings Llc $102,449 --
Queen Anne Development Llc $170,000 --
Grimes Dale C $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Robert Allen $250,381
Previous Owner Grimes Dale C $184,000
Previous Owner Queen Anne Development Llc $127,500
Closed Grimes Dale C --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2013 07/10/13 Sold $44,900 -30.8% --
06/24/2013 06/24/13 Pending -- -- --
02/06/2013 02/06/13 For Sale $64,900 -- --
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 $2,873 $347,300 $101,600 $245,700
2024 $2,722 $316,000 $0 $0
2023 $2,581 $284,700 $0 $0
2022 $2,447 $253,400 $78,000 $175,400
2021 $2,435 $250,500 $0 $0
2020 $2,435 $247,600 $0 $0
2019 $2,407 $244,700 $78,000 $166,700
2018 $2,317 $235,333 $0 $0
2017 $2,227 $225,967 $0 $0
2016 -- $216,600 $0 $0
2015 $978 $216,600 $0 $0
2014 $978 $140,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003338672

Bright MLS

APN: 02-021277