NOT LISTED FOR SALE

10046 Forrest Ln Chestertown, MD 21620

Estimated Value: $785,000 - $1,003,000

3 Beds
2 Baths
1,826 Sq Ft
$473/Sq Ft Est. Value

Last Sold July 13, 2012

Last sale price $550,000 $301 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,978/month

287 Days on Market

Highlights

  • 450 Feet of Waterfront
  • 1 Boat Dock
  • Golf Club
  • Marina
  • Pier or Dock
  • Cape Cod Architecture

About This Home

As of July 2012

Quiet cove on Fairlee Creek. Dock with 2 boat lifts. Private waterfront home on 5 acres, mostly wooded on road side for privacy. Gentle slope with beautiful mountain laurel to water. First floor Master Bedroom and Bath. Kitchen with Breakfast Nook area, Living Room & Family room, Dining Room Lots of windows across back of house to enjoy the water views. Great Oak Amenities - golf, tennis, pool

Last Agent to Sell the Property

Mary Fielding

(410) 708-4852 mfielding@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company Listed on: 08/19/2011

Coldwell Banker Chesapeake Real Estate Company

Last Buyer's Agent

Mike Mobley

riverbend1mike@gmail.com Gunther-McClary Real Estate License #MRIS:66478

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,085

Year Built

  • Built in 1988

Lot Details

  • 5.04 Acre Lot
  • 450 Feet of Waterfront
  • Home fronts navigable water
  • Landscaped
  • Private Lot
  • Property is in very good condition
  • Property is zoned RCD

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Wood Burning Stove
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Wood Flooring
  • Water Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Deck
  • Patio

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Septic Tank

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 1506013805

Community Details

Overview

  • Association fees include road maintenance

Amenities

  • Picnic Area

Recreation

  • Pier or Dock
  • Marina
  • Golf Club
  • Tennis Courts
  • Community Pool
  • Putting Green

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,085

Year Built

Built in 1988

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • 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: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven - Wall, Range Hood, Refrigerator, Washer, Water Conditioner - Owned
  • Interior Amenities: Attic, Family Room Off Kitchen, Kitchen - Table Space, Dining Area, Chair Railings, Window Treatments, Primary Bath(s), Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Dock Type: Multiple Slip
  • Exterior Features: Sidewalks
  • View: Water
  • Water Access: Yes
  • Water Body Name: FAIRLEE CREEK*
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 450

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric, Wood
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 360.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Golf Club, Marina/Marina Club, Picnic Area, Pier/Dock, Pool - Outdoor, Putting Green, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Road Maintenance
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 216400.00
  • Land Assessed Value: 408400.00
  • Lot Features: Landscaping, Private
  • Lot Size Acres: 5.04
  • Lot Size Area: 219542
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 219542.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Zoning: RCD

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4509325
  • Tax Annual Amount: 7085.23
  • Assessor Parcel Number: 1506013805
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2011
Closed on
Jul 13, 2012
Sold by
Clark John R and The Lps Forrest Residence Trus
Bought by
Schaaf Richard and Schaaf Joanne
Seller's Agent
Mary Fielding
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
Mike Mobley
Gunther-McClary Real Estate
List Price
$625,000
Sold Price
$550,000
Premium/Discount to List
-$75,000
-12%
Current Estimated Value
$834,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,792
Avg. Annual Appreciation
3.41%
Original Mortgage
$350,000
Outstanding Balance
$242,399
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$620,671

Purchase Details

Closed on
Apr 6, 1998
Sold by
Steuart Leonard P and Steuart Carol S
Bought by
Steuart Leonard P Trustee

Purchase Details

Closed on
Jun 12, 1996
Sold by
Love William C and Love Shirley A
Bought by
Steuart Leonard P and Steuart Carol S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schaaf Richard $550,000 None Available
Steuart Leonard P Trustee -- --
Steuart Leonard P $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaaf Richard $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2012 07/13/12 Sold $550,000 -7.6% $301 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
03/21/2012 03/21/12 Price Changed $595,000 -4.8% $326 / Sq Ft
08/19/2011 08/19/11 For Sale $625,000 -- $342 / 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 $6,678 $583,567 $0 $0
2024 $6,539 $571,300 $408,400 $162,900
2023 $6,517 $569,433 $0 $0
2022 $6,439 $567,567 $0 $0
2021 $6,475 $565,700 $408,400 $157,300
2020 $6,475 $565,700 $408,400 $157,300
2019 $6,736 $565,700 $408,400 $157,300
2018 $6,736 $588,700 $408,400 $180,300
2017 $6,736 $588,700 $0 $0
2016 -- $588,700 $0 $0
2015 -- $591,400 $0 $0
2014 $7,115 $591,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Fielding

    Seller's Agent in 2012

    Mary Fielding

    Coldwell Banker Chesapeake Real Estate Company

    (410) 708-4852

    41 Total Sales

    Mary Fielding
    Section Image

  • M

    Buyer's Agent in 2012

    Mike Mobley

    Gunther-McClary Real Estate

See All Agents

Map

Source: Bright MLS

MLS Number: 1004559988

Bright MLS

APN: 06-013805

Maryland Kent County Chestertown 21620

10046 Forrest Ln, Chestertown, MD

Not Listed for Sale

Detached

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