Seller's Agent in 2021
Retha Arrabal
Doug Ashley Realtors, LLC
(410) 708-2172
33 in this area
115 Total Sales
113 Spring Ave Chestertown, MD 21620
Estimated Value: $212,621
Studio
4
Baths
4,000
Sq Ft
$53/Sq Ft
Est. Value
Highlights
- City View
- No HOA
- Window Unit Cooling System
- Wood Flooring
- Balcony
- 2-minute walk to Fountain Park
About This Home
As of May 2021Multi unit in Chestertown, first floor is office space, there is a large office with a bathroom and kitchenette which can be shared. Two smaller one room offices on the first floor as well. Upstairs there are two apartments, each one bedroom. One office is currently rented downstairs and two apartments are rented. Off street parking, downtown location. Being sold as is
Last Agent to Sell the Property
(410) 810-0010 rarrabal@hotmail.com Doug Ashley Realtors, LLC License #107285 Listed on: 03/26/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,523
Year Built
- Built in 1920
Lot Details
- 6,448
Home Design
- Asbestos
Interior Spaces
- 4,000 Sq Ft Home
- Wood Flooring
- City Views
- Crawl Space
Kitchen
- Stove
- Range Hood
Parking
- 4 Parking Spaces
- 4 Off-Street Spaces
Schools
- Kent County High School
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
- Hot Water Baseboard Heater
- 200+ Amp Service
- Oil Water Heater
Additional Features
- Balcony
- 6,448 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 1504004809
Community Details
Overview
- No Home Owners Association
- 3 Units
- Chestertown Subdivision
Building Details
- Operating Expense $5,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2021
Closed on
May 10, 2021
Sold by
Pearson Richard Scott
Bought by
Kmg Enterprises Llc
Seller's Agent
Retha Arrabal
Doug Ashley Realtors, LLC
Buyer's Agent
Marshall Owings
Benson & Mangold, LLC
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,621
Avg. Annual Appreciation
4.07%
Original Mortgage
$175,000
Outstanding Balance
$157,918
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$54,703
Purchase Details
Closed on
Aug 22, 2006
Sold by
Trinity Blackthorn Llc
Bought by
Pearson Richard Scott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.83%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 16, 2006
Sold by
Trinity Blackthorn Llc
Bought by
Pearson Richard Scott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.83%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 7, 1999
Sold by
Davis Elise
Bought by
Trinity Blackhorn Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kmg Enterprises Llc | $175,000 | None Available | |
| Pearson Richard Scott | $285,000 | -- | |
| Pearson Richard Scott | $285,000 | -- | |
| Trinity Blackhorn Llc | $157,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kmg Enterprises Llc | $175,000 | |
| Previous Owner | Pearson Richard Scott | $57,000 | |
| Previous Owner | Pearson Richard Scott | $228,000 | |
| Previous Owner | Pearson Richard Scott | $228,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/12/2021 05/12/21 | Sold | $175,000 | -12.1% | $44 / Sq Ft |
| 04/01/2021 04/01/21 | Pending | -- | -- | -- |
| 03/26/2021 03/26/21 | For Sale | $199,000 | -- | $50 / Sq Ft |
Source: Bright MLS
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 | $3,233 | $206,300 | $128,900 | $77,400 |
| 2024 | $3,233 | $206,300 | $128,900 | $77,400 |
| 2023 | $3,307 | $211,000 | $128,900 | $82,100 |
| 2022 | $3,286 | $211,000 | $128,900 | $82,100 |
| 2020 | $3,523 | $224,800 | $128,900 | $95,900 |
| 2019 | $7,032 | $224,800 | $128,900 | $95,900 |
| 2018 | $3,493 | $224,800 | $128,900 | $95,900 |
| 2017 | $3,581 | $238,100 | $0 | $0 |
| 2016 | -- | $238,100 | $0 | $0 |
| 2015 | $1,665 | $238,100 | $0 | $0 |
| 2014 | $1,665 | $266,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Retha Arrabal
-
Marshall Owings
Buyer's Agent in 2021
Marshall Owings
Benson & Mangold, LLC
(410) 708-5382
3 in this area
19 Total Sales
Map
Source: Bright MLS
MLS Number: MDKE117858
APN: 04-004809
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