NOT LISTED FOR SALE

115 Port Herman Dr Chesapeake City, MD 21915

Estimated Value: $257,446 - $308,000

1 Bed
1 Bath
-- Sq Ft
$354/mo HOA Fee

Last Sold June 01, 2021

Last sale price $199,500

Est. 40% increase in value since last sale

Current estimated payment $2,063/month

Highlights

  • Boat Ramp
  • Beach
  • Water Access
  • Water Views
  • Home fronts navigable water
  • Contemporary Architecture

About This Home

As of June 2021

This is an estate short sale. Home is in need of TLC. Simultaneous list and sell.

Last Agent to Sell the Property

Patricia Maloney

Empower Real Estate, LLC License #524024 Listed on: 04/12/2021

Empower Real Estate, LLC

Last Buyer's Agent

Patricia Maloney

Empower Real Estate, LLC License #524024 Listed on: 04/12/2021

Empower Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 1987

Lot Details

  • Home fronts navigable water
  • Property is in below average condition

HOA Fees

  • $354 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • HardiePlank Type

Interior Spaces

  • Property has 1 Level
  • Water Views
  • Galley Kitchen

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • River Nearby

Schools

  • Chesapeake City Elementary School
  • Bohemia Manor Middle School
  • Bohemia Manor High School

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 0802033976

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, pier/dock maintenance
  • Low-Rise Condominium
  • Aspen Property Management Condos, Phone Number (410) 620-2598
  • Port Herman Beach Condos Subdivision

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Boat Ramp
  • Pier or Dock
  • Beach
  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,056

Year Built

Built in 1987

Lot Details

0

HOA Fees

$354 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Remarks Public: This is an estate short sale. Home is in need of TLC. Simultaneous list and sell.
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Kitchen - Galley
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 115

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Roof: Asphalt
  • View: Water
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer, Community Septic Tank, Private Septic Tank
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 354.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Aspen Property Management
  • Condo Co-Op Phone: 410-620-2598
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Common Grounds, Extra Storage, Pier/Dock, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Pier/Dock Maintenance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • Elementary School: CHESAPEAKE CITY
  • Middle School: BOHEMIA MANOR
  • High School: BOHEMIA MANOR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121139799812
  • School District Source: 3rd Party
  • Elementary School: CHESAPEAKE CITY
  • High School: BOHEMIA MANOR
  • Middle Or Junior School: BOHEMIA MANOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 108000.00
  • Land Assessed Value: 72000.00
  • Land Use Code: 110
  • Property Condition: Below Average
  • Year Assessed: 2021
  • Zoning: RM
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4446614
  • Tax Annual Amount: 2056.00
  • Assessor Parcel Number: 0802033976
  • Tax Page Number: 235
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/01/2021

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2024
Sold by
Fairchild Thomas Hayes and Schmitt Laura Adams
Bought by
Laura A Schmitt Revocable Trust and Schmitt
Current Estimated Value
$279,862

Purchase Details

Listed on
Apr 12, 2021
Closed on
Jun 1, 2021
Sold by
Ayres David H and Estate Of Michael L Ayres
Bought by
Fairchild Thomas Hayes and Schmitt Laura Adam
Seller's Agent
Patricia Maloney
Empower Real Estate, LLC
Buyer's Agent
Patricia Maloney
Empower Real Estate, LLC
List Price
$210,000
Sold Price
$199,500
Premium/Discount to List
-$10,500
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%

Purchase Details

Closed on
Sep 4, 1998
Sold by
Griggs Robert A and Griggs Patricia
Bought by
Ayres Michael L

Purchase Details

Closed on
Nov 9, 1988
Sold by
Port Herman Enterprises, Inc.
Bought by
Griggs Robert A and Griggs Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
10.12%
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
Laura A Schmitt Revocable Trust -- None Listed On Document
Thomas H Fairchild Revocable Trust -- None Listed On Document
Fairchild Thomas Hayes $199,500 None Available
Ayres Michael L $125,000 --
Griggs Robert A $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayres Michael L $280,500
Previous Owner Griggs Robert A $88,000
Closed Ayres Michael L --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $199,500 -5.0% --
04/12/2021 04/12/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $210,000 -- --
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 $2,351 $209,333 $0 $0
2024 $2,249 $200,000 $72,000 $128,000
2023 $2,195 $193,333 $0 $0
2022 $2,162 $186,667 $0 $0
2021 $2,119 $180,000 $72,000 $108,000
2020 $2,395 $178,333 $0 $0
2019 $2,038 $176,667 $0 $0
2018 $2,040 $175,000 $52,500 $122,500
2017 $1,917 $171,667 $0 $0
2016 $1,879 $168,333 $0 $0
2015 $1,879 $165,000 $0 $0
2014 $2,097 $165,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC174138

Bright MLS

APN: 02-033976