NOT LISTED FOR SALE

116 Riverside Terrace Unit 7 Chestertown, MD 21620

Estimated Value: $376,000 - $407,291

2 Beds
1.5 Baths
900 Sq Ft
$434/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $405,000 $450 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,598/month

2 Days on Market

Highlights

  • Home fronts navigable water
  • River View
  • Deck
  • Canoe or Kayak Water Access
  • Colonial Architecture
  • Wood Flooring

About This Home

As of May 2024

BREATHTAKING SUNRISE VIEWS OVER CHESTER RIVER! Nestled in the serene Riverside Terrace community, this charming 2-bedroom, 1.5-bathroom condo offers an idyllic waterfront lifestyle in picturesque Chestertown. Begin your day with the tranquil beauty of sunrise vistas over the Chester River, visible from your private balcony off your bedroom, screened porch, and spacious outdoor patio. Whether you're savoring your morning coffee or hosting intimate gatherings, each space is designed to maximize the stunning water views. Step inside to discover a thoughtfully laid-out floor plan, where the entrance door leads seamlessly into the kitchen and the living/dining area opens onto the screened porch, extending your living space outdoors. Perfect for full-time residency or as a second home retreat, this lovingly maintained condo is an oasis of comfort and relaxation. With convenient access to downtown shopping, farmers market, and the nearby Chesapeake Bay, immerse yourself in the quintessential Eastern Shore lifestyle at its finest.

Last Agent to Sell the Property

Sandy Collins

Berkshire Hathaway HomeServices Homesale Realty License #RS333399 Listed on: 04/01/2024

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Murphy ONeill

Coldwell Banker Chesapeake Real Estate Company License #5010912

Coldwell Banker Chesapeake Real Estate Company

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,537

Year Built

  • Built in 1900 | Remodeled in 2011

Lot Details

  • Home fronts navigable water
  • South Facing Home

HOA Fees

  • $73 Monthly HOA Fees

Property Views

  • River
  • Garden

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 900 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Driveway Space
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Balcony
  • Deck
  • Screened Patio

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Propane
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 1504020596

Community Details

Overview

  • Association fees include insurance, road maintenance, reserve funds, sewer, snow removal
  • Riverside Terrace Condominium Association
  • Riverside Terrace Subdivision
  • Property Manager

Security

  • Fenced around community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,537

Year Built

Built in 1900 | Remodeled in 2011

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Inclusions: Refrigerator, Washer, Dryer, Window Treatments
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1900
  • Year Renovated: 2011
  • Automatically Close On Close Date: No
  • Remarks Public: BREATHTAKING SUNRISE VIEWS OVER CHESTER RIVER! Nestled in the serene Riverside Terrace community, this charming 2-bedroom, 1.5-bathroom condo offers an idyllic waterfront lifestyle in picturesque Chestertown. Begin your day with the tranquil beauty of sunrise vistas over the Chester River, visible from your private balcony off your bedroom, screened porch, and spacious outdoor patio. Whether you're savoring your morning coffee or hosting intimate gatherings, each space is designed to maximize the stunning water views. Step inside to discover a thoughtfully laid-out floor plan, where the entrance door leads seamlessly into the kitchen and the living/dining area opens onto the screened porch, extending your living space outdoors. Perfect for full-time residency or as a second home retreat, this lovingly maintained condo is an oasis of comfort and relaxation. With convenient access to downtown shopping, farmers market, and the nearby Chesapeake Bay, immerse yourself in the quintessential Eastern Shore lifestyle at its finest.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Flooring Type: Hardwood, Tile/Brick, Carpet
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Skylight(s)
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Full Bath, Half Bath
  • Basement: No
  • Total Sq Ft: 900
  • Living Area Sq Ft: 900
  • Price Per Sq Ft: 438.89
  • Above Grade Finished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Frame, Stick Built
  • Roof: Asphalt
  • View: Water, River, Garden/Lawn
  • Water Access Features: Private Access, Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: Chester River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Instant Hot Water, Tankless
  • Sewer/Septic System: Public Sewer
  • Utilities: Propane
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 879.90
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Fencing, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Insurance, Road Maintenance, Reserve Funds, Sewer, Snow Removal
  • HOA Name: RIVERSIDE TERRACE CONDOMINIUM ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: KENT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139164602
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U Residential Condominium
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s), Screened
  • Year Assessed: 2023
  • Zoning: R-3
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3537.00
  • Assessor Parcel Number: 1504020596
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/02/2024

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
May 2, 2024
Sold by
Shapiro Steven E and Stambaugh Patrick M
Bought by
Noguchi Yuki Elke and Nash Jonathan Grant
Seller's Agent
Sandy Collins
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Murphy ONeill
Coldwell Banker Chesapeake Real Estate Company
List Price
$395,000
Sold Price
$405,000
Premium/Discount to List
$10,000
2.53%
Views
35
Current Estimated Value
$390,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,677
Avg. Annual Appreciation
-3.21%
Original Mortgage
$28,350
Outstanding Balance
$28,078
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$362,245

Purchase Details

Listed on
Jul 28, 2021
Closed on
Sep 3, 2021
Sold by
Runde Earl R and Borghardt Sally E
Bought by
Shapiro Steven E and Stambaugh Patrick M
Seller's Agent
Deborah Callahan
Benson & Mangold, LLC
Buyer's Agent
Sandy Collins
Berkshire Hathaway HomeServices Homesale Realty
List Price
$279,900
Sold Price
$325,000
Premium/Discount to List
$45,100
16.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$243,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2010
Sold by
Cioffi Eileen Aloia
Bought by
Runde Earl R and Borghardt Sally E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 1997
Sold by
Cioffi Lester A
Bought by
Cioffi Eileen Aloia

Purchase Details

Closed on
Jul 12, 1985
Sold by
Vaughan Todd K
Bought by
Cioffi Lester A and Cioffi Eileen A
Source: Public Records

Similar Homes in Chestertown, MD

  • 730 Aldora Dr Unit 114, Chestertown, MD 21620

    $492,464

    • 4 Beds
    • 3.5 Baths
    • 2,570 Sq Ft
    • 730 Aldora Dr
    • Unit 114
    • Chestertown, MD

    HOME OF THE MONTH -Under ConstructionLuxury 4 Bedroom Villa. The layout is welcoming and very functional. Featuring a huge family room with gas fireplace, dining area and stunning kitchen. The second floor boasts 3 bedrooms with an owner's suite that includes 2 walk-in closets and private bath which boasts ceramic tile, a double bowl sink, private water closet and seated shower., and an

    Terri Hill Builder Solutions Realty

    Section Image
  • 726 Aldora Dr, Chestertown, MD 21620

    $484,990

    • 4 Beds
    • 3.5 Baths
    • 2,120 Sq Ft
    • 726 Aldora Dr
    • Chestertown, MD

    2 DECORATED MODEL OPEN The Sophie is a luxury 3 Bedroom Villa with a layout that is welcoming and very functional. Featuring a huge family room, dining area and stunning kitchen. The second floor boasts 3 bedrooms with an owner's suite that includes 2 walk-in closets and private bath which boasts ceramic tile, a double bowl sink, private water closet and seated shower and an additional

    Terri Hill Builder Solutions Realty

    Section Image
See All Homes in Chestertown

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Noguchi Yuki Elke $405,000 Newlyn Title
Shapiro Steven E $325,000 First American Title Ins Co
Runde Earl R $205,000 --
Cioffi Eileen Aloia -- --
Cioffi Lester A $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noguchi Yuki Elke $28,350
Previous Owner Shapiro Steven E $243,750
Previous Owner Borghardt Sally E $25,000
Previous Owner Runde Earl Robert $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $405,000 +2.5% $450 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $395,000 +21.5% $439 / Sq Ft
09/03/2021 09/03/21 Sold $325,000 +16.1% $361 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $279,900 -- $311 / 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
2024 $4,197 $267,833 $0 $0
2023 $3,537 $225,667 $0 $0
2022 $2,857 $183,500 $103,500 $80,000
2021 $5,907 $183,500 $103,500 $80,000
2020 $2,876 $183,500 $103,500 $80,000
2019 $6,100 $195,000 $115,000 $80,000
2018 $2,979 $191,667 $0 $0
2017 $2,782 $188,333 $0 $0
2016 -- $185,000 $0 $0
2015 $2,782 $185,000 $0 $0
2014 $2,782 $185,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandy Collins

    Seller's Agent in 2024

    Sandy Collins

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 203-8431

    168 Total Sales

    Sandy Collins
    Section Image
  • Murphy ONeill

    Buyer's Agent in 2024

    Murphy ONeill

    Coldwell Banker Chesapeake Real Estate Company

    (443) 480-4275

    45 Total Sales

    Murphy ONeill
    Section Image
  • Deborah Callahan

    Seller's Agent in 2021

    Deborah Callahan

    Benson & Mangold, LLC

    (443) 988-8094

    31 Total Sales

    Deborah Callahan
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDKE2003790

Bright MLS

APN: 04-020596

Maryland Kent County Chestertown 21620

116 Riverside Terrace Unit 7, Chestertown, MD

This home is located at 116 Riverside Terrace Unit 7, Chestertown, MD 21620 since 01 April 2024 and is currently estimated at $390,323, approximately $433 per square foot. This property was built in 1900. 116 Riverside Terrace Unit 7 is a home located in Kent County with nearby schools including Kent County Middle School, Kent County High School, and Chestertown Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes