NOT LISTED FOR SALE

117 N Water St Unit 3A Chestertown, MD 21620

Estimated Value: $728,000 - $803,000

2 Beds
1 Bath
729 Sq Ft
$250/mo HOA Fee

Last Sold July 25, 2024

Last sale price $370,000 $508 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $5,172/month

77 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Ski Accessible
  • Access to Tidal Water
  • 1 Dock Slip
  • Pier or Dock
  • Fishing Allowed

About This Home

As of July 2024

A stately 1800’s waterfront Victorian home, rich in history enters a new chapter in life with 6 new condominium units. Make sure to bring all you water toys or a lounge chair to relax on the banks of Chester River. All the units have been renovated with with upgraded bathrooms and brand new kitchens. Enjoy all the amenities of living waterfront--Community dock, kayak storage, patio, and your own ground level storage. This is a unique setting offering waterfront living in downtown historic Chestertown and includes off street parking. Walk to downtown restaurants and shops. Beautiful southeast views of the Chester River with spectacular sunrises and plenty of year-round sunshine. Take in the all of the nearly year-round waterfront activities from your own back yard, including Chestertown Tea Party, 4th of July fireworks and Sultana down rigging weekend. Located on Maryland’s scenic eastern shore less than 85 miles from Washington DC to the south or Philadelphia to the north, this home is the perfect meeting spot for those living in the Mid-Atlantic region. This unit offers a 2 Bed 1 bath has a brand new kitchen and upgraded bathroom along with broad southeast river views.

Last Agent to Sell the Property

John Burke

(443) 206-3727 jburke57@gmail.com Gunther-McClary Real Estate Listed on: 04/07/2024

Last Buyer's Agent

Peter Stark

(410) 253-2484 peter@chesapeakebayproperties.com Benson & Mangold, LLC

Benson & Mangold, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1886

Lot Details

  • 100 Feet of Waterfront
  • Home fronts navigable water

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Harbor
  • River

Home Design

  • Manor Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 729 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Basement with some natural light

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Sail
  • Swimming Allowed
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Shared Waterfront
  • Powered Boats Permitted
  • Lake Privileges

Utilities

  • Ductless Heating Or Cooling System
  • Back Up Electric Heat Pump System
  • Bottled Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1504338842

Community Details

Overview

  • Association fees include water, insurance
  • Chestertown Historic District Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Pier or Dock
  • Mooring Area
  • Fishing Allowed
  • Ski Accessible

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Year Built

Built in 1886

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Manor
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-04-07
  • Federal Flood Zone: No
  • Year Built: 1886
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 1
  • Basement: Yes
  • Basement Type: Daylight, Partial
  • Laundry Type: Common
  • Total Sq Ft: 729
  • Living Area Sq Ft: 729
  • Price Per Sq Ft: 541.84
  • Above Grade Finished Sq Ft: 729
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Block, Brick, Frame
  • View: River, Harbor
  • Water Access Features: Canoe/Kayak, Boat - Powered, Fishing Allowed, Private Access, Sail, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Chester River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 250.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Laundry Facilities, Mooring Area, Pier/Dock, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Water, Insurance
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Ski In/Ski Out
  • Zoning: RCD
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 1.00
  • Assessor Parcel Number: 1504338842
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Shared, Private Dock Site

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2018
Sold by
Wickes Apartments Llc
Bought by
First Bridge Apartments Llc
Current Estimated Value
$761,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Outstanding Balance
$320,918
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$440,942

Purchase Details

Closed on
Jun 30, 2011
Sold by
Wickes Lewin Wethered
Bought by
Wickes Apartments Llc

Purchase Details

Closed on
Jun 28, 2011
Sold by
Wickes Wickes Iii Lewin Wetghered Iii Lewin Wetghered and Wickes Ford W Waverly
Bought by
Wickes Apartments Llc

Purchase Details

Closed on
Jun 20, 2011
Sold by
Wickes Lewin Wethered
Bought by
Wickes Apartments Llc

Purchase Details

Closed on
Feb 24, 1998
Sold by
Wickes Lewin W
Bought by
Wickes Jean G
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
First Bridge Apartments Llc $460,000 None Available
Wickes Apartments Llc -- --
Wickes Apartments Llc -- None Available
Wickes Apartments Llc -- --
Wickes Jean G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open First Bridge Apartments Llc $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2024 07/25/24 Sold $370,000 -6.3% $508 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
04/07/2024 04/07/24 For Sale $395,000 -- $542 / 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 $10,970 $700,000 $222,100 $477,900
2024 $15,628 $997,200 $299,100 $698,100
2023 $12,890 $822,500 $507,700 $314,800
2022 $12,808 $822,500 $507,700 $314,800
2021 $23,662 $822,500 $507,700 $314,800
2020 $10,832 $691,200 $507,700 $183,500
2019 $10,810 $691,200 $507,700 $183,500
2018 $25,911 $833,700 $509,200 $324,500
2017 $12,539 $833,700 $0 $0
2016 -- $833,700 $0 $0
2015 $13,646 $833,700 $0 $0
2014 $13,646 $833,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDKE2003730

Bright MLS

APN: 04-017927