$460,000
SOLD OCT 1, 2018

117 N Water St Chestertown, MD 21620

-- Bed
-- Bath
5,405 Sq Ft
0.33 Acres

Recently Sold

$85 Per Sq Ft

8% Below List Price

115 Days on Market

Highlights

  • 102 Feet of Waterfront
  • Fishing Allowed
  • 0.33 Acre Lot
  • Private Water Access
  • River View
  • Stream or River on Lot

About This Home

As of October 2018

Seven unit building in historic Chestertown, on the Chester River near the bridge.Opportunity to live on the 1st floor and lease the other six apartments. Or take back to a gracious single family residence with its elegant Mansard roof. Ample parking, spacious yard and porch river side. Washer/ Dryer in basement. Waterfront bulk headed.

Last Agent to Sell the Property

Lisa Raffetto

Coldwell Banker Chesapeake Real Estate Company Listed on: 04/06/2018

Coldwell Banker Chesapeake Real Estate Company

Co-Listed By

Richard Barker

Coldwell Banker Chesapeake Real Estate Company License #528925

Last Buyer's Agent

Richard Barker

Coldwell Banker Chesapeake Real Estate Company License #528925

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • 0.33 Acre Lot
  • 102 Feet of Waterfront
  • Home fronts navigable water
  • Property is in very good condition

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Property Views

  • River
  • Garden

Home Design

  • Brick Exterior Construction
  • Plaster Walls
  • Slate Roof
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • 2 Fireplaces
  • Window Screens
  • Partially Finished Basement
  • Rear Basement Entry
  • Storm Windows

Kitchen

  • Stove
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Water Access
  • River Nearby
  • Sail
  • Stream or River on Lot
  • Porch

Schools

  • Kent County High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Baseboard Heating
  • Bottled Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1504017927

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Recreation

  • Fishing Allowed

Building Details

  • Operating Expense $30,222
  • Net Operating Income $18,019

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1885
  • Remarks Public: Seven unit building in historic Chestertown, on the Chester River near the bridge.Opportunity to live on the 1st floor and lease the other six apartments. Or take back to a gracious single family residence with its elegant Mansard roof. Ample parking, spacious yard and porch river side. Washer/ Dryer in basement. Waterfront bulk headed.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Refrigerator, Stove, Washer, Water Heater
  • Window Features: Screens, Storm
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Partially Finished
  • Price Per Sq Ft: 92.32
  • Street Number Modifier: 117

Exterior Features

  • Construction Materials: Combination, Brick, Wood Siding, Vinyl Siding
  • Roof: Slate, Metal
  • View: Water, Garden/Lawn, River
  • Water Access Features: Boat - Powered, Fishing Allowed, Private Access, Sail
  • Water Access: Yes
  • Water Body Name: CHESTER RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 102

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Oil, Electric
  • Heating Type: Baseboard, Radiator
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: KENT COUNTY PUBLIC SCHOOLS
  • High School: KENT COUNTY
  • School District Key: 121139164602
  • High School: KENT COUNTY

Lot Info

  • Improvement Assessed Value: 324500.00
  • Land Assessed Value: 509200.00
  • Lot Size Acres: 0.33
  • Lot Size Area: 14280
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14280.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4505470
  • Tax Annual Amount: 12538.85
  • Assessor Parcel Number: 1504017927
  • Tax Page Number: 259
  • Tax Total Finished Sq Ft: 5405
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 10/01/2018

Multi Family

  • Dock Slip Conveyance: None Available
  • Gross Income: 60780.00
  • Mean Low Water Feet: 3
  • Operating Expense: 30222.00

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $460,000 0.0% $85 / Sq Ft
10/01/2018 10/01/18 Sold $460,000 -7.8% $85 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/30/2018 07/30/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $499,000 0.0% $92 / Sq Ft
05/07/2018 05/07/18 For Sale $499,000 +8.5% $92 / Sq Ft
04/24/2018 04/24/18 Off Market $460,000 -- --
04/06/2018 04/06/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $499,000 -- $92 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000364246

Bright MLS

APN: 04-017927