NOT LISTED FOR SALE

118 Riverside Terrace Unit 8 Chestertown, MD 21620

Estimated Value: $385,000 - $548,000

3 Beds
2 Baths
1,344 Sq Ft
$326/Sq Ft Est. Value

Last Sold April 09, 2015

Last sale price $195,000 $145 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,873/month

169 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Open Floorplan
  • Contemporary Architecture
  • River View
  • Deck
  • Stream or River on Lot

About This Home

As of April 2015

Fabulous Home on the Chester River with spectacular views from the Upper and Lower decks. Launch your canoes/kayaks from the backyard and enjoy the outdoors. This home in the heart of Chestertown offers 2 Bedrooms on the ground floor, huge Master Bedroom on the 2nd floor, two full Baths, spacious Kitchen and large Family Room. Enjoy the view and quiet evenings overlooking the water.

Last Agent to Sell the Property

Robert Tacher

(410) 778-0330 rtacher@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company Listed on: 10/06/2014

Coldwell Banker Chesapeake Real Estate Company

Last Buyer's Agent

Stacy Kendall

(443) 480-3453 stacy@csrealtors.com Cross Street Realtors LLC License #637446

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Cul-De-Sac
  • Northeast Facing Home
  • Landscaped
  • Property is in very good condition
  • Property is zoned R-3

HOA Fees

Property Views

  • River
  • Pasture
  • Garden

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Cathedral Ceiling
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Utility Room
  • Wood Flooring
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Parking

  • Gravel Driveway
  • Shared Driveway
  • Surface Parking
  • Parking Space Conveys

Outdoor Features

  • Canoe or Kayak Water Access
  • River Nearby
  • Stream or River on Lot
  • Shared Waterfront
  • Deck

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 1504020618

Community Details

Overview

  • Association fees include insurance, reserve funds, road maintenance
  • $25 Other Monthly Fees
  • Riverside Terrace Community
  • Riverside Terrace Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

HOA Fees

$123 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Stove, Disposal
  • Interior Amenities: Attic, Combination Dining/Living, Primary Bath(s), Window Treatments, Entry Level Bedroom, Wood Floors, Floor Plan - Open
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall
  • Entry Location: Townhouse
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Utility Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1344
  • Living Area Sq Ft: 1344
  • Price Per Sq Ft: 170.39
  • Above Grade Finished Sq Ft: 1344
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • View: Water, River, Pasture, Garden/Lawn
  • Water Access Features: 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
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Parking Features: Shared Driveway, Parking Space Conveys, Surface, Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1175.15
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 300.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Insurance, Reserve Funds, Road Maintenance
  • HOA Condo Co-Op Rules: Covenants, Pets - Allowed
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 300.00
  • Other Fees Frequency: Annually

Lot Info

  • Improvement Assessed Value: 110000.00
  • Land Assessed Value: 250000.00
  • Lot Features: Cul-De-Sac, Landscaping
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5414.40
  • Assessor Parcel Number: 1504020618
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2014
Closed on
Apr 9, 2015
Sold by
Blue Meadow Llc
Bought by
Dalton Katherine B
Seller's Agent
Robert Tacher
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
Stacy Kendall
Cross Street Realtors LLC
List Price
$229,000
Sold Price
$195,000
Premium/Discount to List
-$34,000
-14.85%
Current Estimated Value
$438,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,442
Avg. Annual Appreciation
7.89%

Purchase Details

Closed on
Feb 18, 2014
Sold by
Cioffi Lester A and Cioffi Eileen Aloia
Bought by
Blue Meadow Llc

Purchase Details

Closed on
Sep 28, 2001
Sold by
Scriba Elinor W & E William Tr
Bought by
Cioffi Lester A and Eileen Aloia

Purchase Details

Closed on
Oct 25, 1996
Sold by
Scriba Elinor W
Bought by
Scriba Elinor W & E William Tr and U/T Elinor W Scriba Living Tru
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dalton Katherine B $97,500 None Available
Blue Meadow Llc $140,000 Titletek
Cioffi Lester A $200,000 --
Scriba Elinor W & E William Tr -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2015 04/09/15 Sold $195,000 -14.8% $145 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $229,000 0.0% $170 / Sq Ft
01/29/2015 01/29/15 Pending -- -- --
11/28/2014 11/28/14 Price Changed $229,000 -8.2% $170 / Sq Ft
10/06/2014 10/06/14 For Sale $249,400 -- $186 / 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 $5,328 $340,000 $230,000 $110,000
2024 $5,302 $338,333 $0 $0
2023 $5,217 $336,667 $0 $0
2022 $5,217 $335,000 $225,000 $110,000
2021 $12,411 $335,000 $225,000 $110,000
2020 $5,250 $335,000 $225,000 $110,000
2019 $14,389 $460,000 $250,000 $210,000
2018 $7,148 $460,000 $250,000 $210,000
2017 $5,414 $460,000 $0 $0
2016 -- $360,000 $0 $0
2015 $5,866 $360,000 $0 $0
2014 $5,866 $360,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003223760

Bright MLS

APN: 04-020618