NOT LISTED FOR SALE

167 Flatland Rd Chestertown, MD 21620

Estimated Value: $171,000 - $250,267

2 Beds
1 Bath
944 Sq Ft
$237/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $99,000 $105 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,501/month

121 Days on Market

Highlights

  • 2.77 Acre Lot
  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • No HOA
  • Bungalow
  • Electric Baseboard Heater

About This Home

As of December 2021

Significant price reduction! Investment opportunity! Over 2.5 acres close to downtown Chestertown. House is in need of rehab and the value is in the land. Existing house is occupied. Detached garage has additional storage, or keep its current use as a chicken coop. The house can be renovated., or take advantage of R4 zoning, which allows for construction of multi-family dwellings to fulfill the demand for rental housing. R4 zoning allows for the conditional use for mobile homes. A plan is included in the available documents. See documents for further information on allowable uses. Do not enter property without a confirmed appointment. Tenant occupied and 24 hour notice needed.

Last Agent to Sell the Property

Julie Santoboni

Taylor Properties License #672033 Listed on: 06/29/2021

Taylor Properties

Last Buyer's Agent

Erin Anderson

Chesapeake Real Estate Associates, LLC License #668553

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,380

Year Built

  • Built in 1956

Lot Details

  • 2.77 Acre Lot
  • Property is zoned R$

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Off-Street Parking

Home Design

  • Bungalow
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 944 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1504000544

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,380

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-07-01
  • Federal Flood Zone: No
  • Year Built: 1956
  • Automatically Close On Close Date: No
  • Remarks Public: Significant price reduction! Investment opportunity! Over 2.5 acres close to downtown Chestertown. House is in need of rehab and the value is in the land. Existing house is occupied. Detached garage has additional storage, or keep its current use as a chicken coop. The house can be renovated., or take advantage of R4 zoning, which allows for construction of multi-family dwellings to fulfill the demand for rental housing. R4 zoning allows for the conditional use for mobile homes. A plan is included in the available documents. See documents for further information on allowable uses. Do not enter property without a confirmed appointment. Tenant occupied and 24 hour notice needed.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 944
  • Living Area Sq Ft: 944
  • Price Per Sq Ft: 105.83
  • Above Grade Finished Sq Ft: 944
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 167

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: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.77
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 120661.20
  • Property Condition: Major Rehab Needed
  • Zoning: R$
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 2380.00
  • Assessor Parcel Number: 1504000544
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/17/2021

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Dec 4, 2021
Sold by
Radcliffe Park Llc
Bought by
Knr Inc
Seller's Agent
Julie Santoboni
Taylor Properties
Buyer's Agent
Erin Anderson
Chesapeake Real Estate Associates, LLC
List Price
$150,000
Sold Price
$99,000
Premium/Discount to List
-$51,000
-34%
Current Estimated Value
$231,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,983
Avg. Annual Appreciation
25.12%

Purchase Details

Closed on
Apr 28, 2010
Sold by
Chesapeake Bank And Trust Co
Bought by
Radcliffe Park Llc

Purchase Details

Closed on
Dec 31, 2008
Sold by
Naundorf John H
Bought by
Chesapeake Bank & Trust Co

Purchase Details

Closed on
Dec 23, 2008
Sold by
Naundorf John H
Bought by
Chesapeake Bank & Trust Co

Purchase Details

Closed on
Mar 19, 1991
Sold by
Beasley Kenneth R
Bought by
Naundorf John H
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
Knr Inc $99,000 None Available
Radcliffe Park Llc $75,000 --
Chesapeake Bank & Trust Co $75,000 --
Chesapeake Bank & Trust Co $75,000 --
Naundorf John H $95,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $99,000 -0.9% $105 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
09/23/2021 09/23/21 Price Changed $99,900 -23.1% $106 / Sq Ft
07/22/2021 07/22/21 Price Changed $129,900 -13.4% $138 / Sq Ft
06/29/2021 06/29/21 For Sale $150,000 -- $159 / 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 $2,776 $177,100 $122,600 $54,500
2024 $2,714 $173,167 $0 $0
2023 $2,574 $169,233 $0 $0
2022 $2,574 $165,300 $122,600 $42,700
2021 $2,571 $165,100 $122,400 $42,700
2020 $2,587 $165,100 $122,400 $42,700
2019 $5,541 $177,700 $136,700 $41,000
2018 $5,523 $177,700 $136,700 $41,000
2017 $3,064 $177,700 $0 $0
2016 -- $203,700 $0 $0
2015 $3,098 $203,700 $0 $0
2014 $3,098 $203,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDKE2000080

Bright MLS

APN: 04-000544