NOT LISTED FOR SALE

205 Charles St Chesapeake City, MD 21915

Estimated Value: $396,000 - $450,000

-- Bed
4 Baths
2,480 Sq Ft
$166/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $270,000 $109 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,556/month

Highlights

  • Water Oriented
  • Heat Pump System
  • 3-minute walk to Ferry Slip Road Park
  • Central Air

About This Home

As of January 2021

Charming duplex in the quaint, water oriented town of Chesapeake City. Each unit has 2 bedrooms, 1.5 baths each with original hardwood floors & wide trim. This property offers views of the C & D canal and is in walking distance to many restaurants, shops, & elementary school. The owner has updated the HVAC system, water heater and appliances within the past 5 years. The 207 unit has video surveilence.

Last Agent to Sell the Property

Kelli Stansfield

EXIT Preferred Realty License #665706 Listed on: 12/02/2020

EXIT Preferred Realty

Last Buyer's Agent

Kelli Stansfield

EXIT Preferred Realty License #665706 Listed on: 12/02/2020

EXIT Preferred Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,685

Year Built

  • Built in 1900

Lot Details

  • 2,606 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Side-by-Side

Interior Spaces

  • 2,480 Sq Ft Home
  • Crawl Space

Outdoor Features

  • Water Oriented
  • Property is near a canal

Schools

  • Chesapeake City Elementary School
  • Bohemia Manor Middle School
  • Bohemia Manor High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Chesapeake City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0802001055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,685

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: Charming duplex in the quaint, water oriented town of Chesapeake City. Each unit has 2 bedrooms, 1.5 baths each with original hardwood floors & wide trim. This property offers views of the C & D canal and is in walking distance to many restaurants, shops, & elementary school. The owner has updated the HVAC system, water heater and appliances within the past 5 years. The 207 unit has video surveilence.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Crawl Space
  • Basement: No
  • Total Sq Ft: 2480
  • Living Area Sq Ft: 2480
  • Price Per Sq Ft: 120.56
  • Above Grade Finished Sq Ft: 2480
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 205

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Water Body Name: C & D Canal
  • Water Body Type: Canal
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • Elementary School: CHESAPEAKE CITY
  • Middle School: BOHEMIA MANOR
  • High School: BOHEMIA MANOR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121139799812
  • School District Source: 3rd Party
  • Elementary School: CHESAPEAKE CITY
  • High School: BOHEMIA MANOR
  • Middle Or Junior School: BOHEMIA MANOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 132700.00
  • Land Assessed Value: 96000.00
  • Land Use Code: 110
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2606.00
  • Year Assessed: 2020
  • Zoning: VC
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4443988
  • Tax Annual Amount: 3685.00
  • Assessor Parcel Number: 0802001055
  • Tax Total Finished Sq Ft: 2480
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 01/15/2021

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Jan 15, 2021
Sold by
Lewes Landmarks Ltd
Bought by
Lent Christopher R
Seller's Agent
Kelli Stansfield
EXIT Preferred Realty
Buyer's Agent
Kelli Stansfield
EXIT Preferred Realty
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%
Current Estimated Value
$412,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,401
Avg. Annual Appreciation
9.32%
Original Mortgage
$202,500
Outstanding Balance
$182,789
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$226,626

Purchase Details

Closed on
Oct 20, 2005
Sold by
Giordano Philip G
Bought by
Lewes Landmarks Ltd

Purchase Details

Closed on
Oct 3, 2005
Sold by
Giordano Philip G and Giordano Ii Phillip G
Bought by
Lewes Landmarks Ltd

Purchase Details

Closed on
Apr 2, 2003
Sold by
Shaguna Signe W and Shaguna Jack L
Bought by
Giordano Philip G and Giordano Ii Philip G

Purchase Details

Closed on
Feb 18, 1997
Sold by
Davis Henry V and Davis Eloise H
Bought by
Shaguna Signe W and Shaguna Jack L
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
Lent Christopher R $270,000 Liberty Title Services Llc
Lewes Landmarks Ltd $450,000 --
Lewes Landmarks Ltd $450,000 None Available
Giordano Philip G $75,000 --
Shaguna Signe W $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lent Christopher R $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $270,000 -9.7% $109 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $299,000 -- $121 / 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 $4,304 $264,967 $0 $0
2024 $4,074 $250,800 $106,000 $144,800
2023 $3,953 $243,433 $0 $0
2022 $3,885 $236,067 $0 $0
2021 $3,658 $228,700 $96,000 $132,700
2020 $3,685 $227,933 $0 $0
2019 $3,685 $227,167 $0 $0
2018 $3,673 $226,400 $96,000 $130,400
2017 $3,514 $226,400 $0 $0
2016 $3,554 $226,400 $0 $0
2015 $3,554 $229,100 $0 $0
2014 $3,548 $229,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC171200

Bright MLS

APN: 02-001055