NOT LISTED FOR SALE

221 S Water St Unit 4 Chestertown, MD 21620

Estimated Value: $830,183 - $1,093,000

3 Beds
3.5 Baths
2,800 Sq Ft
$336/Sq Ft Est. Value

Last Sold July 17, 2014

Last sale price $627,500 $224 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,073/month

Highlights

  • 165 Feet of Waterfront
  • Pier
  • Open Floorplan
  • 5 Dock Slips
  • Newly Remodeled
  • 1-minute walk to Wilmer Park

About This Home

As of July 2014

Waterfront condo with expansive views of the Chester River includes 2 deeded boat slips. This unit is currently unfinished so you can design your own floor plan. An elevator is an option. Great location in Historic Chestertown within walking distance of shops, parks and restaurants. Bring your creativity and make this the perfect getaway home.

Last Agent to Sell the Property

Mary Carlisle

(410) 703-3820 mcarlisle@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company License #597467 Listed on: 09/29/2012

Coldwell Banker Chesapeake Real Estate Company

Last Buyer's Agent

Kim Anthony

(410) 708-8686 realtorkimanthony@gmail.com MD Real Estate Brokerage License #644522

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,016

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • 165 Feet of Waterfront
  • Home fronts navigable water

HOA Fees

  • $254 Monthly HOA Fees

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • HardiePlank Type

Interior Spaces

  • 2,800 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • 1 Fireplace
  • Combination Kitchen and Living
  • Water Views
  • Laundry Room
  • Attic

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3.5 Bathrooms

Parking

  • Off-Street Parking
  • Parking Space Conveys
  • 1 Assigned Parking Space

Outdoor Features

  • Pier
  • Water Access
  • River Nearby
  • Physical Dock Slip Conveys
  • 5 Dock Slips
  • Stream or River on Lot
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Bottled Gas Water Heater

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 1504028678

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, pier/dock maintenance, reserve funds, snow removal
  • Scott's Point Community
  • Scott's Point Subdivision

Amenities

  • Common Area

Recreation

  • Boat Dock
  • Pier or Dock

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,016

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

HOA Fees

$254 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: Yes
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2013
  • Remarks Public: Waterfront condo with expansive views of the Chester River includes 2 deeded boat slips. This unit is currently unfinished so you can design your own floor plan. An elevator is an option. Great location in Historic Chestertown within walking distance of shops, parks and restaurants. Bring your creativity and make this the perfect getaway home.
  • Special Features: 4098
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Attic, Combination Kitchen/Living, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Townhouse
  • Levels Count: 3+
  • Room List: Primary Bedroom, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 232.14
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 221

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Hardiplank Type
  • Dock Type: Pier (Perpendicular)
  • View: Water
  • 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: 165

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Parking Space Conveys
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Bottled Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 254.25
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Pier/Dock Maintenance, Reserve Funds, Snow Removal
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 50000.00
  • Land Assessed Value: 350000.00
  • Year Assessed: 2012
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6016.00
  • Assessor Parcel Number: 1504028678
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 1000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 07/17/2014

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2022
Sold by
Weber Jeffrey L and Weber Kathleen R
Bought by
Riedel Bruce Oliver and Riedel Elizabeth Marie
Current Estimated Value
$939,546

Purchase Details

Listed on
Sep 29, 2012
Closed on
Jul 17, 2014
Sold by
Scotts Point Ventures Llc
Bought by
Weber Jeffrey L and Weber Kathleen R
Seller's Agent
Mary Carlisle
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
Kim Anthony
MD Real Estate Brokerage
List Price
$650,000
Sold Price
$627,500
Premium/Discount to List
-$22,500
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.64%
Original Mortgage
$377,500
Interest Rate
4.18%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Riedel Bruce Oliver -- None Listed On Document
Weber Jeffrey L $627,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weber Jeffrey L $377,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2014 07/17/14 Sold $627,500 -3.5% $224 / Sq Ft
01/31/2014 01/31/14 Pending -- -- --
09/29/2012 09/29/12 For Sale $650,000 -- $232 / 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 $10,814 $690,000 $350,000 $340,000
2024 $10,317 $658,333 $0 $0
2023 $9,265 $626,667 $0 $0
2022 $9,265 $595,000 $300,000 $295,000
2021 $18,609 $595,000 $300,000 $295,000
2020 $9,325 $595,000 $300,000 $295,000
2019 $19,550 $625,000 $325,000 $300,000
2018 $9,713 $625,000 $325,000 $300,000
2017 $9,400 $625,000 $0 $0
2016 -- $625,000 $0 $0
2015 $6,016 $625,000 $0 $0
2014 $6,016 $350,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004180870

Bright MLS

APN: 04-028678