NOT LISTED FOR SALE

223 S Water St Unit 5 Chestertown, MD 21620

Estimated Value: $737,000 - $1,061,000

2 Beds
3.5 Baths
2,800 Sq Ft
$254/mo HOA Fee

Last Sold December 13, 2013

Last sale price $660,000 $236 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,833/month

Highlights

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

About This Home

As of December 2013

Waterfront condo being finished to buyers specs. Other units available.

Last Agent to Sell the Property

Mary Carlisle

(410) 703-3820 mcarlisle@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company License #597467 Listed on: 08/16/2013

Coldwell Banker Chesapeake Real Estate Company

Last Buyer's Agent

Mary Carlisle

(410) 703-3820 mcarlisle@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company License #597467 Listed on: 08/16/2013

Coldwell Banker Chesapeake Real Estate Company

Property Details

Home Type

  • Condominium

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

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • HardiePlank Type

Interior Spaces

  • 2,800 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Water Views
  • Crawl Space
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3.5 Bathrooms

Outdoor Features

  • Pier
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted

Utilities

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

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 1504028686

Community Details

Overview

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

Recreation

  • Boat Dock
  • Pier or Dock

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

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
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2013
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Area, Combination Dining/Living, Floor Plan - Open
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Townhouse
  • Foundation Details: Crawl Space
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 249.64
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • 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
  • 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
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Bottled Gas, Tankless
  • 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, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Insurance, Pier/Dock Maintenance, Snow Removal
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: Yes

Lot Info

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

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6016.00
  • Assessor Parcel Number: 1504028686
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2016
Sold by
Scotts Point Ventures Llc
Bought by
Brown Bruce R and Brown Barbra S
Current Estimated Value
$893,882

Purchase Details

Listed on
Aug 16, 2013
Closed on
Dec 13, 2013
Sold by
Scotts Point Venture Llc
Bought by
Brown Bruce R and Brown Barbara S
Seller's Agent
Mary Carlisle
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
Mary Carlisle
Coldwell Banker Chesapeake Real Estate Company
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.59%
Original Mortgage
$450,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage
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
Brown Bruce R -- None Available
Brown Bruce R $660,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Bruce R $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2013 12/13/13 Sold $660,000 -5.6% $236 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $699,000 -- $250 / 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 $10,796 $690,000 $350,000 $340,000
2024 $10,283 $658,333 $0 $0
2023 $9,265 $626,667 $0 $0
2022 $9,265 $595,000 $300,000 $295,000
2021 $18,531 $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 $9,926 $625,000 $0 $0
2016 -- $660,000 $0 $0
2015 $6,016 $660,000 $0 $0
2014 $6,016 $775,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003684434

Bright MLS

APN: 04-028686