NOT LISTED FOR SALE

22470 Fairgale Farm Ln Chestertown, MD 21620

Estimated Value: $1,326,753 - $1,550,000

5 Beds
4 Baths
4,257 Sq Ft
$330/Sq Ft Est. Value

Last Sold January 11, 2019

Last sale price $945,000 $222 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,356/month

61 Days on Market

Highlights

  • 195 Feet of Waterfront
  • 1 Dock Slip
  • Sandy Beach
  • Boat Ramp
  • Pier
  • Gourmet Kitchen

About This Home

As of January 2019

Fairlee Creek waterfront haven is set on a private 3.5-acres with water views throughout the home. Built in 2002 with a 2005 addition, the open design with great room, large kitchen, loft and deck invites outdoor living and entertaining. Features include a first floor Master Suite, an in-law apartment and detached 2 car garage. Also included is a deeded boat slip with lift at the community dock. F

Last Agent to Sell the Property

Douglas Megargee

(410) 708-3152 bdmegargee@gmail.com Coldwell Banker Chesapeake Real Estate Company Listed on: 09/25/2018

Coldwell Banker Chesapeake Real Estate Company

Co-Listed By

Richard Budden

(443) 480-1181 rbudden@easternshoremdre.com Coldwell Banker Chesapeake Real Estate Company

Last Buyer's Agent

Brett Schrader

(410) 490-6075 brettschrader6@gmail.com Taylor Properties License #664616

Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,295

Year Built

  • Built in 2002

Lot Details

  • 3.55 Acre Lot
  • 195 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • West Facing Home
  • Landscaped
  • Planted Vegetation
  • No Through Street
  • Private Lot
  • Premium Lot
  • The property's topography is rolling
  • Partially Wooded Lot
  • Property is in very good condition
  • Property is zoned RCD

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Circular Driveway
  • Gravel Driveway
  • Off-Street Parking

Property Views

  • Water
  • Garden

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • HardiePlank Type

Interior Spaces

  • 4,257 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Stove
  • Fireplace Mantel
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Great Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Loft
  • Wood Flooring
  • Monitored

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Improved Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Side Exterior Basement Entry
  • Sump Pump
  • Workshop
  • Basement Windows

Outdoor Features

  • Pier
  • Water Access
  • River Nearby
  • Mooring
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Deck
  • Shed

Schools

  • Kent County High School

Utilities

  • Zoned Heating and Cooling
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Radiant Heating System
  • Vented Exhaust Fan
  • Well
  • Oil Water Heater
  • Septic Tank

Additional Features

  • Level Entry For Accessibility
  • Flood Risk

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 1506015174

Community Details

Overview

  • Fairgale Properties Subdivision

Amenities

  • Common Area

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • 24 Community Slips
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,295

Year Built

Built in 2002

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Loft
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-09-26
  • Federal Flood Zone: Yes
  • Year Built: 2002
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Kitchen - Gourmet, Combination Kitchen/Dining, Entry Level Bedroom, Upgraded Countertops, Window Treatments, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane, Screens
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings, 2 Story Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Great Room, In-Law/AuPair/Suite, Laundry, Loft
  • Basement: Yes
  • Basement Type: Outside Entrance, Side Entrance, Sump Pump, Connecting Stairway, Daylight, Partial, Improved, Walkout Level, Windows, Workshop
  • Living Area Units: Square Feet
  • Total Sq Ft: 4257
  • Living Area Sq Ft: 4257
  • Price Per Sq Ft: 230.09
  • Above Grade Finished Sq Ft: 4257
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed Shop
  • Construction Materials: Hardiplank Type
  • Dock Type: Pier (Perpendicular)
  • Roof: Asphalt
  • View: Water, Garden/Lawn
  • Water Access: Yes
  • Water Body Name: FAIRLEE CREEK
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 195

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Gravel Driveway
  • Garage Features: Garage Door Opener
  • 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: Ceiling Fan(s), Wall Unit, Zoned
  • Heating Fuel: Oil, Wood
  • Heating Type: Zoned, Radiant, Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric, Oil
  • Security: Monitored, Security System
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 600.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Jog/Walk Path, Pier/Dock, Boat Ramp
  • HOA: Yes
  • Senior Community: No

Schools

  • High School: KENT COUNTY

Lot Info

  • Improvement Assessed Value: 376200.00
  • Land Assessed Value: 355300.00
  • Lot Features: Landscaping, Premium, No Thru Street, Partly Wooded, Vegetation Planting, Private
  • Lot Size Acres: 3.55
  • Lot Size Area: 154638
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 154638.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Topography: Rolling
  • Zoning: RCD
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4509436
  • Tax Annual Amount: 8295.21
  • Assessor Parcel Number: 1506015174
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Dock Slip Conveyance: Deeded
  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2018
Closed on
Jan 11, 2019
Sold by
Fulginiti Andrea J and Fulginiti Michael V
Bought by
Decker M Candace and Decker Thomas A
Seller's Agent
Douglas Megargee
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
Brett Schrader
Taylor Properties
List Price
$979,500
Sold Price
$945,000
Premium/Discount to List
-$34,500
-3.52%
Current Estimated Value
$1,405,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,251
Avg. Annual Appreciation
5.91%
Original Mortgage
$650,000
Outstanding Balance
$559,523
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$845,728

Purchase Details

Closed on
Jan 13, 2004
Sold by
Lutz John L
Bought by
Fulginiti Fulginiti V and Fulginiti Andrea J

Purchase Details

Closed on
Mar 1, 2002
Sold by
Knutson David W and Knutson Luanne J
Bought by
Lutz John L

Purchase Details

Closed on
Mar 4, 1994
Sold by
Fairgale Properties Co N.V.
Bought by
Knutson David W and Knutson Luanne J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Decker M Candace $945,000 Gpn Title Inc
Fulginiti Fulginiti V $725,000 --
Lutz John L $330,000 --
Knutson David W $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Decker M Candace $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2019 01/11/19 Sold $945,000 -3.5% $222 / Sq Ft
09/25/2018 09/25/18 For Sale $979,500 -- $230 / 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 $10,967 $961,833 $0 $0
2024 $10,454 $916,600 $355,300 $561,300
2023 $9,609 $883,067 $0 $0
2022 $9,609 $849,533 $0 $0
2021 $9,232 $816,000 $355,300 $460,700
2020 $8,994 $787,833 $0 $0
2019 $8,675 $759,667 $0 $0
2018 $8,355 $731,500 $355,300 $376,200
2017 $8,355 $731,500 $0 $0
2016 -- $731,500 $0 $0
2015 $8,884 $736,500 $0 $0
2014 $8,884 $736,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005644966

Bright MLS

APN: 06-015174