NOT LISTED FOR SALE

23270 Spinnaker Rd Chestertown, MD 21620

Estimated Value: $320,000 - $358,000

2 Beds
2 Baths
-- Sq Ft
0.6 Acres

Last Sold May 29, 2020

Last sale price $225,000

Est. 50% increase in value since last sale

Current estimated payment $1,963/month

Highlights

  • Access to Tidal Water
  • Rambler Architecture
  • 1 Car Attached Garage
  • Waterfront
  • No HOA
  • 1 Detached Carport Space

About This Home

As of May 2020

This like-new 2 bed, 2 bath rancher with garage and carport is tucked into a very private cul de sac in Chesapeake Landing, near Chestertown. The 1.1 acre property borders Worton Creek, which empties into the Chesapeake Bay in less than two miles, perfect for kayaking and canoe. There are two small marinas within the community. The house has been gutted to the studs and rebuilt to code. New septic system, new roof, gutters, siding, windows, doors, deck. New drywall, insulation, wiring, plumbing, fixtures, appliances, HVAC, flooring. Basically everything is new and the house is absolutely charming! Full basement walks out to huge back yard and wide tidal creek visited by lots of wildlife-- deer, heron, bald eagles, turkeys. Just 7 minutes to Chestertown. Priced well at $219,000.

Last Agent to Sell the Property

John Carroll

(410) 708-0247 john@villageagents.com Village Real Estate Company LLC Listed on: 04/13/2020

Last Buyer's Agent

Nicole Duncan

(443) 866-1601 nicoleduncanrealtor@gmail.com Real Broker LLC License #654154

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,150

Lot Details

  • 0.6 Acre Lot
  • Waterfront
  • Creek or Stream
  • Property is zoned CAR

Parking

  • 1 Car Attached Garage
  • 1 Detached Carport Space
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Rough-In Basement Bathroom

Outdoor Features

  • Access to Tidal Water
  • Water Access

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • On Site Septic

Community Details

  • No Home Owners Association
  • Chesapeake Landing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1506019803

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,150

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Remarks Public: This like-new 2 bed, 2 bath rancher with garage and carport is tucked into a very private cul de sac in Chesapeake Landing, near Chestertown. The 1.1 acre property borders Worton Creek, which empties into the Chesapeake Bay in less than two miles, perfect for kayaking and canoe. There are two small marinas within the community. The house has been gutted to the studs and rebuilt to code. New septic system, new roof, gutters, siding, windows, doors, deck. New drywall, insulation, wiring, plumbing, fixtures, appliances, HVAC, flooring. Basically everything is new and the house is absolutely charming! Full basement walks out to huge back yard and wide tidal creek visited by lots of wildlife-- deer, heron, bald eagles, turkeys. Just 7 minutes to Chestertown. Priced well at $219,000.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Connecting Stairway, Interior Access, Outside Entrance, Rough Bath Plumb
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23270

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: Yes
  • Water Body Name: Worton Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Carport Spaces: 1
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Detached Carport

Utilities

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

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 5200.00
  • Land Use Code: 110
  • Lot Size Acres: 0.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26139.00
  • Year Assessed: 2019
  • Zoning: CAR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4509730
  • Tax Annual Amount: 58.00
  • Assessor Parcel Number: 1506019803
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/29/2020

Multi Family

  • Mean Low Water Feet: 1

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2020
Closed on
May 29, 2020
Sold by
Drummond Judith Lynn
Bought by
Rose Jason L and Rose Jennifer
Seller's Agent
John Carroll
Village Real Estate Company LLC
Buyer's Agent
Nicole Duncan
Real Broker LLC
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%
Current Estimated Value
$337,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,836
Avg. Annual Appreciation
7.77%
Original Mortgage
$220,924
Outstanding Balance
$197,981
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$137,045

Purchase Details

Listed on
Jan 7, 2019
Closed on
Mar 20, 2019
Sold by
Butler Susan Boyer and Butler Sally Lynn
Bought by
Drummond Judith Lynn
Seller's Agent
Tracy Stone
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
John Carroll
Village Real Estate Company LLC
List Price
$54,300
Sold Price
$55,000
Premium/Discount to List
$700
1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
229.98%
Original Mortgage
$75,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2008
Sold by
Cain John L and Cain Lynne D.
Bought by
Butler Susan Boyer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2008
Sold by
Cain John L and Cain Lynne D.
Bought by
Butler Susan Boyer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 1981
Sold by
Sowden Elmer J and Sowden Nora E
Bought by
Cain John L and Cain Lynne D
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
Rose Jason L $225,000 Kirsh Title Services Inc
Drummond Judith Lynn $55,000 Kirsh Title Services Inc
Butler Susan Boyer $206,000 --
Butler Susan Boyer $206,000 --
Cain John L $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Jason L $220,924
Previous Owner Drummond Judith Lynn $75,000
Previous Owner Drummond Judith Lynn $50,000
Previous Owner Butler Susan Boyer $135,496
Previous Owner Butler Susan Boyer $164,800
Previous Owner Butler Susan Boyer $164,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $225,000 +2.3% --
04/13/2020 04/13/20 For Sale $219,900 +299.8% --
03/27/2019 03/27/19 Sold $55,000 +1.3% $44 / Sq Ft
01/11/2019 01/11/19 For Sale $54,300 -- $43 / 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 $2,150 $229,400 $0 $0
2024 $2,040 $218,100 $70,400 $147,700
2023 $1,936 $194,933 $0 $0
2022 $1,822 $171,767 $0 $0
2021 $3,468 $148,600 $70,400 $78,200
2020 $1,734 $147,633 $0 $0
2019 $6,893 $146,667 $0 $0
2018 $3,059 $129,600 $54,300 $75,300
2017 $1,505 $128,500 $0 $0
2016 -- $127,400 $0 $0
2015 $1,612 $126,300 $0 $0
2014 $1,612 $126,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDKE116440

Bright MLS

APN: 06-022561