NOT LISTED FOR SALE

23705 Old Chaptico Wharf Ln Chaptico, MD 20621

Estimated Value: $264,000 - $1,013,493

1 Bed
1 Bath
1,145 Sq Ft
$516/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $615,000 $537 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,064/month

18 Days on Market

Highlights

  • 1,700 Feet of Waterfront
  • 3 Dock Slips
  • Fishing Allowed
  • Dynard Elementary School Rated A-
  • Sandy Beach
  • Second Garage

About This Home

As of December 2020

WOULD YOU LIKE TO OWN A PRIVATE PENNISULA WITH VIEWS TO VIRGINIA? OVER 1700 FEET OF WATERFRONT ON OVER 4 PRIVATE ACRES OF CLEARED LAND IS JUST WAITING FOR YOU ON THE WICOMICO RIVER. This type of property does not come along very often. The cozy one bedroom home is accompanied by two oversized garages filled with water toys and tool that can be included. There is also a well house with fish cleaning station and another out building with wood stove. The property also features two boat lifts and three covered piers that are grandfathered in, a rare find!! TOO MANY AMENITIES TO COUNT, YOU MUST SEE FOR YOURSELF!

Last Listed By

Dhyana Smith

O'Brien Realty ERA Powered License #658410 Listed on: 01/23/2020

O'Brien Realty ERA Powered

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,269

Year Built

  • Built in 1961

Lot Details

  • 4.04 Acre Lot
  • 1,700 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • The community has rules related to exclusive easements
  • Property is zoned RPD

Parking

  • 4 Car Detached Garage
  • Second Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Driveway

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • 1,145 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Sail
  • Rip-Rap
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • Powered Boats Permitted

Schools

  • Dynard Elementary School
  • Margaret Brent Middle School
  • Chopticon High School

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 1904017048

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,269

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Architectural Style: Cabin/Lodge
  • Accessibility Features: No Stairs
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1961
  • Automatically Close On Close Date: No
  • Remarks Public: WOULD YOU LIKE TO OWN A PRIVATE PENNISULA WITH VIEWS TO VIRGINIA? OVER 1700 FEET OF WATERFRONT ON OVER 4 PRIVATE ACRES OF CLEARED LAND IS JUST WAITING FOR YOU ON THE WICOMICO RIVER. This type of property does not come along very often. The cozy one bedroom home is accompanied by two oversized garages filled with water toys and tool that can be included. There is also a well house with fish cleaning station and another out building with wood stove. The property also features two boat lifts and three covered piers that are grandfathered in, a rare find!! TOO MANY AMENITIES TO COUNT, YOU MUST SEE FOR YOURSELF!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1145
  • Living Area Sq Ft: 1145
  • Price Per Sq Ft: 567.69
  • Above Grade Finished Sq Ft: 1145
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23705

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), 2nd Garage
  • Construction Materials: Log Siding, Mixed
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Public Beach, Sail, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Wicomico River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 1700

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Additional Storage Area, Oversized
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: ST. MARY'S COUNTY PUBLIC SCHOOLS
  • Elementary School: DYNARD
  • Middle School: MARGARET BRENT
  • High School: CHOPTICON
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138839208
  • School District Source: 3rd Party
  • Elementary School: DYNARD
  • High School: CHOPTICON
  • Middle Or Junior School: MARGARET BRENT

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 132600.00
  • Land Assessed Value: 605600.00
  • Land Use Code: 010
  • Lot Size Acres: 4.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 175982.00
  • Year Assessed: 2020
  • Zoning: RPD
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14992532
  • Tax Annual Amount: 7269.00
  • Assessor Parcel Number: 1904017048
  • Tax Total Finished Sq Ft: 1145
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 12/04/2020

Multi Family

  • Waterfront Features: Exclusive Easement, Private Dock Site, Rip-Rap, Sandy Beach

MLS Schools

  • School District Name: ST. MARY'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Dec 4, 2020
Sold by
Welch Joseph M and Welch James A
Bought by
Graham Tony Lee and Graham Angelica Lavette
Seller's Agent
Dhyana Smith
O'Brien Realty ERA Powered
Buyer's Agent
Dhyana Smith
O'Brien Realty ERA Powered
List Price
$650,000
Sold Price
$615,000
Premium/Discount to List
-$35,000
-5.38%
Total Days on Market
18
Current Estimated Value
$590,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,377
Avg. Annual Appreciation
0.60%
Original Mortgage
$637,140
Outstanding Balance
$581,439
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$50,198

Purchase Details

Closed on
Dec 14, 2017
Sold by
Welch John S
Bought by
Welch Joseph M and Welch James A

Purchase Details

Closed on
Feb 27, 1998
Sold by
Welch James V
Bought by
Welch Milady N Trustee

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
Graham Tony Lee $615,000 Lawyers T&E Svcs Llc
Welch Joseph M -- None Available
Welch Milady N Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Tony Lee $250,000
Closed Graham Tony Lee $92,000
Open Graham Tony Lee $637,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $615,000 -5.4% $537 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $650,000 -- $568 / 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
2024 $9,468 $869,800 $525,600 $344,200
2023 $9,346 $858,667 $0 $0
2022 $9,225 $744,700 $0 $0
2021 $7,275 $665,400 $525,600 $139,800
2020 $7,273 $665,400 $525,600 $139,800
2019 $7,145 $665,400 $525,600 $139,800
2018 $7,908 $738,200 $605,600 $132,600
2017 $7,889 $738,200 $0 $0
2016 $8,667 $738,200 $0 $0
2015 $8,667 $740,300 $0 $0
2014 $8,667 $740,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSM166100

Bright MLS

APN: 04-017048