NOT LISTED FOR SALE

2502 Mcginnes Rd Chestertown, MD 21620

Estimated Value: $414,986 - $458,000

3 Beds
2 Baths
1,800 Sq Ft
$242/Sq Ft Est. Value

Last Sold April 05, 2016

Last sale price $240,000 $133 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,543/month

Highlights

  • Horses Allowed On Property
  • Premium Lot
  • Rambler Architecture
  • Open Floorplan
  • Partially Wooded Lot
  • Wood Flooring

About This Home

As of April 2016

REDUCED 5.6 acres!! (approx 1-acre wooded) Open land has new fenced in pasture w/ Run-In-Shed. Tractor Shed, Hay Shed & much more. 3BR , 2BA Rancher w/ open floor plan, hardwood flrs, fireplace, new appliances, 2 enclosed porches, 2-car garage w/workshop. New septic system & approved for house expansion, if desired. Easy access to Rt. 301, for commuters all points North and South.

Last Agent to Sell the Property

Mary Fielding

(410) 708-4852 mfielding@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company Listed on: 03/12/2015

Coldwell Banker Chesapeake Real Estate Company

Co-Listed By

Edey Cross

(410) 778-0330 ecross@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company

Last Buyer's Agent

Tracy Stone

(443) 480-0610 tstone@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company

Coldwell Banker Chesapeake Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,622

Year Built

  • Built in 1979 | Remodeled in 2011

Lot Details

  • 5.6 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Premium Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned NC-5

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Central Vacuum
  • Ceiling Fan
  • 1 Fireplace
  • Heatilator
  • Double Pane Windows
  • Insulated Windows
  • Wood Frame Window
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Wood Flooring
  • Attic Fan
  • Dryer

Kitchen

  • Country Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Run-In Shed

Utilities

  • Cooling System Utilizes Bottled Gas
  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Baseboard Heating
  • Well
  • Bottled Gas Water Heater
  • Water Conditioner is Owned
  • Septic Tank

Additional Features

  • Halls are 48 inches wide or more
  • Storage Shed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1807013698

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,622

Year Built

Built in 1979 | Remodeled in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 48"+ Halls
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1979
  • Year Renovated: 2011
  • Remarks Public: REDUCED 5.6 acres!! (approx 1-acre wooded) Open land has new fenced in pasture w/ Run-In-Shed. Tractor Shed, Hay Shed & much more. 3BR , 2BA Rancher w/ open floor plan, hardwood flrs, fireplace, new appliances, 2 enclosed porches, 2-car garage w/workshop. New septic system & approved for house expansion, if desired. Easy access to Rt. 301, for commuters all points North and South.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Central Vacuum, Water Conditioner - Owned, Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator
  • Interior Amenities: Kitchen - Country, Dining Area, Wood Floors, Floor Plan - Open
  • Window Features: Double Pane, Insulated, Screens, Storm, Wood Frame
  • Fireplace Features: Heatilator
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass, Storm
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Foyer
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Screened Porch
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 152.78
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2502

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Storage Barn/Shed, Run-In Shed
  • Other Structures List: Storage Barn/Shed, Run-in Shed
  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Garage
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Bottled Gas, Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Attic Fan
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane, Electric
  • Heating Type: Heat Pump(s), Baseboard
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137777627

Lot Info

  • Fencing: Partially
  • Horse Amenities: Horses Allowed
  • Improvement Assessed Value: 147600.00
  • Land Assessed Value: 125800.00
  • Lot Features: Backs To Trees, Cleared, Landscaping, Premium, Partly Wooded, Trees/Wooded
  • Lot Size Acres: 5.60
  • Lot Size Area: 243936
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 243936.00
  • Outdoor Living Structures: Enclosed, Porch(es)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: NC-5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4534486
  • Tax Annual Amount: 2622.18
  • Assessor Parcel Number: 1807013698
  • Tax Page Number: 00446
  • Tax Total Finished Sq Ft: 1722
  • Tax Year: 2012
  • Close Date: 04/05/2016

MLS Schools

  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2015
Closed on
Apr 5, 2016
Sold by
Councell R Allen R and Councell Geraldine D
Bought by
Ferster Nathan J and Ferster Meghan S
Seller's Agent
Mary Fielding
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
Tracy Stone
Coldwell Banker Chesapeake Real Estate Company
List Price
$320,000
Sold Price
$240,000
Premium/Discount to List
-$80,000
-25%
Current Estimated Value
$436,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,497
Avg. Annual Appreciation
6.48%
Original Mortgage
$246,786
Outstanding Balance
$196,056
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$240,441

Purchase Details

Closed on
Jan 19, 2010
Sold by
Homily Mary L C
Bought by
Councell Allen R and Councell Geraldine D
Source: Public Records

Range of Values:

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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
Ferster Nathan J $240,000 Attorney
Councell Allen R $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferster Nathan J $246,786
Closed Councell Allen R --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2016 04/05/16 Sold $240,000 -12.7% $133 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
09/16/2015 09/16/15 Price Changed $275,000 -8.0% $153 / Sq Ft
06/18/2015 06/18/15 Price Changed $299,000 -6.6% $166 / Sq Ft
03/12/2015 03/12/15 For Sale $320,000 -- $178 / 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 $2,742 $297,800 $94,000 $203,800
2024 $2,742 $284,667 $0 $0
2023 $2,618 $271,533 $0 $0
2022 $2,494 $258,400 $95,800 $162,600
2021 $2,385 $250,400 $0 $0
2020 $2,385 $242,400 $0 $0
2019 $2,308 $234,400 $95,800 $138,600
2018 $2,308 $234,400 $95,800 $138,600
2017 $2,308 $234,400 $0 $0
2016 -- $259,400 $0 $0
2015 $2,652 $259,400 $0 $0
2014 $2,652 $259,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001031281

Bright MLS

APN: 07-013698