NOT LISTED FOR SALE

2702 Sherman Dr Chester, MD 21619

Estimated Value: $598,000 - $1,028,000

5 Beds
4 Baths
2,752 Sq Ft
$318/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $835,000 $303 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,072/month

35 Days on Market

Highlights

  • 84 Feet of Waterfront
  • 2 Dock Slips
  • Fishing Allowed
  • Bayside Elementary School Rated A-
  • Access to Tidal Water
  • Gourmet Kitchen

About This Home

As of December 2023

Discover the extraordinary waterfront oasis of 2702 Sherman Dr. in Chester. This remarkable residence, featuring 5 bedrooms, 2 full bathrooms, and 2 half bathrooms, has undergone a stunning renovation, creating a haven of luxury and serenity on a peaceful street. Every detail of this home has been impeccably updated, from the oversized windows to the modernized bathrooms. However, the true centerpiece is the fully equipped gourmet kitchen, a masterpiece of design. A magnificent 10-foot Quartz center island takes center stage, surrounded by pristine cabinets, state-of-the-art appliances, and exquisite marble countertops. To top it off, the kitchen also boasts its own wet bar with a built-in beverage cooler. The open-concept layout seamlessly connects the kitchen to the living space, with a mesmerizing wall of oversized windows that offer breathtaking views of the expansive waterfront and private pier.

Convenience is a priority in this home, with a three-car pull-through garage and a pier equipped with boat lift as well as dual Jetski lift for easy access to the water. Outdoor enjoyment is a given, with two waterfront decks, a screened-in patio, and a private en-suite deck for moments of relaxation. Privacy and the feeling of island-style living are abundant here. Located in the heart of Kent Island, this property provides effortless access to luxury dining options, waterfront restaurants, lively dock bars, and island-style entertainment.

All while, being just 2 miles away from the Chesapeake Bay Bridge means seamless travel by land or sea. Welcome to your dream home, here on Kent Island where tranquility and luxury converge with Maryland's Eastern Shore and the Chesapeake Bay.

Last Agent to Sell the Property

Justin Kennedy

(443) 848-9542 justin.kennedy@lifetimeclientgroup.com Samson Properties License #5012131 Listed on: 10/18/2023

Samson Properties

Last Buyer's Agent

Barbara McCaffrey

(443) 926-6075 barbara.mccaffrey@redfin.com Redfin Corp

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1986 | Remodeled in 2021

Lot Details

  • 0.55 Acre Lot
  • 84 Feet of Waterfront
  • Home fronts navigable water
  • Privacy Fence
  • Vinyl Fence
  • Wood Fence
  • Landscaped
  • Back Yard
  • Property is in excellent condition
  • Property is zoned NC-15

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,752 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Combination Kitchen and Living
  • Water Views
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Built-In Microwave
  • ENERGY STAR Qualified Freezer
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Electric Dryer
  • ENERGY STAR Qualified Washer

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • River Nearby
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Additional Features

  • Energy-Efficient HVAC
  • Flood Risk

Listing and Financial Details

  • Tax Lot 69R
  • Assessor Parcel Number 1804046684

Community Details

Overview

  • 0 Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,400

Year Built

Built in 1986 | Remodeled in 2021

Lot Details

0

HOA Fees

$2 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-10-20
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Energy Efficient Appliances, Energy Star Clothes Washer, Energy Star Dishwasher, Energy Star Freezer, Energy Star Refrigerator, Microwave
  • Interior Amenities: Kitchen - Island, Ceiling Fan(s), Combination Kitchen/Living, Floor Plan - Open, Kitchen - Gourmet, Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wine Storage
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2752
  • Living Area Sq Ft: 2752
  • Price Per Sq Ft: 304.87
  • Above Grade Finished Sq Ft: 2752
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2702

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed Shop, Shed
  • Construction Materials: Vinyl Siding
  • Road Surface Type: Paved, Black Top
  • View: Water
  • Water Access: Yes
  • Water Body Name: COX CREEK
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 84

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Garage - Rear Entry, Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 28.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Fencing: Privacy, Vinyl, Wood
  • Land Use Code: R
  • Lot Features: Fishing Available, Landscaping, Rear Yard
  • Lot Size Acres: 0.55
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24080.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: NC-15
  • In City Limits: No

Green Features

  • Efficiency: Hvac

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4400.00
  • Assessor Parcel Number: 1804046684
  • Tax Lot: 69R
  • Tax Total Finished Sq Ft: 2752
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/29/2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Dec 19, 2023
Sold by
Willey Christopher and Willey Kelly
Bought by
Xu Mei Hong
Seller's Agent
Justin Kennedy
Samson Properties
Buyer's Agent
Barbara McCaffrey
Redfin Corp
List Price
$839,000
Sold Price
$835,000
Premium/Discount to List
-$4,000
-0.48%
Views
146
Current Estimated Value
$873,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,889
Avg. Annual Appreciation
2.52%
Original Mortgage
$668,000
Outstanding Balance
$656,458
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$217,431

Purchase Details

Listed on
Jul 13, 2018
Closed on
Sep 4, 2018
Sold by
Nationstar Mortgage Llc
Bought by
Willey Christopher and Willey Kelly
Seller's Agent
Mr. Craig W Wachter
Coldwell Banker Realty
Buyer's Agent
Linda Moore
Long & Foster Real Estate, Inc.
List Price
$439,900
Sold Price
$375,000
Premium/Discount to List
-$64,900
-14.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%
Original Mortgage
$362,750
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2018
Sold by
Haycraft William E and Haycraft Estelle H
Bought by
Nationstar Mortgage Llc and Champion Mortgage Company Of Texas

Purchase Details

Closed on
Aug 2, 2002
Sold by
Doyle William F
Bought by
Haycraft William E and Haycraft Estelle H

Purchase Details

Closed on
Jun 16, 1987
Sold by
Harry Lohman Homes, Inc
Bought by
Doyle William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
10.66%

Purchase Details

Closed on
Jul 31, 1986
Sold by
Pheasant Realty, Inc
Bought by
Harry Lohman Homes, Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
10.4%
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
Xu Mei Hong $835,000 Title Forward
Xu Mei Hong $835,000 Title Forward
Willey Christopher $375,000 Crown Title Corp
Nationstar Mortgage Llc $492,697 Security American Title Llc
Haycraft William E $369,900 --
Doyle William F $90,000 --
Harry Lohman Homes, Inc $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Mei Hong $668,000
Closed Xu Mei Hong $668,000
Previous Owner Willey Christopher $362,750
Previous Owner Doyle William F $81,000
Previous Owner Harry Lohman Homes, Inc $13,000
Closed Haycraft William E --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold $835,000 -0.5% $303 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $839,000 +123.7% $305 / Sq Ft
10/20/2018 10/20/18 Sold $375,000 -3.8% $118 / Sq Ft View Prior Sale
08/31/2018 08/31/18 Pending -- -- --
08/21/2018 08/21/18 Price Changed $389,900 -6.9% $123 / Sq Ft
07/21/2018 07/21/18 Price Changed $419,000 -4.8% $132 / Sq Ft
07/13/2018 07/13/18 For Sale $439,900 -- $139 / 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 $5,849 $697,400 $0 $0
2024 $5,539 $588,000 $0 $0
2023 $4,508 $478,600 $345,500 $133,100
2022 $4,400 $467,100 $0 $0
2021 $4,370 $455,600 $0 $0
2020 $4,259 $444,100 $320,700 $123,400
2019 $4,259 $444,100 $320,700 $123,400
2018 $4,673 $487,267 $0 $0
2017 $4,467 $465,800 $0 $0
2016 -- $465,800 $0 $0
2015 $2,349 $465,800 $0 $0
2014 $2,349 $485,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA2007672

Bright MLS

APN: 04-046684