NOT LISTED FOR SALE

27315 Morgnec Rd Chestertown, MD 21620

Estimated Value: $300,000 - $392,000

5 Beds
1.5 Baths
2,512 Sq Ft
$139/Sq Ft Est. Value

Last Sold April 04, 2012

Last sale price $120,000 $48 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $2,043/month

Highlights

  • Horses Allowed On Property
  • Dual Staircase
  • Private Lot
  • Scenic Views
  • Wood Burning Stove
  • Traditional Floor Plan

About This Home

As of April 2012

Restoration Project on 5 acres within 3 miles of Chestertown! Old House has lots of character with newer metal roof, old wood floors,2 stairways,and high cielings. Several old barns and sheds on property.Located 1/2 mile down road from Buckingham Wharf Landing.Enter buildings at your own risk! As-is clause required. inspections for informational purposes only.Great lot with gorgeous views!

Last Agent to Sell the Property

William Norris

(410) 708-0956 bnorrisselect@gmail.com Select Land & Homes, LLC License #34599 Listed on: 01/06/2012

Last Buyer's Agent

William Norris

(410) 708-0956 bnorrisselect@gmail.com Select Land & Homes, LLC License #34599 Listed on: 01/06/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,100

Year Built

  • 1900

Lot Details

  • 5 Acre Lot
  • Private Lot
  • Cleared Lot
  • The property's topography is level, rolling
  • Property is zoned AZD

Parking

  • Off-Street Parking

Property Views

  • Scenic Vista
  • Woods
  • Pasture

Home Design

  • Farmhouse Style Home
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Dual Staircase
  • Built-In Features
  • Wood Burning Stove
  • Flue
  • Fireplace Mantel
  • Dining Area
  • Wood Flooring
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Shed
  • Storage Shed
  • Porch

Farming

  • Cattle or Dairy Barn
  • 3 Acres of Pasture

Additional Features

  • Horses Allowed On Property
  • Septic Tank

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 1502017938

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,100

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas
  • Interior Amenities: Attic, Kitchen - Table Space, Dining Area, Built-Ins, Double/Dual Staircase, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Flue For Stove, Mantel(s)
  • Entry Location: Foyer
  • Foundation Details: Crawl Space
  • Levels Count: 3+
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Shed, Barn, Cattle/Dairy Barn, Storage Barn/Shed
  • Construction Materials: Wood Siding
  • Roof: Metal
  • View: Pasture, Scenic Vista, Trees/Woods
  • Pool: No Pool

Garage/Parking

  • Type Of Parking: Off Street

Utilities

  • Heating Fuel: Wood
  • Sewer/Septic System: Septic Exists

Lot Info

  • Farm Operation: General
  • Horse Amenities: Horses Allowed
  • Improvement Assessed Value: 76800.00
  • Land Assessed Value: 108400.00
  • Lot Features: Cleared, Unrestricted, Private
  • Lot Size Acres: 5.00
  • Lot Size Area: 217800
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 217800.00
  • Outdoor Living Structures: Porch(es)
  • Pasture Acres: 3.00
  • Possible Use: Livestock
  • Property Condition: As-Is Condition, Needs Work
  • Remarks Farm: Property has been used as organic vegetable production! Great location for horses, animals, and awesome country living!
  • Topography: Level, Rolling
  • Year Assessed: 2011
  • Zoning: AZD

Tax Info

  • Assessor Parcel Number: 4501799
  • Tax Annual Amount: 2100.17
  • Assessor Parcel Number: 1502017938
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 2548

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2012
Closed on
Apr 4, 2012
Sold by
Towner Joseph Bonn
Bought by
Gerber Frank M and Gerber Carla
Seller's Agent
William Norris
Select Land & Homes, LLC
Buyer's Agent
William Norris
Select Land & Homes, LLC
List Price
$145,000
Sold Price
$120,000
Premium/Discount to List
-$25,000
-17.24%
Current Estimated Value
$349,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,835
Avg. Annual Appreciation
8.42%
Source: Public Records

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
Gerber Frank M $120,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2012 04/04/12 Sold $120,000 -17.2% $48 / Sq Ft
02/25/2012 02/25/12 Pending -- -- --
02/19/2012 02/19/12 For Sale $145,000 0.0% $58 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
01/31/2012 01/31/12 Price Changed $145,000 0.0% $58 / Sq Ft
01/31/2012 01/31/12 For Sale $145,000 +20.8% $58 / Sq Ft
01/20/2012 01/20/12 Off Market $120,000 -- --
01/06/2012 01/06/12 For Sale $139,000 -- $55 / 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 $2,265 $197,100 $0 $0
2024 $2,159 $186,600 $0 $0
2023 $2,057 $176,100 $98,400 $77,700
2022 $2,021 $174,500 $0 $0
2021 $2,003 $172,900 $0 $0
2020 $2,003 $171,300 $98,400 $72,900
2019 $1,994 $170,567 $0 $0
2018 $1,986 $169,833 $0 $0
2017 $1,978 $169,100 $0 $0
2016 -- $169,100 $0 $0
2015 $1,265 $169,100 $0 $0
2014 $1,265 $169,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003808890

Bright MLS

APN: 02-017938