NOT LISTED FOR SALE

391 Chesapeake Rd Charlestown, MD 21914

Estimated Value: $292,000 - $499,000

-- Bed
1 Bath
1,520 Sq Ft
$265/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $75,000 $49 Per Sq Ft

Est. 438% increase in value since last sale

Current estimated payment $2,507/month

84 Days on Market

Highlights

  • No HOA
  • Cottage
  • Space Heater

About This Home

As of July 2021

GREAT INVESTMENT IN CHARLESTOWN NEAR THE WATER! THE PROPERTY CONTAINS TWO STRUCTURES ; ONE NEEDS TO BE REHABBED AND CONTAINS A PAYING TENANT, THE OTHER STRUCTURE NEEDS A FULL REHAB OR POSSIBLY DEMO. THE PROPERTIES HAVE TWO SEPARATE ELECTRIC METERS AND TWO SEPARATE CONNECTIONS FOR PUBLIC WATER AND SEWER!

Last Agent to Sell the Property

Joe Avampato

(410) 652-2848 josephavampato@gmail.com Alberti Realty, LLC License #RS-0037117 Listed on: 03/29/2021

Last Buyer's Agent

Christine Tobelmann

(610) 316-4456 ctobes24@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $975

Year Built

  • Built in 1935

Lot Details

  • 3,836 Sq Ft Lot

Home Design

  • 1,520 Sq Ft Home
  • Cottage

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Schools

  • Charlestown Elementary School
  • Perryville Middle School
  • Perryville High School

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 0805006244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$975

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2021-03-29
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1520
  • Living Area Sq Ft: 1520
  • Price Per Sq Ft: 51.97
  • Above Grade Finished Sq Ft: 1520
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Space Heater
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CHARLESTOWN
  • High School: PERRYVILLE
  • Middle Or Junior School: PERRYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 26800.00
  • Land Assessed Value: 40800.00
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3836.00
  • Zoning: RR
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Total Actual Rent: 6000.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4460825
  • Tax Annual Amount: 975.00
  • Assessor Parcel Number: 0805006244
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
Jul 16, 2021
Sold by
Reeves David T and Reeves Christine Va
Bought by
Milkowski Karl and Milkowski Maria L
Seller's Agent
Joe Avampato
Alberti Realty, LLC
Buyer's Agent
Christine Tobelmann
Long & Foster Real Estate, Inc.
List Price
$89,000
Sold Price
$75,000
Premium/Discount to List
-$14,000
-15.73%
Current Estimated Value
$403,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,437
Avg. Annual Appreciation
46.71%

Purchase Details

Closed on
Nov 8, 2005
Sold by
Reeves Carla and Reeves Phillip
Bought by
Reeves David T Christine Va

Purchase Details

Closed on
Nov 4, 2005
Sold by
Reeves Carla and Reeves Phillip
Bought by
Reeves David T Christine Va

Purchase Details

Closed on
Aug 14, 2001
Sold by
Mccall James Ernest and Mccall Barbara Ann
Bought by
Reeves Carla and Reeves Phillip

Purchase Details

Closed on
Mar 24, 1998
Sold by
Collins Janet M and Collins Cindy Marie
Bought by
Mccall James Ernest and Mccall Barbara Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Milkowski Karl $75,000 Sage Title Group Llc
Reeves David T Christine Va $130,000 --
Reeves David T Christine Va $130,000 --
Reeves Carla $65,000 --
Mccall James Ernest $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mccall James Ernest --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $75,000 -5.1% $49 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
04/19/2021 04/19/21 Price Changed $79,000 -11.2% $52 / Sq Ft
03/29/2021 03/29/21 For Sale $89,000 -- $59 / 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 $4,618 $323,900 $0 $0
2024 $4,267 $299,300 $0 $0
2023 $3,926 $274,700 $40,800 $233,900
2022 $971 $66,933 $0 $0
2021 $972 $66,267 $0 $0
2020 $971 $65,600 $40,800 $24,800
2019 $975 $65,600 $40,800 $24,800
2018 $975 $65,600 $40,800 $24,800
2017 $943 $65,600 $0 $0
2016 $942 $65,600 $0 $0
2015 $942 $65,600 $0 $0
2014 $664 $65,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Avampato

    Seller's Agent in 2021

    Joe Avampato

    Alberti Realty, LLC

    (410) 652-2848

    18 in this area

    163 Total Sales

    Joe Avampato
    Section Image
  • Christine Tobelmann

    Buyer's Agent in 2021

    Christine Tobelmann

    Long & Foster

    (610) 316-4456

    1 in this area

    123 Total Sales

    Christine Tobelmann
    Section Image
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Map

Source: Bright MLS

MLS Number: MDCC173924

Bright MLS

APN: 05-006244

Maryland Cecil County Charlestown 21903

391 Chesapeake Rd, Charlestown, MD

Not Listed for Sale

MultiFamily

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