NOT LISTED FOR SALE

420 High St Chestertown, MD 21620

-- Bed
-- Bath
3,444 Sq Ft
4,095 Sq Ft Lot

Last Sold December 07, 2021

Last sale price $435,000 $126 Per Sq Ft

7 Days on Market

Highlights

  • Traditional Floor Plan
  • Wood Frame Window
  • Patio
  • Garden View
  • Porch
  • 2-minute walk to Fountain Park

About This Home

As of December 2021

Incredible Investment Opportunity! Strong income-producing property, in the heart of Chestertown's Historic District with a fantastic rental history, this well-maintained Duplex was renovated to include high-velocity HVAC, updated baths and kitchens, and a new roof. Each unit features three large bedrooms, two full baths upstairs, and a half bath downstairs, as well as a fenced rear yard with patio. Both units are currently rented with year long leases.

48-Hour Notice for Showings. The units of the Duplex are mirror images of each other, except for the third floor bedrooms because of the roof line.

Last Agent to Sell the Property

Sarah King

(410) 708-2528 sarah@csrealtors.com Cross Street Realtors LLC License #645887 Listed on: 10/31/2021

Last Buyer's Agent

Peter Braun

(703) 960-3100 poolebraunteam@gmail.com Long & Foster Real Estate, Inc. License #0225061956

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,135

Year Built

  • Built in 1920

Lot Details

  • 4,095 Sq Ft Lot
  • Downtown Location
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Plaster Walls
  • Asphalt Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,444 Sq Ft Home
  • Traditional Floor Plan
  • Ceiling height of 9 feet or more
  • Wood Frame Window
  • Garden Views
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Patio
  • Porch

Schools

  • Kent County High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for water, sewer
  • Assessor Parcel Number 1504012305

Community Details

Overview

  • 2 Units
  • Chestertown Subdivision

Building Details

  • Insurance Expense $2,848
  • Maintenance Expense $4,680
  • Operating Expense $15,157

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,135

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Expected On Market: 2021-11-01
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Floor Plan - Traditional, Carpet
  • Window Features: Wood Frame
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls, 9'+ Ceilings, Dry Wall
  • Foundation Details: Crawl Space
  • Basement: No
  • Total Sq Ft: 3444
  • Living Area Sq Ft: 3444
  • Price Per Sq Ft: 129.50
  • Above Grade Finished Sq Ft: 3444
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Exterior Features: Sidewalks
  • Roof: Asphalt, Metal
  • Spa: No
  • View: Street, Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

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 Previous Twelve Months: 1052.00
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, Broadband

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent
  • High School: KENT COUNTY

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4095.00
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Property Condition: Very Good
  • Zoning: R-5
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Water, Sewer
  • Total Actual Rent: 45000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6135.00
  • Assessor Parcel Number: 1504012305
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Operating Expense: 15157.00
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2021 12/07/21 Sold $435,000 -2.5% $126 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
10/31/2021 10/31/21 For Sale $446,000 -- $130 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sarah King

    Seller's Agent in 2021

    Sarah King

    Cross Street Realtors LLC

    (410) 708-2528

    13 in this area

    31 Total Sales

    Sarah King
    Section Image
  • Peter Braun

    Buyer's Agent in 2021

    Peter Braun

    Long & Foster

    (703) 960-3100

    1 in this area

    247 Total Sales

    Peter Braun
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDKE2000620

Bright MLS
Maryland Kent County Chestertown 21620

420 High St, Chestertown, MD

Not Listed for Sale

MultiFamily

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