448 Pear Tree Point Rd Chestertown, MD 21620
Estimated Value: $547,000 - $720,000
3
Beds
1.5
Baths
1,922
Sq Ft
$338/Sq Ft
Est. Value
Highlights
- 50 Feet of Waterfront
- 1 Dock Slip
- Stream or River on Lot
- Church Hill Elementary School Rated A-
- Pier
- Rambler Architecture
About This Home
As of August 2016Chester River waterfront in Chestertown at this price? Are you kidding me??? Home needs work, but the view and the location are to die for!!! Best of all, new nitrogen removal septic was installed in 2013. Renovate, Rebuild, you decide. Let your imagination run wild! Do not delay, act today!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,643
Year Built
- Built in 1965
Lot Details
- 0.43 Acre Lot
- 50 Feet of Waterfront
- Property is zoned NC-20
Home Design
- Rambler Architecture
- Aluminum Siding
Interior Spaces
- Property has 1 Level
- 1 Fireplace
- Combination Kitchen and Dining Room
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Parking
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Pier
- Water Oriented
- River Nearby
- 1 Dock Slip
- Physical Dock Slip Conveys
- Stream or River on Lot
Utilities
- Central Air
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Well
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Pear Tree Point Subdivision
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 1807007167
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2016
Closed on
Aug 4, 2016
Sold by
Bank Of America National Association
Bought by
Cummings Katherine A and Cummings Byran L
Seller's Agent
John Carroll
Village Real Estate Company LLC
Buyer's Agent
Richard Barker
Coldwell Banker Chesapeake Real Estate Company
List Price
$314,900
Sold Price
$299,000
Premium/Discount to List
-$15,900
-5.05%
Total Days on Market
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,796
Avg. Annual Appreciation
8.59%
Purchase Details
Closed on
May 9, 2006
Sold by
Arnold William V and Arnold Margaret Anne
Bought by
Reed Edward J and Reed Frances Barret
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,450
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 8, 2006
Sold by
Arnold William V and Arnold Margaret Anne
Bought by
Reed Edward J and Reed Frances Barret
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,450
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 30, 1992
Sold by
Mccusker Joseph T and Mccusker Myrna S
Bought by
Arnold William and Margaret Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
8.29%
Purchase Details
Closed on
Sep 26, 1983
Sold by
Moore Claude W and Moore Anna J
Bought by
Mccusker Joseph T and Mccusker Myrna S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
13.72%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Chestertown, MD
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cummings Katherine A | $299,000 | Nationallink | |
| Reed Edward J | $625,000 | -- | |
| Reed Edward J | $625,000 | -- | |
| Arnold William | $240,000 | -- | |
| Mccusker Joseph T | $89,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Reed Edward J | $568,000 | |
| Previous Owner | Reed Edward J | $43,700 | |
| Previous Owner | Reed Edward J | $62,450 | |
| Previous Owner | Reed Edward J | $500,000 | |
| Previous Owner | Reed Edward J | $500,000 | |
| Previous Owner | Arnold William | $192,000 | |
| Previous Owner | Mccusker Joseph T | $72,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2016 08/26/16 | Sold | $299,000 | 0.0% | $156 / Sq Ft |
| 07/25/2016 07/25/16 | Pending | -- | -- | -- |
| 07/19/2016 07/19/16 | Price Changed | $299,000 | -5.0% | $156 / Sq Ft |
| 05/25/2016 05/25/16 | For Sale | $314,900 | -- | $164 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,345 | $454,867 | $0 | $0 |
| 2023 | $3,993 | $417,533 | $0 | $0 |
| 2022 | $3,641 | $380,200 | $234,300 | $145,900 |
| 2021 | $3,706 | $380,200 | $234,300 | $145,900 |
| 2020 | $3,706 | $380,200 | $234,300 | $145,900 |
| 2019 | $4,104 | $421,600 | $291,100 | $130,500 |
| 2018 | $3,970 | $407,667 | $0 | $0 |
| 2017 | $3,836 | $393,733 | $0 | $0 |
| 2016 | -- | $379,800 | $0 | $0 |
| 2015 | $2,257 | $379,800 | $0 | $0 |
| 2014 | $2,257 | $379,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Carroll
Seller's Agent in 2016
John Carroll
Village Real Estate Company LLC
(410) 708-0247
115 Total Sales
-
Buyer's Agent in 2016
Richard Barker
Coldwell Banker Chesapeake Real Estate Company
Map
Source: Bright MLS
MLS Number: 1002431110
APN: 07-007167
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