NOT LISTED FOR SALE

481 Pear Tree Point Rd Chestertown, MD 21620

Estimated Value: $371,000 - $413,000

3 Beds
2.5 Baths
1,512 Sq Ft
$254/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $374,900 $248 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,069/month

223 Days on Market

Highlights

  • New Construction
  • River View
  • Cape Cod Architecture
  • Church Hill Elementary School Rated A-
  • Open Floorplan
  • Backs to Trees or Woods

About This Home

As of December 2024

Major Price Reduction - Brand New Home ready ready for ALL your Holiday Celebrations! Lawn has been freshly seeded and new shrubs planted for the fall. Three generous bedrooms and 2.5 baths! Enjoy beautiful water views of the Chester River... just across the street! Open floor plan, stainless steel appliances, main-level master suite with a walk-in closet and ensuite. Upstairs, you'll find two more generously sized bedrooms and a full bathroom. High speed internet is available. The home is located at the end of a quiet, private street and within the much desired Queen Anne's County School District.


Queen Anne's County Impact Fees have been paid by the Seller.

Last Listed By

Clint Evans

Cross Street Realtors LLC Listed on: 03/26/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $451

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.39 Acre Lot
  • Cul-De-Sac
  • Rural Setting
  • Backs to Trees or Woods
  • Back Yard
  • Property is in excellent condition
  • Property is zoned NC-20

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Combination Kitchen and Living
  • Dining Area
  • River Views
  • Fire Sprinkler System

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 1807018193

Home Details

Home Type

Single Family

Est. Annual Taxes

$451

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Major Price Reduction - Brand New Home ready ready for ALL your Holiday Celebrations! Lawn has been freshly seeded and new shrubs planted for the fall. Three generous bedrooms and 2.5 baths! Enjoy beautiful water views of the Chester River... just across the street! Open floor plan, stainless steel appliances, main-level master suite with a walk-in closet and ensuite. Upstairs, you'll find two more generously sized bedrooms and a full bathroom. High speed internet is available. The home is located at the end of a quiet, private street and within the much desired Queen Anne's County School District. Queen Anne's County Impact Fees have been paid by the Seller.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
  • Flooring Type: Luxury Vinyl Plank, Carpet
  • Interior Amenities: Carpet, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Sprinkler System, Upgraded Countertops, Ceiling Fan(s), Walk-In Closet(s)
  • Window Features: Double Pane
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor, Hookup
  • Total Sq Ft: 1512
  • Living Area Sq Ft: 1512
  • Price Per Sq Ft: 247.95
  • Above Grade Finished Sq Ft: 1512
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 481

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: Yes
  • Roof: Asphalt, Shingle
  • Spa: No
  • View: River
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

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: Private Septic Tank, Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: R
  • Lot Features: Backs To Trees, Cul-De-Sac, Rear Yard, Rural
  • Lot Size Acres: 0.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17013.00
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: NC-20
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 451.00
  • Assessor Parcel Number: 1807018193
  • Tax Lot: 22
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 12/06/2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Dec 4, 2024
Sold by
Cd Reed & Sons Associates
Bought by
Engleman Jonathon Maxwell and Jenkins Nicole Michele
Seller's Agent
Clint Evans
Cross Street Realtors LLC
Buyer's Agent
Gloria Pruitt
Keller Williams Select Realtors of Annapolis
List Price
$419,900
Sold Price
$374,900
Premium/Discount to List
-$45,000
-10.72%
Total Days on Market
223
Views
204
Current Estimated Value
$366,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,431
Avg. Annual Appreciation
5.68%
Original Mortgage
$368,109
Outstanding Balance
$366,777
Interest Rate
6.54%
Mortgage Type
FHA
Estimated Equity
$16,707

Purchase Details

Closed on
Apr 7, 2020
Sold by
C D Reed & Sons Associates
Bought by
Keefe Timothy Bernard and Keefe Elizabeth Armstrong

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
Engleman Jonathon Maxwell $374,900 Fidelity National Title
Keefe Timothy Bernard $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engleman Jonathon Maxwell $368,109
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $374,900 0.0% $248 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/19/2024 10/19/24 Price Changed $374,900 +7.1% $248 / Sq Ft
09/30/2024 09/30/24 Price Changed $349,900 -12.5% $231 / Sq Ft
05/24/2024 05/24/24 Price Changed $399,900 -4.8% $264 / Sq Ft
03/26/2024 03/26/24 For Sale $419,900 +483.2% $278 / Sq Ft
09/15/2023 09/15/23 Sold $72,000 -10.0% --
06/17/2023 06/17/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $80,000 -- --
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
2024 $451 $47,867 $0 $0
2023 $420 $44,533 $0 $0
2022 $388 $41,200 $41,200 $0
2021 $0 $41,200 $41,200 $0
2020 $395 $41,200 $41,200 $0
2019 $406 $42,300 $42,300 $0
2018 $406 $42,300 $42,300 $0
2017 $406 $42,300 $0 $0
2016 -- $42,300 $0 $0
2015 $517 $42,300 $0 $0
2014 $517 $42,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDQA2009262

Bright MLS

APN: 07-018193