NOT LISTED FOR SALE

498 Pear Tree Point Rd Chestertown, MD 21620

Estimated Value: $1,006,000 - $1,151,000

5 Beds
3 Baths
3,000 Sq Ft
$363/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $632,500 $211 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,561/month

111 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 2 Dock Slips
  • Private Beach
  • Church Hill Elementary School Rated A-
  • Pier
  • Fishing Allowed

About This Home

As of August 2016

Eastern Shore waterfront residence boasts sweeping views of the Chester River. The post and beam home offers a warm ambiance in harmony with stunning views of the river, flora and wildlife. Features include a first floor master suite and a living room with a two story stone fireplace. A terrace, dock and boat lift invite water recreation and outdoor living. Downtown Chestertown is 5 minutes away.

Last Listed By

Richard Budden

Coldwell Banker Chesapeake Real Estate Company Listed on: 03/21/2016

Coldwell Banker Chesapeake Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,793

Year Built

  • Built in 1990

Lot Details

  • 1.09 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach
  • Landscaped
  • Planted Vegetation
  • Partially Wooded Lot
  • Tidal Wetland on Lot
  • Property is in very good condition
  • The community has rules related to exclusive easements
  • Property is zoned NC-20

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • River
  • Pasture
  • Garden

Home Design

  • Post and Beam
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Double Pane Windows
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Wood Flooring
  • Basement
  • Connecting Stairway

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Shed
  • Storage Shed

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Zoned Heating and Cooling System
  • Baseboard Heating
  • Well
  • Bottled Gas Water Heater
  • Water Conditioner is Owned
  • Water Conditioner
  • Septic Tank

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 1807016204

Community Details

Overview

  • No Home Owners Association
  • Pear Tree Point Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,793

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Post & Beam
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1990
  • Remarks Public: Eastern Shore waterfront residence boasts sweeping views of the Chester River. The post and beam home offers a warm ambiance in harmony with stunning views of the river, flora and wildlife. Features include a first floor master suite and a living room with a two story stone fireplace. A terrace, dock and boat lift invite water recreation and outdoor living. Downtown Chestertown is 5 minutes away.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer, Water Conditioner - Owned, Water Heater
  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Wood Floors, Floor Plan - Open
  • Window Features: Double Pane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Beamed Ceilings, Cathedral Ceilings, Dry Wall
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Study
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Living Area Units: Square Feet
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 210.83
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 498

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed, Storage Barn/Shed
  • Construction Materials: Wood Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Exterior Features: Private Beach
  • Roof: Asphalt
  • View: Water, Garden/Lawn, River, Pasture
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Name: CHESTER RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway, Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Bottled Gas/Propane, Electric, Wood
  • Heating Type: Baseboard, Wood Burn Stove, Zoned, Forced Air
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Conditioner, 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

Lot Info

  • Improvement Assessed Value: 301800.00
  • Land Assessed Value: 302200.00
  • Lot Features: Landscaping, Partly Wooded, Tidal Wetland, Vegetation Planting
  • Lot Size Acres: 1.09
  • Lot Size Area: 47480
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 47480.00
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: NC-20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4534694
  • Tax Annual Amount: 5792.96
  • Assessor Parcel Number: 1807016204
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 2784
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 08/26/2016

Multi Family

  • Dock Slip Conveyance: Deeded
  • Mean Low Water Feet: 3
  • Waterfront Features: Private Dock Site, Exclusive Easement

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2016
Closed on
Aug 26, 2016
Sold by
Souders Ronald L and Souders Faith E
Bought by
Chekouras Chritopher Andrew and Chekouras Jennifer Ney
Seller's Agent
Richard Budden
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
Peter Heller
Coldwell Banker Chesapeake Real Estate Company
List Price
$632,500
Sold Price
$632,500
Total Days on Market
111
Current Estimated Value
$1,088,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,483
Avg. Annual Appreciation
6.20%
Original Mortgage
$506,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2002
Sold by
Hrubes Hrubes E
Bought by
Souders Ronald L and Souders Faith E

Purchase Details

Closed on
Jul 2, 1996
Sold by
Schwalm Cynthia L
Bought by
Hrubes Hrubes E

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
Chekouras Chritopher Andrew $632,500 Real Estate Title & Escrow
Souders Ronald L $555,000 --
Hrubes Hrubes E $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chekouras Christopher Andrew $370,000
Closed Chekouras Christopher A $50,000
Previous Owner Chekouras Chritopher Andrew $506,000
Closed Souders Ronald L --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2016 08/26/16 Sold $632,500 0.0% $211 / Sq Ft
07/10/2016 07/10/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $632,500 -- $211 / 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
2024 $6,292 $723,267 $0 $0
2023 $5,901 $658,233 $0 $0
2022 $5,648 $593,200 $245,200 $348,000
2021 $5,749 $593,200 $245,200 $348,000
2020 $5,749 $593,200 $245,200 $348,000
2019 $5,885 $607,300 $294,200 $313,100
2018 $5,874 $606,200 $0 $0
2017 $5,864 $605,100 $0 $0
2016 -- $604,000 $0 $0
2015 $7,311 $604,000 $0 $0
2014 $7,311 $604,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002390826

Bright MLS

APN: 07-016204