NOT LISTED FOR SALE

502 Cannon St Chestertown, MD 21620

Estimated Value: $426,184 - $481,000

2 Beds
2.5 Baths
1,464 Sq Ft
$309/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $402,000 $275 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,895/month

7 Days on Market

Highlights

  • Gourmet Kitchen
  • Deck
  • Cathedral Ceiling
  • Open Floorplan
  • Traditional Architecture
  • Wood Flooring

About This Home

As of July 2023

Completely renovated in 2006-2007 and loving cared for by the current owner! There is really nothing you need to do but move in. Wood floors can be found throughout this amazing home with a open floor plan on the main level. The living room flows into the kitchen and dining area with an exit to the rear deck and fenced backyard. Kitchen has granite counters, stainless appliances and recessed lighting. There is also a powder room on the main level. The 2nd level offers 2 bedrooms with their own baths. One bedroom offers a cathedral ceiling. The third level could be an office, den or you could convert to a third bedroom. You have ample storage space in the walk-in attic and a partial basement for some of the mechanicals. Located in Chestertown's Historic District and just a few blocks from Chestertown's revitalized waterfront!

Last Agent to Sell the Property

Doug Ashley

Doug Ashley Realtors, LLC License #29249 Listed on: 05/25/2023

Last Buyer's Agent

Murphy ONeill

Coldwell Banker Chesapeake Real Estate Company License #5010912

Coldwell Banker Chesapeake Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,271

Year Built

  • Built in 1922

Lot Details

  • 2,525 Sq Ft Lot
  • Property is Fully Fenced
  • Historic Home
  • Property is in excellent condition
  • Property is zoned R-5

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Wood Flooring
  • Attic

Kitchen

  • Gourmet Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Chestertown Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1504010388

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,271

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1922
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Wood Floors
  • Window Features: Double Pane, Screens, Storm
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm
  • Wall Ceiling Types: Dry Wall, Cathedral Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Office
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1806
  • Living Area Sq Ft: 1464
  • Price Per Sq Ft: 272.54
  • Above Grade Finished Sq Ft: 1464
  • Below Grade Sq Ft: 342
  • Total Below Grade Sq Ft: 342
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Exterior Features: Sidewalks
  • Roof: Architectural Shingle
  • 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: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: KENT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139164602
  • School District Source: Listing Agent

Lot Info

  • Fencing: Fully
  • Land Use Code: R
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2525.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R-5
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4271.00
  • Assessor Parcel Number: 1504010388
  • Tax Total Finished Sq Ft: 1464
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/14/2023

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jul 14, 2023
Sold by
Diquinzio Patrice
Bought by
Renella John R and Cronin Denise A
Seller's Agent
Doug Ashley
Doug Ashley Realtors, LLC
Buyer's Agent
Murphy ONeill
Coldwell Banker Chesapeake Real Estate Company
List Price
$399,000
Sold Price
$402,000
Premium/Discount to List
$3,000
0.75%
Views
62
Current Estimated Value
$453,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,046
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Dec 28, 2007
Sold by
Serkin Stuart D
Bought by
Schratwieser John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2007
Sold by
Serkin Stuart D
Bought by
Schratwieser John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2004
Sold by
Kitty'S Corner Llc
Bought by
Serkin Stuart D

Purchase Details

Closed on
Jul 21, 2004
Sold by
Turner Ronald and Turner Portia R
Bought by
Kitty'S Corner Llc
Source: Public Records

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
Renella John R $402,000 Newlyn Title
Schratwieser John $335,000 --
Schratwieser John $335,000 --
Serkin Stuart D $120,000 --
Kitty'S Corner Llc $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diquinzio Patrice $265,000
Previous Owner Schratwieser John $268,000
Previous Owner Schratwieser John $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $402,000 +0.8% $275 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $399,000 -- $273 / 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 $4,963 $316,700 $120,500 $196,200
2024 $4,742 $302,567 $0 $0
2023 $0 $288,433 $0 $0
2022 $4,271 $274,300 $120,500 $153,800
2021 $4,194 $270,967 $0 $0
2020 $4,194 $267,633 $0 $0
2019 $4,134 $264,300 $120,500 $143,800
2018 $4,107 $264,300 $120,500 $143,800
2017 $3,975 $264,300 $0 $0
2016 -- $264,300 $0 $0
2015 $4,405 $264,300 $0 $0
2014 $4,405 $264,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDKE2002746

Bright MLS

APN: 04-010388