NOT LISTED FOR SALE

5240 Johnsontown Rd Chestertown, MD 21620

Estimated Value: $748,000 - $922,980

4 Beds
5 Baths
2,656 Sq Ft
$319/Sq Ft Est. Value

Last Sold April 16, 2020

Last sale price $1,550,000 $584 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $5,085/month

Highlights

  • 350 Feet of Waterfront
  • Guest House
  • Access to Tidal Water
  • 1 Dock Slip
  • Horse Facilities
  • Private Beach

About This Home

As of April 2020

Picture this you drive past the crops, down the tree lined lane, past the barns and there is the river. You have arrived at your own piece of paradise Grassymeade Farm. Situated on 51.55 picturesque acres with expansive views of the Chester River this charming waterfront compound offers something for everyone. Whether you re looking for hunting, fishing, boating, equine activities and/or a private waterfront getaway you will find it in this special setting. There is a main farm style house with 4BR s as well as 3 cottages perched on the banks of the Chester River. You will also find a private dock, a sandy beach, a hot tub and an in ground pool with pool house. Then there are the barns! The main barn has 8 stalls, a tack room, hay loft and a large workshop area. There are two more barns one with living space above. Plus 8 acres of fenced pasture with 2 run in sheds. Don t miss this opportunity to own a unique property in the sought after Quaker Neck area.

Last Agent to Sell the Property

Peter Heller

(410) 708-3301 pheller@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company Listed on: 09/20/2019

Coldwell Banker Chesapeake Real Estate Company

Co-Listed By

Mary Carlisle

(410) 703-3820 mcarlisle@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company License #597467

Last Buyer's Agent

Peter Heller

(410) 708-3301 pheller@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company Listed on: 09/20/2019

Coldwell Banker Chesapeake Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,457

Year Built

  • Built in 1900

Lot Details

  • 51.55 Acre Lot
  • 350 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach
  • Split Rail Fence
  • Board Fence
  • Landscaped
  • No Through Street
  • Secluded Lot
  • Partially Wooded Lot
  • Back and Side Yard
  • Additional Parcels
  • Property is in very good condition
  • Property is zoned RCD

Property Views

  • River
  • Panoramic
  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,656 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Fireplace Mantel
  • Brick Fireplace
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Screened Porch
  • Attic

Kitchen

  • Eat-In Country Kitchen
  • Gas Oven or Range
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Connecting Stairway
  • Interior and Exterior Basement Entry

Parking

  • Driveway
  • Off-Street Parking

Pool

  • Cabana
  • In Ground Pool
  • Vinyl Pool
  • Outdoor Shower

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Sail
  • Rip-Rap
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Powered Boats Permitted
  • Screened Patio
  • Exterior Lighting
  • Shed
  • Outbuilding
  • Tenant House

Farming

  • Hay Barn
  • Machine Shed

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks
  • Run-In Shed
  • Stables
  • Riding Ring

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Oil Water Heater
  • On Site Septic

Additional Features

  • Chairlift
  • Guest House

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 07-012403

Community Details

Overview

  • No Home Owners Association
  • Quaker Neck Subdivision

Recreation

  • Fishing Allowed
  • Horse Facilities
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,457

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Chairlift
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1900
  • Remarks Public: Picture this you drive past the crops, down the tree lined lane, past the barns and there is the river. You have arrived at your own piece of paradise Grassymeade Farm. Situated on 51.55 picturesque acres with expansive views of the Chester River this charming waterfront compound offers something for everyone. Whether you re looking for hunting, fishing, boating, equine activities and/or a private waterfront getaway you will find it in this special setting. There is a main farm style house with 4BR s as well as 3 cottages perched on the banks of the Chester River. You will also find a private dock, a sandy beach, a hot tub and an in ground pool with pool house. Then there are the barns! The main barn has 8 stalls, a tack room, hay loft and a large workshop area. There are two more barns one with living space above. Plus 8 acres of fenced pasture with 2 run in sheds. Don t miss this opportunity to own a unique property in the sought after Quaker Neck area.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer, Water Heater, Microwave
  • Flooring Type: Hardwood, Carpet, Tile/Brick
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Crown Moldings, Kitchen - Country, Kitchen - Eat-In, Primary Bath(s), Upgraded Countertops, Wood Floors, Floor Plan - Traditional, Formal/Separate Dining Room, Attic, Kitchen - Table Space
  • Fireplace Features: Mantel(s), Wood, Brick, Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Study, Screened Porch
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Unfinished, Interior Access
  • Laundry Type: Main Floor
  • Total Sq Ft: 2656
  • Living Area Sq Ft: 2656
  • Price Per Sq Ft: 621.23
  • Above Grade Finished Sq Ft: 2656
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5240

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn, Cabana/Pool House, Guest House, Hay Barn, Horse Stable, Machine Shed, Riding Ring, Run-in Shed, Shed, Shed Shop, Tenant House
  • Construction Materials: Wood Siding, Frame
  • Exterior Features: Exterior Lighting, Outbuilding(s), Outside Shower, Private Beach
  • Pool Features: In Ground, Vinyl
  • Roof: Shingle
  • Spa: No
  • View: Garden/Lawn, Panoramic, River, Trees/Woods, Water
  • Water Access Features: Canoe/Kayak, Boat - Powered, Fishing Allowed, Private Access, Personal Watercraft (PWC), Sail
  • Water Access: Yes
  • Water Body Name: Comegys Bight
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 350

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Horses: Yes
  • Additional Parcels: Yes
  • Fencing: Board, Split Rail
  • Horse Amenities: Paddock, Riding Ring, Horse Trails, Horses Allowed, Stable(s)
  • Improvement Assessed Value: 169900.00
  • Land Assessed Value: 406200.00
  • Land Use Code: 110
  • Lot Features: Landscaping, No Thru Street, Partly Wooded, Rear Yard, Rip-Rapped, Secluded, Sideyard(s)
  • Lot Size Acres: 51.55
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2245518.00
  • Outdoor Living Structures: Porch(es), Screened
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: RCD
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4511186
  • Tax Annual Amount: 6457.00
  • Assessor Parcel Number: 07-012403
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 2656
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 04/16/2020

Multi Family

  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Apr 16, 2020
Sold by
Klaus Dennis C and Esatte Of Michael R Lawrence
Bought by
Squadrito James F and Squadrito Therese M
Seller's Agent
Peter Heller
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
Peter Heller
Coldwell Banker Chesapeake Real Estate Company
List Price
$1,650,000
Sold Price
$1,550,000
Premium/Discount to List
-$100,000
-6.06%
Current Estimated Value
$846,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$703,505
Avg. Annual Appreciation
-10.38%
Original Mortgage
$400,000
Outstanding Balance
$352,999
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$493,496

Purchase Details

Closed on
Feb 11, 2000
Sold by
Blohm Barbara H and Blohm Richard W
Bought by
Lawrence Michael R
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
Squadrito James F $1,275,000 None Available
Lawrence Michael R $277,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Squadrito James F $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2020 04/16/20 Sold $1,550,000 -6.1% $584 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
09/20/2019 09/20/19 For Sale $1,650,000 -- $621 / 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 $7,335 $641,500 $406,200 $235,300
2024 $7,087 $619,700 $0 $0
2023 $6,840 $597,900 $0 $0
2022 $6,535 $576,100 $406,200 $169,900
2021 $13,141 $573,867 $0 $0
2020 $6,542 $571,633 $0 $0
2019 $3,289 $569,400 $406,200 $163,200
2018 $6,517 $569,400 $406,200 $163,200
2017 $6,528 $569,400 $0 $0
2016 -- $570,400 $0 $0
2015 $6,925 $570,400 $0 $0
2014 $6,925 $570,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDKE115694

Bright MLS

APN: 07-012403