NOT LISTED FOR SALE

534 Cannon St Chestertown, MD 21620

Estimated Value: $166,000 - $314,000

2 Beds
1 Bath
948 Sq Ft
$239/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $78,065 $82 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $1,428/month

Highlights

  • No HOA
  • Shed
  • Heating System Powered By Owned Propane
  • Bungalow

About This Home

As of January 2021

Adorable one level bungalow in Downtown Chestertown that backs to the rails to trails allowing easy access to running, biking and overall walkable to all that Downtown has to offer. This home is rare in that it has a driveway in the front and has a back alley making the rear yard accessible for additional parking. Current conditions seem structurally sound for renovations and necessary corrections allowing you to make your mark and make this home exactly what you want it to be. Save costs on building a new home and fix this one!

Last Agent to Sell the Property

Kristina Hyland

(410) 725-9225 kristina@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company Listed on: 10/19/2020

Coldwell Banker Chesapeake Real Estate Company

Last Buyer's Agent

Kristin Lewis

(443) 350-6737 kristinshomes@hotmail.com Integrity Real Estate

Integrity Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 5,325 Sq Ft Lot
  • Property is zoned R-5

Home Design

  • Bungalow
  • Fixer Upper
  • Stick Built Home

Interior Spaces

  • 948 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Driveway Space
  • On-Street Parking

Outdoor Features

  • Shed

Utilities

  • Heating System Powered By Owned Propane
  • Wall Furnace
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Downtown Chestertown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1504017552

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Adorable one level bungalow in Downtown Chestertown that backs to the rails to trails allowing easy access to running, biking and overall walkable to all that Downtown has to offer. This home is rare in that it has a driveway in the front and has a back alley making the rear yard accessible for additional parking. Current conditions seem structurally sound for renovations and necessary corrections allowing you to make your mark and make this home exactly what you want it to be. Save costs on building a new home and fix this one!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 948
  • Living Area Sq Ft: 948
  • Price Per Sq Ft: 87.03
  • Above Grade Finished Sq Ft: 948
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 534

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Stick Built
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Propane - Owned
  • Heating Type: Wall Unit
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 36700.00
  • Land Assessed Value: 123300.00
  • Land Use Code: 110
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5325.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2020
  • Zoning: R-5
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4505441
  • Tax Annual Amount: 2514.00
  • Assessor Parcel Number: 1504017552
  • Tax Total Finished Sq Ft: 948
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 01/29/2021

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Mar 26, 2021
Sold by
Palko Andrew J and Palko Vanessa L
Bought by
Zam Properties Llc
Seller's Agent
Kristina Hyland
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
Kristin Lewis
Integrity Real Estate
List Price
$89,900
Sold Price
$78,065
Premium/Discount to List
-$11,835
-13.16%
Current Estimated Value
$226,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,048
Avg. Annual Appreciation
25.39%
Original Mortgage
$58,548
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2020
Closed on
Jan 29, 2021
Sold by
Johnson Sharon
Bought by
Palko Andrew J and Palko Vanessa L
Seller's Agent
Kristina Hyland
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
Kristin Lewis
Integrity Real Estate
List Price
$89,900
Sold Price
$78,065
Premium/Discount to List
-$11,835
-13.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,548
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2020
Sold by
Johnson Sharon and Estate Of Rebecca Ann Johnson
Bought by
Johnson Sharon

Purchase Details

Closed on
Jun 28, 2001
Sold by
Ferguson Stephen and Ferguson Mercedes S
Bought by
Johnson William Harrison and Rebecca Ann Johnson

Purchase Details

Closed on
Dec 30, 1997
Sold by
Ferguson Stephen
Bought by
Ferguson Stephen and Ferguson Mercedes S

Purchase Details

Closed on
Jul 22, 1988
Sold by
Walls Emma Ruth
Bought by
Ferguson Stephen
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
Zam Properties Llc -- Kirsh Title Services Inc
Palko Andrew J $78,065 Kirsh Title Services Inc
Johnson Sharon -- None Available
Johnson William Harrison $52,500 --
Ferguson Stephen -- --
Ferguson Stephen $50,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palko Andrew J $58,548
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $78,065 -5.4% $82 / Sq Ft
12/19/2020 12/19/20 Price Changed $82,500 -8.2% $87 / Sq Ft
10/19/2020 10/19/20 For Sale $89,900 -- $95 / 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 $2,696 $172,000 $123,300 $48,700
2024 $2,640 $168,467 $0 $0
2023 $2,513 $164,933 $0 $0
2022 $2,513 $161,400 $123,300 $38,100
2021 $2,506 $160,933 $0 $0
2020 $1,827 $160,467 $0 $0
2019 $1,744 $160,000 $123,300 $36,700
2018 $1,659 $160,000 $123,300 $36,700
2017 $1,470 $160,000 $0 $0
2016 -- $160,000 $0 $0
2015 $1,123 $159,600 $0 $0
2014 $1,123 $159,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDKE117302

Bright MLS

APN: 04-017552