NOT LISTED FOR SALE

55 Bunk Dr Chesapeake City, MD 21915

Estimated Value: $1,236,000 - $1,949,792

3 Beds
3 Baths
3,041 Sq Ft
$509/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $1,700,000 $559 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $8,599/month

32 Days on Market

Highlights

  • Indoor Arena
  • 51 Acre Lot
  • Deck
  • Scenic Views
  • Open Floorplan
  • Private Lot

About This Home

As of December 2021

93 Acres with Abundant Wildlife - 1 Large Freshwater Pond 50 X 155 Block Building, 18 Stall Stable, Hay Barn, 2,900 SF Turn-key Residence. 51 Acres of Highly Productive Nassawango/Mattapex Soils.

Last Agent to Sell the Property

Joe Hickman

(410) 778-3779 francisjhickman@gmail.com Cross Street Realtors LLC Listed on: 10/07/2021

Last Buyer's Agent

A. John Price

(410) 885-1606 amber@psre.net Patterson-Schwartz Real Estate License #RSR002189

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,287

Year Built

  • Built in 1955

Lot Details

  • 51 Acre Lot
  • Hunting Land
  • Rural Setting
  • Wood Fence
  • Board Fence
  • Extensive Hardscape
  • Private Lot
  • Secluded Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Additional Land
  • Property is zoned SAR

Property Views

  • Scenic Vista
  • Pasture

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,041 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Corner Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Window Screens
  • Entrance Foyer
  • Great Room
  • Combination Kitchen and Dining Room
  • Game Room
  • Storm Doors
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • Driveway
  • Parking Lot
  • Off-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Pond
  • Deck
  • Exterior Lighting
  • Shed
  • Storage Shed
  • Outbuilding
  • Rain Gutters
  • Porch

Farming

  • Center Aisle Barn
  • Hay Barn
  • Farm Land Preservation
  • Horse Farm

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Indoor Arena
  • Stables

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Well
  • Electric Water Heater
  • On Site Septic
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0802007924

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,287

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Refrigerator, Oven/Range - Electric, Stainless Steel Appliances, Washer/Dryer Hookups Only
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Ceiling Fan(s), Chair Railings, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Recessed Lighting, Wood Floors
  • Window Features: Screens
  • Fireplace Features: Insert, Gas/Propane, Corner
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Foyer, Great Room, Laundry, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Poured Concrete, Partial, Outside Entrance
  • Laundry Type: Main Floor
  • Total Sq Ft: 3041
  • Living Area Sq Ft: 3041
  • Price Per Sq Ft: 623.15
  • Above Grade Finished Sq Ft: 3041
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn/Farm Building, Barn/Stable, Barn, Center Aisle, Horse Stable, Indoor Arena, Storage Barn/Shed, Hay Barn
  • Construction Materials: Vinyl Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Outbuilding(s), Gutter System, Satellite Dish
  • Roof: Asphalt
  • View: Pasture, Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Heat Pump(s), Central
  • Heating: Yes
  • Hot Water: Electric
  • 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 Source: Listing Agent

Lot Info

  • Horses: Yes
  • Additional Parcels: No
  • Crops Included: No
  • Farm Features: Shed(s), Hunting
  • Farm Land Area Units: Acres
  • Farm Operation: Horse
  • Fencing: Board, Wood
  • Lot Features: Rural, Additional Lot(s), Backs To Trees, Partly Wooded, Pond, Private, Secluded, Sloping
  • Lot Size Acres: 51.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2221560.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Soil Types: Loam
  • Zoning: SAR
  • Farmland Preservation: Yes
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5287.00
  • Assessor Parcel Number: 0802007924
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Dec 22, 2021
Sold by
Morgan Kevin P and Morgan Kristy J
Bought by
Jvw Farm Enterprises Llc
Seller's Agent
Joe Hickman
Cross Street Realtors LLC
Buyer's Agent
A. John Price
Patterson-Schwartz Real Estate
List Price
$1,800,000
Sold Price
$1,700,000
Premium/Discount to List
-$100,000
-5.56%
Current Estimated Value
$1,549,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$150,736
Avg. Annual Appreciation
-2.24%
Original Mortgage
$1,275,000
Outstanding Balance
$1,172,665
Interest Rate
3.11%
Mortgage Type
Commercial
Estimated Equity
$376,599

Purchase Details

Closed on
Oct 4, 2013
Sold by
Bohemia Stable Llc
Bought by
Morgan Kevin P and Morgan Kristy J

Purchase Details

Closed on
Jul 10, 2013
Sold by
Bohemia Stable Llc
Bought by
Johnson Brian

Purchase Details

Closed on
Jun 26, 2009
Sold by
Bohemia Stable
Bought by
Bohemia Stable Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Jvw Farm Enterprises Llc $1,700,000 Ardent Title Co Llc
Morgan Kevin P $575,000 None Available
Johnson Brian $1,750,000 Kirsh Title Services Inc
Bohemia Stable Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jvw Farm Enterprises Llc $1,275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $1,700,000 -10.3% $559 / Sq Ft
10/18/2021 10/18/21 Price Changed $1,895,000 +5.3% $623 / Sq Ft
10/07/2021 10/07/21 For Sale $1,800,000 -- $592 / Sq Ft
Source: Bright MLS

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 $6,452 $615,067 $0 $0
2024 $6,088 $582,200 $177,800 $404,400
2023 $5,749 $546,233 $0 $0
2022 $5,456 $510,267 $0 $0
2021 $5,347 $474,300 $177,800 $296,500
2020 $4,804 $458,400 $0 $0
2019 $5,104 $442,500 $0 $0
2018 $4,991 $458,700 $196,100 $262,600
2017 $4,779 $458,700 $0 $0
2016 $3,468 $458,700 $0 $0
2015 $3,468 $340,100 $0 $0
2014 $3,590 $340,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Hickman

    Seller's Agent in 2021

    Joe Hickman

    Cross Street Realtors LLC

    (410) 708-0536

    35 Total Sales

    Joe Hickman
    Section Image
  • A. John Price

    Buyer's Agent in 2021

    A. John Price

    Patterson-Schwartz Real Estate

    (302) 378-1979

    44 Total Sales

    A. John Price
    Section Image
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Map

Source: Bright MLS

MLS Number: MDCC2000059

Bright MLS

APN: 02-007924

Maryland Cecil County Chesapeake City 21915

55 Bunk Dr, Chesapeake City, MD

Not Listed for Sale

Detached

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