NOT LISTED FOR SALE

5601 Broad Neck Rd Chestertown, MD 21620

Estimated Value: $165,000 - $263,000

2 Beds
1 Bath
1,222 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 19, 2016

Last sale price $63,000 $52 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $1,330/month

25 Days on Market

Highlights

  • Boat or Launch Ramp
  • Water Access
  • Stream or River on Lot
  • Home fronts navigable water
  • Private Lot
  • Backs to Trees or Woods

About This Home

As of December 2016

Less than a mile to launch your boat & go fishing. AS-IS Country cottage use to be a 1 Room School House built in 1900 with added bedrooms, kitchen &screened-in porch. Renovations started. Seller is having Holding Tanks installed for an additional $8,000. It has a new roof, gutters & chimney liner in 2016. Private, peaceful location with lots of wildlife & birds. Must be a cash sale.

Last Agent to Sell the Property

Mary Fielding

(410) 708-4852 mfielding@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company Listed on: 09/16/2016

Coldwell Banker Chesapeake Real Estate Company

Last Buyer's Agent

ANNA BARKINS

(410) 778-0330 abarkins@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company License #MRIS:3109024

Coldwell Banker Chesapeake Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,275

Year Built

  • Built in 1900

Lot Details

  • 0.31 Acre Lot
  • Home fronts navigable water
  • Private Lot
  • Backs to Trees or Woods
  • Property is zoned AZD

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • 2 Fireplaces
  • Dining Area

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • River Nearby
  • Boat or Launch Ramp
  • Stream or River on Lot
  • Screened Patio
  • Shed

Schools

  • Kent County High School

Utilities

  • Cooling System Utilizes Bottled Gas
  • Central Air
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Well
  • Bottled Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Chestertown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1507003412

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,275

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Kitchen - Country, Dining Area
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet

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: Shed
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: Yes
  • Water Body Name: EAST FORK LANGFORD CREEK
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • High School: KENT COUNTY

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 61600.00
  • Land Assessed Value: 50800.00
  • Lot Features: Backs To Trees, Private
  • Lot Size Acres: 0.31
  • Lot Size Area: 13503
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13503.00
  • Outdoor Living Structures: Screened
  • Property Attached Yn: No
  • Zoning: AZD

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4510519
  • Tax Annual Amount: 1274.62
  • Assessor Parcel Number: 1507003412
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Boat/Launch Ramp

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Dec 19, 2016
Sold by
Reinhart Randy
Bought by
Brown Cecelia and Benton Evan C
Seller's Agent
Mary Fielding
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
ANNA BARKINS
Coldwell Banker Chesapeake Real Estate Company
List Price
$65,000
Sold Price
$63,000
Premium/Discount to List
-$2,000
-3.08%
Current Estimated Value
$228,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,850
Avg. Annual Appreciation
15.47%
Original Mortgage
$86,645
Outstanding Balance
$71,737
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$157,113

Purchase Details

Listed on
Sep 5, 2015
Closed on
Oct 23, 2015
Sold by
Veitenheimer Thomas E and Veitenheimer Anna S
Bought by
Reinhart Randy
Seller's Agent
Retha Arrabal
Doug Ashley Realtors, LLC
Buyer's Agent
Mary Fielding
Coldwell Banker Chesapeake Real Estate Company
List Price
$140,000
Sold Price
$100,000
Premium/Discount to List
-$40,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.85%

Purchase Details

Closed on
Aug 13, 1986
Sold by
Morton Maurice S and Gosman Robin S
Bought by
Veitenheimer Thomas E and Veitenheimer Anna S

Purchase Details

Closed on
Aug 19, 1982
Sold by
Doescher Frederick W
Bought by
Morton Maurice S and Gosman Robin S

Purchase Details

Closed on
Jun 30, 1978
Sold by
Hemsher Joseph F and Hemsher Alice L
Bought by
Doescher Frederick W
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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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
Brown Cecelia $63,000 Newlyn Title Assurance Co In
Reinhart Randy $100,000 Newlyn Title Assurance Co In
Veitenheimer Thomas E $38,500 --
Morton Maurice S $30,000 --
Doescher Frederick W $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Cecelia $86,645
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2016 12/19/16 Sold $63,000 -3.1% $52 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $65,000 -35.0% $53 / Sq Ft
10/23/2015 10/23/15 Sold $100,000 -28.6% $82 / Sq Ft View Prior Sale
09/24/2015 09/24/15 Pending -- -- --
09/05/2015 09/05/15 For Sale $140,000 -- $115 / 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 $1,506 $127,500 $50,800 $76,700
2024 $1,448 $122,400 $0 $0
2023 $1,390 $117,300 $0 $0
2022 $1,321 $112,200 $50,800 $61,400
2021 $1,325 $111,867 $0 $0
2020 $1,325 $111,533 $0 $0
2019 $1,321 $111,200 $50,800 $60,400
2018 $1,321 $111,200 $50,800 $60,400
2017 $1,321 $111,200 $0 $0
2016 -- $112,400 $0 $0
2015 $30 $112,400 $0 $0
2014 $30 $112,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000480377

Bright MLS

APN: 07-003412