NOT LISTED FOR SALE

7979 Sandy Bottom Rd Chestertown, MD 21620

Estimated Value: $422,000 - $602,000

3 Beds
2.5 Baths
3,696 Sq Ft
$132/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $242,500 $66 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,824/month

19 Days on Market

Highlights

  • Barn
  • Wooded Lot
  • Wood Flooring
  • Colonial Architecture
  • Traditional Floor Plan
  • No HOA

About This Home

As of December 2020

The old "Hilltop Hotel"! This was once a hotel that was visited by many who vacationed at Tolchester Beach Amusement Park. Some renovations and updates have been completed however there are many more that will require attention. HVAC has been updated to take care of the 1st and 2nd floors, some wiring has been updated and bathrooms have been updated. A new well and septic were installed 2002+/-. The wrap around porch was also renovated. The many windows have also been replaced. There are wood floors throughout most of the house. The work has been started but it it ready for a new owner to take over and add some finishing touches. There are even some of the original gas light fixtures on the third floor! The property is zoned Crossroads Commercial so if you would like to start a B&B at a basement bottom price then here is your chance.

Last Agent to Sell the Property

Helen McAdory

(443) 820-5621 helen.mcadory@gmail.com Maryland Heritage Properties License #627438 Listed on: 09/18/2020

Last Buyer's Agent

Retha Arrabal

(410) 708-2172 rarrabal@hotmail.com Doug Ashley Realtors, LLC License #107285

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 1910

Lot Details

  • 4.74 Acre Lot
  • Wooded Lot
  • Property is in average condition
  • Property is zoned CC

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Plaster Walls
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,696 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Storm Doors

Kitchen

  • Country Kitchen
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Septic Tank

Additional Features

  • Wrap Around Porch
  • Barn
  • Run-In Shed

Community Details

  • No Home Owners Association
  • Chestertown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1506022022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,888

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1910
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Refrigerator, Stove, Washer, Water Conditioner - Owned, Water Heater
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Floor Plan - Traditional, Kitchen - Country, Recessed Lighting, Walk-In Closet(s), Wood Floors
  • Window Features: Double Pane
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Crawl Space
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Unfinished, Partial
  • Total Sq Ft: 3696
  • Living Area Sq Ft: 3696
  • Price Per Sq Ft: 81.14
  • Above Grade Finished Sq Ft: 3696
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn, Run-in Shed
  • Construction Materials: Wood Siding
  • 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: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 86400.00
  • Land Assessed Value: 77800.00
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 4.74
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 206474.00
  • Outdoor Living Structures: Porch(es), Wrap Around
  • Property Condition: Major Rehab Needed, Average
  • Zoning: CC
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4509850
  • Tax Annual Amount: 1888.00
  • Assessor Parcel Number: 1506022022
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Dec 7, 2020
Sold by
Schumann Brook
Bought by
Oakes John and Bushby Lauren
Seller's Agent
Helen McAdory
Maryland Heritage Properties
Buyer's Agent
Retha Arrabal
Doug Ashley Realtors, LLC
List Price
$299,900
Sold Price
$242,500
Premium/Discount to List
-$57,400
-19.14%
Current Estimated Value
$488,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,420
Avg. Annual Appreciation
15.05%
Original Mortgage
$382,525
Outstanding Balance
$341,169
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$147,751

Purchase Details

Closed on
Jun 6, 2002
Sold by
Green Karen P
Bought by
Schumann Brook

Purchase Details

Closed on
Jun 7, 2001
Sold by
Green Charles O and Green Karen P
Bought by
Green Karen P

Purchase Details

Closed on
Jun 30, 1996
Sold by
Simmons James B M and Simmons Florence
Bought by
Green Charles O and Green Karen P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oakes John $242,500 Liberty Title & Escrow Co
Schumann Brook $150,000 --
Green Karen P -- --
Green Charles O $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oakes John $382,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold $242,500 -19.1% $66 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $299,900 -- $81 / 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 $3,025 $261,433 $0 $0
2024 $2,734 $235,800 $77,800 $158,000
2023 $2,477 $213,100 $0 $0
2022 $2,200 $190,400 $0 $0
2021 $4,010 $167,700 $77,800 $89,900
2020 $1,948 $166,533 $0 $0
2019 $1,935 $165,367 $0 $0
2018 $1,922 $164,200 $77,800 $86,400
2017 $1,922 $164,200 $0 $0
2016 -- $164,200 $0 $0
2015 $2,016 $164,200 $0 $0
2014 $2,016 $164,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDKE117070

Bright MLS

APN: 06-022022