NOT LISTED FOR SALE

7999 Quaker Neck Rd Chestertown, MD 21620

Estimated Value: $989,000 - $1,719,904

4 Beds
4 Baths
4,402 Sq Ft
$330/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $890,000 $202 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $8,625/month

440 Days on Market

Highlights

  • 188 Feet of Waterfront
  • Sandy Beach
  • In Ground Pool
  • Private Dock Site
  • Second Kitchen
  • Water Oriented

About This Home

As of December 2019

One of Chestertown's most prestigious addresses. Located on the river halfway between town and "The Club". 1.48 acres of privacy. Professionally maintained and landscaped. The house has had one addition and two remodels. Large open floor plan,pool, guest/in-law suite,golf, gazebo, boating all make for endless entertaining possibilities.

Last Agent to Sell the Property

Douglas Megargee

(410) 708-3152 bdmegargee@gmail.com Coldwell Banker Chesapeake Real Estate Company Listed on: 08/06/2018

Coldwell Banker Chesapeake Real Estate Company

Last Buyer's Agent

Terri Murray

(443) 540-6209 tmurray@remax.net RE/MAX Executive License #524410

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,750

Year Built

  • Built in 1949

Lot Details

  • 1.48 Acre Lot
  • 188 Feet of Waterfront
  • Sandy Beach
  • Split Rail Fence
  • Back Yard Fenced
  • Decorative Fence
  • Board Fence
  • Panel Fence
  • Property is in very good condition
  • Property is zoned CAR

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Slab Foundation
  • Shingle Roof
  • Brick Front

Interior Spaces

  • 4,402 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Double Pane Windows
  • Window Treatments
  • Atrium Windows
  • Casement Windows
  • French Doors
  • Sliding Doors
  • Combination Kitchen and Living
  • Sun or Florida Room
  • Utility Room
  • Washer and Dryer Hookup
  • Wood Flooring
  • Attic

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • In-Law or Guest Suite

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • In Ground Pool
  • Water Oriented
  • River Nearby
  • Private Dock Site
  • Stream or River on Lot
  • Balcony
  • Enclosed Patio or Porch
  • Gazebo
  • Shed

Schools

  • H. H. Garnett Elementary School
  • Kent County Middle School
  • Kent County High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Air Filtration System
  • Heat Pump System
  • 120/240V
  • Well
  • Electric Water Heater

Additional Features

  • Chairlift
  • Flood Risk

Community Details

  • No Home Owners Association
  • Quaker Neck Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1507005164

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,750

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Chairlift
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Interior Amenities: 2nd Kitchen, Butlers Pantry, Breakfast Area, Kitchen - Island, Combination Kitchen/Living, Built-Ins, Chair Railings, Upgraded Countertops, Crown Moldings, Window Treatments, Primary Bath(s), Wood Floors, Recessed Lighting, Floor Plan - Traditional, Floor Plan - Open, Air Filter System
  • Window Features: Atrium, Casement, Double Pane, Skylights
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French, Sliding Glass, Storm
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall, Masonry
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar, Slab
  • Levels Count: 2
  • Room List: Sun/Florida Room, In-Law/AuPair/Suite, Utility Room, Attic
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 4402
  • Living Area Sq Ft: 4402
  • Price Per Sq Ft: 232.85
  • Above Grade Finished Sq Ft: 4402
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Gazebo, Shed
  • Construction Materials: Combination, Brick, Brick Front
  • Dock Type: Multiple Slip
  • Pool Features: In Ground
  • Roof: Shingle
  • Water Access: No
  • Water Body Name: CHESTER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: No
  • Water Frontage In Feet: 188

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s), Heat Pump(s)
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: H. H. GARNETT
  • High School: KENT COUNTY
  • Middle Or Junior School: KENT COUNTY

Lot Info

  • Fencing: Board, Decorative, Rear, Panel, Split Rail
  • Improvement Assessed Value: 407100.00
  • Land Assessed Value: 629800.00
  • Lot Size Acres: 1.48
  • Lot Size Area: 64469
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 64469.00
  • Outdoor Living Structures: Balcony, Patio(s), Enclosed, Porch(es)
  • Property Condition: Very Good
  • Zoning: CAR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4510644
  • Tax Annual Amount: 11750.13
  • Assessor Parcel Number: 1507005164
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Private Dock Site, Sandy Beach

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2018
Closed on
Dec 20, 2019
Sold by
Williams William N
Bought by
Tinsley John T and Tinsley Jane A
Seller's Agent
Douglas Megargee
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
Terri Murray
RE/MAX Executive
List Price
$1,250,000
Sold Price
$890,000
Premium/Discount to List
-$360,000
-28.8%
Current Estimated Value
$1,450,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,726
Avg. Annual Appreciation
8.51%
Original Mortgage
$518,000
Outstanding Balance
$456,692
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$994,034

Purchase Details

Closed on
Sep 15, 2016
Sold by
Gillespie James E and Gillespie Todd S
Bought by
Williams William N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2014
Sold by
Gillespie Edward S and The Jean B Gillespie Revocable
Bought by
The Jean B Gillespie Revocable Trust and The Gst Marital Trust

Purchase Details

Closed on
Nov 25, 2008
Sold by
Gillespie Jean B
Bought by
Gillespie Jean B Trustee

Purchase Details

Closed on
Oct 13, 2008
Sold by
Gillespie Jean B
Bought by
Gillespie Jean B Trustee

Purchase Details

Closed on
Sep 29, 1995
Sold by
Kane Elizabeth S L
Bought by
Gillespie Jean B

Purchase Details

Closed on
Sep 16, 1988
Sold by
Zehring John W and Betty June
Bought by
Kane Elizabeth Sl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
10.4%
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
Tinsley John T $890,000 Atlantic Title & Escrow Co
Williams William N $926,500 Attorney
The Jean B Gillespie Revocable Trust -- None Available
Gillespie Jean B Trustee -- --
Gillespie Jean B Trustee -- --
Gillespie Jean B $450,000 --
Kane Elizabeth Sl $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tinsley John T $518,000
Previous Owner Williams William N $350,000
Previous Owner Kane Elizabeth Sl $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2019 12/20/19 Sold $890,000 -13.2% $202 / Sq Ft
06/28/2019 06/28/19 Price Changed $1,025,000 -6.8% $233 / Sq Ft
10/31/2018 10/31/18 Price Changed $1,100,000 -12.0% $250 / Sq Ft
08/06/2018 08/06/18 For Sale $1,250,000 -- $284 / 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 $12,187 $1,074,700 $629,800 $444,900
2024 $11,530 $1,016,767 $0 $0
2023 $10,873 $958,833 $0 $0
2022 $10,126 $900,900 $629,800 $271,100
2021 $10,126 $900,900 $629,800 $271,100
2020 $10,216 $900,900 $629,800 $271,100
2019 $11,758 $1,036,900 $629,800 $407,100
2018 $23,509 $1,036,533 $0 $0
2017 $10,631 $1,036,167 $0 $0
2016 -- $1,035,800 $0 $0
2015 $8,645 $1,035,800 $0 $0
2014 $8,645 $1,035,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005951739

Bright MLS

APN: 07-005164