NOT LISTED FOR SALE

8641 Elm Rd Chestertown, MD 21620

Estimated Value: $207,000 - $307,000

3 Beds
1 Bath
1,740 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $75,500 $43 Per Sq Ft

Est. 297% increase in value since last sale

Current estimated payment $1,788/month

141 Days on Market

Highlights

  • Home fronts navigable water
  • Rambler Architecture
  • Country Kitchen
  • Private Water Access
  • No HOA
  • Baseboard Heating

About This Home

As of July 2014

Great opportunity to purchase a large rancher in Tolchester Estates. Located on an oversized lot must see to appreciate! sold "AS-IS" including any existing appliances, plumbing, heating and air conditioning and electrical systems. Buyer is to inspect the property five (5) days prior to closing to determine that the property is in the same condition as when the offer to purchase was executed.

Last Agent to Sell the Property

Ruth Hosgood

Long & Foster Real Estate, Inc. Listed on: 01/08/2014

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Debbie Meikle

Doug Ashley Realtors, LLC License #88750

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,517

Year Built

  • Built in 1970

Lot Details

  • 0.64 Acre Lot
  • Home fronts navigable water
  • Property is zoned RR

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Country Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Private Water Access
  • Property near a bay

Utilities

  • Heating System Uses Oil
  • Baseboard Heating
  • Well

Community Details

  • No Home Owners Association
  • Tolchester Estates HOA

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 1-27
  • Assessor Parcel Number 1506022871

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,517

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Federal Flood Insurance: Unknown
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Country
  • Fireplace: No
  • Entry Location: Living Room
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unpaved
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Baseboard
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Name: TOLCHESTER ESTATES
  • HOA: No

Lot Info

  • Improvement Assessed Value: 78100.00
  • Land Assessed Value: 55700.00
  • Lot Size Acres: 0.64
  • Lot Size Area: 28000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28000.00
  • Year Assessed: 2013
  • Zoning: RR

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 4509904
  • Tax Annual Amount: 1517.29
  • Assessor Parcel Number: 1506022871
  • Tax Lot: 1-27
  • Tax Total Finished Sq Ft: 1740
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 07/25/2014

Multi Family

  • Dock Slip Conveyance: None Available
  • Federal Flood Zone: UNKNOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2014
Closed on
Jul 16, 2014
Sold by
Wells Fargo Bank Na
Bought by
Parks Tammy L
Seller's Agent
Ruth Hosgood
Long & Foster Real Estate, Inc.
Buyer's Agent
Debbie Meikle
Doug Ashley Realtors, LLC
List Price
$99,000
Sold Price
$75,500
Premium/Discount to List
-$23,500
-23.74%
Current Estimated Value
$299,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,313
Avg. Annual Appreciation
10.11%
Original Mortgage
$99,261
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2013
Sold by
Crouch Christopher C and Crouch Amy E
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 17, 2012
Sold by
Crouch Christopher C and Crouch Amy E
Bought by
Crouch Christopher C

Purchase Details

Closed on
Aug 31, 2006
Sold by
Crouch Chris R
Bought by
Crouch Christopher C

Purchase Details

Closed on
Aug 25, 2006
Sold by
Crouch Chris R
Bought by
Crouch Christopher C

Purchase Details

Closed on
Jun 17, 2004
Sold by
Rosen Melanie C
Bought by
Crouch Chris R

Purchase Details

Closed on
Apr 1, 2003
Sold by
Blackiston John W and Blackiston Madeline
Bought by
Rosen Melanie C

Purchase Details

Closed on
Mar 19, 1997
Sold by
Stein Daniel T and Stein Madeline
Bought by
Blackiston John W and Blackiston Madeline
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
Parks Tammy L $37,750 Commonwealth Land Title Ins
Wells Fargo Bank Na $113,050 None Available
Crouch Christopher C -- None Available
Crouch Christopher C -- --
Crouch Christopher C -- --
Crouch Chris R $147,300 --
Rosen Melanie C $108,000 --
Blackiston John W $84,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parks Tammy L $99,507
Closed Parks Tammy L $101,750
Closed Parks Tammy L $99,261
Previous Owner Crouch Christopher $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2014 07/25/14 Sold $75,500 -7.9% $43 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
05/06/2014 05/06/14 Price Changed $82,000 -17.2% $47 / Sq Ft
04/09/2014 04/09/14 For Sale $99,000 +31.1% $57 / Sq Ft
04/08/2014 04/08/14 Off Market $75,500 -- --
04/01/2014 04/01/14 Price Changed $99,000 -10.0% $57 / Sq Ft
01/08/2014 01/08/14 For Sale $110,000 -- $63 / 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 $1,754 $154,700 $0 $0
2024 $1,676 $147,800 $55,700 $92,100
2023 $1,617 $142,600 $0 $0
2022 $1,544 $137,400 $0 $0
2021 $1,494 $132,200 $55,700 $76,500
2020 $1,494 $131,767 $0 $0
2019 $1,489 $131,333 $0 $0
2018 $1,484 $130,900 $55,700 $75,200
2017 $1,484 $130,900 $0 $0
2016 -- $130,900 $0 $0
2015 $1,555 $133,800 $0 $0
2014 $1,555 $133,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002792368

Bright MLS

APN: 06-022871