NOT LISTED FOR SALE

8766 Maryland Pkwy Chestertown, MD 21620

Estimated Value: $169,000 - $217,914

2 Beds
1 Bath
1,232 Sq Ft
$158/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $115,000 $93 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,139/month

31 Days on Market

Highlights

  • Home fronts navigable water
  • View of Trees or Woods
  • Deck
  • Water Access
  • Open Floorplan
  • Backs to Trees or Woods

About This Home

As of September 2020

Looking for a country get-away? This could be it! Located in the water privilege community of Tolchester, this 2 bedroom, 1 bath home sits on about 3/4 of an acre. There is a screened in front porch and back deck with an outdoor shower. The downstairs has an open floor plan with kitchen and living area with a wood stove. Aside from the two bedrooms and bathroom on the second floor there is also a living/family room all with wood floors. It is in need of some updating, but it's ready to make your own. The detached one car garage and shed for your boat are located on the side yard. Tolchester's HOA is not mandatory, but very reasonable to join. The Tolchester Marina and the Shanty Beach Bar are less than a mile away so you can walk or ride your bike to one of the counties most popular destination. Easy to show so come take a look!

Last Agent to Sell the Property

Tracy Stone

(443) 480-0610 tstone@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company Listed on: 07/13/2020

Coldwell Banker Chesapeake Real Estate Company

Last Buyer's Agent

Christine Burgess

(410) 708-3511 cburg.21905@gmail.com Keller Williams Select Realtors of Annapolis License #668363

Keller Williams Select Realtors of Annapolis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,202

Year Built

  • Built in 1954

Lot Details

  • 0.69 Acre Lot
  • Home fronts navigable water
  • Backs to Trees or Woods
  • Property is zoned RR

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Views of Woods

Kitchen

  • Country Kitchen
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Property near a bay
  • Deck
  • Shed
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned

Community Details

  • Tolchester Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1506019587

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,202

Year Built

Built in 1954

Lot Details

0

HOA Fees

$4 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1954
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Water Conditioner - Owned, Water Heater
  • Interior Amenities: Carpet, Ceiling Fan(s), Floor Plan - Open, Kitchen - Country, Water Treat System, Wood Floors
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1232
  • Living Area Sq Ft: 1232
  • Price Per Sq Ft: 89.29
  • Above Grade Finished Sq Ft: 1232
  • Above Grade Finished 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: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Spa: No
  • View: Trees/Woods
  • 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 Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 45.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 50300.00
  • Land Assessed Value: 56200.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.69
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 30000.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 4509716
  • Tax Annual Amount: 1202.00
  • Assessor Parcel Number: 1506019587
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 30, 2020
Sold by
Skidmore Edwin D and Skidmore Loretta B
Bought by
Wheatley Robert J and Wheatley Traci A
Seller's Agent
Tracy Stone
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
Christine Burgess
Keller Williams Select Realtors of Annapolis
List Price
$110,000
Sold Price
$115,000
Premium/Discount to List
$5,000
4.55%
Current Estimated Value
$194,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,979
Avg. Annual Appreciation
10.71%
Original Mortgage
$85,000
Outstanding Balance
$75,603
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$119,376

Purchase Details

Closed on
Mar 13, 2000
Sold by
Cambell Bradley M
Bought by
Skidmore Edwin D and Skidmore Loretta B

Purchase Details

Closed on
Jun 30, 1988
Sold by
Myers William S
Bought by
Cambell Bradley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
10.4%

Purchase Details

Closed on
Sep 19, 1977
Sold by
Raysick Louis J
Bought by
Myers William S
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
Wheatley Robert J $115,000 None Available
Skidmore Edwin D $35,000 --
Cambell Bradley M $25,000 --
Myers William S $15,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheatley Robert J $85,000
Previous Owner Cambell Bradley M $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $115,000 +4.5% $93 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $110,000 -- $89 / 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 $1,321 $116,533 $0 $0
2024 $1,260 $111,100 $56,200 $54,900
2023 $1,242 $109,567 $0 $0
2022 $1,214 $108,033 $0 $0
2021 $1,197 $106,500 $56,200 $50,300
2020 $1,205 $106,267 $0 $0
2019 $1,200 $106,033 $0 $0
2018 $1,200 $105,800 $56,200 $49,600
2017 $1,200 $105,800 $0 $0
2016 -- $105,800 $0 $0
2015 -- $106,500 $0 $0
2014 $1,323 $106,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDKE116786

Bright MLS

APN: 06-019587