NOT LISTED FOR SALE

8842 Fairlee Rd Chestertown, MD 21620

Estimated Value: $221,525 - $316,000

5.36 Acres
$46,153 Price per Acre
233,482 Sq Ft Lot

Last Sold August 15, 2024

Last sale price $221,000 $175 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,378/month

7 Days on Market

About This Lot

As of August 2024

Here's a chance to build your dream home just minutes from historic Chestertown or Rock Hall. There was a house fire on this property and the remains have been taken away leaving only a pole barn on over 5 acres that was once used as an orchard and is now mainly cleared. Public Water and Sewer are huge benefits to the design and construction process. The oversized pole barn was recently put up and is in great condition. Please contact Kent County regarding any possible ideas to subdivide the property.

Last Agent to Sell the Property

Murphy ONeill

(443) 480-4275 murphy@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company License #5010912 Listed on: 06/20/2024

Coldwell Banker Chesapeake Real Estate Company

Last Buyer's Agent

Peter Heller

(410) 708-3301 pheller@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company

Coldwell Banker Chesapeake Real Estate Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $925

Lot Details

  • 5.36

Additional Features

  • 5.36 Acre Lot
  • Scenic Vista Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1506025757

Property Details

Property Type

Land

Est. Annual Taxes

$925

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Expected On Market: 2024-06-20
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.86

Exterior Features

  • Construction Completed: No
  • View: Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 5.36
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 233482.00
  • Zoning: V
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 925.00
  • Assessor Parcel Number: 1506025757
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Aug 15, 2024
Sold by
Williams Ricket Stepheni
Bought by
Hock Adam S
Seller's Agent
Murphy ONeill
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
Peter Heller
Coldwell Banker Chesapeake Real Estate Company
List Price
$199,900
Sold Price
$221,000
Premium/Discount to List
$21,100
10.56%
Views
55
Current Estimated Value
$247,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,381
Avg. Annual Appreciation
8.99%
Original Mortgage
$165,750
Outstanding Balance
$163,882
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$83,499

Purchase Details

Closed on
Mar 16, 2023
Sold by
Lecates Williams Ruth
Bought by
Williams Ricket Stepheni
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hock Adam S $221,000 Newlyn Title
Williams Ricket Stepheni -- --
Ricket Stepheni Williams -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hock Adam S $165,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2024 08/15/24 Sold $221,000 +10.6% $175 / Sq Ft
06/20/2024 06/20/24 For Sale $199,900 -- $158 / 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 $908 $80,100 $64,100 $16,000
2024 $727 $64,100 $64,100 $0
2023 $1,816 $81,600 $79,100 $2,500
2022 $1,816 $161,533 $0 $0
2021 $1,771 $157,100 $79,100 $78,000
2020 $1,771 $156,133 $0 $0
2019 $1,760 $155,167 $0 $0
2018 $1,749 $154,200 $79,100 $75,100
2017 $1,749 $154,200 $0 $0
2016 -- $154,200 $0 $0
2015 $1,692 $155,000 $0 $0
2014 $1,692 $155,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Murphy ONeill

    Seller's Agent in 2024

    Murphy ONeill

    Coldwell Banker Chesapeake Real Estate Company

    (443) 480-4275

    60 Total Sales

    Murphy ONeill
    Section Image
  • Peter Heller

    Buyer's Agent in 2024

    Peter Heller

    Coldwell Banker Chesapeake Real Estate Company

    (410) 708-3301

    117 Total Sales

    Peter Heller
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDKE2004112

Bright MLS

APN: 06-025757

Maryland Kent County Chestertown 21620

8842 Fairlee Rd, Chestertown, MD

Not Listed for Sale

Lots

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