$109,250
SOLD DEC 20, 2022

8899 Georgetown Rd Chestertown, MD 21620

2 Beds
1 Bath
966 Sq Ft
0.4 Acres

Recently Sold

$113 Per Sq Ft

32 Days on Market

Highlights

  • Home fronts navigable water
  • Rambler Architecture
  • Main Floor Bedroom
  • Water Access
  • Backs to Trees or Woods
  • No HOA

About This Home

As of December 2023

Check out this rancher home located in an expansive lot approximately 0.40 acres in the neighborhood of Georgetown in Kent County, Maryland. Home offers a formal living room, a den off living room, an eat-in kitchen with wood cabinets, two bedrooms with built-in closet & ceiling fan, a full bath and a screened porch in the back that has room for improvements. Home is in a water oriented community with access to beaches wharf and marina.

Last Agent to Sell the Property

Gina Gargeu

Century 21 Downtown Listed on: 10/14/2022

Century 21 Downtown

Last Buyer's Agent

Mikeshia Wilson

Chesapeake Real Estate Associates, LLC License #5011891

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $828

Year Built

  • Built in 1968

Lot Details

  • 0.4 Acre Lot
  • Home fronts navigable water
  • Backs to Trees or Woods

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 966 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Crown Molding
  • Paneling
  • Ceiling Fan
  • Living Room
  • Den
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Property near a bay

Utilities

  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Georgetown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1506020852

Home Details

Home Type

Single Family

Est. Annual Taxes

$828

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Remarks Public: Check out this rancher home located in an expansive lot approximately 0.40 acres in the neighborhood of Georgetown in Kent County, Maryland. Home offers a formal living room, a den off living room, an eat-in kitchen with wood cabinets, two bedrooms with built-in closet & ceiling fan, a full bath and a screened porch in the back that has room for improvements. Home is in a water oriented community with access to beaches wharf and marina.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Carpet
  • Interior Amenities: Entry Level Bedroom, Carpet, Built-Ins, Ceiling Fan(s), Crown Moldings
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Kitchen, Den, Bedroom 1, Bathroom 1
  • Basement: No
  • Total Sq Ft: 966
  • Living Area Sq Ft: 966
  • Price Per Sq Ft: 113.10
  • Above Grade Finished Sq Ft: 966
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8899

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
  • Construction Materials: Aluminum Siding
  • 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
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: KENT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139164602
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17424.00
  • Year Assessed: 2022
  • Zoning: V
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 828.00
  • Assessor Parcel Number: 1506020852
  • Tax Total Finished Sq Ft: 966
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/20/2022

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Dec 20, 2023
Sold by
Substratum Investments Llc
Bought by
Irving Christy
Seller's Agent
Mikeshia Wilson
Chesapeake Real Estate Associates, LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$265,000
Sold Price
$235,000
Premium/Discount to List
-$30,000
-11.32%
Views
379
Current Estimated Value
$250,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,220
Avg. Annual Appreciation
-1.62%
Original Mortgage
$235,000
Interest Rate
7.5%
Mortgage Type
VA

Purchase Details

Listed on
Oct 14, 2022
Closed on
Dec 1, 2022
Sold by
Rmf Buyout Acquisition Trust
Bought by
Substratum Investments Llc
Seller's Agent
Gina Gargeu
Century 21 Downtown
Buyer's Agent
Mikeshia Wilson
Chesapeake Real Estate Associates, LLC
List Price
$109,250
Sold Price
$109,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.10%
Original Mortgage
$153,400
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 12, 2022
Sold by
Vandelinde Eric
Bought by
Wilmington Savings Fund Society
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 Type Sale Price Title Company
Deed $235,000 None Listed On Document
Deed $109,250 Security American Title
Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $239,500 VA
Closed $235,000 VA
Previous Owner $153,400 Credit Line Revolving
Previous Owner $210,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $235,000 0.0% $243 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/11/2023 10/11/23 Price Changed $235,000 -4.1% $243 / Sq Ft
09/04/2023 09/04/23 Price Changed $245,000 -3.9% $254 / Sq Ft
08/27/2023 08/27/23 Price Changed $255,000 -3.8% $264 / Sq Ft
08/19/2023 08/19/23 For Sale $265,000 +142.6% $274 / Sq Ft
12/20/2022 12/20/22 Sold $109,250 0.0% $113 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $109,250 -- $113 / 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
2024 $886 $78,100 $38,100 $40,000
2023 $860 $75,867 $0 $0
2022 $828 $73,633 $0 $0
2021 $1,599 $71,400 $38,100 $33,300
2020 $795 $70,133 $0 $0
2019 $1,536 $68,867 $0 $0
2018 $378 $67,600 $38,100 $29,500
2017 $692 $67,600 $0 $0
2016 -- $67,600 $0 $0
2015 $550 $67,600 $0 $0
2014 $550 $67,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDKE2002034

Bright MLS

APN: 06-020852