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$299,995

Beds
4
Baths
2.0
sq ft
2,788

20491 Chesapeake Dr, Nanticoke, MD 21840

20491 Chesapeake Dr

NANTICOKE, MD 21840

  • 136 days on market
    • Price drop $19,505↓
SELLERS are motivated and will entertain all reasonable offers. If you're looking for more space and serenity this home is ready for your enjoyment. A hidden gem located in the waterfront community of Nanticoke Acres. If you've been searching for a vacation home, forever home or investment property this one will check all your boxes. Home offers 4 large bedrooms, 2 bathrooms on a beautiful oversized corner lot. Covered porch overlooking a spacious backyard. Living room, eat in kitchen and breakfast bar. You'll enjoy the kitchen with stainless steel appliances, upgraded gas stove, granite counter tops and 2 full bathrooms. The lower level offers an oversized family room, two bedrooms, and a large laundry room with storage. Outside enjoy evenings under the stars on the upper and lower decks. Oversized detached garage, large enough for cars or a small boat. Bring your kayak, boat, paddle boards or jet ski for this is the ideal spot to soak up everything on the Nanticoke River. The community offers a private fishing area with benches and tables for fishing, crabbing and sunset watching. Only 1 mile to Cove Road and Roaring Point where you can launch your boat, relax on the beach or watch the fireworks on 4th of July. Just a short drive to several quaint Eastern Shore towns; Crisfield, Tyaskin, Hebron and Quantico. The city of Salisbury is a 30 minute drive and 40 minutes to the world famous beaches of Ocean City Maryland. Call Listing agent for more information.

Details

Property type

Single Family Residence

Est. home value

$274,349

Lot size

0.36 acres

Price per sq ft

$108

Year built

1990

Annual property taxes

$2,011

HOA

No

Price History

12/14/2024
Bright

Bright #MDWC2014568

Price change
$299,995
-6.1%
08/08/2024
Bright

Bright #MDWC2014568

Listed
$319,500
+18.33%
10/14/2022
Bright

Bright #MDWC2005328

Sold
$270,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

WICOMICO COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$53,899
Asking price
$299,995
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$222,096
Cash to seller
$53,899

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mclean Mortgage Corp

Loan start date

October 2022

Original loan amount

$228,937

Est. remaining balance

$222,096

Interest rate

5.55%

Loan type

FHA, 30 year

Seller

Ashley B Swaggerty and Phillip J Trout

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 5:45 AM

Listing updated: 12/15/2024 at 11:34 AM

Listed by: Steven Michael Hood, Whitehead Real Estate Exec. Phone #: (410) 749-4663

MLS: Bright #MDWC2014568

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