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$387,500

Beds
3
Baths
2.0
sq ft
1,800

409 Riverview Rd, Chestertown, MD 21620

409 Riverview Rd

CHESTERTOWN, MD 21620

  • 104 days on market
    • Price drop $10,000↓
EXCEPTIONAL VALUE-This charming Cape Cod home offers exceptional value with a recent $10,000 price reduction and new carpet throughout. Located on a desirable corner lot in Kingstown, this property is just a short walk or bike ride from historic Chestertown. The home features a modernized kitchen, updated bathrooms, and custom tile floors. Enjoy the convenience of a first-floor bedroom, a spacious living room, and a combined dining/family room. The second floor includes two additional bedrooms and a full bath. Outside, a private backyard with a 14 x 10 deck and privacy fence provides a peaceful retreat. The oversized three-car detached garage, with approximately 900 sq ft of space, comes equipped with a storage loft and newly installed electric. While the property is addressed as Chestertown, it is actually situated on the Queen Anne's County side of the Chester River. The area offers a wealth of activities, including a weekly farmers market, local events, boating, dining, shopping, and easy access to the YMCA. Plus, it's conveniently close to Washington College, enriching the community's vibrant atmosphere. This is a fantastic opportunity to own a lovely, well-maintained home in a prime location!

Details

Property type

Single Family Residence

Est. home value

$392,443

Lot size

0.31 acres

Price per sq ft

$216

Year built

1998

Annual property taxes

$2,516

HOA

No

Price History

11/13/2024
Bright

Bright #MDQA2010982

Price change
$387,500
-2.52%
09/18/2024
Bright

Bright #MDQA2010982

Listed
$397,500
+29.48%
03/15/2021
Bright

Bright #MDQA146594

Sold
$307,000
+65.95%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

QUEEN ANNE'S COUNTY

School district: 

QUEEN ANNE'S 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

$89,652
Asking price
$387,500
Closing costs (~8% of asking)
-$31,000
Est. remaining loan balance
-$266,848
Cash to seller
$89,652

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

March 2021

Original loan amount

$291,650

Est. remaining balance

$266,848

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Richard J Trzaskoma Iii and Michael Trzaskoma

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 5:10 AM

Listing updated: 12/11/2024 at 1:45 PM

Listed by: Norma L Coursey, Benson & Mangold, LLC Phone #: (443) 988-0483

MLS: Bright #MDQA2010982

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