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$135,000

Beds
3
Baths
1.0
sq ft
930

7121 Quaker Neck Rd, Chestertown, MD 21620

7121 Quaker Neck Rd

CHESTERTOWN, MD 21620

  • 22 days on market
Great Investment Opportunity – Fixer-Upper on 1 Acre Lot Attention DIYers, investors, and renovators! This small home, located on a beautiful 1-acre lot, is a diamond in the rough, offering endless potential for the right buyer. Nestled in the quiet, rural setting of Quaker Neck just 1.5 miles from downtown Chestertown, this property is the perfect canvas for a major rehab project. The home, which is in need of significant repairs and updates, is being sold as-is, providing a great opportunity to bring your vision to life. Whether you're looking to restore it to its original charm or transform it into something entirely new, this property offers a solid foundation for your renovation ideas. Property Highlights: * 1-acre lot with plenty of space for expansion, gardening, or outdoor activities * Small house with potential to become a cozy retreat or a profitable rental * Quiet, rural location for privacy and peace of mind * Easy access to Chestertown for shopping and Quaker Neck Landing for water fun! Please note: This home needs extensive repairs and will not qualify for traditional financing, so it's ideal for cash buyers or those with renovation experience. Buyer to perform due diligence. Sellers are willing to provide architectural drawings & site plans for their planned renovation. Don’t miss this opportunity to turn a fixer-upper into your dream home or next big project. Schedule a showing today and imagine the possibilities!

Details

Property type

Single Family Residence

Est. home value

$114,188

Lot size

1.0 acres

Price per sq ft

$146

Year built

1959

Annual property taxes

$1,213

HOA

No

Price History

12/09/2024
Bright

Bright #MDKE2004694

Listed
$135,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

KENT COUNTY PUBLIC SCHOOLS

Seller’s Loan History

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

Lender

Shallcross Mortgage Company

Loan start date

August 2023

Original loan amount

$175,000

Est. remaining balance

$0

Interest rate

6.71%

Loan type

New Conventional, 1 year

Seller

Alexandre Real Estate Llc

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 12:20 AM

Listing updated: 12/16/2024 at 7:49 PM

Listed by: Cheryl Hurt, Coldwell Banker Chesapeake Real Estate Company Phone #: (410) 778-0330

MLS: Bright #MDKE2004694

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