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$289,500

Beds
2
Baths
2.0
sq ft
1,150

9020 Cumberland St, Chestertown, MD 21620

9020 Cumberland St

Chestertown, MD 21620

  • 283 days on market
    • Price drop $7,500↓
Price improvement! Two perfectly adorable cottages in Tolchester. Both were completely remodeled. The cottages sit on 3 lots totaling about .46 acres. Each has one bedroom, a full bath, kitchen and living areas. The front cottage also has an additional "sleeping loft". Tolchester Beach is located on the Chesapeake Bay and has a beautiful beach and boat ramp. Walking distance to The Shanty Beach Bar and the Tolchester Marina. A great place to enjoy live music, great food and drinks. Each unit has new mini-split systems for heating and cooling. These would be a perfect vacation home or you could live in one and rent out the other. These would also make good airbnb or vrbo properties. The front cottage is approximately 400 sq ft. The back cottage is approximately 750 sq ft. Come check them out!

Details

Property type

Single Family Residence

Est. home value

$113,742

Lot size

0.46 acres

Price per sq ft

$252

Year built

1949

Annual property taxes

$527

Price History

08/31/2024
Bright

Bright #MDKE2003374

Pending
$269,900
08/01/2024
Bright

Bright #MDKE2003374

Price change
$269,900
-3.57%
06/19/2024
Bright

Bright #MDKE2003374

Price change
$279,900
-3.32%

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

Chesapeake Bank & Trust Company

Loan start date

May 2022

Original loan amount

$97,500

Est. remaining balance

Not provided

Interest rate

5%

Loan type

Purchase Money Mortgage

Seller

Left Bower 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?

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Status: Active

Tomo last checked: 09/19/2024 at 12:35 PM

Listing updated: 05/24/2024 at 8:04 AM

Listed by: Peter D Heller, Coldwell Banker Chesapeake Real Estate Company Phone #: (410) 778-0330

MLS: BrightMLS #MDKE2003374

BrightMLS logo

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