503 Morgnec Rd, Chestertown — tax account 1504007379
Apartments on 12.69 acres in Chestertown, Kent County, assessed at $4,642,100; last transfer January 23, 2026 for $3,050,000.
From the State Department of Assessments and Taxation file as published by the Maryland Department of Planning (MD iMAP) — not the official record. Open the official SDAT record.
Account
| Tax account number | 1504007379 |
|---|
| Map, grid, parcel | Map 37 Grid 3E Parcel 320 · Lot 1 |
|---|
| Location | 503 Morgnec Rd, Chestertown MD 21620 |
|---|
| Jurisdiction | Kent County |
|---|
| Plat | M2 99 |
|---|
Land
| Land use | Apartments (M) |
|---|
| Zoning | R-2 |
|---|
| Acreage | 12.690 acres (552,776 ft²) |
|---|
Structure
Assessment — January 2024
| Land | $1,142,100 |
|---|
| Improvements | $3,500,000 |
|---|
| Total | $4,642,100 |
|---|
Last transfer
| Date | January 23, 2026 |
|---|
| Consideration | $3,050,000 |
|---|
| Deed reference | liber 00132, folio 0207 |
|---|
What this means
- Maryland reassesses each property every three years; increases are phased in over the following three years, and the Homestead Tax Credit caps the yearly increase on a principal residence.
- Assessed 288% above the median apartments account in Kent County ($1,197,650, 22 accounts).
- The last transfer price is 34% below the current assessment.
Parcel point of the Maryland Department of Planning — not a survey.
Data: Maryland Department of Planning / SDAT, MD iMAP Parcel Points, retrieved November 1, 2026. Sources and freshness. No owner names or mailing addresses are published.
The report for account 1504007379
This page shows the assessment record. The report adds what lies around the property: FEMA flood zone, Critical Area designation, wetlands, contaminated land sites nearby and historic properties.
$19card · PDF within 24 h · you pay after receiving itSee the sample (PDF)
Order the report