$1,875,000
SOLD NOV 13, 2024

1015 Riverview Terrace Saint Michaels, MD 21663

5 Beds
4 Baths
3,301 Sq Ft
0.95 Acres

Recently Sold

$568 Per Sq Ft

15% Below List Price

24 Days on Market

Highlights

  • 145 Feet of Waterfront
  • Pier
  • 0.95 Acre Lot
  • 2 Dock Slips
  • Panoramic View
  • Coastal Architecture

About This Home

As of November 2024

Excellent opportunity to own a charming waterfront house on Riverview Terrace in St. Michaels, Md. This 5BR/ 4BA home is 3300+ SF, has spacious rooms and incredible views of the Miles River. Sited on .95 acres, this property is elevated, has an expansive back yard, and pier with boat lift (being sold as-is). The large waterside deck provides great entertaining and living space. There are 2 main level bedrooms which share a bath (would make great primary suite) and three large bedrooms with 2 baths upstairs. The dining room has a beamed ceiling, living room has wood burning fireplace and built-ins, and the waterside family room has great river views and a beautiful stone fireplace. Off the eat-in kitchen is a lovely sunroom, full bath, mudroom, and one car garage. The circular drive provides ample parking and the mature trees give great privacy. No town taxes!

Last Agent to Sell the Property

Laura Carney

TTR Sotheby's International Realty License #596166 Listed on: 09/13/2024

TTR Sotheby's International Realty

Last Buyer's Agent

Kathy Christensen

TTR Sotheby's International Realty License #602735

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,558

Year Built

  • Built in 1958

Lot Details

  • 0.95 Acre Lot
  • 145 Feet of Waterfront
  • Home fronts navigable water
  • Back and Front Yard
  • Property is in very good condition

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Circular Driveway
  • Stone Driveway

Property Views

  • River
  • Panoramic
  • Scenic Vista
  • Garden

Home Design

  • Coastal Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,301 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Brick Fireplace
  • Awning
  • Casement Windows
  • Mud Room
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Rip-Rap
  • Electric Hoist or Boat Lift
  • Manual Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Powered Boats Permitted
  • Deck
  • Shed
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Convector Heater
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 6 A
  • Assessor Parcel Number 2102078015

Community Details

Overview

  • Association fees include reserve funds, road maintenance, snow removal
  • Rio Vista Subdivision

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Boat Dock
  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,558

Year Built

Built in 1958

Lot Details

0

HOA Fees

$4 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Remarks Public: Excellent opportunity to own a charming waterfront house on Riverview Terrace in St. Michaels, Md. This 5BR/ 4BA home is 3300+ SF, has spacious rooms and incredible views of the Miles River. Sited on .95 acres, this property is elevated, has an expansive back yard, and pier with boat lift (being sold as-is). The large waterside deck provides great entertaining and living space. There are 2 main level bedrooms which share a bath (would make great primary suite) and three large bedrooms with 2 baths upstairs. The dining room has a beamed ceiling, living room has wood burning fireplace and built-ins, and the waterside family room has great river views and a beautiful stone fireplace. Off the eat-in kitchen is a lovely sunroom, full bath, mudroom, and one car garage. The circular drive provides ample parking and the mature trees give great privacy. No town taxes!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Cooktop, Dryer, Oven - Wall, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Tile/Brick, Vinyl
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Entry Level Bedroom, Exposed Beams, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Skylight(s), Bathroom - Stall Shower, Bathroom - Tub Shower, Wood Floors
  • Window Features: Casement, Skylights
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Beamed Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Sun/Florida Room, Laundry, Mud Room, Primary Bathroom, Full Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 3301
  • Living Area Sq Ft: 3301
  • Price Per Sq Ft: 664.95
  • Above Grade Finished Sq Ft: 3301
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1015

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Outbuilding(s), Awning(s)
  • Roof: Shingle
  • View: Garden/Lawn, Panoramic, River, Scenic Vista, Water
  • Water Access Features: Boat - Powered, Personal Watercraft (PWC), Private Access
  • Water Access: Yes
  • Water Body Name: Miles River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 145

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Private, Stone Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water, Convector, Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Picnic Area, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Reserve Funds, Road Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: TALBOT COUNTY PUBLIC SCHOOLS
  • School District Key: 121138072466
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Features: Rip-Rapped, Front Yard, Rear Yard
  • Lot Size Acres: 0.95
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 41440.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: R
  • Zoning Description: Residential
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10558.00
  • Assessor Parcel Number: 2102078015
  • Tax Lot: 6 A
  • Tax Total Finished Sq Ft: 3301
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 11/13/2024

Multi Family

  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Nov 5, 2024
Sold by
Bernard L Grove Iii Revocable Trust and Grove Bernard L
Bought by
Li Ian Blake and Halsey Brenton Shaw
Seller's Agent
Laura Carney
TTR Sotheby's International Realty
Buyer's Agent
Kathy Christensen
TTR Sotheby's International Realty
List Price
$2,195,000
Sold Price
$1,875,000
Premium/Discount to List
-$320,000
-14.58%
Views
64
Current Estimated Value
$1,883,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,274
Avg. Annual Appreciation
0.55%
Original Mortgage
$1,406,250
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2007
Sold by
Grove Bernard L
Bought by
Grove Bernard L Iii Trustee

Purchase Details

Closed on
May 1, 2007
Sold by
Grove Bernard L
Bought by
Grove Bernard L Iii Trustee

Purchase Details

Closed on
Jun 4, 1993
Sold by
Hayes Thomas J and Hayes Jessie G
Bought by
Grove Bernard L and Grove Mary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.47%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,875,000 None Listed On Document
Deed -- --
Deed -- --
Deed $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,406,250 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $227,640 Stand Alone Second
Previous Owner $240,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Sold $1,875,000 -14.6% $568 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
09/13/2024 09/13/24 For Sale $2,195,000 -- $665 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,397 $1,206,200 $644,100 $562,100
2024 $5,397 $1,169,200 $0 $0
2023 $5,110 $1,132,200 $0 $0
2022 $4,751 $1,095,200 $644,100 $451,100
2021 $9,197 $1,076,667 $0 $0
2020 $4,478 $1,058,133 $0 $0
2019 $4,457 $1,039,600 $594,600 $445,000
2018 $4,048 $995,933 $0 $0
2017 $3,873 $952,267 $0 $0
2016 $3,787 $908,600 $0 $0
2015 $3,545 $908,600 $0 $0
2014 $3,545 $908,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA2008760

Bright MLS

APN: 02-078015