NOT LISTED FOR SALE

114 W Chestnut St St. Michaels, MD 21663

Estimated Value: $1,129,000 - $1,393,275

4 Beds
4.5 Baths
3,276 Sq Ft
$375/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $640,000 $195 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $7,422/month

132 Days on Market

Highlights

  • 5 Dock Slips
  • Canoe or Kayak Water Access
  • Dual Staircase
  • Home fronts navigable water
  • Fishing Allowed
  • 1-minute walk to San Domingo Park

About This Home

As of July 2020

Spring has sprung on Chestnut Street! Come see the giant blooming daffodil! Enjoy the spirit of the community & the street display of the American flag! The famous Gingerbread House is located on one of the most wonderful streets in historic St. Michaels! Chestnut Street is lined with mature trees, brick sidewalks & the only street in town with historic replica street lamps! Just steps to the waterfront park with community kayak racks & state of the art new kayak launch & pier. The prized two mile nature trail with covered bridge runs through the park. This finely restored home has a victorian front porch, 5 working fireplaces & wood floors. Beautiful exterior front masonry facade & front door with window transom opens to classic front hall & staircase to front 2nd floor bedrooms. Combined living/dining room has 2 fireplaces & is divided by custom bookcases & columns. French doors take you to the comfortable family room with fireplace & copper counter dry bar, stained glass, sitting window & solar tubes that infuse light into the room. Galley kitchen with vaulted ceiling & exposed beams has stainless steel appliances, gas stove, Silestone counter tops & custom cabinetry. 2nd family/breakfast room with full bath in the back with rear staircase to master bedroom. Could be possible 1st floor master. French doors onto picket fenced lined yard with 2 patios & historic rose trellis. Separate side entry, mudroom & 1st floor laundry room. Luxurious 2nd floor master suite with builtin bookcases & vaulted ceilings. Claw foot tub plus shower in master bath with custom wood trim. The front bedrooms both have full baths & one has a fireplace & reading room. 3rd floor is delightful guest bedroom with half bath. Alley access behind house has 2 parking spots. Large detached heated workshop can soon be converted to rentable accessory dwelling unit! Easy walk into town, shopping & restaurants! Experience the best of small historic town living! One seller is a licensed realtor.

Last Agent to Sell the Property

Kate Koeppen

Chesapeake Bay Real Estate Plus, LLC License #584287 Listed on: 01/08/2020

Last Buyer's Agent

Cornelia Heckenbach

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,743

Year Built

  • Built in 1850

Lot Details

  • 7,200 Sq Ft Lot
  • Home fronts navigable water
  • Creek or Stream
  • Picket Fence
  • Property is in very good condition
  • Zoning described as Historic District

Home Design

  • Victorian Architecture
  • Studio
  • HardiePlank Type

Interior Spaces

  • 3,276 Sq Ft Home
  • Property has 2.5 Levels
  • Dual Staircase
  • Built-In Features
  • Bar
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 5 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Stained Glass
  • Casement Windows
  • Window Screens
  • Double Door Entry
  • French Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Flood Lights
  • Attic

Kitchen

  • Galley Kitchen
  • Breakfast Room
  • Gas Oven or Range
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Walk-in Shower
  • Solar Tube

Laundry

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

Parking

  • Alley Access
  • Driveway
  • Unpaved Parking
  • On-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Canoe or Kayak Water Access
  • Public Water Access
  • Mooring
  • Physical Dock Slip Conveys
  • 5 Dock Slips
  • Patio
  • Exterior Lighting
  • Shed
  • Outbuilding
  • Porch

Utilities

  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Tankless Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 2102064200

Community Details

Overview

  • No Home Owners Association
  • St Michaels Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,743

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Accessibility Features: 2+ Access Exits, Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1850
  • Remarks Public: Spring has sprung on Chestnut Street! Come see the giant blooming daffodil! Enjoy the spirit of the community & the street display of the American flag! The famous Gingerbread House is located on one of the most wonderful streets in historic St. Michaels! Chestnut Street is lined with mature trees, brick sidewalks & the only street in town with historic replica street lamps! Just steps to the waterfront park with community kayak racks & state of the art new kayak launch & pier. The prized two mile nature trail with covered bridge runs through the park. This finely restored home has a victorian front porch, 5 working fireplaces & wood floors. Beautiful exterior front masonry facade & front door with window transom opens to classic front hall & staircase to front 2nd floor bedrooms. Combined living/dining room has 2 fireplaces & is divided by custom bookcases & columns. French doors take you to the comfortable family room with fireplace & copper counter dry bar, stained glass, sitting window & solar tubes that infuse light into the room. Galley kitchen with vaulted ceiling & exposed beams has stainless steel appliances, gas stove, Silestone counter tops & custom cabinetry. 2nd family/breakfast room with full bath in the back with rear staircase to master bedroom. Could be possible 1st floor master. French doors onto picket fenced lined yard with 2 patios & historic rose trellis. Separate side entry, mudroom & 1st floor laundry room. Luxurious 2nd floor master suite with builtin bookcases & vaulted ceilings. Claw foot tub plus shower in master bath with custom wood trim. The front bedrooms both have full baths & one has a fireplace & reading room. 3rd floor is delightful guest bedroom with half bath. Alley access behind house has 2 parking spots. Large detached heated workshop can soon be converted to rentable accessory dwelling unit! Easy walk into town, shopping & restaurants! Experience the best of small historic town living! One seller is a licensed realtor.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Gas, Refrigerator, Range Hood, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Flooring Type: Hardwood, Stone
  • Interior Amenities: Additional Stairway, Attic, Bar, Breakfast Area, Built-Ins, Ceiling Fan(s), Chair Railings, Crown Moldings, Exposed Beams, Family Room Off Kitchen, Kitchen - Galley, Kitchen - Island, Pantry, Skylight(s), Recessed Lighting, Solar Tube(s), Stain/Lead Glass, Stall Shower, Studio, Wainscotting, Walk-In Closet(s), Wood Floors
  • Window Features: Casement, Screens
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 5
  • Fireplace: Yes
  • Door Features: Double Entry, French
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Den, Foyer, Breakfast Room, Laundry, Bonus Room, Full Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 3276
  • Living Area Sq Ft: 3276
  • Price Per Sq Ft: 201.47
  • Above Grade Finished Sq Ft: 3276
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 114

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed Shop, Shed
  • Construction Materials: Hardiplank Type
  • Exterior Features: Exterior Lighting, Flood Lights, Outbuilding(s), Secure Storage, Sidewalks, Street Lights
  • Spa: No
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Public Access
  • Water Access: Yes
  • Water Body Name: San Domingo Creek
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unpaved
  • Type Of Parking: Alley, Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Propane - Owned
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Picket
  • Improvement Assessed Value: 401100.00
  • Land Assessed Value: 274500.00
  • Land Use Code: 110
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7200.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: 2
  • Zoning Description: Historic District
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5291594
  • Tax Annual Amount: 7743.00
  • Assessor Parcel Number: 2102064200
  • Tax Page Number: 334
  • Tax Total Finished Sq Ft: 3276
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/14/2020

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Jul 14, 2020
Sold by
Mcgraw Hamilton and Mcgraw Georgia A
Bought by
Hewitt Devon E
Seller's Agent
Kate Koeppen
Chesapeake Bay Real Estate Plus, LLC
Buyer's Agent
Cornelia Heckenbach
Long & Foster Real Estate, Inc.
List Price
$718,000
Sold Price
$640,000
Premium/Discount to List
-$78,000
-10.86%
Current Estimated Value
$1,228,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,819
Avg. Annual Appreciation
13.56%
Original Mortgage
$448,000
Outstanding Balance
$321,099
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$907,720

Purchase Details

Listed on
Oct 14, 2016
Closed on
Jun 30, 2017
Sold by
Platow R Alan
Bought by
Mcgraw Georgia Alexander and Mcgraw Georgia Alexander
Seller's Agent
Elizabeth Foulds
Long & Foster Real Estate, Inc.
Buyer's Agent
Kate Koeppen
Chesapeake Bay Real Estate Plus, LLC
List Price
$679,000
Sold Price
$599,000
Premium/Discount to List
-$80,000
-11.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.20%
Original Mortgage
$300,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2005
Sold by
Gooding Thomas E
Bought by
Platow R. Alan and Platow Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 26, 2003
Sold by
Burden Paul H
Bought by
Gooding Thomas E and Gooding Diane C

Purchase Details

Closed on
Sep 7, 2000
Sold by
Hofmaster Robert E
Bought by
Burden Paul H and Burden Lorin C
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hewitt Devon E $640,000 Venture Title Co Llc
Mcgraw Georgia Alexander $599,000 Eastern Shore Title Co
Platow R. Alan $746,000 --
Gooding Thomas E $575,000 --
Burden Paul H $379,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hewitt Devon E $448,000
Previous Owner Mcgraw Georgia Alexander $300,000
Previous Owner Platow R Alan $400,000
Previous Owner Platow R. Alan $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Sold $640,000 -3.0% $195 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
03/21/2020 03/21/20 Price Changed $660,000 -2.2% $201 / Sq Ft
03/12/2020 03/12/20 Price Changed $675,000 -3.4% $206 / Sq Ft
02/21/2020 02/21/20 Price Changed $699,000 -1.5% $213 / Sq Ft
02/07/2020 02/07/20 Price Changed $710,000 -1.1% $217 / Sq Ft
01/08/2020 01/08/20 For Sale $718,000 +19.9% $219 / Sq Ft
06/30/2017 06/30/17 Sold $599,000 0.0% --
04/25/2017 04/25/17 Pending -- -- --
04/08/2017 04/08/17 Price Changed $599,000 -9.1% --
03/10/2017 03/10/17 Price Changed $659,000 -2.9% --
01/07/2017 01/07/17 For Sale $679,000 +13.4% --
01/07/2017 01/07/17 Off Market $599,000 -- --
10/14/2016 10/14/16 For Sale $679,000 -- --
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 $8,880 $780,100 $316,600 $463,500
2024 $8,880 $719,200 $0 $0
2023 $7,818 $658,300 $0 $0
2022 $6,849 $597,400 $302,100 $295,300
2021 $13,397 $597,400 $302,100 $295,300
2020 $6,786 $597,400 $302,100 $295,300
2019 $7,328 $675,600 $274,500 $401,100
2018 $9,817 $641,833 $0 $0
2017 $5,698 $608,067 $0 $0
2016 $5,527 $574,300 $0 $0
2015 $6,802 $574,300 $0 $0
2014 $6,802 $574,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA137092

Bright MLS

APN: 02-064200