NOT LISTED FOR SALE

118 W Chestnut St St. Michaels, MD 21663

Estimated Value: $652,000 - $932,000

2 Beds
2.5 Baths
-- Sq Ft
4,440 Sq Ft Lot

Last Sold June 19, 2012

Last sale price $380,100

Est. 115% increase in value since last sale

Current estimated payment $4,980/month

588 Days on Market

Highlights

  • Water Views
  • Water Access
  • Private Lot
  • Home fronts navigable water
  • Colonial Architecture
  • 1-minute walk to San Domingo Park

About This Home

As of June 2012

BEAUTIFULLY RESTORED HISTORIC HOME WITH WATER VIEWS! Located on charming Chestnut Street, this 2-3 bedroom home has oak and heart pine floors, 2 fps, large master with sitting room, family room overlooking garden, and dumb waiter! Delightful flower garden with pond and back alley access. Front porch overlooks creek and covered bridge. Steps from the waterfront park and downtown!

Last Agent to Sell the Property

Marie Wroten

Benson & Mangold, LLC License #MRIS:59449 Listed on: 09/22/2010

Last Buyer's Agent

Margaret Retallack

Coldwell Banker Chesapeake Real Estate Company License #95496

Coldwell Banker Chesapeake Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,382

Year Built

  • Built in 1900 | Remodeled in 2000

Lot Details

  • 4,440 Sq Ft Lot
  • Home fronts navigable water
  • Back Yard Fenced
  • Landscaped
  • Planted Vegetation
  • Private Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Property Views

  • Water
  • Garden

Home Design

  • Colonial Architecture
  • Plaster Walls
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Fireplace Mantel
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Atrium Windows
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Living
  • Sitting Room
  • Dining Room
  • Den
  • Workshop
  • Wood Flooring
  • Crawl Space
  • Storm Doors
  • Attic

Kitchen

  • Eat-In Country Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Water Access
  • Pond
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Saint Michaels Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2102065584

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,382

Year Built

Built in 1900 | Remodeled in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1900
  • Year Renovated: 2000
  • Remarks Public: BEAUTIFULLY RESTORED HISTORIC HOME WITH WATER VIEWS! Located on charming Chestnut Street, this 2-3 bedroom home has oak and heart pine floors, 2 fps, large master with sitting room, family room overlooking garden, and dumb waiter! Delightful flower garden with pond and back alley access. Front porch overlooks creek and covered bridge. Steps from the waterfront park and downtown!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Front Loading, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Range Hood, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked
  • Interior Amenities: Kitchen - Country, Combination Kitchen/Living, Kitchen - Island, Kitchen - Table Space, Dining Area, Primary Bath(s), Built-Ins, Chair Railings, Crown Moldings, Window Treatments, Upgraded Countertops, Wood Floors, Whirlpool/Hottub, Recessed Lighting, Floor Plan - Traditional
  • Window Features: Atrium, Double Pane, Insulated, Screens, Skylights
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Entry Location: Hall
  • Foundation Details: Crawl Space, Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Foyer, Study, Laundry, Workshop, Attic
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 118

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Cedar
  • Construction Completed: No
  • Exterior Features: Sidewalks, Satellite Dish
  • Road Surface Type: Black Top
  • Roof: Shingle
  • View: Water, Garden/Lawn, Street
  • Water Access: Yes
  • Water Body Name: SAN DOMINGO CREEK
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground, Dsl Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 207720.00
  • Land Assessed Value: 300000.00
  • Lot Features: Landscaping, Pond, Vegetation Planting, Private
  • Lot Size Acres: 0.10
  • Lot Size Area: 4440
  • Lot Dimensions: LotWidth:37 X LotDepth:120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4440.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2010
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5381.83
  • Assessor Parcel Number: 2102065584
  • Tax Total Finished Sq Ft: 1952
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 06/19/2012

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2010
Closed on
Jun 15, 2012
Sold by
Knepper James W and Knepper Janet D
Bought by
Sulkala Matthew L and Fisher Margaret L
Seller's Agent
Marie Wroten
Benson & Mangold, LLC
Buyer's Agent
Margaret Retallack
Coldwell Banker Chesapeake Real Estate Company
List Price
$429,000
Sold Price
$380,100
Premium/Discount to List
-$48,900
-11.4%
Current Estimated Value
$816,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,865
Avg. Annual Appreciation
5.97%
Original Mortgage
$360,000
Outstanding Balance
$250,677
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$566,288

Purchase Details

Closed on
Dec 23, 1994
Sold by
Crowle R James and Crowle Janet B
Bought by
Knepper James W and And Janet D

Purchase Details

Closed on
Nov 21, 1990
Sold by
Roe Donald E and Roe Ann M
Bought by
Crowle Crowle R and Crowle Janet B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
10.02%
Source: Public Records

Range of Values:

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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
Sulkala Matthew L $380,100 Eastern Shore Title Company
Knepper James W $128,000 --
Crowle Crowle R $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Margaret L $120,000
Open Sulkala Matthew L $360,000
Previous Owner Knepper James W $400,000
Previous Owner Drobnick Anthony J $135,300
Previous Owner Knepper James W $75,000
Previous Owner Crowle Crowle R $86,250
Closed Knepper James W --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2012 06/19/12 Sold $380,100 +1.4% --
05/02/2012 05/02/12 Pending -- -- --
04/25/2012 04/25/12 Price Changed $375,000 -9.0% --
03/03/2012 03/03/12 Price Changed $412,000 -4.0% --
02/16/2012 02/16/12 For Sale $429,000 0.0% --
12/09/2011 12/09/11 For Sale $429,000 0.0% --
10/20/2011 10/20/11 Pending -- -- --
10/19/2011 10/19/11 Pending -- -- --
09/27/2011 09/27/11 Price Changed $429,000 -4.2% --
08/29/2011 08/29/11 Price Changed $448,000 -4.3% --
05/12/2011 05/12/11 Price Changed $468,000 -8.9% --
03/23/2011 03/23/11 Price Changed $514,000 -5.5% --
01/05/2011 01/05/11 Price Changed $544,000 -2.7% --
09/22/2010 09/22/10 For Sale $559,000 -- --
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 $6,345 $532,700 $288,700 $244,000
2024 $6,345 $513,867 $0 $0
2023 $5,879 $495,033 $0 $0
2022 $5,460 $476,200 $288,700 $187,500
2021 $4,959 $456,400 $0 $0
2020 $4,959 $436,600 $0 $0
2019 $4,734 $416,800 $225,000 $191,800
2018 $4,493 $402,933 $0 $0
2017 $4,201 $389,067 $0 $0
2016 $3,611 $375,200 $0 $0
2015 $1,861 $375,200 $0 $0
2014 $1,861 $375,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005027236

Bright MLS

APN: 02-065584