NOT LISTED FOR SALE

1228 S Talbot St Saint Michaels, MD 21663

Estimated Value: $5,793,280

-- Bed
-- Bath
48,886 Sq Ft
$119/Sq Ft Est. Value

About This Home

This home is located at 1228 S Talbot St, Saint Michaels, MD 21663 and is currently estimated at $5,793,280, approximately $118 per square foot. 1228 S Talbot St is a home located in Talbot County with nearby schools including St. Michaels Elementary School, St. Michaels Middle/High School, and Easton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2012
Sold by
Ruff Motel Inc
Bought by
Destination Lodging Llc
Current Estimated Value
$5,793,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,720,000
Outstanding Balance
$1,867,557
Interest Rate
3.86%
Mortgage Type
Commercial
Estimated Equity
$3,925,723

Purchase Details

Closed on
Dec 19, 1986
Sold by
Ruff Harold J
Bought by
St. Michaels Motor Inn, Inc.
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Destination Lodging Llc $2,900,000 Eastern Shore Title Company
St. Michaels Motor Inn, Inc. $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Destination Lodging Llc $2,720,000
Source: Public Records

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 $40,900 $4,704,600 $1,060,500 $3,644,100
2024 $40,900 $4,569,333 $0 $0
2023 $37,599 $4,434,067 $0 $0
2022 $33,839 $4,298,800 $1,060,500 $3,238,300
2021 $25,480 $3,864,467 $0 $0
2020 $25,480 $3,430,133 $0 $0
2019 $22,254 $2,995,800 $1,060,500 $1,935,300
2018 $21,513 $2,995,800 $1,060,500 $1,935,300
2017 $20,455 $2,995,800 $0 $0
2016 $20,608 $3,206,800 $0 $0
2015 $18,758 $3,206,800 $0 $0
2014 $18,758 $3,206,800 $0 $0
Source: Public Records

Map

Maryland Talbot County Saint Michaels 21663

1228 S Talbot St, Saint Michaels, MD

This home is located at 1228 S Talbot St, Saint Michaels, MD 21663 and is currently estimated at $5,793,280, approximately $118 per square foot. 1228 S Talbot St is a home located in Talbot County with nearby schools including St. Michaels Elementary School, St. Michaels Middle/High School, and Easton High School.

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