NOT LISTED FOR SALE

203 Cherry St Saint Michaels, MD 21663

Estimated Value: $1,161,000 - $1,593,000

4 Beds
4 Baths
2,090 Sq Ft
$686/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $1,062,500 $508 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,766/month

25 Days on Market

Highlights

  • Guest House
  • Canoe or Kayak Water Access
  • Curved or Spiral Staircase
  • Home fronts navigable water
  • Harbor Views
  • 3-minute walk to Muskrat Park

About This Home

As of December 2020

Welcome to The Snuggery! The oldest home in St. Michaels, fully renovated while still retaining the historic charm. This turn-key property is a must see! Located in Historic St. Michaels, with views of the Harbor and just steps from Main Street where you can experience all St. Michaels has to offer. This home features 4 en suite bedrooms, 2 with their own sitting rooms, 3 fireplaces, dining room, completely new gourmet kitchen, family room, sitting room, laundry room, walk-in closet, and beautiful hardwood floors throughout. Designer decorated and fully furnished. Professionally landscaped with a backyard slate patio and brick walkways. In addition- this property has a detached building that already has approval for a studio apartment. Currently, used for storage, the detached building has electric, water, and one bathroom. Perfect guest house, rental, office, studio, workshop, etc. The Snuggery comes with a B&B license. Showings by appointment only. Buyers agents must be present.

Last Agent to Sell the Property

Tracy Higgs-Wagner

(410) 310-5581 tracyhiggswagner@gmail.com Meredith Fine Properties License #662529 Listed on: 10/01/2020

Meredith Fine Properties

Last Buyer's Agent

Jana Meredith

(443) 235-3404 jana@goeaston.net Meredith Fine Properties License #631316

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,255

Year Built

  • Built in 1665 | Remodeled in 2020

Lot Details

  • 5,120 Sq Ft Lot
  • Home fronts navigable water
  • Downtown Location
  • Northeast Facing Home
  • Sprinkler System
  • Historic Home
  • Property is in excellent condition
  • Property is zoned R2

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Cottage
  • Log Walls
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,090 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Curved or Spiral Staircase
  • Dual Staircase
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Marble Fireplace
  • Double Pane Windows
  • Double Hung Windows
  • Casement Windows
  • Family Room Off Kitchen
  • Open Floorplan
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Harbor Views
  • Flood Lights

Kitchen

  • Built-In Oven
  • Gas Oven or Range
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • Cedar Closet
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • Public Water Access
  • Property Near A Cove
  • Powered Boats Permitted
  • Patio
  • Exterior Lighting
  • Office or Studio
  • Shed
  • Outbuilding
  • Porch

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Radiator
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • 60 Gallon+ Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Saint Michaels Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2102087049

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,255

Year Built

Built in 1665 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Cottage
  • Ownership: Fee Simple
  • Historic: Yes
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1665
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven - Wall, Oven/Range - Gas, Range Hood, Stainless Steel Appliances, Washer
  • Flooring Type: Hardwood
  • Interior Amenities: Additional Stairway, Cedar Closet(s), Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Recessed Lighting, Spiral Staircase, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Double Hung, Double Pane, Casement
  • Fireplace Features: Wood, Marble
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Log Walls
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2090
  • Living Area Sq Ft: 2090
  • Price Per Sq Ft: 476.08
  • Above Grade Finished Sq Ft: 2090
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Guest House, Shed Shop, Office/Studio
  • Construction Materials: Stick Built
  • Exterior Features: Exterior Lighting, Flood Lights, Outbuilding(s), Sidewalks, Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • Spa: No
  • View: Harbor, Street
  • Water Access Features: Public Access, Canoe/Kayak, Boat - Powered
  • Water Access: Yes
  • Water Body Name: Saint Michaels Harbor
  • Water Body Type: Cove
  • 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: Oil
  • Heating Type: Central, Radiator
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 268100.00
  • Land Assessed Value: 253000.00
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5120.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Excellent
  • Zoning: R2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5293507
  • Tax Annual Amount: 6255.00
  • Assessor Parcel Number: 2102087049
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Dec 28, 2020
Sold by
Tlq Investments Llc
Bought by
Meier Michael J and Kimbrough Brooke E
Seller's Agent
Tracy Higgs-Wagner
Meredith Fine Properties
Buyer's Agent
Jana Meredith
Meredith Fine Properties
List Price
$995,000
Sold Price
$1,062,500
Premium/Discount to List
$67,500
6.78%
Current Estimated Value
$1,377,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,976
Avg. Annual Appreciation
6.07%
Original Mortgage
$1,062,500
Outstanding Balance
$948,118
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$485,374

Purchase Details

Listed on
Nov 19, 2019
Closed on
Jan 17, 2020
Sold by
Kennedy Phillip A and Kennedy Carolee
Bought by
Tlq Investments Llc
Seller's Agent
Glory Bee Costa
Keller Williams Select Realtors of Easton
Buyer's Agent
Tracy Higgs-Wagner
Meredith Fine Properties
List Price
$575,000
Sold Price
$725,000
Premium/Discount to List
$150,000
26.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.53%

Purchase Details

Closed on
Sep 28, 1987
Sold by
Mills Marguerite
Bought by
Kennedy Phillip A and Kennedy Carolee G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
11.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Meier Michael J $1,062,500 Title Excellence
Tlq Investments Llc $725,000 Real Estate Title & Escrow
Kennedy Phillip A $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meier Michael J $1,062,500
Previous Owner Kennedy Phillip A $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2020 12/28/20 Sold $1,062,500 +6.8% $508 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $995,000 +37.2% $476 / Sq Ft
01/17/2020 01/17/20 Sold $725,000 +26.1% $347 / Sq Ft View Prior Sale
12/10/2019 12/10/19 Pending -- -- --
11/19/2019 11/19/19 For Sale $575,000 -- $275 / 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 $7,359 $930,800 $364,400 $566,400
2024 $7,210 $818,867 $0 $0
2023 $6,868 $706,933 $0 $0
2022 $6,567 $595,000 $317,000 $278,000
2021 $12,791 $570,367 $0 $0
2020 $6,199 $545,733 $0 $0
2019 $5,194 $521,100 $253,000 $268,100
2018 $4,856 $504,533 $0 $0
2017 $4,428 $487,967 $0 $0
2016 $4,296 $471,400 $0 $0
2015 $4,720 $471,400 $0 $0
2014 $4,720 $471,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA139342

Bright MLS

APN: 02-087049