207 E Chestnut St Saint Michaels, MD 21663
Estimated Value: $1,237,000 - $1,428,000
5
Beds
4
Baths
2,728
Sq Ft
$491/Sq Ft
Est. Value
Highlights
- Loft
- Den
- Tankless Water Heater
- No HOA
- Living Room
- 1-minute walk to Saint Marys Square
About This Home
As of November 2020A unique opportunity to own a "new" home in the heart of the Historic District. Built in 2002 on the site of an 1850 home, this 3 story, 5 BR home combines the charm of the old with modern amenities. Reclaimed beams from the original structure can be found in the kitchen and den/office. A great room combining living and dining has wood floors and a beautiful PA field stone fireplace flanked by built in cabinetry. Owner's suite has private bath, dressing area w/ 2 walk-in closets. 4 additional BRs plus a loft/office/multi-purpose room. Private, fenced backyard, nicely landscaped with stone patio. Close to the water and many amenities of this charming Eastern Shore town.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,325
Year Built
- Built in 2002
Lot Details
- 2,640 Sq Ft Lot
- Lot Dimensions are 44.00 x 60.00
- Historic Home
Parking
- On-Street Parking
Interior Spaces
- 2,728 Sq Ft Home
- Property has 3 Levels
- Stone Fireplace
- Gas Fireplace
- Living Room
- Dining Room
- Den
- Loft
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
Schools
- St. Michaels Elementary And Middle School
- St. Michaels High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Leased Propane
- Tankless Water Heater
Community Details
- No Home Owners Association
- St. Michaels Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 02-062933
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 3, 2021
Sold by
Estes Gerald M and Revocable Mgmt Tr Of Geraldmar
Bought by
Estes Gerald M and The Revocable Management Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,000
Outstanding Balance
$504,962
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$838,195
Purchase Details
Listed on
Jun 13, 2019
Closed on
Nov 11, 2020
Sold by
Ellis Patricia D and Patricia D Ellis Trust
Bought by
Estes Gerald M and 2009 Rev Mgmt Tr Of Gerald Mar
Seller's Agent
Wink Cowee
Benson & Mangold, LLC
Buyer's Agent
Peter Heller
Coldwell Banker Chesapeake Real Estate Company
List Price
$849,000
Sold Price
$835,000
Premium/Discount to List
-$14,000
-1.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%
Purchase Details
Closed on
Feb 7, 2020
Sold by
Ellis Patricia D
Bought by
Ellis Patricia D and The Patricia D Ellis Trust
Purchase Details
Closed on
Feb 10, 2004
Sold by
Ellis James Smith Trustee
Bought by
Ellis James S Trustee
Purchase Details
Closed on
Jul 9, 2002
Sold by
Ellis James Smith
Bought by
Ellis James Smith Trustee
Purchase Details
Closed on
Aug 14, 2001
Sold by
Walker Gloria D
Bought by
Trafton Robert C and Trafton Patricia M
Purchase Details
Closed on
Sep 5, 1996
Sold by
Brooks Margaret W
Bought by
Walker Gloria D
Purchase Details
Closed on
Jan 31, 1995
Sold by
Jump Betty J
Bought by
Brooks Margaret W
Similar Home in Saint Michaels, MD
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Estes Gerald M | -- | Eastern Shore Title Co | |
| Estes Gerald M | $835,000 | First American Title Ins Co | |
| Ellis Patricia D | -- | None Available | |
| Ellis Patricia D | -- | None Available | |
| Ellis James S Trustee | -- | -- | |
| Ellis James Smith Trustee | -- | -- | |
| Ellis James Smith | $530,000 | -- | |
| Trafton Robert C | $115,000 | -- | |
| Walker Gloria D | $62,000 | -- | |
| Brooks Margaret W | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Estes Gerald M | $549,000 | |
| Previous Owner | Ellis James S | $229,000 | |
| Previous Owner | Ellis James S | $230,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/12/2020 11/12/20 | Sold | $835,000 | +4.5% | $306 / Sq Ft |
| 09/13/2020 09/13/20 | Pending | -- | -- | -- |
| 08/03/2020 08/03/20 | Price Changed | $799,000 | -5.9% | $293 / Sq Ft |
| 04/27/2020 04/27/20 | Price Changed | $849,000 | 0.0% | $311 / Sq Ft |
| 04/27/2020 04/27/20 | For Sale | $849,000 | +1.7% | $311 / Sq Ft |
| 03/21/2020 03/21/20 | Off Market | $835,000 | -- | -- |
| 06/13/2019 06/13/19 | For Sale | $899,000 | -- | $330 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $9,608 | $778,200 | $0 | $0 |
| 2023 | $8,456 | $712,000 | $0 | $0 |
| 2022 | $7,404 | $645,800 | $275,000 | $370,800 |
| 2021 | $7,216 | $643,567 | $0 | $0 |
| 2020 | $4,740 | $641,333 | $0 | $0 |
| 2019 | $4,697 | $639,100 | $275,000 | $364,100 |
| 2018 | $4,444 | $623,600 | $0 | $0 |
| 2017 | $4,086 | $608,100 | $0 | $0 |
| 2016 | $3,970 | $592,600 | $0 | $0 |
| 2015 | $4,292 | $592,600 | $0 | $0 |
| 2014 | $4,292 | $592,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Wink Cowee
Seller's Agent in 2020
Wink Cowee
Benson & Mangold, LLC
(410) 310-0208
67 Total Sales
-
Peter Heller
Buyer's Agent in 2020
Peter Heller
Coldwell Banker Chesapeake Real Estate Company
(410) 708-3301
135 Total Sales
Map
Source: Bright MLS
MLS Number: MDTA135558
APN: 02-062933
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