NOT LISTED FOR SALE

209 N Talbot St Saint Michaels, MD 21663

Estimated Value: $1,301,758

20 Beds
20 Baths
20,000 Sq Ft
$65/Sq Ft Est. Value

Last Sold January 13, 2020

Last sale price $3,200,000 $160 Per Sq Ft

Current estimated payment $7,695/month

516 Days on Market

Highlights

  • Private Pool
  • Colonial Architecture
  • 20 Fireplaces
  • 0.7 Acre Lot
  • Attic
  • 2-minute walk to Muskrat Park

About This Home

As of January 2020

Five Gables Inn & Spa - Lovely Expandable Commercial Hotel (currently 20 rooms) Nestled in St Michaels, Maryland - Talbot County - 45 minutes Bay Bridge, 1 1/2 hr Baltimore, Washington, Philadelphia - 4 hrs driving distance from largest population base in America. OPPORTUNITY to acquire a well-performing Inn in an upscale prospering market - Extremely high barriers to entry - Ownership downsizing

Last Agent to Sell the Property

Jonathan Ginn

(410) 310-4966 ginn@goeaston.net Meredith Fine Properties License #47046 Listed on: 06/02/2018

Last Buyer's Agent

Jonathan Ginn

(410) 310-4966 ginn@goeaston.net Meredith Fine Properties License #47046 Listed on: 06/02/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,969

Year Built

  • Built in 1900

Lot Details

  • 0.7 Acre Lot
  • Property is in very good condition

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 20,000 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • 20 Fireplaces
  • Attic

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Geothermal Heating and Cooling
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Private Pool

Community Details

  • No Home Owners Association
  • St Michaels HOA
  • St Michaels Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 30
  • Assessor Parcel Number 2102062852

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,969

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Federal Flood Insurance: Unknown
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1900
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic
  • Fireplaces Count: 20
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 20000
  • Living Area Sq Ft: 20000
  • Price Per Sq Ft: 197.50
  • Above Grade Finished Sq Ft: 20000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 20
  • Main Level Bedrooms: 10
  • Total Bathrooms: 20
  • Full Bathrooms: 20
  • Main Level Bathrooms: 10.00
  • Upper Level Bathrooms: 10
  • Upper Level Bathrooms: 10.00
  • Main Level Full Bathrooms: 10

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Geo-Thermal
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Name: ST MICHAELS
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 806000.00
  • Land Assessed Value: 597900.00
  • Lot Size Acres: 0.70
  • Lot Size Area: 30617
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 30617.00
  • Property Condition: Very Good
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 12968.75
  • Assessor Parcel Number: 2102062852
  • Tax Lot: 30
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2010
Sold by
Wood Susan
Bought by
209 S Talbot Street
Current Estimated Value
$1,301,758

Purchase Details

Closed on
Mar 25, 2004
Sold by
Wood Susan
Bought by
Wood Susan Trustee

Purchase Details

Closed on
Sep 3, 1999
Sold by
Hope Douglas S
Bought by
Wood Susan
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
209 S Talbot Street $700,000 --
Wood Susan Trustee -- --
Wood Susan $300,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2020 01/13/20 Sold $3,200,000 -19.0% $160 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
06/02/2018 06/02/18 For Sale $3,950,000 -- $198 / 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 $10,167 $840,400 $452,000 $388,400
2024 $10,167 $823,467 $0 $0
2023 $9,666 $806,533 $0 $0
2022 $9,053 $789,600 $452,000 $337,600
2021 $17,708 $789,600 $452,000 $337,600
2020 $9,050 $789,600 $452,000 $337,600
2019 $15,946 $799,400 $452,000 $347,400
2018 $8,668 $784,367 $0 $0
2017 $7,484 $769,333 $0 $0
2016 $7,226 $754,300 $0 $0
2015 $5,996 $750,867 $0 $0
2014 $5,996 $747,433 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Ginn

    Seller's Agent in 2020

    Jonathan Ginn

    Meredith Fine Properties

    (410) 310-4966

    Jonathan Ginn
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Map

Source: Bright MLS

MLS Number: 1001758812

Bright MLS

APN: 02-062615

Maryland Talbot County Saint Michaels 21663

209 N Talbot St, Saint Michaels, MD

Not Listed for Sale

Detached

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