NOT LISTED FOR SALE

227 Madison Ave Saint Michaels, MD 21663

Saint Michaels Area

Estimated Value: $1,097,000 - $1,449,000

5 Beds
3 Baths
2,286 Sq Ft
$556/Sq Ft Est. Value

Sale Details

Date Sold: January 5, 2018

Last sale price $750,000 $328 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,536 / mo

343 Days on Market

Highlights

  • 130 Feet of Waterfront
  • Pier
  • 0.57 Acre Lot
  • 2 Dock Slips
  • Boat or Launch Ramp
  • Contemporary Architecture

About This Home

As of January 2018

A must see! breath taking water views of spencer creek, close proximity to historic downtown St. Michaels, two master bedrooms one of which has a private entry from waterside and both with full baths, large enclosed screened porch with cathedral ceiling, pier with boat lift and ramp, attached garage, public water and sewer, electric heat pump, mud room, easy to maintain, perfect weekend getaway.

Last Agent to Sell the Property

Joseph Riccio

(410) 770-9495 joe@maritimeproperties.us Maritime Properties LLC Listed on: 01/27/2017

Last Buyer's Agent

Marla Baines

(410) 745-8060 mre@goeaston.net Meredith Fine Properties License #525334

Meredith Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,994

Year Built

  • Built in 1956

Lot Details

  • 24,940 Sq Ft Lot
  • 130 Feet of Waterfront

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Shake Siding

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Dining Area
  • Water Views

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Pier
  • Water Access
  • River Nearby
  • Electric Hoist or Boat Lift
  • Boat or Launch Ramp
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Rio Vista Subdivision

Listing and Financial Details

  • Tax Lot 6 R
  • Assessor Parcel Number 2102070596

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,994

Year Built

Built in 1956

Lot Details

0.57 Acres

HOA Fees

$4 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1956
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Construction Materials: Shake Siding
  • Dock Type: Pier (Perpendicular)
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: MILES RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 130

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 283600.00
  • Land Assessed Value: 322400.00
  • Lot Size Acres: 0.57
  • Lot Size Area: 24940
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24940.00
  • Property Attached Yn: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5292132
  • Tax Annual Amount: 3994.15
  • Assessor Parcel Number: 2102070596
  • Tax Lot: 6 R
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Dock Slip Conveyance: Deeded
  • Waterfront Features: Boat/Launch Ramp

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2018
Sold by
Bought by
Current Estimated Value
$1,272,062

Purchase Details

Closed on
Apr 5, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
0.039%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 4, 2017
Sold by
Bought by

Purchase Details

Closed on
Sep 18, 2002
Sold by
Bought by

Purchase Details

Closed on
Aug 27, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 19, 1986
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$750,000 --
$750,000 Eastern Store Title Co
-- --
$253,000 --
$135,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $455,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/05/2018 01/05/18 Sold $750,000 -5.1% $328 / Sq Ft
01/27/2017 01/27/17 For Sale $790,000 -- $346 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,207 $794,500 $414,400 $380,100
2024 $6,882 $768,867 $0 $0
2023 $6,302 $743,233 $0 $0
2022 $5,649 $717,600 $414,400 $303,200
2021 $5,360 $703,533 $0 $0
2020 $5,122 $689,467 $0 $0
2019 $5,017 $675,400 $368,300 $307,100
2018 $4,644 $652,267 $0 $0
2017 $3,994 $629,133 $0 $0
2016 $3,894 $606,000 $0 $0
2015 $3,993 $606,000 $0 $0
2014 $3,993 $606,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Riccio

    Seller's Agent in 2018

    Joseph Riccio

    Maritime Properties LLC

    (410) 770-9495

    8 Total Sales

    Joseph Riccio
    Section Image

  • M

    Buyer's Agent in 2018

    Marla Baines

    Meredith Fine Properties

    (410) 924-1980

    31 Total Sales

    Marla Baines
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003265307

Bright MLS

APN: 02-070596

Maryland Talbot County Saint Michaels 21663

227 Madison Ave, Saint Michaels, MD

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