NOT LISTED FOR SALE

233 Madison Ave Saint Michaels, MD 21663

Estimated Value: $538,000 - $673,000

2 Beds
2.5 Baths
1,482 Sq Ft
$408/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $490,000 $331 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,437/month

5 Days on Market

Highlights

  • Spa
  • 0.89 Acre Lot
  • Deck
  • River View
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of October 2021

Welcome to St. Michaels! The perfect opportunity to enjoy all the amenities of this wonderful location awaits you in this perfectly adorable, updated 2 bedroom, 2.5 bathroom one level home, located in the waterfront community of Rio Vista. A light filled living room with a vaulted ceiling is open to the updated cook’s kitchen, with granite counters, soft close cabinetry, and a large island with a breakfast bar. Relax or dine in the fabulous family room with 3 walls of new windows overlooking the lovely yard with access to the large deck. Get away from it all in the two ensuite bedrooms. Gather with family and friends for outdoor dining on the large deck with a privacy wall or relax and unwind in the hot tub. Enjoy the many thoughtful updates inside and out, including a new roof, soffits and gutter shields, and attractive vinyl board and batten exterior. The attached oversized 2-car garage provides flexible space to have a play room or workshop. The large double .89 acre lot offers the potential for expansion or an addition of a pool. The community pier is perfect for taking advantage of the many water sports in the area, with available slips for annual rental. Just a short stroll to all the restaurants and shops of downtown. Eastern Shore living beckons!

Last Agent to Sell the Property

Trey Rider

(443) 786-0235 treyrider@gmail.com TTR Sotheby's International Realty License #661476 Listed on: 09/23/2021

TTR Sotheby's International Realty

Last Buyer's Agent

Christopher Clinton

(410) 443-6340 chrisclinton@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company License #674040

Coldwell Banker Chesapeake Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,055

Year Built

  • Built in 1955

Lot Details

  • 0.89 Acre Lot
  • Property has an invisible fence for dogs
  • Property is in excellent condition

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,482 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Family Room Off Kitchen
  • Living Room
  • River Views

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Front Loading Washer

Outdoor Features

  • Spa
  • Deck
  • Shed
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include pier/dock maintenance
  • Rio Vista Community Association, Inc. HOA
  • Rio Vista Subdivision

Listing and Financial Details

  • Tax Lot 9 R
  • Assessor Parcel Number 2102077841

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,055

Year Built

Built in 1955

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-09-24
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Oven/Range - Electric, Stainless Steel Appliances, Washer - Front Loading, Dryer, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Skylight(s), Upgraded Countertops, Wood Floors
  • Window Features: Skylights
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Total Sq Ft: 1482
  • Living Area Sq Ft: 1482
  • Price Per Sq Ft: 337.38
  • Above Grade Finished Sq Ft: 1482
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding, Wood Siding
  • Exterior Features: Hot Tub, Gutter System
  • Roof: Architectural Shingle
  • View: River
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Pier/Dock Maintenance
  • HOA Name: RIO VISTA COMMUNITY ASSOCIATION, INC.
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Invisible
  • Improvement Assessed Value: 110600.00
  • Land Assessed Value: 202400.00
  • Lot Size Acres: 0.89
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 38950.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5292746
  • Tax Annual Amount: 2055.00
  • Assessor Parcel Number: 2102077841
  • Tax Lot: 9 R
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Oct 29, 2021
Sold by
Cooper Joshua A and Rogers Isabelle L
Bought by
Katz Andrew Martin and Katz Christine
Seller's Agent
Trey Rider
TTR Sotheby's International Realty
Buyer's Agent
Christopher Clinton
Coldwell Banker Chesapeake Real Estate Company
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%
Current Estimated Value
$613,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,609
Avg. Annual Appreciation
5.09%
Original Mortgage
$392,000
Outstanding Balance
$358,648
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$246,229

Purchase Details

Listed on
Jun 13, 2016
Closed on
Jul 26, 2016
Sold by
Amilar Eola Llc
Bought by
Cooper Joshua A and Rogers Isabelle L
Seller's Agent
Mark McGuire
Benson & Mangold, LLC
Buyer's Agent
Trey Rider
TTR Sotheby's International Realty
List Price
$259,000
Sold Price
$259,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%
Original Mortgage
$233,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2011
Sold by
Rmb Investments Llc
Bought by
Amilar Eola Llc

Purchase Details

Closed on
Feb 27, 2009
Sold by
Vincent William C
Bought by
Rmb Investments Llc

Purchase Details

Closed on
Nov 14, 1996
Sold by
Eby Marjorie R
Bought by
Vincent William C and Vincent Karen P

Purchase Details

Closed on
Nov 13, 1995
Sold by
Eby Harry J and Eby Marjorie R
Bought by
Eby Marjorie R
Source: Public Records
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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
Katz Andrew Martin $490,000 Eastern Shore Title Company
Cooper Joshua A $259,000 Eastern Shore Title Company
Amilar Eola Llc $185,000 Talbot Title Company Inc
Rmb Investments Llc $405,000 --
Vincent William C $123,000 --
Eby Marjorie R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katz Andrew Martin $392,000
Previous Owner Cooper Joshua A $233,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2021 10/29/21 Sold $490,000 -2.0% $331 / Sq Ft
09/23/2021 09/23/21 For Sale $500,000 +93.1% $337 / Sq Ft
07/26/2016 07/26/16 Sold $259,000 0.0% $175 / Sq Ft View Prior Sale
06/16/2016 06/16/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $259,000 -- $175 / 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 $2,955 $424,400 $202,400 $222,000
2024 $2,875 $387,267 $0 $0
2023 $2,689 $350,133 $0 $0
2022 $2,464 $313,000 $202,400 $110,600
2021 $4,476 $293,700 $0 $0
2020 $2,056 $274,400 $0 $0
2019 $1,895 $255,100 $155,200 $99,900
2018 $1,742 $255,100 $155,200 $99,900
2017 $1,705 $255,100 $0 $0
2016 $1,663 $258,700 $0 $0
2015 $1,675 $258,700 $0 $0
2014 $1,675 $258,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA2000772

Bright MLS

APN: 02-077841