NOT LISTED FOR SALE

237 Madison Ave Saint Michaels, MD 21663

Estimated Value: $402,002 - $488,000

3 Beds
1.5 Baths
1,248 Sq Ft
$350/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $165,000 $132 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,405/month

44 Days on Market

Highlights

  • 0.4 Acre Lot
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Rambler Architecture
  • Eat-In Kitchen

About This Home

As of October 2016

Located in the water access community of Rio Vista on a large lot this rancher has plenty of possibilities. Nice backyard with mature trees front and back along with storage shed

Last Agent to Sell the Property

Randy Staats

(410) 924-7207 rstaatsfax@gmail.com Benson & Mangold, LLC License #300239 Listed on: 07/08/2016

Benson & Mangold, LLC

Last Buyer's Agent

Nancy Torney

(443) 223-6200 ninatorney@gmail.com Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,139

Year Built

  • Built in 1963

Lot Details

  • 0.4 Acre Lot

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Block Foundation
  • Cedar

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • Rio Vista Subdivision

Listing and Financial Details

  • Tax Lot 11 R
  • Assessor Parcel Number 2102068303

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,139

Year Built

Built in 1963

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1963
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Cooktop, Dishwasher, Exhaust Fan, Oven - Wall, Refrigerator, Washer
  • Interior Amenities: Kitchen - Table Space
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Cedar
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 25.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 72100.00
  • Land Assessed Value: 103600.00
  • Lot Size Acres: 0.40
  • Lot Size Area: 17580
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17580.00
  • Property Attached Yn: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5291930
  • Tax Annual Amount: 1138.54
  • Assessor Parcel Number: 2102068303
  • Tax Lot: 11 R
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2016
Closed on
Oct 14, 2016
Sold by
Higham Susan Flora
Bought by
Bell Leah and Torney Nancy L
Seller's Agent
Randy Staats
Benson & Mangold, LLC
Buyer's Agent
Nancy Torney
Coldwell Banker Realty
List Price
$160,000
Sold Price
$165,000
Premium/Discount to List
$5,000
3.12%
Current Estimated Value
$436,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,251
Avg. Annual Appreciation
11.03%

Purchase Details

Closed on
Oct 29, 2001
Sold by
Julian Lori
Bought by
Higham Susan Flora

Purchase Details

Closed on
Nov 6, 2000
Sold by
Ascher Michael E
Bought by
Julian Lori

Purchase Details

Closed on
Oct 9, 1992
Sold by
Roe Donald E and Roe Ann M
Bought by
Ascher Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bell Leah $165,000 United Title & Escrow Inc
Higham Susan Flora $143,900 --
Julian Lori $129,000 --
Ascher Michael E $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ascher Michael E $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $165,000 +3.1% $132 / Sq Ft
08/21/2016 08/21/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $160,000 0.0% $128 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $160,000 0.0% $128 / Sq Ft
08/01/2014 08/01/14 Rented $1,100 -8.3% --
07/03/2014 07/03/14 Under Contract -- -- --
06/06/2014 06/06/14 For Rent $1,200 -- --
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 $1,649 $218,300 $116,600 $101,700
2024 $1,618 $209,567 $0 $0
2023 $1,525 $200,833 $0 $0
2022 $1,408 $192,100 $116,600 $75,500
2021 $1,320 $187,600 $0 $0
2020 $1,320 $183,100 $0 $0
2019 $1,315 $178,600 $103,600 $75,000
2018 $1,270 $177,633 $0 $0
2017 $1,206 $176,667 $0 $0
2016 $1,129 $175,700 $0 $0
2015 $1,175 $175,700 $0 $0
2014 $1,175 $175,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003750797

Bright MLS

APN: 02-068303