NOT LISTED FOR SALE

24334 Old House Cove Rd Saint Michaels, MD 21663

Estimated Value: $1,809,000 - $3,396,000

3 Beds
4.5 Baths
-- Sq Ft
12.52 Acres

Last Sold December 13, 2013

Last sale price $2,800,000

Est. 6% decrease in value since last sale

Current estimated payment $15,768/month

130 Days on Market

Highlights

  • 1,500 Feet of Waterfront
  • Pier
  • Barn
  • 1 Boat Dock
  • Guest House
  • Cabana

About This Home

As of December 2013

Sited on a point of land with 12+ private acres and located just outside historic St. Michaels on San Domingo Creek, this waterfront estate has been impeccably maintained and has outstanding amenities incl. a guesthouse, pool, pool house, barn, dock with two boat lifts, deep water and rip rapped shoreline. The stately drive and mature trees complete the feel of the classic Eastern Shore compound.

Last Agent to Sell the Property

Carolina Barksdale

Benson & Mangold, LLC License #575707 Listed on: 06/07/2013

Benson & Mangold, LLC

Co-Listed By

Schuyler Benson

Benson & Mangold, LLC

Last Buyer's Agent

Wink Cowee

Benson & Mangold, LLC

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,786

Year Built

  • Built in 1970 | Remodeled in 2003

Lot Details

  • 12.52 Acre Lot
  • 1,500 Feet of Waterfront
  • Home fronts navigable water
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Property is in very good condition
  • Property is zoned W2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • HardiePlank Type

Interior Spaces

  • Property has 2 Levels
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • 2 Fireplaces
  • Fireplace Mantel
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Library
  • Game Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Water Views
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Cabana
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Pier
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • 3 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Patio
  • Terrace
  • Outbuilding
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Vented Exhaust Fan
  • Underground Utilities
  • Well
  • Oil Water Heater
  • Septic Tank

Additional Features

  • Guest House
  • Barn

Community Details

  • No Home Owners Association
  • St. Michaels Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2102077264

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,786

Year Built

Built in 1970 | Remodeled in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1970
  • Year Renovated: 2003
  • Remarks Public: Sited on a point of land with 12+ private acres and located just outside historic St. Michaels on San Domingo Creek, this waterfront estate has been impeccably maintained and has outstanding amenities incl. a guesthouse, pool, pool house, barn, dock with two boat lifts, deep water and rip rapped shoreline. The stately drive and mature trees complete the feel of the classic Eastern Shore compound.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Exhaust Fan, Icemaker, Microwave, Oven - Single, Oven/Range - Electric, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Washer
  • Interior Amenities: Attic, Breakfast Area, Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Built-Ins, Chair Railings, Upgraded Countertops, Crown Moldings, Window Treatments, Entry Level Bedroom, Wood Floors
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Library, Foyer, Breakfast Room, Study, Sun/Florida Room, Great Room, Laundry, Mud Room, Office, Storage Room, Utility Room, Efficiency (Additional), Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 24334

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Cabana/Pool House, Guest House, Barn
  • Construction Materials: Brick, Hardiplank Type
  • Dock Type: Pier (Perpendicular)
  • Exterior Features: Outside Shower, Outbuilding(s)
  • Pool Features: In Ground
  • View: Water
  • Water Access: Yes
  • Water Body Name: SAN DOMINGO CREEK
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 1500

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Zoned
  • Heating Fuel: Electric, Oil
  • Heating Type: Forced Air, Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric, Oil, Instant Hot Water
  • Sewer/Septic System: Septic Exists
  • Utilities: Under Ground
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 649400.00
  • Land Assessed Value: 1305200.00
  • Lot Features: Landscaping, Secluded, Private
  • Lot Size Acres: 12.52
  • Lot Size Area: 545371
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 545371.00
  • Outdoor Living Structures: Patio(s), Porch(es), Terrace
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: W2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5292698
  • Tax Annual Amount: 11786.24
  • Assessor Parcel Number: 2102077264
  • Tax Total Finished Sq Ft: 5342
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 12/13/2013

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2013
Closed on
Dec 13, 2013
Sold by
Davis Anthony R
Bought by
Sullivan Neal E and Sullivan Constance H
Seller's Agent
Carolina Barksdale
Benson & Mangold, LLC
Buyer's Agent
Wink Cowee
Benson & Mangold, LLC
List Price
$3,000,000
Sold Price
$2,800,000
Premium/Discount to List
-$200,000
-6.67%
Current Estimated Value
$2,630,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$169,667
Avg. Annual Appreciation
-0.53%
Original Mortgage
$2,240,000
Outstanding Balance
$1,627,882
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,002,451

Purchase Details

Closed on
Mar 10, 1999
Sold by
Morgan Caroline T Trustee
Bought by
Davis Anthony R

Purchase Details

Closed on
Sep 1, 1994
Sold by
Morgan Caroline T
Bought by
Morgan Caroline T Trustee
Source: Public Records

Range of Values:

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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
Sullivan Neal E $2,800,000 Eastern Shore Title Company
Davis Anthony R $760,000 --
Morgan Caroline T Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Neal E $2,240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2013 12/13/13 Sold $2,800,000 -6.7% --
10/15/2013 10/15/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $3,000,000 -- --
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 $17,561 $2,062,600 $1,105,100 $957,500
2024 $17,561 $1,948,500 $0 $0
2023 $15,675 $1,834,400 $0 $0
2022 $13,662 $1,720,300 $1,005,100 $715,200
2021 $13,129 $1,707,333 $0 $0
2020 $12,706 $1,694,367 $0 $0
2019 $12,610 $1,681,400 $1,005,100 $676,300
2018 $12,194 $1,681,400 $1,005,100 $676,300
2017 $11,601 $1,681,400 $0 $0
2016 $11,325 $1,743,500 $0 $0
2015 $10,918 $1,743,600 $0 $0
2014 $10,918 $1,743,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003554270

Bright MLS

APN: 02-077264