NOT LISTED FOR SALE

24509 New Post Rd Saint Michaels, MD 21663

Estimated Value: $1,922,000 - $2,890,000

2.03 Acres
$1,119,774 Price per Acre
88,427 Sq Ft Lot

Last Sold October 30, 2015

Last sale price $445,000

Est. 411% increase in value since last sale

Current estimated payment $12,905/month

547 Days on Market

Highlights

  • 267 Feet of Waterfront
  • Property is near a creek
  • Creek or Stream
  • 2.03 Acre Lot

About This Lot

As of October 2015

Great waterfront property in wonderful location of Chance Hope Farm. Has plant mitigation plats and plantings plans from Lane Engineering which will be transferred to new owner. Perc approved with 267' of water front on Hambleton Cove and some views of The Miles too! Convenient to Harbourtowne Country Club and shops and restaurants in St. Michaels. Ready to build dream home. Reasonably priced!

Last Agent to Sell the Property

Amy Berry

(410) 310-0441 amy@talbotfinehomes.com Meredith Fine Properties License #525519 Listed on: 03/31/2014

Last Buyer's Agent

Elizabeth Foulds

(410) 924-1959 foulds@longandfoster.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,089

Lot Details

  • 2.03 Acre Lot
  • 267 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • No Building Permits

HOA Fees

  • $52 Monthly HOA Fees

Additional Features

  • Water Views
  • Property is near a creek
  • Site Evaluation on File

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 2102113724

Community Details

Overview

  • Chance Hope Subdivision

Recreation

  • Canoe or Kayak Water Access
  • Public Water Access
  • Personal Watercraft
  • Waterski or Wakeboard
  • Swimming Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$3,089

Lot Details

0

HOA Fees

$52 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 5.54

Exterior Features

  • Construction Completed: No
  • View: Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Personal Watercraft (PWC), Public Access, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: HAMBLETON COVE
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 267

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Site Evaluation On File

Condo/Co-op/Association

  • HOA Fees: 625.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Lot Size Acres: 2.03
  • Lot Size Area: 88427
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 88427.00
  • Possible Use: Residential
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3089.42
  • Assessor Parcel Number: 2102113724
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2022
Sold by
Caswell Leroy W
Bought by
Chance Hope Llc
Current Estimated Value
$2,273,142

Purchase Details

Listed on
Mar 31, 2014
Closed on
Oct 30, 2015
Sold by
Devou Gregory A and Byrd Devou Debra J
Bought by
Caswell Leroy W
Seller's Agent
Amy Berry
Meredith Fine Properties
Buyer's Agent
Elizabeth Foulds
Long & Foster Real Estate, Inc.
List Price
$520,000
Sold Price
$445,000
Premium/Discount to List
-$75,000
-14.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.50%

Purchase Details

Closed on
Oct 15, 2010
Sold by
Gillman Thomas E
Bought by
Devou Gregory Allen and Byrd Devou Debra Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2000
Sold by
Lindner Robert A
Bought by
Gillman Thomas E and Gillman Mary M

Purchase Details

Closed on
Dec 3, 1997
Sold by
Darby Real Estate Inc
Bought by
Lindner Robert A
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

Date Buyer Sale Price Title Company
Chance Hope Llc -- --
Chance Hope Llc -- None Listed On Document
Caswell Leroy W $445,000 Eastern Shore Title Company
Devou Gregory Allen $517,000 --
Gillman Thomas E $340,000 --
Lindner Robert A $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Devou Gregory Allen $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $445,000 -14.4% --
09/29/2015 09/29/15 Pending -- -- --
03/31/2014 03/31/14 For Sale $520,000 -- --
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 $11,168 $1,318,200 $601,000 $717,200
2024 $11,168 $1,247,733 $0 $0
2023 $9,983 $1,177,267 $0 $0
2022 $8,713 $1,106,800 $525,900 $580,900
2021 $8,232 $1,080,433 $0 $0
2020 $7,830 $1,054,067 $0 $0
2019 $7,634 $1,027,700 $450,700 $577,000
2018 $7,200 $1,002,667 $0 $0
2017 $2,462 $360,633 $0 $0
2016 $2,153 $335,600 $0 $0
2015 $2,750 $335,100 $0 $0
2014 $2,750 $335,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Amy Berry

    Meredith Fine Properties

    (410) 310-0441

    6 in this area

    22 Total Sales

    Amy Berry
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002909740

Bright MLS

APN: 02-113724

Maryland Talbot County Saint Michaels 21663

24509 New Post Rd, Saint Michaels, MD

Not Listed for Sale

Lots

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