NOT LISTED FOR SALE

24690 New Post Rd Saint Michaels, MD 21663

Estimated Value: $2,930,000 - $4,911,807

2.24 Acres
$1,692,501 Price per Acre
97,574 Sq Ft Lot

Last Sold August 02, 2017

Last sale price $900,000

Est. 321% increase in value since last sale

Current estimated payment $22,126/month

9 Days on Market

Highlights

  • 203 Feet of Waterfront
  • Premium Lot
  • Stream or River on Lot
  • Water Oriented

About This Lot

As of August 2017

Premier waterfront lot in Chance Hope Farm near St. Michaels. Overlooking the Miles River, this site will support a substantial new home (there are $3 + million dollar homes on the street). High elevation, protected shoreline and amazing views up, down and across the Miles River.This lot projects out toward the water more than the neighboring properties, so the views are extraordinary!

Last Agent to Sell the Property

Tom Crouch

Benson & Mangold, LLC License #80097 Listed on: 01/09/2017

Benson & Mangold, LLC

Last Buyer's Agent

Thomas Boeshore

Berkshire Hathaway Homeservice Homesale Realty License #517740

Berkshire Hathaway Homeservice Homesale Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,490

Lot Details

  • 2.24 Acre Lot
  • 203 Feet of Waterfront
  • Northeast Facing Home
  • Premium Lot
  • Cleared Lot
  • The property's topography is moderate slope
  • No Building Permits

HOA Fees

  • $52 Monthly HOA Fees

Additional Features

  • Water Views
  • No Septic System

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 2102113813

Community Details

Overview

  • Chance Hope Subdivision

Recreation

  • Water Oriented
  • River Nearby
  • Rip-Rap
  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$6,490

Lot Details

0

HOA Fees

$52 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: Premier waterfront lot in Chance Hope Farm near St. Michaels. Overlooking the Miles River, this site will support a substantial new home (there are $3 + million dollar homes on the street). High elevation, protected shoreline and amazing views up, down and across the Miles River.This lot projects out toward the water more than the neighboring properties, so the views are extraordinary!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 10.76
  • Street Number Modifier: 24690

Exterior Features

  • View: Water
  • View: Yes
  • Water Access: No
  • Water Body Name: MILES RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 203

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System

Condo/Co-op/Association

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

Schools

  • School District: TALBOT COUNTY PUBLIC SCHOOLS
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • School District Key: 121138072466
  • Elementary School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Middle Or Junior School: CALL SCHOOL BOARD

Lot Info

  • Lot Features: Cleared, Premium
  • Lot Size Acres: 2.24
  • Lot Size Area: 97574
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 97574.00
  • Perc Type: Approved
  • Possible Use: Residential
  • Soil Types: Loam
  • Topography: Moderate Slope
  • Year Assessed: 2015
  • Zoning: R

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 4
  • Waterfront Features: Rip-Rap

Tax Info

  • Assessor Parcel Number: 5294891
  • Tax Annual Amount: 6490.00
  • Assessor Parcel Number: 2102113813
  • Tax Lot: 23
  • Tax Year: 2015
  • Close Date: 08/02/2017

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
Aug 2, 2017
Sold by
Ebel Robert D and Steen Leslie A
Bought by
Progebin Keith and Progebin Christine
Seller's Agent
Tom Crouch
Benson & Mangold, LLC
Buyer's Agent
Thomas Boeshore
Berkshire Hathaway Homeservice Homesale Realty
List Price
$1,050,000
Sold Price
$900,000
Premium/Discount to List
-$150,000
-14.29%
Current Estimated Value
$3,791,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,891,202
Avg. Annual Appreciation
20.94%

Purchase Details

Closed on
Mar 10, 1997
Sold by
Darby Real Estate Inc
Bought by
Ebel Robert D E Inc
Source: Public Records

Range of Values:

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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
Progebin Keith $900,000 None Available
Ebel Robert D E Inc $225,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2017 08/02/17 Sold $900,000 -14.3% --
01/18/2017 01/18/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $1,050,000 -- --
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
2024 $23,451 $2,619,933 $0 $0
2023 $20,692 $2,418,967 $0 $0
2022 $17,611 $2,218,000 $993,100 $1,224,900
2021 $16,612 $2,180,200 $0 $0
2020 $16,051 $2,142,400 $0 $0
2019 $15,694 $2,104,600 $902,400 $1,202,200
2018 $6,069 $852,400 $852,400 $0
2017 $6,609 $852,400 $0 $0
2016 $6,444 $1,002,800 $0 $0
2015 $6,057 $1,002,800 $0 $0
2014 $6,057 $1,002,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Crouch

    Seller's Agent in 2017

    Tom Crouch

    Benson & Mangold, LLC

    (410) 310-8916

    60 Total Sales

    Tom Crouch
    Section Image
  • Thomas Boeshore

    Buyer's Agent in 2017

    Thomas Boeshore

    Berkshire Hathaway Homeservice Homesale Realty

    (410) 739-4071

    84 Total Sales

    Thomas Boeshore
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003751535

Bright MLS

APN: 02-113813

Maryland Talbot County Saint Michaels 21663

24690 New Post Rd, Saint Michaels, MD

This home is located at 24690 New Post Rd, Saint Michaels, MD 21663 since 09 January 2017 and is currently estimated at $3,791,202. 24690 New Post Rd is a home located in Talbot County with nearby schools including St. Michaels Elementary School, St. Michaels Middle/High School, and Easton High School.

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