NOT LISTED FOR SALE

24699 Deepwater Point Dr Saint Michaels, MD 21663

Estimated Value: $2,212,000 - $2,764,000

4 Beds
3.5 Baths
3,925 Sq Ft
$663/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $2,690,000 $685 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $14,911/month

5 Days on Market

Highlights

  • 250 Feet of Waterfront
  • Heated Pool and Spa
  • Open Floorplan
  • 2 Dock Slips
  • River View
  • Cape Cod Architecture

About This Home

As of June 2022

This is the one you have been waiting for! Attractive custom built Cape Cod on 2 + Acres capturing the incredible views of Long Haul Creek to the Miles River and beyond. First time being offered since built; you will rarely get this kind of opportunity to own home that truly has it all. Deep Water (6 MLW) in protected cove with private pier for the avid boater, waterside heated gunite pool with spa, unusually elevated lot, public Water/Sewer, and located just about a mile from all the amenities of historic downtown St. Michaels! Inside you will find a home that possesses a feel of casual elegance and the Eastern Shore Lifestyle. There are 4 bedrooms including a primary suite that features a fireplace, waterside balcony, and large walk-in closet. The overall layout is very open and offers a formal living room, dining room, and great room with fireplace. The Waterside kitchen has an open flow to the screened in porch and two outdoor patio areas where you can entertain your guests while looking out over the water. Other notable features of the house include cavernous amounts of storage space, freshly painted wood siding, and a two-car garage. Located in the highly sought-after private community of Martingham that borders the award-winning Pete Dye golf course known as The Links at Perry Cabin. Don’t miss your chance to own a house that is ideally located by land and sea to enjoy the very best of the Eastern Shore Lifestyle.

Last Agent to Sell the Property

Eddie Mangold

Benson & Mangold, LLC License #638585 Listed on: 03/24/2022

Benson & Mangold, LLC

Last Buyer's Agent

Connor DeCicco

Northrop Realty

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,475

Year Built

  • Built in 1999

Lot Details

  • 2.15 Acre Lot
  • 250 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Premium Lot

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Driveway

Property Views

  • River
  • Scenic Vista
  • Creek or Stream

Home Design

  • Cape Cod Architecture
  • Architectural Shingle Roof
  • Cedar

Interior Spaces

  • 3,925 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Skylights
  • 2 Fireplaces
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Living Room
  • Dining Room
  • Loft
  • Storage Room
  • Wood Flooring
  • Crawl Space
  • Breakfast Room
  • Attic

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Canoe or Kayak Water Access
  • Rip-Rap
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Powered Boats Permitted
  • Balcony
  • Deck
  • Enclosed patio or porch
  • Breezeway

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • Association fees include common area maintenance, road maintenance, lawn maintenance
  • Martingham Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 2102086573

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,475

Year Built

Built in 1999

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Remarks Public: This is the one you have been waiting for! Attractive custom built Cape Cod on 2 + Acres capturing the incredible views of Long Haul Creek to the Miles River and beyond. First time being offered since built; you will rarely get this kind of opportunity to own home that truly has it all. Deep Water (6 MLW) in protected cove with private pier for the avid boater, waterside heated gunite pool with spa, unusually elevated lot, public Water/Sewer, and located just about a mile from all the amenities of historic downtown St. Michaels! Inside you will find a home that possesses a feel of casual elegance and the Eastern Shore Lifestyle. There are 4 bedrooms including a primary suite that features a fireplace, waterside balcony, and large walk-in closet. The overall layout is very open and offers a formal living room, dining room, and great room with fireplace. The Waterside kitchen has an open flow to the screened in porch and two outdoor patio areas where you can entertain your guests while looking out over the water. Other notable features of the house include cavernous amounts of storage space, freshly painted wood siding, and a two-car garage. Located in the highly sought-after private community of Martingham that borders the award-winning Pete Dye golf course known as The Links at Perry Cabin. Don’t miss your chance to own a house that is ideally located by land and sea to enjoy the very best of the Eastern Shore Lifestyle.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Skylight(s), Tub Shower, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Kitchen, Foyer, Breakfast Room, Great Room, Laundry, Loft, Storage Room, Attic, Primary Bathroom, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 3925
  • Living Area Sq Ft: 3925
  • Price Per Sq Ft: 712.10
  • Above Grade Finished Sq Ft: 3925
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24699

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar
  • Pool Features: Gunite, Heated, In Ground, Pool/Spa Combo
  • Roof: Architectural Shingle
  • View: Creek/Stream, River, Scenic Vista, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: Long Haul Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 250

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Side Entry, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 225.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Road Maintenance, Lawn Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: TALBOT COUNTY PUBLIC SCHOOLS
  • School District Key: 121138072466
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 490200.00
  • Land Assessed Value: 771400.00
  • Land Use Code: R
  • Lot Features: Premium, Rip-Rapped, Stream/Creek
  • Lot Size Acres: 2.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 93654.00
  • Outdoor Living Structures: Balcony, Breezeway, Deck(s), Enclosed, Patio(s), Porch(es)
  • Year Assessed: 2022
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5293472
  • Tax Annual Amount: 9475.00
  • Assessor Parcel Number: 2102086573
  • Tax Lot: 11
  • Tax Total Finished Sq Ft: 3925
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/03/2022

Multi Family

  • Mean Low Water Feet: 6
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Jun 3, 2022
Sold by
Carol Payne Gadsby Trust
Bought by
Nass Eric T and Nass Patricia W
Seller's Agent
Eddie Mangold
Benson & Mangold, LLC
Buyer's Agent
Connor DeCicco
Northrop Realty
List Price
$2,795,000
Sold Price
$2,690,000
Premium/Discount to List
-$105,000
-3.76%
Total Days on Market
5
Current Estimated Value
$2,603,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,210
Avg. Annual Appreciation
-1.00%
Original Mortgage
$1,614,000
Outstanding Balance
$1,553,120
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$1,057,054

Purchase Details

Closed on
Feb 5, 2018
Sold by
Gadsby Carol P
Bought by
Gadsby Carol Payne and Carol Payne Gadsby Trust

Purchase Details

Closed on
Mar 12, 1997
Sold by
Gibson James M
Bought by
Gadsby John E
Source: Public Records

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Range of Values:

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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
Nass Eric T $2,690,000 Chicago Title
Gadsby Carol Payne -- None Available
Gadsby John E $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nass Eric T $1,614,000
Previous Owner Gadsby John E $175,000
Previous Owner Gadsey John E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $2,690,000 -3.8% $685 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $2,795,000 -- $712 / 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
2024 $12,889 $1,439,933 $0 $0
2023 $11,454 $1,350,767 $0 $0
2022 $5,442 $1,261,600 $771,400 $490,200
2021 $10,517 $1,232,867 $0 $0
2020 $5,151 $1,204,133 $0 $0
2019 $5,080 $1,175,400 $701,000 $474,400
2018 $4,725 $1,175,400 $701,000 $474,400
2017 $4,663 $1,175,400 $0 $0
2016 $4,564 $1,248,500 $0 $0
2015 $4,243 $1,248,500 $0 $0
2014 $4,243 $1,248,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA2002504

Bright MLS

APN: 02-086573