NOT LISTED FOR SALE

24700 Deepwater Point Dr Saint Michaels, MD 21663

Estimated Value: $364,000 - $375,000

2 Beds
2.5 Baths
1,652 Sq Ft
$224/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $267,000 $162 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,363/month

21 Days on Market

Highlights

  • Home fronts navigable water
  • Open Floorplan
  • Attic
  • Water Access
  • Main Floor Bedroom
  • Great Room

About This Home

As of November 2021

This well maintained 2BR/2.5BA unit is located in Martingham, adjacent to the Links at Perry Cabin Golf Course and less than 2 miles from St. Michaels town center. Both en suite bedrooms and laundry room are located on the ground floor and the second floor offers open concept living spaces with a half bath, wood burning fireplace and balcony. The owners have performed a number of upgrades over the years: HVAC less than one year old, original balcony has been replaced, guest room built in cabinets/bookcases, window in powder room and more, see the full list in the disclosures. There is a waterfront community area to enjoy the views and activities on the Miles River.

Come experience all the Shore has to offer in St. Michaels and other towns: Easton, Oxford and Tilghman. Ride the Oxford Bellevue Ferry, shop the boutiques, stop by the marinas and enjoy all types of dining opitions. Come see all that this unit has to offer.

Last Agent to Sell the Property

Christie Bishop

Northrop Realty License #637346 Listed on: 09/24/2021

Northrop Realty

Last Buyer's Agent

Glory Bee Costa

Keller Williams Select Realtors of Easton License #66089

Keller Williams Select Realtors of Easton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,643

Year Built

  • Built in 1979

Lot Details

  • Home fronts navigable water

HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 1,652 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Awning
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Carpet
  • Attic

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Water Access
  • River Nearby

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 2102101009

Community Details

Overview

  • Association fees include common area maintenance, management, snow removal, lawn maintenance, road maintenance
  • Martingham HOA, Phone Number (240) 687-0496
  • Swan Road Villas Condos, Phone Number (410) 708-5980
  • Swan Road Villas Subdivision

Amenities

  • Common Area

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,643

Year Built

Built in 1979

Lot Details

0

HOA Fees

$162 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Bi-Level
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Remarks Public: This well maintained 2BR/2.5BA unit is located in Martingham, adjacent to the Links at Perry Cabin Golf Course and less than 2 miles from St. Michaels town center. Both en suite bedrooms and laundry room are located on the ground floor and the second floor offers open concept living spaces with a half bath, wood burning fireplace and balcony. The owners have performed a number of upgrades over the years: HVAC less than one year old, original balcony has been replaced, guest room built in cabinets/bookcases, window in powder room and more, see the full list in the disclosures. There is a waterfront community area to enjoy the views and activities on the Miles River. Come experience all the Shore has to offer in St. Michaels and other towns: Easton, Oxford and Tilghman. Ride the Oxford Bellevue Ferry, shop the boutiques, stop by the marinas and enjoy all types of dining opitions. Come see all that this unit has to offer.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Washer, Dryer
  • Entry Floor: 1
  • Interior Amenities: Attic, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Tub Shower, Window Treatments
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Primary Bedroom, Bedroom 2, Kitchen, Foyer, Great Room, Laundry, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit, Main Floor
  • Total Sq Ft: 1652
  • Living Area Sq Ft: 1652
  • Price Per Sq Ft: 167.68
  • Above Grade Finished Sq Ft: 1652
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24700

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Awning(s)
  • Water Access: Yes
  • Water Body Name: Miles River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 440.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Swan Road Villas
  • Condo Co-Op Phone: 410-708-5980
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Snow Removal, Lawn Maintenance, Road Maintenance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: MARTINGHAM
  • HOA Phone: 240-687-0496
  • 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

  • Improvement Assessed Value: 146000.00
  • Land Assessed Value: 75000.00
  • Land Use Code: 110
  • Year Assessed: 2021
  • Zoning: R
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5293851
  • Tax Annual Amount: 1643.00
  • Assessor Parcel Number: 2102101009
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 1652
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/30/2021

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2023
Sold by
Jones W Paul W and Jones Jill H
Bought by
Locrasto Joseph and Locrasto Melissa
Current Estimated Value
$370,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Outstanding Balance
$269,038
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$101,533

Purchase Details

Closed on
Jun 14, 2023
Sold by
W Paul Jones Living Trust
Bought by
Jones W Paul W and Jones Jill H

Purchase Details

Listed on
Oct 28, 2016
Closed on
Dec 15, 2016
Sold by
Schroder Kenneth A and The Estate Of Jean M Schroder
Bought by
Jones W Paul and The W Paul Jones Living Trust
Seller's Agent
Ann Roe
Benson & Mangold, LLC
Buyer's Agent
Larry Brennan
TTR Sotheby's International Realty
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%

Purchase Details

Closed on
Oct 4, 2000
Sold by
Ross Yvonne H
Bought by
Schroder Robert M and Scrroder Jean M

Purchase Details

Closed on
Nov 7, 1989
Sold by
Boesch David S and Boesch Gertrude N
Bought by
Ross Yvonne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
9.82%

Purchase Details

Closed on
Apr 20, 1988
Sold by
Houck Roland V and Houck Helen H
Bought by
Boesch David S and Boesch Gertrude N
Source: Public Records

Range of Values:

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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
Locrasto Joseph $365,000 None Listed On Document
Jones W Paul W -- None Listed On Document
Jones W Paul $185,000 Eastern Shore Title Co
Schroder Robert M $104,000 --
Ross Yvonne H $116,000 --
Boesch David S $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locrasto Joseph $273,750
Previous Owner Ross Yvonne H $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $267,000 -3.6% $162 / Sq Ft
09/24/2021 09/24/21 For Sale $277,000 +49.7% $168 / Sq Ft
12/15/2016 12/15/16 Sold $185,000 -5.1% $112 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
10/28/2016 10/28/16 For Sale $195,000 -- $118 / 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 $2,182 $243,800 $0 $0
2023 $1,946 $227,500 $0 $0
2022 $1,677 $211,200 $75,000 $136,200
2021 $1,555 $204,067 $0 $0
2020 $1,475 $196,933 $0 $0
2019 $1,410 $189,800 $75,000 $114,800
2018 $1,351 $189,800 $75,000 $114,800
2017 $812 $189,800 $0 $0
2016 $794 $192,300 $0 $0
2015 $698 $191,767 $0 $0
2014 $698 $191,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA2000956

Bright MLS

APN: 02-101017