NOT LISTED FOR SALE

24710 New Post Rd Saint Michaels, MD 21663

Estimated Value: $4,501,000 - $5,094,000

4 Beds
6 Baths
9,132 Sq Ft
$524/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $3,475,000 $381 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $27,901/month

56 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Private Water Access
  • Eat-In Gourmet Kitchen
  • 2 Dock Slips
  • In Ground Pool
  • Colonial Architecture

About This Home

As of July 2020

Located within two miles of historic St Michaels, this two-acre +/- waterfront estate brings together the needs of the most discerning of buyers. The house enjoys an unusually generous elevation that give way to breathtaking vistas over the Miles River, to Eastern Bay and beyond. The well-manicured, lush grounds are only topped by the custom millwork and the thoughtful space planning that allow visitors to enjoy the outdoors even when relaxing inside. Separate guest quarters above the garage make this a fantastic retreat.

Last Agent to Sell the Property

Chuck Mangold

Benson & Mangold, LLC License #527518 Listed on: 04/02/2020

Benson & Mangold, LLC

Last Buyer's Agent

Honor Ingersoll

TTR Sotheby's International Realty

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,113

Year Built

  • Built in 2005

Lot Details

  • 2.35 Acre Lot
  • 200 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned RC

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Shake Siding
  • Cedar

Interior Spaces

  • 9,132 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • 4 Fireplaces
  • Entrance Foyer
  • Great Room
  • Family Room
  • Dining Room
  • Den
  • Library
  • Sun or Florida Room
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Butlers Pantry

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Home Security

  • Motion Detectors
  • Monitored

Outdoor Features

  • In Ground Pool
  • Private Water Access
  • River Nearby
  • Rip-Rap
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Balcony
  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Well
  • Bottled Gas Water Heater
  • Septic Tank

Community Details

  • Chance Hope Farm Community
  • Chance Hope Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 2102113902

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,113

Year Built

Built in 2005

Lot Details

0

HOA Fees

$52 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2005
  • Remarks Public: Located within two miles of historic St Michaels, this two-acre +/- waterfront estate brings together the needs of the most discerning of buyers. The house enjoys an unusually generous elevation that give way to breathtaking vistas over the Miles River, to Eastern Bay and beyond. The well-manicured, lush grounds are only topped by the custom millwork and the thoughtful space planning that allow visitors to enjoy the outdoors even when relaxing inside. Separate guest quarters above the garage make this a fantastic retreat.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Attic, Butlers Pantry, Dining Area, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Table Space
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, Vaulted Ceilings, 9'+ Ceilings
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Library, Foyer, Bedroom 1, Sun/Florida Room, Great Room
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 9132
  • Living Area Sq Ft: 9132
  • Price Per Sq Ft: 371.77
  • Above Grade Finished Sq Ft: 9132
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24710

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Cedar, Shake Siding
  • Exterior Features: Exterior Lighting
  • Pool Features: In Ground
  • Water Access Features: Boat - Powered, Private Access
  • Water Access: Yes
  • Water Body Name: Miles River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: No
  • Water Frontage In Feet: 200

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Gravel Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Security: Electric Alarm, Main Entrance Lock, Monitored, Motion Detectors
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 625.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • 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: 1601100.00
  • Land Assessed Value: 1083500.00
  • Land Use Code: 110
  • Lot Size Acres: 2.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 102366.00
  • Outdoor Living Structures: Balcony, Patio(s), Porch(es)
  • Year Assessed: 2019
  • Zoning: RC
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5294899
  • Tax Annual Amount: 20113.00
  • Assessor Parcel Number: 2102113902
  • Tax Lot: 25
  • Tax Total Finished Sq Ft: 9132
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/09/2020

Multi Family

  • Waterfront Features: Rip-Rap, Private Dock Site

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
Jul 10, 2020
Sold by
Principi Anthony J
Bought by
Due East Llc
Seller's Agent
Chuck Mangold
Benson & Mangold, LLC
Buyer's Agent
Honor Ingersoll
TTR Sotheby's International Realty
List Price
$3,395,000
Sold Price
$3,475,000
Premium/Discount to List
$80,000
2.36%
Total Days on Market
56
Current Estimated Value
$4,784,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,309,144
Avg. Annual Appreciation
7.88%

Purchase Details

Closed on
Jul 22, 2016
Sold by
Principi Anthony J and Principi Cynthia Renee
Bought by
Principi Anthony J

Purchase Details

Closed on
Dec 22, 2011
Sold by
Principi Anthony J
Bought by
Principi Anthony J and Principi Cynthia Renee

Purchase Details

Closed on
Aug 15, 2008
Sold by
Barry Robert F
Bought by
Principi Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2007
Sold by
Barry Robert F and Barry Marcella B.
Bought by
Barry Robert F and Barry Marcella B

Purchase Details

Closed on
May 24, 2007
Sold by
Barry Robert F and Barry Marcella B.
Bought by
Barry Robert F and Barry Marcella B

Purchase Details

Closed on
Dec 3, 1996
Sold by
Darby Real Estate Inc
Bought by
Barry Robert F and Barry Marcella B
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
Due East Llc $3,475,000 First American Title Ins Co
Principi Anthony J -- Attorney
Principi Anthony J -- Eastern Shore Title Company
Principi Anthony J $3,100,000 --
Principi Anthony J $3,100,000 --
Barry Robert F -- --
Barry Robert F -- --
Barry Robert F $271,416 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Principi Anthony J $1,900,000
Previous Owner Principi Anthony J $1,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2020 07/09/20 Sold $3,475,000 +2.4% $381 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $3,395,000 -- $372 / 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 $29,525 $3,285,200 $0 $0
2023 $26,046 $3,057,400 $0 $0
2022 $22,394 $2,829,600 $1,192,600 $1,637,000
2021 $21,311 $2,781,267 $0 $0
2020 $17,510 $2,732,933 $0 $0
2019 $17,456 $2,684,600 $1,083,500 $1,601,100
2018 $16,756 $2,684,600 $1,083,500 $1,601,100
2017 $15,630 $2,684,600 $0 $0
2016 $15,257 $2,752,900 $0 $0
2015 $12,962 $2,752,900 $0 $0
2014 $12,962 $2,752,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA137682

Bright MLS

APN: 02-113902