NOT LISTED FOR SALE

24756 Rays Point Rd Saint Michaels, MD 21663

Estimated Value: $2,004,000 - $2,471,000

7 Beds
5.5 Baths
4,861 Sq Ft
$459/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $2,250,000 $463 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $13,035/month

43 Days on Market

Highlights

  • 350 Feet of Waterfront
  • Guest House
  • River View
  • 2 Dock Slips
  • Gourmet Kitchen
  • Open Floorplan

About This Home

As of April 2024

Welcome to your dream waterfront retreat! This custom-built masterpiece is a true gem, boasting unparalleled elegance and luxurious features. With 7 bedrooms and 5.5 ?bathrooms, this residence offers the perfect ?blend of comfort and sophistication. As you step inside, you'll be greeted by ?ample natural light that floods through the ?large windows, creating a warm and inviting ?atmosphere throughout the home. The ?cathedral-ceiling dining and living rooms add ?an extra touch of grandeur, providing a ?spacious and airy feel that is perfect for ?both entertaining and everyday living.

First floor primary suite with water views, custom walk-in closet, and a luxurious bath with heated floors, ?double vanities, relaxing jetted tub and beautifully tiled steam shower. The hardwood flooring adds a ?timeless and classic touch to the interior, complementing the high-end finishes and attention to detail that ?is evident in every corner of the home. The gourmet kitchen is a chef's delight, featuring stainless steel ?appliances and custom cabinetry.

For those who appreciate the finer things in life, this property also includes a detached 3-car garage with ?a 2-bedroom guest apartment, offering versatility and additional space for hosting friends and family. ?Imagine the convenience and luxury of having a separate space for guests to enjoy their privacy. Step ?outside, and you'll discover the guest cottage, a charming retreat overlooking the serene waterfront. ?With its own unique character, this cottage provides an ideal spot for guests or even a private home ?office.

The waterfront experience is taken to the next level with 250'+/- of rip-rapped shoreline, a private pier ?and boat lift. Whether you're an avid boater or simply enjoy the tranquil views of the water, this property ?offers the perfect setting to savor the beauty of waterfront living. Spend your days basking in the sun on ?your waterside deck, relaxing in your Swimspa, fishing off the pier, or taking a boat ride to explore the ?nearby waterways. Immerse yourself in the beauty of nature and create lasting memories in a home that ?truly reflects your discerning taste. Don't miss the opportunity to make this gorgeous waterfront property ?your own!

Last Agent to Sell the Property

Chuck Mangold

Benson & Mangold, LLC License #527518 Listed on: 12/04/2023

Benson & Mangold, LLC

Last Buyer's Agent

Chuck Mangold

Benson & Mangold, LLC License #527518 Listed on: 12/04/2023

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,518

Year Built

  • Built in 2009

Lot Details

  • 2.05 Acre Lot
  • 350 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Decorative Fence
  • Sprinkler System
  • Property is zoned RR

Parking

  • 3 Car Detached Garage
  • Side Facing Garage

Property Views

  • River
  • Creek or Stream

Home Design

  • Traditional Architecture
  • Frame Construction
  • HardiePlank Type

Interior Spaces

  • 4,861 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Stained Glass
  • Dining Area
  • Wood Flooring
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Butlers Pantry
  • Built-In Oven
  • Gas Oven or Range
  • Range Hood
  • Built-In Microwave
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Rip-Rap
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Deck
  • Shed
  • Outbuilding

Additional Homes

  • Guest House

Utilities

  • Heat Pump System
  • Geothermal Heating and Cooling
  • Well
  • Tankless Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rays Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2102068281

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,518

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: valance in primary bedroom
  • Inclusions: swimspa
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your dream waterfront retreat! This custom-built masterpiece is a true gem, boasting unparalleled elegance and luxurious features. With 7 bedrooms and 5.5 ​bathrooms, this residence offers the perfect ​blend of comfort and sophistication. As you step inside, you'll be greeted by ​ample natural light that floods through the ​large windows, creating a warm and inviting ​atmosphere throughout the home. The ​cathedral-ceiling dining and living rooms add ​an extra touch of grandeur, providing a ​spacious and airy feel that is perfect for ​both entertaining and everyday living. First floor primary suite with water views, custom walk-in closet, and a luxurious bath with heated floors, ​double vanities, relaxing jetted tub and beautifully tiled steam shower. The hardwood flooring adds a ​timeless and classic touch to the interior, complementing the high-end finishes and attention to detail that ​is evident in every corner of the home. The gourmet kitchen is a chef's delight, featuring stainless steel ​appliances and custom cabinetry. For those who appreciate the finer things in life, this property also includes a detached 3-car garage with ​a 2-bedroom guest apartment, offering versatility and additional space for hosting friends and family. ​Imagine the convenience and luxury of having a separate space for guests to enjoy their privacy. Step ​outside, and you'll discover the guest cottage, a charming retreat overlooking the serene waterfront. ​With its own unique character, this cottage provides an ideal spot for guests or even a private home ​office. The waterfront experience is taken to the next level with 250'+/- of rip-rapped shoreline, a private pier ​and boat lift. Whether you're an avid boater or simply enjoy the tranquil views of the water, this property ​offers the perfect setting to savor the beauty of waterfront living. Spend your days basking in the sun on ​your waterside deck, relaxing in your Swimspa, fishing off the pier, or taking a boat ride to explore the ​nearby waterways. Immerse yourself in the beauty of nature and create lasting memories in a home that ​truly reflects your discerning taste. Don't miss the opportunity to make this gorgeous waterfront property ​your own!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dryer, Disposal, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer
  • Interior Amenities: Butlers Pantry, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Exposed Beams, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Wood Floors, Whirlpool/Hottub, Walk-In Closet(s), Tub Shower, Stain/Lead Glass, Soaking Tub, Skylight(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor, Upper Floor
  • Total Sq Ft: 4861
  • Living Area Sq Ft: 4861
  • Price Per Sq Ft: 513.27
  • Above Grade Finished Sq Ft: 4861
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24756

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 3
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Guest House, Shed
  • Construction Materials: Frame, Hardiplank Type
  • Exterior Features: Lawn Sprinkler, Outbuilding(s)
  • View: Creek/Stream, River
  • Water Access Features: Boat - Powered, Canoe/Kayak, Private Access
  • Water Access: Yes
  • Water Body Name: San Domingo Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 350

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Geothermal
  • Cooling Type: Geothermal
  • Heating Fuel: Geo-Thermal
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Fencing: Decorative
  • Land Use Code: R
  • Lot Size Acres: 2.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 89298.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2023
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12518.00
  • Assessor Parcel Number: 2102068281
  • Tax Total Finished Sq Ft: 4861
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 04/12/2024

Multi Family

  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Apr 12, 2024
Sold by
Hottel Richard W and Hottel Marjorie K
Bought by
Hurley Sean P and Hurley Elayna D
Seller's Agent
Chuck Mangold
Benson & Mangold, LLC
Buyer's Agent
Chuck Mangold
Benson & Mangold, LLC
List Price
$2,495,000
Sold Price
$2,250,000
Premium/Discount to List
-$245,000
-9.82%
Views
155
Current Estimated Value
$2,230,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,448
Avg. Annual Appreciation
2.67%
Original Mortgage
$1,350,000
Outstanding Balance
$1,335,966
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$985,040

Purchase Details

Closed on
Oct 31, 2000
Sold by
Loftus Stephen F
Bought by
Hottel Richard W and Hottel Marjorie K

Purchase Details

Closed on
Aug 10, 1998
Sold by
Barrett Charles C
Bought by
Loftus Stephen F and Loftus Martha J
Source: Public Records

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
Hurley Sean P $2,250,000 Tidemark Title Company
Hottel Richard W $575,000 --
Loftus Stephen F $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurley Sean P $1,350,000
Previous Owner Hottel Richard W $351,800
Previous Owner Hottel Richard W $900,000
Previous Owner Hottel Richard W $417,000
Previous Owner Hottel Richard W $188,000
Previous Owner Hottel Richard W $250,000
Previous Owner Hottel Richard W $150,000
Previous Owner Hottel Richard W $333,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $2,250,000 -9.8% $463 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
12/04/2023 12/04/23 For Sale $2,495,000 -- $513 / 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 $14,361 $1,584,333 $0 $0
2023 $10,853 $1,463,467 $0 $0
2022 $9,955 $1,342,600 $647,800 $694,800
2021 $9,321 $1,303,200 $0 $0
2020 $9,321 $1,263,800 $0 $0
2019 $9,275 $1,224,400 $555,200 $669,200
2018 $8,972 $1,224,400 $555,200 $669,200
2017 $8,540 $1,224,400 $0 $0
2016 $8,140 $1,238,600 $0 $0
2015 $8,418 $1,238,700 $0 $0
2014 $8,418 $1,238,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA2006696

Bright MLS

APN: 02-068281