Charlotte Savoy
The KW Collective
(667) 771-4326
671 Total Sales
1 in Saint Michaels
$815,000 Price
24756 Rays Point Rd Saint Michaels, MD 21663
Saint Michaels AreaEstimated Value: $2,109,477
7
Beds
5.5
Baths
4,861
Sq Ft
$434/Sq Ft
Est. Value
Highlights
- 350 Feet of Waterfront
- Guest House
- River View
- 2 Dock Slips
- Gourmet Kitchen
- 2.05 Acre Lot
About This Home
As of April 2024Welcome 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
(410) 822-6665 info@bensonandmangold.com Benson & Mangold, LLC License #527518 Listed on: 12/04/2023
Last Buyer's Agent
(410) 822-6665 info@bensonandmangold.com Benson & Mangold, LLC License #527518 Listed on: 12/04/2023
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$140,523
Avg. Annual Appreciation
-2.61%
Original Mortgage
$1,350,000
Outstanding Balance
$1,317,015
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$792,462
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Saint Michaels, MD
-
Charlotte Savoy
-
Brian Gearhart
Brian Gearhart
Responds QuicklyBenson & Mangold, LLC
(667) 243-8199
301 Total Sales
31 in Saint Michaels
$301K - $3.7M Price Range
-
Amy Juras
Amy Juras
Long & Foster Real Estate, Inc.
(443) 214-3318
77 Total Sales
1 in Saint Michaels
$350,000 Price
-
Christopher Clinton
Christopher Clinton
Coldwell Banker Chesapeake Real Estate Company
(410) 339-8206
7 Total Sales
7 in Saint Michaels
$193K - $1.5M Price Range
-
Christopher Coppola
Christopher Coppola
Compass
(781) 463-5340
48 Total Sales
2 in Saint Michaels
$777K - $865K Price Range
-
Holly Worthington
Holly Worthington
Worthington Realty Group, LLC
(443) 493-7652
166 Total Sales
1 in Saint Michaels
$1,840,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,250,000 | Tidemark Title Company | ||
| Hottel Richard W | $575,000 | -- | |
| Loftus Stephen F | $360,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $15,649 | $1,828,367 | $0 | $0 |
| 2025 | $15,649 | $1,705,200 | $832,900 | $872,300 |
| 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
-
Chuck Mangold
Seller's Agent in 2024
Chuck Mangold
Benson & Mangold, LLC
(410) 924-8832
328 Total Sales
Map
Source: Bright MLS
MLS Number: MDTA2006696
APN: 02-068281
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
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The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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