NOT LISTED FOR SALE

24848 Deepwater Point Dr Saint Michaels, MD 21663

Estimated Value: $1,773,000 - $3,230,000

4 Beds
4.5 Baths
5,406 Sq Ft
$483/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $2,900,000 $536 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $15,418/month

19 Days on Market

Highlights

  • 400 Feet of Waterfront
  • 1 Dock Slip
  • Fishing Allowed
  • Primary bedroom faces the bay
  • Pier
  • Gourmet Kitchen

About This Home

As of December 2020

Extraordinary panoramic views of the Miles River come with this Nantucket Cottage sited on 1.48 +/- acres. With over 400 feet of protected shoreline, with deep water and an 8ft wide pier, 600 square foot viewing platform and 15,000 pound boat lift with remote. Enjoy the parade of boats on their way to St. Michaels Harbour, the Chesapeake Bay Maritime Museum, and the Miles River Yacht Club. Unobstructed view without trees or vegetation. Enter La Peniche to a warm open floor plan with stunning views from most rooms. Many renovations from 2008 until now. Low maintenance siding and Azek trim, gutter with leaf guards, remediated crawl space with drains, dry wells, and flood vents. Roof replace in 2019 with architectural shingles carrying a silver plate 50 year warranty with remaining transferable. ADT alarm system, whole house smart panel for dish TV, data, and telephone. 3 zones of heating and cooling, with heated floors throughout. 2 car garage plus work shop. With 720 square feet of heated and cooled space above with enclosed staircase, offering a myriad of uses. Located in the private community of Martingham, just 2 miles from historic St. Michaels. With a newly renovated 18 hole golf course designed by Pete Dye located within its bountaries. A truly a unique property with too may appointments and details to list. A MUST SEE!!!

Last Agent to Sell the Property

Jane Baker

Benson & Mangold, LLC License #61719 Listed on: 09/18/2020

Benson & Mangold, LLC

Last Buyer's Agent

Brian Gearhart

Benson & Mangold, LLC License #510143

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,619

Year Built

  • Built in 1985

Lot Details

  • 1.48 Acre Lot
  • 400 Feet of Waterfront
  • Home fronts navigable water
  • Landscaped
  • Extensive Hardscape
  • Secluded Lot
  • Premium Lot
  • Sprinkler System
  • Back Yard
  • Property is in excellent condition
  • Property is zoned W2

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • River
  • Scenic Vista

Home Design

  • Cottage
  • Architectural Shingle Roof

Interior Spaces

  • 5,406 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Double Sided Fireplace
  • Double Pane Windows
  • Bay Window
  • Double Door Entry
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Den
  • Library
  • Bonus Room
  • Game Room
  • Wood Flooring
  • Crawl Space
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Oven
  • Gas Oven or Range
  • Range Hood
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • Soaking Tub
  • Walk-in Shower

Laundry

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

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Rip-Rap
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Powered Boats Permitted
  • Deck
  • Patio
  • Exterior Lighting
  • Outbuilding
  • Wood or Metal Shed

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Radiant Heating System
  • Vented Exhaust Fan
  • Summer or Winter Changeover Switch For Heating
  • Underground Utilities
  • Summer or Winter Changeover Switch For Hot Water
  • Propane Water Heater

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 2102100762

Community Details

Overview

  • Martinghamn HOA
  • Martingham Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,619

Year Built

Built in 1985

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Exclusions: Weather van on garage and fireplace screen
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Remarks Public: Extraordinary panoramic views of the Miles River come with this Nantucket Cottage sited on 1.48 +/- acres. With over 400 feet of protected shoreline, with deep water and an 8ft wide pier, 600 square foot viewing platform and 15,000 pound boat lift with remote. Enjoy the parade of boats on their way to St. Michaels Harbour, the Chesapeake Bay Maritime Museum, and the Miles River Yacht Club. Unobstructed view without trees or vegetation. Enter La Peniche to a warm open floor plan with stunning views from most rooms. Many renovations from 2008 until now. Low maintenance siding and Azek trim, gutter with leaf guards, remediated crawl space with drains, dry wells, and flood vents. Roof replace in 2019 with architectural shingles carrying a silver plate 50 year warranty with remaining transferable. ADT alarm system, whole house smart panel for dish TV, data, and telephone. 3 zones of heating and cooling, with heated floors throughout. 2 car garage plus work shop. With 720 square feet of heated and cooled space above with enclosed staircase, offering a myriad of uses. Located in the private community of Martingham, just 2 miles from historic St. Michaels. With a newly renovated 18 hole golf course designed by Pete Dye located within its bountaries. A truly a unique property with too may appointments and details to list. A MUST SEE!!!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Exhaust Fan, Icemaker, Microwave, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Butlers Pantry, Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Exposed Beams, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Primary Bedroom - Bay Front, Recessed Lighting, Soaking Tub, Stall Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Wine Storage, Wood Floors
  • Window Features: Bay/Bow, Double Pane
  • Fireplace Features: Double Sided
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French, Double Entry
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Library, Great Room, Laundry, Maid/Guest Quarters, Office, Bathroom 2, Bathroom 3, Bonus Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 5406
  • Living Area Sq Ft: 5406
  • Price Per Sq Ft: 545.50
  • Above Grade Finished Sq Ft: 5406
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24848

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Wood/Metal Shed
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Lawn Sprinkler, Outbuilding(s)
  • Roof: Architectural Shingle
  • View: River, Scenic Vista
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Miles River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 400

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, Driveway, Off Street
  • Off Street Parking Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: Underground
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump(s), Summer/Winter Changeover, Radiant
  • Heating: Yes
  • Hot Water: Propane, S/W Changeover
  • Security: Security System, Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public, Community

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: MARTINGHAMN
  • 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: 509300.00
  • Land Assessed Value: 745000.00
  • Land Use Code: 110
  • Lot Features: Landscaping, Premium, Rear Yard, Secluded, Stream/Creek
  • Lot Size Acres: 1.48
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 64469.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: W2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5293835
  • Tax Annual Amount: 9619.00
  • Assessor Parcel Number: 2102100762
  • Tax Lot: 21
  • Tax Page Number: 636
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 12/11/2020

Multi Family

  • Mean Low Water Feet: 5
  • 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
Sep 18, 2020
Closed on
Dec 10, 2020
Sold by
Campi Thomas R and Campi Abigail B
Bought by
Dorman Matthew M
Seller's Agent
Jane Baker
Benson & Mangold, LLC
Buyer's Agent
Brian Gearhart
Benson & Mangold, LLC
List Price
$2,949,000
Sold Price
$2,900,000
Premium/Discount to List
-$49,000
-1.66%
Current Estimated Value
$2,612,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$287,741
Avg. Annual Appreciation
-2.21%

Purchase Details

Closed on
Aug 9, 2007
Sold by
Jones Raymond E
Bought by
Campi Thomas R and Campi Abigail B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2007
Sold by
Jones Raymond E
Bought by
Campi Thomas R and Campi Abigail B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 1990
Sold by
Sprouse Edith M
Bought by
Jones Raymond E
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
Dorman Matthew M $2,900,000 Eastern Shore Title Company
Campi Thomas R $1,725,000 --
Campi Thomas R $1,725,000 --
Jones Raymond E $670,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorman Matthew M $2,212,500
Previous Owner Campi Thomas R $1,000,000
Previous Owner Campi Thomas R $1,000,000
Previous Owner Jones Raymond E $300,000
Previous Owner Jones Raymond E $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $2,900,000 -1.7% $536 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $2,949,000 -- $546 / 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
2025 $14,034 $1,680,100 $819,500 $860,600
2024 $14,034 $1,567,867 $0 $0
2023 $12,343 $1,455,633 $0 $0
2022 $10,575 $1,343,400 $819,500 $523,900
2021 $20,019 $1,313,700 $0 $0
2020 $9,430 $1,284,000 $0 $0
2019 $9,317 $1,254,300 $745,000 $509,300
2018 $8,931 $1,254,300 $745,000 $509,300
2017 $8,685 $1,254,300 $0 $0
2016 $8,474 $1,493,200 $0 $0
2015 $7,437 $1,493,200 $0 $0
2014 $7,437 $1,493,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA139294

Bright MLS

APN: 02-100762