NOT LISTED FOR SALE

303 Railroad Ave Saint Michaels, MD 21663

Estimated Value: $574,000 - $642,000

3 Beds
2 Baths
1,574 Sq Ft
$386/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $470,000 $299 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,596/month

4 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bonus Room
  • Traditional Floor Plan
  • Victorian Architecture
  • Sun or Florida Room

About This Home

As of November 2020

Weekend or full-time - this one of a kind home replaced the existing home starting in 1992 and from the foundation up virtually everything was replaced and updated, except the beautiful original wood floors. This three bedroom, two bath home is unique is so many ways, including 9 ft. ceilings on the first floor, built-ins surrounding the separate dining room, oversized windows, and the rear sunroom with six slider doors offering easy access to the beautifully landscaped flagstone patio, pergola and fenced yard. The first floor includes a living room with wood burning fireplace, kitchen open to the sunroom and mudroom/laundry room leading the a full bath. The second floor includes three bedrooms, an updated full bath and access to the open attic space that has been carpeted and can be used as a playroom, rec room or storage. The off street driveway is crushed white stone and offers two secure parking spots behind the gate and leads to the finished rear building. The first level of this building can be used a single car garage or workshop, which the current owner is doing with his woodworking shop. The 2nd level offers office space or possible private guest suite for overflow. This redone historic gem features a metal roof and hardiplank siding for easy maintenance, inviting front porch and great location close to all the best St. Michaels has to offer. More photos coming.

Last Agent to Sell the Property

Monica Penwell

TTR Sotheby's International Realty Listed on: 10/07/2020

TTR Sotheby's International Realty

Last Buyer's Agent

Monica Penwell

TTR Sotheby's International Realty Listed on: 10/07/2020

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,035

Year Built

  • Built in 1890 | Remodeled in 1992

Lot Details

  • 7,200 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Victorian Architecture
  • Metal Roof

Interior Spaces

  • 1,574 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Mud Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Sun or Florida Room

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Central Air
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Hot Water Baseboard Heater
  • High-Efficiency Water Heater
  • Oil Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2102061058

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,035

Year Built

Built in 1890 | Remodeled in 1992

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2020-10-09
  • Federal Flood Zone: No
  • Year Built: 1890
  • Year Renovated: 1992
  • Automatically Close On Close Date: No
  • Remarks Public: Weekend or full-time - this one of a kind home replaced the existing home starting in 1992 and from the foundation up virtually everything was replaced and updated, except the beautiful original wood floors. This three bedroom, two bath home is unique is so many ways, including 9 ft. ceilings on the first floor, built-ins surrounding the separate dining room, oversized windows, and the rear sunroom with six slider doors offering easy access to the beautifully landscaped flagstone patio, pergola and fenced yard. The first floor includes a living room with wood burning fireplace, kitchen open to the sunroom and mudroom/laundry room leading the a full bath. The second floor includes three bedrooms, an updated full bath and access to the open attic space that has been carpeted and can be used as a playroom, rec room or storage. The off street driveway is crushed white stone and offers two secure parking spots behind the gate and leads to the finished rear building. The first level of this building can be used a single car garage or workshop, which the current owner is doing with his woodworking shop. The 2nd level offers office space or possible private guest suite for overflow. This redone historic gem features a metal roof and hardiplank siding for easy maintenance, inviting front porch and great location close to all the best St. Michaels has to offer. More photos coming.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater - High-Efficiency
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Built-Ins, Exposed Beams, Floor Plan - Traditional, Kitchen - Island, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Sun/Florida Room, Mud Room, Bathroom 1, Bathroom 2, Bonus Room
  • Basement: No
  • Total Sq Ft: 1574
  • Living Area Sq Ft: 1574
  • Price Per Sq Ft: 292.25
  • Above Grade Finished Sq Ft: 1574
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 303

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Outbuilding(s)
  • Roof: Metal
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Fully
  • Improvement Assessed Value: 172900.00
  • Land Assessed Value: 85400.00
  • Land Use Code: 110
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7200.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5291323
  • Tax Annual Amount: 3035.00
  • Assessor Parcel Number: 2102061058
  • Tax Total Finished Sq Ft: 1574
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 11/30/2020

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Nov 30, 2020
Sold by
Hower Bradley and Hower Catherine
Bought by
Taratus Lucas Shaw and Taratus Katherine Sage
Seller's Agent
Monica Penwell
TTR Sotheby's International Realty
Buyer's Agent
Monica Penwell
TTR Sotheby's International Realty
List Price
$460,000
Sold Price
$470,000
Premium/Discount to List
$10,000
2.17%
Current Estimated Value
$607,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,654
Avg. Annual Appreciation
5.62%
Original Mortgage
$376,000
Outstanding Balance
$336,110
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$271,544

Purchase Details

Closed on
Aug 31, 1992
Sold by
Covey Charles E and Covey Ruth N
Bought by
Hower Bradley and Hower Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.01%
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
Taratus Lucas Shaw $470,000 Venture Title Co Llc
Hower Bradley $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taratus Katherine Sage $100,000
Open Taratus Lucas Shaw $376,000
Previous Owner Hower Bradley $140,000
Previous Owner Hower Bradley $100,155
Previous Owner Hower Bradley $99,925
Previous Owner Hower Bradley $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $470,000 +2.2% $299 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $460,000 -- $292 / 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 $3,423 $430,900 $100,600 $330,300
2024 $3,423 $379,900 $0 $0
2023 $3,261 $328,900 $0 $0
2022 $3,119 $277,900 $100,600 $177,300
2021 $6,086 $271,367 $0 $0
2020 $1,131 $264,833 $0 $0
2019 $1,116 $258,300 $85,400 $172,900
2018 $1,074 $243,233 $0 $0
2017 $949 $228,167 $0 $0
2016 $925 $213,100 $0 $0
2015 $1,006 $213,100 $0 $0
2014 $1,006 $213,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA139410

Bright MLS

APN: 02-061058