NOT LISTED FOR SALE

306 Cove View Dr Saint Michaels, MD 21663

Estimated Value: $508,000 - $551,729

3 Beds
2 Baths
1,540 Sq Ft
$345/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $462,500 $300 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,542/month

204 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Pier
  • Fishing Allowed
  • 4 Dock Slips
  • Pier or Dock
  • Gourmet Kitchen

About This Home

As of May 2021

Wonderful Cove View home on Spencer Creek in St. Michaels. Enjoy your own waterfront home with shared pier, boat slip, fishing, sightseeing, and all of the tranquility the water offers, right outside your backdoor! Located just minutes to town but no town taxes. New HVAC 2019, new deck 2020, fresh paint, hardwood flooring, brick wood burning fireplace, gourmet kitchen, first floor bedroom and full bath, laundry area first floor, attached one car garage, stone driveway, open floor plan. This home is in excellent condition and ready for you to move in. Welcome the upcoming season in your new waterfront home!

Last Agent to Sell the Property

Melissa Knapp

Meredith Fine Properties Listed on: 09/19/2020

Last Buyer's Agent

Melissa Knapp

Meredith Fine Properties Listed on: 09/19/2020

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,533

Year Built

  • Built in 1985

Lot Details

  • 400 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Cul-De-Sac
  • Landscaped
  • Property is in excellent condition

HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • Scenic Vista
  • Creek or Stream

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Side-by-Side
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,540 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Treatments
  • Sliding Windows
  • Family Room Off Kitchen
  • Dining Area
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Sail
  • Physical Dock Slip Conveys
  • 4 Dock Slips
  • Stream or River on Lot
  • Shared Waterfront
  • Powered Boats Permitted
  • Deck

Location

  • Flood Risk
  • Property is near a creek

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 7B
  • Assessor Parcel Number 2102108593

Community Details

Overview

  • $50 Recreation Fee
  • Association fees include common area maintenance, insurance, pier/dock maintenance
  • Cove View Community
  • Rio Vista Subdivision

Recreation

  • Pier or Dock
  • Fishing Allowed

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,533

Year Built

Built in 1985

Lot Details

0

HOA Fees

$280 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side, Traditional
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-09-25
  • Federal Flood Zone: Yes
  • Year Built: 1985
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Wonderful Cove View home on Spencer Creek in St. Michaels. Enjoy your own waterfront home with shared pier, boat slip, fishing, sightseeing, and all of the tranquility the water offers, right outside your backdoor! Located just minutes to town but no town taxes. New HVAC 2019, new deck 2020, fresh paint, hardwood flooring, brick wood burning fireplace, gourmet kitchen, first floor bedroom and full bath, laundry area first floor, attached one car garage, stone driveway, open floor plan. This home is in excellent condition and ready for you to move in. Welcome the upcoming season in your new waterfront home!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Washer, Water Heater, Oven/Range - Gas
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Gourmet, Upgraded Countertops, Wood Floors, Tub Shower, Primary Bath(s), Window Treatments
  • Window Features: Sliding
  • Fireplace Features: Wood, Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room Count: 8
  • Room List: Bedroom 2, Bedroom 3, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1540
  • Living Area Sq Ft: 1540
  • Price Per Sq Ft: 314.94
  • Above Grade Finished Sq Ft: 1540
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 306

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • 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
  • Construction Materials: Vinyl Siding
  • Roof: Composite
  • Spa: No
  • View: Creek/Stream, Scenic Vista, Water
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Boat - Powered, Sail
  • Water Access: Yes
  • Water Body Name: Spencer Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 400

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Crushed Stone
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 420.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1680.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pier/Dock
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Pier/Dock Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 50.00
  • Association Recreation Fee: Yes

Schools

  • School District: TALBOT COUNTY PUBLIC SCHOOLS
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138072466
  • School District Source: Listing Agent
  • Elementary School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Middle Or Junior School: CALL SCHOOL BOARD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 170300.00
  • Land Assessed Value: 170000.00
  • Land Use Code: 110
  • Lot Features: Cul-De-Sac, Landscaping, Stream/Creek
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5294470
  • Tax Annual Amount: 2533.00
  • Assessor Parcel Number: 2102108593
  • Tax Lot: 7B
  • Tax Total Finished Sq Ft: 1540
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 05/11/2021

Multi Family

  • Mean Low Water Feet: 2
  • Waterfront Features: Shared

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
May 10, 2021
Sold by
306 Cove K View Rd Llc
Bought by
Gorman Thomas Andrew and Gorman Christine Rae
Seller's Agent
Melissa Knapp
Meredith Fine Properties
Buyer's Agent
Melissa Knapp
Meredith Fine Properties
List Price
$499,000
Sold Price
$462,500
Premium/Discount to List
-$36,500
-7.31%
Current Estimated Value
$531,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,182
Avg. Annual Appreciation
3.36%

Purchase Details

Closed on
Oct 28, 2019
Sold by
Shaffer Mary Beth and Shaffer Mary B
Bought by
306 Cove View Rd Llc

Purchase Details

Listed on
Apr 24, 2012
Closed on
Oct 10, 2012
Sold by
Parsons Walter and Parsons Mary Ann
Bought by
Shaffer Mary Beth
Seller's Agent
Norman Domingo
XRealty.NET LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$375,000
Sold Price
$325,000
Premium/Discount to List
-$50,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%

Purchase Details

Closed on
Apr 28, 2005
Sold by
Newton Charles G
Bought by
Parsons Walter

Purchase Details

Closed on
Dec 10, 1999
Sold by
Ann Wood James D
Bought by
Newton Charles G

Purchase Details

Closed on
Oct 4, 1996
Sold by
Foster Donald E
Bought by
Ann Wood James D
Source: Public Records

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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
Gorman Thomas Andrew $462,500 Eastern Shore Title Company
306 Cove View Rd Llc -- None Available
Shaffer Mary Beth $325,000 Eastern Shore Title Company
Parsons Walter $466,000 --
Newton Charles G $225,000 --
Ann Wood James D $185,000 --
Ann Wood John D $185,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $462,500 -4.6% $300 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
02/11/2021 02/11/21 Price Changed $485,000 -2.8% $315 / Sq Ft
09/19/2020 09/19/20 For Sale $499,000 0.0% $324 / Sq Ft
08/12/2018 08/12/18 Rented $2,000 0.0% --
08/12/2018 08/12/18 Under Contract -- -- --
07/08/2018 07/08/18 For Rent $2,000 0.0% --
10/10/2012 10/10/12 Sold $325,000 0.0% $211 / Sq Ft
08/22/2012 08/22/12 Price Changed $325,000 -13.3% $211 / Sq Ft
04/24/2012 04/24/12 For Sale $375,000 -- $244 / 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 $3,602 $402,433 $0 $0
2023 $3,149 $371,367 $0 $0
2022 $2,702 $340,300 $170,000 $170,300
2021 $2,584 $339,200 $0 $0
2020 $2,533 $338,100 $0 $0
2019 $2,503 $337,000 $170,000 $167,000
2018 $2,338 $328,333 $0 $0
2017 $2,050 $319,667 $0 $0
2016 $1,999 $311,000 $0 $0
2015 $2,350 $311,000 $0 $0
2014 $2,350 $311,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA139232

Bright MLS

APN: 02-108593