NOT LISTED FOR SALE

505 S Talbot St Saint Michaels, MD 21663

Estimated Value: $726,000 - $966,000

4 Beds
3 Baths
1,835 Sq Ft
$443/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $550,000 $300 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,910/month

62 Days on Market

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • Den
  • Bamboo Flooring
  • No HOA
  • 2-minute walk to Waterfront Park on St Michaels Nature Trail

About This Home

As of May 2021

Simply Stunning! Fabulous property in the heart of St. Michaels on Talbot street! Zoned Central Commercial, currently used as a 4 + bedroom, 3 bath home close to everything! Many renovations including primary bedroom addition, kitchen bathrooms, HVAC new roof, flooring, new electrical wiring throughout, foundation with encapsulated crawl space. First floor with open floor plan, living room with fireplace, open kitchen with granite countertops and stainless steel appliances. First floor bedroom with full bath. Primary bedroom suite with vaulted ceiling and fabulous bath. 3 + additional bedrooms with full bath. Inviting front porch and second floor balcony. Situated on a large lot with shed/work shop, off street parking and alley access (Harrison Alley). This is a rare find with many possibilities!

Last Agent to Sell the Property

Kathy Christensen

TTR Sotheby's International Realty License #602735 Listed on: 01/29/2021

TTR Sotheby's International Realty

Last Buyer's Agent

Cheri Bruce-Phipps

TTR Sotheby's International Realty License #645933

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,308

Year Built

  • Built in 1884

Lot Details

  • 7,200 Sq Ft Lot
  • Property is in excellent condition

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 1,835 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • Crawl Space
  • Laundry Room

Flooring

  • Bamboo
  • Partially Carpeted
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • St. Michaels Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2102060353

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,308

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-01-29
  • Year Built: 1884
  • Automatically Close On Close Date: No
  • Remarks Public: Simply Stunning! Fabulous property in the heart of St. Michaels on Talbot street! Zoned Central Commercial, currently used as a 4 + bedroom, 3 bath home close to everything! Many renovations including primary bedroom addition, kitchen bathrooms, HVAC new roof, flooring, new electrical wiring throughout, foundation with encapsulated crawl space. First floor with open floor plan, living room with fireplace, open kitchen with granite countertops and stainless steel appliances. First floor bedroom with full bath. Primary bedroom suite with vaulted ceiling and fabulous bath. 3 + additional bedrooms with full bath. Inviting front porch and second floor balcony. Situated on a large lot with shed/work shop, off street parking and alley access (Harrison Alley). This is a rare find with many possibilities!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Bamboo, Laminated, Partially Carpeted, Tile/Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Kitchen, Foyer, Bedroom 1, Laundry, Office, Bathroom 3, Primary Bathroom, Full Bath
  • Basement: No
  • Total Sq Ft: 1835
  • Living Area Sq Ft: 1835
  • Price Per Sq Ft: 313.35
  • Above Grade Finished Sq Ft: 1835
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 505

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 174500.00
  • Land Assessed Value: 201400.00
  • Land Use Code: 110
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7200.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5291261
  • Tax Annual Amount: 4308.00
  • Assessor Parcel Number: 2102060353
  • Tax Page Number: 228
  • Tax Total Finished Sq Ft: 1835
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 05/14/2021

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
May 14, 2021
Sold by
Gordon Marjorie H
Bought by
Hudson James M and Hudson Heather D
Seller's Agent
Kathy Christensen
TTR Sotheby's International Realty
Buyer's Agent
Cheri Bruce-Phipps
TTR Sotheby's International Realty
List Price
$595,000
Sold Price
$550,000
Premium/Discount to List
-$45,000
-7.56%
Current Estimated Value
$801,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,574
Avg. Annual Appreciation
10.55%
Original Mortgage
$522,500
Outstanding Balance
$481,222
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$360,136

Purchase Details

Closed on
Mar 13, 2015
Sold by
Oler Charles Ronald and Estate Of Dorothy Amlin Kenney
Bought by
Oler Charles Ronald

Purchase Details

Closed on
Dec 16, 1985
Sold by
Rybon Paul C and Rybon Martha A
Bought by
Kenney Jack E and Kenney Dorothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
11.31%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Hudson James M $550,000 Real Estate Title & Escrow
Oler Charles Ronald -- None Available
Kenney Jack E $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson James M $522,500
Previous Owner Kenney Dorothy A $260,000
Previous Owner Kenney Jack E $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $550,000 -4.3% $300 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/23/2021 03/23/21 Price Changed $575,000 -3.4% $313 / Sq Ft
01/29/2021 01/29/21 For Sale $595,000 +8.2% $324 / Sq Ft
01/29/2021 01/29/21 Off Market $550,000 -- --
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 $6,256 $531,800 $0 $0
2023 $6,004 $518,000 $0 $0
2022 $5,781 $504,200 $201,400 $302,800
2021 $5,654 $504,200 $201,400 $302,800
2020 $4,309 $375,900 $201,400 $174,500
2019 $4,323 $380,600 $183,000 $197,600
2018 $4,138 $374,500 $0 $0
2017 $3,595 $368,400 $0 $0
2016 $3,487 $362,300 $0 $0
2015 $1,518 $362,300 $0 $0
2014 $1,518 $362,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA140230

Bright MLS

APN: 02-060353