NOT LISTED FOR SALE

507 S Talbot St Unit 1 Saint Michaels, MD 21663

Estimated Value: $215,000 - $290,000

1 Bed
1 Bath
494 Sq Ft
$483/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $175,000 $354 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,714/month

1 Day on Market

Highlights

  • Home fronts navigable water
  • Traditional Floor Plan
  • Attic
  • Water Access
  • Wood Flooring
  • 2-minute walk to Waterfront Park on St Michaels Nature Trail

About This Home

As of July 2021

In the heart of St. Michaels! This in-town condo is close to everything -- restaurants, shops, Maritime Museum, fresh, local seafood, great ice cream and so much more! And just about: 45 minutes to Annapolis; 1.5 hrs. to Baltimore; 2 hrs. to Washington. Beaches not far either, about 1.5 hrs. (Rehoboth, DE and Ocean City, MD). Local airport 15 minutes away (Easton). Cozy and low maintenance, wood flooring down; carpet on 2nd floor; fireplace. New A/C unit approximately 2 years ago. Roof being replaced this year (assessment fee charge). Condo being professionally cleaned. Can't ask for a better location!

Last Agent to Sell the Property

Mary Haddaway

Benson & Mangold, LLC License #611363 Listed on: 05/20/2021

Benson & Mangold, LLC

Last Buyer's Agent

Cornelia Heckenbach

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,302

Year Built

  • Built in 1975

Lot Details

  • Home fronts navigable water
  • Creek or Stream
  • Property is in good condition

HOA Fees

  • $256 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 494 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Screen For Fireplace
  • Fireplace Mantel
  • Combination Kitchen and Living
  • Attic

Kitchen

  • Galley Kitchen
  • Kitchen in Efficiency Studio
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Private Parking
  • Paved Parking
  • On-Street Parking
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Water Access

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2102111403

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, snow removal, common area maintenance
  • The Jennifer HOA
  • The Jennifer Community
  • Property Manager

Amenities

  • Common Area

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,302

Year Built

Built in 1975

Lot Details

0

HOA Fees

$256 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Condominium
  • Exclusions: Jukebox, sideboard
  • Home Warranty: No
  • Inclusions: Refrigerator, clothes washer, clothes dryer, stove, blinds, screens, existing w/w carpet
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Remarks Public: In the heart of St. Michaels! This in-town condo is close to everything -- restaurants, shops, Maritime Museum, fresh, local seafood, great ice cream and so much more! And just about: 45 minutes to Annapolis; 1.5 hrs. to Baltimore; 2 hrs. to Washington. Beaches not far either, about 1.5 hrs. (Rehoboth, DE and Ocean City, MD). Local airport 15 minutes away (Easton). Cozy and low maintenance, wood flooring down; carpet on 2nd floor; fireplace. New A/C unit approximately 2 years ago. Roof being replaced this year (assessment fee charge). Condo being professionally cleaned. Can't ask for a better location!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Attic, Combination Kitchen/Living, Floor Plan - Traditional, Kitchen - Efficiency, Kitchen - Galley, Primary Bath(s), Tub Shower, Wood Floors
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 494
  • Living Area Sq Ft: 494
  • Price Per Sq Ft: 348.18
  • Above Grade Finished Sq Ft: 494
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Spa: No
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Paved Parking, Private
  • Type Of Parking: Parking Lot, On Street

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
  • Utilities: Cable Tv Available, Electric Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Broadband, Cable

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 768.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Snow Removal, Common Area Maintenance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: THE JENNIFER
  • 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: 79600.00
  • Land Assessed Value: 34000.00
  • Land Use Code: 110
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5294714
  • Tax Annual Amount: 1302.00
  • Assessor Parcel Number: 2102111403
  • Tax Total Finished Sq Ft: 494
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 07/02/2021

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 2, 2021
Sold by
Taylor Christopher D
Bought by
Hassell Steven W
Seller's Agent
Mary Haddaway
Benson & Mangold, LLC
Buyer's Agent
Cornelia Heckenbach
Long & Foster Real Estate, Inc.
List Price
$172,000
Sold Price
$175,000
Premium/Discount to List
$3,000
1.74%
Current Estimated Value
$236,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,487
Avg. Annual Appreciation
6.82%
Original Mortgage
$140,000
Outstanding Balance
$128,397
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$100,945

Purchase Details

Listed on
Aug 9, 2014
Closed on
Apr 28, 2015
Sold by
Lagniappe Group Llc
Bought by
Taylor Christopher D
Seller's Agent
Carolina Barksdale
Benson & Mangold, LLC
Buyer's Agent
Mary Haddaway
Benson & Mangold, LLC
List Price
$127,500
Sold Price
$111,000
Premium/Discount to List
-$16,500
-12.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$83,250
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2012
Closed on
Jul 27, 2012
Sold by
Houck Carolyn
Bought by
Lagniappe Group Llc
Seller's Agent
Carolina Barksdale
Benson & Mangold, LLC
Buyer's Agent
Carolina Barksdale
Benson & Mangold, LLC
List Price
$129,000
Sold Price
$114,000
Premium/Discount to List
-$15,000
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.97%
Original Mortgage
$94,400
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2006
Sold by
Kenworthy Marilyn Lee
Bought by
Houch Carolyn

Purchase Details

Closed on
Aug 28, 2006
Sold by
Kenworthy Marilyn Lee
Bought by
Houch Carolyn

Purchase Details

Closed on
Jan 3, 2002
Sold by
Pamboukian Vrege
Bought by
Kenworthy Marilyn Lee

Purchase Details

Closed on
Jan 28, 1998
Sold by
Hersh Paul Warren
Bought by
Pamboukian Mariam
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
Hassell Steven W $175,000 Venture Title Company Llc
Taylor Christopher D $111,000 Venture Title Company
Lagniappe Group Llc $114,000 Venture Title Company
Houch Carolyn $175,000 --
Houch Carolyn $175,000 --
Kenworthy Marilyn Lee $84,100 --
Pamboukian Mariam $495,000 --
Pamboukian Mariam $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hassell Steven W $140,000
Previous Owner Taylor Christopher D $83,250
Previous Owner Lagniappe Group Llc $94,400
Previous Owner Lordi Katherine M $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $175,000 +1.7% $354 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $172,000 0.0% $348 / Sq Ft
09/08/2017 09/08/17 Rented $900 0.0% --
09/05/2017 09/05/17 Under Contract -- -- --
09/01/2017 09/01/17 For Rent $900 0.0% --
03/01/2017 03/01/17 Rented $900 0.0% --
02/17/2017 02/17/17 For Rent $900 0.0% --
04/28/2015 04/28/15 Sold $111,000 -3.5% $224 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
01/18/2015 01/18/15 Price Changed $115,000 -4.2% $232 / Sq Ft
12/22/2014 12/22/14 Price Changed $120,000 -5.9% $242 / Sq Ft
08/09/2014 08/09/14 For Sale $127,500 +11.8% $257 / Sq Ft
07/27/2012 07/27/12 Sold $114,000 -11.6% $230 / Sq Ft
06/08/2012 06/08/12 Pending -- -- --
04/17/2012 04/17/12 For Sale $129,000 -- $260 / 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 $1,829 $148,133 $0 $0
2023 $1,554 $130,867 $0 $0
2022 $1,302 $113,600 $34,000 $79,600
2021 $2,548 $113,600 $34,000 $79,600
2020 $1,302 $113,600 $34,000 $79,600
2019 $1,403 $123,500 $37,000 $86,500
2018 $1,209 $117,733 $0 $0
2017 $1,054 $111,967 $0 $0
2016 $1,022 $106,200 $0 $0
2015 $1,070 $106,200 $0 $0
2014 $1,070 $106,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA141184

Bright MLS

APN: 02-111403