NOT LISTED FOR SALE

507 S Talbot St Unit 3 Saint Michaels, MD 21663

Estimated Value: $337,578 - $407,000

3 Beds
2 Baths
1,253 Sq Ft
$77/mo HOA Fee

Last Sold December 09, 2020

Last sale price $278,000 $222 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,324/month

Highlights

  • Water Oriented
  • Central Air
  • 2-minute walk to Waterfront Park on St Michaels Nature Trail
  • 2 Fireplaces
  • Heat Pump System

About This Home

As of December 2020

LARGEST UNIT IN THE BUILDING, WELL MAINTAINED , NEEDS SOME UPDATING. OMEWARRANTY INCLUDED.

Last Listed By

Cornelia Heckenbach

Long & Foster Real Estate, Inc. Listed on: 12/09/2020

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,589

Year Built

  • Built in 1947

Lot Details

  • 7,187

HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,253 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Oriented
  • River Nearby

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include all ground fee, common area maintenance, insurance, lawn maintenance
  • Low-Rise Condominium
  • Jennifer Community
  • Jennifer Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2102111438

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,589

Year Built

Built in 1947

Lot Details

0

HOA Fees

$77 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1947
  • Remarks Public: LARGEST UNIT IN THE BUILDING, WELL MAINTAINED , NEEDS SOME UPDATING. OMEWARRANTY INCLUDED.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1253
  • Living Area Sq Ft: 1253
  • Price Per Sq Ft: 221.87
  • Above Grade Finished Sq Ft: 1253
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Water Body Name: ST MICHAELS HARBOR
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off 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
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 3.00
  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 231.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Insurance, Lawn Maintenance
  • 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: 201700.00
  • Land Assessed Value: 86400.00
  • Land Use Code: 110
  • Year Assessed: 2020
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5294716
  • Tax Annual Amount: 3589.00
  • Assessor Parcel Number: 2102111438
  • Tax Total Finished Sq Ft: 1253
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 12/09/2020

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Dec 4, 2020
Sold by
Fisher Marjorie E
Bought by
Hassell Steven W
Seller's Agent
Cornelia Heckenbach
Long & Foster Real Estate, Inc.
Buyer's Agent
Cornelia Heckenbach
Long & Foster Real Estate, Inc.
List Price
$278,000
Sold Price
$278,000
Total Days on Market
0
Current Estimated Value
$372,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,395
Avg. Annual Appreciation
5.47%
Original Mortgage
$264,100
Outstanding Balance
$239,261
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$112,463

Purchase Details

Closed on
Jul 25, 2002
Sold by
Pamboukian Osanna
Bought by
Fisher Marjorie E

Purchase Details

Closed on
May 16, 2002
Sold by
Pamboukian Vrege
Bought by
Pamboukian Osanna

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 $278,000 Venture Title Co Llc
Fisher Marjorie E $148,000 --
Pamboukian Osanna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hassell Steven W $264,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2020 12/09/20 Sold $278,000 0.0% $222 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $278,000 -- $222 / 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 $3,248 $263,100 $78,900 $184,200
2023 $3,125 $263,100 $78,900 $184,200
2022 $3,303 $288,100 $86,400 $201,700
2021 $6,461 $288,100 $86,400 $201,700
2020 $1,688 $288,100 $86,400 $201,700
2019 $1,702 $313,200 $93,900 $219,300
2018 $1,596 $298,567 $0 $0
2017 $1,463 $283,933 $0 $0
2016 $1,424 $269,300 $0 $0
2015 $1,471 $269,300 $0 $0
2014 $1,471 $269,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA139750

Bright MLS

APN: 02-111438