NOT LISTED FOR SALE

507 S Talbot St Unit 7 Saint Michaels, MD 21663

Estimated Value: $270,301 - $374,000

2 Beds
1.5 Baths
759 Sq Ft
$200/mo HOA Fee

Last Sold November 16, 2020

Last sale price $219,000 $289 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,101/month

Highlights

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

About This Home

As of November 2020

IN THE HEART OF HISTORIC ST MICHAELS, WALK TO SHOPS, RESTAURANTS, WALK ING TRAIL , WATERFRONT PARK AND HARBOUR. COMPACT , COZY AND EASY LIVING IN ST MICHAELS. LEAVE YOUR CAR IN YOUR PRIVATE PARKING SPOT TO EXPLORE THE TOWN BY FOOT OR BIKE OR RENT AN ELECTRIC VEHICLE AT THE HARBOR.

Last Agent to Sell the Property

Cornelia Heckenbach

Long & Foster Real Estate, Inc. Listed on: 10/07/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Cheri Bruce-Phipps

TTR Sotheby's International Realty License #645933

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,174

Year Built

  • Built in 1947

Lot Details

  • Home fronts navigable water
  • Property is in excellent condition

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Off-Street Space

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 759 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Recessed Lighting
  • 1 Fireplace
  • Screen For Fireplace
  • Combination Dining and Living Room
  • Stacked Washer and Dryer

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Canoe or Kayak Water Access
  • Public Water Access
  • River Nearby

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2102111470

Community Details

Overview

  • Association fees include common area maintenance, snow removal, insurance, management
  • The Jennifer HOA
  • Low-Rise Condominium
  • Jennifer Community
  • St Michaels Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,174

Year Built

Built in 1947

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-10-10
  • Federal Flood Zone: No
  • Year Built: 1947
  • Automatically Close On Close Date: No
  • Remarks Public: IN THE HEART OF HISTORIC ST MICHAELS, WALK TO SHOPS, RESTAURANTS, WALK ING TRAIL , WATERFRONT PARK AND HARBOUR. COMPACT , COZY AND EASY LIVING IN ST MICHAELS. LEAVE YOUR CAR IN YOUR PRIVATE PARKING SPOT TO EXPLORE THE TOWN BY FOOT OR BIKE OR RENT AN ELECTRIC VEHICLE AT THE HARBOR.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Hookups Only, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Built-Ins, Combination Dining/Living, Floor Plan - Traditional, Kitchen - Galley, Recessed Lighting, Wood Floors
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 759
  • Living Area Sq Ft: 759
  • Price Per Sq Ft: 288.54
  • Above Grade Finished Sq Ft: 759
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access Features: Canoe/Kayak, Public Access
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

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
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Insurance, Management
  • HOA Name: THE JENNIFER
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

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

  • Improvement Assessed Value: 122200.00
  • Land Assessed Value: 52300.00
  • Land Use Code: 110
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5294719
  • Tax Annual Amount: 2174.00
  • Assessor Parcel Number: 2102111470
  • Tax Total Finished Sq Ft: 759
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 11/16/2020

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 16, 2020
Sold by
Pascale Bernasse & Co Inc
Bought by
Pierson Wallace Katherine J
Seller's Agent
Cornelia Heckenbach
Long & Foster Real Estate, Inc.
Buyer's Agent
Cheri Bruce-Phipps
TTR Sotheby's International Realty
List Price
$219,000
Sold Price
$219,000
Current Estimated Value
$304,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,825
Avg. Annual Appreciation
7.38%
Original Mortgage
$175,200
Outstanding Balance
$158,022
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$145,598

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jun 15, 2018
Sold by
Yohn Craig W and Yohn Sabrenia L
Bought by
Pascale Bernasse & Co Inc
Seller's Agent
Sharon Spedden
Sharon Real Estate P.C.
Buyer's Agent
Elizabeth Foulds
Long & Foster Real Estate, Inc.
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%

Purchase Details

Closed on
Feb 21, 2006
Sold by
Brackna David A
Bought by
Yohn Craig W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1991
Sold by
Hersh Paul Warren and Hersh Ira J
Bought by
Brackna David A and Brackna Marian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,550
Interest Rate
8.78%
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
Pierson Wallace Katherine J $219,000 None Available
Pascale Bernasse & Co Inc $175,000 Venture Title Co Llc
Yohn Craig W $250,000 --
Brackna David A $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierson Wallace Katherine J $175,200
Previous Owner Yohn Sabrenia L $234,500
Previous Owner Yohn Craig W $250,962
Previous Owner Yohn Craig W $200,000
Previous Owner Yohn Craig W $50,000
Previous Owner Brackna David A $122,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $219,000 0.0% $289 / Sq Ft
10/07/2020 10/07/20 For Sale $219,000 +25.1% $289 / Sq Ft
06/15/2018 06/15/18 Sold $175,000 -5.4% $231 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/09/2018 05/09/18 Price Changed $184,900 -2.6% $244 / Sq Ft
04/04/2018 04/04/18 For Sale $189,900 0.0% $250 / Sq Ft
02/23/2015 02/23/15 Rented $625 -43.2% --
02/23/2015 02/23/15 Under Contract -- -- --
02/18/2015 02/18/15 For Rent $1,100 -- --
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 $2,436 $197,300 $0 $0
2023 $2,208 $185,900 $0 $0
2022 $2,001 $174,500 $52,300 $122,200
2021 $1,957 $174,500 $52,300 $122,200
2020 $2,000 $174,500 $52,300 $122,200
2019 $4,150 $189,700 $56,900 $132,800
2018 $1,998 $180,833 $0 $0
2017 $1,618 $171,967 $0 $0
2016 $1,570 $163,100 $0 $0
2015 $1,645 $163,100 $0 $0
2014 $1,645 $163,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA139438

Bright MLS

APN: 02-111470