NOT LISTED FOR SALE

7116 Pea Neck Rd Saint Michaels, MD 21663

Estimated Value: $1,386,000 - $2,552,000

3 Beds
3 Baths
2,863 Sq Ft
$722/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $2,300,000 $803 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $11,971/month

166 Days on Market

Highlights

  • 1,650 Feet of Waterfront
  • Access to Tidal Water
  • 20.3 Acre Lot
  • 2 Dock Slips
  • Concrete Pool
  • Open Floorplan

About This Home

As of September 2020

Privacy and nature abound in this beautifully expanded 3 bedroom home with additional 1 bedroom guest apartment over the detached garage. 20 acre property includes farm, orchard, gardens and beautiful landscaping. Agreement with local farmer provides nominal income and keeps taxes low as a farm. Major renovation and expansion in 2006 include expanding main house with new 1st floor master bedroom and bath, new dining room, sun room, three fireplaces, decks, finished 3rd floor with balconies, new pool, new dock, new detached garage with workshop and 1 bedroom guest apartment above. Enjoy breathtaking sunsets every night with expansive views of Edge Creek. This is truly a nature lover s paradise less than 4 miles from the shops and restaurants of St Michaels. It must be seen to be appreciated.

Last Agent to Sell the Property

Larry Brennan

TTR Sotheby's International Realty Listed on: 02/01/2020

TTR Sotheby's International Realty

Last Buyer's Agent

Brian Gearhart

Benson & Mangold, LLC License #510143

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,456

Year Built

  • Built in 1993

Lot Details

  • 20.3 Acre Lot
  • 1,650 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Creek or Stream
  • Property is zoned RE, AG, Residential and Aggriclulture

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Cottage

Interior Spaces

  • 2,863 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • 3 Fireplaces
  • Entrance Foyer
  • Family Room
  • Living Room
  • Loft
  • Sun or Florida Room

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Concrete Pool
  • Access to Tidal Water
  • Water Access
  • Rip-Rap
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Multiple Balconies
  • Deck
  • Patio
  • Outbuilding
  • Playground
  • Play Equipment
  • Wrap Around Porch

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Well
  • Bottled Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 2102110601

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,456

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Remarks Public: Privacy and nature abound in this beautifully expanded 3 bedroom home with additional 1 bedroom guest apartment over the detached garage. 20 acre property includes farm, orchard, gardens and beautiful landscaping. Agreement with local farmer provides nominal income and keeps taxes low as a farm. Major renovation and expansion in 2006 include expanding main house with new 1st floor master bedroom and bath, new dining room, sun room, three fireplaces, decks, finished 3rd floor with balconies, new pool, new dock, new detached garage with workshop and 1 bedroom guest apartment above. Enjoy breathtaking sunsets every night with expansive views of Edge Creek. This is truly a nature lover s paradise less than 4 miles from the shops and restaurants of St Michaels. It must be seen to be appreciated.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Floor Plan - Open
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Sun/Florida Room, Laundry, Loft, Full Bath
  • Basement: No
  • Laundry Type: Main Floor, Has Laundry
  • Total Sq Ft: 2863
  • Living Area Sq Ft: 2863
  • Price Per Sq Ft: 904.65
  • Above Grade Finished Sq Ft: 2863
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7116

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Outbuilding(s), Play Area, Play Equipment
  • Pool Features: Concrete, Heated
  • Water Access: Yes
  • Water Body Name: Edge Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: Yes
  • Water View: No
  • Water Frontage In Feet: 1650

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

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: 456900.00
  • Land Assessed Value: 404900.00
  • Lot Size Acres: 20.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 884268.00
  • Outdoor Living Structures: Patio(s), Balcony, Balconies- Multiple, Porch(es), Deck(s), Wrap Around
  • Year Assessed: 2019
  • Zoning: RE, AG
  • Zoning Description: Residential and Aggriclulture
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5294643
  • Tax Annual Amount: 6456.00
  • Assessor Parcel Number: 2102110601
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 2863
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/21/2020

Multi Family

  • Mean Low Water Feet: 3
  • Waterfront Features: Rip-Rap, Private Dock Site

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
Sep 21, 2020
Sold by
Gourgey William and Gourgey Brenda
Bought by
Sandoval Ricardo A and Sandoval Alison R
Seller's Agent
Larry Brennan
TTR Sotheby's International Realty
Buyer's Agent
Brian Gearhart
Benson & Mangold, LLC
List Price
$2,590,000
Sold Price
$2,300,000
Premium/Discount to List
-$290,000
-11.2%
Total Days on Market
166
Current Estimated Value
$2,067,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$232,948
Avg. Annual Appreciation
-2.13%
Original Mortgage
$1,000,000
Outstanding Balance
$891,455
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,175,597

Purchase Details

Closed on
Dec 7, 2005
Sold by
Scofield Richard
Bought by
Gourgey William and Gourgey Brenda
Source: Public Records

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
Sandoval Ricardo A $2,300,000 Eastern Shore Title Co
Gourgey William $1,505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandoval Ricardo A $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $2,300,000 -11.2% $803 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $2,590,000 -- $905 / 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
2025 $9,555 $1,120,900 $454,800 $666,100
2024 $9,555 $1,060,800 $0 $0
2023 $8,546 $1,000,700 $0 $0
2022 $7,464 $940,600 $444,800 $495,800
2021 $7,027 $914,400 $0 $0
2020 $6,657 $888,100 $0 $0
2019 $6,462 $861,800 $404,900 $456,900
2018 $6,139 $853,800 $0 $0
2017 $5,582 $845,800 $0 $0
2016 $5,444 $837,800 $0 $0
2015 $4,725 $837,800 $0 $0
2014 $4,725 $837,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larry Brennan

    Seller's Agent in 2020

    Larry Brennan

    TTR Sotheby's International Realty

    (410) 443-3659

    16 in this area

    31 Total Sales

    Larry Brennan
    Section Image
  • Brian Gearhart

    Buyer's Agent in 2020

    Brian Gearhart

    Benson & Mangold, LLC

    (410) 310-5179

    36 in this area

    336 Total Sales

    Brian Gearhart
    Section Image
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Map

Source: Bright MLS

MLS Number: MDTA137296

Bright MLS

APN: 02-110601

Maryland Talbot County Saint Michaels 21663

7116 Pea Neck Rd, Saint Michaels, MD

This home is located at 7116 Pea Neck Rd, Saint Michaels, MD 21663 since 01 February 2020 and is currently estimated at $2,067,052, approximately $721 per square foot. This property was built in 1993. 7116 Pea Neck Rd is a home located in Talbot County with nearby schools including St. Michaels Elementary School, St. Michaels Middle/High School, and Easton High School.

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