NOT LISTED FOR SALE

7121 Drum Point Rd Saint Michaels, MD 21663

Estimated Value: $1,729,000 - $1,986,545

4 Beds
3 Baths
3,500 Sq Ft
$533/Sq Ft Est. Value

Last Sold September 10, 2018

Last sale price $1,000,000 $286 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $11,270/month

81 Days on Market

Highlights

  • 500 Feet of Waterfront
  • Pier
  • Fishing Allowed
  • 2 Dock Slips
  • In Ground Pool
  • Gourmet Kitchen

About This Home

As of September 2018

Eastern Shore Living at its Finest! Incredible entertaining spaces all facing the water. Large screened in porch, great room, gourmet kitchen, living room - all beautifully offering fun & relaxation. Dock and over 3 acres with garden shed and room to run! 2 car garage. Wonderful primary residence or Eastern Shore Retreat.

Last Agent to Sell the Property

Jane McCarthy

Benson & Mangold, LLC License #81945 Listed on: 04/30/2018

Benson & Mangold, LLC

Last Buyer's Agent

Rose Taylor

RE/MAX United Real Estate License #590657

RE/MAX United Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,282

Year Built

  • Built in 1965 | Remodeled in 2002

Lot Details

  • 3.28 Acre Lot
  • 500 Feet of Waterfront
  • Private Lot
  • Premium Lot
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Brick Foundation
  • Shingle Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Vaulted Ceiling
  • 3 Fireplaces
  • Screen For Fireplace
  • Fireplace Mantel
  • Insulated Windows
  • Window Treatments
  • French Doors
  • Insulated Doors
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Wood Flooring
  • Basement
  • Sump Pump

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Flood Lights

Outdoor Features

  • In Ground Pool
  • Pier
  • Water Oriented
  • River Nearby
  • Sail
  • Canoe or Kayak Water Access
  • Rip-Rap
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Deck
  • Screened Patio
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Vented Exhaust Fan
  • Baseboard Heating
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3.28
  • Assessor Parcel Number 2102077086

Community Details

Overview

  • No Home Owners Association
  • Drum Point Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,282

Year Built

Built in 1965 | Remodeled in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1965
  • Year Renovated: 2002
  • Remarks Public: Eastern Shore Living at its Finest! Incredible entertaining spaces all facing the water. Large screened in porch, great room, gourmet kitchen, living room - all beautifully offering fun & relaxation. Dock and over 3 acres with garden shed and room to run! 2 car garage. Wonderful primary residence or Eastern Shore Retreat.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Kitchen - Island, Combination Dining/Living, Primary Bath(s), Built-Ins, Upgraded Countertops, Chair Railings, Crown Moldings, Window Treatments, Wood Floors
  • Window Features: Insulated
  • Fireplace Features: Equipment, Mantel(s), Screen
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: French, Insulated
  • Wall Ceiling Types: Vaulted Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Sun/Florida Room
  • Basement: Yes
  • Basement Type: Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 3500
  • Living Area Sq Ft: 3500
  • Price Per Sq Ft: 398.57
  • Above Grade Finished Sq Ft: 3500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7121

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Shingle Siding, Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Exterior Features: Flood Lights
  • Pool Features: In Ground
  • Roof: Shingle
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Sail
  • Water Access: No
  • Water Body Name: BARRETT COVE
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: No
  • Water Frontage In Feet: 500

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Gravel Driveway
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric, Oil
  • Heating Type: Baseboard, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Septic Exists
  • Utilities: Under Ground, Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 520100.00
  • Land Assessed Value: 546400.00
  • Lot Features: Premium, Rip-Rapped, Private
  • Lot Size Acres: 3.28
  • Lot Size Area: 142877
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 142877.00
  • Outdoor Living Structures: Deck(s), Screened
  • Property Condition: Very Good
  • Year Assessed: 2018

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: Deeded
  • Mean Low Water Feet: 4
  • Waterfront Features: Rip-Rap

Tax Info

  • Assessor Parcel Number: 5292682
  • Tax Annual Amount: 7282.00
  • Assessor Parcel Number: 2102077086
  • Tax Lot: 3.28
  • Tax Total Finished Sq Ft: 3506
  • Tax Year: 2017
  • Close Date: 09/10/2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
Sep 7, 2018
Sold by
Murray Kari L and Martin Jackie L
Bought by
Demott William J and Maynor Maureen E
Seller's Agent
Jane McCarthy
Benson & Mangold, LLC
Buyer's Agent
Rose Taylor
RE/MAX United Real Estate
List Price
$1,450,000
Sold Price
$1,000,000
Premium/Discount to List
-$450,000
-31.03%
Current Estimated Value
$1,864,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$864,886
Avg. Annual Appreciation
9.97%

Purchase Details

Closed on
Aug 19, 2004
Sold by
Farmer Lawrence W and Farmer Susan
Bought by
Martin Jackie L and Murray Kari L

Purchase Details

Closed on
Nov 28, 2000
Sold by
Olszewski Alan M
Bought by
Farmer Lawrence W and Farmer Susan

Purchase Details

Closed on
Dec 8, 1999
Sold by
Newton Charles G
Bought by
Olszewski Alan M

Purchase Details

Closed on
Dec 17, 1998
Sold by
Stein Philip and Stein Suzanne L
Bought by
Newton Charles G and Merrill Nancy E
Source: Public Records

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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
Demott William J $1,000,000 Velocity National Title Co L
Martin Jackie L $1,495,000 --
Farmer Lawrence W $800,000 --
Olszewski Alan M $600,000 --
Newton Charles G $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demott William J $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2018 09/10/18 Sold $1,000,000 -28.3% $286 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
06/18/2018 06/18/18 Price Changed $1,395,000 -3.8% $399 / Sq Ft
04/30/2018 04/30/18 For Sale $1,450,000 -- $414 / 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 $10,572 $1,174,400 $0 $0
2023 $9,259 $1,084,800 $0 $0
2022 $7,894 $995,200 $585,100 $410,100
2021 $15,406 $995,200 $585,100 $410,100
2020 $7,453 $995,200 $585,100 $410,100
2019 $7,982 $1,066,500 $546,400 $520,100
2018 $7,654 $1,066,500 $546,400 $520,100
2017 $7,164 $1,066,500 $0 $0
2016 $6,986 $1,077,800 $0 $0
2015 $7,234 $1,077,800 $0 $0
2014 $7,234 $1,077,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jane McCarthy

    Seller's Agent in 2018

    Jane McCarthy

    Benson & Mangold, LLC

    (410) 310-6692

    46 Total Sales

    Jane McCarthy
    Section Image
  • Rose Taylor

    Buyer's Agent in 2018

    Rose Taylor

    RE/MAX

    (301) 651-3556

    123 Total Sales

    Rose Taylor
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000463252

Bright MLS

APN: 02-077086

Maryland Talbot County Saint Michaels 21663

7121 Drum Point Rd, Saint Michaels, MD

This home is located at 7121 Drum Point Rd, Saint Michaels, MD 21663 since 30 April 2018 and is currently estimated at $1,864,886, approximately $532 per square foot. This property was built in 1965. 7121 Drum Point 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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