NOT LISTED FOR SALE

7171 Drum Point Rd Saint Michaels, MD 21663

Estimated Value: $1,697,000 - $1,825,628

4 Beds
3 Baths
3,000 Sq Ft
$592/Sq Ft Est. Value

Last Sold June 25, 2025

Last sale price $1,840,000 $613 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $10,192/month

11 Days on Market

Highlights

  • 420 Feet of Waterfront
  • Access to Tidal Water
  • Tennis Courts
  • 2 Dock Slips
  • Boat Ramp
  • Private Pool

About This Home

As of June 2025

Your own private resort in St Michael’s Maryland!! This one has it all and then some! Dock with boat lift, swimming pool, tennis court, 4 to 5 bedrooms, beautiful baths, hardwood floors. Within the last five years the owners have put on a new roof and dormers, redone the kitchen, encapsulated the crawlspace, installed a boat lift, replaced the boiler and painted the exterior. Don’t miss your chance to see this amazing property before it sells.

Last Agent to Sell the Property

Larry Brennan

(410) 443-3659 lbrennan@ttrsir.com TTR Sotheby's International Realty Listed on: 04/05/2025

TTR Sotheby's International Realty

Last Buyer's Agent

Holly Worthington

(443) 366-9589 worthingtonrealtyllc@gmail.com Worthington Realty Group, LLC License #0225265879

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,850

Year Built

  • Built in 1969

Lot Details

  • 3.09 Acre Lot
  • 420 Feet of Waterfront
  • Home fronts navigable water
  • West Facing Home

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room on Second Floor
  • Sitting Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Private Pool
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Personal Watercraft
  • Sail
  • Electric Hoist or Boat Lift
  • Manual Hoist or Boat Lift
  • Boat Ramp
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Tennis Courts
  • Deck
  • Shed

Utilities

  • Central Air
  • Heating System Powered By Owned Propane
  • Hot Water Baseboard Heater
  • Propane Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 2102086611

Community Details

Overview

  • No Home Owners Association
  • St Michaels Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,850

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1969
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Foyer, 2nd Stry Fam Rm, Sun/Florida Room, Laundry, Bathroom 2, Bathroom 3, Bonus Room, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 641.67
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Exterior Features: Tennis Court(s)
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: Yes
  • Water View: No
  • Water Frontage In Feet: 420

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Private Sewer
  • Water Source: Private
  • Internet Services: Broadband

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 3.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 134600.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9850.00
  • Assessor Parcel Number: 2102086611
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Private Dock Site, Boat/Launch Ramp - Private

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2025
Closed on
Jun 25, 2025
Sold by
Arnold Ralph Lee and Arnold Karen Sparr
Bought by
Shanks Damian and Shanks Kim
Seller's Agent
Larry Brennan
TTR Sotheby's International Realty
Buyer's Agent
Holly Worthington
Worthington Realty Group, LLC
List Price
$1,925,000
Sold Price
$1,840,000
Premium/Discount to List
-$85,000
-4.42%
Views
52
Current Estimated Value
$1,774,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,093
Avg. Annual Appreciation
-8.41%
Original Mortgage
$1,000,000
Outstanding Balance
$995,896
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$779,011

Purchase Details

Listed on
Feb 5, 2020
Closed on
Jul 31, 2020
Sold by
Moran Colleen
Bought by
Arnold Ralph Lee and Arnold Karen Sparr
Seller's Agent
Chuck Mangold
Benson & Mangold, LLC
Buyer's Agent
Larry Brennan
TTR Sotheby's International Realty
List Price
$1,095,000
Sold Price
$1,000,000
Premium/Discount to List
-$95,000
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%
Original Mortgage
$500,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2010
Sold by
Drum Point Road Llc
Bought by
Moran Colleen

Purchase Details

Closed on
Oct 31, 2007
Sold by
Northern Chesapeake Builders Corp
Bought by
Drum Point Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2007
Sold by
Northern Chesapeake Builders Corp
Bought by
Drum Point Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 1999
Sold by
Chapman John R and Chapman Frances J
Bought by
Northern Chesapeake Builders Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shanks Damian $1,840,000 First American Title
Shanks Damian $1,840,000 First American Title
Arnold Ralph Lee $1,000,000 Venture Title Co Llc
Moran Colleen $999,000 --
Drum Point Road Llc $850,000 --
Drum Point Road Llc $850,000 --
Northern Chesapeake Builders Corp $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shanks Damian $1,000,000
Closed Shanks Damian $1,000,000
Previous Owner Arnold Ralph Lee $500,000
Previous Owner Drum Point Road Llc $580,000
Previous Owner Drum Point Road Llc $580,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2025 06/25/25 Sold $1,840,000 -4.4% $613 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
04/05/2025 04/05/25 For Sale $1,925,000 +92.5% $642 / Sq Ft
07/31/2020 07/31/20 Sold $1,000,000 -5.9% $512 / Sq Ft View Prior Sale
05/26/2020 05/26/20 Pending -- -- --
04/02/2020 04/02/20 Price Changed $1,062,500 -3.0% $544 / Sq Ft
02/05/2020 02/05/20 For Sale $1,095,000 -- $561 / 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 $9,824 $1,206,900 $751,200 $455,700
2024 $9,824 $1,090,800 $0 $0
2023 $8,325 $974,700 $0 $0
2022 $6,819 $858,600 $584,000 $274,600
2021 $6,398 $831,800 $0 $0
2020 $5,920 $805,000 $0 $0
2019 $5,841 $778,200 $500,400 $277,800
2018 $5,373 $778,200 $500,400 $277,800
2017 $5,513 $778,200 $0 $0
2016 $5,377 $827,300 $0 $0
2015 $5,591 $827,300 $0 $0
2014 $5,591 $827,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA2010340

Bright MLS

APN: 02-086611