$1,000,000
SOLD JUL 31, 2020

7171 Drum Point Rd Saint Michaels, MD 21663

4 Beds
3 Baths
1,953 Sq Ft
3.09 Acres

Recently Sold

$512 Per Sq Ft

9% Below List Price

Highlights

  • Private Dock Site
  • Canoe or Kayak Water Access
  • 3.09 Acre Lot
  • Home fronts navigable water
  • Gunite Pool
  • Traditional Architecture

About This Home

As of June 2025

Private and serene, this amazing Barrett Cove waterfront retreat is the perfect place to call home. Interior of this four bedroom home features hardwood floors, first floor waterfront master suite that walks out to deck, sunroom, and large kitchen with breakfast bar and dining area. Plenty of outdoor entertainment awaits you! Boating, fishing, crabbing, swimming in the in-ground pool or playing a round of tennis on your private tennis court. Backup generator. Convenient kayak launch, and a pier with boat lift and plenty of room to store all of your pool toys and kayaks in one of the outbuildings.

Last Agent to Sell the Property

Chuck Mangold

(410) 924-8832 chuck@chuckmangold.com Benson & Mangold, LLC License #527518 Listed on: 02/05/2020

Benson & Mangold, LLC

Last Buyer's Agent

Larry Brennan

(410) 443-3659 lbrennan@ttrsir.com TTR Sotheby's International Realty

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,830

Year Built

  • Built in 1969

Lot Details

  • 3.09 Acre Lot
  • Home fronts navigable water
  • Property is zoned RR

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,953 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Outdoor Features

  • Gunite Pool
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property Near A Cove
  • Private Dock Site
  • Powered Boats Permitted
  • Exterior Lighting
  • Outbuilding

Utilities

  • Zoned Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Drum Point Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 2102086611

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,830

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
  • Remarks Public: Private and serene, this amazing Barrett Cove waterfront retreat is the perfect place to call home. Interior of this four bedroom home features hardwood floors, first floor waterfront master suite that walks out to deck, sunroom, and large kitchen with breakfast bar and dining area. Plenty of outdoor entertainment awaits you! Boating, fishing, crabbing, swimming in the in-ground pool or playing a round of tennis on your private tennis court. Backup generator. Convenient kayak launch, and a pier with boat lift and plenty of room to store all of your pool toys and kayaks in one of the outbuildings.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1953
  • Living Area Sq Ft: 1953
  • Price Per Sq Ft: 544.03
  • Above Grade Finished Sq Ft: 1953
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7171

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
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Outbuilding(s)
  • Pool Features: Gunite
  • Water Access Features: Boat - Powered, Canoe/Kayak, Private Access
  • Water Access: Yes
  • Water Body Type: Cove
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: No

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Propane - Owned
  • Heating Type: Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • 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: 277800.00
  • Land Assessed Value: 500400.00
  • Land Use Code: 110
  • Lot Size Acres: 3.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 134600.00
  • Year Assessed: 2019
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5293475
  • Tax Annual Amount: 5830.00
  • Assessor Parcel Number: 2102086611
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 1953
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/31/2020

Multi Family

  • Waterfront Features: Private Dock Site

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
Lee Arnold Jr Ralph and Sparr Arnold Karen
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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.11%
Original Mortgage
$1,000,000
Outstanding Balance
$997,958
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$814,411

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,200
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

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:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $1,840,000 First American Title
Deed $1,840,000 First American Title
Deed $1,000,000 Venture Title Co Llc
Deed $999,000 --
Deed $850,000 --
Deed $850,000 --
Deed $525,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Closed $1,000,000 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $887,100 New Conventional
Previous Owner $799,200 Purchase Money Mortgage
Previous Owner $580,000 Purchase Money Mortgage
Previous Owner $580,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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: MDTA137320

Bright MLS

APN: 02-086611