Seller's Agent in 2021
Chuck Mangold
Benson & Mangold, LLC
(410) 924-8832
1 in this area
326 Total Sales
7238 Drum Point Rd Saint Michaels, MD 21663
Saint Michaels AreaEstimated Value: $2,674,000 - $3,351,783
4
Beds
5
Baths
5,895
Sq Ft
$515/Sq Ft
Est. Value
Highlights
- 550 Feet of Waterfront
- Cabana
- 8.85 Acre Lot
- 2 Dock Slips
- Panoramic View
- Midcentury Modern Architecture
About This Home
As of September 2021Far Horizons is where the very best of privacy, location, views, and convenience all come together in this amazing, and architecturally significant St Michaels estate. Enjoy massive southwestern floor to ceiling views from this meticulously renovated Broad Creek estate. Designed by pioneering DC architect Chloethiel Woodard Smith, this one-of-a-kind, one-level home showcases unparalleled mid-century modern charm with rich wood tones and colorful accents that complement the breathtaking views from every room. Be amazed by the view from multiple terraces, both the kitchen and bedroom courtyard and large garden to be enjoyed from the bedroom and family room. Enjoy energy efficient, multi-zoned geo-thermal HVAC in the main house. Well-planned professionally landscaped grounds with colorful flowers and plantings at every turn on the 8.85 park-like acres with 550’ +/- rip-rapped shoreline, private pier with 10,000 lb boat lift, 2 jet ski lifts and kayak lift. Fabulous modern pool with proper pool house built in 2011 with full kitchen, bath, outdoor shower. All located just two miles from historic downtown St. Michaels and less than ten miles from historic downtown Easton.
Last Agent to Sell the Property
(410) 822-6665 info@bensonandmangold.com Benson & Mangold, LLC License #527518 Listed on: 06/17/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,600
Year Built
- Built in 1959
Lot Details
- 8.85 Acre Lot
- 550 Feet of Waterfront
- Home fronts navigable water
- Creek or Stream
- Landscaped
- Private Lot
- Secluded Lot
- Property is zoned RR
Parking
- 2 Car Detached Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
Property Views
- Panoramic
- Scenic Vista
- Creek or Stream
Home Design
- Midcentury Modern Architecture
- Wood Walls
Interior Spaces
- 5,895 Sq Ft Home
- Property has 1 Level
- Built-In Features
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- 3 Fireplaces
- Wood Burning Fireplace
- Window Treatments
- Sliding Windows
- Sliding Doors
- Family Room
- Formal Dining Room
- Home Office
- Bonus Room
- Wood Flooring
Kitchen
- Butlers Pantry
- Gas Oven or Range
- Six Burner Stove
- Range Hood
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- En-Suite Bathroom
- 5 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Flood Lights
Pool
- Cabana
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Canoe or Kayak Water Access
- Personal Watercraft
- Rip-Rap
- Electric Hoist or Boat Lift
- 2 Dock Slips
- Physical Dock Slip Conveys
- Powered Boats Permitted
- Patio
- Terrace
- Exterior Lighting
- Shed
- Outbuilding
- Play Equipment
- Porch
Utilities
- Ductless Heating Or Cooling System
- Zoned Heating
- Heating System Uses Oil
- Back Up Oil Heat Pump System
- Geothermal Heating and Cooling
- Well
- Oil Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Drum Point Subdivision
Listing and Financial Details
- Tax Lot 8.85
- Assessor Parcel Number 2102085801
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2021
Closed on
Sep 27, 2021
Sold by
Bought by
Seller's Agent
Chuck Mangold
Benson & Mangold, LLC
Buyer's Agent
Barbara Watkins
Benson & Mangold, LLC
List Price
$2,995,000
Sold Price
$2,737,500
Premium/Discount to List
-$257,500
-8.6%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,761
Avg. Annual Appreciation
2.16%
Original Mortgage
$1,999,999
Interest Rate
0.028%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 2007
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,737,500 | Eastern Shore Title Company | ||
| $1,375,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,999,999 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2021 09/30/21 | Sold | $2,737,500 | -8.6% | $464 / Sq Ft |
| 08/16/2021 08/16/21 | Pending | -- | -- | -- |
| 06/17/2021 06/17/21 | For Sale | $2,995,000 | -- | $508 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $24,849 | $2,725,900 | $1,483,600 | $1,242,300 |
| 2024 | $22,104 | $2,456,067 | $0 | $0 |
| 2023 | $18,659 | $2,186,233 | $0 | $0 |
| 2022 | $15,206 | $1,916,400 | $1,362,600 | $553,800 |
| 2021 | $27,342 | $1,865,900 | $0 | $0 |
| 2020 | $13,272 | $1,815,400 | $0 | $0 |
| 2019 | $13,105 | $1,764,900 | $1,233,900 | $531,000 |
| 2018 | $12,560 | $1,758,267 | $0 | $0 |
| 2017 | $11,621 | $1,751,633 | $0 | $0 |
| 2016 | $11,334 | $1,745,000 | $0 | $0 |
| 2015 | $7,706 | $1,745,000 | $0 | $0 |
| 2014 | $7,706 | $1,745,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Chuck Mangold
-
Barbara Watkins
Buyer's Agent in 2021
Barbara Watkins
Benson & Mangold, LLC
(410) 310-2021
2 in this area
151 Total Sales
Map
Source: Bright MLS
MLS Number: MDTA141422
APN: 02-085801
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