NOT LISTED FOR SALE

729 Riverview Terrace Saint Michaels, MD 21663

Estimated Value: $2,028,000 - $3,251,127

3 Beds
1 Bath
1,506 Sq Ft
$1,777/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $1,363,500 $905 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $16,656/month

206 Days on Market

Highlights

  • 220 Feet of Waterfront
  • Private Water Access
  • Premium Lot
  • 1 Boat Dock
  • Fishing Allowed
  • Stream or River on Lot

About This Home

As of May 2019

Incredible opportunity to own two waterfront lots with an unobstructed view of the Miles River. Existing house sits on over an acre of prime St. Michaels waterfront with the ability to renovate, replace, or create two very special lots. Public services and no town taxes.

Last Agent to Sell the Property

Jim Corson

Benson & Mangold, LLC Listed on: 08/31/2018

Benson & Mangold, LLC

Last Buyer's Agent

Jim Corson

Benson & Mangold, LLC Listed on: 08/31/2018

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,300

Year Built

  • Built in 1953

Lot Details

  • 1.28 Acre Lot
  • 220 Feet of Waterfront
  • Home fronts navigable water
  • Premium Lot
  • Property is in very good condition

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,506 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Water Access
  • River Nearby
  • No Personal Watercraft
  • Electric Hoist or Boat Lift
  • 1 Boat Dock
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 2 Powered Boats Permitted
  • Screened Patio
  • Shed

Location

  • Flood Risk

Utilities

  • Heating System Uses Oil
  • Heat Pump System
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 2102074281

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,300

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1953
  • Remarks Public: Incredible opportunity to own two waterfront lots with an unobstructed view of the Miles River. Existing house sits on over an acre of prime St. Michaels waterfront with the ability to renovate, replace, or create two very special lots. Public services and no town taxes.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dryer, Dishwasher, Oven - Single, Refrigerator, Washer
  • Interior Amenities: Kitchen - Eat-In, Built-Ins, Entry Level Bedroom
  • Fireplace Features: Equipment
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1506
  • Living Area Sq Ft: 1506
  • Price Per Sq Ft: 1059.10
  • Above Grade Finished Sq Ft: 1506
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 729

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks
  • Roof: Asphalt
  • View: Water
  • Water Access Features: Boat - Powered, Fishing Allowed, No Personal Watercraft (PWC), Private Access
  • Water Access: Yes
  • Water Body Name: MILES RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 220

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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

Lot Info

  • Improvement Assessed Value: 156500.00
  • Land Assessed Value: 1230000.00
  • Lot Features: Premium
  • Lot Size Acres: 1.28
  • Lot Size Area: 55757
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 55757.00
  • Outdoor Living Structures: Screened
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5292442
  • Tax Annual Amount: 8299.89
  • Assessor Parcel Number: 2102074281
  • Tax Lot: 11
  • Tax Total Finished Sq Ft: 1506
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 05/31/2019

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 3
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2019
Sold by
729 Riverview Llc
Bought by
Reading Family Partners Lp
Current Estimated Value
$2,819,096

Purchase Details

Listed on
Aug 31, 2018
Closed on
May 31, 2019
Sold by
Marsha H Kemp Irrevocable Trust
Bought by
729 Riverview Llc
Seller's Agent
Jim Corson
Benson & Mangold, LLC
Buyer's Agent
Jim Corson
Benson & Mangold, LLC
List Price
$1,695,000
Sold Price
$1,363,500
Premium/Discount to List
-$331,500
-19.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%

Purchase Details

Closed on
Feb 13, 2006
Sold by
Harrison Mary M
Bought by
Harrison Steven C
Source: Public Records

Range of Values:

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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
Reading Family Partners Lp -- None Available
729 Riverview Llc $1,363,500 None Available
Harrison Steven C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $1,363,500 -14.5% $905 / Sq Ft
04/01/2019 04/01/19 Price Changed $1,595,000 +17.0% $1,059 / Sq Ft
03/31/2019 03/31/19 Off Market $1,363,500 -- --
03/25/2019 03/25/19 Pending -- -- --
08/31/2018 08/31/18 For Sale $1,695,000 -- $1,125 / 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 $14,650 $1,636,667 $0 $0
2023 $13,285 $1,566,733 $0 $0
2022 $11,783 $1,496,800 $700,400 $796,400
2021 $5,154 $676,400 $676,400 $0
2020 $5,068 $676,400 $676,400 $0
2019 $10,299 $1,386,500 $1,230,000 $156,500
2018 $9,264 $1,301,033 $0 $0
2017 $7,448 $1,215,567 $0 $0
2016 $7,262 $1,130,100 $0 $0
2015 $7,773 $1,130,100 $0 $0
2014 $7,773 $1,130,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Corson

    Seller's Agent in 2019

    Jim Corson

    Benson & Mangold, LLC

    (410) 310-6275

    138 Total Sales

    Section Image
  • Larry Brennan

    Buyer Co-Listing Agent in 2019

    Larry Brennan

    TTR Sotheby's International Realty

    (410) 443-3659

    32 Total Sales

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Map

Source: Bright MLS

MLS Number: 1002352658

Bright MLS

APN: 02-074281

Maryland Talbot County Saint Michaels 21663

729 Riverview Terrace, Saint Michaels, MD

This home is located at 729 Riverview Terrace, Saint Michaels, MD 21663 since 31 August 2018 and is currently estimated at $2,676,042, approximately $1,776 per square foot. This property was built in 1953. 729 Riverview Terrace 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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