NOT LISTED FOR SALE

7878 Follys Cove Rd Saint Michaels, MD 21663

Estimated Value: $3,523,000 - $3,847,000

-- Bed
7 Baths
5,034 Sq Ft
$730/Sq Ft Est. Value

About This Home

This home is located at 7878 Follys Cove Rd, Saint Michaels, MD 21663 and is currently estimated at $3,676,346, approximately $730 per square foot. 7878 Follys Cove 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2015
Sold by
Ruesch Jeanette Weaver
Bought by
Jeanette Weaver Ruesch 1992 Trust
Current Estimated Value
$3,676,346

Purchase Details

Closed on
Feb 16, 2006
Sold by
Porter Stephen W Trustee
Bought by
Riesch Jeanette Weaver

Purchase Details

Closed on
Feb 3, 2005
Sold by
Boldt Louis L and Boldt Nancy L
Bought by
Porter Stephen W Trustee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,070,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1991
Sold by
Burk John W and Burk Mildred E
Bought by
Boldt Louis L and Boldt Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,950
Interest Rate
8.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Jeanette Weaver Ruesch 1992 Trust -- Attorney
Riesch Jeanette Weaver $2,345,000 --
Porter Stephen W Trustee $2,300,000 --
Boldt Louis L $817,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Porter Stephen W Trustee $2,070,000
Previous Owner Boldt Louis L $599,950
Source: Public Records

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 $20,637 $2,433,900 $1,385,100 $1,048,800
2024 $20,637 $2,298,833 $0 $0
2023 $18,408 $2,163,767 $0 $0
2022 $16,030 $2,028,700 $1,259,700 $769,000
2021 $15,301 $2,000,333 $0 $0
2020 $14,708 $1,971,967 $0 $0
2019 $14,498 $1,943,600 $1,256,700 $686,900
2018 $14,017 $1,943,600 $1,256,700 $686,900
2017 $13,331 $1,943,600 $0 $0
2016 $13,000 $2,013,600 $0 $0
2015 $13,455 $2,013,600 $0 $0
2014 $13,455 $2,013,600 $0 $0
Source: Public Records

Map

Maryland Talbot County Saint Michaels 21663

7878 Follys Cove Rd, Saint Michaels, MD

Not Listed for Sale

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