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Sold for $619,000
  • $619,000

    231 Madison Ave, Saint Michaels, MD 21663

    2beds
    1,702sqft
    Single Family Residence
    Built in 1972
    0.37 Acres Lot
    $608,500 Zestimate®
    $364/sqft
    $2,312 Estimated rent

    Home value

    $608,500

    Estimated sales range

    Not available

    $2,312/mo

    Zestimate® history
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    What's special

    Welcome to 231 Madison Avenue, a beautifully renovated one-level home located in the water access community of Rio Vista, just minutes from downtown historic St. Michaels. Offering 2 bedrooms and 2 full baths, this home has been thoughtfully updated throughout, combining modern design with classic design in this rancher. With its open floor plan, the heart of the home is the gourmet kitchen which opens to the living room where you will find a fireplace, built-in book cases, remote window shades and original wood floors. Just off this room you discover a small seating room with some water views that accesses the private office space. Through the rear door and down the steps is the three season room with tile floors and full-length windows and doors providing sunlight virtually all year round. This room access and storage/utility room and also leads to the back patio and yard. The large lot of .37 acres, includes a large patio, perfect for entertaining and offers privacy and potential to make this home your own. The yard also includes a detached shed with a concrete base and side and front entry for easy access to lawn and garden equipment. The recent renovation and its attention to detail truly transforms this traditional ranch home into a modern oasis just minutes from the shops and restaurants in historic St. Michaels.

    Zillow last checked:

    Listing updated:

    Listed by:

    Monica Penwell 410-310-0225,

    TTR Sotheby's International Realty

    Bought with:

    Stacie Luhrman, 619301

    Benson & Mangold, LLC

    Source: Bright MLS,MLS#: MDTA2011696MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Ceiling Fan(s), Heat Pump, Electric
    Appliances
    • Included: Microwave, Cooktop, Dishwasher, Disposal, Extra Refrigerator/Freezer, Ice Maker, Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked, Electric Water Heater
    Features
    • Built-in Features, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Open Floorplan, Kitchen - Gourmet, Recessed Lighting, Wine Storage
    • Flooring: Wood
    • Windows: Window Treatments
    • Has basement: No
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,702
    • Total interior livable area: 1,702 sqft
    • Finished area above ground: 1,702
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Circular Driveway, Crushed Stone, Driveway
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Pool features: None
    Lot
    • Size: 0.37 Acres
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2102070685
    • Zoning: R
    • Zoning description: Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch/Rambler
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1972
    • Major remodel year: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Saint Michaels
    • Subdivision: Rio Vista

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $100 annually

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/20/2025Sold$619,000$364/sqft
    Source: Bright MLS #MDTA2011696 Report a problem
    9/27/2025Pending sale$619,000$364/sqft
    Source: Bright MLS #MDTA2011696 Report a problem
    9/22/2025Contingent$619,000$364/sqft
    Source: Bright MLS #MDTA2011696 Report a problem
    9/10/2025Price change$619,000-4.6%$364/sqft
    Source: Bright MLS #MDTA2011696 Report a problem
    9/5/2025Listed for sale$649,000+159.7%$381/sqft
    Source: Bright MLS #MDTA2011696 Report a problem
    5/2/2018Sold$249,900+50.5%$147/sqft
    Source: Public Record Report a problem
    7/2/1996Sold$166,000$98/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $299,200 +5.6%
    2024$2,559 +11.8%$283,333 +5.9%
    2023$2,288 +14.5%$267,467 +6.3%
    2022$1,998 +6%$251,600
    2021$1,885 $251,600
    2020$1,885 -5.6%$251,600 -5.6%
    2019$1,997 +7%$266,600 +2.5%
    2018$1,867 +7.9%$260,000 +2.6%
    2017$1,730 +9.1%$253,400 +2.7%
    2016$1,586 $246,800
    2015$1,586 +71.1%$246,800
    2014$927 $246,800 -12.3%
    2013-- $281,300
    2012-- $281,300
    2011-- $281,300 -19%
    2010-- $347,460 +8.6%
    2009-- $320,060 +9.4%
    2008-- $292,660 +10.3%
    2007-- $265,260 +11%
    2006-- $238,960 +12.4%
    2005-- $212,660 +14.1%
    2004-- $186,360 +5.3%
    2003-- $177,062 +5.5%
    2002-- $167,766 +5.9%
    2001-- $158,470

    Find assessor info on the county website

    Neighborhood: 21663

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Talbot County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $608,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $608,500