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$849,900

Beds
6
Baths
7.0
sq ft
5,172

209 W Federal St, Snow Hill, MD 21863

209 W Federal St

SNOW HILL, MD 21863

  • 108 days on market
Historic Chanceford Hall is among Maryland's "Top 100 Homes," as listed on the National Historic Register. A Federal Era Mansion constructed in 1742, this 6 Bedroom, 7 Bath home showcases its historic details while featuring all the contemporary amenities of a new home. Chanceford Hall is located in the Historic town of Snow Hill, on Maryland's Eastern Shore, between the beaches of Ocean City, MD, and Chincoteague Island, VA. It is a short distance to Snow Hill's shops, restaurants, bars, and parks. Just a few hours away from the metro areas of Richmond, Norfolk, Washington DC, Baltimore, and Philadelphia. The location is a perfect mix of small-town charm with convenient access to metropolitan cities. Currently, the home is both a private residence and an operating Bed and Breakfast, giving the buyer either option they would desire. All permits and all infrastructure are in place to operate as a business or choose to make it yours alone. The beautiful historical details abound, from the 10-foot tall ceilings on the 1st floor (9 feet on the 2nd floor), the ten fireplaces, the Federal style moldings, and the huge windows in every room. Every day is like an adventure in which you have turned back the pages in time. Beautiful gardens surround the home with a lap swimming pool in the backyard, a large terrace for entertaining, and a covered carport/entertaining area to keep things going even if the weather won't cooperate. When the weather turns cold, sit in the Solarium just off the kitchen and watch the outdoors through the surrounding windows that give you a full view as you snuggle by the TV. New HVAC systems, as well as a furnace heat system, will keep you comfortable year-round. The large Gourmet Kitchen is a chef's dream and perfect for entertaining. Each spacious bedroom on every floor has its own bathroom. Every guest you have will forever be telling stories of your amazing home to their friends years after they have come to stay. Because this home is so special, it has been included in several books of historic area homes (two excerpts can be found in the documents section of the listing). If this is the kind of life and home experience you dream of, come see Chanceford Hall before this opportunity is history.

Details

Property type

Single Family Residence

Est. home value

$575,131

Lot size

1.1 acres

Price per sq ft

$165

Year built

1742

Annual property taxes

$6,724.44

HOA

No

Price History

11/23/2024
Bright

Bright #MDWO2026932

Listed
$849,900
+70.01%
01/14/2021
Bright

Bright #1001564528

Sold
$499,900

Schools & Community

Elementary school: 

SNOW HILL

Middle school: 

SNOW HILL

High school: 

SNOW HILL

Community features: 

Sidewalks

School district: 

WORCESTER COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$328,582
Asking price
$849,900
Closing costs (~8% of asking)
-$67,992
Est. remaining loan balance
-$453,326
Cash to seller
$328,582

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

January 2021

Original loan amount

$499,900

Est. remaining balance

$453,326

Interest rate

2.72%

Loan type

VA, 30 year

Seller

Matthew Frederick Marsh and Sharon Lips Marsh

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 12:05 AM

Listing updated: 11/23/2024 at 12:09 AM

Listed by: Clinton Bickford, Keller Williams Realty Delmarva Phone #: (410) 524-6400

MLS: Bright #MDWO2026932

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