NOT LISTED FOR SALE

Estimated Value: $718,000 - $1,015,000

3 Beds
2.5 Baths
1,888 Sq Ft
$434/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $490,000 $260 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,007/month

7 Days on Market

Highlights

  • Water Oriented
  • Traditional Architecture
  • Central Air
  • Waterfront
  • More Than Two Accessible Exits
  • 4-minute walk to Sinclair Avenue Waterfront park

About This Home

As of March 2020

FANTASTIC PRICE FOR THIS BEAUTIFUL WATERFRONT LOCATION!Tilghman Quay located on Tilghman Island 15 minutes outside St Michaels is where you need to buy your next home.This property has a large great room which opens thru a french door to a wrap around enclosed porch. There you can take in the panoramic views of the Chesapeake Bay. Light and airy eat in kitchen with granite counter tops, dining area, half bath and laundry room round out the first floor.Upstairs there is the Master en suite with unobstructed views of the bay. As well as 2 more bedrooms with a Jack and Jill bath. This property will give you the best of Shore Living. This is an incredible opportunity to purchase a turnkey waterfront property for under $500,000.Lets get you in before the season kicks off!

Last Agent to Sell the Property

Dawn Lednum

Chesapeake Bay Real Estate Plus, LLC License #78241 Listed on: 02/10/2020

Last Buyer's Agent

Cornelia Fallon

Coldwell Banker Waterman Realty License #646884

Coldwell Banker Waterman Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,547

Year Built

  • Built in 2017

Lot Details

  • 0.28 Acre Lot
  • Waterfront

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,888 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Water Oriented
  • Property near a bay

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Well

Community Details

  • Tilghman Quay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2105194873

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,547

Year Built

Built in 2017

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2017
  • Remarks Public: FANTASTIC PRICE FOR THIS BEAUTIFUL WATERFRONT LOCATION!Tilghman Quay located on Tilghman Island 15 minutes outside St Michaels is where you need to buy your next home.This property has a large great room which opens thru a french door to a wrap around enclosed porch. There you can take in the panoramic views of the Chesapeake Bay. Light and airy eat in kitchen with granite counter tops, dining area, half bath and laundry room round out the first floor.Upstairs there is the Master en suite with unobstructed views of the bay. As well as 2 more bedrooms with a Jack and Jill bath. This property will give you the best of Shore Living. This is an incredible opportunity to purchase a turnkey waterfront property for under $500,000.Lets get you in before the season kicks off!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1888
  • Living Area Sq Ft: 1888
  • Price Per Sq Ft: 262.18
  • Above Grade Finished Sq Ft: 1888
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21326

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 1200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: TALBOT COUNTY PUBLIC SCHOOLS
  • School District Key: 121138072466
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12190.00
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5302335
  • Assessor Parcel Number: 2105194873
  • Tax Year: 2019
  • Close Date: 03/16/2020

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2023
Sold by
Bowman Stephen H and Bowman Susan B
Bought by
Stephen H Bowman And Susan B Bowman Revocable
Current Estimated Value
$819,921

Purchase Details

Listed on
Feb 10, 2020
Closed on
Mar 16, 2020
Sold by
Hughes David R and Hughes Marcela
Bought by
Bowman Stephen H and Bowman Susan B
Seller's Agent
Dawn Lednum
Chesapeake Bay Real Estate Plus, LLC
Buyer's Agent
Cornelia Fallon
Coldwell Banker Waterman Realty
List Price
$495,000
Sold Price
$490,000
Premium/Discount to List
-$5,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$392,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2016
Closed on
Oct 24, 2016
Sold by
Corliss Michael and Laidley Donna J
Bought by
Hughes David R and Hughes Marcela
Seller's Agent
Dawn Lednum
Chesapeake Bay Real Estate Plus, LLC
Buyer's Agent
Donna Endzel
Coldwell Banker Chesapeake Real Estate Company
List Price
$589,900
Sold Price
$569,900
Premium/Discount to List
-$20,000
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.36%
Original Mortgage
$455,920
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2009
Sold by
Barba Ellen R
Bought by
Corliss Michael and Laidley Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,441
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2007
Sold by
Barba Phillip D
Bought by
Barba Ellen R

Purchase Details

Closed on
Oct 2, 2007
Sold by
Barba Phillip D
Bought by
Barba Ellen R

Purchase Details

Closed on
Apr 28, 2005
Sold by
Kennedy William E
Bought by
Barba Phillip M and Barba Ellen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,200
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2003
Sold by
Conn Barry R and Conn Mary E
Bought by
Kennedy William E and Kennedy Carolyn A
Source: Public Records

Range of Values:

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Average Value
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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
Stephen H Bowman And Susan B Bowman Revocable -- --
Bowman Stephen H $490,000 Homwland Tiitle & Escrow Ltd
Hughes David R $569,900 Eastern Shore Title Company
Corliss Michael $655,000 --
Barba Ellen R -- --
Barba Ellen R -- --
Barba Phillip M $759,000 --
Kennedy William E $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowman Stephen H $392,000
Previous Owner Hughes David R $455,920
Previous Owner Corliss Michael $368,441
Previous Owner Barba Ellen R $100,000
Previous Owner Barba Phillip M $607,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2020 03/16/20 Sold $490,000 -1.0% $260 / Sq Ft
02/10/2020 02/10/20 For Sale $495,000 -13.1% $262 / Sq Ft
10/24/2016 10/24/16 Sold $569,900 -3.4% $296 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $589,900 -- $306 / 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 $4,547 $550,133 $0 $0
2023 $4,284 $526,067 $0 $0
2022 $3,952 $502,000 $315,000 $187,000
2021 $7,650 $502,000 $315,000 $187,000
2020 $3,729 $502,000 $315,000 $187,000
2019 $4,165 $560,700 $350,000 $210,700
2018 $3,992 $560,700 $350,000 $210,700
2017 $3,720 $560,700 $0 $0
2016 $3,627 $564,400 $0 $0
2015 $3,409 $564,400 $0 $0
2014 $3,409 $564,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA137358

Bright MLS

APN: 05-194873