NOT LISTED FOR SALE

Estimated Value: $224,000 - $328,000

2 Beds
1 Bath
975 Sq Ft
$269/Sq Ft Est. Value

Last Sold January 23, 2015

Last sale price $145,000 $149 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,573/month

155 Days on Market

Highlights

  • 2 Dock Slips
  • Water Access
  • Galley Kitchen
  • Home fronts navigable water
  • No HOA
  • Bungalow

About This Home

As of January 2015

Great lot with older home on Tilghman Island. Includes approximately 19 feet of water front on the Knapps Narrows. This older home would benefit from your renovation, already on sewer, private well. Great location for boating, kayaking and bird watching!

Last Listed By

John McGlannan

Meredith Fine Properties License #596796 Listed on: 06/02/2014

Meredith Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,114

Year Built

  • Built in 1920

Lot Details

  • 0.45 Acre Lot
  • Home fronts navigable water
  • The community has rules related to exclusive easements

Parking

  • Shared Driveway

Home Design

  • Bungalow
  • Cedar

Interior Spaces

  • Property has 1 Level
  • Basement
  • Exterior Basement Entry
  • Galley Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Property near a bay
  • 2 Dock Slips
  • Shed

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2105177952

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,114

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Galley
  • Fireplace: No
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Cedar
  • Dock Type: Multiple Slip
  • Water Access: Yes
  • Water Body Name: KNAPP NARROWS
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Shared Driveway
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 44700.00
  • Land Assessed Value: 116600.00
  • Lot Size Acres: 0.45
  • Lot Size Area: 19716
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19716.00
  • Year Assessed: 2014

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5300970
  • Tax Annual Amount: 1113.84
  • Assessor Parcel Number: 2105177952
  • Tax Total Finished Sq Ft: 975
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 01/23/2015

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 2
  • Waterfront Features: Exclusive Easement

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2014
Closed on
Jan 23, 2015
Sold by
J A & D G Investments Llc
Bought by
Schaffner Timothy L
Seller's Agent
John McGlannan
Meredith Fine Properties
Buyer's Agent
John McGlannan
Meredith Fine Properties
List Price
$215,000
Sold Price
$145,000
Premium/Discount to List
-$70,000
-32.56%
Total Days on Market
155
Current Estimated Value
$262,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,424
Avg. Annual Appreciation
5.93%
Original Mortgage
$116,000
Outstanding Balance
$90,387
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$172,037

Purchase Details

Closed on
Jun 6, 1995
Sold by
Fairbank Samuel Otto
Bought by
J A & D G Investments L L C

Purchase Details

Closed on
Oct 12, 1989
Sold by
Fairbank Samuel Otto
Bought by
Fairbank Samuel Otto

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
Schaffner Timothy L $145,000 Venture Title Company
J A & D G Investments L L C $95,000 --
Fairbank Samuel Otto $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaffner Timothy L $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2015 01/23/15 Sold $145,000 -32.6% $149 / Sq Ft
11/04/2014 11/04/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $215,000 -- $221 / 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 $1,410 $157,567 $0 $0
2023 $1,271 $149,833 $0 $0
2022 $1,119 $142,100 $78,600 $63,500
2021 $1,072 $140,733 $0 $0
2020 $1,035 $139,367 $0 $0
2019 $1,025 $138,000 $81,800 $56,200
2018 $991 $138,000 $81,800 $56,200
2017 $942 $138,000 $0 $0
2016 $1,037 $161,300 $0 $0
2015 $992 $161,300 $0 $0
2014 $992 $161,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003030966

Bright MLS

APN: 05-177952