NOT LISTED FOR SALE

21560 Spinnaker Way Tilghman, MD 21671

Estimated Value: $371,000 - $453,000

5 Beds
4.5 Baths
3,555 Sq Ft
$116/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $1,740,000 $489 Per Sq Ft

Current estimated payment $2,562/month

Highlights

  • Water Views
  • Home fronts navigable water
  • Horses Allowed On Property
  • Boat Dock
  • Access to Tidal Water
  • Eat-In Gourmet Kitchen

About This Home

As of January 2021

2 parcels: 21470 (lot 4) & 21560 (lot 3) Spinnaker Way for a total of 24 acres are located in Tilghman, MD. These gorgeous properties are situated in a very private area of the Tilghman on Chesapeake community, but still have use of the incredible amenities. The entrance is captivating as one drives down the country lane and through the marsh grasses before arriving at the beautiful home built in 2010. The park-like setting offers complete privacy and beautiful views of Harris Creek and beyond. Adjacent is the 4 acre waterfront lot which is perced for a 5 BR home Combining the two properties would be ideal for the family compound. The southern style existing 5 BR home has an open floor plan with light filled rooms and a wonderful mix of window and door styles. Beautiful details are found throughout including the exquisite Finnish Tulikivi soapstone fireplace, the cooks kitchen and well thought-out pantry, and front & back mahogany porches. A first floor master bedroom suite allows for one floor living but guests/family can stay comfortably upstairs in the 2 bedrooms plus the private guest suite over the garage. A convenient office (could also be a 5th bedroom) and full bath can be easily shut off with it's french doors so working from home is a dream. Other amenities include a 2 car garage, outdoor shower, balcony off the guest suite, complete irrigation system, surround sound, whole house sprinkler, ADT alarm system, whole house generator, and whole house water purifying system, just to name a few. The Tilghman on Chesapeake Marina and Yacht Club boasts a wonderful clubhouse, large outdoor pool, and deep water dock slips making this a yachtsman's paradise. However there is an existing pier on Lot 4 and another can be built on Lot 3 as well (these are 2 of only 4 lots in TOC allowing them). Please note too the low taxes reflect the agricultural tax benefit. Tilghman Island is just 12 miles from the popular town of St. Michaels and 22 miles from Easton. It is within 2 hours of Washington DC and Baltimore, 2.5 hrs from Philadelphia, and 3.5 from NY. This area is an absolute treasure and offers the ultimate getaway to those looking for accessibility yet an escape to great sailing, cruising, fishing, and a peaceful retreat. Please contact the listing agent for further details.

Last Agent to Sell the Property

Laura Carney

(410) 310-3307 lcarney@ttrsir.com TTR Sotheby's International Realty License #596166 Listed on: 11/23/2020

TTR Sotheby's International Realty

Last Buyer's Agent

Connie Loveland

(410) 829-0188 cloveland@bensonandmangold.com Benson & Mangold, LLC License #527868

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,497

Year Built

  • Built in 2010

Lot Details

  • 24 Acre Lot
  • Home fronts navigable water
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Premium Lot
  • Sprinkler System
  • Lot 3 (Tax ID 05-195705) :adjacent 4 acre parcel approved for 5BR and also a pier. Can be purchased with Lot 4 for $1,890,000
  • Property is in excellent condition
  • Property is zoned 110R

HOA Fees

  • $166 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 3,555 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Stove
  • Free Standing Fireplace
  • Fireplace With Glass Doors
  • Double Pane Windows
  • Window Treatments
  • Palladian Windows
  • Window Screens
  • French Doors
  • Six Panel Doors
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Den
  • Utility Room
  • Water Views
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Self-Cleaning Double Oven
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

  • Home Security System
  • Fire Sprinkler System

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Powered Boats Permitted
  • Balcony
  • Screened Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Water Treatment System
  • Well
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Property is near a park
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 05-195705 (LOT 3) AND 05-195667 (LOT 4)

Community Details

Overview

  • Association fees include pool(s), recreation facility, reserve funds, pier/dock maintenance
  • Tilghman On Chesapeake Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,497

Year Built

Built in 2010

Lot Details

0

HOA Fees

$166 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2010
  • Automatically Close On Close Date: No
  • Remarks Public: 2 parcels: 21470 (lot 4) & 21560 (lot 3) Spinnaker Way for a total of 24 acres are located in Tilghman, MD. These gorgeous properties are situated in a very private area of the Tilghman on Chesapeake community, but still have use of the incredible amenities. The entrance is captivating as one drives down the country lane and through the marsh grasses before arriving at the beautiful home built in 2010. The park-like setting offers complete privacy and beautiful views of Harris Creek and beyond. Adjacent is the 4 acre waterfront lot which is perced for a 5 BR home Combining the two properties would be ideal for the family compound. The southern style existing 5 BR home has an open floor plan with light filled rooms and a wonderful mix of window and door styles. Beautiful details are found throughout including the exquisite Finnish Tulikivi soapstone fireplace, the cooks kitchen and well thought-out pantry, and front & back mahogany porches. A first floor master bedroom suite allows for one floor living but guests/family can stay comfortably upstairs in the 2 bedrooms plus the private guest suite over the garage. A convenient office (could also be a 5th bedroom) and full bath can be easily shut off with it's french doors so working from home is a dream. Other amenities include a 2 car garage, outdoor shower, balcony off the guest suite, complete irrigation system, surround sound, whole house sprinkler, ADT alarm system, whole house generator, and whole house water purifying system, just to name a few. The Tilghman on Chesapeake Marina and Yacht Club boasts a wonderful clubhouse, large outdoor pool, and deep water dock slips making this a yachtsman's paradise. However there is an existing pier on Lot 4 and another can be built on Lot 3 as well (these are 2 of only 4 lots in TOC allowing them). Please note too the low taxes reflect the agricultural tax benefit. Tilghman Island is just 12 miles from the popular town of St. Michaels and 22 miles from Easton. It is within 2 hours of Washington DC and Baltimore, 2.5 hrs from Philadelphia, and 3.5 from NY. This area is an absolute treasure and offers the ultimate getaway to those looking for accessibility yet an escape to great sailing, cruising, fishing, and a peaceful retreat. Please contact the listing agent for further details.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven - Double, Oven - Self Cleaning, Oven - Wall, Range Hood, Refrigerator, Washer, Extra Refrigerator/Freezer, Dryer - Electric, Built-In Range
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Additional Stairway, Attic, Breakfast Area, Built-Ins, Butlers Pantry, Carpet, Cedar Closet(s), Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Skylight(s), Soaking Tub, Sprinkler System, Stall Shower, Tub Shower, Walk-In Closet(s), Upgraded Countertops, Water Treat System, Window Treatments, Wood Floors, Stove - Wood
  • Window Features: Double Pane, Palladian, Screens, Skylights
  • Fireplace Features: Free Standing, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Six Panel
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Foyer, Bedroom 1, Laundry, Office, Utility Room, Bathroom 1, Bathroom 2, Bathroom 3, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 3555
  • Living Area Sq Ft: 3555
  • Price Per Sq Ft: 531.65
  • Above Grade Finished Sq Ft: 3555
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21470

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Lawn Sprinkler, Outside Shower
  • Roof: Composite
  • View: Water
  • Water Access Features: Canoe/Kayak, Boat - Powered, Private Access
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Crushed Stone
  • Garage Features: Garage - Front Entry, Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric, Propane - Leased, Wood
  • Heating Type: Heat Pump(s), Forced Air, Wood Burn Stove, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Sprinkler System - Indoor, Security System
  • Sewer/Septic System: On Site Septic
  • Water Source: Well
  • Internet Services: DSL

Condo/Co-op/Association

  • HOA Fees: 1990.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Club House, Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Pool(s), Recreation Facility, Reserve Funds, Pier/Dock Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: Yes

Schools

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

Lot Info

  • Horses: Yes
  • Additional Parcels: Yes
  • Additional Parcels Description: Lot 3 (Tax ID 05-195705) :adjacent 4 acre parcel approved for 5BR and also a pier. Can be purchased with Lot 4 for $1,890,000
  • Improvement Assessed Value: 1034600.00
  • Land Assessed Value: 236700.00
  • Lot Features: Backs - Parkland, Landscaping, Premium, Private
  • Lot Size Acres: 24.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1045440.00
  • Outdoor Living Structures: Porch(es), Screened, Balcony
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: 110R
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Multi Family

  • Mean Low Water Feet: 3

Tax Info

  • Assessor Parcel Number: 5302401
  • Tax Annual Amount: 9497.00
  • Assessor Parcel Number: 05-195705 (LOT 3) AND 05-195667 (LOT 4)
  • Tax Year: 2021
  • Close Date: 01/29/2021

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Jan 29, 2021
Sold by
Teesdale Walter M and Teesdale Amy E
Bought by
Miller Mark J and Miller Tracey L
Seller's Agent
Laura Carney
TTR Sotheby's International Realty
Buyer's Agent
Connie Loveland
Benson & Mangold, LLC
List Price
$1,890,000
Sold Price
$1,740,000
Premium/Discount to List
-$150,000
-7.94%
Current Estimated Value
$412,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,328,000
Avg. Annual Appreciation
-26.56%
Original Mortgage
$1,392,000
Outstanding Balance
$1,247,194
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$833,194

Purchase Details

Listed on
Sep 9, 2019
Closed on
Oct 25, 2019
Sold by
Avalonl Limited Partnership
Bought by
Teesdale Walter M and Teesdale Amy E
Seller's Agent
Nick Luciani
Alex Cooper Auctioneers, Inc.
Buyer's Agent
Nick Luciani
Alex Cooper Auctioneers, Inc.
List Price
$65,000
Sold Price
$157,500
Premium/Discount to List
$92,500
142.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
553.21%
Source: Public Records

Range of Values:

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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
Miller Mark J $1,740,000 Venture Title Company Llc
Teesdale Walter M $220,500 Venture Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Mark J $1,392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $1,740,000 -7.9% $489 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $1,890,000 +1100.0% $532 / Sq Ft
10/21/2019 10/21/19 Sold $157,500 +142.3% --
09/27/2019 09/27/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $65,000 -- --
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
2025 $2,641 $324,200 $324,200 $0
2024 $2,641 $295,033 $0 $0
2023 $2,274 $265,867 $0 $0
2022 $1,863 $236,700 $236,700 $0
2021 $1,803 $236,700 $236,700 $0
2020 $1,758 $236,700 $236,700 $0
2019 $3,771 $507,700 $507,700 $0
2018 $3,615 $507,700 $507,700 $0
2017 $4,055 $507,700 $0 $0
2016 $3,954 $615,200 $0 $0
2015 $3,596 $615,200 $0 $0
2014 $3,596 $615,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA139904

Bright MLS

APN: 05-195705