NOT LISTED FOR SALE

21576 Spinnaker Way Tilghman, MD 21671

Estimated Value: $358,000 - $635,905

3.17 Acres
$159,086 Price per Acre
138,085 Sq Ft Lot

Last Sold August 17, 2023

Last sale price $429,000

Est. 18% increase in value since last sale

Current estimated payment $3,078/month

358 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Fishing Allowed
  • 3.17 Acre Lot
  • Private Dock Site
  • Bay View
  • 3-minute walk to Sinclair Avenue Waterfront park

About This Lot

As of August 2023

(Video link of property is available upon request.) -- BUILD YOUR DREAM HOME ON THIS STUNNING WATERFRONT PARCEL!! This 3.1684 acre lot on Harris Creek is absolutely stunning. It's at the end of a private white gravel road that leads to only three residences - and one of them is yours.

THIS LOT is in the community called Tilghman on Chesapeake, meaning you will enjoy the benefits of its marina, club house and gorgeous swimming pool!

The lot is more than 70@ cleared, PLUS... a wetlands delineation is complete, and so is a feasibility study. CONCLUSION: You have approximately 32,000 square feet of area to build a dream house between the setback lines.

Buyers will need a septic and a well, but...a representative from Talbot County says the county is working on getting public sewer hook-ups on Spinnaker Way.

Last Agent to Sell the Property

Angela Simonelli

Compass License #5004882 Listed on: 07/18/2022

Compass

Last Buyer's Agent

Roo Wood

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,554

Lot Details

  • 3.17 Acre Lot
  • 300 Feet of Waterfront
  • Home fronts navigable water
  • Cleared Lot
  • Partially Wooded Lot

HOA Fees

  • $95 Monthly HOA Fees

Property Views

  • Bay
  • River
  • Panoramic
  • Scenic Vista
  • Woods
  • Creek or Stream

Utilities

  • Well
  • Perc Approved Septic

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 2105195624

Community Details

Overview

  • Tocca HOA

Recreation

  • Fishing Allowed
  • Canoe or Kayak Water Access
  • River Nearby
  • Rip-Rap
  • Private Dock Site
  • Stream or River on Lot
  • Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$2,554

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 3.61
  • Street Number Modifier: 21576

Exterior Features

  • Construction Completed: No
  • View: Bay, Creek/Stream, Panoramic, River, Scenic Vista, Trees/Woods, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed
  • Water Access: Yes
  • Water Body Name: Harris Creek
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 300

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Perc Approved Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 1135.00
  • HOA Fee Frequency: Annually
  • HOA Name: TOCCA
  • HOA: Yes

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Features: Rip-Rapped, Trees/Wooded, Partly Wooded, Cleared
  • Lot Size Acres: 3.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 138085.20
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2554.00
  • Assessor Parcel Number: 2105195624
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 08/17/2023

Multi Family

  • Waterfront Features: Rip-Rap, Private Dock Site

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Aug 14, 2023
Sold by
Cook Peter A and Cook Megan Francis
Bought by
Backman John M and Speakes-Backman Kelly J
Seller's Agent
Angela Simonelli
Compass
Buyer's Agent
Roo Wood
Long & Foster Real Estate, Inc.
List Price
$499,000
Sold Price
$429,000
Premium/Discount to List
-$70,000
-14.03%
Views
121
Current Estimated Value
$504,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,302
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
Oct 21, 2019
Sold by
Avalon Limited Partnership
Bought by
Cook Peter A and Cook Megan Francis
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
Backman John M $429,000 Eastern Shore Title
Cook Peter A $157,500 New World Title Company Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $429,000 -14.0% --
07/18/2022 07/18/22 For Sale $499,000 -- --
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 $2,880 $321,700 $321,700 $0
2024 $2,880 $321,700 $321,700 $0
2023 $2,728 $321,700 $321,700 $0
2022 $2,532 $321,700 $321,700 $0
2021 $3,404 $446,700 $446,700 $0
2020 $3,318 $446,700 $446,700 $0
2019 $3,472 $467,400 $467,400 $0
2018 $3,328 $467,400 $467,400 $0
2017 $3,740 $467,400 $0 $0
2016 $3,646 $567,400 $0 $0
2015 $3,285 $567,400 $0 $0
2014 $3,285 $567,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA2003600

Bright MLS

APN: 05-195624