NOT LISTED FOR SALE

21602 Spinnaker Way Tilghman, MD 21671

Estimated Value: $436,583 - $536,000

2.16 Acres
$231,417 Price per Acre
94,090 Sq Ft Lot

Last Sold October 09, 2020

Last sale price $340,000

Est. 47% increase in value since last sale

Current estimated payment $3,020/month

Highlights

  • 500 Feet of Waterfront
  • 2.16 Acre Lot
  • Partially Wooded Lot
  • Bay View
  • Private Lot
  • Creek or Stream

About This Lot

As of October 2020

Ready to build your dream home? This 2.16 Acre Waterfront lot is perfect. The mature trees add just the right amount of tranquility. Private road leads to absolutely beautiful site, with panoramic views of Harris Creek and the Choptank River. Approximately 500' of Rip rapped shoreline (Value $100,000+/-). Survey, topography, SDA stakeout done in 2018. Building site can accommodate a 4000 sq ft dwelling. Located in Tilghman-on-Chesapeake Community, offering clubhouse, pool, and marina.

Last Agent to Sell the Property

Melissa Tippett

(410) 241-7409 mtippett@ttrsir.com TTR Sotheby's International Realty License #586717 Listed on: 02/06/2020

TTR Sotheby's International Realty

Last Buyer's Agent

Kim Simpson

(302) 690-0245 kim@kimsimpsonrealtygroup.com Thyme Real Estate Co LLC License #RB-0020537

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,639

Lot Details

  • 2.16 Acre Lot
  • 500 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Private Lot
  • Partially Wooded Lot

HOA Fees

  • $126 Monthly HOA Fees

Property Views

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

Utilities

  • Well Required
  • Perc Approved Septic

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 2105195586

Community Details

Overview

  • Tilghman On Chesapeake Community Association
  • Tilghman On Chesapeake Subdivision

Recreation

  • Water Access
  • Rip-Rap

Property Details

Property Type

Land

Est. Annual Taxes

$3,639

Lot Details

0

HOA Fees

$126 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: Ready to build your dream home? This 2.16 Acre Waterfront lot is perfect. The mature trees add just the right amount of tranquility. Private road leads to absolutely beautiful site, with panoramic views of Harris Creek and the Choptank River. Approximately 500' of Rip rapped shoreline (Value $100,000+/-). Survey, topography, SDA stakeout done in 2018. Building site can accommodate a 4000 sq ft dwelling. Located in Tilghman-on-Chesapeake Community, offering clubhouse, pool, and marina.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 3.93
  • Street Number Modifier: 21602

Exterior Features

  • Construction Completed: No
  • View: Creek/Stream, Bay, Panoramic, River, Scenic Vista, Trees/Woods, Water
  • Water Access: Yes
  • Water Body Name: Harris Creek/Choptank River
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 500

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 126.00
  • HOA Fee Frequency: Monthly
  • HOA Name: TILGHMAN-ON-CHESAPEAKE COMMUNITY ASSOCIATION
  • 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: 110
  • Lot Features: Rip-Rapped, Private, Partly Wooded
  • Lot Size Acres: 2.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 94090.00
  • Perc Sites: 1
  • Perc Type: Approved
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5302393
  • Tax Annual Amount: 3639.00
  • Assessor Parcel Number: 2105195586
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/09/2020

Multi Family

  • Mean Low Water Feet: 3
  • Waterfront Features: Rip-Rap

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Oct 9, 2020
Sold by
Baca Robert D and Comstock Kimberly
Bought by
Warfel Michael Abel and Warfel Denise Monper
Seller's Agent
Melissa Tippett
TTR Sotheby's International Realty
Buyer's Agent
Kim Simpson
Thyme Real Estate Co LLC
List Price
$385,000
Sold Price
$340,000
Premium/Discount to List
-$45,000
-11.69%
Current Estimated Value
$499,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,861
Avg. Annual Appreciation
8.10%

Purchase Details

Listed on
Apr 21, 2015
Closed on
Jul 27, 2016
Sold by
Avalon Limited Partnership
Bought by
Baca Robert D and Baca Kimberly D
Seller's Agent
William Davis
Benson & Mangold, LLC
Buyer's Agent
Dick Barker
Coldwell Banker Chesapeake Real Estate Company
List Price
$395,000
Sold Price
$370,000
Premium/Discount to List
-$25,000
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.99%
Original Mortgage
$277,500
Interest Rate
3.48%
Mortgage Type
Commercial
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
Warfel Michael Abel $340,000 Eastern Shore Title Co
Baca Robert D $370,000 Eastern Shore Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baca Robert D $277,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $340,000 -8.1% --
08/17/2020 08/17/20 Pending -- -- --
08/03/2020 08/03/20 Price Changed $370,000 -3.9% --
02/06/2020 02/06/20 For Sale $385,000 +1825.0% --
12/02/2019 12/02/19 Sold $20,000 -33.3% --
09/27/2019 09/27/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $30,000 -91.9% --
07/27/2016 07/27/16 Sold $370,000 -6.3% --
05/17/2016 05/17/16 Pending -- -- --
04/21/2015 04/21/15 For Sale $395,000 -- --
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 $3,050 $340,700 $340,700 $0
2024 $3,050 $340,700 $340,700 $0
2023 $2,889 $340,700 $340,700 $0
2022 $3,666 $465,700 $465,700 $0
2021 $3,548 $465,700 $465,700 $0
2020 $3,489 $465,700 $465,700 $0
2019 $3,609 $485,800 $485,800 $0
2018 $3,459 $485,800 $485,800 $0
2017 $3,894 $485,800 $0 $0
2016 $3,668 $590,800 $0 $0
2015 $2,949 $570,833 $0 $0
2014 $2,949 $550,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Tippett

    Seller's Agent in 2020

    Melissa Tippett

    TTR Sotheby's International Realty

    (410) 241-7409

    5 in this area

    91 Total Sales

    Melissa Tippett
    Section Image
  • Kim Simpson

    Buyer's Agent in 2020

    Kim Simpson

    Thyme Real Estate Co LLC

    (302) 690-0245

    5 in this area

    181 Total Sales

    Kim Simpson
    Section Image
  • Nick Luciani

    Seller's Agent in 2019

    Nick Luciani

    Alex Cooper Auctioneers, Inc.

    (443) 841-2221

    21 Total Sales

    Nick Luciani
    Section Image

  • W

    Seller's Agent in 2016

    William Davis

    Benson & Mangold, LLC

    Section Image

  • D

    Buyer's Agent in 2016

    Dick Barker

    Coldwell Banker Chesapeake Real Estate Company

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDTA137016

Bright MLS

APN: 05-195586

Maryland Talbot County Tilghman 21671

21602 Spinnaker Way, Tilghman, MD

This home is located at 21602 Spinnaker Way, Tilghman, MD 21671 since 06 February 2020 and is currently estimated at $499,861. 21602 Spinnaker Way is a home located in Talbot County with nearby schools including Tilghman Elementary School, St. Michaels Middle/High School, and Easton High School.

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