NOT LISTED FOR SALE

402 Spinnaker Ln Saint Michaels, MD 21663

Estimated Value: $642,000 - $876,000

4 Beds
2.5 Baths
2,022 Sq Ft
$359/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $499,000 $247 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,581/month

31 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • 1 Car Direct Access Garage
  • Gourmet Kitchen
  • Colonial Architecture
  • 4-minute walk to Hollis Park

About This Home

As of December 2021

Exciting opportunity to own a new home just at the edge of St. Michaels Historic District. Construction has started, move in expected by December. Attractive 2 story home with one car integrated garage. Modern open floor plan. Kitchen features granite countertops, stainless steel appliances and island with breakfast bar. Primary bedroom has large walk in closet and custom glass walk in shower. Within a few blocks from stores and restaurants on Talbot Street and the harbor.

Last Agent to Sell the Property

Carolina Barksdale

Benson & Mangold, LLC License #575707 Listed on: 08/06/2021

Benson & Mangold, LLC

Last Buyer's Agent

Dawn Lednum

Chesapeake Bay Real Estate Plus, LLC License #78241

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $873

Lot Details

  • 2,598 Sq Ft Lot
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Driveway Space
  • Garage Door Opener

Home Design

  • New Construction
  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2,022 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Gourmet Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash

Community Details

  • St. Michaels Pointe Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 2102198751

Home Details

Home Type

Single Family

Est. Annual Taxes

$873

Lot Details

0

HOA Fees

$102 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Exciting opportunity to own a new home just at the edge of St. Michaels Historic District. Construction has started, move in expected by December. Attractive 2 story home with one car integrated garage. Modern open floor plan. Kitchen features granite countertops, stainless steel appliances and island with breakfast bar. Primary bedroom has large walk in closet and custom glass walk in shower. Within a few blocks from stores and restaurants on Talbot Street and the harbor.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Refrigerator, Stove, Water Heater
  • Interior Amenities: Carpet, Combination Dining/Living, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Kitchen - Gourmet, Recessed Lighting, Sprinkler System, Walk-In Closet(s)
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2022
  • Living Area Sq Ft: 2022
  • Price Per Sq Ft: 246.79
  • Above Grade Finished Sq Ft: 2022
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Beds/Baths

  • Bedrooms: 4
  • 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, Below Grade
  • Construction Materials: Frame
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 305.31
  • HOA Fee Frequency: Quarterly
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 88500.00
  • Land Use Code: 110
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2598.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 9526222
  • Tax Annual Amount: 873.00
  • Assessor Parcel Number: 2102198751
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 12/17/2021

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Dec 17, 2021
Sold by
Stm Devleopment Llc
Bought by
Rudder Nicole D
Seller's Agent
Carolina Barksdale
Benson & Mangold, LLC
Buyer's Agent
Dawn Lednum
Chesapeake Bay Real Estate Plus, LLC
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$725,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,825
Avg. Annual Appreciation
10.91%
Original Mortgage
$449,000
Outstanding Balance
$417,380
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$313,011
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
Rudder Nicole D $499,000 Venture Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rudder Nicole D $449,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $499,000 0.0% $247 / Sq Ft
08/06/2021 08/06/21 For Sale $499,000 -- $247 / 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
2025 $6,290 $560,200 $192,500 $367,700
2024 $6,290 $509,467 $0 $0
2023 $5,448 $458,733 $0 $0
2022 $4,678 $408,000 $88,500 $319,500
2021 $923 $82,333 $0 $0
2020 $873 $76,167 $0 $0
2019 $795 $70,000 $70,000 $0
2018 $709 $64,167 $0 $0
2017 $521 $58,333 $0 $0
2016 -- $52,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carolina Barksdale

    Seller's Agent in 2021

    Carolina Barksdale

    Benson & Mangold, LLC

    (443) 786-0348

    53 Total Sales

    Section Image
  • Dawn Lednum

    Buyer's Agent in 2021

    Dawn Lednum

    Chesapeake Bay Real Estate Plus, LLC

    (410) 829-3603

    116 Total Sales

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Map

Source: Bright MLS

MLS Number: MDTA2000502

Bright MLS

APN: 02-198751

Maryland Talbot County Saint Michaels 21663

402 Spinnaker Ln, Saint Michaels, MD

This home is located at 402 Spinnaker Ln, Saint Michaels, MD 21663 since 06 August 2021 and is currently estimated at $725,825, approximately $358 per square foot. 402 Spinnaker Ln is a home located in Talbot County with nearby schools including St. Michaels Elementary School, St. Michaels Middle/High School, and Easton High School.

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