NOT LISTED FOR SALE

406 Spinnaker Ln Saint Michaels, MD 21663

Estimated Value: $704,037 - $878,000

4 Beds
2.5 Baths
-- Sq Ft
2,516 Sq Ft Lot

Last Sold October 13, 2022

Last sale price $549,990

Est. 39% increase in value since last sale

Current estimated payment $4,849/month

191 Days on Market

Highlights

  • New Construction
  • Gourmet Kitchen
  • 1 Fireplace
  • Water Oriented
  • Open Floorplan
  • 4-minute walk to Hollis Park

About This Home

As of October 2022

New construction in St. Michaels, just outside of the Historic District, in a small new community. Drywall is up, move in ready within 90 days.
Attractive 2 story home with one car garage. Modern open floor plan. Kitchen features granite countertops, stainless steel appliances and island with breakfast bar. Gas fireplace and and sliding glass doors to the fully fenced rear yard. 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. Only one additional home like this will be available in the community. Come and visit this great community now and buy before it is sold out.

Last Agent to Sell the Property

Carolina Barksdale

Benson & Mangold, LLC License #575707 Listed on: 01/27/2022

Benson & Mangold, LLC

Last Buyer's Agent

Larry Brennan

TTR Sotheby's International Realty

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $932

Lot Details

  • 2,516 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
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Recessed Lighting
  • 1 Fireplace

Kitchen

  • Gourmet Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Outdoor Features

  • Water Oriented
  • River Nearby
  • Exterior Lighting

Utilities

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

Community Details

  • St. Michaels Pointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2102198749

Home Details

Home Type

Single Family

Est. Annual Taxes

$932

Lot Details

0

HOA Fees

$102 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: New construction in St. Michaels, just outside of the Historic District, in a small new community. Drywall is up, move in ready within 90 days. Attractive 2 story home with one car garage. Modern open floor plan. Kitchen features granite countertops, stainless steel appliances and island with breakfast bar. Gas fireplace and and sliding glass doors to the fully fenced rear yard. 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. Only one additional home like this will be available in the community. Come and visit this great community now and buy before it is sold out.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Refrigerator, Stove, Stainless Steel Appliances, Water Heater
  • Interior Amenities: Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Sprinkler System, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 406

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
  • Exterior Features: Exterior Lighting
  • Water Access: No
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • 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 - Electric Backup
  • 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
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Assessed Value: 88500.00
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2516.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 9526220
  • Tax Annual Amount: 932.00
  • Assessor Parcel Number: 2102198749
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 10/13/2022

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Oct 13, 2022
Sold by
Stm Developmnet Llc
Bought by
Bernstein Joshua Ian and Prasad Ritu
Seller's Agent
Carolina Barksdale
Benson & Mangold, LLC
Buyer's Agent
Larry Brennan
TTR Sotheby's International Realty
List Price
$549,990
Sold Price
$549,990
Views
25
Current Estimated Value
$763,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,769
Avg. Annual Appreciation
11.98%
Original Mortgage
$384,993
Outstanding Balance
$372,665
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$384,987
Source: Public Records

Range of Values:

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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
Bernstein Joshua Ian $549,990 Venture Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernstein Joshua Ian $384,993
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $549,990 0.0% --
01/27/2022 01/27/22 For Sale $549,990 -- --
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 $7,030 $569,400 $192,500 $376,900
2024 $7,030 $569,400 $192,500 $376,900
2023 $6,762 $569,400 $192,500 $376,900
2022 $1,015 $88,500 $88,500 $0
2021 $923 $82,333 $0 $0
2020 $865 $76,167 $0 $0
2019 $795 $70,000 $70,000 $0
2018 $716 $64,167 $0 $0
2017 $630 $58,333 $0 $0
2016 -- $52,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carolina Barksdale

    Seller's Agent in 2022

    Carolina Barksdale

    Benson & Mangold, LLC

    (443) 786-0348

    53 Total Sales

    Section Image
  • Larry Brennan

    Buyer's Agent in 2022

    Larry Brennan

    TTR Sotheby's International Realty

    (410) 443-3659

    32 Total Sales

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Map

Source: Bright MLS

MLS Number: MDTA2001954

Bright MLS

APN: 02-198749

Maryland Talbot County Saint Michaels 21663

406 Spinnaker Ln, Saint Michaels, MD

This home is located at 406 Spinnaker Ln, Saint Michaels, MD 21663 since 27 January 2022 and is currently estimated at $763,759. 406 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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