NOT LISTED FOR SALE

4883 Black Walnut Point Rd Tilghman, MD 21671

Tilghman Island Neighborhood

Estimated Value: $553,000 - $640,000

3 Beds
2 Baths
1,056 Sq Ft
$572/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $525,000 $497 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,572/month

4 Days on Market

Highlights

  • 2 Dock Slips
  • Pier
  • Deck
  • Water Views
  • Home fronts navigable water
  • Stream or River on Lot

About This Home

As of March 2021

Enjoy glowing sun rises each morning over the deck at the water’s edge of Black Walnut Creek. This warm and meticulously cared for waterfront cottage with private dock has open floor plan, 3 full bedrooms and 2 baths. The master-BR is mail level and looks out over the creek. Other highlights include. polished hardwood floors, fireplace, deck, shed , 1500 lb lift at the dock and full size washer-dryer. Retreat to life’s simple pleasures on Tilghman Island including hot steamed crabs, fishing and boating in this peaceful location. Atlantic Broadband available.

Last Agent to Sell the Property

Joyce Wallace

Coldwell Banker Realty Listed on: 01/13/2021

Coldwell Banker Realty

Last Buyer's Agent

Scott Wallace

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,134

Year Built

  • Built in 1989

Lot Details

  • 0.29 Acre Lot
  • Home fronts navigable water
  • Creek or Stream
  • South Facing Home
  • Landscaped
  • Property is in excellent condition

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Asphalt Roof
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 1,056 Sq Ft Home
  • Property has 1.5 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Sliding Doors
  • Living Room
  • Dining Room
  • Water Views
  • Crawl Space
  • Carbon Monoxide Detectors

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Water Access
  • Personal Watercraft
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Powered Boats Permitted
  • Deck
  • Patio
  • Exterior Lighting
  • Shed

Location

  • Flood Risk
  • Property is near a creek

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tilghman Island Subdivision

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 2105184576

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,134

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Exclusions: Leased Fuel Tank
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-01-13
  • Federal Flood Zone: Yes
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Enjoy glowing sun rises each morning over the deck at the water’s edge of Black Walnut Creek. This warm and meticulously cared for waterfront cottage with private dock has open floor plan, 3 full bedrooms and 2 baths. The master-BR is mail level and looks out over the creek. Other highlights include. polished hardwood floors, fireplace, deck, shed , 1500 lb lift at the dock and full size washer-dryer. Retreat to life’s simple pleasures on Tilghman Island including hot steamed crabs, fishing and boating in this peaceful location. Atlantic Broadband available.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Built-In Microwave, Dishwasher, Refrigerator, Washer, Dryer - Electric
  • Flooring Type: Carpet, Wood
  • Interior Amenities: Ceiling Fan(s), Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Crawl Space
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1056
  • Living Area Sq Ft: 1056
  • Price Per Sq Ft: 449.81
  • Above Grade Finished Sq Ft: 1056
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4883

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding, Asphalt
  • Exterior Features: Exterior Lighting
  • Roof: Asphalt
  • Spa: No
  • View: Water
  • Water Access Features: Boat - Powered, Personal Watercraft (PWC)
  • Water Access: Yes
  • Water Body Name: Black Walnut Cove
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

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
  • Security: Carbon Monoxide Detector(s)
  • Sewer/Septic System: Septic Exists
  • Utilities: Propane, Cable Tv
  • Water Source: Well
  • Municipal Trash: No
  • Internet Services: Broadband

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 142900.00
  • Land Assessed Value: 142600.00
  • Land Use Code: 110
  • Lot Features: Landscaping, Stream/Creek
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12850.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5301519
  • Tax Annual Amount: 2134.00
  • Assessor Parcel Number: 2105184576
  • Tax Lot: 50
  • Tax Total Finished Sq Ft: 1056
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/02/2021

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Mar 1, 2021
Sold by
Woody Michael P and Woody Elizabeth K
Bought by
Gelb Brian Mark and Gelb Jacqueline Wood
Seller's Agent
Joyce Wallace
Coldwell Banker Realty
Buyer's Agent
Scott Wallace
Coldwell Banker Realty
List Price
$475,000
Sold Price
$525,000
Premium/Discount to List
$50,000
10.53%
Current Estimated Value
$604,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,106
Avg. Annual Appreciation
2.34%
Original Mortgage
$420,000
Outstanding Balance
$380,753
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$201,110

Purchase Details

Listed on
Jun 7, 2013
Closed on
Oct 31, 2013
Sold by
Little Alfred J and Little Cheryl A
Bought by
Woody Michael P and Woody Elizabeth K
Seller's Agent
Dawn Lednum
Chesapeake Bay Real Estate Plus, LLC
Buyer's Agent
Rondy Alstrom
Tilghman Island Realty Inc
List Price
$420,000
Sold Price
$375,000
Premium/Discount to List
-$45,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$292,000
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2003
Sold by
Blake Alice Ann
Bought by
Little Alfred J and Little Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
1.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 5, 1999
Sold by
Moses Geoffrey H
Bought by
Blake Alice Ann

Purchase Details

Closed on
Jun 1, 1990
Sold by
Fowler Patricia L
Bought by
Moses Geoffrey H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
10.29%
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
Gelb Brian Mark $525,000 Eastern Shore Title Co
Woody Michael P $375,000 None Available
Little Alfred J $350,000 --
Blake Alice Ann $200,000 --
Moses Geoffrey H $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gelb Brian Mark $420,000
Previous Owner Woody Michael P $292,000
Previous Owner Little Alfred J $258,375
Previous Owner Little Alfred J $262,500
Previous Owner Moses Geoffrey H $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2021 03/02/21 Sold $525,000 +10.5% $497 / Sq Ft
01/13/2021 01/13/21 For Sale $475,000 +26.7% $450 / Sq Ft
10/31/2013 10/31/13 Sold $375,000 -10.7% $355 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $420,000 -- $398 / 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
2024 $2,830 $309,433 $0 $0
2023 $2,580 $297,167 $0 $0
2022 $2,303 $284,900 $138,800 $146,100
2021 $2,231 $284,900 $138,800 $146,100
2020 $2,194 $284,900 $138,800 $146,100
2019 $2,181 $285,500 $142,600 $142,900
2018 $2,093 $285,500 $142,600 $142,900
2017 $1,995 $285,500 $0 $0
2016 $1,947 $293,600 $0 $0
2015 $1,973 $293,600 $0 $0
2014 $1,973 $293,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joyce Wallace

    Seller's Agent in 2021

    Joyce Wallace

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (410) 310-0800

    1 in this area

    13 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Scott Wallace

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (410) 991-5627

    1 in this area

    18 Total Sales

    Section Image
  • Dawn Lednum

    Seller's Agent in 2013

    Dawn Lednum

    Chesapeake Bay Real Estate Plus, LLC

    (410) 829-3603

    21 in this area

    117 Total Sales

    Section Image

  • R

    Buyer's Agent in 2013

    Rondy Alstrom

    Tilghman Island Realty Inc

    (410) 829-3972

    25 in this area

    32 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDTA140096

Bright MLS

APN: 05-184576

Maryland Talbot County Tilghman 21671 Tilghman Island

4883 Black Walnut Point Rd, Tilghman, MD

This home is located at 4883 Black Walnut Point Rd, Tilghman, MD 21671 since 13 January 2021 and is currently estimated at $604,106, approximately $572 per square foot. This property was built in 1989. 4883 Black Walnut Point Rd 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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