NOT LISTED FOR SALE

5032 Black Walnut Point Rd Tilghman, MD 21671

Tilghman Island Neighborhood

Estimated Value: $1,765,000 - $1,824,296

3 Beds
2 Baths
3,832 Sq Ft
$470/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $1,750,000 $457 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,807/month

2 Days on Market

Highlights

  • 800 Feet of Waterfront
  • Pier
  • Bay View
  • 2 Dock Slips
  • In Ground Pool
  • Gourmet Kitchen

About This Home

As of November 2023

Welcome to 'Black Walnut Farm'! An exceptional 8+ acre property with complete privacy, breathtaking Chesapeake Bay views and sunsets, and abundant wildlife! The shoreline is extensive (rip-rapped and bulkheaded), and includes a protected pier with lift and 3'MLW. Adjacent to the 3BR/2 BA house is a beautiful pond with dock and a waterside gunite pool with lush landscaping. The interior offers stunning bay views from every room and has a large, open floor plan. Floor to ceiling windows, vaulted ceilings, 2 fireplaces, beautiful wood floors, and a waterside screened porch are just a few of the many features. Multiple decks on both levels, a 2 car garage, and additional sheds complete this offering.
NOTE: the current owner has obtained county approval to expand the septic to 5 Bedrooms.

Last Listed By

Laura Carney

TTR Sotheby's International Realty License #596166 Listed on: 10/13/2023

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,924

Year Built

  • Built in 1990

Lot Details

  • 8.18 Acre Lot
  • 800 Feet of Waterfront
  • Home fronts navigable water
  • West Facing Home
  • Partially Fenced Property
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Open Lot
  • Partially Wooded Lot
  • Property is in very good condition

Parking

  • 2 Car Direct Access Garage
  • Side Facing Garage
  • Stone Driveway

Property Views

  • Bay
  • Garden

Home Design

  • Coastal Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,832 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Fireplace Mantel
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Mud Room
  • Entrance Foyer
  • Family Room Overlook on Second Floor
  • Living Room
  • Dining Room
  • Loft
  • Wood Flooring
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Built-In Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Motion Detectors
  • Flood Lights

Outdoor Features

  • In Ground Pool
  • Pier
  • Access to Tidal Water
  • Water Access
  • Property near a bay
  • Bulkhead
  • Rip-Rap
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Pond
  • Powered Boats Permitted
  • Multiple Balconies
  • Deck
  • Screened Patio
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Propane
  • Well
  • Oil Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Tilghman Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2105175607

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,924

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-10-13
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Central Vacuum, Cooktop, Dishwasher, Dryer, Exhaust Fan, Oven - Wall, Oven - Double, Refrigerator, Washer, Water Heater
  • Interior Amenities: Kitchen - Gourmet, Dining Area, Kitchen - Island, Primary Bath(s), Entry Level Bedroom, Built-Ins, Window Treatments, Wood Floors, Floor Plan - Open
  • Window Features: Screens
  • Fireplace Features: Equipment, Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: 2 Story Ceilings, Beamed Ceilings, Cathedral Ceilings, Masonry, Vaulted Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Bedroom 1, 2nd Stry Fam Ovrlk, Laundry, Loft, Mud Room
  • Basement: No
  • Total Sq Ft: 3832
  • Living Area Sq Ft: 3832
  • Price Per Sq Ft: 430.58
  • Above Grade Finished Sq Ft: 3832
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5032

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • 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, Storage Barn/Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Flood Lights
  • Pool Features: In Ground
  • Roof: Shingle
  • View: Water, Bay, Garden/Lawn
  • Water Access Features: Boat - Powered
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 800

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Stone Driveway, Private
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Security: Security System, Monitored, Motion Detectors
  • Sewer/Septic System: Septic Exists
  • Utilities: Propane
  • Water Source: Well
  • Internet Services: Broadband

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Fencing: Partially
  • Land Use Code: R
  • Lot Features: Bulkheaded, Landscaping, Partly Wooded, Pond, Rip-Rapped, Trees/Wooded, Open, Secluded, Private
  • Lot Size Acres: 8.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 356321.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s), Screened
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7924.00
  • Assessor Parcel Number: 2105175607
  • Tax Total Finished Sq Ft: 3832
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/30/2023

Multi Family

  • Mean Low Water Feet: 3
  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Nov 30, 2023
Sold by
Langone Jason M and Langone Whitney A
Bought by
Harlan Jeffery and Mozingo Suzanne
Seller's Agent
Laura Carney
TTR Sotheby's International Realty
Buyer's Agent
John McGlannan
Meredith Fine Properties
List Price
$1,650,000
Sold Price
$1,750,000
Premium/Discount to List
$100,000
6.06%
Total Days on Market
2
Views
63
Current Estimated Value
$1,801,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,074
Avg. Annual Appreciation
2.03%
Original Mortgage
$1,400,000
Outstanding Balance
$1,383,008
Interest Rate
7.63%
Mortgage Type
Construction
Estimated Equity
$418,066

Purchase Details

Listed on
Jun 9, 2017
Closed on
Dec 29, 2017
Sold by
Scott Joy L
Bought by
Langone Jason M and Langone Whitney A
Seller's Agent
Dawn Lednum
Chesapeake Bay Real Estate Plus, LLC
Buyer's Agent
Dawn Lednum
Chesapeake Bay Real Estate Plus, LLC
List Price
$1,295,000
Sold Price
$1,050,000
Premium/Discount to List
-$245,000
-18.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$453,100
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2015
Sold by
Scott Joy L
Bought by
Scott Joy E

Purchase Details

Closed on
Sep 15, 2008
Sold by
Scott Stephen E
Bought by
Scott Stephen E and Scott Joy L

Purchase Details

Closed on
Aug 21, 2008
Sold by
Scott Stephen E
Bought by
Scott Stephen E and Scott Joy L

Purchase Details

Closed on
Jun 13, 2006
Sold by
Morgan Frank A and Morgan Ilene L
Bought by
Scott Stephen E and Scott Joy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2006
Sold by
Morgan Frank A and Morgan Ilene L
Bought by
Scott Stephen E and Scott Joy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

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
Harlan Jeffery $1,750,000 Venture Title
Langone Jason M $1,050,000 Eastern Shore Title Co
Scott Joy E -- None Available
Scott Stephen E -- --
Scott Stephen E -- --
Scott Stephen E $1,700,000 --
Scott Stephen E $1,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harlan Jeffery $1,400,000
Previous Owner Langone Jason M $453,100
Previous Owner Scott Stephen E $387,500
Previous Owner Scott Stephen E $417,000
Previous Owner Scott Stephen E $1,000,000
Previous Owner Scott Stephen E $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $1,750,000 +6.1% $457 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $1,650,000 +57.1% $431 / Sq Ft
12/29/2017 12/29/17 Sold $1,050,000 -18.9% $270 / Sq Ft
12/03/2017 12/03/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $1,295,000 -- $332 / 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 $9,859 $1,094,733 $0 $0
2023 $8,939 $1,047,067 $0 $0
2022 $7,916 $998,000 $523,300 $474,700
2021 $7,618 $991,900 $0 $0
2020 $7,383 $985,800 $0 $0
2019 $7,337 $979,700 $525,900 $453,800
2018 $7,095 $979,700 $525,900 $453,800
2017 $6,749 $979,700 $0 $0
2016 $6,920 $1,067,400 $0 $0
2015 $6,623 $1,067,400 $0 $0
2014 $6,623 $1,067,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Bright MLS

APN: 05-175607