NOT LISTED FOR SALE

5550 Leeward Ln Tilghman, MD 21671

Estimated Value: $818,691 - $1,078,000

3 Beds
2 Baths
1,332 Sq Ft
$689/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $665,000 $499 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,332/month

Highlights

  • 1.27 Acre Lot
  • 2 Car Detached Garage
  • Heating Available
  • No HOA
  • More Than Two Accessible Exits

About This Home

As of June 2020

This home is located at 5550 Leeward Ln, Tilghman, MD 21671 since 08 May 2020 and is currently estimated at $917,673, approximately $688 per square foot. This property was built in 1987. 5550 Leeward Ln is a home located in Talbot County with nearby schools including Tilghman Elementary School, St. Michaels Middle/High School, and Easton High School.

Last Agent to Sell the Property

Dawn Lednum

Chesapeake Bay Real Estate Plus, LLC License #78241 Listed on: 05/08/2020

Last Buyer's Agent

Dawn Lednum

Chesapeake Bay Real Estate Plus, LLC License #78241 Listed on: 05/08/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,319

Year Built

  • Built in 1987

Lot Details

  • 1.27

Parking

  • 2 Car Detached Garage
  • Driveway

Interior Spaces

  • 1,332 Sq Ft Home
  • Property has 2 Levels
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • More Than Two Accessible Exits
  • 1.27 Acre Lot
  • Heating Available

Community Details

  • No Home Owners Association
  • Tilghman Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2105189918

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,319

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 1332
  • Living Area Sq Ft: 1332
  • Price Per Sq Ft: 503.00
  • Above Grade Finished Sq Ft: 1332
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5550

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating: Yes

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

  • Lot Size Acres: 1.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 55321.20
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5301946
  • Assessor Parcel Number: 2105189918
  • Tax Year: 2019
  • Close Date: 06/05/2020

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 5, 2020
Sold by
Forrest Patrick J and Berman Joanne H
Bought by
Veale Alexander J
Seller's Agent
Dawn Lednum
Chesapeake Bay Real Estate Plus, LLC
Buyer's Agent
Dawn Lednum
Chesapeake Bay Real Estate Plus, LLC
List Price
$650,000
Sold Price
$665,000
Premium/Discount to List
$15,000
2.31%
Current Estimated Value
$917,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,673
Avg. Annual Appreciation
7.79%
Original Mortgage
$510,400
Outstanding Balance
$454,260
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$533,937

Purchase Details

Listed on
Mar 27, 2013
Closed on
Jul 31, 2013
Sold by
Dubois Mary Julia T
Bought by
Forret Patrick J and Berman Joanne H
Seller's Agent
Mark Higgins
Benson & Mangold, LLC
Buyer's Agent
Kathy Christensen
TTR Sotheby's International Realty
List Price
$650,000
Sold Price
$520,000
Premium/Discount to List
-$130,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Original Mortgage
$416,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2011
Sold by
Buchwald Thomas M
Bought by
Dubois Mary Julia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,750
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2011
Sold by
Buchwald Thomas M and Dubois Mary Julia T
Bought by
Dubois Mary Julia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,750
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2004
Sold by
Lindsay William P and Lindsay Zona H
Bought by
Buchwald Thomas M and Dubois Mary Julia T

Purchase Details

Closed on
Aug 29, 1985
Sold by
Laricos Peter G and Laricos Barbara
Bought by
Lindsay William P and Lindsay Zona H
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
Veale Alexander J $650,000 Chicago Title Insurance Co
Forret Patrick J $520,000 Eastern Shore Title Company
Dubois Mary Julia T -- --
Dubois Mary Julia T -- Old Republic National Title
Buchwald Thomas M $620,000 --
Lindsay William P $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veale Alexander J $510,400
Previous Owner Forrest Patrick J $50,000
Previous Owner Forret Patrick J $416,000
Previous Owner Dubois Mary Julia T $443,750
Previous Owner Dubois Mary Julia T $443,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $665,000 -0.7% $499 / Sq Ft
05/08/2020 05/08/20 Price Changed $670,000 +3.1% $503 / Sq Ft
05/08/2020 05/08/20 For Sale $650,000 +25.0% $488 / Sq Ft
07/31/2013 07/31/13 Sold $520,000 -11.7% $387 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
04/02/2013 04/02/13 Price Changed $589,000 -3.3% $438 / Sq Ft
03/29/2013 03/29/13 Price Changed $609,000 -6.3% $453 / Sq Ft
03/27/2013 03/27/13 For Sale $650,000 -- $484 / 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 $5,319 $601,300 $397,200 $204,100
2024 $5,319 $587,567 $0 $0
2023 $4,909 $573,833 $0 $0
2022 $4,469 $560,100 $397,200 $162,900
2021 $8,758 $558,967 $0 $0
2020 $4,197 $557,833 $0 $0
2019 $4,195 $556,700 $397,200 $159,500
2018 $3,916 $541,600 $0 $0
2017 $3,431 $526,500 $0 $0
2016 $3,181 $511,400 $0 $0
2015 $1,694 $485,667 $0 $0
2014 $1,694 $459,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dawn Lednum

    Seller's Agent in 2020

    Dawn Lednum

    Chesapeake Bay Real Estate Plus, LLC

    (410) 829-3603

    20 in this area

    111 Total Sales

    Dawn Lednum
    Section Image

  • M

    Seller's Agent in 2013

    Mark Higgins

    Benson & Mangold, LLC

    (410) 310-1396

    1 Total Sale

    Mark Higgins
    Section Image
  • Kathy Christensen

    Buyer's Agent in 2013

    Kathy Christensen

    TTR Sotheby's International Realty

    (410) 924-4814

    1 in this area

    155 Total Sales

    Kathy Christensen
    Section Image
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Map

Source: Bright MLS

MLS Number: MDTA138062

Bright MLS

APN: 05-189918

Maryland Talbot County Tilghman 21671

5550 Leeward Ln, Tilghman, MD

This home is located at 5550 Leeward Ln, Tilghman, MD 21671 since 08 May 2020 and is currently estimated at $917,673, approximately $688 per square foot. This property was built in 1987. 5550 Leeward Ln 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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