NOT LISTED FOR SALE

5560 Leeward Ln Tilghman, MD 21671

Estimated Value: $939,510 - $1,212,000

3 Beds
2 Baths
1,568 Sq Ft
$674/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $710,000 $453 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,213/month

4 Days on Market

Highlights

  • 1.64 Acre Lot
  • No HOA
  • More Than Two Accessible Exits
  • Rambler Architecture
  • 2 Car Attached Garage
  • Parking Storage or Cabinetry

About This Home

As of October 2020

IF YOU HAVE BEEN DREAMING OF A HOME ON THE BAY, YOUR DREAMS ARE ABOUT TO COME TRUE. THIS FANTASTIC HOME ON THE CHESAPEAKE BAY AWAITS. BRING YOUR BOAT TO THE DOCK AND LET THE LOVE OF A WATERFRONT PROPERTY BEGIN. THIS 3 BEDROOM 2 BATH RANCH IS THE PERFECT HOME. KITCHEN WITH BEAUTIFUL FARM SINK IS OPEN TO THE LIVING AND DINING AREAS MAKING THIS A GREAT HOME TO ENTERTAIN FAMILY AND FRIENDS. LOCATED A SHORT RIDE FROM ST. MICHAELS ON TILGHMAN ISLAND THIS HOME OFFERS EASTERN SHORE LIVING AT IS BEST. PLENTY OF ROOM FOR A POOL WITH A WATER VIEW! GRANITE SLAB STEPS LEAD TO WATER FOR KAYAK, CANOE, RAFT OR A SWIM. A BEAUTIFUL NATURAL HABITAT ISLAND IN ADDITION TO RIP-RAPPED SHORELINE IS LOVELY TO LOOK ANT AS WELL AS PROTECTIVE. WITH AN OPEN FLOOR PLAN

Last Agent to Sell the Property

Dawn Lednum

Chesapeake Bay Real Estate Plus, LLC License #78241 Listed on: 09/11/2020

Last Buyer's Agent

Robert Taylor

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,952

Year Built

  • Built in 1993

Lot Details

  • 1.64

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Rambler Architecture

Interior Spaces

  • 1,568 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Equal To The Number Of Bedrooms

Additional Features

  • More Than Two Accessible Exits
  • 1.64 Acre Lot

Community Details

  • No Home Owners Association
  • Tilghman Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2105189888

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,952

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1993
  • Automatically Close On Close Date: Yes
  • Remarks Public: IF YOU HAVE BEEN DREAMING OF A HOME ON THE BAY, YOUR DREAMS ARE ABOUT TO COME TRUE. THIS FANTASTIC HOME ON THE CHESAPEAKE BAY AWAITS. BRING YOUR BOAT TO THE DOCK AND LET THE LOVE OF A WATERFRONT PROPERTY BEGIN. THIS 3 BEDROOM 2 BATH RANCH IS THE PERFECT HOME. KITCHEN WITH BEAUTIFUL FARM SINK IS OPEN TO THE LIVING AND DINING AREAS MAKING THIS A GREAT HOME TO ENTERTAIN FAMILY AND FRIENDS. LOCATED A SHORT RIDE FROM ST. MICHAELS ON TILGHMAN ISLAND THIS HOME OFFERS EASTERN SHORE LIVING AT IS BEST. PLENTY OF ROOM FOR A POOL WITH A WATER VIEW! GRANITE SLAB STEPS LEAD TO WATER FOR KAYAK, CANOE, RAFT OR A SWIM. A BEAUTIFUL NATURAL HABITAT ISLAND IN ADDITION TO RIP-RAPPED SHORELINE IS LOVELY TO LOOK ANT AS WELL AS PROTECTIVE. WITH AN OPEN FLOOR PLAN
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1568
  • Living Area Sq Ft: 1568
  • Price Per Sq Ft: 452.81
  • Above Grade Finished Sq Ft: 1568
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5560

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
  • Garage Features: Additional Storage Area
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

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: Septic = # Of Br
  • Water Source: Well

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: 1.64
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 71438.40
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5301944
  • Assessor Parcel Number: 2105189888
  • Tax Year: 2020
  • Close Date: 10/21/2020

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Oct 21, 2020
Sold by
Holland Michael R and Holland Cynthia A
Bought by
Thornton Andrew W and Thornton Carol B
Seller's Agent
Dawn Lednum
Chesapeake Bay Real Estate Plus, LLC
Buyer's Agent
Robert Taylor
Long & Foster Real Estate, Inc.
List Price
$710,000
Sold Price
$710,000
Current Estimated Value
$1,057,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,378
Avg. Annual Appreciation
8.50%
Original Mortgage
$355,000
Outstanding Balance
$316,619
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$740,759

Purchase Details

Listed on
Sep 20, 2013
Closed on
Jan 24, 2014
Sold by
Robertson James W and Robertson Sylvia M
Bought by
Holland Michael R and Holland Cynthia A
Seller's Agent
Craig Linthicum
Benson & Mangold, LLC
Buyer's Agent
Craig Linthicum
Benson & Mangold, LLC
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$417,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2008
Sold by
Jackson Scott K
Bought by
Robertson James W and Robertson Sylvia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2008
Sold by
Jackson Scott K
Bought by
Robertson James W and Robertson Sylvia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 1993
Sold by
Worley Arthur T and Worley Ruth L
Bought by
Jackson Scott K

Purchase Details

Closed on
Dec 1, 1986
Sold by
Anastas Demos and Anastas Peggy
Bought by
Worley Arthur T and Worley Ruth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
9.5%
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
Thornton Andrew W $710,000 Eastern Shore Title Company
Holland Michael R $525,000 None Available
Robertson James W $575,000 --
Robertson James W $575,000 --
Jackson Scott K $110,000 --
Worley Arthur T $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Andrew W $355,000
Previous Owner Holland Michael R $417,000
Previous Owner Robertson James W $416,000
Previous Owner Robertson James W $416,000
Previous Owner Worley Arthur T $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Sold $710,000 0.0% $453 / Sq Ft
09/11/2020 09/11/20 For Sale $710,000 +35.2% $453 / Sq Ft
01/24/2014 01/24/14 Sold $525,000 -4.4% $335 / Sq Ft
12/03/2013 12/03/13 Pending -- -- --
09/20/2013 09/20/13 For Sale $549,000 -- $350 / 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 $5,952 $675,700 $462,000 $213,700
2024 $5,952 $658,300 $0 $0
2023 $5,495 $640,900 $0 $0
2022 $4,968 $623,500 $462,000 $161,500
2021 $4,792 $621,033 $0 $0
2020 $4,655 $618,567 $0 $0
2019 $4,637 $616,100 $462,000 $154,100
2018 $4,318 $598,033 $0 $0
2017 $3,763 $579,967 $0 $0
2016 $3,579 $561,900 $0 $0
2015 $2,913 $547,600 $0 $0
2014 $2,913 $533,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA139220

Bright MLS

APN: 05-189888