NOT LISTED FOR SALE

5580 Leeward Ln Tilghman, MD 21671

Estimated Value: $815,527 - $1,153,000

2 Beds
2 Baths
1,834 Sq Ft
$509/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $505,000 $275 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,480/month

Highlights

  • 100 Feet of Waterfront
  • Boat or Launch Ramp
  • Bay View
  • 1 Dock Slip
  • Fishing Allowed
  • 2.31 Acre Lot

About This Home

As of November 2016

WALK OUT YOUR BACK DOOR TO EXPANSIVE VIEWS OF THE CHESAPEAKE BAY LOCATED ON 2.31 ACRES OF CLEARED LOT. FEEL THE BREEZE & HEAR THE WAVES WHILE RELAXING ON YOUR EXPANDED DECK OR ENJOY EATING CRABS IN GAZEBO. WAVE TO THE CRUISE SHIPS AS THEY GO BY. Although the home has been maintained, it is SOLD "AS IS," Pier and boat lift "as is." HOME INSPECTION FOR INFORMATIONAL PURPOSES ONLY. NEWER ROOF

Last Agent to Sell the Property

Patricia Shankle

Coldwell Banker Realty Listed on: 07/13/2016

Co-Listed By

Donald Shankle

Coldwell Banker Realty

Last Buyer's Agent

Rondy Alstrom

Tilghman Island Realty Inc License #87562

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,010

Year Built

  • Built in 1987

Lot Details

  • 2.31 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • West Facing Home
  • Property is in very good condition

Parking

  • Driveway

Property Views

  • Bay
  • Woods

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,834 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Area
  • Loft
  • Utility Room

Kitchen

  • Country Kitchen
  • Built-In Oven
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Canoe or Kayak Water Access
  • Property near a bay
  • Personal Watercraft
  • Sail
  • Rip-Rap
  • Electric Hoist or Boat Lift
  • Boat or Launch Ramp
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 2 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Gazebo
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 8
  • Assessor Parcel Number 2105189837

Community Details

Overview

  • No Home Owners Association
  • Paw Paw Cove Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,010

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1987
  • Remarks Public: WALK OUT YOUR BACK DOOR TO EXPANSIVE VIEWS OF THE CHESAPEAKE BAY LOCATED ON 2.31 ACRES OF CLEARED LOT. FEEL THE BREEZE & HEAR THE WAVES WHILE RELAXING ON YOUR EXPANDED DECK OR ENJOY EATING CRABS IN GAZEBO. WAVE TO THE CRUISE SHIPS AS THEY GO BY. Although the home has been maintained, it is SOLD "AS IS," Pier and boat lift "as is." HOME INSPECTION FOR INFORMATIONAL PURPOSES ONLY. NEWER ROOF
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Icemaker, Refrigerator, Washer, Microwave, Oven - Wall, Stove
  • Interior Amenities: Kitchen - Country, Dining Area, Primary Bath(s), Upgraded Countertops, Window Treatments, Floor Plan - Open
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Loft, Utility Room
  • Basement: Yes
  • Basement Type: Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 1834
  • Living Area Sq Ft: 1834
  • Price Per Sq Ft: 310.25
  • Above Grade Finished Sq Ft: 1834
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5580

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Gazebo, Shed, Shed Shop
  • Construction Materials: Combination, Brick, Vinyl Siding
  • Dock Type: Single Slip
  • Pool Private: No
  • Roof: Asphalt
  • View: Water, Bay, Trees/Woods
  • View: Yes
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Sail
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • 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

Lot Info

  • Improvement Assessed Value: 183700.00
  • Land Assessed Value: 451800.00
  • Lot Size Acres: 2.31
  • Lot Size Area: 100624
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 100624.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2016

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5301940
  • Tax Annual Amount: 4010.26
  • Assessor Parcel Number: 2105189837
  • Tax Lot: 8
  • Tax Total Finished Sq Ft: 1834
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 11/30/2016

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 6
  • Waterfront Features: Private Dock Site, Rip-Rap, Boat/Launch Ramp

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2020
Sold by
Stansfield William R and Stansfield Sheri M
Bought by
Stansfield William R
Current Estimated Value
$933,632

Purchase Details

Listed on
Jul 13, 2016
Closed on
Nov 30, 2016
Sold by
Rehill Betty J
Bought by
Stansfield William R and Stansfield Sheri M
Seller's Agent
Patricia Shankle
Coldwell Banker Realty
Buyer's Agent
Rondy Alstrom
Tilghman Island Realty Inc
List Price
$569,000
Sold Price
$505,000
Premium/Discount to List
-$64,000
-11.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$150,000
Outstanding Balance
$73,056
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$891,760

Purchase Details

Closed on
May 20, 2015
Sold by
Rehill Betty J
Bought by
Rehill Betty J

Purchase Details

Closed on
Oct 7, 1981
Sold by
Tilghman Associates Inc
Bought by
Rehill Francis M and Rehill Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
18.28%
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
Stansfield William R -- None Available
Stansfield William R $505,000 Venture Title Co Llc
Rehill Betty J -- None Available
Rehill Francis M $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stansfield William R $150,000
Previous Owner Rehill Francis M $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $505,000 -11.2% $275 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
07/17/2016 07/17/16 For Sale $569,000 +12.7% $310 / Sq Ft
07/13/2016 07/13/16 Off Market $505,000 -- --
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 $5,184 $605,300 $457,100 $148,200
2024 $5,184 $572,500 $0 $0
2023 $4,636 $539,700 $0 $0
2022 $4,050 $506,900 $386,300 $120,600
2021 $3,917 $506,267 $0 $0
2020 $3,816 $505,633 $0 $0
2019 $3,811 $505,000 $386,000 $119,000
2018 $3,686 $505,000 $386,000 $119,000
2017 $4,111 $505,000 $0 $0
2016 $1,918 $635,500 $0 $0
2015 $1,660 $618,867 $0 $0
2014 $1,660 $602,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Patricia Shankle

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    Section Image
  • Donald Shankle

    Seller Co-Listing Agent in 2016

    Donald Shankle

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (410) 919-2578

    36 Total Sales

    Donald Shankle
    Section Image

  • R

    Buyer's Agent in 2016

    Rondy Alstrom

    Tilghman Island Realty Inc

    (410) 829-3972

    24 in this area

    31 Total Sales

    Rondy Alstrom
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003750907

Bright MLS

APN: 05-189837

Maryland Talbot County Tilghman 21671

5580 Leeward Ln, Tilghman, MD

This home is located at 5580 Leeward Ln, Tilghman, MD 21671 since 13 July 2016 and is currently estimated at $933,632, approximately $509 per square foot. This property was built in 1987. 5580 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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