NOT LISTED FOR SALE

5740 Tilghman Island Rd Tilghman, MD 21671

Estimated Value: $224,000 - $333,000

3 Beds
1 Bath
1,444 Sq Ft
$189/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $127,500 $88 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,583/month

3 Days on Market

Highlights

  • Home fronts navigable water
  • Traditional Floor Plan
  • Farmhouse Style Home
  • Water Access
  • Wood Flooring
  • 1 Fireplace

About This Home

As of February 2020

Classic Tilghman Island Farm House. Three bedroom one bath with beautiful hardwood floors. The foundation of this home has been completely restored. This one would make a great jumping off point for all your vacation adventures. Priced to sell. Bring offers.

Last Agent to Sell the Property

John McGlannan

Meredith Fine Properties License #596796 Listed on: 12/13/2019

Meredith Fine Properties

Last Buyer's Agent

Rondy Alstrom

Tilghman Island Realty Inc License #87562

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $861

Year Built

  • Built in 1910

Lot Details

  • 0.5 Acre Lot
  • Home fronts navigable water

Parking

  • Driveway

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 1,444 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Beamed Ceilings
  • Ceiling Fan
  • 1 Fireplace
  • Mud Room
  • Wood Flooring
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Property near a bay

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Well

Community Details

  • No Home Owners Association
  • Tilghman Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2105176913

Home Details

Home Type

Single Family

Est. Annual Taxes

$861

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1910
  • Remarks Public: Classic Tilghman Island Farm House. Three bedroom one bath with beautiful hardwood floors. The foundation of this home has been completely restored. This one would make a great jumping off point for all your vacation adventures. Priced to sell. Bring offers.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Exposed Beams, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Mud Room
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1444
  • Living Area Sq Ft: 1444
  • Price Per Sq Ft: 103.88
  • Above Grade Finished Sq Ft: 1444
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5740

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Spa: No
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

  • Additional Parcels: No
  • Improvement Assessed Value: 42400.00
  • Land Assessed Value: 72600.00
  • Land Use Code: 110
  • Lot Size Acres: 0.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21760.00
  • Year Assessed: 2019
  • Zoning: R
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5300881
  • Tax Annual Amount: 861.00
  • Assessor Parcel Number: 2105176913
  • Tax Total Finished Sq Ft: 1444
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 02/21/2020

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2019
Closed on
Feb 21, 2020
Sold by
Holwill Margaret G
Bought by
Shuey John G and Young Kathryn A
Seller's Agent
John McGlannan
Meredith Fine Properties
Buyer's Agent
Rondy Alstrom
Tilghman Island Realty Inc
List Price
$150,000
Sold Price
$127,500
Premium/Discount to List
-$22,500
-15%
Current Estimated Value
$273,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,718
Avg. Annual Appreciation
14.78%

Purchase Details

Closed on
Apr 28, 1998
Sold by
Cummings Ruth L and Cummings E
Bought by
Holwill Margaret H

Purchase Details

Closed on
Oct 19, 1994
Sold by
Cummings Courtney H
Bought by
Cummings Ruth
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
Shuey John G $127,500 Venture Title Company Llc
Holwill Margaret H $65,000 --
Cummings Ruth -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $127,500 -15.0% $88 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
12/13/2019 12/13/19 For Sale $150,000 -- $104 / 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 $1,167 $134,400 $72,800 $61,600
2024 $1,167 $130,400 $0 $0
2023 $1,072 $126,400 $0 $0
2022 $964 $122,400 $72,800 $49,600
2021 $914 $119,933 $0 $0
2020 $873 $117,467 $0 $0
2019 $854 $115,000 $72,600 $42,400
2018 $819 $115,000 $72,600 $42,400
2017 $799 $115,000 $0 $0
2016 $779 $121,200 $0 $0
2015 $958 $121,200 $0 $0
2014 $958 $121,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDTA136928

Bright MLS

APN: 05-176913