NOT LISTED FOR SALE

Estimated Value: $1,081,661 - $1,341,000

4 Beds
5 Baths
2,700 Sq Ft
$455/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $650,000 $241 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,241/month

154 Days on Market

Highlights

  • 55 Feet of Waterfront
  • Pier
  • Built in 2012
  • 2 Boat Docks
  • Guest House
  • 2-minute walk to Sinclair Avenue Waterfront park

About This Home

As of October 2012

dyllic brand new waterfront home with charming guest cottage and sunset views over the Chesapeake Bay. property has 2 piers with water and electric, 3 FT MLW. BedroomS all have ensuite tile baths. Exquisite details include hardwood floors throughout, loft area for office or extra sleeping space, balcony, 1 car garage for storage. Walk to deep water marina.

Last Agent to Sell the Property

Cornelia Heckenbach

Long & Foster Real Estate, Inc. Listed on: 04/03/2012

Long & Foster Real Estate, Inc.

Co-Listed By

Meg Moran

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Dawn Lednum

Chesapeake Bay Real Estate Plus, LLC License #78241

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,874

Year Built

  • Built in 2012

Lot Details

  • 0.51 Acre Lot
  • 55 Feet of Waterfront
  • Home fronts navigable water
  • Landscaped
  • Property is in very good condition

Parking

  • 1 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Window Treatments
  • Living Room
  • Loft
  • Wood Flooring
  • Water Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Water Access
  • Property near a bay
  • Rip-Rap
  • Physical Dock Slip Conveys
  • 2 Boat Docks
  • Balcony
  • Deck
  • Office or Studio
  • Porch

Additional Homes

  • Guest House

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Tilghman HOA

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 22
  • Assessor Parcel Number 2105181631

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,874

Year Built

Built in 2012

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: Yes
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2012
  • Year Renovated: 2012
  • Remarks Public: dyllic brand new waterfront home with charming guest cottage and sunset views over the Chesapeake Bay. property has 2 piers with water and electric, 3 FT MLW. BedroomS all have ensuite tile baths. Exquisite details include hardwood floors throughout, loft area for office or extra sleeping space, balcony, 1 car garage for storage. Walk to deep water marina.
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer
  • Interior Amenities: Kitchen - Table Space, Primary Bath(s), Entry Level Bedroom, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Floors In Unit Count: 3
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry, Loft
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 257.41
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6100

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Guest House, Office/Studio
  • Construction Materials: Hardiplank Type
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Roof: Metal
  • View: Water
  • 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: 55

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached 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: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Name: TILGHMAN
  • HOA: No

Lot Info

  • Improvement Assessed Value: 85000.00
  • Land Assessed Value: 249600.00
  • Lot Features: Landscaping, Rip-Rapped
  • Lot Size Acres: 0.51
  • Lot Size Area: 22002
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22002.00
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2011

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5301274
  • Tax Annual Amount: 1873.76
  • Assessor Parcel Number: 2105181631
  • Tax Lot: 22
  • Tax Total Finished Sq Ft: 3713
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 10/19/2012

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Federal Flood Zone: B
  • Mean Low Water Feet: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2012
Closed on
Oct 19, 2012
Sold by
Martin Kenneth D and Martin Michael W
Bought by
Majure William R and Majure Kimberly J Tan
Seller's Agent
Cornelia Heckenbach
Long & Foster Real Estate, Inc.
Buyer's Agent
Dawn Lednum
Chesapeake Bay Real Estate Plus, LLC
List Price
$739,000
Sold Price
$650,000
Premium/Discount to List
-$89,000
-12.04%
Current Estimated Value
$1,227,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,665
Avg. Annual Appreciation
4.72%
Original Mortgage
$400,000
Outstanding Balance
$84,638
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,090,688

Purchase Details

Closed on
Jul 29, 2005
Sold by
Martin Dwight W and Martin Becky Ellis
Bought by
Martin Kenneth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Majure William R $650,000 Eastern Shore Title Company
Martin Kenneth D $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Majure William R $400,000
Previous Owner Martin Kenneth D $424,000
Previous Owner Martin Kenneth D $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $650,000 -6.5% $241 / Sq Ft
09/04/2012 09/04/12 Pending -- -- --
07/23/2012 07/23/12 Price Changed $695,000 -6.0% $257 / Sq Ft
04/03/2012 04/03/12 For Sale $739,000 -- $274 / 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 $6,227 $722,500 $313,000 $409,500
2024 $6,227 $695,667 $0 $0
2023 $5,671 $668,833 $0 $0
2022 $5,054 $642,000 $313,000 $329,000
2021 $4,881 $640,667 $0 $0
2020 $4,749 $639,333 $0 $0
2019 $4,739 $638,000 $313,100 $324,900
2018 $4,493 $625,667 $0 $0
2017 $4,188 $613,333 $0 $0
2016 $3,784 $601,000 $0 $0
2015 $1,859 $588,800 $0 $0
2014 $1,859 $576,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003924860

Bright MLS

APN: 05-181631