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402 Spinnaker Ln

Saint Michaels, MD 21663

4 bd 3 ba 2,022 sqft Built 2021 Lot 2,598 sqft single_family
Most recent sale
$499,000
Dec 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 17, 2021 Sold $499,000 MLS #MDTA2000502
Aug 6, 2021 Listed $499,000 MLS #MDTA2000502

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $367,700 $192,500 $560,200 $6,984
2024 $367,700 $192,500 $560,200 $6,290
2022 $319,500 $88,500 $408,000 $4,677
2021 $82,333 $932
2020 $76,167 $865
2019 $70,000 $70,000 $795
2018 $64,167 $716
2017 $58,333 $630
2016 $52,500 $52,500 $521

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,022 sqft
Lot size
2,598 sqft
ZIP code
21663
City
Saint Michaels
Street
Spinnaker Ln
Coordinates
38.78878, -76.22601

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,033
Gross rental yield
7.29%
Implied cap rate
4.74%
Trend-extrapolated value

Frequently asked questions

When did 402 Spinnaker Ln last sell?
402 Spinnaker Ln most recently sold on Dec 17, 2021 for $499,000.
What is the current tax assessment for 402 Spinnaker Ln?
The most recent total assessment for 402 Spinnaker Ln (year 2025) is $560,200 with $6,984 in property tax.
How does 402 Spinnaker Ln's assessment compare to its last sale price?
The current assessment is 12.3% above the last sale price of $499,000.
When was 402 Spinnaker Ln built?
402 Spinnaker Ln was built in 2021.
How does 402 Spinnaker Ln compare to others on Spinnaker Ln?
We track 3 other properties on Spinnaker Ln. Browse the list under "Other properties on Spinnaker Ln" to compare beds, baths, and sale history.
What are the property facts for 402 Spinnaker Ln?
402 Spinnaker Ln is a 4 bed, 3 bath, 2,022 sqft, 2,598 sqft lot single_family.
Is 402 Spinnaker Ln a flip candidate?
No — 402 Spinnaker Ln does not appear in our flips dataset.
Is 402 Spinnaker Ln a tax-appeal candidate?
No — 402 Spinnaker Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.8%
Implied 1-yr
+7.2%
2026 Q3
$1.16M
2026 Q4
$1.18M
ZIP 21663 — Median Price History + Forecast

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