NOT LISTED FOR SALE

102 86th St Ocean City, MD 21842

Estimated Value: $408,000 - $674,856

Studio
2 Baths
1,920 Sq Ft
$297/Sq Ft Est. Value

Sale Details

Date Sold: March 5, 2019

Last sale price $215,000 $112 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $3,449 / mo

8 Days on Market

Highlights

  • Raised Ranch Architecture
  • No HOA
  • Heat Pump System
  • Ocean City Elementary School Rated A
  • Window Unit Cooling System

About This Home

As of March 2019

Investment opportunity. 2 Three Bed/1 Bath apartments, one up, one down. Live in one unit and rent the other. Or rent both. Great in town location. Currently occupied with year round tenants. Shown by appt only with 24 hour notice.

Last Agent to Sell the Property

Peck Miller

(443) 856-2211 peck@peckmiller.com Coldwell Banker Realty License #524045 Listed on: 01/12/2019

Coldwell Banker Realty

Last Buyer's Agent

Peck Miller

(443) 856-2211 peck@peckmiller.com Coldwell Banker Realty License #524045 Listed on: 01/12/2019

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,290

Year Built

  • Built in 1966

Lot Details

  • 4,380 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • 1,920 Sq Ft Home
  • Raised Ranch Architecture
  • Asphalt Roof
  • Vinyl Siding

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • 2-Story Building
  • Little Salisbury Subdivision

Listing and Financial Details

  • Tax Lot 106A
  • Assessor Parcel Number 10-100666

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,290

Year Built

Built in 1966

Lot Details

4,380 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 117.19
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Block
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4380.00
  • Zoning: R-1
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3290.00
  • Assessor Parcel Number: 10-100666
  • Tax Lot: 106A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2019
Closed on
Mar 5, 2019
Sold by
Trumpower Robert B and Trumpower Anne
Bought by
Jennings George Tanner and Dashiell Douglas W
Seller's Agent
Peck Miller
Coldwell Banker Realty
Buyer's Agent
Peck Miller
Coldwell Banker Realty
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Current Estimated Value
$570,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,964
Avg. Annual Appreciation
14.70%
Original Mortgage
$161,250
Outstanding Balance
$140,900
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$430,064

Purchase Details

Closed on
Sep 20, 2002
Sold by
Mackay Bruce S
Bought by
Trumpower Robert B

Purchase Details

Closed on
Mar 11, 1997
Sold by
Price Earl P and Price Frances D
Bought by
Mackay Bruce S

Purchase Details

Closed on
Mar 19, 1985
Sold by
Byrne John P and Byrne Doris J
Bought by
Price Earl P and Price Frances D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,719
Interest Rate
13.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Jennings George Tanner $215,000 None Available
Trumpower Robert B $223,000 --
Mackay Bruce S $82,500 --
Price Earl P $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennings George Tanner $161,250
Previous Owner Price Earl P $63,719
Closed Mackay Bruce S --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2019 03/05/19 Sold $215,000 -4.4% $112 / Sq Ft
01/20/2019 01/20/19 Pending -- -- --
01/12/2019 01/12/19 For Sale $225,000 -18.7% $117 / Sq Ft
08/31/2018 08/31/18 Sold $276,820 +2.6% $275 / Sq Ft View Prior Sale
08/21/2018 08/21/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $269,820 -- $268 / Sq Ft
Source: Bright MLS

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 $5,061 $370,633 $0 $0
2024 $4,285 $307,067 $0 $0
2023 $3,422 $243,500 $170,300 $73,200
2022 $3,365 $239,433 $0 $0
2021 $3,326 $235,367 $0 $0
2020 $3,268 $231,300 $170,300 $61,000
2019 $3,258 $231,300 $170,300 $61,000
2018 $3,258 $231,300 $170,300 $61,000
2017 $3,278 $233,000 $0 $0
2016 -- $230,867 $0 $0
2015 -- $228,733 $0 $0
2014 $3,675 $226,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peck Miller

    Seller's Agent in 2019

    Peck Miller

    Coldwell Banker Realty

    (443) 880-2341

    31 in this area

    36 Total Sales

    Peck Miller
    Section Image
  • Ryan Haley

    Seller's Agent in 2018

    Ryan Haley

    Atlantic Shores Sotheby's International Realty

    (443) 880-8078

    196 in this area

    356 Total Sales

    Ryan Haley
    Section Image
  • Anthony Golden

    Buyer's Agent in 2018

    Anthony Golden

    BHHS PenFed (actual)

    (443) 783-0249

    133 in this area

    162 Total Sales

    Anthony Golden
    Section Image
  • Carol Proctor

    Buyer Co-Listing Agent in 2018

    Carol Proctor

    BHHS PenFed (actual)

    (443) 567-0650

    341 in this area

    478 Total Sales

    Carol Proctor
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO102182

Bright MLS

APN: 10-100666

Maryland Worcester County Ocean City 21842

102 86th St, Ocean City, MD

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