NOT LISTED FOR SALE

Estimated Value: $746,000 - $1,150,000

2.38 Acres
$398,319 Price per Acre
103,673 Sq Ft Lot

Last Sold November 01, 2013

Last sale price $1,775,000

Est. 47% decrease in value since last sale

Current estimated payment $6,247/month

329 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • 2.38 Acre Lot
  • Ocean City Elementary School Rated A
  • Bay View
  • Wooded Lot

About This Lot

As of November 2013

This waterfront lot is located in The Coves of Isle of Wight. Lot is located on the bay with breathtaking views of Ocean City Skyline.

Last Agent to Sell the Property

Donald Bailey

Coldwell Banker Realty License #613492 Listed on: 10/15/2012

Coldwell Banker Realty

Last Buyer's Agent

Mark Fritschle

RE/MAX Premier Properties

Property Details

Property Type

  • Land

Lot Details

  • 2.38 Acre Lot
  • Home fronts navigable water
  • Cleared Lot
  • Wooded Lot
  • Zoning described as A1

HOA Fees

  • $108 Monthly HOA Fees

Schools

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

Utilities

  • Lateral or Tap On-Site
  • Site Evaluation on File

Additional Features

  • Bay Views
  • Flood Risk

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 422922

Community Details

Recreation

  • Water Access
  • Property near a bay

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Special Features: None

Exterior Features

  • Construction Completed: No
  • View: Bay, Water
  • Water Access: Yes
  • Water Body Type: Bay
  • Water Frontage Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Lateral/Tap On Site, Site Evaluation On File

Condo/Co-op/Association

  • HOA Fees: 1300.00
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared, Trees/Wooded
  • Lot Size Acres: 2.38
  • Possible Use: Residential
  • Zoning Description: A1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5431590
  • Assessor Parcel Number: 422922
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Close Date: 11/01/2013

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

Property History

Date Event Price Change Sq Ft Price
11/01/2013 11/01/13 Sold $1,775,000 +343.8% --
09/09/2013 09/09/13 Pending -- -- --
10/15/2012 10/15/12 For Sale $400,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000861236

Bright MLS