NOT LISTED FOR SALE

Estimated Value: $433,000 - $528,000

3 Beds
2 Baths
1,512 Sq Ft
$310/Sq Ft Est. Value

Last Sold May 08, 2019

Last sale price $254,000 $168 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,613/month

Highlights

  • Canal View
  • Rambler Architecture
  • Attic
  • Ocean City Elementary School Rated A
  • Main Floor Bedroom
  • No HOA

About This Home

As of May 2019

Here is your chance to live minutes from the beach and just one mile from Blue Ribbon award-winning Ocean City Elementary School. Remarkable 3 bedroom, 2 bath Rancher in the neighborhood of Cape Isle of Wight. Located in West Ocean City, take part in the year round activities offered by the parks, restaurants, shops and family attractions. Built in 2002, this home has been meticulously maintained by the original owner. Features canal views of the water from many rooms and a community boat ramp just one block away. In the seclusion of your master bedroom, relish in your private bath and large walk-in closet. Take advantage of the walk-up staircase to approximately 56 ft of fully floored attic. Enjoy the private patio, flagstone walkways and spacious backyard, perfect for gardening enthusiasts. Bonus storage can be found in the oversized 12 x24 shed. Ideal for all your beach toys, tools or fishing equipment. Do not miss out on this single-family home w/ NO HOA fee or city tax! Now is the time to invest in the beach lifestyle.

Last Agent to Sell the Property

Erik Windrow

(410) 430-5333 erik@thewindrowgroup.com Keller Williams Realty License #524838 Listed on: 03/13/2019

Keller Williams Realty

Co-Listed By

Jimbo Weismiller

(443) 783-8202 jimbo@ocbeachhomes.com Keller Williams Realty Delmarva License #665815

Last Buyer's Agent

Ryan Haley

(443) 880-8078 ryan@ryanhaley.com Atlantic Shores Sotheby's International Realty License #580256

Atlantic Shores Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,525

Year Built

  • Built in 2002

Lot Details

  • 10,054 Sq Ft Lot
  • Vinyl Fence
  • Property is in very good condition
  • Property is zoned R-2

Home Design

  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,512 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Double Pane Windows
  • Window Screens
  • Dining Area
  • Canal Views
  • Attic

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer
  • Gas Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Driveway

Outdoor Features

  • Patio
  • Outbuilding

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Water Conditioner
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Flood Risk

Community Details

  • No Home Owners Association
  • Cape Isle Of Wight Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 10-004721

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,525

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2002
  • Remarks Public: Here is your chance to live minutes from the beach and just one mile from Blue Ribbon award-winning Ocean City Elementary School. Remarkable 3 bedroom, 2 bath Rancher in the neighborhood of Cape Isle of Wight. Located in West Ocean City, take part in the year round activities offered by the parks, restaurants, shops and family attractions. Built in 2002, this home has been meticulously maintained by the original owner. Features canal views of the water from many rooms and a community boat ramp just one block away. In the seclusion of your master bedroom, relish in your private bath and large walk-in closet. Take advantage of the walk-up staircase to approximately 56 ft of fully floored attic. Enjoy the private patio, flagstone walkways and spacious backyard, perfect for gardening enthusiasts. Bonus storage can be found in the oversized 12 x24 shed. Ideal for all your beach toys, tools or fishing equipment. Do not miss out on this single-family home w/ NO HOA fee or city tax! Now is the time to invest in the beach lifestyle.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Gas, Oven/Range - Gas, Refrigerator, Washer, Water Heater, Microwave
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Primary Bath(s)
  • Window Features: Double Pane, Screens
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1512
  • Living Area Sq Ft: 1512
  • Price Per Sq Ft: 165.28
  • Above Grade Finished Sq Ft: 1512
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10340

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Modular/Manufactured, Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Roof: Architectural Shingle
  • Spa: No
  • View: Canal, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available
  • Water Source: Private/Community Water, Conditioner, Filter, Well
  • Municipal Trash: Yes

Condo/Co-op/Association

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

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Vinyl
  • Land Use Code: 011
  • Lot Size Acres: 0.23
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10054.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: R-2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5397569
  • Tax Annual Amount: 1525.00
  • Assessor Parcel Number: 10-004721
  • Tax Lot: 11
  • Tax Total Finished Sq Ft: 1512
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 05/08/2019

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2019
Closed on
May 8, 2019
Sold by
Clouser Karen M and Johnson Karen M
Bought by
Cortazzo Frank A and Cortazzo Christine
Seller's Agent
Erik Windrow
Keller Williams Realty
Buyer's Agent
Ryan Haley
Atlantic Shores Sotheby's International Realty
List Price
$249,900
Sold Price
$254,000
Premium/Discount to List
$4,100
1.64%
Current Estimated Value
$468,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,700
Avg. Annual Appreciation
9.95%
Original Mortgage
$259,461
Outstanding Balance
$227,187
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$241,513

Purchase Details

Closed on
Dec 21, 2000
Sold by
Stamos Nicholas and Stamos Yvonne
Bought by
Johnson Karen M

Purchase Details

Closed on
Aug 15, 1983
Sold by
Lynch William H
Bought by
Stamos Nicholas and Stamos Yvonne
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cortazzo Frank A $254,000 Ocean Investments Title Corp
Johnson Karen M $28,500 --
Stamos Nicholas $3,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortazzo Frank A $259,461
Closed Johnson Karen M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2019 05/08/19 Sold $254,000 +1.6% $168 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $249,900 -- $165 / 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 $1,860 $323,800 $114,200 $209,600
2024 $1,841 $296,000 $0 $0
2023 $1,770 $268,200 $0 $0
2022 $1,702 $240,400 $87,200 $153,200
2021 $1,645 $213,400 $0 $0
2020 $1,584 $186,400 $0 $0
2019 $1,525 $159,400 $87,200 $72,200
2018 $1,503 $159,400 $87,200 $72,200
2017 $1,637 $159,400 $0 $0
2016 -- $172,900 $0 $0
2015 $1,765 $172,900 $0 $0
2014 $1,765 $172,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO104206

Bright MLS

APN: 10-004721