NOT LISTED FOR SALE

Estimated Value: $588,000 - $767,000

3 Beds
2.5 Baths
1,770 Sq Ft
$389/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $675,000 $381 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,049/month

132 Days on Market

Highlights

  • 50 Feet of Waterfront
  • 1 Boat Dock
  • Fishing Allowed
  • Ocean City Elementary School Rated A
  • Access to Tidal Water
  • Open Floorplan

About This Home

As of June 2023

Have you been looking for a WATERFRONT PROPERTY!? Look no further! You will love the location and home located at 10341 New Quay Rd in West Ocean City. Quiet neighborhood at the corner of two canals, will take just a few minutes to get to the bay in south OC MD and beyond! The house is FULLY RENOVATED, MOVE IN READY! So much to describe! On the first floor, find a soaring ceiling in the living/dining area. Gorgeous kitchen, separate bar area, large island with beverage fridge and microwave, corner sink looking out over the canals, two new decks, family room with lovely fireplace, beachy colored luxury vinyl flooring throughout, half bath on first floor, two car garage a few steps down. Upstairs is equally gorgeous and practical - you will love the primary suite - modern soaking tub, large standing shower stall, two sink vanity with windows overlooking the canals. Two more bedrooms and another beautifully renovated bathroom, and a washer/dryer unit in a large closet - could not be more convenient! Outside you will find refreshed landscaping, a 6 car driveway, two decks, and a bulkhead to dock your boat! All in all, an amazing opportunity for full time living or the summer months! Looking forward to seeing you on Saturday JAUARY 6 from 1 to 3 to check this place out. Don’t miss this unique location and MOVE IN READY home!

Last Agent to Sell the Property

Sarah Lovelidge

ExecuHome Realty Listed on: 01/03/2023

ExecuHome Realty

Last Buyer's Agent

Bonnie Fleishman

Douglas Realty, LLC

Douglas Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,514

Year Built

  • Built in 1992

Lot Details

  • 9,078 Sq Ft Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • East Facing Home
  • Cleared Lot
  • Back and Front Yard
  • Property is in excellent condition
  • Property is zoned R-2

Parking

  • 2 Car Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,770 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Fireplace Mantel
  • Brick Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dual Flush Toilets
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Property is near a canal
  • Personal Watercraft
  • Bulkhead
  • 1 Boat Dock
  • Private Dock Site
  • Dock Against Bulkhead
  • Powered Boats Permitted

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 2410002478

Community Details

Overview

  • No Home Owners Association
  • Cape Isle Of Wight Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,514

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Any personal items
  • Inclusions: All fixtures and appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-01-06
  • Federal Flood Zone: Yes
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Remarks Public: Have you been looking for a WATERFRONT PROPERTY!? Look no further! You will love the location and home located at 10341 New Quay Rd in West Ocean City. Quiet neighborhood at the corner of two canals, will take just a few minutes to get to the bay in south OC MD and beyond! The house is FULLY RENOVATED, MOVE IN READY! So much to describe! On the first floor, find a soaring ceiling in the living/dining area. Gorgeous kitchen, separate bar area, large island with beverage fridge and microwave, corner sink looking out over the canals, two new decks, family room with lovely fireplace, beachy colored luxury vinyl flooring throughout, half bath on first floor, two car garage a few steps down. Upstairs is equally gorgeous and practical - you will love the primary suite - modern soaking tub, large standing shower stall, two sink vanity with windows overlooking the canals. Two more bedrooms and another beautifully renovated bathroom, and a washer/dryer unit in a large closet - could not be more convenient! Outside you will find refreshed landscaping, a 6 car driveway, two decks, and a bulkhead to dock your boat! All in all, an amazing opportunity for full time living or the summer months! Looking forward to seeing you on Saturday JAUARY 6 from 1 to 3 to check this place out. Don’t miss this unique location and MOVE IN READY home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dual Flush Toilets, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Luxury Vinyl Plank
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace Features: Brick, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry, Primary Bathroom, Full Bath
  • Basement: No
  • Laundry Type: Has Laundry, Upper Floor
  • Total Sq Ft: 1770
  • Living Area Sq Ft: 1770
  • Price Per Sq Ft: 395.20
  • Above Grade Finished Sq Ft: 1770
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10341

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Unknown
  • View: Canal, Water
  • Water Access Features: Boat - Powered, Fishing Allowed, Canoe/Kayak, Personal Watercraft (PWC)
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry
  • Total Garage And Parking Spaces: 12
  • Type Of Parking: Driveway, Off Street, On Street, Parking Garage
  • Number of Spaces in Driveway: 4
  • Off Street Parking Spaces: 6
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

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

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Features: Bulkheaded, Cleared, Front Yard, Rear Yard
  • Lot Size Acres: 0.21
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9078.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R-2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3514.00
  • Assessor Parcel Number: 2410002478
  • Tax Lot: 35
  • Tax Total Finished Sq Ft: 1770
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 06/30/2023

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Jun 30, 2023
Sold by
Nail In Inc
Bought by
Taylor Rodney and Taylor Pamela
Seller's Agent
Sarah Lovelidge
ExecuHome Realty
Buyer's Agent
Bonnie Fleishman
Douglas Realty, LLC
List Price
$749,500
Sold Price
$675,000
Premium/Discount to List
-$74,500
-9.94%
Views
309
Current Estimated Value
$688,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,167
Avg. Annual Appreciation
2.38%
Original Mortgage
$496,000
Outstanding Balance
$485,592
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$225,537

Purchase Details

Closed on
Sep 2, 2022
Sold by
Cohn Edward S
Bought by
Nail In Inc

Purchase Details

Closed on
Dec 4, 1991
Sold by
Dieter James John
Bought by
Spine Joan E
Source: Public Records

Range of Values:

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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
Taylor Rodney $675,000 Admiral Title
Nail In Inc $461,000 --
Spine Joan E $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Rodney $496,000
Previous Owner Spine Joan E $673,500
Previous Owner Spine Joan E $576,000
Previous Owner Spine Francis S $122,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $675,000 -3.5% $381 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
04/21/2023 04/21/23 Price Changed $699,500 -2.8% $395 / Sq Ft
04/11/2023 04/11/23 Price Changed $719,500 -1.4% $406 / Sq Ft
03/24/2023 03/24/23 Price Changed $729,500 -1.4% $412 / Sq Ft
02/13/2023 02/13/23 Price Changed $739,500 -1.3% $418 / Sq Ft
01/03/2023 01/03/23 For Sale $749,500 -- $423 / 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 $4,588 $538,700 $177,000 $361,700
2024 $4,588 $481,533 $0 $0
2023 $4,043 $424,367 $0 $0
2022 $3,273 $367,200 $157,000 $210,200
2021 $3,188 $352,433 $0 $0
2020 $2,981 $337,667 $0 $0
2019 $2,994 $322,900 $169,900 $153,000
2018 $2,823 $310,300 $0 $0
2017 $2,700 $297,700 $0 $0
2016 $2,627 $285,100 $0 $0
2015 $2,645 $285,100 $0 $0
2014 $2,645 $285,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2011696

Bright MLS

APN: 10-002478