NOT LISTED FOR SALE

10349 New Quay Rd Ocean City, MD 21842

West Ocean City Neighborhood

Estimated Value: $275,174 - $687,000

0.18 Acre
$2,409,967 Price per Acre
8,013 Sq Ft Lot

Last Sold July 27, 2018

Last sale price $142,500

Est. 204% increase in value since last sale

Current estimated payment $2,401/month

Highlights

  • Home fronts navigable water
  • Water Access
  • No HOA
  • Ocean City Elementary School Rated A
  • Canal View

About This Lot

As of July 2018

Waterfront lot in the Cape Isle of Wight neighborhood! Build your dream home and park your boat in your backyard. In this West OC community, there are no city taxes and no HOA. There are very few waterfront lots left in the county so put this one on your list!

Last Agent to Sell the Property

Melanie Shoff

(443) 373-8399 melsellsthebeaches@gmail.com Coastal Life Realty Group LLC Listed on: 03/08/2018

Last Buyer's Agent

Joseph Wilson

(443) 235-8382 joewilsonsells@gmail.com Coastal Life Realty Group LLC License #633148

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,433

Lot Details

  • 8,013 Sq Ft Lot
  • Home fronts navigable water

Schools

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

Utilities

  • Well
  • On Site Septic
  • Public Hookup Available For Sewer

Additional Features

  • Canal Views
  • Flood Risk

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 10-748941

Community Details

Overview

  • No Home Owners Association
  • Cape Isle Of Wight Subdivision

Recreation

  • Water Access
  • Property is near a canal
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$1,433

Lot Details

0

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
  • Remarks Public: Waterfront lot in the Cape Isle of Wight neighborhood! Build your dream home and park your boat in your backyard. In this West OC community, there are no city taxes and no HOA. There are very few waterfront lots left in the county so put this one on your list!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 19.33
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10349

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail, On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA: 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

Lot Info

  • Additional Parcels: No
  • Lot Features: Bulkheaded
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8013.00
  • Possible Use: Residential
  • Year Assessed: 2017
  • Zoning: RES
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5435679
  • Tax Annual Amount: 1433.00
  • Assessor Parcel Number: 10-748941
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/27/2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
Jul 27, 2018
Sold by
Lisa Swale Duncan and Lisa Erkkenbrack
Bought by
Karaman Yasemin and Karaman Ali
Seller's Agent
Melanie Shoff
Coastal Life Realty Group LLC
Buyer's Agent
Joseph Wilson
Coastal Life Realty Group LLC
List Price
$159,900
Sold Price
$142,500
Premium/Discount to List
-$17,400
-10.88%
Current Estimated Value
$433,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,294
Avg. Annual Appreciation
16.57%
Original Mortgage
$99,750
Outstanding Balance
$86,818
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
$346,976

Purchase Details

Closed on
Aug 14, 2009
Sold by
Timmons Sara M
Bought by
Swale Duncan and Erkenbrack Lisa

Purchase Details

Closed on
Oct 13, 2005
Sold by
Withers Dale R
Bought by
Timmons Sara M

Purchase Details

Closed on
Oct 11, 2005
Sold by
Withers Dale R
Bought by
Timmons Sara M

Purchase Details

Closed on
Jan 18, 2005
Sold by
Liese Parks Patrick S and Liese Christine
Bought by
Withers Withers Dale R Dale R and Withers Carol C
Source: Public Records

Range of Values:

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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
Karaman Yasemin $142,500 Resort Land Title & Escrow
Swale Duncan $150,000 --
Timmons Sara M $290,000 --
Timmons Sara M $290,000 --
Withers Withers Dale R Dale R $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karaman Yasemin $99,750
Closed Timmons Sara M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $142,500 -8.0% --
06/22/2018 06/22/18 Pending -- -- --
04/11/2018 04/11/18 Price Changed $154,900 -3.1% --
03/08/2018 03/08/18 For Sale $159,900 -- --
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 $1,515 $164,100 $162,500 $1,600
2024 $1,499 $157,300 $0 $0
2023 $1,434 $150,500 $0 $0
2022 $1,369 $143,700 $142,500 $1,200
2021 $1,375 $143,700 $142,500 $1,200
2020 $1,375 $143,700 $142,500 $1,200
2019 $1,499 $156,600 $155,400 $1,200
2018 $1,452 $153,967 $0 $0
2017 $1,397 $151,333 $0 $0
2016 -- $147,500 $0 $0
2015 $1,381 $147,500 $0 $0
2014 $1,381 $147,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melanie Shoff

    Seller's Agent in 2018

    Melanie Shoff

    Coastal Life Realty Group LLC

    (443) 373-8399

    13 in this area

    231 Total Sales

    Melanie Shoff
    Section Image
  • Joseph Wilson

    Buyer's Agent in 2018

    Joseph Wilson

    Coastal Life Realty Group LLC

    (443) 235-8382

    18 in this area

    270 Total Sales

    Joseph Wilson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001563786

Bright MLS

APN: 10-748941

Maryland Worcester County Ocean City 21842 West Ocean City

10349 New Quay Rd, Ocean City, MD

This home is located at 10349 New Quay Rd, Ocean City, MD 21842 since 08 March 2018 and is currently estimated at $433,794. 10349 New Quay Rd is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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