NOT LISTED FOR SALE

Estimated Value: $516,463 - $580,000

3 Beds
1.5 Baths
1,131 Sq Ft
$486/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $379,000 $335 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,270/month

73 Days on Market

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Bay View
  • Ocean City Elementary School Rated A
  • Access to Tidal Water
  • Open Floorplan

About This Home

As of May 2021

Beautifully renovated, waterfront home in Cape Isle of Wight located on a corner lot. Home features wide open living space perfect for family gatherings. Kitchen includes stainless steel appliances, resurfaced cabinets, and new countertops. Renovated bathrooms include upgraded vanities. New flooring throughout entire home. New roof and HVAC system installed in 2019. Oversized master bedroom w/ en-suite half bath leads out to your open porch/patio with a dock area & amazing views of the bay and Ocean City skyline. Home features plenty of off-street parking as well as a large shed. Don't miss your opportunity to own in this wonderful waterfront community today.

Last Agent to Sell the Property

Joseph Wilson

Coastal Life Realty Group LLC License #633148 Listed on: 01/21/2021

Last Buyer's Agent

Tina Dorsey

Coastal Life Realty Group LLC License #RS-0024229

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,153

Year Built

  • Built in 1968

Lot Details

  • 8,077 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Cleared Lot
  • Property is zoned R-2

Property Views

  • Bay
  • City
  • Canal

Home Design

  • Rambler Architecture
  • Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,131 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near a canal
  • Bulkhead
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Dock Against Bulkhead
  • Deck

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cape Isle Of Wight Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 10-003687

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,153

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-01-21
  • Federal Flood Zone: Yes
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Remarks Public: Beautifully renovated, waterfront home in Cape Isle of Wight located on a corner lot. Home features wide open living space perfect for family gatherings. Kitchen includes stainless steel appliances, resurfaced cabinets, and new countertops. Renovated bathrooms include upgraded vanities. New flooring throughout entire home. New roof and HVAC system installed in 2019. Oversized master bedroom w/ en-suite half bath leads out to your open porch/patio with a dock area & amazing views of the bay and Ocean City skyline. Home features plenty of off-street parking as well as a large shed. Don't miss your opportunity to own in this wonderful waterfront community today.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Stove, Washer/Dryer Stacked
  • Flooring Type: Laminated, Vinyl
  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s)
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1131
  • Living Area Sq Ft: 1131
  • Price Per Sq Ft: 344.83
  • Above Grade Finished Sq Ft: 1131
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10360

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Roof: Metal
  • View: Bay, Canal, City
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

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

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

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 011
  • Lot Features: Bulkheaded, Cleared
  • Lot Size Acres: 0.19
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8077.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2021
  • Zoning: R-2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5397480
  • Tax Annual Amount: 2153.00
  • Assessor Parcel Number: 10-003687
  • Tax Lot: 10
  • Tax Total Finished Sq Ft: 1131
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/21/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
May 21, 2021
Sold by
Kennedy Ryan John and Kennedy Meegan Jayne
Bought by
Murray Dennis P and Dahlgren Jean G
Seller's Agent
Joseph Wilson
Coastal Life Realty Group LLC
Buyer's Agent
Tina Dorsey
Coastal Life Realty Group LLC
List Price
$400,000
Sold Price
$379,000
Premium/Discount to List
-$21,000
-5.25%
Current Estimated Value
$549,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,116
Avg. Annual Appreciation
9.22%
Original Mortgage
$341,100
Outstanding Balance
$309,966
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$242,374

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jun 7, 2019
Sold by
Smithhisler Herman R and Smithhisler Angela R
Bought by
Kennedy Ryan John and Kennedy Meegan Jayne Reno
Seller's Agent
Dennis Parker
Newport Bay Realty
Buyer's Agent
Spiro Buas
P D C Realty
List Price
$289,900
Sold Price
$250,000
Premium/Discount to List
-$39,900
-13.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.65%
Original Mortgage
$225,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1988
Sold by
Insley Krinstine Page
Bought by
Smithhisler Herman R and Smithhisler Angela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
10.22%
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Murray Dennis P $379,000 Maryland Title Service
Kennedy Ryan John $250,000 None Available
Smithhisler Herman R $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Dennis P $341,100
Previous Owner Kennedy Ryan John $225,000
Previous Owner Smithhisler Herman R $189,472
Previous Owner Smithhisler Herman R $70,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $379,000 -2.8% $335 / Sq Ft
03/05/2021 03/05/21 Price Changed $390,000 -2.5% $345 / Sq Ft
01/21/2021 01/21/21 For Sale $400,000 +60.0% $354 / Sq Ft
06/07/2019 06/07/19 Sold $250,000 -11.3% $221 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
09/05/2018 09/05/18 Price Changed $281,900 -2.8% $249 / Sq Ft
06/07/2018 06/07/18 For Sale $289,900 -- $256 / 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 $3,335 $399,800 $176,500 $223,300
2024 $3,335 $350,033 $0 $0
2023 $2,861 $300,267 $0 $0
2022 $2,387 $250,500 $156,500 $94,000
2021 $2,275 $237,733 $0 $0
2020 $2,153 $224,967 $0 $0
2019 $2,031 $212,200 $169,400 $42,800
2018 $2,001 $212,200 $169,400 $42,800
2017 $2,010 $212,200 $0 $0
2016 $1,221 $212,300 $0 $0
2015 $1,221 $212,300 $0 $0
2014 $1,221 $212,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO119522

Bright MLS

APN: 10-003687