NOT LISTED FOR SALE

104 85th St Unit 105 Ocean City, MD 21842

Estimated Value: $588,237 - $681,000

3 Beds
2 Baths
1,459 Sq Ft
$425/mo HOA Fee

Last Sold October 18, 2019

Last sale price $440,000 $302 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,326/month

36 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Pier or Dock
  • 1 Fireplace
  • Ocean City Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Furnished

About This Home

As of October 2019

Enjoy the breathtaking views and sunsets of the Assawoman Bay from your large wraparound balcony. A rare opportunity to own a highly desirable three bedroom and two bath condo in Captiva Bay. Condo includes a large master bayfront bedroom with a screened-in porch and an oversized storage area. Amazing rental history. Outdoor rooftop pool and private fishing pier. Perfect for your vacation getaway or year-round residence!

Last Agent to Sell the Property

Sharon Daugherty

(410) 430-4004 sdgclient@outlook.com Keller Williams Realty Delmarva License #SL3435144 Listed on: 08/01/2019

Keller Williams Realty Delmarva

Last Buyer's Agent

ANNIE Buxbaum

anniebuxbaum1@gmail.com Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,804

Year Built

  • Built in 2003

Lot Details

  • Property Fronts a Bay or Harbor
  • Property is in very good condition

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Aluminum Siding

Interior Spaces

  • 1,459 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Screen For Fireplace
  • Bay Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 922A
  • Assessor Parcel Number 10-410576

Community Details

Overview

  • Association fees include common area maintenance, pool(s)
  • Mid-Rise Condominium
  • Legum And Norman Condos
  • Captiva Bay Community

Amenities

  • 1 Elevator

Recreation

  • Pier or Dock
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,804

Year Built

Built in 2003

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Disposal, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Carpet, Ceiling Fan(s), Primary Bath(s), Primary Bedroom - Bay Front
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1459
  • Living Area Sq Ft: 1459
  • Price Per Sq Ft: 325.57
  • Above Grade Finished Sq Ft: 1459
  • Above Grade Finished Area Units: Square Feet

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: Aluminum Siding
  • Roof: Flat
  • Spa: No
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 425.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: LEGUM AND NORMAN
  • HOA Condo Co-Op Amenities: Elevator, Pier/Dock, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s)
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Zoning: LC-1
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5431146
  • Tax Annual Amount: 5804.00
  • Assessor Parcel Number: 10-410576
  • Tax Lot: 922A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Oct 18, 2019
Sold by
Riedel Richard L and Riedel Elise
Bought by
Depuma Charles Carmen and Depuma Marie Ann
Seller's Agent
Sharon Daugherty
Keller Williams Realty Delmarva
Buyer's Agent
ANNIE Buxbaum
Long & Foster Real Estate, Inc.
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%
Current Estimated Value
$645,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,446
Avg. Annual Appreciation
6.32%
Original Mortgage
$190,000
Outstanding Balance
$167,124
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$475,185

Purchase Details

Closed on
Nov 10, 2010
Sold by
Tracy Kenneth S
Bought by
Riedel Richard L and Riedel Elise

Purchase Details

Closed on
Apr 4, 2003
Sold by
Captiva Bay Llc
Bought by
Tracy Kenneth S and Tracy Deborah
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Depuma Charles Carmen $440,000 None Available
Riedel Richard L $375,000 --
Tracy Kenneth S $419,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Depuma Charles Carmen $190,000
Closed Tracy Kenneth S --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2019 10/18/19 Sold $440,000 -7.4% $302 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $475,000 -- $326 / 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 $6,076 $444,933 $0 $0
2024 $6,005 $430,367 $0 $0
2023 $5,844 $415,800 $207,900 $207,900
2022 $5,844 $415,800 $207,900 $207,900
2021 $5,876 $415,800 $207,900 $207,900
2020 $5,828 $415,800 $207,900 $207,900
2019 $5,845 $410,867 $0 $0
2018 $5,717 $405,933 $0 $0
2017 $5,499 $401,000 $0 $0
2016 -- $387,333 $0 $0
2015 $4,500 $373,667 $0 $0
2014 $4,500 $360,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sharon Daugherty

    Seller's Agent in 2019

    Sharon Daugherty

    Keller Williams Realty Delmarva

    (410) 430-4004

    149 in this area

    227 Total Sales

    Sharon Daugherty
    Section Image

  • A

    Buyer's Agent in 2019

    ANNIE Buxbaum

    Long & Foster

See All Agents

Map

Source: Bright MLS

MLS Number: MDWO100045

Bright MLS

APN: 10-410576

Maryland Worcester County Ocean City 21842

104 85th St Unit 105, Ocean City, MD

Not Listed for Sale

Condos

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