NOT LISTED FOR SALE

104 85th St Unit 303 Ocean City, MD 21842

Estimated Value: $445,604 - $492,000

2 Beds
2 Baths
1,076 Sq Ft
$425/mo HOA Fee

Last Sold December 27, 2019

Last sale price $275,000 $256 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,284/month

169 Days on Market

Highlights

  • Bay View
  • 1 Fireplace
  • Central Air
  • Ocean City Elementary School Rated A
  • Community Pool
  • Dining Room

About This Home

As of December 2019

Come take a look today at this spacious 2BR/2BA condo with roof top pool in desirable mid-town location. You will love making memories with your family at Captiva Bay! From the minute you walk in the door you will feel at home. The unit is being sold fully furnished and ready for your immediate enjoyment. There is a large master bedroom with private master bath and a second bedroom and bath for guests, and there is a fireplace for year round enjoyment. The owners use this unit for their personal enjoyment and as a rental to help with cost. Make your dream of owning at the beach a reality! This property is uniquely situated so that it has fabulous Bay and sunset views, and is a short walk to the beach. At Captiva Bay enjoy the rooftop pool and sundeck with panoramic views of the City and the ocean. There is a private dock for kayaking, paddle-boarding, crabbing and fishing.

Last Agent to Sell the Property

Nancy Reither

(410) 603-5050 nreither@cbmove.com Coldwell Banker Realty Listed on: 06/09/2019

Coldwell Banker Realty

Last Buyer's Agent

J.D. Wells

(443) 397-0024 john.wells@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023662

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,444

Year Built

  • Built in 2003

HOA Fees

  • $425 Monthly HOA Fees

Property Views

  • Bay
  • Canal

Home Design

  • Entry on the 3rd floor
  • Aluminum Siding

Interior Spaces

  • 1,076 Sq Ft Home
  • Property has 1 Level
  • Central Vacuum
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Dining Room
  • Dryer

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Paved Parking
  • Parking Lot

Location

  • Flood Risk

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan

Listing and Financial Details

  • Tax Lot 922A
  • Assessor Parcel Number 10-410673

Community Details

Overview

  • Mid-Rise Condominium
  • Captiva Bay Community

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,444

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
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Refrigerator, Stove
  • Entry Floor: 3
  • Interior Amenities: Ceiling Fan(s), Central Vacuum
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Dining Room, Kitchen, Family Room
  • Basement: No
  • Total Sq Ft: 1076
  • Living Area Sq Ft: 1076
  • Price Per Sq Ft: 278.72
  • Above Grade Finished Sq Ft: 1076
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • Spa: No
  • View: Bay, Canal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 5100.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: LC-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5431156
  • Tax Annual Amount: 3444.00
  • Assessor Parcel Number: 10-410673
  • Tax Lot: 922A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2019
Closed on
Dec 27, 2019
Sold by
Groves Gerald H and Groves Carmela
Bought by
Galasso Guy J and Galasso Julie A
Seller's Agent
Nancy Reither
Coldwell Banker Realty
Buyer's Agent
J.D. Wells
Berkshire Hathaway HomeServices PenFed Realty
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Current Estimated Value
$475,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,401
Avg. Annual Appreciation
9.59%
Original Mortgage
$206,250
Outstanding Balance
$141,045
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$334,356

Purchase Details

Closed on
Jan 22, 2004
Sold by
Sadjadi Fariba A
Bought by
Groves Gerald H and Groves Carmela

Purchase Details

Closed on
May 7, 2003
Sold by
Captiva Bay Llc
Bought by
Sadjadi Fariba A and Parvin Vahedi & Faridi Trustees
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Galasso Guy J $275,000 Capitol Title Group
Groves Gerald H $350,000 --
Sadjadi Fariba A $214,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galasso Guy J $206,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2019 12/27/19 Sold $275,000 -8.3% $256 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
06/09/2019 06/09/19 For Sale $299,900 -- $279 / 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 $4,310 $315,600 $0 $0
2024 $4,003 $286,900 $0 $0
2023 $3,629 $258,200 $129,100 $129,100
2022 $3,553 $252,833 $0 $0
2021 $3,497 $247,467 $0 $0
2020 $3,421 $242,100 $121,000 $121,100
2019 $3,337 $234,567 $0 $0
2018 $3,198 $227,033 $0 $0
2017 $3,116 $219,500 $0 $0
2016 -- $219,500 $0 $0
2015 $3,732 $219,500 $0 $0
2014 $3,732 $231,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO106860

Bright MLS

APN: 10-410673