NOT LISTED FOR SALE

Estimated Value: $541,000 - $672,000

4 Beds
2 Baths
1,680 Sq Ft
$357/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $530,000 $315 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,445/month

2 Days on Market

Highlights

  • 60 Feet of Waterfront
  • 1 Dock Slip
  • Canal View
  • Ocean City Elementary School Rated A
  • Access to Tidal Water
  • Cape Cod Architecture

About This Home

As of November 2023

Affordable Waterfront Home in Cape Isle of Wight. This 4 bedroom home offers 3 season room on rear overlooking canal. Decks adjoins the deck and nice level small yard. Shed conveys. This home has been well cared by the original owner. Perfect for boaters looking to have their own slip. 2nd floor does not have central air and home has been pre-inspected. Make appt to see as property is owner occupied. 2 bedrooms on 1st floor and 2 on the 2nd floor.

Last Agent to Sell the Property

Linda Moran

(443) 614-2261 linda.moran@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #52961 Listed on: 09/10/2023

Berkshire Hathaway HomeServices PenFed Realty-WOC

Last Buyer's Agent

Shawn Kotwica

(724) 840-0572 shawn.kotwica@cbmove.com Coldwell Banker Realty License #653192

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,615

Year Built

  • Built in 1987

Lot Details

  • 7,031 Sq Ft Lot
  • 60 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Cleared Lot
  • Property is in good condition
  • Property is zoned R-2

Home Design

  • Cape Cod Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Ceiling Fan
  • Living Room
  • Combination Kitchen and Dining Room
  • Canal Views
  • Crawl Space
  • Storm Doors

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Off-Site Parking

Outdoor Features

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

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Nanicoke
  • Cape Isle Of Wight Subdivision, Cape Cod Floorplan

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 2410004020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,615

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: 2 portable AC units on 2nd floor
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-09-11
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dryer - Electric, Microwave, Oven/Range - Electric, Stove, Washer, Water Heater
  • Flooring Type: Partially Carpeted, Vinyl
  • Interior Amenities: Combination Kitchen/Dining, Ceiling Fan(s)
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Laundry, Full Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 312.50
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10410

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Roof: Architectural Shingle
  • View: Canal
  • 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: 60

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Off Site
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 320.00
  • 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
  • Utilities: Cable Tv, Electric Available, Sewer Available
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

  • Horses: No
  • Land Use Code: R
  • Lot Features: Bulkheaded, Cleared
  • Lot Size Acres: 0.16
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7031.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: R-2
  • In City Limits: No

Building Info

  • Builder Name: Nanicoke

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 2615.00
  • Assessor Parcel Number: 2410004020
  • Tax Lot: 14
  • Tax Total Finished Sq Ft: 1680
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/20/2023

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
Sep 10, 2023
Closed on
Nov 20, 2023
Sold by
Harner Joanne M
Bought by
Hoffner Shawn M and Hoffner Rhonda E
Seller's Agent
Linda Moran
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
Shawn Kotwica
Coldwell Banker Realty
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Views
45
Current Estimated Value
$600,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,489
Avg. Annual Appreciation
6.72%
Original Mortgage
$380,000
Outstanding Balance
$373,534
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$226,955

Purchase Details

Closed on
Sep 23, 1985
Sold by
Kinling John F
Bought by
Harner Harry H and Harner Joanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
12.21%
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
Hoffner Shawn M $530,000 None Listed On Document
Hoffner Shawn M $530,000 None Listed On Document
Harner Harry H $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffner Shawn M $380,000
Closed Hoffner Shawn M $380,000
Previous Owner Harner Harry H $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold $530,000 +1.0% $315 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
09/10/2023 09/10/23 For Sale $525,000 -- $313 / 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 $3,255 $352,700 $176,000 $176,700
2024 $3,108 $326,233 $0 $0
2023 $2,450 $299,767 $0 $0
2022 $2,359 $273,300 $156,000 $117,300
2021 $2,296 $261,733 $0 $0
2020 $2,225 $250,167 $0 $0
2019 $2,155 $238,600 $168,900 $69,700
2018 $2,260 $238,600 $168,900 $69,700
2017 $2,026 $238,600 $0 $0
2016 -- $243,700 $0 $0
2015 -- $243,700 $0 $0
2014 $1,532 $243,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2016184

Bright MLS

APN: 10-004020