NOT LISTED FOR SALE

10424 New Quay Rd Ocean City, MD 21842

West Ocean City Neighborhood

Estimated Value: $643,000 - $889,000

3 Beds
2 Baths
1,352 Sq Ft
$561/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $600,000 $444 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,510/month

Highlights

  • 106 Feet of Waterfront
  • Private Dock Site
  • Access to Tidal Water
  • Ocean City Elementary School Rated A
  • Parking available for a boat
  • Fishing Allowed

About This Home

As of May 2022

Check out this 3BR, 2 full BA home in the desirable Cape Isle of Wight neighborhood in West OC! The home sits on a double lot with an extra EDU, so there are many possibilities for another building, garage or even just storing your boat, jet skis or seaplane. Add your own personal touches and upgrades and enjoy what waterfront living has to offer. Quick access to the bay and Ocean City. Plenty of restaurants, shopping, grocery stores etc. are just a few miles away. Whether by boat or car, your travel to the beaches in OC
are mere minutes. No HOA fees or city taxes. Add this one to your list today!

Last Agent to Sell the Property

Melanie Shoff

(443) 373-8399 melsellsthebeaches@gmail.com Coastal Life Realty Group LLC Listed on: 04/23/2022

Last Buyer's Agent

Melanie Shoff

(443) 373-8399 melsellsthebeaches@gmail.com Coastal Life Realty Group LLC Listed on: 04/23/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,853

Year Built

  • Built in 1990

Lot Details

  • 0.32 Acre Lot
  • 106 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Additional Land
  • Property is zoned R-2

Home Design

  • Block Foundation
  • Stick Built Home

Interior Spaces

  • 1,352 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Carpet
  • Canal Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Driveway
  • Parking available for a boat

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Property is near a canal
  • Bulkhead
  • Private Dock Site
  • Powered Boats Permitted
  • Deck

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 2410002052

Community Details

Overview

  • No Home Owners Association
  • Cape Isle Of Wight Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,853

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-04-23
  • Federal Flood Zone: Yes
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Remarks Public: Check out this 3BR, 2 full BA home in the desirable Cape Isle of Wight neighborhood in West OC! The home sits on a double lot with an extra EDU, so there are many possibilities for another building, garage or even just storing your boat, jet skis or seaplane. Add your own personal touches and upgrades and enjoy what waterfront living has to offer. Quick access to the bay and Ocean City. Plenty of restaurants, shopping, grocery stores etc. are just a few miles away. Whether by boat or car, your travel to the beaches in OC are mere minutes. No HOA fees or city taxes. Add this one to your list today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet
  • Interior Amenities: Carpet, Combination Dining/Living, Combination Kitchen/Dining, Kitchen - Table Space
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1352
  • Living Area Sq Ft: 1352
  • Price Per Sq Ft: 443.79
  • Above Grade Finished Sq Ft: 1352
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10424

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: Stick Built
  • Exterior Features: Boat Storage, Outside Shower
  • View: Canal
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed
  • 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: 106

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: R
  • Lot Features: Additional Lot(s), Bulkheaded
  • Lot Size Acres: 0.32
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13824.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2022
  • Zoning: R-2
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5397343
  • Tax Annual Amount: 2853.00
  • Assessor Parcel Number: 2410002052
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 1352
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/27/2022

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
Apr 23, 2022
Closed on
May 27, 2022
Sold by
Cobert Family Trust
Bought by
Shockley Chris J and Shockley Mary C
Seller's Agent
Melanie Shoff
Coastal Life Realty Group LLC
Buyer's Agent
Melanie Shoff
Coastal Life Realty Group LLC
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$758,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,590
Avg. Annual Appreciation
7.10%
Original Mortgage
$375,000
Outstanding Balance
$356,814
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$401,776

Purchase Details

Closed on
Sep 25, 2018
Sold by
Cobert Ronald N and Cobert Vivian L
Bought by
Cobert Ronald N and Cobert Vivian L
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
Shockley Chris J $600,000 None Listed On Document
Cobert Ronald N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shockley Chris J $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $600,000 0.0% $444 / Sq Ft
04/23/2022 04/23/22 For Sale $600,000 -- $444 / 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 $6,377 $690,900 $175,900 $515,000
2024 $1,446 $151,717 $0 $0
2023 $3,606 $378,433 $0 $0
2022 $2,909 $305,300 $181,000 $124,300
2021 $2,853 $298,167 $0 $0
2020 $2,785 $291,033 $0 $0
2019 $2,717 $283,900 $195,800 $88,100
2018 $2,579 $273,500 $0 $0
2017 $2,393 $263,100 $0 $0
2016 -- $252,700 $0 $0
2015 $2,118 $252,700 $0 $0
2014 $2,118 $252,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melanie Shoff

    Seller's Agent in 2022

    Melanie Shoff

    Coastal Life Realty Group LLC

    (443) 373-8399

    13 in this area

    231 Total Sales

    Melanie Shoff
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO2007236

Bright MLS

APN: 10-002052

Maryland Worcester County Ocean City 21842 West Ocean City

10424 New Quay Rd, Ocean City, MD

This home is located at 10424 New Quay Rd, Ocean City, MD 21842 since 23 April 2022 and is currently estimated at $758,590, approximately $561 per square foot. This property was built in 1990. 10424 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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